Transaction will create a 27 million sq ft European urban industrial platform spanning nine countries.
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For very high net worth (VHNW) individuals, what “premium” means is changing. Partly, that’s down to technology opening up new possibilities. But it’s also about who this audience is becoming. By 2040, Millennials and Gen Z will make up 35% of the VHNW population, bringing different expectations about how financial services should work. Across other…
The American Fintech Council (AFC) has sent a comment letter to the Oregon Department of Consumer and Business Services (DCBS), Division of Financial Regulation, asking for a “more tailored” regulatory treatment of buy now, pay later (BNPL) providers. Currently, Oregon intends to treat these platforms like payday lending services. Oregon’s approach also highlights the challenges for…
A new paper is the first to document the variation in bond referendum requirements across U.S. cities, and dig into data to see how the differences impact financing decisions. rawpixel.com / Felix/rawpixel.com – stock.adobe.com When cities are required to get voter approval for certain types of bonds, they often switch to non-voter-approved bonds instead, a…
Fixed mortgage rates in the UK have declined for a consecutive month, marking the largest monthly reductions since October 2024, according to data from Moneyfacts. As of early July, the average two-year and five-year fixed rates both fell to 5.52%, representing drops of 0.16 and 0.11 percentage points respectively. This marks their lowest point since…
Bassett Furniture declares $0.20 quarterly dividend
M&T Realty Capital Corporation (M&T RCC) closed on a $141.4-million bridge loan for Anagram Turtle Bay, a newly constructed 194-unit multifamily community located at 300 E. 50th Stt. in Manhattan’s Turtle Bay neighborhood. The financing was provided to an ownership group led by Global Holdings, MAG Partners and Safanad. The three-year bridge loan, which includes…