Summary: Wells Fargo is selling its non-agency third-party commercial mortgage servicing business to Trimont, which will manage a combined $640 billion in loans in the U.S.
Full articleSummary: Wells Fargo plans to exit the third-party non-agency commercial mortgage servicing business through a sale to Trimont.
Full articleSummary: Wells Fargo is selling its non-agency third-party Commercial Mortgage Servicing business to Trimont, making Trimont the largest servicer of commercial real estate securitized debt in the U.S.
Full articleSummary: Wells Fargo to sell non-agency third-party Commercial Mortgage Servicing business to Trimont, a global commercial real estate loan services provider. The deal, for which no value was disclosed, is expected to close in early 2025.
Full articleSummary: Wells Fargo sells its non-agency third-party Commercial Mortgage Servicing business to Trimont, making Trimont the largest servicer of commercial real estate securitized debt in the United States
Full articleSummary: Wells Fargo is selling its non-agency third-party servicing segment of commercial mortgage servicing business to Trimont, making Trimont the largest loan servicer in the U.S commercial real estate sector.
Full articleSummary: Five REITs have recently received price target hikes from Mizuho analysts, including VICI Properties, Realty Income Corp, Essential Properties Realty Trust Inc, Agree Realty Corporation, and Welltower Inc.
Full articleSummary: BNY Mellon hires a former JP Morgan executive who had spent nearly 12 years at Brown Brothers Harriman.
Full articleSummary: US office buildings face distress due to high interest rates and low demand, resulting in slow loan repayments and historic low payoff rates. US REITs' median discount to NAV increased in April, with regional mall sector valuations declining. Various real estate transactions and exchanges reported during the week. US hotel performance showed decreases in ADR and RevPAR during the week ended April 27.
Full articleSummary: Multiple companies have had their stock target prices adjusted by various analysts, including Jefferies, Bernstein, and Raymond James.
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