Boxabl valuation at $3.5 billion tests housing fundamentals
The $800 million mortgage backing Stellar Management’s crown jewel office property has been sent to special servicing. The transfer, which came at the request of the landlord, will allow Stellar to “explore a potential extension or other consensual modification,” according to Morningstar Credit Analytics data reported by Crain’s. Stellar acquired the property in 2012 for…
Filmmaker Rakesh Roshan and his wife Pramila Rakesh Roshan have leased out a residential apartment in Mumbai’s upscale JVPD Scheme for a starting monthly rent of ₹5 lakh, according to property registration data shared by CRE Matrix, a real estate data analytics firm. The agreement for the second-floor flat in Hiralaya Building…
Deciding between high-growth infrastructure and steady software giants is a classic investor dilemma. Here is how Arista Networks (ANET +1.91%) and Salesforce (CRM -2.24%) stack up for your 2026 investment strategy. Arista Networks provides the physical backbone for massive data centers, while Salesforce offers the digital tools businesses use to manage their customers. Both companies…
Yields on longer-term government debt declined from recent peaks on Wednesday following the U.S. Treasury Department’s announcement it would be “at least” doubling the size of longer-dated debt repurchases it makes in coming months. The announcement ultimately calmed a bond market sell-off that began earlier in the week and accelerated Tuesday. Yields on 30-year Treasurys…
Fashion designer Marc Jacobs might be best known for his catwalk creations, but in 2019, he turned his attention to a more ambitious design project: overhauling a $9.17 million Frank Lloyd Wright-designed property in upstate New York that he purchased on something of a whim in 2019. Today, Jacobs, 63, resides primarily in the property with his husband,…
eBay (EBAY -0.94%), McDonald’s (MCD -0.10%), and Constellation Brands (STZ -2.84%) have continued to increase their dividends in recent years despite the consumers they rely on facing economic challenges related to inflation, tariffs, and higher gas prices. That’s because these companies serve millions of consumers in e-commerce, fast food, and alcoholic beverages, who rely on…