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Artificial intelligence is steadily creeping into more and more aspects of multifamily management. AI-powered agents are following up with prospective renters and drawing up leases. Evolving tech is even learning to automate property tax disputes and hound tenants for rent. Tech firms are plowing billions into automating the bulk of rote tasks that keep employees…
Microsoft, Amazon and Google all reported surging cloud revenue last quarter. But Wall Street has delivered sharply differing verdicts on each of the three tech giants’ artificial intelligence spending plans, with investors increasingly seeking proof that Big Tech is getting bang for its AI buck. Photo credit: Google Maps A Data Center Under Construction In Ashburn,…
Marcus & Millichap closed the sale of 7203 Rubio Ave., a 30-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. The property sold for $9.5 million or $316,667 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured $6,223,000 in acquisition financing. “Bringing this property to market for the first time since its construction in 2013 generated significant investor interest,” said Neema Ahadian, senior managing director investments. “After a disciplined…
CW Realty Group closed on a deal to acquire a parking facility in Downtown Brooklyn, Commercial Observer has learned. Cheskie Weisz’ CW Realty entered into a contract to purchase 55 Smith Street in December from New Jersey-based firm Edison Properties, Crain’s New York Business reported at the time. The sale closed on Friday and its…
Follow Erste Group Bank AG (EBKDY) Q2 2026 Earnings Call July 30, 2026 3:00 AM EDT Company Participants Thomas Sommerauer – Head of Group Investor RelationsPeter Bosek – Chairman of the Management Board, CEO & Chief Retail OfficerStefan Dörfler – CFO & Member of Management BoardAlexandra Habeler-Drabek – CRO & Member of the Management Board…
Dallas-Fort Worth is unlike most other markets in the country. Visitors can experience a live cattle drive at the Fort Worth Stockyards, tour the Dallas Cowboys‘ world headquarters and even see honest-to-goodness speculative office construction. With new office construction at historic lows across the country and elevated interest rates and construction costs curtailing speculative construction…
“I haven’t seen my sister since our mother’s funeral more than 20 years ago.”
NatWest’s gross new mortgage lending totalled £20bn in the first half of 2026. Of this, £18.8bn was owner-occupied lending and £1.2bn was buy-to-let (BTL) lending. Total customer lending rose to £447.7bn from £429.9bn at the end of 2025, with the bank stating that growth was primarily driven by increased mortgage lending. Lending on mortgages…
The Income Tax (I-T) Department on Friday said more than 55 million income-tax returns (ITRs) were filed for Assessment Year 2026-27 and urged taxpayers to file their return forms before the July 31 deadline. The department said in a social media post at around Friday noon, “Over 5.5 crore (55 million) ITRs have…
Another lawsuit over alleged building defects has landed on Billionaires’ Row. Earlier this week, an owner at 220 Central Park South sued the supertall, developed by Vornado Realty Trust and once dubbed the world’s most profitable condo, for allegedly failing to address tap water contamination in his unit. The lawsuit centers on water quality at…