The acquisition expands Slate and OneIM’s existing partnership and their investments in essential real estate across the Nordic and German markets.
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OpenAI and Google both released faster artificial intelligence models this week. Both put speed at the center of the pitch, and both are starting to treat response time as something businesses will pay for on its own. OpenAI’s new tier is called Ultrafast, and for now it is a preview open to a small group…
Rates remain under pressure from persistent inflation and volatile oil prices tied to geopolitical tensions in the Middle East. The weekly average 30-year fixed rate stood at 6.58% for the week ending July 23, the highest in 11 months, according to Freddie Mac‘s Primary Mortgage Market Survey. Regional data reveals sharp divergence Metro-level data from…
Key insight: Credit unions have long led banks on traditional customer service metrics, but they are currently struggling to match banks’ digital service scores. The answer may be deeper collaboration with fintech partners. Supporting data: A 2026 American Customer Satisfaction Index study reveals that credit unions face a new challenge in declining digital customer satisfaction…
Machine Investment Group, LP, a New York City-based real estate investment platform focused on opportunistic, distressed and special situations across the U.S., reached the final close of Machine Real Estate Fund II, the firm’s second flagship investment vehicle. Fund II reached its $350 million hard cap in primary commitments and has raised an additional $120 million in co-investments to date. Fund…
Bank of Canada rate hold keeps renewal pressure building Among those facing increases at renewal, roughly 75 percent hold five-year fixed-rate mortgages. Payment increases are expected to average around 20 percent. That gives brokers a concrete starting point in renewal conversations. Clients who locked in at historically low rates in 2021 and 2022 are renewing…
New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned. A fund managed by Dwight Investment Management, a registered investment adviser affiliated with Dwight Capital, provided the nonrecourse, interest-only loan for the 216-unit Cosmo 440 project in Newark’s South Ward…