American Electric Power: Texas Could Make It Even Bigger

Canada’s housing market is now expected to contract in 2026, with home sales, prices and housing starts all declining amid persistently weak demand, according to an updated forecast from Canada Mortgage and Housing Corporation. CMHC expects 457,200 homes to change hands this year, down 2.8% from 470,314 in 2025. The national average price is forecast…

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Key insight: East West Bank is partnering with a nonbank lender to enter a specialty lending vertical that’s been written off by many traditional lenders.  Supporting data: East West’s $100 million airport concession credit facility marks its second deal with the Los Angeles-based Lendistry in 10 months.  Expert quote: “There’s a lot of blue ocean…

The Department of Buildings issued a partial stop-work order at 750 Third Avenue, at least the third office-to-residential conversion subject to a pause since this month’s scare at the former Pfizer headquarters. The city called for a stop to “all structural steel work” on the ninth floor and above at SL Green’s Midtown Manhattan project,…

The government has launched the Remediation of Unsafe Cladding Bill to Parliament today. The Remediation of Unsafe Cladding Bill is the latest to be added to a series of remediation efforts by several governments. In the years since the Grenfell Tower fire, the government has publicly named developers it considers responsible for unsafe buildings….