Reports of a recession were greatly exaggerated The tone from economists was, at times, pointed. Douglas Porter, chief economist at BMO Capital Markets in Toronto, framed May’s result as a rebuttal to months of downturn anxiety: “it’s now clear that the underlying economy is still grinding ahead, with GDP up 1.7% from year-ago levels.” Porter, […]
The Delhi government on Tuesday cleared the Lakshmi Yojana. Speaking to reporters after the Cabinet approved the scheme, Chief Minister Rekha Gupta said an online application portal for the Delhi Lakshmi Yojana would be launched on August 1. She added that beneficiaries are expected to receive the first instalment around Raksha Bandhan. Delhi Lakshmi Yojana […]
Green Brick seizes a margin edge as a land and product outlier Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 2 hours ago Latest
FIFA has scrapped $20 billion World Cup sell-off plan, New York Post reports
First-time buyers are encountering increased financial pressure from rising mortgage rates and deposit requirements, according to analysis from financial data company Moneyfacts. The average new mortgage rate now stands at 5.59%, up from 5.47% at the start of July and 4.90% in March. Buyers with low deposits are now being charged more than 6% on […]
AI’s housing impact is strong — but highly localized Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 20 minutes ago Latest
Sundance Properties has sealed $25.6 million of construction financing to bring a multifamily development in Alpine, Wyo., across the finish line, Commercial Observer has learned. Izo Capital supplied the 24-month senior construction loan to fund the completion of Phase 1 of the developer’s planned the Flats at Alpine Junction project comprising 64 units. The debt […]
Key insight: InterBank’s outperformance in 2025 was the product of a long-standing strategy that got “supercharged” by the Fed’s post-pandemic rate hikes. Expert quote: “When your assets are able to earn a healthy yield on the top line, and what you’re paying for money is relatively low, it really allows you to drive that five-point […]
A 107-key hotel in Midtown has traded for roughly $95 million. Eurostars Hotel Company, a Spanish hotel chain managing more than 300 properties globally, has purchased the Chemists’ Club Hotel at 52 East 41st Street from Azora, another Spanish company specializing in large-scale hotel investments, according to a source with knowledge of the deal. SEE […]
For the people tasked with keeping wealth management firms secure, the biggest threat is coming from within. Processing Content New data shows that AI compliance is the top concern for compliance professionals, far eclipsing cybersecurity risks. It comes at a time in which AI is a big draw for advisors and their firms. Morgan Stanley, […]