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After Andy Ansin’s father passed away in August 2020, the family’s media empire and vast real estate portfolio, including massive land holdings that had sat untouched for decades, were left to him. One of the first things the now-third-generation CEO of Sunbeam Properties did was meet with developers to discuss building something ambitious on one…
Hedging, HELOC, Compliance Tools; IMB Costs Still $11k Per Loan; Weak Housing Numbers Everyone is racing to bolt AI onto their lending process. QAwerk’s Konstantin Klyagin says most of them are skipping the boring part that actually matters, and it’s going to catch up with them. His argument: an AI agent that can’t…
In This Article It’s hard to argue with a purchase price of $160,000 and a median monthly rent of $1,300, even in a high interest rate climate. Those median figures are why Birmingham, Alabama, has topped Realtor.com’s list of the top 50 U.S. cities for investors. Birmingham had the highest net share of investor homebuyers…
With this year’s crop of superstar IPO filings, including SpaceX and Anthropic, there has been a greater focus on the role venture capital plays in investors’ portfolios. The stage at which promising companies go public has moved much later in their evolution, meaning that investors seeking the outsized returns of betting on the next Apple,…
OpenAI will publicly launch its GPT-5.6 Sol, Terra and Luna models Thursday (July 9) after initially limiting their release at the request of the U.S. government. The artificial intelligence company announced its plans in a Wednesday (July 8) post on X, adding that it is already expanding preview access to the models globally. OpenAI CEO…