Realm Group and the Bascom Group had their sights set on a 37-story residential tower in Downtown L.A., slated to be one of the tallest apartment buildings in the market. But the... Read more »
Gantry secured a $28.5-million construction-to-permanent loan for the re-development of an existing office building 100% pre-leased by the GSA as a new facility for the Executive Office of Immigration Review, a subsidiary... Read more »
Optimal Blue’s newly launched mobile app for the Optimal Blue PPE – one of the industry’s most widely used product, pricing and eligibility engine – gives loan officers full product and search... Read more »
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer. “This is a... Read more »
There’s no higher honor than serving in the United States Military, which I deeply understand as a former Army sergeant. And, like many of my fellow service members, I’ve experienced firsthand the... Read more »
It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers... Read more »
Jamison Properties’ loan on an office complex in Encino has been sent to special servicing, after the landlord disclosed it would need more time to figure out a way to refinance it,... Read more »
The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has increased from $726,200 to $766,550, an increase of $40,350 or 5.56% from... Read more »
WS Communities, the apartment landlord founded by Neil Shekhter, has defaulted on a loan from Hankey Capital tied to a parcel in Santa Monica, The Real Deal has learned. The firm is... Read more »