GLP Capital Snags East Bay Warehouse for M

GLP Capital Snags East Bay Warehouse for $75M

GLP Capital Partners purchased a 330,000-square-foot warehouse at 3129 Corporate Pl. in Hayward from New York-based Clarion Partners, the San Francisco Business Times reported Tuesday. The sale price appears to be $75... Read more »
Hackman Capital Revises Vision for LA’s Television City

Hackman Capital Revises Vision for LA’s Television City

Hackman Capital Partners has scaled back plans for its $1.25 billion redevelopment of Television City in L.A.’s Fairfax District. The Culver City-based property investor was expected to file revised plans to update... Read more »
Judge allows bulk of Texas Capital case against Ginnie Mae to proceed

Judge allows bulk of Texas Capital case against Ginnie Mae to proceed

The federal judge overseeing a case brought by Texas Capital Bank (TCB) against Ginnie Mae has dismissed a portion of the bank’s complaint against the government-owned company but will allow the majority... Read more »
GLP Capital Snags East Bay Warehouse for M

Cambia Capital Announces Initial Close of Fund with $20M in AUM

Cambia Capital, a Seattle-based real estate investment firm focused on eco-friendly and sustainable real estate projects, announced the initial close of its Douglas Fir Fund with $20 million of initial investment. The... Read more »
Judge allows bulk of Texas Capital case against Ginnie Mae to proceed

Clear Capital extends its partnership with Cherre

Clear Capital, a real estate valuation technology company, has broadened its collaboration with data management platform Cherre, the companies announced on Wednesday. Under the expanded partnership, Cherre’s customers will gain access to... Read more »
GLP Capital Snags East Bay Warehouse for M

Arriba Capital Funds Loan for Florida Beachfront Hotel

Arriba Capital has arranged financing for a $35.75-million ground-up construction loan for an oceanfront Residence Inn by Marriott property in Ormond Beach, FL. The property is being developed by Contender Development. Arriba’s Ryan Bosch... Read more »
Judge allows bulk of Texas Capital case against Ginnie Mae to proceed

MSR sale could improve NYCB capital ratio by up to 15bps: KBW

Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights (MSR) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). ... Read more »
OC Homes of AB Capital Owners Raided by FBI

OC Homes of AB Capital Owners Raided by FBI

FBI agents swooped into the homes of two AB Capital executives in Newport Beach and Laguna Beach to find evidence of an alleged Ponzi scheme that cost investors tens of millions of... Read more »
Pretium Partners inks deal with Hunter Point Capital

Pretium Partners inks deal with Hunter Point Capital

Pretium Partners, one of the nation’s largest investors in nonagency residential mortgages, announced the signing Tuesday of a strategic partnership with Hunter Point Capital (HPC) that is designed to support Pretium’s long-term... Read more »
Here’s how to reduce your capital gains tax bill after selling a home

Here’s how to reduce your capital gains tax bill after selling a home

Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season,... Read more »