Chris Matthews has been named executive vice president of real estate at The Broe Cos., Denver, and will run its day-to-day operations.Mr. Matthews was formerly managing director of Nippon Property Management Inc., a subsidiary of GMAC Commercial Mortgage Japan. Broe said he has more than 20 years of experience in the property and asset management industry, including 10 years with Equitable Real Estate. Broe, which invests in commercial real estate, can be found online at http://www.broe.com.
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Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
1h ago -
Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
5h ago -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2









