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....
California’s Oakland East Bay area was named the world’s top market for annual office rental growth in the second quarter, according to JLL's latest Global Office Index
California’s Oakland East Bay area was named the world’s top market for annual office rental growth in the second quarter, according to JLL's latest Global Office Index. Oakland East Bay saw a 35.4 percent year-over-year expansion in its office rental market, a good distance ahead of second place... more
In what might become a new political trend, another New York real estate executive is seeking elected office as a Republican candidate
In what might become a new political trend, another New York real estate executive is seeking elected office as a Republican candidate. According to a New York Times report, Paul J. Massey Jr. has announced that he will seek the GOP nomination in next year’s election for mayor of New York City.... more
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced the addition of Eldon Lewis to the company’s sales representative team
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced the addition of Eldon Lewis to the company’s sales representative team. “Eldon is an experienced mortgage professional within the Bayview family who contributed to Silver Hill’s success in the past. We are excited to have... more
The delinquency rate for commercial mortgage-backed securities (CMBS) increased 16 basis points (bps) to 4.76 percent in July
The delinquency rate for commercial mortgage-backed securities (CMBS) increased 16 basis points (bps) to 4.76 percent in July, according to new data from Trepp LLC. July was the fifth consecutive months that the CMBS delinquency rate grew higher, although it is 66 bps lower than a year ago and 41... more