Kylie Jenner sells California mansion for $5 million below asking
Reality TV superstar and fashion mogul Kylie Jenner has finally found a buyer for her longtime California mansion, offloading the home for $15.3 million.
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Non-QM specialist Truss Financial becomes latest broker turned lender
California mortgage firm Truss Financial Group announced a pivot into direct lending, making it the latest company this year to make changes in the current business environment that supports operational expansion. Processing Content A specialist in non-qualified mortgages and debt-service coverage ratio loans, Truss will begin serving as a direct lender initially in its home…
Prologis To Buy Segro In One Of Industrial’s Largest Mergers Ever
If at first Prologis doesn’t succeed, it tries, tries, tries … and tries one last time. Prologis’ San Francisco headquarters on the Pier The San Francisco-based industrial giant made what it described as a firm final preliminary offer to buy U.K.-based industrial developer Segro for more than $18.7B (£14B) on Wednesday, a $500M increase from…
Sebi’s Demat 2.0 pilot explained: How tokenised bonds help investors | Personal Finance
Corporate bonds could soon move beyond the conventional demat system, with the capital markets regulator testing a tokenised version that could make issuance, settlement and interest payments more automated. Demat 2.0 does not mean a new kind of bond. A pilot by the the Securities and Exchange Board of India (Sebi) will use distributed…
House price growth subdued in August: Nationwide – Mortgage Strategy
UK annual house price growth remained broadly stable in August at 1.6%, with house prices up 0.2% month on month, according to the latest house price index from Nationwide. Commenting on the figures, Nationwide’s chief economist Robert Gardner said market activity and house prices had remained subdued in recent months, in part reflecting the uncertain…
Soybeans Close August with Gains as Condition Ratings Fall
Soybeans saw strength to close out Monday trade, with contracts steady to 7 cents higher, led by the deferreds. September was down a penny. The cmdtyView national average Cash Bean price was up 1/4 cent at $12.53 1/2. Soymeal futures were down a dime to $3.90 on the day, with Soy Oil up 1 to 16 points. There…
Anthony Cohen of Northmarq: 5 Questions – Commercial Observer
Northmarq’s Anthony Cohen is six years into his commercial real estate career and already holds top roles at a firm noted for its leasing, sales and debt acumen. Cohen, 34, is a managing director in Northmarq’s Los Angeles commercial investment sales office and co-leader of the firm’s national net-lease and sale-leaseback group. Since 2020 —…
