Anchor Loans has hired Brad Chmura as Chief Revenue Officer, the company announced in a press release. Chmura will be responsible for revenue growth, company sales, loan fulfillment, and customer service, as well as boosting Anchor’s brand. The company specializes in large loans for experienced real estate investors. He has more than two decades of experience in business-to-business sales and operational leadership. Prior to joining Anchor, Chmura served as CEO at CoreVest Finance, a national lender for real estate investors. He has also served as Vice President of Sales at First American Mortgage Solutions and Director of Global Mortgage Sales for CoreLogic. “Brad is a highly accomplished, recognized leader in sales and operations, with a proven track record of driving…
Atlanta-based Peachtree Group has promoted Brian Waldman to chief investment officer and appointed Jeremy Stoler to EVP, debt capital markets, the company announced in a press release. Waldman will manage the company’s multi-billion-dollar investment portfolio and investment strategies across its distinct operating, lending, and real estate divisions. He brings two decades of experience to the position, including Managing Director and Head of Capital Markets for Beacon Property Members, where he executed capital markets and other advisory assignments with an asset value of more than $8 billion. He joined Peachtree in 2015. During his tenure, he has overseen transactions grossing about $6 billion. “Brian has extensive investment and portfolio management experience and an in-depth understanding of the investment process. We are…
Real estate investors bought 80,293 properties in Q4 2021, a record 18.4% of homes sold. Redfin reported that investor purchases were up from 43.9% YOY, though they fell 9.1% from Q3’s peak, likely due to stock shortages that impacted regular homebuyers and investors alike. Seasonality also contributed to the quarter-to-quarter drop, as the housing market typically slows in the winter. More than three-quarters of homes bought by investors (75.3%) were all-cash purchases. Atlanta saw the most investor activity in Q4 at 32.7% of market share, followed by Charlotte (32.1%), Jacksonville (29.8%), Las Vegas (29.2%), and Phoenix (28.4%). These are all popular destinations for moving Americans and have seen high demand during the Great Migration. “While record-high home prices are problematic…
