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White House, federal agencies urge more commercial-to-residential property conversions

Housing Wire

Department of Housing and Urban Development (HUD) announced today the launch of a new inter-agency initiative to encourage more property conversions of commercial buildings into residential units. HUD also released a new edition of its “ Evidence Matters ” publication dedicated to commercial-to-residential conversions.

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FOA agrees to sell commercial lending business to Roc Capital

Housing Wire

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The terms of the deal do not include the FOA commercial vertical’s financial assets, which are comprised of loans and securitizations, according to the 8K filing.

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Applications Open for NAR’s 2024 Commercial REACH Program

RIS Media

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has opened applications for the 2024 REACH Commercial technology growth program. Led by managing partner Bob Gillespie, the REACH Commercial program is in its sixth year of operation.

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Commercial deals offer a new post-Sitzer compensation model

Inman

commercial commissions are negotiated. Want to get paid? Start studying up on how U.S. That's where the residential side of real estate is headed, four experts argued at Inman Connect New York.

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WATCH: What commercial deals teach us about buyer commissions

Inman

commercial real estate commissions could show the way forward for residential buyer commissions. Joe Rath from Redfin, Russ Cofano of Collabra Technology, Ed Zorn from CRMLS and moderator James Dwiggins discuss how at Inman Connect New York.

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Report: Commercial Real Estate Exposures Could Lead to Bank Failures in Pockets of the U.S.

RIS Media

A plunge in demand surrounding office spaces may negatively influence the commercial market, resulting in bank failures in pockets of the nation, an assessment made recently by Ken H. Johnson, a real estate economist in FAU’s College of Business, and Rebel A. appeared first on RISMedia.

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How some commercial brokerages are beating the current market

Inman

Despite struggles in the commercial space dating from the beginning of COVID, some commercial brokerages have found a way to thrive, writes Atman Real Estate CEO Victoria Kennedy. Here's what they're doing.