Loan extensions are delaying a broader wave of European distressed debt sales, according to Drooms, but approaching refinancing deadlines are increasing pressure on lenders and property owners.
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Fieldwork ran from April 27 to May 21. Statistics Canada maintains the only direct provincial comparison on this measure, a table on difficulty meeting financial needs by gender and province, last updated on January 14.  The agency’s April 2026 study “Stretching the loonie” drew on 15 waves of the Canadian Social Survey collected between August 2021 and June 2025,…
The Mamdani administration has launched public review of the redevelopment of 100 Gold St. in Lower Manhattan, a major step toward transforming a city-owned site into approximately 4,000 new homes, including around 1,000 permanently affordable, rent-stabilized homes. The updated plan adds roughly 300 additional homes to previous estimates. Following a competitive request for proposals process,…
Sucden Financial has appointed Harry Clarke as Head of FX Sales for EMEA, effective 1 September 2026. Clarke reports to Wayne Roworth, Global Head of FX at the multi-asset execution, clearing and liquidity provider. Clarke joins from UBS, where he spent more than eight years in FX sales roles, most recently as a Director in…
Penalties and broader implications Gentile entered his guilty plea on September 14, agreeing to forfeit at least $750,000 and pay a minimum of $1.5 million in restitution, and was released on a $100,000 bond. Pitcher pleaded guilty the following day, agreeing to forfeit at least $635,629 and pay restitution of no less than $2.5 million….
Prior was 4.09m (revised to 4.13m) Sales -1.7% vs -2.4% prior (revised to -1.4%) Home prices +2.0% y/y Median price $434,100 Inventory at 4.6 months vs 4.6 months prior The housing market is in a steady state that isn’t helped by high mortgage rates due to rising Treasury yields. There is some steady growth in…
The city and state are trying to fight back against lawsuits targeting the Mamdani agenda. In one of the suits aimed at New York’s pied-à -terre tax surcharge, the state has now filed for a change in venue. The plaintiffs, developer Steve Wynn, former Secretary of Commerce Wilbur Ross, and his wife Hilary Geary Ross, filed…