Laura Trop has been named managing director and head of commercial real estate lending at Deutsche Bank's U.S. Private Wealth Management business.Ms. Trop will be charged with expanding PWM's structured lending business to real estate developers and entrepreneurs, and with "strategically aligning" PWM's commercial real estate business within Deutsche Bank's Global Banking Division, the bank said. She was most recently a director in the Commercial Real Estate Group at Citigroup's Private Bank. Ms. Trop was previously a founder and a partner of Foray Capital, a real estate consulting firm. Deutsche Bank can be found online at http://www.db.com.
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The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
22m ago -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
1h ago -
First Mortgage Co., a long-defunct lender led by convicted executive Ron McCord, blamed the advisory firm for his failure to accept a $20 million offer.
7h ago -
About two-thirds of respondents to a NewDay survey said their education about the benefit was lacking either during their time in the service or afterwards.
April 20 -
Banks are pushing back on the Consumer Financial Protection Bureau's draft of a five-year strategic plan, which includes a notable pullback from supervising nonbanks.
April 20 -
Over half of all second-home inventory in the U.S. is concentrated in just eight states, with Florida leading the pack, according to analysis by NAHB.
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