Category Investment

KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2025-INV1 (JPMMT 2025-INV1)

KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2025-INV1 (JPMMT 2025-INV1)

KBRA assigns preliminary ratings to 31 classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2025-INV1 (JPMMT 2025-INV1), a prime RMBS transaction comprising 402 residential mortgages with an aggregate interest-bearing principal balance of approximately $330.3 million as of the…

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Blackstone Hires Joseph Cassanelli to Spearhead Financial Services Investments in Tactical Opportunities

Blackstone Hires Joseph Cassanelli to Spearhead Financial Services Investments in Tactical Opportunities

Blackstone (NYSE: BX) announced today that Joseph Cassanelli, former Co-Head of Lazard’s U.S. Financial Institutions Group, has joined Blackstone Tactical Opportunities (“Tac Opps”) as a Senior Managing Director. Mr. Cassanelli will be based in New York and serve as an…

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Kennedy Wilson Investment Arm Buys 265-Unit Multifamily Community in Seattle for $173 Million

Kennedy Wilson’s Investment Management Platform Acquires 265-Unit Multifamily Community in Seattle, Washington for $173 Million Global real estate investment company Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire The Danforth in Seattle for $173 million.…

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The Federal Savings Bank Teams Up with Blend to Streamline Mortgage Refinancing for Borrowers

The Federal Savings Bank Teams Up with Blend to Streamline Mortgage Refinancing for Borrowers

The Federal Savings Bank (TFSB), a prominent veteran-owned financial institution with $1.18 billion in assets, has expanded its partnership with Blend Labs Inc. (NYSE: BLND), a leading digital banking platform, to implement Blend’s Rapid Refi solution. This collaboration aims to…

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