Private money lender Civic Financial Services has surpassed $4 billion in loan originations since the company was founded six years ago. This is the third major milestone the company has reached in the last three years. It surpassed $3 billion in lifetime funding in October 2019. In June 2018, the company announced it had securitized $190 million in investor property loans. At the time of the announcement, it was the
Read MoreMiami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, has closed on two high-end retail properties in Florida for $15.5 million at St. Armands Circle, one of Florida’s most iconic shopping and dining destinations. It is also Sarasota’s No. 1 tourist destination. Limestone Asset Management invests in and acquires real estate properties across all asset classes throughout North America. Ocean Bank, the largest independent state chartered
Read MoreAuction firm Williams & Williams is set to auction several surplus real estate properties for energy midstream company Archrock Services on Sept. 29. Listings include warehouse, office space and land parcels. Additionally, the vacant residence in New Castle, Pennsylvania, will sell in an online-only auction at AuctionNetwork.com on Sept. 28-30. These auctions are being offered in conjunction with commercial broker JLL. The commercial properties include three land lots and two light industrial
Read MoreToorak Capital Partners has hired Kevin Tatro as head of asset management and reporting and Stephen J. Tyde Jr. as head of special servicing. Tatro brings more than 30 years of experience in asset management and commercial real estate debt to Toorak. Most recently he served as principal and head of asset management at Woodbridge Investments. He’s also held leadership positions atMacquarie Group, Doral Group,Landesbank Baden-Württemberg and J.P. Morgan Investment
Read MoreNational Land Realty (NLR) and LandGate (LG) have announced a strategic partnership to expand services, data intelligence and marketing capabilities within the land industry. The combination of LandGate’s data intelligence and NLR’s network of agents will create a major marketplace for all land transactions, with the largest number of listings from farmers, ranchers and landowners. The platform will provide an estimated value for every parcel of land, including multiple resource
Read MoreOne of the country’s largest mortgage service providers, Mr. Cooper, has transitioned itsportfolio to CoreLogic’s DigitalTax Platform. The move is designed to provide Mr. Cooper’s customers with best-in-class digital, data-driven solutions. “Mr. Cooper is known for its innovation and operational excellence, and we are honored to have been selected as the company’s partner,” said Frank Martell, president and CEO of CoreLogic. “Our goal is to help Mr. Cooper streamline critical
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