LondonMetric has sold seven assets for £85m, while pursuing a further £140m of acquisitions at yields above 6%.
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Key insight: Federal Reserve Gov. Lisa Cook reiterated an earlier position that she is ready to raise interest rates, but added more insight into why she did not vote in favor of a hike at last week’s FOMC meeting. Expert quote: “The longer inflation is above target, the more likely this scenario becomes. Thus, while…
Prosper Portland, the economic and urban development agency for the city of Portland, announced two additions to the agency’s leadership team. Lisa Pettinati will serve as the agency’s director of real estate and community development, and Jenna Diallo has been selected as the agency’s director of capital access. Pettinati will lead the agency’s urban development…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 19, 2026 Minutes of the Federal Open Market Committee, July 28–29, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of…
Invictus Real Estate Partners has secured $67.2 million to refinance Eliot on Ocean, a 194-unit multifamily property in Revere Beach, Mass., a coastal submarket five miles outside of Boston. Bridge Investment Group Holdings provided the debt, structured as a three-year, floating-rate loan, while a JLL Capital Markets team of Scott Aiese, Tom Sullivan and Alex…
By Daniel Johnson Home resales have been on a “winning streak since April,” the report said, with inventory levelling off and prices showing signs of stabilizing. There is room for gradual progress going forward, as improved affordability and job prospects lift confidence, it added. “The key to the outlook will be the extent to which…
German government not stopping UniCredit's takeover of Commerzbank, Merz says