Our recent acquisition was the exception: Pacific Western Bank provided us with the capital base to take us to new levels without “bankifying” us, and our business has had 12 straight record-breaking months since. It’s been a tremendous success. Given the likelihood there will be many more acquisitions in the industry’s near future, it seems useful to look back and understand why.
Category: News and Trends
CREF22: As Issuance Rebounds, Securitization Products Adapt
SAN DIEGO–Commercial mortgage-backed securities are evolving as issuance bounces back, analysts said here at the 2022 MBA Commercial/Multifamily Finance Convention and Expo.
Scott Roller: Turning Vendor Management into a Profit Center
Author Robert H. Schuller is credited for the saying, “Tough times never last, but tough people do.” As the historic refinancing boom has ended and flips to a purchase market, lenders need to be thinking it is time to get tough.
MBA Builder Applications Survey Headline HERE
MBA Builder Applications Survey lede sentence HERE.
Star mPower
Entertainer Rita Moreno (l) and MBA COO Marcia Davies field questions during the mPower Luncheon Tuesday at CREF22 in San Diego. Moreno delivered an inspiring message as she discussed her decades-long career in show business.
Supply-Side Constraints Cool Home Builder Sentiment; Most Households Can’t Afford Median-Priced New Home
Despite strong buyer demand, Home builder sentiment continued to slip in February, the National Association of Home Builders reported Wednesday.
Million-Dollar Cities Club Gets 146 New Members
Zillow, Seattle, reported a record 146 U.S. metros became new “million-dollar cities” in 2021, making 481 cities in which the typical home value is at least $1 million.
(Mortgage M&A Trends) Bill Tessar of Civic: When an Acquisition Works—And What Lies Ahead for the Industry
Our recent acquisition was the exception: Pacific Western Bank provided us with the capital base to take us to new levels without “bankifying” us, and our business has had 12 straight record-breaking months since. It’s been a tremendous success. Given the likelihood there will be many more acquisitions in the industry’s near future, it seems useful to look back and understand why.
Dealmaker: Eastern Mortgage Capital Closes $71M
Eastern Mortgage Capital, Boston, closed $44.9 million in construction-to-permanent financing for Kin on Green Apartments, a 108-unit mixed-use property in Philadelphia.
CREF22: As Issuance Rebounds, Securitization Products Adapt
SAN DIEGO–Commercial mortgage-backed securities are evolving as issuance bounces back, analysts said here at the 2022 MBA Commercial/Multifamily Finance Convention and Expo.