Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
RealPage CEO Steve Winn says the addition of On-Site Manager Inc. will “significantly improve the integration of our leasing solutions into major property management systems.”
The $171 in debt from two major life insurers will help further the strategic initiatives of Westwood Financial's $1.2-billion rollup in September 2016.
For the second quarter, “commercial/multifamily mortgage bankers' originations increased despite a slowdown in the volume of sales transactions," says Jamie Woodwell at the Mortgage Bankers Association.
Ten-X CEO Tim Morse says the investment by Thomas H. Lee Partners will allow us to reach our full potential and help us build on our leading position in the online real estate market.”
Most new apartment builds are class A, while most post-crisis multifamily securitizations are backed by workforce collateral, says Kroll Bond Rating Agency.
A Hudson's Bay spokeswoman tells GlobeSt.com that the owner of the Saks Fifth Avenue brand welcomes more dialogue with Jonathan Litt's Land and Buildings Investment Management.