Discretionary Gifting Authority in Durable Powers of Attorney

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The Massachusetts Appeals Court’s recent decision in Fern v. Baker provides important guidance on interpreting the scope of authority under a durable power of attorney, particularly when agents engage in self-interested transactions. The case underscores the breadth of authority that may be conferred through gifting provisions, the importance of interpreting such provisions to effectuate the […]

Restaurateur James O’Brien Bringing Wine Bar to Naftali’s Williamsburg Wharf – Commercial Observer

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Some wine and a walk by the Williamsburg waterfront? Sounds like the perfect evening.  James O’Brien, the restaurateur behind Cobble Hill’s popular Italian restaurant Popina, has signed a 2,000-square-foot lease at Naftali Group’s Williamsburg Wharf to open a new wine bar, the developer announced Tuesday.  SEE ALSO: Nonprofit Graham Windham to Relocate to 10K SF […]

Cybersecurity is a key muni credit signal. Are issuers prepared?

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As I think about my recently published muni credit scorecard, one of the key takeaways is that I listed “cyberthreats” as a clear and present risk to most sectors across the public finance ecosystem. Arguably, cyberattacks are not a theoretical concept, but rather a daily  threat to municipal bond issuers that has provided instances of […]

Copper is shadowing the AI hyperscaler stocks — but wait for a dip before buying

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Copper prices have climbed 12.5% since the start of the year, with Nvidia and Broadcom up around the same amount in that time.

Ben Brown, Brookfield’s Real Estate Chief, On REITs, Housing, Office and Hospitality – Commercial Observer

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Ben Brown is the first to admit it: “I drink my own Kool-Aid.” Brown is co-president and head of real estate in the Americas for Brookfield — and, if you were going to drink a company’s Kool-Aid, you couldn’t do much better. SEE ALSO: Slate, RiseBoro Land $163M Loan for Two Williamsburg Housing Projects “We’ve […]

Why Lucid Stock Bounced Back Today

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Trading in Lucid Group (LCID +18.94%) stock was halted several times yesterday due to volatility after a publication that follows electric vehicle (EV) companies reported that the company was considering filing for bankruptcy or going private. Shares plunged more than 50% before reversing course after the company called the report false. Lucid then took it […]

CREA now expects home sales decline in 2026 as it lowers forecast again

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The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 again, despite a small uptick in the number of homes that changed hands in June.

Everything Is Working Against Bitcoin Right Now

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Bitcoin Is Begging for a Bounce This is turning into a better week for the world’s most popular cryptocurrency after Monday’s sharp sell-off. But Bitcoin continues to struggle to generate meaningful momentum. As David Morrison, Senior Market Analyst at Trade Nation, observes, risk appetite has been undermined by the ongoing conflict between the US and […]

Segro signs 540,000 sq ft of leases at Coventry logistics park

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Segro adds £6m in annual rent with three new Coventry warehouse leases 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 signs 540,000 sq ft of […]

Bank of Canada holds rates at 2.25% as outlook improves

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The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation fading.