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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Market wonderment over inflation data and a possible halt to the Iran conflict, resulted in what some trackers found to be sideways week for mortgage rates.
20m ago -
CrossCountry Mortgage, stating its competing bid versus UWM is the "highest premium paid for a mortgage REIT," hinted it could make other moves.
45m ago -
A new deal makes Wells Fargo the preferred lender of homes built by 3D-technology firm Icon, with the bank offering a 50 basis point discount to borrowers.
7h ago -
Housing advocates and compliance firms are suing to block a rule from the Consumer Financial Protection Bureau that they say guts the Equal Credit Opportunity Act.
May 27 -
June could be the true test for delinquencies and how many distressed borrowers impacted by a shift in Federal Housing Administration rules will reperform.
May 27 -
The Federal Reserve Board governor is the latest Fed official to embrace the prospect of tighter monetary policy in response to rapidly rising prices that have taken hold in recent years.
May 27









