Intuitive Machines: Dilution Is A Drag, But The Backlog Keeps Winning
Intuitive Machines: Dilution Is A Drag, But The Backlog Keeps Winning
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It will take more than an AI wand to dislodge bank core providers
The bank core providers have quite a nice little entrenched position. Actually, that is understating it. The core providers have a commanding entrenched position. Any upstart trying to steal some business from Fiserv, FIS or Jack Henry has a ton of work to do. Processing Content If you look at the core providers as an…
Unite Group lowers student rents for first time in 25 years
Unite Group has reduced rents across its student accommodation portfolio by 0.3% for the current academic year, marking the first decline in over 25 years outside of the Covid-19 lockdown period. The UK’s largest student accommodation provider attributed the rent reduction to declining demand driven by falling international student numbers and an increasing proportion of…
HTB promotion for new development finance lending manager
The hire comes after an internal recruitment process. He has now started the role, after spending more than two years as a relationship manager at HTB. As lending manager, Piponides will now take greater responsibility for development finance relationships, working across the Midlands region and closely with developers and brokers as schemes progress. He joined…
Prime Finance Supplies $63M Refi for Chelsea Multifamily Portfolio – Commercial Observer
Slate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. Prime Finance provided the loan for Slate’s portfolio at 229 West 20th Street, 300 West 21st Street and 301 West 22nd Street, which combined feature 94 units spanning a total of 68,139 square…
Orange County Apartment Complex Sells for $133M – Commercial Observer
Two multifamily investment firms have expanded their affordability efforts into Orange County, Calif., with the acquisition of a 402-unit workforce housing community. Eagle Real Estate Partners and the Vistria Group put down $132.5 million for Crystal View Apartments at 12091 Bayport Street in Garden Grove. The deal extends affordability restrictions that were near expiration, which…
Mid-October deadline looms for pre-Christmas property sales
Properties must be listed by 16th October to have a realistic chance of securing a sale agreement before Christmas, according to new analysis of UK housing market data. Research by the HomeOwners Alliance, using data from its Best Estate Agent Finder service, shows the current average time from listing to agreed offer stands at 68…
