Howard Hanna enters Alabama with ARC and Capstone deal
Processing Content What’s at stake: As legacy wealth firms tighten their business models, smaller but growing entrants to clearing and custody like RQD* Clearing could capitalize on the opportunity. Supporting data: This summer the Bain Capital Tech Opportunities fund led a minority growth investment of $74 million in RQD. Expert quote: “There is an opportunity…
GB Bank has completed a £33 million bridging finance facility secured against a mixed-use London property portfolio, delivering the funding within seven days to meet an exchange deadline. Working with broker SHC Capital, the lender provided an initial facility against an unencumbered portfolio of income-producing assets. The borrower, an established property investor with more than…
The National Association of Home Builders (NAHB) estimates the national housing shortfall at approximately 1.2 million units. Higher Treasury yields are pushing mortgage rates higher, but Kristin O’Neil of Open Door Lending says many buyers are choosing to move forward as home prices and tight inventory continue to pressure affordability.https://t.co/Xdsj29b3e5 — Mortgage Professional…
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Investors clearly weren’t eager to walk or, more accurately, run a mile in Nike‘s (NKE -0.71%) shoes after the company reported fresh quarterly earnings after market close on Thursday. The company beat on earnings in its first quarter of fiscal 2027 but whiffed on revenue, and proffered weak guidance to boot. Clearly underwhelmed by this…
Rexford Industrial Realty continued its transformation from Southern California’s biggest industrial buyer into one of its largest sellers during the third quarter after completing $1.3 billion in property sales. The Los Angeles-based real estate investment trust (REIT) sold 25 properties totaling 5.5 million square feet during the quarter, including the previously announced $1.2 billion sale…