Indianapolis Mayor Greg Ballard is ready to add the former Market Square Arena site to a growing list of downtown redevelopment projects. Unlike past attempts at transforming the vacant site, the city will...
SAN DIEGO, Calif., Jan. 25, 2012 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, has again been...
Two adjacent walk-up apartment buildings at 73 and 75 East 3rd Street, between First and Second Avenues in the East Village have been sold for $15,500,000. In total, the buildings contain 49 one-bedroom...
LOS ANGELES, Calif., Jan. 21, 2012 (SEND2PRESS NEWSWIRE) -- For professional news editors, publishers, and journalists who are seeking original news content, Send2Press - for the week ending January 20, 2012 - issued...
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
PHILADELPHIA -- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., today announced a partnership with LoanSifter, the leading provider of Web-based mortgage product eligibility and pricing engines. Beginning immediately,...
DAMARISCOTTA, Maine -- The First Bancorp (Nasdaq: FNLC), today announced unaudited results for the year ended December 31, 2011. Net income was $12.4 million, up $248,000 or 2.0% from 2010, and earnings per...
NEW YORK -- Fitch Ratings has issued a presale report on FREMF 2012-K705 multifamily mortgage pass-through certificates and Freddie Mac structured pass-through certificates, series K-705. Fitch expects to rate the transaction and assign...
NEW YORK -- AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the "Company") announced today that it is commencing an underwritten public offering of 4,000,000 shares of common stock. MITT expects to grant the...
Hudson Realty Capital LLC funded more than $120 million in new originations and $400 million in loan portfolio acquisitions in the past 12 months. The Manhattan-based company also held the final close of...
NEW YORK -- Fitch Ratings has downgraded 40 bonds in 25 U.S. commercial mortgage-backed securities (CMBS) transactions to 'D', as the bonds have incurred a principal write-down. The bonds were all previously rated...
NEW YORK -- Fitch Ratings has affirmed GEMSA Loan Services' (GEMSA) commercial mortgage-backed securities (CMBS) primary servicer ratings at 'CPS1' and master servicer rating at 'CMS1-'. The primary and master servicer ratings are...
NEW YORK -- Link to Fitch Ratings' Report: JP Morgan Chase Commercial Mortgage Securities Corp., Series 2006-LDP9 -- U.S. CMBS Focus Performance Report http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=666912 Fitch Ratings has published its U.S. CMBS Focus Performance...
NEW YORK -- Fitch Ratings upgrades Holliday Fenoglio Fowler, L.P.'s (HFF) commercial mortgage-backed securities (CMBS) primary servicer rating to 'CPS2' from 'CPS2-'. Additionally, Fitch affirms its special servicer rating of 'CSS3'. HFF's primary...
NEW YORK -- Two Harbors Investment Corp. (NYSE: TWO; NYSE Amex: TWO.WS) today announced the completion of its public offering of 34,000,000 shares of its common stock and issuance of an additional 5,100,000...
Second appointment as independent CRE CDO manager BOSTON & NEW YORK & WASHINGTON -- CWCapital Investments LLC ("CWCI"), a subsidiary of CW Financial Services LLC ("CWFS"), and a leading real estate debt and...
NEW YORK -- Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to eight classes of mortgage pass-through certificates from Sequoia Mortgage Trust (SEMT) 2012-1, a jumbo prime RMBS transaction. The transaction is secured...
NEW YORK -- Link to Fitch Ratings' Report: U.S Homebuilding/Construction: The Chalk Line Winter 2011/2012 http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=663649 With positive economic and construction data currently outweighing negative statistics to start 2012, it appears the groundwork...