NYC expands finance pool for office-to-residential makeovers

New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Energy program, known as C-PACE. Embodied carbon refers to emissions locked into a building’s […]

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Stewart Title expands Mid-Atlantic footprint

Stewart Title has acquired Lawyers Signature Settlements (LSS), a Frederick, Maryland-based title agency, expanding its presence in the Mid-Atlantic region. Founded nearly 15 years ago, LSS provides residential and commercial title services across Maryland, Virginia, West Virginia and Pennsylvania. “LSS has become one of the most trusted agents in the Frederick market and has earned

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After setbacks, UWM lands a massive check from Oaktree

United Wholesale Mortgage (UWM) president and CEO Mat Ishbia is pitching the lender’s $2.05 billion capital raise with Oaktree Capital Management and his family as a long-term strategic partnership to support the company’s growth. But the high cost of the structure and dilution are weighing on investors, alongside the fact that it follows several setbacks

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