Data centers’ effect on utility bills — what agents need to know

To find the best opportunities, achieve solid capital gains or boost cash flow, investors need to think outside the box, considering the properties that other buyers may have dismissed. On a recent episode of Property Unfiltered, Strategic Brokers director Hung Chuy told hosts Liam Garman and Simon Loo that there were plenty of unusual property…

ViewApart | iStock | Getty Images As consumers look for ways to strengthen their financial footing, a new trend is gaining steam on social media — and, for once, it doesn’t involve buying anything. “Moneymaxxing,” a movement aimed at financial improvement, encourages people to maximize their budgets by trimming recurring expenses, redeeming rewards points —…

Fannie Mae announced the results of its 28th Community Impact Pool (CIP) of non-performing loans, with VRMTG ACQ, LLC named the winning bidder. BofA Securities Inc. served as advisor to the CIP. The transaction, announced on Aug. 19, included the sale of 24 loans totaling $6,200,360 in unpaid principal balance (UPB), offered in one pool,…

Laser Digital Japan Co., Ltd. (LDJ), the Japanese arm of Nomura’s digital assets subsidiary Laser Digital, announced on August 21 that it has completed its registration as a Crypto Asset Exchange Service Provider under Japan’s Payment Services Act. The approval marks the first new entrant into Japan’s crypto asset industry since 2022, ending a four-year…

BlackRock flexed its muscle as one of the artificial intelligence data center boom’s most powerful players this week. The investment giant executed roughly $57B in data center transactions by financing Meta’s massive Texas campus and closing its acquisition of Aligned Data Centers. BlackRock is leading a $12B debt sale to fund its data center project for…

Michael Shah’s DelShah Capital is back at it again with another multi-address, multifamily acquisition. The real estate private equity and asset management firm paid Quality Capital USA $36.9 million for five residential buildings just west of Central Park on Manhattan’s Upper West Side, according to property records filed Thursday.  SEE ALSO: Spanish Hotel Operator Buys…