Glen Esnard has been named to the newly created position of president of capital markets at Grubb & Ellis Co., a real estate services and investment firm based in Santa Ana, Calif. Mr. Esnard will join Grubb & Ellis effective June 23 and will be responsible for directing its investment brokerage business, including its Institutional Investment Group and Private Capital Investment Group, G&E said. Mr. Esnard was most recently president of brokerage services at Colliers International. He was previously a partner at FORT Properties Inc. and one of five principals responsible for the development of the tenant-in-common firm. Mr. Esnard also spent 23 years at CB Richard Ellis in a variety of brokerage and leaderships roles. G&E can be found online at http://www.grubb-ellis.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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