Builder incentives resuscitate new-home sales in June

Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and Elliot Sabag represented the seller, while Matt Ziegler…

With the Bank of Canada widely expected to hold its overnight rate at 2.25% for the sixth consecutive time on July 15, balancing an inflation rate that climbed to 2.8% in April against GDP growth of only 0.5%, lenders are sharpening their focus on fee-generating wealth services that are less sensitive to rate cycles.  Expanding the…

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            

Editorial & Advertiser disclosure Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press…

The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the agency to its core mandate – in line with its legal authority – and restoring a materiality-focused approach…

The variance-Hawkes process and its application to energy markets – Journal of Energy Markets Skip to main content End of drawer navigation content We define a new stochastic process using subordination called the variance-Hawkes process, allowing others to encode stochastic volatility, volatility clustering, and jump behaviour directly and tractably into their models. The generator, mean,…