PHP will use proceeds from the joint venture to repay debt, including its acquisition bridging facility and a £266m term loan.
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Investors like big, round numbers, which is what Anthony Scaramucci, founder of SkyBridge Capital, suggests in his assessment of Bitcoin (BTC +1.29%). In his defense, that’s likely to be true. However, it highlights an important factor you shouldn’t ignore when considering Bitcoin. Here’s why $100,000 was an important level, according to Scaramucci, and why he…
Merit Financial Advisors, an Atlanta-based registered investment advisor overseeing $33 billion in client assets, announced a planned succession strategy, with President Kay Lynn Mayhue becoming CEO and founder Rick Kent moving into the role of executive chairman. The change will take effect on Jan. 1. With the transition, Mayhue will take the top job after…
What has happened on the potential Sunnyside Yard project since Mayor Zohran Mamdani revived talk of it in February? “Nothing,” says Carlo Scissura, president and CEO of the New York Building Congress. “There’s no vision, there’s no grant application. There’s nothing.” Mamdani pitched President Donald Trump earlier this year on providing $21 billion in federal…
Trade Republic Account Switch; eToro and Alpaca Get SEC Relief Trade Republic Account Switch; eToro and Alpaca Get SEC Relief Trade Republic Account Switch; eToro and Alpaca Get SEC Relief Trade Republic Account Switch; eToro and Alpaca Get SEC Relief Trade Republic Account Switch; eToro and Alpaca Get SEC Relief Trade Republic Account Switch; eToro…
The Massachusetts House of Representatives has voted to approve a bill that would allow churches, synagogues and other religious institutions to build housing on their property. Known as Yes in God’s Back Yard (YIGBY), the measure passed as part of a $561-million economic development and competitiveness bond bill. It needs to be approved by the…
The 10-year Treasury yield reached 5.23% on Friday, Sept. 25, its highest level since 2007. In 2023, by comparison, the yield’s highest close was just under 5%. And the rise has been quick. The benchmark yield began 2026 at around 4.2%, stood just below 4.8% at the start of September, and was back under 5%…