Real estate brokerage Newmark Group sets terms for $615 million IPO

Real estate brokerage Newmark Group sets terms for $615 million IPO

Newmark Group, a commercial real estate brokerage and advisory firm backed by BGC Partners, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $615 million by offering 30 million shares at a price range of $19 to $22. At the midpoint of the proposed range,
See Original Article

7th Circ. Won't Rehear Fannie, Freddie's Chicago Tax Row

Won't Rehear Fannie, Freddie's Chicago Tax Row … local transfer taxes levied against mortgage backers Fannie Mae and Freddie Mac to go forward,
See Original Article

We Oppose S2155, Senate Banking Bill Is Not A Consumer Protection Bill

Tomorrow the Senate Banking Committee will begin and likely complete a markup vote of S2155, the Economic Growth, Regulatory Relief and
See Original Article

Home prices continue to climb in Lynn

As of Monday, there were only 23 condos available for sale, priced from $119,900 to $600,000, according to the MLS Property Information Network, the … Thomas Grillo Thomas Grillo is an award-winning business reporter who has worked at Boston's major newspapers covering real estate trends such
See Original Article

EDITORIAL: Credit market weakening

First of all, bank lending growth has mostly been hovering below 10 percent over the past three years. We need a well-functioning credit system to
See Original Article

Interest-only lending plummets for new loans

APRA's September Quarterly ADI Property Exposures data released today shows interest-only loans have fallen to 16.91 per cent of new lending,
See Original Article

Paytm Payments Bank commits Rs3,000 crore for offline banking network

Renu Satti, MD and CEO of Paytm Payments Bank. Paytm Payments Bank on Monday launched 3,000 'Paytm ka ATM' outlets in Delhi NCR, Lucknow,
See Original Article

How selling air rights could save a tiny heritage home in Vancouver's real estate boom

Over the years in Canada's most expensive real estate market, far too many homes have been razed as land values skyrocket, Mr. Scott said. On Vancouver's west side, where the Erickson property is, everything from tear-downs to heritage homes command high prices because of the land value.
See Original Article

Retirement Systems of Alabama Grows Position in First American Corporation (The) (NYSE:FAF)

World Asset Management Inc raised its stake in First American by 0.8% … The Company operates through the title insurance and services segment,
See Original Article

Investors Title Company (ITIC) Breaks into New 52-Week High on December 04 Session

Shares of Investors Title Company (ITIC) broke into a new 52-week high yesterday, hitting a peak of $203.97. Shares closed at $200.35 after opening
See Original Article

FHFA Releases Resources for GSEs' Single Security, Securitization Platform Implementation

CSP's Release 1 was initiated in December 2016 and allowed Freddie Mac to use the platform to issue its current securities. Release 2 is currently
See Original Article

Orrin Hatch Says Roy Moore Allegations Are From 'Decades Ago'

Utah Senator Orrin Hatch said that President Donald Trump had no choice but to endorse Alabama Senate candidate Roy Moore and described
See Original Article

Interest-only lending plunges amid APRA crackdown, bank rate rises

A regulatory crackdown to limit risky lending has resulted in the share of interest-only loans plunging by nearly half in just three months.
See Original Article

Clash Over Young Immigrants Hangs Over Year-End Budget Talks

The likelihood of a government shutdown before year's end is increasing after Senate negotiations stalled over plans to provide deportation protection
See Original Article

Consumers National Bank to open first full-service Summit County branch in Fairlawn

In addition to housing the bank's Akron Region commercial lenders Mike Benson, Joe McNamee, and Laura Horovitz, the new 2,000 square foot office
See Original Article

Clif Bar retains title sponsorship as CrossVegas becomes RenoCross

Clif's regional marketing manager Melissa Leebove said the company was 'thrilled' to return as the title sponsor. “We're excited that the new venue will
See Original Article

'Safeguard the banking industry'

Bank of Botswana (BoB) Governor, Moses Pelaelo has called on the financial industry professionals to safeguard the credibility of the local banking sector. Emphasising the importance of the sector in the country's economy, the governor said a discredited financial sector could cripple the economy of the
See Original Article

VASCO Data Security International, Inc. (VDSI) Shares Bought by Elk Creek Partners LLC

Elk Creek Partners LLC grew its holdings in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,320,536 shares of the technology company's stock after buying an additional 44,167 shares
See Original Article

RoCo marks 40 years with Members Show, lights mortgage on fire

Rochester Contemporary Art Center this weekend will celebrate 40 years in operation with its 27th Annual Members Exhibition, opening Friday, December 1, 6 p.m. to 9 p.m., and with a Mortgage Burning Bash to be held on Saturday, December 2. The organization began as Pyramid Arts Center in 1977
See Original Article

Prevu Partners on Podcast Focused on How Technology Is Transforming the Real Estate Industry

1, 2017 /PRNewswire-iReach/ — Prevu, the real estate technology company on a … The podcasts are hosted by Thomas Kutzman, real estate & financial … trends in shared housing, how venture capital firms approach investment in
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.