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In 2019, a Louisiana apartment property financed in a commercial mortgage-backed securities or Freddie K-Series deal spent about $4.77 on insurance for every $100 of revenue it collected. By 2025, that figure was $9.42, and that is after premiums fell last year. The Louisiana example underscores the shape of the apartment insurance story. After five…
Media magnate Byron Allen appears to have dropped $34.3 million on another condo at 220 Central Park South. An entity linked to the founder of Allen Media Group bought a 36th-floor unit at the Billionaires’ Row supertall in an off-market deal, according to public records. The trade comes more than a year after Allen, using…
Key insights: Geopolitical and macroeconomic uncertainty is influencing the bank’s quest to deepen relationships in transaction banking. Expert quote: “We’re trying to make it really easy for our corporate treasurers to not only understand their cash position, but also maximize the value of that cash position across the entire corridor in one easy place.” —Allysun…
Apartments are filling up in Brooklyn. Leasing momentum in Brooklyn’s rental market increased 10 percent annually in September, as the borough notched its strongest September of apartment leasing activity since 2020 at 1,407 leases signed, according to data from the Corcoran Group. SEE ALSO: Japanese Restaurant Udon Shin to Open First NYC Spot at 37…
SAN DIEGO, Oct. 14, 2026 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Hims & Hers Health, Inc. (NYSE: HIMS) securities between August 4, 2025 and July 29, 2026, both dates inclusive (the “Class Period”), have until Monday, November 2, 2026 to seek appointment as lead plaintiff of the Hims…
Purchasers of residential properties currently possess greater bargaining leverage than at any point since the housing market’s collapse following the Great Recession. In September, the United States housing market exhibited an estimated 62.6% surplus of home sellers relative to buyers, representing the most substantial disparity documented in records extending back to 2013. This achievement constitutes…
“With the emergence of AI, I’ve never seen so much interest in technology,” said Michael Beckerman, founder and CEO of CREtech, the largest global conference company devoted to technological innovation in the built world. “”So we’re getting more real estate companies coming to CRE Tech than ever before.” With that heightened interest, though, “there’s a…
Saba Capital buys $175k in Ellsworth Growth & Income Fund (ECF)
Renewing a mortgage feels almost as stressful as buying a first home for 35% of Quebec homeowners, according to RBC’s latest Home Ownership Poll. Among homeowners surveyed in the province, 38% expected their next renewal to increase pressure on household finances, while 35% wished they had started planning sooner. Across Quebec respondents, 56% were concerned…
Two of Canada’s largest lenders, Toronto-Dominion Bank (TD) and the Bank of Montreal (BMO), are among nine institutions named in a new US debanking report — one that found major banks had denied financial services to customers based on their political beliefs or lawful business activities. The Office of the Comptroller of the Currency (OCC)…