Rithm Capital Launches $250 Million Preferred Stock Offering
Rithm Capital raises $250 million through Series F preferred stock at 8.75%, aimed at supporting investments and corporate objectives following significant acquisitions.
Lower Acquires Acopia Home Loans to Enhance Southeast Presence
Lower has acquired Acopia Home Loans, enhancing its footprint with 14 new branches and 36 originators, bolstering a $425 million annual mortgage volume in the Southeast.
SERHANT. expands into Massachusetts with launch in Boston.
SERHANT. expands its East Coast presence with a new office in Boston, attracting over 15 agents and marking a significant milestone for the firm.
Declining mortgage rates contribute to stable new home sales
New home sales surge to 737,000, reflecting an 18.7% annual increase. Declining mortgage rates near 6% contribute to improved market conditions for private lenders.
Mid-Atlantic Home Sales Experience Marginal Increase of 0.1%
"Explore the latest insights on buyer demand and market choices as home sales in the Mid-Atlantic show minimal growth, highlighting evolving trends."
Lawmakers propose limitations on private listings in Washington.
Washington lawmakers propose a bill to limit private real estate listings, focusing on enhanced transparency and improved public access to property information.
Rising Costs of Retirement Comfort Leave Many Financially Unprepared
Survey insights reveal a significant disconnect between retirees' comfort level expectations and their actual financial preparedness, highlighting risks for private lenders.
Max Stokes departs Fox & Stokes to establish a new team in New Jersey.
Stokes is forming a specialist team under his own brand while continuing at Compass, shifting focus from the mega-team model to enhance personalized service.
New Home Sales Rise 18.7% Year-Over-Year
"Amid a federal government shutdown, new home sales show a significant year-over-year increase, highlighting trends valuable for private lenders."
Kansas Legislators Evaluate Proposed Limits on Property Tax Assessments
"Explore the implications of a proposed cap on property tax assessments in Kansas and how it may affect private lenders and real estate investments."