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Afin Bank has launched a regulated bridging proposition lending up to 80% loan to value (LTV) gross, designed for borrowers with time-critical funding needs. It is aimed towards borrowers who need funds for instances like a purchase before a sale or a delay in sales. John Smith (pictured), head of bridging at Afin Bank,…
Elaine Misonzhnik is Senior Editor, Investments at Wealth Management, focusing on alternative investments. She has over 20 years of experience as a business reporter and editor, including for Retail Traffic and National Real Estate Investor magazines. Prior to her current role, she was the Executive Editor at Wealth Management Real Estate, which covered the intersection…
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How a focus on consumer tech gives Apple an AI advantage The story of Apple Silicon isn’t too dissimilar to Nvidia’s rapid rise in the first days of the AI theme. Where Nvidia’s GPUs were the best processing units because they served a market for gaming graphics, Apple has built a high-quality integrated software and…
Architecture firm Rock Architecture & Engineering has signed a 3,835-square-foot deal to extend and expand its presence at GFP Real Estate’s 630 Ninth Avenue, the landlord announced Thursday. The firm, which specializes in building restoration projects and gets its name from a focus on solid foundations, will move from the sixth floor to the 10th floor of…
Changes to the ownership structure of Purplebricks parent company Strike have emerged following Companies House filings, alongside overdue annual accounts for both entities. Charles Dunstone, the billionaire founder of Carphone Warehouse, is no longer listed personally as a person of significant control at Strike, according to documents filed yesterday. Instead, his investment vehicle Freston Ventures…