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United Real Estate expands Midwest footprint through Kansas City merger

Housing Wire

In a company statement, United Real Estate President Rick Haase expressed excitement about bringing SunWest operating principal and partner Jerry Braklow and his team into the fold. Platinum arrived on scene in 2005 and is now one of the largest independent residential brokerages in the Midwest.

Brokerage 397
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Progress Residential unveils 36th private-label SFR offering 

Housing Wire

Another single-family rental (SFR) securitization deal sponsored by a large institutional player, Progress Residential , is slated to hit the private-label market this month, bringing the total securitization-deal count for Progress to seven so far this year. billion; FirstKey Homes , $10 billion; Amherst Residential , $6.3

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Corcoran Group enters Washington, D.C., with a new affiliate

Housing Wire

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. At Corcoran McEnearney, Pejacsevich will serve as principal and chief operating officer, while Buzzelli will serve as chief strategy officer.

Principal 370
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HUD creates research grant to analyze office-to-residential conversions

Housing Wire

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

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Consulting firm Milliman jumps into mortgage advisory by hiring two big names

Housing Wire

is expanding into the residential mortgage business, and it’s picked up Sterling Point Advisors ‘ Jeff Juliane and Brett Ludden to lead the effort. “We are thrilled to welcome Jeff and Brett to Milliman,” said Jonathan Glowacki, a principal at Milliman. Global consulting and actuarial firm Milliman Inc.

Mortgages 221
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Kiavi attracts new investors with latest fix-and-flip mortgage securitization

Housing Wire

Kiavi , a San Francisco-based lender for residential real estate investors , announced on Tuesday the closing of a $400 million rated securitization of residential transition loans (RTLs) in an “oversubscribed” transaction. The notes are backed by 659 mortgage loans with a total principal balance of approximately $168 million.

Investor 448
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Kiavi lands another $300M in its latest RTL securitization

Housing Wire

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans.

Land 259