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Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. The post Xactus Names Danielle Walker SVP, Business Development appeared first on MortgageOrb.

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UWM names Andrew Hubacker its new CFO

Housing Wire

The deal gave the combined company a valuation of $16.1 billion and injected $925 million into UWM to develop new technology and grow the broker channel. It also introduced a product that covers the cost of building a home, converting to a permanent mortgage once construction is complete. million in the third quarter of 2022.

Finance 387
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Biden tax credit to rehab homes is finally unveiled

Housing Wire

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. How hybrid title and valuations help increase lending efficiency. Developers, lenders or local governments could compete for the funds through an application process.

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2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. The larger national bank lenders confirmed they are still active in new construction lending and were able to successfully close several pre-construction loans that were in process when COVID-19 started.

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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

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Opinion: ADU buyers are adjusting to new landscape

Housing Wire

The sharper focus on cost is now boosting interest in modular factory-built ADUs, which tend to be less expensive and faster to build than custom onsite construction. So from the narrow perspective of short-term real estate valuation (that is, excluding potential rental income), you’re looking at 1.5x or better ROI in those markets.

Buyers 363
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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Supply and Demand Dynamics: We are coming off of a construction boom where record numbers of units were built in the aftermath of the pandemic and are delivering now and in the coming months. As developers deliver units, they will be motivated to fill up their buildings, even if it means cutting rents in order to do so.

Investors 195