Mega investors effectively banned themselves from the single-family market
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When a rental building in West Harlem was listed for $1.375 million, Jay Martin flagged it. “Less than the price of a Kia Telluride,” he tweeted. “$57,000 per unit.” Martin wasn’t marketing the property. The New York Apartment Association exec was noting the devaluation of rent-stabilized buildings and mocking the claim that “the tenants can…
Key Points Micron Technology (NASDAQ: MU) has had a great year, with its shares rising about 217% so far. However, following a sell-off in early July, they are still down 25% from an all-time high set in late June. A midyear sell-off like this shouldn’t come as a surprise to investors since many of them…
Federal Reserve unveils task force leaders – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics partners….
As Consumer Duty celebrates its third anniversary, there’s no question that expectations are shifting. The intense focus on implementation that defined the early years of the regulation has given way to a more fundamental question and expectation: can firms demonstrate that they consistently deliver good customer outcomes? The answer depends on how well firms can…
Digital revenue has turned identity verification from a back-office control into a front-door growth issue for financial services firms. The PYMNTS Intelligence report “When ‘Good Enough’ Isn’t Enough: Digital Identity Verification in the Age of Bots and Agents,” a collaboration with Trulioo, found that 76% of financial services firms earn at least three-quarters of their…
JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A multifamily development in Manhattan’s Financial District. JLL represented the developer and REIT sponsor, Grubb Properties,…