With near-term earnings under pressure, CLS Holdings is prioritising asset sales and refinancing to strengthen financial flexibility.
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A consultant seeking an $8 million payday on a pair of New York City leases claims former city official Jesse Hamilton and veteran Cushman & Wakefield broker Diana Boutross demanded a $250,000 “side payment” before allowing the deals to move ahead. Staten Island businessman Mazen Dayem is suing Hamilton, Boutross, Cushman & Wakefield and landlords…
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Towns are often perceived as quieter, slower-paced, and, crucially, more affordable than cities, according to a recent LendingTree analysis. However, this perception does not always reflect the reality of home buying. The study revealed that certain towns in the U.S. boast some of the highest housing values in the country. For instance, in Nantucket, MA,…
Iran-related headlines have jumped back to the realm of relevance this week and Wednesday morning’s overnight session kicked things up another notch. Trump declared the ceasefire to be over and is currently saying peace deal negotiations may not even continue. Markets definitely reacted with oil and Treasury yields spiking overnight. The interesting part is the…
If there’s one phrase I’ve heard more than any other over the past 12 months, it’s, ‘How do we use AI?’ It’s understandable. Every conference agenda, strategy meeting and board discussion seems to centre around artificial intelligence. Organisations are racing to adopt it, vendors are racing to sell it and everyone is understandably worried about…
Senior Living Transformation Company (SLTC) and Sabal Investment Holdings have secured $50 million to acquire and improve two senior living communities that specialize in assisted living and memory care: Daylesford Crossing in Paoli, Pa., and the Villages of Windcrest in Fredericksburg, Texas. Protective Life provided debt on the Villages of Windcrest, while Berkadia financed the…