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Manhattan rental takeaways Prices continued to rise at double the rate of inflation. New leases continued to drop sharply year over year, inferring heavy renewal volume Median rent rose to the second-highest in history Listing inventory continued to plunge, falling at its fastest annual rate in more than three years Nearly 1 out of 5…
Formerly known as Legal & General Surveying Services (LGSS), Westmarq has launched as the new surveying brand in the UK. The rebrand marks the next stage in the firm’s development as it continues to operate as a specialist surveying partner for lenders. The business said lenders will continue to receive the same technical expertise…
The effort is designed to help card networks, digital wallet ecosystems, agent platforms and marketplaces streamline artificial intelligence agent onboarding and identification across networks, per the release. “AI agents are evolving from making recommendations to completing purchases on behalf of users,” the release said. “By 2030, AI agents are projected to orchestrate $3 trillion to…
Brevard lies within North Carolina’s Transylvania County, which is home to over 1,000 miles of trails. One of my favorite treks is Moore Cove Falls. It’s located in the Pisgah National Forest, less than half an hour from Brevard. I think it’s unique because visitors can walk behind the waterfall. Plus, the hike is only…
Investment manager Downing has appointed George Cotterell as partner and head of commercial real estate lending, alongside the launch of a new £500m institutional funding line. The move forms part of a wider expansion of Downing’s private credit platform, with the firm seeking to scale its presence in the commercial real estate lending market….
What would you do if you received an unexpected $26,000 HOA bill? Residents of the Vilamoura condominium complex in San Clemente, CA, are facing that exact dilemma. The condo owners were recently hit with a $26,000 special assessment for roof replacement. The residents were given three options: Pay in full, split it into two payments,…
YouTube creators Cody Ko and Kelsey Kreppel are looking to offload Cranberry Ranch, their funky Malibu estate and the former home of “Legally Blonde” actress Reese Witherspoon, for $7.5 million after a second price slash. The listing proclaims the five-bedroom, four-bathroom property is now “an undeniable value,” with the price sitting nearly $1.8 million below…
More than five years after a fast-moving fire destroyed their condominiums, nearly a dozen Texas property owners are still paying hundreds of dollars in monthly HOA fees and special assessments on their uninhabitable units while rebuilding drags on. The blaze ignited in March 2021 at Bayfront Towers, a 75-unit complex nestled in the Houston suburb of…
Coinbase’s CEO is reportedly touting stablecoin payments as a key revenue driver for the cryptocurrency exchange. The company is working with banks, FinTechs and other businesses to move more payment activity into stablecoins, Brian Armstrong said in a Bloomberg Television interview in Singapore Thursday (Sept. 10), projecting that the $300 billion market for the coins…
Key insight: As banks move from AI that supports decisions to AI that can take action, they need to be ready for the possibility that an agent’s actions may produce consequences the bank did not intend. Supporting data: In August, the U.K.’s AI Security Institute separately reported that agents had taken unsanctioned actions during its…