SLS Investments, Beverly Hills, Calif., has announced the formation of a Real Estate Investment Banking Group and an International Real Estate Advisory and Consulting Group.Bryan Shaffer, president and managing partner of SLS Investments, said the new groups were formed in response to queries from several institutions and pension funds seeking more information about global real estate markets. "Our new groups will enable our clients to access very specialized equity and debt financing as well as having direct access to our international expertise and contacts," he said. The company can be found online at http://www.slsinvestments.com.
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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.
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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.
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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.
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The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
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The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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