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For mortgage market participants bracing for a potential interest rate hike from the Federal Reserve this fall, Beth Hammack has some bad news: A single dose of policy tightening may be insufficient to whip inflation down. “I would say, in general, one 25-basis-point move probably doesn’t do a whole lot for the economy, so it’s…
JLL has arranged the sale of Boulder Ponds Senior Living and Round Lake Senior Living, a 216-unit portfolio of seniors housing communities located in Lake Elmo and Arden Hills, Minnesota. JLL’s Seniors Housing Capital Markets team represented the seller, Trident Development, in the transaction and secured the buyer, LTC Properties, Inc. Lifespark will remain the…
Jason Honeyway, CEO of housebuilder Bellway, has urged the government to introduce an “immediate reduction” to stamp duty and a deposit scheme for first-time buyers to stimulate the market. The request made in the firm’s trading update comes after Prime Minister Andy Burnham ruled out any stamp duty reform in this year’s Autumn Budget,…
News Published: Wednesday, August 12, 2026, 8:41 [IST] Karnataka is set to witness a statewide bandh on Thursday, August 13, after Kannada activist Vatal Nagaraj called for a shutdown over a series of water-related demands involving Tamil Nadu and Goa. The protest is centred on issues including the Mekedatu project, the Mahadayi river dispute and…
Photo credit: Google Maps San Francisco-based KHP Capital Partners sold a West Hollywood hotel to an overseas investor. KHP sold the 105-room Kimpton La Peer West Hollywood to family-run Japanese hotel corporation APA Group for $63M, or $600K per room, The Real Deal reported. APA is no stranger to the Kimpton brand, having partnered with…
The Reserve Bank of Australia (RBA) has held the cash rate at 4.35 per cent, offering borrowers a reprieve as stubborn inflation, higher energy costs, and mounting economic uncertainty threaten to weigh further on growth and housing activity. The board said that financial conditions tightened following three cash rate rises this year, with higher market…
Marex Group said Monday that it has agreed to acquire Brainchild Capital Investments, a Netherlands-based clearing and execution business. The acquisition extends the financial services platform’s reach into derivatives and physical markets in power and gas. BCI operates across energy and environmental markets, including physical delivery and hedging capabilities in power and gas. The company was…
Artificial intelligence-powered wealth management platform Vise is moving from SoHo to 50 Ninth Avenue in the Meatpacking District, where it will quadruple its office space to 11,949 square feet. The space spans the second floor of several combined historic townhomes along the Ninth Avenue frontage and therefore has dramatic, over 20 foot-high pitched ceilings and…
Gov. Greg Abbott is using uncharacteristically heavy-handed government intervention to question data center developers’ needs. The construction pipeline in Texas will make it the world’s largest data center market, according to a new report from JLL. But opposition to data center development has become bipartisan, even among rural Texans. The governor’s latest directive halted all…
SHANGHAI, Aug. 11, 2026 /PRNewswire/ — Laekna (2105.HK) announced today that the New Drug Application (NDA) for LAE002 (afuresertib) has been accepted by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) for the treatment of patients with locally advanced or metastatic HR+/HER2- breast cancer (LA/mBC) with PIK3CA/AKT1/PTEN alterations, following recurrence…