Why AI will not make residential land development easy
Cushman & Wakefield and Newmark announced that their respective Equity, Debt & Structured Finance teams advised Rithm Capital in securing $515 million in fixed-rate financing for 31 W. 52nd St., a 29-story, 785,000-square-foot office tower in Midtown Manhattan. The Cushman & Wakefield team of Gideon Gil, Zach Kraft and Cecelia Galligan co-brokered the financing alongside…
ECB publishes indicative operational calendars for 2027
Former Oversight Board Member Justin Peterson said recent U.S. Supreme Court rulings give President Trump the right to dismiss and appoint Puerto Rico Oversight Board members. Two recent U.S. Supreme Court decisions could transform the Oversight Board and thus the outcome of the Puerto Rico Electric Power Authority bankruptcy. Processing Content The decisions on Monday…
Italy’s securities regulator Consob has ordered the blocking of six additional websites found to be illegally offering investment services in financial instruments, according to a press release dated July 3, 2026. The blocked sites include “Mir-Partner” and its related domains, “Capital Trading Group” along with its associated page, “Gravmor” and its linked portals, White Mint…
The proposal for minimum haircuts in gilt repo transactions first appeared in a BoE discussion paper last year. Credit: Gorodenkoff/ Shutterstock.com. The Bank of England (BoE) is continuing with measures aimed at limiting the amount of borrowing hedge funds can use in trades involving UK government bonds, reported the Financial Times. The critics argued that the move could increase borrowing expenses and weaken…
“Part of me would prefer to leave more to those for whom the money could make a meaningful difference.”