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First Citizens Takes Over 138 BMO Branches — and $5 Billion in Deposits

First Citizens Takes Over 138 BMO Branches — and $5 Billion in Deposits

by John G. Stevens | Sep 8, 2026 | Mortgage Information, Real Estate News

First Citizens Bank has completed one of the larger U.S. bank branch transfers of the year, taking control of 138 BMO locations across 11 states and adding approximately $5 billion in deposits to a balance sheet that already exceeds $225 billion. The acquisition...
Real Estate Finance Firm KV Capital Expands to Toronto

Real Estate Finance Firm KV Capital Expands to Toronto

by Phil Hall | Nov 25, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

The Alberta-based real estate finance firm and investment manager KV Capital has continued its expansion across Canada with the opening of an office in Toronto. The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a...
Saudi Arabia Launches First RMBS

Saudi Arabia Launches First RMBS

by Phil Hall | Aug 29, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

by Phil Hall | Aug 26, 2024 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

The global asset manager BlackRock (NYSE: BLK) has signed a memorandum of understanding with the Saudi Real Estate Refinance Company (SRC), a company within the Saudi government-owned Public Investment Fund, to further develop the kingdom’s real estate finance market....
New Bridge Loan Aimed at Buyers of Affordable Housing Communities

New Bridge Loan Aimed at Buyers of Affordable Housing Communities

by Phil Hall | Feb 23, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Churchill Stateside Group LLC (CSG), a Clearwater, Florida-headquartered real estate financial services and renewable energy company, has introduced a bridge loan product for owners seeking acquisition financing for affordable housing communities. The product can be...
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