A partnership sponsored by Robert M. Bass has announced the formation of Oak Hill REIT Management LLC in conjunction with Jon Fosheim and John Herold, who have been named chief executive officer and chief operating officer, respectively, of the new firm.The firm will trade the capital of its sponsors and operating principals in various investment strategies. Mr. Fosheim and Mr. Herold were most recently associated with Green Street Advisors Inc., a research and consulting firm focused on publicly traded real estate securities. Mr. Fosheim was co-founder and co-CEO of Green Street, and Mr. Herold was its senior analyst responsible for strip retail and manufactured housing real estate investment trusts.
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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









