Capmark Investments, a unit of bankrupt commercial real estate lender ""Capmark Financial"":http://www.capmark.com has itself filed for Chapter 11 bankruptcy protection. The company's investment arm, which manages approximately $1.7 billion in...
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BlackRock Buys Commercial Real Estate Firm Helix
Investment manager ""BlackRock, Inc."":http://www.blackrock.com said Tuesday that it has acquired ""substantially all of the assets"" of Charlotte, North Carolina-based ""Helix Financial Group"":http://www.helixfinancial.com, a boutique[IMAGE]commercial real estate firm that offers advisory...
Read More »REDC Sees Success in Foreclosure Auctions
...Estate Disposition Corporation"":http://www.auction.com/ (REDC), a real estate auction company based in Irvine, California, says sales are better than ever. [IMAGE] This past weekend, REDC auctioned 1,222 foreclosures in 47 different...
Read More »Kennedy Wilson Auction Group Names New Executive
In a recent announcement, ""Kennedy Wilson Auction Group"":http://www.bidkw.com/, a division of the international real estate services and investment firm ""Kennedy Wilson"":http://www.kennedywilson.com/, said Joel LaPinta will join the group's rapidly growing...
Read More »Andrew J. Sossen Joins Starwood Property Trust
In an announcement today, ""Starwood Property Trust"":http://www.starwoodpropertytrust.com/phoenix.zhtml?c=231310&p=irol-index, a commercial real estate finance company based in Greenwich, Connecticut, said Andrew J. Sossen joined the company on January 14 as EVP, general...
Read More »Bank of America Paces Release of Shadow Inventory in Nevada
...""National Association of Hispanic Real Estate Professionals"":http://nahrepconnect.org, John Ciresi, VP and portfolio manager for Bank of America in Towson, Maryland, explained just how ""clogged"" the pipeline has become. Throughout the...
Read More »IndiSoft Taps Industry Veteran for SVP
...be a part of its successful widespread implementation. My plan is to transform many of my contacts in real estate, private equity funds and banks into RxOffice customers."" Headquartered in...
Read More »New EVP, CFO Appointed at Level One Bank
...be responsible for all treasury, accounting, finance, investments, asset/liability management, information technology, real estate, and bank security matters. [IMAGE] [COLUMN_BREAK] ""We are extremely pleased to have a person of David's...
Read More »Over 100 Foreclosed Homes to be Auctioned in Arizona and Nevada
The real estate market is swimming with foreclosures in states like Arizona and Nevada, and banks are aggressively discounting these properties at auctions to move them off the books. As...
Read More »HUD Moves to Speed REO Sales
...quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities, HUD explained in a statement. ""As a result of the tightened credit market, FHA-insured mortgage...
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