real estate

Banks Challenged While Construction Loans Hang Around
Banks Challenged While Construction Loans Hang Around
December 26, 2023  |  Loans

While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. These loans — known as CRE loans — were up...

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Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
December 15, 2023  |  Personnel

Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of...

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Real Estate Companies Explore B2B Cryptocurrency Payments
Real Estate Companies Explore B2B Cryptocurrency Payments
December 15, 2023  |  Cryptocurrency

After a turbulent year for the cryptocurrency industry, the waters have calmed down as banks and investors have recovered their interest in it.  Cryptocurrency still...

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Rental Apps Help Tenants Build Credit as Instant Rent Refunds Gain Popularity
Rental Apps Help Tenants Build Credit as Instant Rent Refunds Gain Popularity
December 14, 2023  |  Real Estate

The convenience of digital payments has extended to the rental market, with tenants increasingly opting for instant rent refunds through digital channels.  According to a...

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Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023  |  Investments

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years
Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years
December 12, 2023  |  Real Estate

Pennsylvania Real Estate Investment Trust (PREIT), a prominent mall owner in the eastern United States, filed for bankruptcy for the second time in three years,...

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Fidelity National Financial ‘All Locked Up’ After Cyberattack
Fidelity National Financial ‘All Locked Up’ After Cyberattack
November 22, 2023  |  Cybersecurity

Fidelity National Financial (FNF) says a recent cyberattack has disrupted its operations. The company, which provides title insurance settlement services to the real estate and mortgage...

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Record-High Share of Americans Have Paid Off Their Homes 
Record-High Share of Americans Have Paid Off Their Homes 
November 17, 2023  |  Real Estate

An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage.  Nearly 40% of homeowners in the...

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