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Barry Gosin will step down as CEO of Newmark at the end of the year, ending a 48-year run at the helm of the brokerage and commercial real estate services firm. Photo credit: Unsplash/Benjamin Child Gosin will continue to serve as chairman of Newmark’s operating company, Newmark & Co. Real Estate Inc., and will “focus…
Wintermute, one of the largest algorithmic trading firms in digital assets, has registered as a broker-dealer with the Securities and Exchange Commission and become a member of FINRA, moving deeper into regulated U.S. securities markets. The registration of the company’s U.S. subsidiary, Wintermute USA LLC, enables the firm to trade U.S. securities, including equities and…
Gosin has been with Newmark since 1979 and has overseen a period of substantial expansion for the business. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post…
Average fixed rates showed little movement over the past week, but the two-year rate is now 17 basis points higher than last month at 5.63%. The latest rate watch figures from Moneyfacts show the average two-year fixed rate remained flat week on week at 5.63%, as some major lenders cut prices and others increased costs….
XTB has signed a global partnership with Portuguese football club FC Porto. Under the agreement, the online trading and investment platform will become the sleeve sponsor of the club’s men’s first-team shirts in domestic competitions from the start of the 2026/27 season. The FC Porto agreement follows XTB’s partnership with Italian football club SSC Napoli…
Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in
Marcel Stötzel, lead manager of the Fidelity European Trust (LSE: FEV), isn’t deterred by claims that Europe’s economic record and outlook are just as dismal as the UK’s. “Europe is plagued by poor demographics, low productivity and high government debt, none of which are getting any better,” he agrees. Economic output per capita is half…
Fewer Canadian-based Redfin.com users are searching for U.S. homes to buy or rent. The number fell 15.3% year over year in June, according to a new report from Redfin. That compares with a 10.1% decline in May. Over the past two years, Canadian searches for U.S. homes have dropped roughly 37%, after posting a 25.7%…
A battle among brothers for a New York real estate firm is getting ugly. Steven, Michael and Edward Ostad are duking it out over investments in companies and portfolios. But a year-long legal fight over business lines and equity has devolved into explosive personal attacks, with Steven and his brothers both alleging bad behavior. Steven…
A top Senate Democrat has expressed concerns that brokerage giant Compass Inc.’s private listings network could create a “two-tiered housing market” that “increases risks of civil rights violations” in a letter to the company’s CEO, Realtor.com® can exclusively reveal. Sen. Elizabeth Warren (D-MA), ranking member of the Senate Committee on Banking, Housing and Urban Affairs,…