California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an... Read more »
In a fiercely competitive market, mortgage originators need to rethink everything to gain market share and become savvy. From leveraging the latest in artificial intelligence (AI) and digital marketing to mastering financial... Read more »
Marcus & Millichap Capital Corporation (MMCC) arranged $96,025,000 for the refinancing of three multi-tenant retail centers located in North Hollywood, Bakersfield, and Ventura. Zack Metzner, Daizy Gomez and Linsey Farrahi, based out... Read more »
Urban Stearns and Forbix have secured a $17.5 million loan to begin converting a 12-story office building in San Pedro into more than 200 homes. The Culver City- and Calabasas-based investors secured... Read more »
BH3 Management and F2 Capital have provided a $17.5-million bridge loan for Forbix and Urban Stearns’ conversion of Topaz Tower, a 12-story, 294,000 square-foot office building located in San Pedro. The developers have received entitlements... Read more »
Starwood Capital and Artisan Ventures are on the brink of losing a 257,000-square-foot office building in El Segundo, The Real Deal has learned. The firms have defaulted on an $84.8 million loan... Read more »
Better.com announced Thursday that it’s launching fully digital U.S. Department of Veteran Affairs (VA) loans through its Tinman platform. The product, which has no minimum down payment requirement, is expected to reach about 10% of... Read more »
Legado Companies has secured a $128 million loan to build a 270-unit apartment complex in Santa Ana. The Beverly Hills developer led by Edward Czuker received the loan to build the six-story... Read more »
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles. Located at 1947 Sawtelle Blvd. in West LA’s Japantown neighborhood, the four-story,... Read more »
The Colliers Structured Finance Group (SFG) has closed a $27,765,000 Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property in Bellflower. The loan is priced at 5.5% for five... Read more »