Asbury Automotive falls as earnings miss analyst estimates

Asbury Automotive falls as earnings miss analyst estimates

Asbury Automotive falls as earnings miss analyst estimates
In This Article A screwdriver, a hammer, a saw, and a wrench come from the same toolbox but are for different jobs. You wouldn’t grab one at random and expect it to do what you need for a specific project. You’d reach for the one built for the task in front of you. When you…
YBS Commercial has added a three-year tracker product to its range for multi-unit freehold blocks (MUFBs). The product is available for MUFBs with seven or more units and priced at 4.99%, 1.24% above the base rate. It is available up to 75% loan to value (LTV) with a 2% arrangement fee, on a capital and…
The 42-unit residential conversion of a former Roman Catholic school at 560 Sterling Place in Crown Heights, Brooklyn, is well underway. Watermark Capital Group’s redevelopment project at the corner of Classon Avenue and Sterling Place is going ahead at a former school campus owned by its neighbor, St. Teresa of Avila Roman Catholic Church. SEE…
Putting today’s concerns into an existential answer Many of the concerns and questions that Carney is hearing now stem from the ‘good problem’ of strong market returns and unanticipated wealth. With many of his older baby boomer clients now wealthier than they had anticipated at this juncture, they’re seeking outlets for that excess capital. Sometimes…
Arrow Real Estate Advisors continues to ramp up its roster nearly two years after its founding. The capital markets advisory firm founded by Morris Betesh in fall 2024 has added Ari Mandelbaum, a former lender at Greystone and Dwight Capital, as a director to help grow its multifamily debt placement business, Commercial Observer has learned….
Beginning in 2026, the number of people turning 18 in the U.S. will shrink each year for the foreseeable future—a trend that will be devastating to college enrollment, particularly at small, regional private universities. Since 2016, roughly 150 colleges and universities have already closed, merged, or otherwise consolidated, according to a running tally from Higher Ed Dive….