The CLARITY Act was supposed to resolve a relatively straightforward, if technically difficult, question: When is a digital asset a security, when is it a commodity, and which federal regulator is responsible for overseeing the companies that trade it? After more than two years of committee hearings, industry lobbying, draft legislation and bipartisan negotiation, Congress […]
Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Bank provided the interest-only loan for Goldcrest’s purchase of the 125-unit Hope’s Crossing property in Toms River, N.J. The purchase price was not disclosed. SEE ALSO: Affinius Capital, Axonic Capital Provide $43M […]
“We would rather pay taxes upfront than pay mortgage interest.”
In 2024, according to a Gallup survey, just 3 percent of U.S. adults were using GLP-1 medications to lose weight. By July 2026, that share had soared to 11 percent, with 15 percent saying they had at some point tried a GLP-1 drug such as Ozempic or Wegovy for weight loss. SEE ALSO: Investment Firm […]
Healthpeak Properties, Inc. and Brookfield Asset Management on Monday announced the formation of a long-term strategic capital partnership through a joint venture involving a portfolio of outpatient medical buildings across the U.S. The portfolio contributed by Healthpeak includes 86 properties totaling approximately 5.6 million square feet, valued at approximately $2.1 billion. The portfolio is diversified […]
Over the past several years, I’ve traveled solo to 38 countries, visiting everywhere from Scotland and Turkey to Zanzibar and Albania. And even though I consider myself to be a confident traveler, this self-assurance didn’t happen overnight. Instead, it grew slowly after imperfect trips and countless mistakes. Here are five mistakes I’ve made — and […]
Travel costs also surged. Traveller accommodation prices in Ontario and British Columbia — concentrated in World Cup host cities Toronto and Vancouver — rose approximately 20% year over year in June. Air transportation costs, meanwhille, climbed 9.6% annually, their steepest increase since February 2023. For mortgage brokers, the read-through is clear. Leah Zlatkin, a licensed mortgage broker […]
Hollywood star Orlando Bloom is making another attempt to sell his longtime Malibu beach mansion—relisting the property at a significant discount, just a few weeks after it was taken off the market. The 49-year-old “Pirates of the Caribbean” star purchased the home for just $2.5 million in 2011, when he was still married to supermodel […]
UTEX Storage Partners has secured a $42.5 million loan to refinance a two-property self-storage portfolio in Miami-area cities Coral Gables, Fla. and Pembroke Pines, Fla., Commercial Observer can first report. Affinius Capital and Axonic Capital provided the debt — the fifth such joint origination between the two firms — while Greysteel’s Daniel Hartnett arranged the […]
LONDON, ENGLAND – JULY 20: Andy Burnham delivers his inaugural speech as UK’s new Prime Minister on on July 20, 2026 in London, England. The Member of Parliament for Makerfield becomes the UK’s 59th Prime Minister, succeeding Sir Keir Starmer, who resigned as leader of the Labour Party and Prime Minister in June. (Photo by […]