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(Bloomberg Opinion) — Private equity may be our No. 1 economic boogeyman. It is blamed for rising real estate prices, poor medical care, and ruining many of the businesses we used to love. And yet it is also being mainstreamed as an asset class, with most everyone seemingly wanting a piece of the $7 trillion…

You’ve crossed into a six-figure income, and a $100,000 annual salary can feel like homeownership is more comfortably within reach. And in many cases, it is. But in today’s market, how far that income goes still depends on factors like existing debt, your down payment and where you plan to buy. Let’s break down what…

Activity in Figure Technology Solutions’ consumer loan marketplace more than doubled over the past year, the company reported, also noting interest coming from a host of partners on its exchange platform.  Processing Content The fintech reported $4.26 billion worth of volume in the consumer loan marketplace, with activity rising 47% from the first quarter’s $2.9…

Actress Aubrey Plaza has trimmed the price of her Spanish-style California compound by nearly a half-million dollars—less than two months after she relisted the property at a drastically reduced ask. Plaza, 41, initially put her picturesque Los Feliz dwelling on the market for $6.5 million in September, eight months after her husband, film director Jeff Baena, died by suicide…

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The Cambridge Building Society has made its 98% loan-to-value (LTV) First Step two-year fixed mortgage accessible to the whole of the market, following a period of limited distribution. The product is priced at 5.89% and is available to all intermediaries from 8 July to assist clients with smaller deposits.  The product is open to first-time buyers…

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Iconic fashion brand Ralph Lauren has tacked on 22,000 square feet to its already giant office footprint in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. Ralph Lauren is expanding to 280,000 square feet at RXR’s Starrett-Lehigh Building, also known as 601 West 26th Street. The expanded footprint will give the luxury brand access to the…

Families inheriting property could face Capital Gains Tax (CGT) bills of almost £120,000 under potential reforms being discussed by policymakers, according to analysis from Rathbones. The firm’s calculations suggest that abolishing the long-standing CGT uplift on death would leave beneficiaries paying tax on gains accumulated during a relative’s lifetime when they eventually sell an inherited…