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Colliers arranged the all-cash sale of Ocean Park Plaza, a two-story, 100,700-square-foot office and medical building at 2701 Ocean Park Blvd. in Santa Monica. The buyer, an undisclosed co-educational school, plans to relocate to the property and establish its new campus there. Vice chair Sean Fulp, EVPs Mark Schuessler and Todd Tydlaska and associate VPs…
Key Points The recent public offering of Space Exploration Technologies, also known as SpaceX, has given Elon Musk fans another investment option to consider, as Tesla (NASDAQ: TSLA) now has to share the spotlight. And at a market cap of around $1.5 trillion, it is firmly behind the rocket company, whose valuation was north of…
UK homeowners are investing in cooling measures as recurring heatwaves challenge traditional property design, with external shading systems emerging as a cost-effective alternative to air conditioning units. According to Tom Greenhill, an engineer and author of the Heatwave Toolkit website, external shading can reject up to three times more solar heat than internal blinds. “Air…
“Roth assets would provide our children with tax-free distributions.”
A Michigan judge dismissed a $6 million lawsuit stemming from the bitter ownership dispute over 1 Park Row, ruling that the fight over the Lower Manhattan luxury tower belongs in New York courts. Kent County Business Court Judge Curt A. Benson sided with the building’s original developer, an affiliate of New York-based Circle F Capital,…
Temenos has completed its purchase of AI-enabled wealth orchestration platform additiv. The transaction was announced in June 2026, when it was said that the consideration for 100% of additive is equally split between cash and equity. Like Temenos, additive is also headquartered in Switzerland. Additiv develops technology used by banks and wealth managers to create and roll out wealth offerings across the customer journey. Its platform is used by financial…