Ghost condos expose risks in Chinese-backed LA development

Moneta Markets Capital, the FCA-authorised UK subsidiary of Moneta Markets, reported turnover of £780,000 for the financial year ended 31 March 2026, up 118% from £358,425 a year earlier, according to accounts filed with Companies House. The company returned to profit, posting £77,386 against a £100,708 loss in FY2025. Operating profit reached £71,533, compared with…

Simon Property Group’s second quarter offered more evidence that the nation’s largest mall owner is carrying its post-pandemic run into the second half of 2026. The real estate investment trust said Monday that its quarterly revenue, funds from operations (FFO) and tenant sales are all climbing while the company’s leaders raised its full-year outlook again….

Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Michael Saylor, has recently introduced a suite of refined BTC-centric performance indicators that explicitly account for its debt obligations and preferred stock. The update reflects the firm’s evolving capital structure. As preferred equity—often labeled “digital credit”—has grown into a major funding source for Bitcoin acquisitions, alongside remaining…

Key insights: Synchrony Financial recorded its highest purchase volume ever in the second quarter as consumers across all credit buckets spent more on discretionary purchases. What’s at stake: The Stamford, Connecticut based lender joined the chorus of banks enjoying the boons of the current credit cycle despite ongoing affordability concerns and persistent inflation.  Forward look:…

Atlas VMS is acquiring an artificial intelligence platform that protects lenders from government-sponsored enterprise repurchase risk by continuously monitoring active mortgage loan pipelines against live federal disaster data. Processing Content The valuation and mortgage solutions company bought CloseClear.ai, which matches loans against disaster areas at the ZIP and county level, with exact-coordinate precision when available,…