Day: April 28, 2022

Notable mortgage industry hires and promotions, April 25-29

LoanDepot announced that founder and chairman Anthony Hsieh has been named as executive chairman of the company, while Frank Martell will join LoanDepot as its new president and CEO, a newly created role within the firm. In addition, Martell also has been appointed to LoanDepot’s board of directors. As executive chairman, Hsieh will guide company […]

The erosion of apartment affordability may be short-lived

Just as the U.S. looks poised to wind down the COVID-19 pandemic in 2022, the country finds itself increasingly mired in a new crisis of inflation and housing affordability. The headline consumer price index rose by 7.9% for the year ending this past February, to which gasoline, shelter and food were the largest contributors. With […]

International Investments: South Korea

Two years into the COVID-19 pandemic, South Korean investors remain a stalwart among foreign-capital sources as they continue to increase the amount of money being invested in the U.S. commercial real estate market. Last year, however, saw a major slowdown in the expansion of investments coming from the East Asian economic dynamo. Focusing much of […]

Victory over climate change remains an elusive goal

One might think that Nora Steurer would be a bit discouraged right now. After all, when the program management officer for the United Nations’ global alliance for buildings and construction recently discussed the organization’s most recent report on global warming, the conclusions weren’t good. The 2021 Global Status Report for Buildings and Construction stated that […]