!“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
An artificial intelligence-driven infrastructure technology company is relocating its offices to Midtown. Philadelphia-based Treeswift signed a four-year, 7,487-square-foot lease on the entire 11th floor of the Hakimian Organization’s 256 West 38th Street in an expansion of its New York City operations, according to landlord broker Lee & Associates NYC. Asking rent was $39 per square…
Mortgage rates rose modestly on Thursday, with multiple lenders making mid-day adjustments in response to bond market volatility. Bonds remain highly attuned to war-related developments and the impact on oil prices which, in turn, have a bearing on inflation implications. Higher inflation begets higher interest rates, all else equal. In addition to the oil/inflation narrative,…
EUROPEAN SESSION In the European session, we have the final Spain’s Q2 GDP which is expected to confirm a 0.7% quarterly growth vs 0.7% in the preliminary reading. The data won’t change anything for the ECB, though, so the market reaction will likely be muted. The markets are currently focused on renewed hopes for quick…
The Lehigh Valley’s deep-seated manufacturing legacy has left it with ample access to power, but that doesn’t necessarily mean it is a good fit for the booming data center industry. A view of an industrial property in the Lehigh Valley Developers in the sector are prioritizing other parts of the state due to the Lehigh Valley’s lack…
Key takeaway: An equity capital raise and an associated loan sale are intended to decisively address credit-quality issues that have dogged BCB Bancorp. Forward look: The company’s third-quarter loss will likely fall between $126 million and $136 million, it said. Expert quote: “This is frankly the price to be paid for moving quickly as opposed…
Brilliant Solutions has become the latest firm to join the Equity Release Council. The mortgage club and specialist distributor works with advisers across the UK. Jim Boyd, CEO of the Equity Release Council, said: “People’s borrowing needs can change considerably as they get older, so it is important that the mortgage and later life…