New York University has appointed Lawrence Longua to be director of the NYU REIT Center, a forum for the study and analysis of publicly traded real estate investment trusts within NYU's Real Estate Institute.Mr. Longua is an associate professor in NYU's graduate real estate program as well as the senior managing director of Multi Capital Group, a real estate investment company based in New York. He is also a principal of Canopy Development, a Massachusetts-based developer of resort properties domestically and in the Caribbean. He is also a co-founder and principal of UrbAnalysis, a real estate research firm. Mr. Longua has more than 35 years of experience in commercial real estate, having held senior positions in the real estate units of Chemical Bank, Irving Trust Co., Bankers Trust Co., and the Mitsubishi Trust and Banking Corp. He was a director of Acadia Realty Trust.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
2h ago -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
6h ago -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
9h ago -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
10h ago -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
11h ago -
The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24