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businesswire | December 09, 2020
Ridge Real Estate Partners LP ("Dune"), a main New York-based land venture firm, today reported the proceeded with extension of its group. To additional expand upon its extending presence in the western district, two experienced venture experts were included the Los Angeles office. Ridge has been effectively putting resources into the western area since 2007, and proceeding to expand on this solid speculation movement, on November 18, 2020, Dune shut on the procurement o...
Real Estate Investment
CIM Group | September 23, 2021
CIM Real Estate Finance Trust, Inc. announced it has entered into a definitive merger agreement to acquire CIM Income NAV, Inc. in a stock-for-stock, tax-free merger transaction. CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC (“CIM”). The pro forma combined company would have approximately $6.0 billion in total enterprise value, creating a leading commercial credit-focused real estate investment trust (REIT) with greater tenant, industry, an...
HousingWire | January 28, 2020
Churchill Mortgage just had its best year ever, with more than $2.2 billion in mortgage originations in 2019, and now, the company is completely overhauling its mortgage process. Churchill, which provides conventional, Federal Housing Administration, Department of Veterans Affairs and Department of Agriculture mortgages in 46 states, announced Tuesday that it is partnering with Infosys to “re-engineer its processes to dynamically change the way (the lender) does business in a significant w...
FULECAP | June 17, 2020
Toronto-based company, FULECap, has recently made its debut into the Canadian real estate marketplace by innovating a virtually unlimited and rapidly-available Refundable Deposit Financing (RDF) for commercial real estate buyers. The RDF program provides commercial real estate buyers with short-term deposit capital during the Due Diligence (DD) period, typically the 30 to 90-day cycle before the deal is considered firm. Each deposit loan is held in the vendor’s lawyer’s trust account...
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