Anthropic sells its IPO into Canada but lists only on the Nasdaq
Toronto and London, Ontario managers weigh a US$1.5 trillion price tag against 93 pages of risk
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Octagon Lends $48M on Missouri Office-to-Resi Conversion of Former 7Up HQ – Commercial Observer
A building that forged the rise of a soda brand in the 1960s and `70s is poised for a fizzy makeover with some fresh creative capital. A joint venture between Revive Capital Development and KAI Design + Build has secured $48.25 million of construction financing to facilitate an office-to-residential conversion of the former 7Up global…
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DFW Multifamily Distress Creates Opening For Investors As Development Slows
As new development in Dallas-Fort Worth’s multifamily market continues to cool, investor attention has turned to the region’s stock of older properties. Courtesy of Rise48 Equity Rise48 Equity acquired the more than 40-year-old Rise Apollo Heights community in Garland last year at a more than 30% discount. For the 12th straight quarter, the metro’s development…
Missouri protects mortgage lien priority when servicers modify loans
The act defines “mortgage” broadly, covering deeds of trust, trust deeds, security deeds, indentures, and deeds to secure debt. The protection is bounded, though. It applies to a listed set of changes: extending the maturity date, cutting the interest rate, changing the rate structure or index in specified ways that don’t raise the rate, capitalizing…
