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Month: January 2023

Valley National Bancorp (NASDAQ:VLY) Given New .00 Price Target at Morgan Stanley
Banking

Valley National Bancorp (NASDAQ:VLY) Given New $13.00 Price Target at Morgan Stanley

January 28, 2023 Caroline Vega

Valley National Bancorp (NASDAQ:VLY – Get Rating) had its price objective dropped by research analysts at Morgan Stanley from $14.00 to $13.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has […]

One Market Plaza Tops List of Maturing Loans to Watch
Commercial Loans

One Market Plaza Tops List of Maturing Loans to Watch

January 24, 2023 Caroline Vega

San Francisco’s One Market Plaza tops the list of maturing office loans to watch this year, according to Trepp. One Market Plaza comprises nearly 1.6 million square feet and is home to tenants like Google, […]

How do I tell the difference between a business and consumer mortgage?
Financing

How do I tell the difference between a business and consumer mortgage?

January 20, 2023 Caroline Vega

Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a […]

CITIZENS BANK & TRUST WELCOMES NEW PRESIDENT/CEO
Commercial Lending Update

CITIZENS BANK & TRUST WELCOMES NEW PRESIDENT/CEO

January 17, 2023 Caroline Vega

Adam Johnston Citizens Bank & Trust Company announced this month the transition ofleadership to President/CEO, Adam Johnston. Johnston has assumed this role, bringing over 15years of community banking industry experience with a healthy educational foundation […]

Minibubbles in US banking are popping with costs in the billions | Insights
Commercial Lending Update

Minibubbles in US banking are popping with costs in the billions | Insights

January 13, 2023 Caroline Vega

As the number of lenders getting stung kept climbing in recent years, some industry stalwarts grew flummoxed by the willingness of so many bankers to eschew longstanding tenets against taking concentrated risks from a single […]

#BCAwards2023 | Sponsor Spotlight: Groundsure
Commercial Lending Update

#BCAwards2023 | Sponsor Spotlight: Groundsure

January 9, 2023 Caroline Vega

The third edition of the British Conveyancing Awards is just around the corner. Alongside a new, larger venue and a new headline sponsor in Groundsure, #BCAwards2023 is all about recognising and rewarding the herculean efforts […]

Bankers brace for slower loan growth as 2023 kicks off
Commercial Lending Update

Bankers brace for slower loan growth as 2023 kicks off

January 5, 2023 Caroline Vega

As the specter of recession intensifies amid rising interest rates, bankers and analysts widely expect loan growth to slow in the year ahead. Fourth-quarter earnings reports due this month are expected to show early signs […]

Cavco Industries Announces the Completion of the Acquisition of Manufactured Home Builder and Retailer, Solitaire Homes
Commercial Lending Update

Cavco Industries Announces the Completion of the Acquisition of Manufactured Home Builder and Retailer, Solitaire Homes

January 3, 2023 Caroline Vega

Cavco Industries, Inc. PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) is pleased to confirm that, further to the announcement on October 27, 2022, the Company completed […]

Broker triumphs in the Big Apple
Commercial Lending Update

Broker triumphs in the Big Apple

January 3, 2023 Caroline Vega

  It was a heady time to start working in the industry, just as the subprime mortgage meltdown began to crumble – threatening the entire American economy in the process. “That’s kind of when I […]

Newmark Arranges 5.8 Million Acquisition and Redevelopment Financing for US’ Largest Ever Office-to-Residential Conversion
Commercial Lending Update

Newmark Arranges $535.8 Million Acquisition and Redevelopment Financing for US’ Largest Ever Office-to-Residential Conversion

January 3, 2023 Caroline Vega

  NEW YORK, Dec. 22, 2022 /PRNewswire/ — Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate (“GFP”), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water […]

  • FOR LEASE: Northampton Professional Office
  • Commercial Price Slump Is One of the Worst Drops in a Half-Century
  • Plantation FL Excess Land Sale
  • FOR LEASE: Prime Northampton Retail
  • The Inspection Period In A Land Development Contract: What It Is And Why It Matters
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  • FOR LEASE: Northampton Professional Office
  • Commercial Price Slump Is One of the Worst Drops in a Half-Century
  • Plantation FL Excess Land Sale
  • FOR LEASE: Prime Northampton Retail
  • The Inspection Period In A Land Development Contract: What It Is And Why It Matters
  • Why Tenant Retention Should Be a Top Priority
  • Huntington, Live Oak to invest in, deploy gen AI-based lending
  • Why Tenant Retention Should Be a Top Priority
  • Kayne Anderson BDC Invests in SG Credit Partners
  • FOR LEASE: Northampton Professional Office

    FOR LEASE: Northampton Professional Office

    August 24, 2025
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  • Dayton to invest M in ‘first floor’ small businesses

    Dayton to invest $7M in ‘first floor’ small businesses

    October 4, 2022
      DAYTON, Ohio — The City of Dayton is using $7 million in pandemic recovery funds to help entrepreneurs start or expand restaurants, salons and other street-level small businesses in neighborhood commercial areas. What You [...]
  • First Bank expands commercial lending capabilities (updated)

    First Bank expands commercial lending capabilities (updated)

    October 4, 2022
      First Bank is offering new options for commercial lending, the community bank announced Sept. 28, with the addition of servicing for private equity funds. The Hamilton-based institution said it offers capital call lines of [...]
  • FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources

    FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources

    October 4, 2022
      Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. According to [...]
  • No Picture

    Citizens renews partnership with Feeding America to fight hunger

    October 4, 2022
      For the fifth consecutive year, Citizens has joined forces with Feeding America®, the nation’s largest domestic hunger-relief organization, contributing more than $1 million as a Leadership-level partner to further broaden and deepen its efforts [...]
  • Bob Knakal Marks 40 Years of Excellence in NYC Commercial Real Estate

    July 26, 2024
    Bob Knakal celebrates 40 years in NYC commercial real estate, having brokered 2,339 property sales totaling over $22 billion. Commercial Lending News features an exclusive interview discussing his career achievements, innovative approaches, and future outlook. [...]
  • Comerica expects muted loan growth in 2025, posts Q4 profit

    January 22, 2025
    Loan growth at Comerica could be relatively muted throughout 2025, with gains being potentially offset by the ongoing paydown of commercial real estate loans, executives said Wednesday. The Dallas-based parent company of Comerica Bank expects [...]
  • Ashkenazy, Brookfield’s Distressed SF Building Loses 40% of Value

    May 9, 2024
    A new appraisal on Brookfield Properties and Ashkenazy Acquisition’s distressed One Union Square building in San Francisco shows a 40 percent drop in value — and that may not include the imminent departure of one [...]
  • Brighten appoints new head of commercial lending

    October 10, 2024
    The non-bank has announced a new appointment as part of its continued expansion into the commercial space. Brighten has announced the appointment of Ben McKell as head of commercial lending, a newly created role that [...]
  • Meet the players tied to the big mortgage mess – Magazine

    July 2, 2025
    A commercial mortgage fraud scandal is getting big and ugly. Fannie Mae, Freddie Mac, the Federal Housing Finance Agency and other government agencies have been investigating suspect deals for the past few years, but their [...]
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