Greystone, a New York City-based commercial real estate finance company, has provided $19 million in bridge-to-agency financing for Tower Apartments, a 118-unit multifamily property in the Los Angeles suburb of Bellflower, California. Tower Apartments contains a...
Fannie Mae (OTCQB:FNMA) announced new capabilities for its Desktop Underwriter (DU) system. Effective March 29, Fannie Mae single-family lenders can use a single 12-month asset verification report in the DU validation service to identify recurring deposits in the...
Paradatec Inc., a provider of artificial intelligence (AI)-based document analysis technology for the lending and real estate industries, announced the availability of a new analytics module designed to automatically compare system-of-record data from different...
BridgeCore Capital Inc. has created a new middle market commercial real estate loan program designed to serve as an alternative financing product to traditional LifeCo funding. According to the Beverly Hills, California-based company, the program provides borrowers a...
Umpqua Bank, the Lake Oswego, Oregon-headquartered subsidiary of Columbia Banking System Inc. (NASDAQ: COLB), announced the appointment of Nicole Bascomb-Green as head of community lending. In her new job, Bascomb-Green will be responsible for the management of the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
