Michael A. Ernst has been named executive vice president of finance of Harvard Property Trust LLC and for both Behringer Advisors LLC (the adviser for Behringer Harvard REIT I Inc.) and HPT Management Services LP (the property manager for the REIT). Mr. Ernst was most recently executive vice president and chief financial officer of UDR Inc., a publicly traded real estate investment trust. Before joining UDR, Mr. Ernst was executive vice president and CFO of Prentiss Properties Trust. Behringer Harvard, an Addison, Texas-based commercial real estate company, can be found on the Web at http://www.behringerharvard.com.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










