Aptus Value Q1 FY27 slides: profit jumps 19% but NPAs rise

Swedish investment firm EQT AB has reached a deal to acquire San Francisco-based real estate investment manager Stockbridge Capital Group in a deal that could reach $550M. EQT’s New York office is at 245 Park Ave. EQT agreed to pay $375M in cash to acquire Stockbridge and add its nearly $27B real estate portfolio to…

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Foreign portfolio investors (FPIs) stepped up their buying in Indian equities in the first half of August, with financial services emerging as the biggest beneficiary of the inflows. The sector attracted a net ₹6,535 crore between August 1 and 15, reversing the ₹2,669 crore outflow in the second half of July.   Automobile…

“Mortgage-rate headlines matter, but they are not the whole story,” said Jake Krimmel, senior economist at Realtor.com. “Our report finds that borrowers’ actual rates vary widely even within the same month, and that the gap between a typical outcome and a strong one can translate into tens of thousands of dollars in purchasing power. A…

The path is clear for Sphere Entertainment Co. to build a 6,000-person sphere venue at National Harbor, a district right outside the nation’s capital.  A rendering of the 6,000-person Sphere planned at National Harbor in Prince George’s County The Prince George’s County Council on Tuesday approved a legislative package authorizing incentives and financial obligations from…

“But then if they don’t renew and it auto-renews, the rate goes up by 3.5%, there’s a 4% auto-renewal fee, and all of a sudden your 5.99% and 2% is now 14%, and they’re locked in. It’s closed for 6 months or for a year, and they’re handcuffed.” Read more: CMHC economist: the condo model itself…