‘Godfather’ of RTL securitizations breaks down Velocity’s $63M Toorak deal

Grid Properties batted away concerns around the mortgage backing Harlem USA last year. Time will tell if owner Drew Greenwald feels the same way this time around. The $108 million mortgage backing the 250,000-square-foot shopping center was transferred to special servicing, Crain’s reported, citing a report from Morningstar Credit Analytics. The reason for the transfer…

Sanity Group Acquisition Boosts Organigram's Quarterly Revenue

For decades, taxpayers have viewed Income Tax Returns (ITR) filing as a difficult-to-handle compliance process. Something that requires completion before the deadline to avoid penalties, legal complications and fines. Still, tax experts now believe this perception is changing rapidly due to increased awareness and technological advances. In today’s increasingly digital financial ecosystem, an ITR has…

The Securities and Exchange Commission (SEC) will consider a potentially significant overhaul of crypto regulation Friday (Aug. 14), moving to establish formal exemptions that could allow digital asset projects to raise capital without registering securities and eventually move outside the agency’s jurisdiction. At its Friday open meeting, the SEC will consider proposing new rules to…

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A development team made up of Slate Property Group, Hudson Companies and Volunteers of America has been chosen to create nearly 1,000 new homes upon a vacant parcel in Long Island City, Queens. The 70,000-square-foot development, at 54-42 Second Street, will be called the Orion, and two-thirds of its units will be set aside as…