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Terra has secured a $245 million permanent loan for the first phase of a 47-acre transit-oriented development near the edge of Miami-Dade County, the Miami-based development firm announced. The financing from Slate Property Group covers 578 apartments within the Upland Park mixed-use development at 1455 Northwest 121st Avenue, part of county-owned land adjacent to Dolphin…
ATLANTA, Aug. 31, 2026 /PRNewswire/ — Invesco Ltd. (NYSE: IVZ) today announced that Andrew Lo, Senior Managing Director and Head of Asia Pacific, will retire on March 31, 2027, after 32 years with the firm. Marty Franc will succeed Lo as Senior Managing Director and Head of Asia Pacific and will transition into the role…
The year isn’t over yet but gross issuance of bonds backed by loans made outside the standard qualified-mortgage definition has already broken the annual record, according to Bank of America Securities. Processing Content Issuance of this type has climbed to $82 billion, beating out 2025’s annual record of $80 billion. This keeps it on track…
Dwight Mortgage Trust, the REIT affiliate of Dwight Capital, has provided a $70 million loan for Cosmo 440, a recently renovated, 216-unit multifamily tower in the Weequahic neighborhood of Newark, NJ. The borrower is an entity sponsored by Yisroel Berger. Commercial real estate finance firm Drew Capital arranged the non-recourse, interest-only loan, after previously sourcing…
Key insight: The House’s top priority fresh off August recess is considering the Continuing Resolution to keep the government fully funded until December 11. Forward look: The House will try to pass the bill under a suspension of the rules, speeding the process for a vote but requiring a two-thirds majority to pass. What’s at…
Some people take a coffee before a big meeting. VC Doug Leone said he once took a Novocaine-less tooth removal. During an interview on the “David Senra” podcast, released on Sunday, Leone, one of Sequoia Capital’s best-known partners, said he skipped the numbing agent during a dental drilling procedure. “I told the dentist, ‘Drill without any Novocaine,’ and…
Regulators claim Amazon artificially bumped floor prices during peak shopping periods, adding surcharges to merchants’ ad spending.
Dell is expected to report sharp growth when it posts earnings on Tuesday, and analysts are upbeat about industry developments that could benefit financial results into next year.
QuickBooks and Mailchimp maker Intuit has launched a partnership with artificial intelligence (AI) startup Perplexity. The collaboration, announced in a Monday (Aug. 31) news release , will integrate those two pieces of business software into Perplexity Computer, the company’s agentic AI assistant. The integration is designed to bridge the “gap between finding answers to getting personalized insights and taking decisive…
Manhattan’s luxury market picked up steam last week, crowned by a unit at Extell Development’s Central Park Tower. The condo at 217 West 57th Street, asking $20.5 million, was the priciest of 24 homes in the borough asking $4 million or more to find buyers between Aug. 24 and Aug. 30, according to Olshan Realty’s…