Fairway’s Christine Jensen on reverse mortgage reform

In a joint venture with LaSalle Investment Management, Starboard has acquired seven hotels from Ares Real Estate Funds and EQ Group. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content!   …

The busy summer for Manhattan office market isn’t letting up. Telecommunications giant Comcast inked a major relocation to consolidate one of its departments in a Times Square skyscraper. Photo credit: Google Maps BDT & MSD Partners and GFP Real Estate’s 1540 Broadway The Philadelphia-based company took 140K SF at BDT & MSD Partners and GFP…

Key insights: Western Union and stablecoin payments platform Rain are launching Stablecard, a digital wallet and Visa secured credit card backed by Western Union’s stablecoin, USDPT.  What’s at stake: Legacy retail remittance providers such as Western Union are under pressure from new digital remittance platforms and ongoing immigration enforcement, and are turning to digital assets…

Electric vehicle manufacturer Rivian automated one of the more tedious jobs in corporate finance: tracking how much to set aside for custom manufacturing tools it has ordered but not yet received a bill for. Rivian built an artificial intelligence system on Amazon Bedrock and eliminated more than 15 days of manual work per close cycle,…

The Securities and Exchange Commission has proposed changes to how crypto assets can be custodied in the wake of Congress’s failure last month to pass digital asset legislation. Notably, the proposed changes the SEC unveiled on Thursday would allow RIAs to self-custody clients’ crypto assets under certain conditions. The proposals garnered a range of reactions;…