Ukraine strikes Russian space centre linked to Rassvet satellite network
Ukraine strikes Russian space centre linked to Rassvet satellite network
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Multifamily Construction Surges as Single-Family Homes Trail
High mortgage rates caused builders to continue pulling back in June on new single-family homes, but but the multifamily sector surges, the U.S. Census Bureau reported. Single-family housing starts in June were at a seasonally adjusted annual rate of 895,000, down 0.2% from May and 3.2% less than a year ago, Realtor.com reported. The pullback…
Franklin Templeton agrees to acquire majority stake in Stoneshield
Franklin Templeton’s Stoneshield deal will triple Clarion Partners’ European AUM to $13bn and strengthen its opportunistic real assets platform. CRE Herald Create a free account to access this article and get our Weekly Highlights delivered straight to your inbox. Login To Unlock The Content! Previous…
FDIC Advances Plans For Independent Standards Body To Certify Banking Service Providers
The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims to establish a body that would define baseline criteria aligned with federal regulatory expectations and…
The Real Estate Dispute Behind the Kips Bay AMC Closure
The Kips Bay AMC is, as far as New York movie theaters go, just fine. But now the theater is at the center of a real estate dust-up that has gotten local politicians and residents up in arms, hoping to save their beloved 15-screen chain multiplex. The real estate transactions at the center of the…
RFR Back as Buyer, Purchases UES Retail Condo for $57M
Aby Rosen’s RFR has recently faced some difficulty keeping possession of iconic New York buildings, but the firm has found its luxury footing with an Upper East Side retail purchase. RFR acquired the condo at 841 Madison Avenue on East 70th Street from Status Capital and the Safra-associated JSRE Acquisitions for $57 million, the Commercial…
The Best Short-Term Rental Market in Every State Ranked by Gross Yield
In This Article Every “best cities for Airbnb” list has the same markets: Gatlinburg, Joshua Tree, Scottsdale, and the Smokies. We looked at things differently to show you what the data is actually saying. This data produced Sandusky, Ohio. BNBCalc pulled it themselves: 462 cities across all 50 states, every one backed by at least…
