The financing supports the next phase of the refurbishment for IGIS Asset Management, following planning approval in March 2026.
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By Erik Hertzberg (Bloomberg) — The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation fading. Officials led by Governor Tiff Macklem kept the policy rate at 2.25% on Wednesday, matching expectations of economists in a Bloomberg survey and traders in overnight…
“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”
Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller. “This sale highlights the continued demand for multifamily properties offering scale and long-term upside in…
Odysseus had no Visa, no Venmo and no helpful fraud alert from Ithaca National Bank warning that a palace full of unfamiliar men was charging dinner to his household. Yet his financial life was a mess: years away from home, a fleet written off, a palace full of freeloaders and no apparent spend controls. Forget…
“Total collections remained below their long-term trends nationally and in most states for the second consecutive year, meaning states generally have fewer resources available for tax cuts, public services, bolstering reserves, or other priorities,” said Pew. All but four states ended their fiscal year in June, revealing mostly good news in terms of revenue…
Bellway is the latest housebuilder to call on the government to cut stamp duty to boost the housing market. Bellway chief executive Jason Honeyman asked for ‘an immediate reduction’ in the tax ‘to ease affordability constraints and stimulate demand’. The prime minister has already said stamp duty would be unchanged in the upcoming Autumn Budget….