Remove Commercial Remove Due diligence Remove Equity
article thumbnail

NYCB to sell $5B in mortgage warehouse loans to JPMorgan

Housing Wire

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. In January 2024, the bank suffered a confidence crisis after reporting a net loss in the last quarter of 2023 due to a provision for loan losses of $552 million, mainly impacted by its exposure to commercial real estate loans.

Loans 468
article thumbnail

Judge grants motion to dismiss NEXA Mortgage lawsuit against former president

Housing Wire

Extolling the virtues of notice pleading is fine, but letters of intent on commercial property that ultimately go nowhere are legion,” McCoy wrote. Kortas and Grella founded NEXA seven years ago after leaving Equity Prime Mortgage. As of Wednesday, NEXA was the largest U.S.

Mortgages 435
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Mortgage Collaborative launches emerging technology fund

Housing Wire

The Fund will seek commercial leverage by organizing and leading a syndicate of fintech-focused venture capital and private equity funds to create significantly more investing capacity – an important aspect of the program’s design.

article thumbnail

How Commercial Real Estate Investors Are Weighing Climate Change When Planning Future Business Strategies

RIS Media

While COVID-19 is the leading disruptor of the commercial real estate market at the moment, the industry is preparing for even further long-term disruption from climate change. – Incorporating climate risk into due diligence and other investment decision-making processes.

article thumbnail

Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Zoning determines land use, such as residential, commercial, or agricultural.

Land 128
article thumbnail

How to Invest in Real Estate Online

Realty Biz

Due diligence: The platform conducts due diligence on the projects listed, ensuring they meet specific criteria and align with industry standards. They can typically invest through either debt or equity options. Their platform offers a range of investment opportunities, including equity investments and funds.

article thumbnail

Cash Flow Will NOT Make You Rich

Marco Santarelli

With only 5% appreciation per year you’d make over two (2) times more money in equity than cash flow alone. And with a 10% average rate of appreciation over five years you’d make over five (5) times more money in equity than cash flow alone. Even a modest 5% annual increase can significantly boost your equity and overall wealth.

Equity 98