Closings per market shows why some builders scale faster

Massachusetts Gov. Maura Healey has signed an executive order to prevent data centers from seeking state-level approvals without local support. Healey’s new order prevents data centers over 25 megawatts from seeking state permits unless they have local approvals. She also directed the state’s agencies to enforce a framework she announced this summer requiring the developments…

During Harris’ time in the role, the bank’s AWM business expanded to more than $8tn in client assets under supervision, from about $2tn. Credit: Chayanit/ Shutterstock.com. Julie Harris, who oversees operations for JPMorgan Chase’s asset and wealth management (AWM) division, plans to retire in early 2027, according to an internal memo seen by Reuters.  The…

U.S. commercial banks have the highest exposure to the growing mountain of data center debt, but global banks have also poured billions more into U.S. projects, beating out private credit among the largest lenders to the world’s fastest-growing property type.  Data centers and their related infrastructure in the U.S. carry at least $1.3T in debt,…

Over half of parents charging rent to adult children living at home return some or all of the money to help them save for a property deposit, according to research by Nationwide Building Society. The survey of more than 2,000 parents found that 54% use rent payments as a savings mechanism for their children’s homeownership…

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Kimberly-Clark seeks EU approval for $40 billion Kenvue deal