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DoubleLine Paper: The Misunderstood Housing Market, a Rate Paradox and a Magic Number

TAMPA, Fla., Dec. 21, 2023 /PRNewswire/ -- Conventional thinking holds that higher interest rates mean lower home prices – or the corollary, lower rates mean higher prices. However, given supply and demand conditions in housing today, DoubleLine Portfolio Manager Ken Shinoda argues in a...

Fannie Mae Releases November 2023 Monthly Summary

WASHINGTON, Dec. 21, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) November 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and...

Century Communities Sets Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

GREENWOOD VILLAGE, Colo., Dec. 21, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, January 31, 2024. A conference...

ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock

UNIONDALE, N.Y., Dec. 21, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock. The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock...

FISHER BROTHERS AND J.P. MORGAN ANNOUNCE LARGEST COMMERCIAL OFFICE LEASE IN THE UNITED STATES IN 2023 AT 1345 AVENUE OF THE AMERICAS

Globally renowned law firm Paul, Weiss is relocating its headquarters to 765,000 square feet at 1345 Avenue of the Americas NEW YORK, Dec. 21, 2023 /PRNewswire/ -- Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, and...

Prologis Vice Chairman Gene Reilly to Retire

SAN FRANCISCO, Dec. 21, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that Vice Chairman Gene Reilly will be retiring at year end, after which he will serve as a senior advisor through April 2024. Reilly has played a critical leadership role in almost...