Housing Wire

MARCH 25, 2024

Illinois-based State Farm General Insurance will not renew 30,000 residential property insurance policies in California , as well as 42,000 commercial apartment policies in the state, the company announced last week. 20, 2024, for commercial apartment policies. They will take effect Aug.

Commercial 482

Commercial Residential As-is Finance 482

Housing Wire

JANUARY 27, 2023

Carolyn Monroe, the president of Old Republic’s title insurance segment, attributed the relatively small yearly drop in 2022 to a strong performance by the firm’s commercial title insurance sector. Commercial premiums reported for full year 2022 represented an all-time high for the title group.

Title 418

Title Commercial Residential Investor 418

Housing Wire

DECEMBER 17, 2024

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.

Commercial 387

Commercial Technology Development Agents 387

Housing Wire

FEBRUARY 15, 2024

As we continue to grow our portfolio, we’ll use equity as well as debt … a lot of the banks that he works with also do commercial lending. So he’ll have access to commercial lines of credit for us,” Joe Caltabiano, CEO of HRT, said in an interview. That’ll be a big part. portfolio of more than 150 retail centers. “We

Loan Officer 434

Loan Officer Commercial Investor Banks 434

Housing Wire

MAY 21, 2024

This increased flow of funds appears to be driven by strengthening macro factors that favor residential mortgages over other yield assets such as commercial real estate (CRE) and commercial (C&I) loans. This increased interest is being led by private equity investors and insurance companies.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

Housing Wire

JULY 18, 2024

It is our team’s job to understand how LeadingRE can best support them, which may mean recommending specific courses from our Institute learning platform, introducing technologies from a Solutions Group provider, engaging them in our commercial real estate program, or helping them build new development business through Destinations by LeadingRE.

Industrial 445

Industrial Commercial Brokerage Development 445

Housing Wire

FEBRUARY 27, 2024

We believe Great Ajax will be well-positioned to execute on a commercial real estate-focused strategy and generate significant value for shareholders,” Nierenberg said. According to the deal announced Tuesday, Great Ajax will borrow $70 million in a one-year term loan agreement with one of Rithm’s subsidiaries. is advising Great Ajax.

Commercial 447

Commercial Loans Mortgages As-is 447

Housing Wire

JUNE 11, 2024

Meanwhile, Great Ajax is transitioning from a legacy residential loan platform to a vehicle focused on commercial real estate. “We believe this transaction positions Great Ajax to pursue a focused commercial real estate investment strategy that will unlock value for stockholders,” Nierenberg added.

Closing 443

Closing Commercial Loans Residential 443

Housing Wire

FEBRUARY 6, 2024

The Short-Term Rental Analysis is easy to read, provides true short-term rental comparables and key market insights, and is analyzed and signed by one of Opteon’s Commercial Staff Appraisers. The product is completed from the desk of Opteon’s commercial staff appraisers in just 2-3 business days without requiring an inspection.

Commercial 468

Commercial Lending MLS Inspection 468

Housing Wire

MAY 14, 2024

The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales. “Compass has the best tools and technology in the industry, allowing us to operate at efficiencies we’ve only been dreaming of for the past three years,” Skenderian said in a statement.

Commercial 444

Commercial Residential Construction Technology 444

Housing Wire

FEBRUARY 20, 2024

Once again CoStar Group delivered exceptional results in our commercial information and marketplace businesses for the full year 2023, while at the same time devoting major time and resources towards launching the new Homes.com,” Andy Florance, founder and CEO of CoStar Group, said in a statement. billion for the year ending Dec.

Commercial 446

Commercial Residential Branding Sales 446

Housing Wire

OCTOBER 11, 2024

In addition to his nearly 50-year career in the industry, Aubry has also worked in both the residential and commercial real estate sectors. The Beacon office will be managed by senior managing director Tammy Benkwitt.

Commercial 434

Commercial Residential Industrial Agents 434

Housing Wire

JANUARY 31, 2024

In its earnings release, Old Republic noted that some of the title segment’s decline can be tied to a 21% pullback in commercial premiums in the fourth quarter and a 22% drop in commercial premiums for the year as a whole. “As compared to 2022, and a pretax income of $133.5 million, a drop of 56.7%.

Title 430

Title Commercial Technology Investor 430

Housing Wire

FEBRUARY 14, 2024

Regional banks in recent years went big on commercial real estate loans for office towers throughout America’s downtowns, the same buildings that now often sit unoccupied while remote workers stay home. trillion in commercial real estate debt comes due in the next three years.

Banks 468

Banks Mortgages Commercial Residential 468

Housing Wire

OCTOBER 9, 2024

Additionally, she has experience in commercial real estate transactions. She is a certified home stager with experience in both residential and commercial real estate. Walsh cited Coldwell Banker Realty’s marketing programs as one of the reasons for her return. This earned her the No.

Agents 435

Agents Commercial New Construction Title 435

Housing Wire

OCTOBER 26, 2023

Yearly decreases were reported across the commercial, purchase and refinance segments, with purchase order volume take the largest hit, dropping by over 7,000 opened orders to 53,506 orders. In addition, the average revenue per order to $3,653, primarily attributable to a decrease in the average revenue per order for commercial transactions.

Title 433

Title Commercial Equity Residential 433

Housing Wire

MAY 14, 2024

These increases came despite a 2% annual decline in the number of refinance orders opened per day and flat growth in the number of commercial orders opened per day. Commercial volumes continue to be resilient and consistent.” The number of purchase orders opened per day was up 5% on a yearly basis. “In

Title 476

Title Commercial Land Investor 476

Housing Wire

JANUARY 11, 2023

In addition, both non-commercial and commercial title revenue were down, with yearly decreases of 18% and 5%, respectively. The firm’s title segment also reported an operating revenue of $647.9 million, down 16% year over year, and a pretax income of $51.8 million, which represents a 56% annual decline.

Title 435

Title Land Commercial Mortgages 435

Housing Wire

NOVEMBER 1, 2022

TaskEasy offers API and digital tools for property management to residential and commercial property portfolio owners. Its mobile application also allows single-family rental and commercial property owners to connect with contractors. Currently, it operates in more than 12,000 cities in the U.S.

Commercial 434

Commercial Property Management Technology Residential 434

Housing Wire

MARCH 18, 2022

Amid a tough environment for forward mortgage lending, Finance of America is betting on specialty finance & services products – reverse mortgages, investor loans, commercial loans – which are expected to deliver most of the return this year. Last year, the lender funded $35.6 However, in the fourth quarter, the total volume was $8.79

Finance 497

Finance Mortgages Commercial Lending 497

Housing Wire

JANUARY 3, 2024

Commercial property firm CBRE estimates that rent prices will only grow 1.2% Housing experts expect that a boost in apartment inventory in 2024 will dampen rent growth. However, affordability woes will persist. this year, bringing the vacancy rate above the pre-pandemic level, the Wall Street Journal reported.

Construction 482

Construction Commercial Property Management Residential 482

Housing Wire

MAY 14, 2024

LERETA is a financial services company that offers a suite of nationwide real estate tax services for residential and commercial mortgages. Some of its offerings include automated online research and certification, tax bill processing, delinquent tax services and tax outsourcing service programs.

Technology 448

Technology Commercial Residential Development 448

Housing Wire

JULY 28, 2023

However, low housing inventory , high mortgage rates , lower commercial and residential real estate activity, and economic conditions continue to exist in the market, contributing to lower second quarter operating results as compared to last year’s quarter.” million, which commercial title revenue fell 37% annual to $47.6

Title 369

Title Commercial Residential Investor 369

Housing Wire

APRIL 7, 2023

trillion in commercial real estate debt will mature, “… by far more than any 5-year period in history.” Musk went on to comment that the rise in defaults among commercial and residential loans could “hammer” banks. An opportunity for commercial real estate investors and developers? history and the ripple effect that followed.

Commercial 418

Commercial Banks Fixed-rate mortgage Residential 418

Housing Wire

APRIL 17, 2024

Regional banks – which traditionally have been major residential mortgage originators – went big on commercial real estate loans as larger banks scaled back in this area in recent years. trillion in commercial real estate debt comes due over the next few years.

Mortgages 493

Mortgages Fixed-rate mortgage Banks Residential 493

Housing Wire

SEPTEMBER 11, 2024

Much of his experience lies in commercial real estate development and management. I’m actually a transactional person because I’ve done a lot of sales myself, so I can help with commercial sales, luxury sales , residential investment, or luxury branding,” Carrion explained. That was the No. 1 thing, was proving myself to them.”

Brokerage 476

Brokerage Commercial Agents Branding 476

Housing Wire

APRIL 4, 2023

Migliara is a veteran of asset-backed securities, consumer lending platforms, and residential and commercial real estate. The partnership will accelerate GreenBarn’s strategy of building a vertically integrated and diversified commercial real estate debt and equity business.

Commercial 396

Commercial Lending Equity Banks 396

Housing Wire

SEPTEMBER 24, 2024

Property taxes in the city — as is the case with many localities nationwide — are higher, and the tax burden is increasingly shifting from commercial to residential properties. This is according to local reporting by The Maine Wire from a recent city council meeting. We live in a coastal community, it’s very attractive to live here.

Mortgages 468

Mortgages Commercial Residential As-is 468

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. If we must shrink, then we will shrink. If we must sell non-strategic assets, then we’ll do that.

Mortgages 468

Mortgages Banks Marketing Commercial 468

Housing Wire

SEPTEMBER 15, 2023

These policy considerations, enforced by technology and legal conventions, are required for interoperability among supply chains and between competing “Super Apps.” Registration : A golden record of who owns the asset is a prerequisite for any commercial trading system.

Commercial 435

Commercial Technology Investor Title 435

Housing Wire

JULY 28, 2023

This decrease, plus the drop average revenue per commercial order from $13,200 to $11,600, was partially offset by a 1% annual increase in revenue per order to $3,640. “We While our key purchase, commercial and refinance market appear to have troughed, the timing of a recovery in these markets remain unclear.”

Title 369

Title Commercial Residential Investor 369

Housing Wire

OCTOBER 12, 2023

If approved, AmeriFirst’s retail and commercial loans worth more than $5 million will be sold to a non-QM lender Oaktree Funding Corp., With the sale, Oaktree would pay $293,000 of two closed and partially drawn commercial loans to Sound Capital to retire AmeriFirst’s obligations to Sound Capital under its warehouse line.

Loans 435

Loans Bankruptcy Sales Commercial 435

Housing Wire

MARCH 6, 2024

The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. Liberty is expected to invest $450 million, followed by $250 million from Hudson Bay Capital and $200 million from Reverence Capital Partners. billion goodwill impairment.

Equity 440

Equity Mortgages Banks Commercial 440

Housing Wire

DECEMBER 19, 2024

According to the company’s announcement, the new commercial media network will leverage RE/MAXs digital ecosystem to provide advertisers with a new platform to connect with consumers. Google Analytics data for Remax.com and Remax.ca shows that the sites have an average of 7.6

Branding 348

Branding Commercial Mortgages Industrial 348

Housing Wire

MAY 21, 2024

Planet Home Lending is an originator, correspondent lender , servicer and subservicer of agency and nonagency residential and commercial mortgages. In March , Planet hired Matt Kingsborough as regional sales manager to drive the company’s expansion plans in the western U.S.

Lending 446

Lending Residential Technology Commercial 446

Housing Wire

JANUARY 22, 2024

Lux’s career includes positions at Freddie Mac where he was executive vice president and chief information officer for seven years, and principal at Towers Watson , a global professional services company, where he was responsible for leading teams in the delivery of commercial risk modeling technology for the insurance industry.

Technology 453

Technology Principal Commercial Loans 453

Housing Wire

SEPTEMBER 13, 2023

Direct Capital, through its subsidiary Direct Mortgage , offers residential, commercial and SBA loans, per its website. Florida-based financial services firm The Graystone Company has completed the acquisition of mortgage banker and broker Direct Capital Investment Group through a reverse merger transaction, the companies announced Monday.

Loan Officer 415

Loan Officer Commercial Loans Lending 415