How Lenders Can Use ROVs to Improve Appraisal Quality

Artificial intelligence infrastructure firm Nscale has closed a $900M line of credit intended to accelerate the construction of its global data center portfolio. The London-based AI cloud firm said Monday the capital infusion will provide liquidity to accelerate its data center build-out in the U.S., Europe and Asia. The credit facility is syndicated across a…

The judge’s Monday order to block the policy was placed on hold after a swift lawsuit by New York City government, and Mamdani said in a press conference yesterday that he and his team would “vigorously” defend the tax in court. The levy targets owners of second homes and other non-primary residences valued above a…

LHV Bank has surpassed £1bn in total lending to UK SMEs and property investors since launching its SME lending business in 2023. The lender said strong demand from brokers and borrowers across commercial real estate, trading business mortgages and specialist buy to let (BTL) has driven growth. Conor McDermott (pictured), director of SME lending…

New York-based artificial intelligence startup Rogo Technologies has doubled its Midtown South headquarters at BXP’s 360 Park Avenue South. Rogo, founded in 2022 to develop software for the financial services industry, added 23,000 square feet to occupy a second full floor in the 20-story tower, Commercial Observer has learned. The renewal and expansion brings Rogo’s…

From 10 August, investors will no longer be able to borrow through their self-managed super funds (SMSF) to buy residential property, forcing many to rethink how they build their portfolios. According to House Finder founder Simon Loo, the biggest mistake investors could make was assuming the policy marked the end of property investing. You’re out…

Charlie Kirk’s widow views video she requested of husband’s alleged killer