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Why Do Commercial Developers Often Utilize Bridge Loans for Construction Projects?
Introduction: In this article, I’ll explore why commercial developers often turn to bridge loans as a preferred financing option for their construction projects. Bridge loans have gained popularity among commercial developers due to their unique characteristics and ability to address specific financial needs during construction. Understanding the reasons behind the widespread utilization of bridge…
Trump says housing bill is ‘fine’ but still holds off on signing
President Donald Trump said a bipartisan housing bill he has refused to sign was “fine,” seeming to suggest it could become law even as he has withheld his signature in a bid to secure a voter identification law he sees as a bigger priority. Processing Content “The housing bill is fine. There’s a lot of…
Shellpoint force-placed flood insurance on a covered condo, foreclosure suit alleges
In October 2024 the servicer sent a flood insurance notice, but the borrower says the link she needed to upload her proof was buried in small print at the bottom of the page. On November 18, 2024, Shellpoint force-placed a flood policy and began drawing the premium from her escrow. She says she found the link that same…
Calculated Risk: Hotels: Occupancy Rate Increased 4.4% Year-over-year
by Calculated Risk on 1/11/2026 08:12:00 AM Hotel occupancy was weak in 2025. It is difficult to tell early in the year because travel is always weak in early January. From STR: U.S. hotel results for week ending 3 January The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through…
Court upholds personal costs order against director who swore faulty affidavit
What followed was years of litigation against Central 1 and Grant Thornton arising from the same events. On February 29, 2024, UM commenced the action at issue, claiming $5 million for breach of contract, negligence, and misrepresentation. Its theory was that the two firms had misled UM and the courts about the effect of Grant Thornton’s discharge…
Vantage Launches 24/7 Gold CFD Product | LeapRate
Multi-asset CFD broker Vantage has launched XAUUSD247, a new over-the-counter gold CFD product available 24 hours a day, seven days a week, including weekends. The move comes as demand for round-the-clock precious metals trading continues to grow and as the CME Group recently announced plans to expand trading of certain gold futures contracts to 24/7. …
