Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” The deal will yield as much as $300 million in new investments into single-family rental (SFR) and built-to-rent (BTR) properties. according to a statement from Wrightwell. “We

Finance 397

Finance Residential Commercial Construction 397

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

Residential 435

Residential Lending Finance Investor 435

Housing Wire

OCTOBER 16, 2024

Production data represents residential transactions only. RealTrends excludes transactions such as commercial, rentals, lease, land, empty lots, and outside referred business from published totals. RealTrends is a VERIFIED program and obtains documentation on all stated production totals before publishing.

Agents 464

Agents Commercial Land Branding 464

Housing Wire

MARCH 3, 2025

Matterports cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial properties are marketed and experienced, Andy Florance, the founder and CEO of CoStar Group , said in a statement. The firms residential North American network generated $58.9 CoStar paid $1.6

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Closing Residential Technology Commercial 311

Housing Wire

FEBRUARY 4, 2025

In June 2024, it completed the $70 million acquisition of Great Ajax , transitioning the business from a legacy residential loan platform to a vehicle focused on commercial real estate. It has made a slew of acquisitions in the credit and mortgage servicing sectors over the past two years.

Commercial 404

Commercial Residential Loans Banks 404

Housing Wire

JANUARY 31, 2025

In this role, Quantie will work to expand KeyLinks residential and commercial title offerings, making them available to outside financial services entities by the end of first-quarter 2025. The title entity of Planet Financial Group has a new leader.

Title 392

Title Commercial Residential Industrial 392

Housing Wire

FEBRUARY 21, 2023

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The deal will offload an FoA subsidiary division that offers residential real estate investment loans.

Commercial 370

Commercial Lending Finance Title 370

Housing Wire

NOVEMBER 19, 2024

Formerly known as a collective of McEnearney Associates and Middleburg Real Estate/Atoka Properties , the firm’s agents serve both residential and commercial real estate clients across the Greater D.C. “Through establishing a presence in a major city like Washington, D.C., area’s urban, suburban and rural communities.

Principal 370

Principal Commercial MLS Branding 370

Housing Wire

JANUARY 17, 2025

When I joined MoxiWorks six months ago, it was clear that the residential real estate industry was undergoing significant change. Prior to this he served as the vice president of commercial programing at Provation and as a global vice president and account manager at TyMetrix , a Wolters Kluwer business.

Technology 369

Technology Brokerage Commercial Equity 369

Housing Wire

APRIL 29, 2024

Small-balance commercial lender Stronghill Capital shut down its nascent consumer and correspondent lending businesses late last week. The Austin, Texas-based lender will continue offering small-balance commercial and business purpose debt service coverage ratio (DSCR) loans to its clients, CEO John Eisinger told HousingWire Monday morning.

Lending 482

Lending Commercial Residential Loans 482

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. In the average residential transaction, commissions are usually split between the buyer’s agent and the seller’s agent, with the seller typically paying both commissions.

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

DECEMBER 3, 2024

. “Given the acceleration of our business and growing interest from investors in Pretium’s unique residential real estate ecosystem, we are focused on enhancing operational and strategic opportunities across the enterprise,” Pruzan said.

Banks 370

Banks Commercial Residential Construction 370

Housing Wire

FEBRUARY 14, 2025

MISMO board members, who represent a cross-section of the residential and commercial real estate finance industries, are responsible for overseeing the organization and serve two-year terms. We are excited to welcome these exceptional executives to the MISMO Board of Directors, said Richard Hill, acting president of MISMO.

Finance 329

Finance Commercial Technology Lending 329

Housing Wire

FEBRUARY 9, 2025

The CoStar Group -owned residential real estate listing platform will have two 30-second spots in Sundays Super Bowl LVIII. The two commercials feature Levy as the head of Homes.com and Gardner as his top executive. Homes.com is back at it with another round of Super Bowl advertisements.

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Branding Commercial Title Residential 320

Housing Wire

NOVEMBER 8, 2024

And we protect consumers when we provide data and perspective on legislation that incentivizes the conversion of commercial space into affordable residential housing.” We actively support legislation that reduces the tax implications for long-term owners selling their homes,” he said.

VA loan 370

VA loan Commercial Loans Staging 370

Housing Wire

MARCH 8, 2024

banks to fail in the coming months because of declining values and defaults in their commercial real estate loan portfolios. We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. FDIC), banks held $2.78

Banks 493

Banks Commercial Residential Lending 493

Housing Wire

APRIL 4, 2024

If approved, the changes would boost capital requirements for large banks’ residential mortgage portfolios compared to international standards. The Fed is mainly concerned with financial institutions that have high concentrations in commercial real estate, primarily the office sector, where there are significant “expected price declines.”

Banks 513

Banks Commercial Residential Loans 513

Housing Wire

FEBRUARY 9, 2024

In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com ) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs. The portal wars are heating up.

Commercial 476

Commercial Marketing Residential Branding 476

Housing Wire

APRIL 17, 2024

That includes the nation’s top homebuilders ( DR Horton and Lennar ), mortgage originators ( United Wholesale Mortgage and Rocket Mortgage ), brokerages ( Anywhere and Compass ) and residential search portals ( Zillow and CoStar , which owns Homes.com ). trillion in commercial real estate debt comes due over the next few years.

Mortgages 493

Mortgages Fixed-rate mortgage Banks Residential 493

Housing Wire

NOVEMBER 12, 2024

This is a very, very large ecosystem in residential and commercial real estate, and there are a lot of people in organizations that do things a lot better than the association,” Wright said. “We We want to acknowledge that and leverage that.”

Commercial 370

Commercial Residential Brokerage Industrial 370

Housing Wire

SEPTEMBER 24, 2024

Toorak Capital Partners is a leading provider of business-purpose mortgages backed by residential, multifamily and mixed-used properties. Founded in 2016, it connects small-balance residential and commercial mortgage originators with institutional capital. He will report to John Beacham , CEO of Roemanu and Toorak.

Residential 434

Residential Commercial Finance Loans 434

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

MAY 11, 2022

The number of purchase orders opened per day dropped 1% year over year, while the number of commercial orders opened per day rose 6% compared to a year prior. The increase in commercial volume led to a 46% year-over-year increase in commercial revenue to $347 million. However, the firm expects commercial volume to remain strong.

Title 397

Title Commercial Residential Investor 397

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 446

Commercial Residential Construction Technology 446

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb.

Banks 468

Banks Mortgages Fixed-rate mortgage Equity 468

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

MAY 21, 2024

Shuler has also served in CIO leadership roles at GMAC Mortgage/GMAC ResCap , National City Mortgage and Homeward Residential. Planet Home Lending is an originator, correspondent lender , servicer and subservicer of agency and nonagency residential and commercial mortgages.

Lending 447

Lending Residential Technology Commercial 447

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. Moody’s also downgraded NYCB subsidiary Flagstar Bank , through which the bank originates residential mortgages.

Banks 468

Banks Mortgages Commercial Residential 468

Housing Wire

FEBRUARY 11, 2021

Excelerate Capital, a multi-state full-service wholesale, retail and residential mortgage banker, announced the successful completion of its acquisition of Castle Mortgage Corporation. Total commercial revenue was $226.6 Net income in the fourth quarter was $280.3 million, or $2.49 per diluted share. Presented by: Excelerate Capital.

Title 515

Title Commercial Closing Equity 515

Housing Wire

MARCH 28, 2025

Smart Data: Over 1 billion data points on residential and commercial real estate. Im sure that in the near future, the commercial data will be more reliable and readily available. Automated valuation model (AVM): Boosts client consultations by using its proprietary algorithms to accurately estimate home values.

MLS 355

MLS Agents Commercial Technology 355

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 445

Closing Commercial Loans Residential 445

Housing Wire

OCTOBER 4, 2023

This is likely because rates of nonpayment from both commercial and residential tenants skyrocketed during the pandemic. Unlike in the construction industry, the BDS data does not distinguish between residential and non-residential, so it is unclear how residential lessors fared relative to retail, office, etc.

Brokerage 448

Brokerage Agents Commercial Residential 448

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

SEPTEMBER 16, 2020

We expect residential housing market and refinances—buoyed by low mortgage rates—to remain strong throughout the year,” Tomb said. The question left outstanding is how the commercial market will rebound. Overall, total operating income for the industry was up 8.2%

Title 482

Title Land Commercial Lending 482

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

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

FEBRUARY 24, 2022

Agency title premiums and commercial title revenue also increased 23% and 70%, respectively during the fourth quarter. Commercial orders also increased, with the number of commercial orders opened increasing 13% and the number of commercial orders closed increasing 17% year over year. billion, with $1.0 in Q4 and 21.7%

Title 397

Title Commercial Land Residential 397