Highridge Partners, Los Angeles, has launched Crestridge Investments, an El Segundo, Calif.-based real estate financing and investment company that will make private placements in operating companies with a "direct or indirect connection" to real estate, including public companies.Crestridge -- which Highridge describes as "the successor" to Haverford Capital, a real estate financing company -- will "pursue a broad strategy from equity participations to investments in operating companies." Crestridge will also provide venture capital in the real estate arena. The company has "a significant pool of capital earmarked for these new categories of proprietary investments," Highridge said. The company will be led by Chris Grey and David Feingold, Crestridge's managing directors, who are launching the firm in association with John Long, the founder of Highridge. Both Mr. Grey and Mr. Feingold are also associated with Highridge.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
9h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
9h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
9h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25