Fathom Realty Agrees To Pay .95M To Settle Commission Lawsuit

Fathom Realty Agrees To Pay $2.95M To Settle Commission Lawsuit

The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Whether it’s refining your business model, mastering new... Read more »
Gencom Makes NYC Debut with Deal for Thompson Central Park Hotel

Gencom Makes NYC Debut with Deal for Thompson Central Park Hotel

Miami-based investment firm Gencom acquired the 42-story Thompson Central Park, a 587-key hotel centrally situated on Manhattan’s Billionaires’ Row. At a purchase price reportedly north of $300 million, the deal marks Gencom’s debut... Read more »
Optimus Acquires Hollywood Retail Center in Court-Ordered Sale

Optimus Acquires Hollywood Retail Center in Court-Ordered Sale

Optimus Properties, LLC purchased 5214-5232 W. Sunset Blvd., a 19,904 square-foot retail strip center in Hollywood, situated on a 42,076-square-foot lot, via a court-ordered sale. The center is shadow-anchored by a box retail... Read more »
Gencom Makes NYC Debut with Deal for Thompson Central Park Hotel

Priority Capital Advisory Adds CRE Veteran Katie Rodd

Priority Capital Advisory (PCA), a boutique debt and equity capital advisor headquartered in Century City, has appointed industry veteran Katie Rodd as managing director and head of execution. With more than two decades of commercial real... Read more »

When Is a Tiny House Too Small to Be a Home? – RONDA KAYSEN, New York Times (Subscription)

As the Supreme Court weighs whether cities can criminalize sleeping outdoors or in tents, Los Angeles is attempting to combat homelessness with tiny homes criticized by some as ‘inhumane.’ Source link Read more »
Fed policy is set to change. How will mortgage rates respond?

Fed policy is set to change. How will mortgage rates respond?

Federal Reserve policymakers are expected to lower the benchmark interest rate on Wednesday for the first time in more than four years. But it appears to be anyone’s guess as to how... Read more »
Fed policy is set to change. How will mortgage rates respond?

Carlyle to buy up to $300M of equity sharing home loans from Unison

Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. Carlyle also made a strategic investment into the San Francisco-based... Read more »
Fed policy is set to change. How will mortgage rates respond?

Lone Wolf launches new tools designed to help buyer agents

The role of the buyer’s agent has been turned on its head and Lone Wolf Technologies wants to help. The real estate software company is launching a “Buyer’s Agent Club” that is... Read more »
Fed policy is set to change. How will mortgage rates respond?

To expand housing counseling services, HUD taps Zillow

The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S. Department of Housing and Urban Development (HUD) on Tuesday also... Read more »
Fed policy is set to change. How will mortgage rates respond?

UWM launches BrokerX program to help train new originators

The country’s largest wholesale lender, United Wholesale Mortgage (UWM), has launched a broker training program that will teach individuals to become licensed mortgage originators.  Dubbed “BrokerX,” the five-week program will provide existing... Read more »