Why is GMO Internet stock plummeting today?

AVI acts as investment manager to three trusts listed in London. Credit: Indypendenz/ Shutterstock.com. Pacific Asset Management has agreed to acquire the entire share capital of Asset Value Investors (AVI), becoming the institutional partner of the independent boutique fund manager. The combination links two investment management firms, with Pacific providing infrastructure, technology, operations and investor…

Over the coming decade, an unprecedented volume of privately held U.S. businesses is expected to change hands. Estimates vary, but many analyses value this shift at $5 trillion or more, driven largely by founder retirement and generational turnover. For families that have spent decades building an enterprise, succession is more than a transaction. The business…

In June, the median monthly rent requested across the 50 largest metro areas decreased to $1,692, representing a decline of 1.5%, or $25, compared to the previous year. This reduction signifies the 35th consecutive month of year-over-year decreases, as a prolonged boom in multifamily construction continues to exceed national demand, as reported in the Realtor.com…

The loan did not stay with the original lender. The trustee says it was assigned into the trust effective May 20, 2026, the securitization step that places a loan into a CMBS pool.  The filing then sets out the alleged defaults. It says two of the loan’s guarantors filed for Chapter 11 bankruptcy in New Jersey on…