CFPB ends consumer complaint narratives after years of industry pushback
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Kings Capital Buys Vacant FiDi Building
Kings Capital acquired a long-vacant 17-story building in Manhattan’s Financial District with plans to convert it into a sleek rental building. The development group, led by George Giannopoulos and Jeffrey Znaty, purchased 69 Gold Street from New York Presbyterian Hospital for $30.1 million, according to a source familiar with the matter. The developer is also…
Older home owners postpone downsizing as market softens
One in three older home owners is delaying downsizing as Australia’s property market softens, with many exploring other ways to unlock equity, new data has revealed. A survey by reverse mortgage brokerage Seniors First found 33.7 per cent of Australians aged over 55 had put off plans to sell their home, while approximately six in…
Mortgage Rates Sideways to Slightly Lower
It’s not at all uncommon for mortgage rates to experience microscopic movement in either direction on any given day. In fact, it’s probably the most common eventuality over time. In that sense, today was unremarkable with the average lender moving just a hair lower versus yesterday’s latest levels. But in another sense, it’s very good…
Paris’ Capital 8 changes hands in Continental Europe’s biggest office deal since 2022
Prime office assets continue to attract international investor demand. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Paris’ Capital 8 changes hands in Continental Europe’s biggest…
US ETF flows rise but investors flee Europe
One of the best ways to gauge how your fellow investors feel about the market is to follow the money. The flows of cash in and out of European exchange-traded funds (ETFs) during June suggests a pivot back towards US stocks and funds and away from their European counterparts, according to analysis of etfbook.com data…
Stock Indexes Supported as Amazon Earnings Bolster Tech Stocks
The S&P 500 Index ($SPX) (SPY) today is closed up +0.23%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.75%. September E-mini S&P futures (ESU26) are up +0.17%, and September E-mini Nasdaq futures (NQU26) are up +0.64%. Stock indexes are moving higher today, with the S&P 500 and…
