Pallas Capital has secured a £200 million senior funding line from a European debt fund.
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Aby Rosen is ratcheting up his fight with SL Green. Rosen’s RFR in December bought a $1 million apartment in the residential condo building at 5 East 44th Street. What would Rosen — who basks in a lavish lifestyle of high-end art and a private yacht — want with such a modest home? As it…
About six months after giving up its Cyprus licence, Squared Financial appears to have gone dark on its Seychelles-based offshore operations as well. The contracts for difference (CFD) broker is not allowing new account openings for either individuals or corporate clients. The broker’s website is constantly showing the message “failed to check email. Please try…
“Housing affordability has improved from a year ago,” Khater said, “and recent increases in purchase and refinance applications suggest that borrowers continue to respond to even modest changes in mortgage rates.” Why brokers aren’t hitting the panic button Rate relief doesn’t seem to be on the way anytime soon, with financial markets continuing to weigh…
By Michael MacKenzie, Ye Xie and Greg Ritchie (Bloomberg) — The message from the bond market was clear: For all of Federal Reserve Chairman Kevin Warsh’s tough talk about taming inflation, he’s not rushing fast enough to deliver. After the Fed kept interest rates unchanged for a seventh consecutive month on Wednesday, investors dumped 30-year…
Warsh Speech at Jackson Hole Prompts Heavy Selling 1 Hour, 41 Min ago Hawkish Read on Warsh Prompts Heavy Selling Jackson Hole speeches are hit and miss when it comes to bond market volatility. Today’s Warsh speech was something of a direct hit–more than enough to sink the battleship of anyone hoping…
A rental listing in Walnut Creek, CA, has sparked outrage amongst renters—thanks to its $200 monthly fee for tenants who work from home. In an already suffocating housing market where tenants feel stretched to the brink, this particular landlord is charging $3,250 monthly rent (which reportedly covers utilities and Wi-Fi), then tacking on the $200…