The board of directors of Jones Lang LaSalle Inc. has announced the resignation of Christopher A. Peacock from the board and as the company's president and chief executive officer.Board chairman Stuart L. Scott will assume the role of interim CEO until a global search produces a permanent replacement, the company said. Jones Lang said it had accepted the resignation "with regret" and that Mr. Peacock had resigned to spend more time with his family. He served as chairman and CEO of Jones Lang LaSalle from 1999 to 2002, and as CEO of LaSalle Partners from 1990 until its merger with Jones Lang Wootton in 1999, the company said. He will continue to serve Jones Lang LaSalle on a consulting basis. The company, an international property services firm headquartered in Chicago, London, and Singapore, can be found online at http://www.joneslanglasalle.com.
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Hale Capital Management purchased Voxtur Analytics after a tumultuous past few years that included financial struggles, and rebranded it as Apex Analytics.
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The real estate investment trust said it needed more time for shareholders to vote in favor of the transaction, following speculation it was in trouble.
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Trump's mortgage deregulation order drew cautious praise from lenders but alarm from consumer groups, who warn it could recreate pre-2008 financial crisis conditions.
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A coalition of Democratic attorneys general, led by California and Illinois, have sued the Department of Housing and Urban Development over a guidance that they argue will scale back enforcement to strict federal standards and threaten state funding to enforce fair housing laws.
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The deregulatory executive order, which pairs with another targeting small players' home loan rules, impacts the FHFA, HUD and other agencies.
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The smaller business owned by asset manager EJF Capital reported servicing 5,351 home loans with an unpaid balance of $1.18 billion in 2024.
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