Christopher T. Kelly has been named director and head of real estate in the structured finance group of CapitalSource Finance LLC, a specialized commercial finance company based in Chevy Chase, Md.Mr. Kelly has more than 17 years' experience in commercial real estate finance, CapitalSource said. He was a founding member in 1999 of CDC Mortgage Capital, where he has served as a managing director chiefly responsible for originating senior and mezzanine large-capitalization loans. He was previously a vice president and senior originator with Lehman Brothers when it was the market's most active originator of CRE whole loans and mortgage-backed securities, CapitalSource said. The company can be found online at http://www.capitalsource.com.
-
The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
Just now -
Companies are coming up with offerings to meet certain unmet needs in the market, while others are running promotions in order to get some sectors moving again.
4h ago -
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
4h ago -
The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank's rate setting committee meeting.
September 15 -
While equity still sits near historic highs, price growth moderation led to shrinkage of the total amount available and a rise in underwater mortgages.
September 15 -
Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.
September 15