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...
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 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,...
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....
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...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
