Ed Fritsch, president and chief operating officer of Highwoods Properties Inc., Raleigh, N.C., has been elected to succeed Ron Gibson as chief executive officer of the real estate investment trust.Mr. Gibson, a founder of Highwoods, plans to retire as CEO on June 30, but will continue to serve on the company's board of directors. Highwoods also announced that Mike Harris, senior regional vice president, will assume the post of executive vice president and COO when the succession takes effect on June 30. The REIT can be found on the Web at http://www.highwoods.com.
-
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









