Commercial

LRES has announced that Paul Bush has been promoted to its vice president of technology
LRES has announced that Paul Bush has been promoted to its vice president of technology. In this role, Bush will strategize the future direction of LRES’ proprietary technology, as well as implement and maintain its current systems. He is also responsible for driving growth by delivering secure... Keep Reading....
LRES has announced the addition of Mike Bye as vice president of sales
LRES has announced the addition of Mike Bye as vice president of sales where he will be responsible for reporting on all sales activities and establishing and managing client relationships. Bye brings LRES established expertise in complex consultative sales and technology solutions, customer... more
Next year will be a banner time for commercial and multifamily mortgages, according to a new forecast from the Mortgage Bankers Association (MBA)
For the first time since February, the delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) fell, according to new data from Trepp LLC. During August, the CMBS delinquency rate dropped eight basis points (bps) from July to achieve a 4.68 percent level.... more
Are you positioned to diversify your business in the second half of 2016?July 1 marked the halfway point of 2016, making this a great time to reflect on the performance of your business so far. If you’ve noticed a dip in residential closings this year or you’re simply looking to add an additional... more
Efforts to secure financing on what is being planned as the Western Hemisphere’s tallest and most expensive residential tower have been quietly extended
Efforts to secure financing on what is being planned as the Western Hemisphere’s tallest and most expensive residential tower have been quietly extended. According to a Bloomberg report, Extell Development Company has pushed back its deadline for financing of its proposed $3 billion New York... more