AI stocks are probably in a bubble — but might be worth holding on to, says Citadel’s Ken Griffin
Investors are for sure facing “bubbles,” but Ken Griffin isn’t telling investors to dump those stocks.
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Paragon reduces selected BTL mortgage rates by 15bps
Paragon Bank has reduced rates by 15 basis points (bps) across a selection of five-year fixed rate buy-to-let (BTL) mortgages. The reduced rates are available for landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs). Within the SSC range, rates now start from 4.95% in Paragon’s…
San Francisco Home Prices Are Now $1 Million Higher Than Housing-Crash Bottom
San Francisco’s median home-sale price dropped to a low of $625,000 in the aftermath of the Great Recession; since then, it has risen over $1 million to more than $1.7 million. The tech industry and recent AI boom have helped propel home prices, enriching homeowners while making America’s most expensive housing market even less affordable…
Rockpoint Buys Oceanfront Fort Lauderdale Hotel for $47M – Commercial Observer
Rockpoint and Newbond Holdings have paid $47.1 million for an oceanfront resort in Fort Lauderdale, Fla., property records show. Called Hotel Maren Fort Lauderdale Beach, the property features 141 rooms at 525 South Fort Lauderdale Beach Boulevard, adjacent to Seebreeze Boulevard, south of Las Olas Boulevard. Magna Hospitality Group sold the 245,081-square-foot hotel, which is…
