Private Lenders Remodel the Mortgage Market

The Wall Street Journal May 11, 2016 By Kirsten Grind TARZANA, Calif.— Mike Klemens, 81 years old, is a bridge player, real-estate investor and part of a new generation of private lenders helping reshape the American home-mortgage market. From his ranch-style house in the hills above the San Fernando Valley, he services home loans financed from his […]

How is Miami Dealing with Airbnb’s growth?

The Real Deal May 5, 2016 By Katherine Kallergis TRD Special Report: This is the first in a series of stories examining Airbnb’s impact on Miami’s real estate market. For $85 a night, you can rent a room in North Beach, about five blocks from Collins Avenue. For $149 a night, you get a modern, one-bedroom apartment with […]

News Release: FinCEN Takes Aim at Real Estate Secrecy in Manhattan and Miami

January 13, 2016 FinCEN Takes Aim at Real Estate Secrecy in Manhattan and Miami “Geographic Targeting Orders” Require Identification for High–End Cash Buyers WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. title insurance companies to identify the natural persons behind companies used to […]

All Aboard’s MiamiCentral station steaming ahead

The Real Deal 10/28/15 By Ina Cordle, Katherine Kallergis and Sean Stewart-Muniz All Aboard Florida’s MiamiCentral station’s construction is ongoing, as the mammoth project speeds toward completion in mid-2017, executives told The Real Deal. During a recent private tour and meeting with All Aboard, executives unveiled construction details of the MiamiCentral station — which will have an as-yet-unnamed grocery […]