Remove 2029 Remove Buyers Remove Marketing
article thumbnail

Rithm to offer up to 34.5M shares of common stock in public offering

Housing Wire

The company said underwriters will offer shares from time to time in negotiated transactions or prevailing market prices at the time of sale. At current market prices, the offering would bring the company about $395 million, without consideration of the expenses of the public offering. million shares for 30 days.

Investors 412
article thumbnail

Pennymac to issue $650M in unsecured debt

Housing Wire

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. The California-based company announced on Wednesday it intends to offer a $650 million aggregate principal amount of senior notes due in 2029. The offer is subject to market conditions and other factors. In total, $1.8

Contracts 431
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff 

Housing Wire

Rithm’s MSRs mark to market contributed $194.5 Regarding its debt, the company issued in March $775 million in senior unsecured notes due in 2029 for qualified institutional buyers. million to the quarter’s earnings, compared to a hit of $296 million the previous quarter. The company lost $48.6

Mortgage 462
article thumbnail

Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

Anywhere Advisors typically targets luxury markets.) to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% We don’t the rule is necessary for the market to operate well,” Schneider said. “We second lien secured notes due 2030. “We

article thumbnail

Just 36 real estate brokerages and teams made the Inc. 5000 in 2023

Housing Wire

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. They must be U.S.-based, Rank Company Growth (3-yr Avg.)

article thumbnail

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. 510 PadSplit 1,152% 2017 Creator of a co-living market platform enabling workers to live in the communities they serve. To qualify, companies must have been founded and generating revenue by March 31, 2019.

article thumbnail

Eastside Light Rail Expansion Offers Hope for More Housing

Will Springer Realtor

The project is likely to start in 2029. > Those plans, however, will reportedly remain on hold until market conditions improve for development. Located on the grounds of the existing Bellevue Club, the project is reportedly beginning in the fall of 2025. > > Bosa Development, the U.S. unit of a B.C.-based