Freddie Mac earnings soar 61% as credit reserve release lifts profits

“It doesn’t make a difference who wins the game. The IRS will get a piece.”

Larry Korman’s AKA Hotels bought its partner BlackRock out of a portfolio of Midtown extended-stay properties in a deal valued at $220 million. Korman Communities acquired BlackRock’s majority stake in the three extended-stay hotels at 330 East 56th Street, 123 West 44th Street and 42 West 58th Street, The Real Deal has learned. Korman had…

More War-Related Weakness, But With a Supportive Bounce 2 Hours, 0 Min ago More War-Related Weakness, But With a Supportive Bounce Bonds officially closed at the highest yields in more than a month. At one point just before the noon hour, the 10yr was just over 4.59, but ultimately moved back to…

Artificial untelligence (AI) stocks under $10 are publicly traded companies developing or applying AI technologies, with stock prices below $10 per share. These lower-priced AI stocks can present promising investment opportunities due to the AI industry’s rapid growth and transformative potential. As AI continues to revolutionize various sectors, these stocks could experience significant appreciation in…

Forward look: FirstSun is predicting a sharp decline in net charge-offs during the second half of 2026 after experiencing a second-quarter surge.  Expert quote: “The reality is we have no loans anywhere close to our legal lending limit, and we take concentration seriously.” — FirstSun CEO Neal Arnold Supporting data: The company shrank its balance…

There’s a changing of the guard in Greenwich Village.  Bobby Zar’s ZG Capital Partners has snapped up the interconnected buildings at 827-831 Broadway, plus 47 East 12th Street, for $18.5 million via a short sale, sources told Commercial Observer.   SEE ALSO: Orange County Apartment Complex Sells for $133M Newmark’s Brett Siegel, Maurice Suede and Adam…