Greystone’s new $137M fund lands as LIHTC investment rises
The clouds of debt maturities and nonperforming loans haven’t entirely cleared from the country’s largest banks, but the shine of artificial intelligence and data center development is erasing the shadows cast by Wall Street’s anxieties over pandemic-era loans. AI dominated the conversation across earnings calls for five of the country’s largest banks Tuesday as concerns…
Andy Burnham’s arrival at London Euston, on the authentically late-running 10:43am Avanti West Coast service, reminded some of Barack Obama’s “Hope express” from Chicago to Washington in 2008 and others of the secret “sealed train” carrying Vladimir Lenin to St Petersburg in 1918. As “Comrade Burnham” hurtled south, tracked by helicopters, he made a symbolic…
The job of managing artificial intelligence models is challenging the traditional three lines of defence framework, say risk managers, with some calling for the first line to take on more formal responsibility for continuous testing and monitoring of AI models. With financial risk models, traditionally, a bank’s model validation team creates a challenger model, and…
The long-stalled redevelopment of a former naval air base 15 miles south of Boston is ready for takeoff. A joint venture of Brookfield Properties and New England Development paid $65M to acquire part of the 1,400-acre site of the former South Weymouth Naval Air Station, the companies announced Tuesday. Courtesy of New England Development The 1,400-acre South…
Freedom24 on the Future of Finance: Why Platforms & Ecosystems Are Becoming The Next Major Shift Freedom24 on the Future of Finance: Why Platforms & Ecosystems Are Becoming The Next Major Shift Freedom24 on the Future of Finance: Why Platforms & Ecosystems Are Becoming The Next Major Shift Freedom24 on the Future of Finance: Why…
Eastnine signs acquisition agreement with Ghelamco Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Eastnine to acquire Warsaw office tower in €300m deal appeared first on…