Placemakr, a hospitality and multifamily operator based in Washington D.C., has appointed W. Edward Walter to its Board of Directors. With 20 years of experience as the president and CEO of Host Hotels & Resorts, Inc., Walter brings valuable expertise to Placemakr’s growth strategy in new markets and enhancing guest experiences. According to Jason Fudin, CEO of Placemakr, “Ed’s involvement will be crucial for our continued success.” In response, Walter expressed his excitement about joining the team at Placemakr on their mission to revolutionize real estate with flexible solutions that deliver value for partners.

Trepp: CMBS Special Servicing Rate Climbs to Highest Level Since 2013
Trepp is reporting that the overall CMBS special servicing rate continued to move higher in September, reaching 11.49%. The latest

