Browsing Tag

real estate

Santa Cruz County Bank Declares Quarterly Cash Dividend Payment to Shareholders and Change to…

Joshua L. Khan Mar 16, 2022

SANTA CRUZ, Calif., March 15, 2022 /PRNewswire/ -- Santa Cruz County Bank www.sccountybank.com (OTCQX:SCZC)with assets greater than $1.7 billionis a premier community bank headquartered in Santa Cruz County. Today, the Bank announced…

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Greystone strengthens its CMBS platform with new recruits

Joshua L. Khan Mar 14, 2022

NEW YORK, March 14, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced new senior executive hires on its CMBS platform as it expands to become the a leading provider of driven loans for…

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Direct Lender Payday Loans: No Broker Means Affordable and Faster

Joshua L. Khan Mar 4, 2022

Direct cash loans can be compared to cash advances however there is no broker who acts as a middleman which is why they are "direct".Therefore, this kind of loan is executed and negotiated directly with the lender, which could be a private!-->…

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Resimac records growth in real estate loans despite “aggressive” competition

Joshua L. Khan Feb 27, 2022

The non-bank lender handled record home loan settlements in the six months to December, but competitive pressures in the sector are expected to persist. Resimac reported its results for the first half of fiscal 2022, revealing a 6%…

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Luxembourg modernizes its law on securitization (UPDATE) | Hogan Lovells

Joshua L. Khan Feb 11, 2022

The key changes Loans and financial instruments as new means of financing The previous version of the law on securitization provided that an SV could only finance itself by issuing “securities”. The modernized law on securitization…

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Stonehill PACE has doubled its origins in the past year, surpassing $300 million

Joshua L. Khan Feb 7, 2022

ATLANTA--(BUSINESS WIRE)--Stonehill PACE announced that it has entered into approximately $150 million in Commercial Property Assessed Clean Energy Loans (“C-PACE”) over the past 12 months for renewable energy and energy-efficient…

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Rocket Mortgage Profits Slip In Q3 As It Courted Homebuyers

Joshua L. Khan Nov 5, 2021 0

Rising interest rates have cooled its searing refinancing business, but Rocket Mortgage says it is on track to become the nation's top retail purchase loan originator by 2023 as it focuses on conquering more business with home buyers. The…

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Archwest Capital announces strategic minority investment by Aspida

Joshua L. Khan Oct 25, 2021 0

IRVINE, Calif .-- (COMMERCIAL THREAD) -Capital of Archouest, LLC ("Archwest Capital") today announced the completion of a strategic minority investment by Aspida Holdings, LLC ("Aspida"), an indirect subsidiary of Management company Ares…

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HSBC announces repurchase of $ 2 billion in shares as profits rise

Joshua L. Khan Oct 25, 2021 0

HSBC Holdings PLC announced a $ 2 billion share buyback and an increase in third-quarter net income as the lender faced growing geopolitical and real estate risks in China. The London-based bank earned $ 3.54 billion in the three…

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Westlake launches Cash Now Pay Later

Joshua L. Khan Oct 22, 2021 0

LOS ANGELES--(COMMERCIAL THREAD) - Launch of Westlake Technology Holdings Cash in now Pay later, an exciting new product that provides financial flexibility to its customers by allowing them to borrow money today and repay it at a later…

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Forbright to Launch HUD Lending Platform for Retirement Homes, Assisted Living and Multi-Family…

Joshua L. Khan Oct 22, 2021 0

CHEVY CHASE, Maryland - (COMMERCIAL THREAD) - Forbright Bank, recently renamed Congressional Bank, today announced its intention to launch a new line of business to facilitate federally insured loans to finance retirement homes, assisted…

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X-Caliber Capital Unveils New Company With USDA Lending Platform Called X-Caliber Rural Capital

Joshua L. Khan Oct 21, 2021 0

IRVINGTON, NY - (COMMERCIAL THREAD) -Capital X-Caliber, a direct national commercial real estate lender, today announced the launch of its new company, X-caliber rural capital, a United States Department of Agriculture (USDA)…

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First national mortgage financing review 2021

Joshua L. Khan Oct 21, 2021 0

Editorial independenceWe want to help you make more informed decisions. Certain links on this page - clearly marked - may direct you to a partner website and earn us a referral commission. For more information, see How we make…

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The pros and cons of online mortgage lenders

Joshua L. Khan Oct 21, 2021 0

courtneyk / Getty Images / iStockphoto If you are applying for a mortgage loan, you no longer have to go to a physical bank and meet with a lender to get the loan you need - now you can go through the process entirely online.…

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National direct investor doubles investments in industrial properties

Joshua L. Khan Oct 20, 2021 0

$ 4.0 Million Senior Bridge Loan - Secured by Miami, FL Industrial Assets Posted: October 20, 2021 at 9:47 a.m. EDT MIAMI, 20 October 2021 / PRNewswire / - Bloomfield Capital, a national direct lender and equity investor, has announced!-->…

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Geneva Financial announces higher compliant loan limits

Joshua L. Khan Oct 18, 2021 0

Posted: October 18, 2021 at 5:00 a.m. EDT CHANDLER, Arizona., October 18, 2021 / PRNewswire / - Geneva Financial Home Loans (Geneva) announces that they will now offer higher loan limits for compliant direct lender loans. The direct!-->…

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SBA should not be in the direct lending business

Joshua L. Khan Oct 18, 2021 0

As the pandemic continues to drag on, some parties in Washington are trying to get the Small Business Administration (SBA) into the business of direct lending. This initiative, in my opinion, is a terrible idea. The SBA is a government…