Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco-based Unison calls its... Read more »
In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits months ahead of the FHFA’s official announcement. On Friday, Rocket Pro TPO and Pennymac both announced... Read more »
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP) Whether it’s refining your business model, mastering... Read more »
Arixa Capital, a private real estate lender and alternative investment manager based in Los Angeles, said Wednesday it had surpassed $4 billion in cumulative loan originations. The company said the milestone underscores the loyalty... Read more »
Developer JMB Realty has secured a $575-million construction loan for 1950 Ave. of the Stars, a 730,000-square-foot office development in Century City, according to published reports. The loan was provided by an... Read more »
JMB Realty has scored funding to build its trophy Century City development, The Real Deal has learned. The Chicago-based investment firm secured a $575 million construction loan for 1950 Avenue of the... Read more »
Washington Prime Group is on the brink of defaulting on an $85 million loan tied to a mall in Orange County. The loan on the 1.2 million-square-foot Westminster Mall, located in the... Read more »
Worthe Real Estate Group, in collaboration with Stockbridge, closed on a $475-million fixed-rate securitized mortgage to finance Second Century, the recently completed 800,000-square-foot office project leased to Warner Bros. in the Burbank Media District.... Read more »
Del Ray Realty secured a $3,000,000 construction loan for a two-unit single-family development project at 1943-1945 Pinehurst Rd. in Los Angeles, with each unit comprising approximately 5,000 square feet. The lender was US... Read more »
XLD Group has hit a snag on a $130 million loan linked to the Los Angeles Airport Marriott hotel next to LAX. The loan to the Pasadena-based unit of Sichuan Xinglida Group... Read more »