The £95m opening phase includes a 160,000 sq ft innovation centre and transport hub. 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 Cheltenham’s Golden Valley development […]
Trump says Lindsey Graham’s sister should be interim South Carolina senator
Stablecoin issuer Circle faces several challenges despite its receipt of final approval from the Office of the Comptroller of the Currency (OCC) to establish a bank, analysts from Japanese investment bank Mizuho wrote in a Friday (July 10) note, CoinDesk reported Monday (July 13). Reiterating Mizuho’s neutral rating on the company, the analysts led by […]
Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.
Jefferies London has acquired Grange London, an independent estate agency based in Paddington, as part of its expansion into the capital’s lettings market. The acquisition adds a managed portfolio of more than 100 properties to Jefferies London’s operations, enabling its partner agents to provide fully managed lettings services alongside residential sales. Grange London will continue […]
Key insights: A group of state-focused consumer advocacy groups are banding together to fight against earned wage access industry lobbyists. What’s at stake: Last year, six states pushed EWA regulation, but the revitalization of a federal bill governing the product poses an existential threat to states’ regulatory independence. Forward look: The bill is unlikely to […]
CBRE has added Robert Koontz as head of multifamily debt capital markets after he led a similar role at Freddie Mac, the company announced Monday. Koontz, who spent 17 years at Freddie Mac and most recently served as head of multifamily capital markets at the government-sponsored enterprise, joined CBRE on July 6 as part of […]
Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer credit cards, Bloomberg reported Monday (July 13), citing unnamed sources. The company is currently gauging investor interest in the bond, which would be its first such offering, according to the report. […]
Blackstone Real Estate has once again landed debt from J.P. Morgan Chase to refinance a South Florida hotel. The bank supplied a $205 million loan backed by the East Miami hotel in the Brickell district, property records show. The 39-story hotel houses 352 rooms, including 89 serviced apartments, a 20,000-square-foot pool deck and the Sugar […]
Puerto Rico Oversight Board lead bankruptcy attorney Martin Bienenstock said the bondholders don’t have an administrative expense claim because PREPA didn’t provide adequate protection. The Puerto Rico Oversight Board again argued Puerto Rico Electric Power Authority bondholders haven’t satisfied the three conditions that would validate their administrative expense claim for over $3.7 billion. Processing Content […]