GE Real Estate, Norwalk, Conn., has named Michael Rowan president of its Americas Equity unit, which sources and manages global investments in office, multifamily, industrial, retail, and parking asset classes. Mr. Rowan has been managing director of GERE's United Kingdom region, where he increased assets for both debt and equity from about $2 billion to more than $8 billion, according to the company. In his new position, he will be responsible for leading all GERE's equity investing operations, which include venture investments, direct investments, the Arden and InterPark operating platforms, its Canadian and Mexican equity investment portfolios, and emerging markets equity investing in South America.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
8h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
10h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
11h ago -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
11h ago -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11 -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
August 11









