Mortgage Tech Demo Day

In a half-day format, technology companies will demo their platforms and answer questions. You can tune in for the whole demo day, or strategically drop in on sessions to learn about specific solutions.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How non-QM lenders can make the origination process easier for brokers

As a leader in non-QM loans, Angel Oak Mortgage Solutions offers the expertise and technology to make a broker's life easier - not harder.

InvestmentsMortgageReal Estate

Greystar initiates funding for $500 million debt fund

The new fund will focus on acquiring debt issued by GSEs

Greystar Real Estate Partners, a global multifamily company, launched funding for Greystar Partners, a $500 million debt fund focused on acquiring subordinated and securitized debt issued by the government sponsored enterprises, Fannie Mae and Freddie Mac.

“The formation of Greystar Credit Partners is a logical progression for us. Greystar Founder and CEO Bob Faith said in a statement.

“Our principal business is utilizing our global rental housing platform to provide services and invest alongside our partners and clients. We are driven to explore new avenues where we can positively leverage our extensive operating expertise and scale,” he added.

Greystar appointed Managing Director Brett Lashley to oversee Greystar Credit Partners’ investment activity. Lashley has more than 20 years of industry experience and prior to joining Greystar in 2009, he worked was managing director and COO at ORIX Finance. Before that, he was with Bear Stearns & Co. in fixed income sales.

“Our vertically-integrated rental housing platform, together with our intimate knowledge of the origination and underwriting guidelines utilized by the GSEs, positions us well to invest in the most subordinate part of the capital structure,” Lashley said in a statement.

“We’ve been diligent about building a platform that allows us to quickly distill actionable data from very local markets around the country. And we like the risk/return metrics these instruments make available, particularly when our internal data provides the appropriate guidance. We’ll be patient stewards of this capital and look forward to successfully advancing our investment strategy when the right opportunities present themselves.”

Most Popular Articles

Home prices are still rising, but relief for buyers is coming

Domestic home prices increased 2.3% from May to June, and 17.2% year-over-year, per CoreLogic. Twin Falls, Idaho had the highest annual increase at 40.2%.

Aug 03, 2021 By

Latest Articles

More households paid their rent and mortgage in Q2 2021

Fewer than five million households failed to make their rent or mortgage payments in the second quarter of 2021, down from Q1

Aug 04, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please