CMAs staying relevant with agents, despite AI growth
Peter Hale has been promoted from his role as Afin Bank’s head of finance to deputy CFO, a year after joining the lender. When Hale first joined Afin Bank, he was part of the team that helped to launch the bank in July. His new role will require him to develop and deliver its…
During the CFTC Innovation Advisory Committee meeting today, there was an interesting exchange between CME Group CEO Terry Duffy and CFTC Chairman Mike Selig. Duffy expressed his support for the crypto industry, something they have participated in since 2017, as well as artificial intelligence, utilized correctly, but worried about prediction markets and listings that are…
Housebuilder Berkeley has added its voice to the calls for stamp duty reform, with suggestions for targeted support for new-build buyers. In its trading update, the firm said “urgent reform” to stamp duty was needed for the government to meet its target of 300,000 new homes per year. Berkeley said the current stamp duty…
The owners of a fully leased research and development and office campus in Thousand Oaks, Calif., have secured bridge financing after spending two years repositioning the asset. Los Angeles-based Alta West Partners closed the three-year, floating-rate loan of $49.8 million from Forbright Bank. JLL Capital Markets announced the financing Tuesday after representing the sponsor. SEE…
The proposed Choice-led Shared Ownership model could support up to 30,000 new homes a year, according to analysis in a new white paper. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content! …
President Trump has resumed social media posts backing housing advocacy, one of which is an online video promoting the “Great American Mortgage Corporations” branding for two government-sponsored enterprises. Processing Content The two promotional videos in the posts renew pledges that Freddie Mac, Fannie Mae, or institutions like them will lower rates, boost purchase applications and…