The transaction represents the first disposal from Fiera Real Estate Logistics Development Fund’s development pipeline.
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CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arranging the three-year, floating-rate loan through CrossHarbor Capital Partners. The Samuel will be located at 2821 Adams Ave. in North Park. The eight-story development…
Andy Burnham will have a lot of important jobs when he steps into Number 10. One of them will be to try to fix the UK’s apparently broken stock market. The persistent undervaluation of UK stocks may provide buying opportunities for investors, but it seems to be overseas institutions that are taking advantage, rather than…
With average origination volume at its highest level in four years, independent mortgage bankers now have five consecutive quarters of pretax net production profits, a quarterly survey found. Processing Content This continued the turnaround from the widespread losses posted between 2022 and 2024, Marina Walsh, the Mortgage Bankers Association’s vice president of industry analysis, said….
Key insights: Hyundai Motor is exploring whether stablecoins can be used as the backbone of its global treasury infrastructure following two proof-of-concept transactions that used stablecoins to move funds between subsidiaries in the U.S. and Mexico without a bank. What’s at stake: The transactions took an average of seven minutes to complete, compared with three…
Innovo Property Group signed expansive leases for two industrial tenants in one of the company’s developments in Long Island City, Queens. In the largest of the two deals, Roadway Moving, a full-service moving and storage company, took 117,000 square feet on the first floor of Innovo’s 28-90 Review Avenue, also known as the Review Avenue…
A close-up view shows corporate signage mounted on an exterior concrete wall at an Adobe office building in Lehi, Utah, United States, on August 26, 2026. Charles-McClintock Wilson | Nurphoto | Getty Images Adobe on Thursday named Anil Chakravarthy as its next CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year….