Planning reform will not be sufficient to meet government housebuilding targets unless ministers address viability challenges facing developers, according to property consultancy Colliers. Andrew White, head of UK residential at Colliers, responded to the appointment of Andy Burnham as prime minister and Angela Rayner as housing secretary by warning that while planning reform may gain […]
The proposed US redraft of Basel III has spared derivatives clearing from the worst impact of an earlier version, but banks are not yet confident it will provide space for increased capacity to offer client clearing. “It is hard to say how this will play through, but I don’t think it’s an obvious benefit, and […]
Prologis welcomes Segro’s response and says it is ready to work toward a formal agreement. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Segro board signals […]
RBH Group has landed $36.7 million of pre-development financing for a mixed-use multifamily project in Newark, N.J., Commercial Observer has learned. CDK Lending provided the loan on the developer’s planned 420-unit apartment complex with ground-floor retail space at 101 Market Street in Newark’s Four Corners neighborhood near downtown. The debt pays off a previous loan […]
While healthcare stocks may not always seem the most enticing, they’ve quietly surged over the last month. The active healthcare tech ETF, FMED, which focuses on industry disruptors, saw its June performance significantly leapfrog its overall YTD numbers. What’s driving this sudden spike, and can the fund play a meaningful role in portfolios for the […]
On assets, balanced funds remained the largest mutual fund category at $1.192 trillion, followed by equity funds at $1.121 trillion, bond funds at $339.4 billion, money market funds at $64.9 billion and specialty funds at $64.6 billion. ETFs Equity ETFs dominated June net sales at $13.126 billion, up from $8.733 billion in May and well […]
Investing in quality dividend stocks can put you on a path to financial freedom. Focusing on durable brands that generate consistent profits can deliver a passive and growing income stream for life. Here’s why Coca-Cola (KO +0.28%) and Constellation Brands (STZ +1.09%) might be two of the best dividend stocks to buy and hold forever. […]
The most important line in the Senate’s sprawling 616-page digital asset market structure proposal may be the one that tells Americans what stablecoins are not. They are not deposits. They are not investment products. They are not federally insured. And under the proposed Digital Asset Market Clarity Act, crypto companies generally could not pay U.S. […]
Nationally, there were an estimated 48.5% more home sellers than buyers across the US in June – a contrast to the Northeast, where inventory constraints have kept demand elevated. First-time buyers comprised 33% of existing-home sales in June, up from 30% a year ago, according to the NAR Confidence Index Survey. Within New York State, […]
Los Angeles Unified School District Superintendent Andrés E. Chait (pictured left) with Los Angeles Mayor Karen Bass during a press conference in April announcing an agreement with school unions.Los Angeles Mayor’s Office Moody’s Ratings and Fitch Ratings downgraded Los Angeles Unified School District’s bond ratings Tuesday, several days after the school district received a “lack […]