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Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $183-million construction loan for a 530-unit luxury multifamily community in Gilroy, marking the largest construction financing in Dwight’s history. The loan was originated by managing director Keith Hoffman and originator Elliot Haft on behalf of developer Ten South Construction. Located at 315 Las Animas Ave., the property will comprise four mid-rise…
European stocks finished mostly lower on Monday as investors took profits after the STOXX 600 touched another record high earlier in the session. The broad STOXX 600 slipped 0.35% to 650.5, with weakness in healthcare, utilities, and food & beverage shares leading the decline. Despite the broader pullback, Germany’s DAX outperformed, rising 0.15% to another…
Artificial untelligence (AI) stocks under $10 are publicly traded companies developing or applying AI technologies, with stock prices below $10 per share. These lower-priced AI stocks can present promising investment opportunities due to the AI industry’s rapid growth and transformative potential. As AI continues to revolutionize various sectors, these stocks could experience significant appreciation in…
There were 196 transactions totaling $306 million filed in New York City records in the 24 hours before 2:30 p.m. on Thursday, July 3. 🏆 Commercial: A warehouse in Long Island City at 44-68 Vernon Boulevard sold for $15.5 million, representing the top commercial deal to hit records in the Big Apple. Queenbea 44-68 LLC…
Bonds are weaker to start the new week and the catalyst is simple. The U.S. ramped up air strikes in Iran, both in terms of number and distance inland. Iran responded by hitting various allied targets. Perhaps more importantly for financial markets, shipping traffic has returned back to war-time lows after a noticeable surge in…
Buy-to-let lender Landbay has launched a telephone sales team to support brokers throughout the application process. The team, led by telephone sales manager Jon Braddick, will focus on communication, pipeline management and broker engagement, supporting cases from decision in principle through to mortgage offer. Landbay says the team will work alongside its business development managers…