Buyers are more ready for AI than brokers might expect, survey finds
Despite being in ‘top of the first inning’ with AI, a new survey shows just how far consumer trust in AI has come
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London Credit lowers rates and launches Prime Development offering
London Credit has enhanced its property development finance proposition, reducing rates across its mainstream development range and launching a new Prime Development offering. The lender has reduced rates across its mainstream development range by 1% per annum. London Credit also introduced a new Prime Development offering. It is designed for lower-risk development projects, with…
Sunday Summary: Unpacking the Near-Collapse at Pfizer HQ – Commercial Observer
Real estate journalism is a somewhat specialized field — but last week a piece of industry news was blared on front pages far and wide. Two steel support structures at the former Pfizer headquarters at 235 East 42nd Street buckled on July 7, and five floors at the building began to cave in. The site…
Why Estate Plans Fail Without Ongoing Asset Alignment
Remember those 1990s infomercials for the Ronco slow-cooking rotisserie oven? “Set It and Forget It” became a popular catchphrase and a game-changing convenience for working families. But when “set it and forget it” is applied to estate planning, it’s easy to get burned. How many of your clients finally get around to creating a will…
Saudi Arabia Data Centre Expansion Could Require Up To $42B In Capital
Saudi Arabia’s planned expansion of data centre capacity could require between $28 billion and $42 billion in project capital as the Kingdom seeks to scale digital infrastructure to support artificial intelligence, cloud computing, and its broader economic transformation, according to a report by Alvarez & Marsal (A&M). The report estimates that between $14 billion and…
Bipartisan Senate bill lifts PABs cap to $45 billion
“Our bipartisan bill would help state and local governments supercharge their infrastructure financing,” said Sen. Tammy Duckworth, D-Ill., about the TURBO Act.Bloomberg Lifting the federal cap on tax-exempt private activity bonds, a key wish of transportation, public-private partnership and municipal market advocates, would be granted under a bipartisan Senate bill that would also expand the…
Kelly Stowell rejoins Accord as regional sales manager – Mortgage Strategy
Accord Mortgages has appointed Kelly Stowell as regional sales manager for London, the South-East and Northern Ireland. Stowell returns to Accord after three years with NatWest’s private banking division. Having originally joined Accord as an underwriter in 1997, she was part of the team during the early years of the firm. As regional sales manager,…
