In a market where finding a development opportunity is akin to “finding a needle in a haystack,” and existing policy can “break the backs” of developers who want to build housing, it follows that a majority of the development community has “redlined” it to curtail future investment. It’s no surprise to hear that multifamily development […]
The president is expected to impose fresh import taxes this week, as levies from February are only able to remain in effect for 150 days.
Start with the pitch. According to the filing, the firm told investors it acquired commercial properties, largely shopping centers, at or below market value, then paid distributions of 6% or more a year. The suit quotes marketing that said the firm’s investment committee looked for assets “that can be acquired at perceived discounts to both […]
The advisor argued the non-competition clause was so sweeping that enforcing it would push him into retirement, since he holds a securities license only in Ontario and is now 68. Justice Mills was not persuaded. She found the clause clear rather than ambiguous, confined to Ontario, capped at 12 months, and precise about the activities […]
Former Pittsburgh Steelers star Ryan Clark was sensationally let go by ESPN on July 20—while he was in the midst of filming for the network’s hit show “NFL Live.” Hours later, the network also axed several other prominent staff members, including on-air host Karl Ravech, NFL insider Tom Pelissero, and former football pro Cam Newton. […]
The war chest of home equity held by U.S. homeowners age 62 and older continued to grow in the first quarter, even as home price gains softened in much of the country, according to recently released industry data. Figures prepared by Riskspan, a data intelligence provider, and published by the National Reverse Mortgage Lending Association […]
Nearly 14,000 new landlord businesses were registered in the first five months of this year, analysis of Companies House shows. Last year, the number of registrations of new buy-to-let businesses hit a record high of 34,128, according to research by specialist insurer Just Landlords. This was almost 70% higher than the five-year average of 23,549 […]
36% of U.S. residents who plan to move within the next year say a clean home with high-end filtration systems for air, water, etc. is one of the most important features when it comes to their next home. That makes it the most common priority for house hunters, along with security systems, per a recent […]
“This bill takes partisan politics and posturing off the table,” said House Appropriations Chair Rep. Tom Cole, R-Okla., of a short-term continuing resolution to fund the government to Dec. 4. Al Drago/Bloomberg News The House is expected to vote this week on a stopgap spending bill to fund the government until after November’s midterm elections […]
This Risk.net white paper explains why moving from narrative loss estimates to exposure/occurrence/impact models produces clearer, more defensible decisions, and how artificial intelligence can industrialise challenge to make assumptions auditable and evidence‑driven. Featuring commentary from operational risk experts at Barclays, Nomura and the ORX Association, the paper outlines practical steps to embed continuous challenge into […]