The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

A real estate professor weighs in on the future of MLSs

According to research done by Sonia Gilbukh, a real estate professor at Baruch College, there are some reasons to be concerned about the current number of real estate agents and the future of MLSs.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

InvestmentsMortgageReal Estate

Real estate firm FCP is ready to invest in Opportunity Zones

An early example of the deluge of capital slated for Opportunity Zones

The floodgates appear to be opening. FCP, a privately held real estate investment company, is ready to dole out capital for projects in or around Opportunity Zones.

This is an early example of what could become an absolute landslide of capital pouring into the Opportunity Zones called for in the Tax Cuts and Jobs Act of 2017.

These zones are meant to spur economic growth in undercapitalized areas around the nation with significant tax incentives offered to investors who deploy and keep their capital working in these zones long-term.

A research bulletin from Yardi indicates that funds slated for Opportunity Zone investment could draw as much as $30 billion in capital over the next few years.

According to its release, FCP will be issuing capital to projects in or adjacent to Opportunity Zones on the East Coast and in Texas, offering bridge capital to option, entitle, buy, renovate and/or build multifamily, commercial or mixed-use real estate in Opportunity Zones within those areas.

FCP also has its eyes on funding bigger projects and will offer credit support, development advisory, mezzanine, preferred equity and long-term capital for deals involving assets upwards of $25 million in value.

"We believe the Opportunity Zone program is a catalytic tax initiative that will drive development and provide a benefit to the greater community," FCP Senior Vice President Jason Ward said in a statement. "We want to provide capital and development expertise to help execute these investments."

Latest Articles

Existing home sales pop the 2021 housing bubble boys

So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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