Realty Biz

JANUARY 27, 2022

Commercial real estate sales in the U.S. The report said commercial property sales hit a record-breaking $809 billion last year, almost double that of 2020’s total sales. Commercial real estate has posted a dramatic recovery ever since the beginning of the pandemic. Multifamily sales totaled $335.3

Commercial 94

Commercial Sales Investor Equity 94

Realty Biz

NOVEMBER 3, 2021

The commercial real estate sector was initially left reeling in the early days of the coronavirus pandemic as businesses shut up shop and vacated their offices. But now, it’s rapidly bouncing back, with investors snapping up record amounts of commercial real estate during the third quarter. commercial property this year.

Commercial 96

Commercial Sales Investor Industrial 96

Housing Wire

MAY 21, 2024

In March , Planet hired Matt Kingsborough as regional sales manager to drive the company’s expansion plans in the western U.S. Planet Home Lending is an originator, correspondent lender , servicer and subservicer of agency and nonagency residential and commercial mortgages.

Lending 335

Lending Technology Residential Commercial 335

Housing Wire

JANUARY 21, 2021

Notarize has tapped Larry D’Angelo as its first president and chief commercial officer, the company announced on Thursday. Before joining Notarize, D’Angelo served as LogMeIn’ s go-to-market chief sales officer, where he led a team of over 1,200 people and helped build the company into a $1.3 billion revenue business.

Commercial 244

Commercial Equity Industrial Closing 244

Propmodo

OCTOBER 31, 2023

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill. So, how has the industry adapted to this systemic shock?

Lending 113

Lending Commercial Banks Construction 113

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Some states are “limited disclosure,” meaning sales information may be submitted to the local assessor but not made available to the public.

MLS 413

MLS Inspection Development Sales 413

Housing Wire

APRIL 17, 2024

High mortgage rates, fewer mortgage applications and fewer home sales are unfortunately not the only effects housing professionals could see from a more prolonged high-rate environment. Some experts forecasted as many as six rate cuts in the year based on this news. Some even expect rate hikes before rate cuts.

Mortgages 458

Mortgages Fixed-rate mortgage Banks Residential 458

Realty Biz

FEBRUARY 22, 2022

Your commercial real estate website exists for two reasons – first, it’s there to portray your brand’s image, and second, it’s supposed to help your grow your business. You need a professional commercial real estate web design. Go for a clean design. Create trust.

Commercial 88

Commercial Sales Branding Design 88

First Team Real Estate

DECEMBER 6, 2021

Bruce Kallen , commercial broker and office manager for First Team Real Estate in the High Desert, recently closed escrow on two large commercial transactions in the same week, for a total of $9.6 million in gross sales volume. million commercial building in the Victor Valley. The local $1.6

Commercial 98

Commercial Closing Sales Residential 98

Housing Wire

FEBRUARY 20, 2024

Once again CoStar Group delivered exceptional results in our commercial information and marketplace businesses for the full year 2023, while at the same time devoting major time and resources towards launching the new Homes.com,” Andy Florance, founder and CEO of CoStar Group, said in a statement. billion for the year ending Dec.

Commercial 333

Commercial Residential Branding Sales 333

Housing Wire

APRIL 29, 2024

Sean Murphy is eXp’s new senior vice president of commercial growth, while Nadia Habib was promoted to the role of senior vice president to oversee growth in Canada. The firm’s $143.578 billion in sales volume earned it the No. 3 spot in the rankings. million in 2022.

Commercial 355

Commercial Brokerage Agents Industrial 355

Housing Wire

APRIL 29, 2024

Despite the overall drop, the number of commercial orders rose slightly from 25,600 last year to 25,800 this year. During Q1 2024 , First American recorded a total of $1.4 billion in revenue, down 1% year over year and a net income of $46.7 million, up from $45.9 million recorded year ago. million, down from $88.2 million, marking an 86.4%

Title 362

Title Purchase and sale agreement Commercial Investor 362

Housing Wire

MAY 15, 2024

The sale is expected to close in the third quarter of 2024. In January 2024, the bank suffered a confidence crisis after reporting a net loss in the last quarter of 2023 due to a provision for loan losses of $552 million, mainly impacted by its exposure to commercial real estate loans. The bank was followed by Flagstar, with $11.8

Loans 376

Loans Mortgages Due diligence Banks 376

Housing Wire

JANUARY 10, 2024

Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development. Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive.

Banks 399

Banks Mortgages Lending Loan Officer 399

Realty Biz

JANUARY 11, 2024

The two dimensions of the real estate world, residential and commercial, have significant differences, and any aspiring agent needs to know what it all is about before biting off more than they can chew. It can be crucial to know in advance if you can do both commercial and residential real estate.

Commercial 48

Commercial Residential Agents Brokerage 48

RIS Media

SEPTEMBER 28, 2021

“C5 is the nation’s top gathering of commercial real estate and economic development professionals,” said NAR President Charlie Oppler in a statement. “Commercial real estate plays a vital role in stimulating the economy and revitalizing communities. One area suffers, however. Boise, Idaho. Provo, Utah.

Commercial 100

Commercial Marketing Property Management Development 100

Housing Wire

FEBRUARY 21, 2024

A small but growing sector Cushman & Wakefield notes build-to-rent homes have become “increasingly attractive to the investment community,” with sales of build-to-rent communities reaching $3 billion in 2022. Sales were half that in 2023, but the commercial real estate brokerage notes that $1.5

Investor 437

Investor Construction Commercial Sales 437

Keeping Current Matters

DECEMBER 7, 2020

Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes : “Working from home is a positive factor in demand for vacation homes.”. The post How Remote Work Can Power Your Vacation Home Sale appeared first on Keeping Current Matters. Bottom Line.

Sales 238

Sales Commercial As-is Marketing 238

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

Due diligence 356

Due diligence Marketing Mortgages New Construction 356

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Meanwhile, a customer relationship management system, along with experts in marketing, sales and other areas, are designed to support these teams, he said. “If

Brokerage 347

Brokerage Title MLS Commercial 347

Real Trends

MARCH 7, 2022

Commercial real estate is regarded as one of the most reliable performers providing stability, consistency and a profitable market. However, the pandemic has brought on a slew of challenges resulting in volatility in the commercial real estate market. The Global Commercial Real Estate Services (CBRE) offered a 2022 U.S.

Commercial 89

Commercial Investor Industrial Technology 89

Housing Wire

AUGUST 2, 2023

In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday. In addition to the brokerage, Owen also owns a property management company, an escrow firm, a commercial real estate arm and a design-and-construction firm.

Brokerage 368

Brokerage Commercial Property Management Branding 368

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. After the earnings report, NYCB stock shrunk 60%, from $10.38 30 to $4.20 Total liquidity was $37.3

Mortgages 372

Mortgages Banks Marketing Commercial 372

Housing Wire

MARCH 6, 2024

The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. Analysts at Keefe, Bruyette and Woods (KBW) estimate a mortgage servicing rights sale (MSR) could improve the bank’s CET1 ratio by 10 to 15 bp basis points. The leadership is also changing.

Equity 313

Equity Mortgages Banks Commercial 313

Realty Biz

SEPTEMBER 14, 2022

Unfortunately, commercial real estate is rarely this simple. If you’re new to commercial real estate investing, it’s important to know about the capital stack. In general, this may shield an investor from losses in the event of a sale or liquidation because they’re receiving their returns at a quicker rate.

Equity 93

Equity Commercial Investor Finance 93

First Team Real Estate

JULY 28, 2020

HESPERIA, CA – Commercial broker and manager of the First Team Real Estate High Desert offices, Bruce Kallen recently closed escrow on two significant commercial transactions totaling over $8 million in closed sale volume. million, and a $1.45 million 7-11 anchored strip center in the Victor Valley. million, and a $1.45

Commercial 98

Commercial Closing Sales Residential 98

RIS Media

JULY 8, 2021

” According to Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni, the added jobs should benefit the pace of homebuilding; however, “insufficient housing inventory levels continue to slow what should be a stronger pace of home sales.” “However, the economy is certainly headed in the right direction.

Commercial 96

Commercial Residential Construction Sales 96

Housing Wire

JANUARY 31, 2023

First Internet Bancorp , parent company of First Internet Bank, announced that the exit will include its nationwide digital direct-to-consumer mortgage platform, which originates residential loans for sale in the secondary market. The residential mortgage loan balance for First Internet was $383.9 million as of December 31, 2022, a 13.7%

Banks 396

Banks Mortgages Lending Commercial 396

Housing Wire

OCTOBER 10, 2023

Coldwell Banker has appointed Jason Waugh as president of Coldwell Banker Affiliates, where he will lead the brand and be responsible for strategy, operations and sales for the Anywhere-owned company’s growing network of franchises. Sales professionals, broker-owners — they have a lot of choices out there.

Branding 414

Branding Commercial Brokerage Residential 414

RIS Media

SEPTEMBER 13, 2020

A global view of the pandemic’s impact on the commercial market. Here, we’ll take a look at three core commercial property sub-sectors and how they might be affected by the recent changes in how we live and work. The pandemic has magnified and accelerated a number of sector trends for the longer term. In the U.S.,

Commercial 124

Commercial Marketing Investor As-is 124

First Team Real Estate

FEBRUARY 9, 2022

Onge Closes Historic Commercial Transaction at $14.7 Onge of First Team’s Hesperia office recently closed a record-breaking sale of a commercial property in Rancho Cucamonga, Ca. Rob represented both the buyers and the sellers totaling the sale of $14.7 Bruce Kallen was voted Best Commercial Agent as well.

Commercial 98

Commercial Closing Agents Land lease 98

Housing Wire

APRIL 7, 2023

trillion in commercial real estate debt will mature, “… by far more than any 5-year period in history.” Musk went on to comment that the rise in defaults among commercial and residential loans could “hammer” banks. An opportunity for commercial real estate investors and developers? history and the ripple effect that followed.

Commercial 352

Commercial Banks Fixed-rate mortgage Residential 352

Housing Wire

SEPTEMBER 15, 2023

The result should be collapsing costs and cycle times, improving quality, reducing repurchase risk and certifying that a loan, and its related assets are “Fit 4 Sale.” Today is the 15th anniversary of the collapse of Lehman Brothers. The requirements of a Digital Housing Platform were well understood long before the crisis.

Commercial 355

Commercial Technology Investor Title 355

RIS Media

JUNE 6, 2021

27-29, the National Association of REALTORS® (NAR) welcomes hundreds of commercial real estate pros to the first-ever C5 Summit in the heart of New York City—the epicenter of commercial real estate. Commercial. The C5 Summit is the ultimate commercial real estate event, and business-to-business at its best.

Commercial 101

Commercial Investor Development Property Management 101

Realty Biz

DECEMBER 15, 2021

On the other hand, commercial agents are primarily interested in properties that will provide a return on investment for their customers. A typical commercial agent will specialize in negotiating properties like office buildings, residential complexes, and retail stores, to name a few. Different property types.

Commercial 89

Commercial Residential Agents Brokerage 89

Housing Wire

MAY 10, 2024

The commercial real estate giant confirmed that its “Residential Network” does include the 17 sites referenced by Eales and Realtor.com. In his remarks, Eales took issue with CoStar’s claims that Homes.com has surpassed Realtor.com as the second most-trafficked home search site, according to Inman , which first reported on Eales’ remarks.

Residential 279

Residential MLS Investor Commercial 279

Housing Wire

JANUARY 22, 2024

The board at DKMC, which has separate businesses in the property management and commercial finance spaces, among others, wants to exit the residential mortgage business, the sources told HousingWire. A lengthy call between NAF executives and DKMC sales staff took place on Thursday. DKMC), multiple sources told HousingWire.

Mortgages 332

Mortgages Loan Officer Residential Loans 332