Meridian Capital Group LLC, one of the nation's largest commercial real estate mortgage brokerage firms, has hired industry veteran Marty Lanigan as senior managing director of origination and strategic initiatives. Among his duties, Lanigan will be responsible for overseeing the firm's origination efforts nationally. He will report to company president and CEO Ralph Herzka. During his career Lanigan has worked at Prudential Mortgage Capital Co., and GMAC Commercial Mortgage, among other firms. In 2001, he founded Mezz Cap, which eventually grew into a mid-market commercial mezzanine lender. The New York-based Meridian was founded by Herzka in 1991. To date it has placed more than $100 billion in commercial real estate debt.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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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.
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Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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