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Douglas County Assessor Toby Damisch first suspected something was wrong when Colorado homeowners started calling his office with some unusual questions. “Hey, I hear I don’t have to pay the school property tax anymore,” he recalls constituents saying. Others told his office they had heard their property values could be capped once they turned 70….
Alternative asset managers wrapped up second-quarter earnings in recent weeks, with most reporting continued success in raising capital from the wealth channel, declines in redemption requests on select funds and teasers about additional product development. Publicly traded alternative asset managers that discussed the wealth channel included Apollo, Ares, Blackstone, Blue Owl, Brookfield, Carlyle, EQT, Hamilton…
(RTTNews) – NurExone Biologic Inc. (NRX.V, NRXBF) announced that its U.S. subsidiary, Exo-Top Inc has signed a binding memorandum of understanding with Made Scientific, Inc to establish an exclusive U.S. Good Manufacturing Practice manufacturing and exosome supply partnership supporting NurExone’s clinical and commercial programs. NurExone develops exosome-based regenerative therapies, and Made Scientific is a U.S.-based…
Rising prices and mortgage rates are keeping buyers out of the housing market, resulting in July recording the fewest residential property sales in nearly two years, a new industry report found. Processing Content Home sales fell 4.1% month over month and 0.6% on an annual basis in July, according to Redfin. Pending home sales, a…
Buyer interest in cottages has dropped by a third (32%) since H1 2023, according to analysis from Zoopla. Historically, cottages have commanded premium interest from buyers seeking an idyllic lifestyle. In 2024, the term was the fourth most searched for on Zoopla, likely a result of the ‘cottagecore’ boom – a social media led trend…
The Mortgage Bankers Association supports the Department of Housing and Urban Development’s proposal to loosen the permanent chassis requirement for manufactured homes, but the change will do little for lenders unless appraisal policy moves alongside, the group added in a comment letter. Processing Content The trade group described the proposal as a measured and appropriate…
Digital asset liquidity provider B2C2 has appointed Jason Lai, the former Chairman of Schroders Wealth Management Asia, as a Senior Advisor based in Singapore. The move is aimed at deepening the firm’s relationships with funds, asset managers and family offices across the Asia-Pacific region. A Strategic Move to Tap the Wealthy Lai built his reputation…
Risk spreads well beyond California Close to half of all at-risk properties in the top 10 states, or 49.9%, sit outside California. Colorado and Texas together account for roughly 560,000 at-risk properties and $252 billion in RCV, nearly matching the $277 billion carried by the remaining seven states — Oregon, Arizona, Idaho, New Mexico, Montana, Washington,…
Million-dollar listings held a 13.2% share of active inventory nationally in July, marginally below last year’s share and consistent with a pattern already visible in our tracking of the markets where ultra-luxury buyers showed up in June. Beneath the national figures, local markets are moving in sharply different directions. “The national luxury market continues to…
Trump administration leaders have doubled down on their criticism of California homelessness policies, as local leaders pushed back. At a Tuesday press conference, Housing and Urban Development Secretary Scott Turner and Health and Human Services Secretary Robert F. Kennedy Jr. continued attacking the Biden-era “housing first” model. That model prioritizes providing housing quickly and without…