The Q2 earnings season is approaching a critical moment for the financial sector. With Wall Street anticipating massive profit expansions across indexes, investors are fixated on whether corporate growth is correlated with increasing valuations. While tech has dominated market narratives as of late, a strong macroeconomic backdrop is paving the way for financial companies to […]
An artificial intelligence-powered management platform designed to help law firms has signed an office lease on the Lower East Side, Commercial Observer has learned. AI platform Sandstone signed a five-year deal spanning 13,794 square feet on the entire third and fourth floors of East End Capital’s 141 East Houston Street, according to landlord broker Current […]
Oportun has expanded its savings app, Set & Save, to include a new artificial intelligence-powered feature that identifies routine bills and automatically helps members save toward upcoming payments. The new Smart Bills feature uses AI to understand a member’s financial habits and then set aside money for car payments, rent, utilities, insurance, subscriptions and other […]
Tidal Real Estate Partners is “waving” hello to the opportunity to convert a Savannah, Ga., multifamily building into a Margaritaville-branded hotel. The New York City development firm just sealed $113 million of bridge debt to recapitalize and repurpose the 2023-built Ann Street Lofts property into the 230-key Margaritaville Hotel Savannah, Commercial Observer has learned SEE […]
Beyond the rate decision, Williamson said the change in how the Fed communicates is itself worth watching. Chair Kevin Warsh has been explicit about his skepticism of forward guidance, the practice of telegraphing future rate moves, and for brokers advising clients on rate lock timing, that shift matters as much as whatever the Fed announces […]
Construction work has been halted at a second Manhattan project as city officials embark on an inspection onslaught at office-to-residential conversions following the near collapse of a Midtown skyscraper. City inspectors ordered that construction be stopped at GFP Real Estate’s 222 Broadway on Friday, The Wall Street Journal first reported. The issue revolves around a contractor’s […]
—The increase of 121,572 net subscribers for Totalplay Residential reflects strong demand for the company’s technologically advanced internet services— —EBITDA less Capex and interest reached Ps.769 million in the period— —Debt with cost is reduced by 5%, further strengthening Total Play’s capital structure— MEXICO CITY, July 27, 2026 /PRNewswire/ — Total Play Telecomunicaciones, S.A.P.I. de […]
Fitch Ratings says DeKalb County, Georgia’s water and sewer system’s increasing leverage is a credit concern.Adobe Stock Fitch Ratings lowered the outlook to negative from stable on DeKalb County, Georgia’s water and sewer revenue bonds Friday but affirmed its AA-minus rating. Processing Content Fitch said the negative outlook “reflects Fitch’s expectation that leverage, measured as […]
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Just over half of the 374 units will be restricted to families earning 120% of the Area Median Income. […]
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discussed the JPMorgan Core Plus Bond ETF (JCPB) with Chuck Jaffe of Money Life. The pair discussed several topics related to the ETF, in order to give investors a deeper understanding of it. Chuck Jaffe: One, fund on point […]