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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 396
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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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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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The FICS advantage: Leveraging automation for smarter mortgage servicing in 2025

Housing Wire

Heres a prime example: FICS Mortgage Servicer software maximizes servicers capabilities by automating key residential servicing operations including payment processing, investor reporting, escrow administration, custodial accounting, imaging, and report writing. This locks down compliance and efficiency in a highly regulated environment.

Mortgages 370
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Banc of California selling $2B in DSCR loans

Housing Wire

Roughly eight months after acquiring PacWest Bancorp in a rescue deal , Banc of California is selling roughly $2 billion in business-purpose residential mortgage loans, according to Bloomberg. billion of single-family residential loans at a discount. The bank entered into an agreement to buy $1.8

Loans 434