The $32 Beazer bid is in, now the fight is over standstill terms
When Robert Drimmer, team leader of The Drimmer Group of Compass, moved to East Nashville 15 years ago, he saw something others didn’t — a neighborhood brimming with untapped potential. At the time, historic craftsmen and bungalows were selling for as little as $50,000. “Coming from the Northeast, where prices were astronomical, it didn’t make…
by Calculated Risk on 1/10/2026 08:11:00 AM The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. —– Monday,…
A joint venture among PCCP, Claremont Development, and Stanbery Development Group has secured $188 million to refinance the District 15Fifteen, a 498-unit multifamily property in Parsippany, N.J., Commercial Observer can first report. Affinius Capital provided the debt, which will finance the lease-up and stabilization of the property, as it opened only last month. Cushman &…
The Cumberland Building Society has appointed Ben Hornby as the relationship manager for its commercial team. Hornby brings over a decade of experience supporting businesses with their financial needs. In his role at The Cumberland, Hornby will cover the South Lakes and Lancashire region. The mutual said his appointment reflected its commitment to delivering a…
The U.S. industrial market is on stronger footing after the first half of 2026, with stronger leasing activity, calmer development compared to the pandemic-era highs, and a new wave of manufacturing investment reshaping demand. National asking rents climbed 1.8 percent year-over-year to $9.74 per square foot per year on a triple-net basis, despite elevated vacancy…
Black & White Bridging has provided over £3 million in refurbishment finance for two residential properties in North and East London, the specialist lender has announced. The funding supported the acquisition and refurbishment of two properties requiring internal works before being marketed as high-specification homes. The loans were structured to provide flexibility for extensive refurbishment…