Foreclosure auctions rise in Q2 2026; FHA loans lead gains
Michael Cannon-Brookes, co-CEO of Atlassian. Scott Mlyn | CNBC The “SaaSpocalypse” was raging this week. Then it got a reprieve. The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog and Figma on earnings reports, all served to underscore investor concerns that artificial intelligence models are eating away at the value of…
Stefanie Rock, an associate broker at JLL specializing in New York City commercial office leasing, died Friday morning after being struck by a vehicle while jogging in Water Mill. She was 29. The incident occurred Friday morning along Deerfield Road, north of Head of Pond Road, in Southampton Town, Newsday reported. Rock was running north…
The Department of Buildings issued a partial stop-work order at 750 Third Avenue, at least the third office-to-residential conversion subject to a pause since this month’s scare at the former Pfizer headquarters. The city called for a stop to “all structural steel work” on the ninth floor and above at SL Green’s Midtown Manhattan project,…
Billionaire real estate developer Stephen Ross has launched a 10,000-square-foot immersive Experience Center in downtown West Palm Beach, FL, showcasing his vision for transforming the area into the “Wall Street of the South.” Ross’ firm, Related Ross, along with fellow billionaire Ken Griffin, will invest more than $10 billion across Palm Beach County to attract global companies and…
A retailer born on the internet more than two decades ago is continuing to expand its physical footprint. The flagship Wayfair retail store in Willmette, Illinois Home goods retailer Wayfair plans to open a large showroom in Denver by the end of 2026, followed by four other stores in the U.S. in 2027, Bloomberg reported. The company…
New business volumes in the second charge mortgage market fell by 1% in May 2026, according to the Finance & Leasing Association (FLA). The figures marked the market’s first shrinkage of new business volumes since April last year. Fiona Hoyle, director of consumer finance and mortgages and inclusion at the FLA, said: “May saw…