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Washington state lawmakers working on commercial-to-residential conversion bill

Housing Wire

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. Those rules only applied to conversions in commercial and mixed-use zones. The measure passed overwhelmingly in a vote of 95-2. HB 1757 is sponsored by Rep.

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Rocket makes a Super Bowl commercial comeback

Housing Wire

I cant share the exact cost, but as you can imagine, a Super Bowl commercial especially one thats never been done before is a significant investment. I cant share the exact cost, but as you can imagine, a Super Bowl commercial especially one thats never been done before is a significant investment. And why that song specifically?

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Wells Fargo sells most of its commercial mortgage servicing to Trimont

Housing Wire

Wells Fargo has agreed to sell most of its commercial mortgage servicing portfolio to Atlanta-based Trimont. The deal is expected to make Trimont the largest servicer of multifamily and commercial loans in the U.S. The transaction includes only Wells Fargo’s non-agency, third-party commercial mortgage servicing (CMS) business.

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No, homeowner delinquency rates aren’t elevated

Housing Wire

These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. Its not even a clever lie.

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Florida Realtors’ Tim Weisheyer on using servant leadership to drive success in business

Housing Wire

Weisheyer is also the CEO of Dream Builders Realty and DBR Commercial in central Florida. Weisheyer is also the CEO of Dream Builders Realty and DBR Commercial in central Florida. There’s Dream Builders Realty, DBR Commercial Real Estate and Avanti Way Realty. This conversation has been edited for length and clarity.

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MBA promotes Jamie Woodwell to lead its commercial, multifamily public policy efforts

Housing Wire

The Mortgage Bankers Association (MBA) on Monday appointed Jamie Woodwell as its senior vice president of commercial/multifamily policy and strategic industry engagement. MBA leadership praised Woodwell for his market expertise and detailed economic insights in the commercial and multifamily real estate sectors.

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From tenant to trailblazer: Oralia Herrera takes helm at NAHREP

Housing Wire

Expanding homeownership, embracing commercial real estate As president of NAHREP, Herrera says her main priority is expanding access to homeownership amid todays affordability crisis. When I started, commercial brokers were majority white males, and it was hard to break in, Herrera said. Despite the setback, Herrera remains optimistic.