CBRE announced the following individuals have been promoted at its San Francisco office: Sarah Kelley has been promoted to EVP; Shap Roder, promoted to EVP; Scott Nykodym, promoted to EVP; Steve Chaitin, promoted to EVP; Madison Dutra Sarro, promoted to SVP; Sam Stein, promoted to SVP; Reuben Torenberg,... Read more »
Rockefeller Group announced that Greg Noorigian has joined the company as SVP and chief people officer. Based in New York, he leads the company’s human resources department, succeeding Patricia Glorioso following her retirement. Noorigian was... Read more »
Damon Austin will assume the role of chief development officer at Prologis, effective Jan. 1, 2026. He will oversee all global development activities, including the company’s Customer Led Development (CLD) and Data... Read more »
Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the U.S., added Bryan Schultz as principal in the newly established Northern California region. He will spearhead Brennan’s efforts to... Read more »
Mortgage rates fell this week and they are now far from the levels widely discussed after the election. With the final jobs report for 2024, mortgage rates made a nice move lower... Read more »
The seasonal housing inventory peaks and bottoms have happened later than usual in the past few years. Last week, we saw a noticeable decline in both active inventory and new listings, which... Read more »
The Macerich Company announced that Daniel E. Swanstrom II will become CFO effective Nov. 16. Swanstrom previously served as CFO at two public REITs and as an investment banker with Morgan Stanley.... Read more »
In a week expected to mark the close of a divided race for the U.S. presidency, mortgage loan officers are standing by the motto of, “Let’s control what we can control.“ As... Read more »
Imagine getting a lower monthly payment on your mortgage because you decide to refinance. Sounds great, right? This scenario illustrates why mortgage refinance applications are becoming increasingly popular. As homeowners look to... Read more »
Weekly housing inventory data Active inventory still needs to be faster for my taste. My model has active inventory growing at least 11,000-17,000 every week with higher rates. This model was based... Read more »