Stocks surge to records as Wall Street scrambles to explain the rally after the fact

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The two worlds of Marc Kulick, an Oklahoma-based developer and former high-stakes gambler, have collided to create a vicious onslaught of lawsuits, including racketeering allegations, and foreclosures. Kulick is being sued by business partners and investors after defaulting on high-interest loans he took from Efraim Diveroli, the convicted felon and former arms dealer who inspired the…

While property-level data is essential, it’s only part of the picture. Risk, valuation, underwriting, and long-term performance are all influenced by what’s happening around a property, from market conditions and school zones to demographics and environmental factors. That’s where neighborhood intelligence comes in. A modern property data API should not only deliver property details but…

Higher mortgage repayments are the biggest concern for UK homeowners in the current housing market, according to a survey by Boon Brokers, with 33% naming this as their main worry. The survey of 1,000 mortgage holders found that 24% were most concerned about entering negative equity, while 14% cited falling property values. The findings…

A penthouse in the clock tower at 108 Leonard Street finally sold for $16.2 million.  The triplex atop the Tribeca building, once the headquarters of New York Life Insurance, closed after finding a buyer in October, according to Elena Sarkissian, one of the agents representing sales at the project. The deal works out to roughly…