Wake up! The long bond’s up two points!

Steven Roth isn’t taking the money and running. The Vornado Realty Trust CEO said Tuesday that the REIT will exercise its option to acquire its maximum 36 percent stake in the planned 2 million-square-foot office tower at 350 Park Avenue, joining Ken Griffin, who controls a 60 percent interest, and Rudin, which will own the…

Build or rent? FX and CFD brokers looking to add event contracts face a familiar infrastructure choice: build their own venue or connect to an existing one. For Kalshi’s Head of Institutional Andy Ross, the answer starts with liquidity: “You want to go to the place that’s got all the liquidity.” The liquidity argument also…

Credit card issuers can lose a customer’s spending without losing the customer. Among consumers who changed their primary credit card in the past two years, 58% made a card they already held their new primary card. Just 42% obtained a new card for that purpose, according to “The Switching Trigger,” a PYMNTS Intelligence report produced…

From backyard intruders to dumpster management, Brivo, a cloud-native artificial intelligence-driven security company, is looking to make commercial and multifamily properties more secure with AI-enchanced video agents. In March, the Bethesda, Md.-based company introduced Eeva, a real-time AI video agent that keeps an eye on issues ranging from retail crime, workplace safety, illegal dumping and…

The acquisition takes MCR’s Sheffield PBSA presence to almost 2,000 beds. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already have an account? Log in   Previous articleAND Capital and Forshaw target £185m…