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Plans for Google‘s highly anticipated Thompson Center redevelopment are nearing completion, almost four years after the tech giant announced its intent to move into the iconic Central Loop building, with the company expected to occupy more than half of the space. Google is expected to take at least 600K SF of the 954K SF of…
Roma Finance has launched a commercial mortgage range, following the extension of its forward flow agreement with JPMorgan. The range offers loans up to £2m to property investors, trading businesses and operating companies, and property company (opco-propco) structures across England, Scotland and Wales. Rates start from 7.1% up to 70% loan to value (LTV),…
A new Redfin analysis takes a look at how much Bay Area real estate OpenAI and Anthropic employees could hypothetically purchase with their IPO earnings, in the wake of two massively valuable AI companies filing confidentially to go public. OpenAI employees could buy 20% of all homes in San Francisco, or 15% of all homes…
US House to vote on bill to make daylight saving time permanent
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Each task force will co-led by three external advisors, will operate independently and will be supported by Fed staff, the Federal Reserve said in a Thursday (July 9) press release. “The goal is…
You want to save for retirement, but finding the cash is tough. Even with a budget that minimizes discretionary spending, you still have bills to pay and more immediate financial goals to save for. All you can afford to spare is $100 per month. That might not seem like much, but it could go surprisingly…
Slightly Stronger But There’s a Catch 3 Hours, 7 Min ago Slightly Stronger But There’s a Catch Bonds had a decent day with MBS up more than a quarter point and 10yr yields down 3bps to 4.54+. While that adds some emphasis to the rejection of a technical breakout above 4.59%, we…
Mortgage search activity strengthened during June, with both month-on-month and year-on-year volumes increasing across most major lending categories, according to the latest Mortgage Market Snapshot from Twenty7tec. HOusing boom Affordable Accommodation Decide mortgage loan, investment, real estate and property concept – house model and stack gold coins 3d render Total mortgage searches reached 1,774,749 during June, representing…
Before New York City voted to freeze rents for more than 1 million rent-stabilized apartments, one member of the Rent Guidelines Board tried to make a point about the buildings themselves. “As the owner’s representative, my primary concern is ensuring that rent-stabilized buildings…” Maksim Wynn began, before a raucous crowd drowned him out with chants,…
Rate is promoting the defection of over a dozen loan officers from New American Funding, who bring “nine figures” in production volume from the rival over to the Chicago lender, the company said. Processing Content The lending giant announced 14 new LOs coming from the retail competitor, including some originators who previously worked at Rate….