Mortgage AI Integration Depends on Connected Systems

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New York City’s largest self-storage provider has lined up more than $2B in CMBS financing, doubling down on its local presence despite increased scrutiny of the industry.  Wikimedia Commons/Jim.henderson A Manhattan Mini Storage facility at 541 W. 29th St. Manhattan Mini Storage is planning to refinance a 16-property portfolio with debt provided by Citi Real…

The new joint venture will develop build-to-rent projects in Berlin, Munich, Hamburg and Frankfurt and has already secured its first transaction. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content!   …

For mortgage market participants bracing for a potential interest rate hike from the Federal Reserve this fall, Beth Hammack has some bad news: A single dose of policy tightening may be insufficient to whip inflation down. “I would say, in general, one 25-basis-point move probably doesn’t do a whole lot for the economy, so it’s…

By Nojoud Al Mallees (Bloomberg) — The Canadian economy is on track for a stronger-than-expected rebound in the second quarter, as oil and gas led growth in May for a second consecutive month. A preliminary estimate suggests real gross domestic product expanded at an annualized rate of 3.4% between April and June, according to Statistics…