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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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What Real Due Diligence Looks Like On Commercial Assets

Bigger Pockets

Due diligence is essential to all real estate transactions, but commercial properties, in particular, are extra tricky. Here's what you need to know.

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Guild in M&A talks with Bayview Asset Management

Housing Wire

In a statement, Guild said the initiative came from Bayview, and preliminary discussions on a broader commercial relationship and potential corporate transaction are in progress. Any transaction would be subject to due diligence and board approval, as is standard procedure in cases like this.

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Competition for mortgage underwriters has never been fiercer

Housing Wire

We’ve grown in excess of 100 employees already in two-and-a-half quarters, that’s underwriters,” said John Levonick, CEO of Charlotte-based Canopy , a third-party due-diligence (TPR) firm that started doing business in the second quarter of 2021. And there’s just no way for due-diligence to really compete with that.”.

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Clear Capital extends its partnership with Cherre

Housing Wire

Single-family rental (SFR) investors also rely on AVMs to assess asset portfolios, guide leasing and sale decisions, and ensure thorough due diligence. “We Cherre customers will now have the advantage of utilizing ClearAVM’s nationwide coverage to pinpoint investment opportunities that align with their investment criteria.

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NYCB to sell $5B in mortgage warehouse loans to JPMorgan

Housing Wire

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. 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.

Loans 440
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Judge grants motion to dismiss NEXA Mortgage lawsuit against former president

Housing Wire

Extolling the virtues of notice pleading is fine, but letters of intent on commercial property that ultimately go nowhere are legion,” McCoy wrote.

Mortgages 410