Lean hog futures are trading with contracts holding near unchanged, with nearby gains of a nickel to losses of a tick. USDA’s national base hog price was at $89.65 in the Friday AM report. The CME Lean Hog Index was down another 28 cents on August 26 at $92.14. USDA’s…
Blackstone-backed ASK Property Fund on Thursday inked a Rs 500-crore platform arrangement with Bhumika Group to invest in residential real estate developments, including plotted housing projects across key National Capital Region (NCR) micro-markets. As part of the platform, ASK Property Fund will make an initial investment of Rs 125 crore in a…
Back in early June, RXR’s Midtown jewel, the Helmsley Building, was put up for sale after a long default process reached its inevitable end. There were a lot of things about that headliner story that had real estate observers chattering, but one of the big things was who the Helmsley’s commercial mortgage-backed secrities (CMBS) loan’s…
Forward look: FirstSun is predicting a sharp decline in net charge-offs during the second half of 2026 after experiencing a second-quarter surge. Expert quote: “The reality is we have no loans anywhere close to our legal lending limit, and we take concentration seriously.” — FirstSun CEO Neal Arnold Supporting data: The company shrank its balance…
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Serve Robotics (SERV 1.55%) develops last-mile logistics solutions. It believes robots and drones are perfect for delivering food, retail goods, and other small commercial loads, because they are far more efficient and less expensive than current human-driven solutions. Thousands of Serve’s latest Gen 3 robots are already making deliveries through platforms like Uber Eats and…
States are moving full speed ahead to finalize their maps for the second iteration of the Opportunity Zone economic development program before a late September deadline. While it remains unclear which parts of Philadelphia will be included in the program that offers tax breaks to developers in certain areas, city officials have already provided their…