Two landlords say they overcame pandemic, but lender begs to differ
By Suzannah Cavanaugh | September 08, 2022 07:00AM
Two and a half years later, Covid is still spitting out real estate casualties. The latest are Brooklyn-based investor...
Two landlords say they overcame pandemic, but lender begs to differ
National
Bank OZK loan originations reach highest level since 2017
By Keith Larsen | October 22, 2021 03:30PM
Bank OZK, one of New York and Miami’s most active construction lenders, saw loan originations reach their highest levels...
Bank OZK loan originations reach highest level since 2017
National
Valley National acquiring Bank Leumi USA for $1.1B
TRD Staff | September 23, 2021 11:47AM
Valley National Bank is making its second major acquisition in the last three months, this time agreeing to acquire...
Valley National acquiring Bank Leumi USA for $1.1B
National
Wells Fargo hit with $250M fine, new restrictions over mortgage lending practices
By Keith Larsen | September 10, 2021 02:00PM
Wells Fargo can’t seem to escape its troubles with regulators. A federal oversight body hit the banking giant with...
Wells Fargo hit with $250M fine, new restrictions over mortgage lending practices
Community banks looking to lend but New York landlords aren’t in borrowing mode
By Keith Larsen | August 09, 2021 08:30AM
Regional and community banks have a unique problem: Money to lend and not enough borrowers. It’s a far cry...
Community banks looking to lend but New York landlords aren’t in borrowing mode
Major FiDi landlord resigns as bank chairman after stock windfall
TRD Staff | June 15, 2021 12:45PM
A low-profile downtown landlord who owns multiple prominent commercial buildings in the Financial District has resigned from his role...
Major FiDi landlord resigns as bank chairman after stock windfall
National
Banks required balloon payments, stayed mum on foreclosure moratorium
By Georgia Kromrei | September 22, 2020 08:00AM
Big banks led some consumers into financially risky mortgage agreements instead of offering the full relief program touted by...
Banks required balloon payments, stayed mum on foreclosure moratorium
National
Black-led banks combine, focused on multifamily housing
TRD Staff | August 27, 2020 04:45PM
Two banks have merged to form the country’s largest Black-led lender. The combination of Broadway Federal Bank in Los...
Black-led banks combine, focused on multifamily housing