Citigroup

Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
Duane Morris signs $17M lease at Citigroup Center in downtown Miami

Duane Morris signs $17M lease at Citigroup Center in downtown Miami

Duane Morris LLP is moving into the penthouse office suite at the Citigroup Center in downtown Miami. The law...

Duane Morris signs $17M lease at Citigroup Center in downtown Miami
White House attorneys investigating whether loans to Kushner Companies violated law: report

White House attorneys investigating whether loans to Kushner Companies violated law: report

White House attorneys are determining whether $509 million worth of loans received by Kushner Companies violated federal ethics regulations or laws, according to a...

White House attorneys investigating whether loans to Kushner Companies violated law: report
Citigroup to sell US mortgage servicing division

Citigroup to sell US mortgage servicing division

From the New York website: Citigroup is leaving the mortgage servicing business amid declining revenues and stricter regulations. The...

Citigroup to sell US mortgage servicing division
Citi lends $28M to Hilton Garden Inn, Holiday Inn Express

Citi lends $28M to Hilton Garden Inn, Holiday Inn Express

Citigroup Global Markets Realty Corp. granted mortgages to two limited-service hotels in South Florida recently: a Hilton Garden Inn...

Citi lends $28M to Hilton Garden Inn, Holiday Inn Express
The Eden Roc Hotel, built in 1955.

Citigroup, Cantor lend $190M to Eden Roc owners

The owners of the Eden Roc Hotel got a $190 million loan from Cantor Commercial Real Estate and Citigroup...

Citigroup, Cantor lend $190M to Eden Roc owners
Angelo Bianco of Crocker Partners

Citi renews 125K sf lease at Miami Center

Citigroup has renewed its 15-year lease as the anchor tenant of Miami Center, a 34-story office tower in downtown Miami. ...

Citi renews 125K sf lease at Miami Center
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Morgans refinances Delano South Beach

Morgans Hotel Group has completed a $100 million refinancing of a credit facility secured by the popular Delano South Beach hotel. The transaction was part of a $450 million refinancing that includes the New...

Morgans refinances Delano South Beach
BofA bulldozing unsalable properties

BofA bulldozing unsalable properties

As part of a new national strategy to deal with foreclosed and abandoned houses it can’t sell, Bank of America will donate 100 foreclosed houses in the Cleveland area for demolition in partnership with...

BofA bulldozing unsalable properties
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Zillow raises $69M in public offering

Shares of real estate listings website Zillow.com have opened on the NASDAQ at $60 per share, technology blog TechCrunch.com reported, giving the company a $1.6 billion valuation. Zillow priced its initial public offering at...

Zillow raises $69M in public offering
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