Real estate news

• Meet 'social agents,' real estate's new middlemen - Inman.com

  20-04-2015 23:36
  
  Meet 'social agents,' real estate's new middlemen
  Inman.com
  Nataliya Gorokhovskaya recently got her real estate license to help her husband invest in properties. She's not interested in helping others buy and sell homes full time. But she'll collect big bucks if she hooks up friends and acquaintances with real ...
  
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• Home Point Financial expands into retail mortgage lending

  20-04-2015 23:36
  
  Home Point Financial, a subsidiary of Home Point Capital LP, a financial services holding company founded in 2014 and owned by members of management and by investment funds managed by Stone Point Capital LLC, is launching a mortgage banking business. Here's the skinny.
  
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• Morgan Stanley could pay $500 million in mortgage pact

  20-04-2015 22:49
  
  Morgan Stanley is in talks to possibly pay about $500 million to settle a probe by New York’s Attorney General Eric Schneiderman into whether the firm misled investors in mortgage bonds that cratered during the financial crisis.
  
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• Housing advocates say FHFA g-fee adjustment not enough

  20-04-2015 22:47
  
  A housing advocacy group says that the adjustments the FHFA is making to the fees it charges lenders on loans guaranteed by the GSEs doesn't go nearly far enough.
  
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• Loan officer indicted for six counts of mortgage fraud

  20-04-2015 22:36
  
  A mortgage loan officer in California was indicted by a federal grand jury on six counts of bank fraud relating to a mortgage fraud scheme wherein he allegedly submitted false and fraudulent loan applications to lenders.
  
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• Danny Meyer really wishes he'd bought Union Square Cafe real estate - New York Daily News

  20-04-2015 22:14
  New York Daily News
  Danny Meyer really wishes he'd bought Union Square Cafe real estate
  New York Daily News
  Restaurateur Danny Meyer has a clear message for pioneering New York City restaurateurs, following news that his famed Union Square Café will vacate its longtime E. 16th St. home because of rising rents: If you have the opportunity, you should buy, buy ...
  
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• New real estate brokerage formed in Hasbrouck Heights - NorthJersey.com

  20-04-2015 22:02
  
  New real estate brokerage formed in Hasbrouck Heights
  NorthJersey.com
  Two former executives at the commercial real estate company Marcus & Millichap have formed their own real estate brokerage and advisory firm, based in Hasbrouck Heights. Thomas McConnell and Kevin McCrann have formed Redwood Realty Advisors, ...and more »
  
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• Six indicted in international, multimillion-dollar mortgage fraud scheme

  20-04-2015 22:02
  
  Six individuals in Florida and Brazil, including a mortgage banker, were indicted in an international, multimillion-dollar mortgage fraud scheme.
  
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• About Real Estate: Here's what buyers should expect when seeking a mortgage - Bellingham Herald

  20-04-2015 21:30
  About Real Estate: Here's what buyers should expect when seeking a mortgage
  Bellingham Herald
  Question: We are planning to begin shopping for our first home in a month or two. What kind of financial paperwork will a lender need in order to approve our loan application? Answer: Requirements vary from one bank to the next. If you know which ...
  
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• Business owner Jack Demetree had a love for real estate, family - Jacksonville Business Journal

  20-04-2015 21:13
  
  Jacksonville Business Journal
  Business owner Jack Demetree had a love for real estate, family
  Jacksonville Business Journal
  Jack Charles Demetree, a prominent businessman and founder of Demetree Enterprises Inc., died at his home on April 15 at the age of 87. Demetree, who was born in Tallahassee on Oct. 2, 1927, grew up around the development business and always had a ...
  
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• Fannie Mae integrates Collateral Underwriter with Desktop Underwriter

  20-04-2015 20:25
  
  Collateral Underwriter continues to take shape. In the latest update, Fannie Mae announced it integrated Collateral Underwriter with Desktop Underwriter and EarlyCheck in order to help lenders more effectively manage risk and underwrite stronger loans.
  
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• SunTrust earnings rise in first quarter

  20-04-2015 20:03
  
  Suntrust experienced a good start to the year, with its first-quarter profit rising thanks to growth in noninterest income. SunTrust posted a fourth-quarter net income of $378 million, or $0.72 per average common diluted share, which included a $145 million mortgage-related legal provision.
  
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• 3 things to look for in a real estate crowdfunding platform - Inman.com

  20-04-2015 20:00
  
  Crowdfunding Beat
  3 things to look for in a real estate crowdfunding platform
  Inman.com
  Whether it's tracking steps for a workout or booking a flight online, we're all aware that technology has connected us more than ever. However, the “Information Age” has changed a lot more than our fitness routines and travel plans — it has ...
  Venture Capital Investments: Making Equity Real Estate Crowdfunding Credible ...Crowdfunding Beat
  Acquire Real Estate Debuts Crowdfund ToolGlobeSt.com
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• Is this any way to run a mortgage market?

  20-04-2015 20:00
  
  In spite of their Achilles heel status in the U.S. housing market, the GSEs have been intentionally left vulnerable to the slightest hiccup in either the market or their financial performance and/or the most insignificant miscalculation in their hedging strategy.
  
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• Has the mortgage market turned a corner?

  20-04-2015 18:33
  
  The mortgage market has been as weak as the jobs market and the economy as a whole so far this year. Is it ready to turn a corner, or will it miss and continue right off the road?
  
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• Douglas Wells Joins Broe Real Estate Group as CEO - Insurance News Net

  20-04-2015 18:06
  Douglas Wells Joins Broe Real Estate Group as CEO
  Insurance News Net
  DENVER --(BUSINESS WIRE)-- Broe Real Estate Group , a leading investor and manager of commercial real estate across the US, today announced that Douglas Wells is joining the company as CEO, effective immediately. In his new role, Wells leads all ...and more »
  
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• Auction.com: Flipping momentum grows in first quarter

  20-04-2015 17:56
  
  The flipping trend seen throughout the fourth quarter of 2014 is still going strong – and building momentum in nearly every market surveyed. That’s what Auction.com is finding.
  
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• Private mortgage insurers see gains as FHFA PMIERS, g-fee changes sink in

  20-04-2015 16:29
  
  Mortgage insurers took a hit late last week after the FHFA announced its PMIERS and g-fee adjustments. Now that the Street has absorbed the changes, a couple are big gainers. Here's what's happening now.
  
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• My Turn: Commercial real estate bill hurts buyers - Concord Monitor

  20-04-2015 16:02
  
  My Turn: Commercial real estate bill hurts buyers
  Concord Monitor
  There are many policy issues that consume our elected officials today, but considerable attention is paid to identifying ways to lessen the burden on businesses in order to spur economic growth in our state. Indeed, legislators are currently ...
  
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• Five real estate myths that snag buyers and sellers - Washington Post (blog)

  20-04-2015 15:05
  
  Five real estate myths that snag buyers and sellers
  Washington Post (blog)
  Marshall Park is a real estate broker at Redfin in Virginia who writes an occasional column on the local real estate market. When you buy or sell a home, you're likely to get lots of unsolicited advice from well-meaning friends and family. And a ...
  
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• Fannie Mae: First quarter a bust but annual growth forecast holds

  20-04-2015 14:57
  
  Economic activity was suppressed in the first-quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentumfor the rest of the year. Here's why Fannie Mae thinks so, anyway.
  
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• Fannie Mae economist: Economic momentum will boost housing markets

  20-04-2015 14:57
  
  Economic activity was suppressed in the first quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentumfor the rest of the year. Here's why Fannie Mae thinks so, anyway.
  
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• Nashville real estate investors make East Nashville buy - Nashville Business Journal (blog)

  20-04-2015 14:15
  
  Nashville Business Journal (blog)
  Nashville real estate investors make East Nashville buy
  Nashville Business Journal (blog)
  Nashville-based real estate investors Corner Partnership LLC have paid $1.3 million for a site in East Nashville's Inglewood area. The Tennessean reports that the 0.66-acre site includes a retail center with tenants such as the Fond Object record store ...
  
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• Jones Lang Lasalle Offers Investors The Real Deal In Commercial Real Estate ... - Seeking Alpha

  20-04-2015 13:50
  
  Nasdaq
  Jones Lang Lasalle Offers Investors The Real Deal In Commercial Real Estate ...
  Seeking Alpha
  Disclosure: The author is long JLL. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is ...
  Jones Lang Lasalle Offers The Real Deal In Commercial Real Estate ServicesNasdaqall 4 news articles »
  
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• The man behind Blackstone's real estate behemoth - Sarasota Herald-Tribune

  20-04-2015 13:33
  The man behind Blackstone's real estate behemoth
  Sarasota Herald-Tribune
  Jonathan D. Gray joined the Blackstone Group private-equity firm as a 22-year-old analyst in 1992. He is now chief of its lucrative real estate division. COURTESY PHOTO VIA NEW YORK TIMES. By LANDON THOMAS Jr., The New York Times ...and more »
  
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• Mother/Daughter Real Estate Team - ithaca.com

  20-04-2015 13:15
  ithaca.com
  Mother/Daughter Real Estate Team
  ithaca.com
  Mothers and daughters don't always see eye to eye. Working with family members can be stressful at times, to make an understatement, and that makes the collaboration of Ithaca real estate agents Susan Lustick and her daughter Lindsay Lustick Garner ...
  
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• Johnson Properties owner reflects on three decades in local commercial real ... - Belleville News Democrat

  20-04-2015 13:11
  Belleville News Democrat
  Johnson Properties owner reflects on three decades in local commercial real ...
  Belleville News Democrat
  Outlook: “After 30 years of doing this, I still love going to work every day and putting deals together.” Terry Johnson loves when a deal comes together. This month marks Johnson's 30th year of orchestrating commercial real estate sales in the metro-east.
  
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• This Spring's Hottest Real Estate Markets - Money

  20-04-2015 12:10
  
  Money
  This Spring's Hottest Real Estate Markets
  Money
  Housing inventory remains tight, and one of the questions on the minds of many homebuyers this spring is just how fast they will have to move to get the home they want and can afford. More. Un-Believable? Kim 'Climbs' N. Korea's Highest Peak NBC ...and more »
  
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• How the nature of real estate in Mexico is changing - Inman.com

  20-04-2015 12:06
  
  How the nature of real estate in Mexico is changing
  Inman.com
  It is estimated that Mexico will reach 65 million Internet users this year. This is having a significant effect on the local real estate market. According to Lamudi's own research, 82 percent of consumers now use the Internet in their real estate ...
  
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• Is Google about to bury your real estate website? - Inman.com

  20-04-2015 10:04
  
  Is Google about to bury your real estate website?
  Inman.com
  Realtors spend millions of dollars every year for their websites and online marketing. On April 21, 2015, Google will begin using “mobile friendliness” as part of its algorithm for determining search results. If your website is not mobile-friendly, you ...and more »
  
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• Prologis, Norway Buy KTR Real Estate for $5.9 Billion - Bloomberg

  20-04-2015 09:17
  
  Bloomberg
  Prologis, Norway Buy KTR Real Estate for $5.9 Billion
  Bloomberg
  Hamid Moghadam, chairman and chief executive officer of Prologis Inc., speaks during a Bloomberg West Television Interview in San Francisco, on March 28, 2013. Photographer: David Paul Morris/Bloomberg ...
  Prologis, Norway acquire KTR Real Estate for $5.9BThe Real Deal South Florida (press release) (registration) (blog)
  Prologis (PLD) to Acquire KTR Capital's Real Estate Portfolio in $5.9B DealStreetInsider.com
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• Retail top commercial real estate sector - Albuquerque Journal

  20-04-2015 08:20
  
  Albuquerque Journal
  Retail top commercial real estate sector
  Albuquerque Journal
  Plano, Texas-based At Home opened an 88,000-square-foot store at Market Center Crossing shopping center in March, shown here, making it the biggest commercial real estate move in the first quarter. (Greg Sorber/Journal). year – good for retail, a lull ...
  
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• Real estate transactions: April 20, 2015 - Bradenton Herald

  20-04-2015 06:39
  Real estate transactions: April 20, 2015
  Bradenton Herald
  $3,716,600 Bradenton Radiation Associates LLC to Hc 6555 Cortez LLC, Cortez and Sixty Sixth Commercial, O.R. Book 02563 Page 5421, April 8. $3,500,000 Church on the Rock of Manatee County Inc to Palmetto Charter School Inc, Pt 15-34-17, O.R. Book ...
  
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• Monday Morning Cup of Coffee: FHFA g-fee, PMI shift too much or too little?

  20-04-2015 06:01
  
  Things are looking rough for housing with a sluggish start to the spring buying season, and that trickles all the way up to the outlook for agency MBS. Plus, Move takes off the gloves in its ads, and the industry reacts to recent FHFA moves. Read on.
  
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• Peninsula real estate taxes won't bring sticker shock this year - Daily Press

  20-04-2015 01:04
  
  Peninsula real estate taxes won't bring sticker shock this year
  Daily Press
  Real estate taxes are the biggie for local government – so how bad is the hit? When it comes to local budget-writing, real estate taxes are the 800-pound gorilla in the room. On the Peninsula, somewhere between 45 cents and 63 cents of every dollar ...and more »
  
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