Newcastle to Buy Excess Mortgage Servicing Rights
NEW YORK CITY-Newcastle Investment Corp. has agreed to acquire a one-third interest in excess mortgage servicing rights on approximately $215 billion of unpaid principal loans from Nationstar Mortgage Holdings Inc.
The 1950s saw the birth of the shopping mall across the nation, yet the era of destination retail stores, especially clothing stores, has been on a…
This past weekend I visited Minneapolis and experienced the stark differences between a withering downtown retail center and a boomtown retail experience.…
DALLAS—A FelCor spokeswoman says the REIT is reviewing Ashford Hospitality Trust’s proposal. Separately, AHT has also named a new CEO.
OAKVILLE, ONT.—The owner of Burger King and Tim Hortons is adding a quick service chicken concept to its portfolio of more than 20,000 locations globally.