Behringer Harvard Multifamily REIT I Inc., a Dallas-based company that intends to qualify as a real estate investment trust, has announced a $2 billion initial public offering. The offering will include the sale of up to 200 million shares of common stock at $10 per share, Behringer Harvard said. The company said it is offering all the shares in a "best efforts" offering through a network of independent financial advisers, and up to 50 million shares through a distribution reinvestment plan at $9.50 per share. The company can be found on the Web at http://www.bhfunds.com.
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Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.
20m ago -
This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.
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Higher mortgage rates and affordability pressure prompts Fitch Rating's revision from 'neutral' to 'deteriorating'
7h ago -
A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
June 15







