Investment bank Greenhill & Co. Inc. is building a real estate placement advisory business. The company has hired four managing directors to focus on the effort: Bill Thompson, Fredrik Elwing, Walter Stackler and Pamela Wright. All four previously were senior members of Credit Suisse's real estate private fund group. The new effort's real estate related advisory activities are slated to focus on capital raising for funds, joint ventures and recapitalizations, as well as advice for real estate fund investors seeking to sell interests in the secondary market.
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In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
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The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
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New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
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Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
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The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
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