Reynolds Asset Management - Real Estate Investor Pulse

Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management

March 13, 2024 Allen Santos Comments Off

It has been a rather exciting time for Reynolds Asset Management, the Paramus, New Jersey-based commercial real estate investment and development firm that primarily focuses on the multifamily apartment space. Among its most notable endeavors […]

Reynolds Asset Management Closes Refinancing Loan on New Jersey Multifamily Complex

February 16, 2024 Mariel Alumit Comments Off

Reynolds Asset Management announced the closure of a $28.5 million refinancing loan for its multifamily complex The Mural in Orange, New Jersey. Reynolds broke ground on construction at the property in May 2022, completed construction […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]