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Shorenstein Investment Advisers has purchased the Moore Building, a 245,826-square-foot office property in Nashville, Tenn. Portman Holdings was the seller. The acquisition comes on the heals of the company buying a 330,000 square foot building in the Gulch Union district for $217 million. The social media company TikTok rents 143,000 square feet in the building. The…
Multifamily vacancies rise as construction boom unwinds – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics…
New lending requirements, rising insurance premiums and aging buildings have contributed to the rising cost of condo ownership.
Driven up by the ongoing affordability crisis, the national foreclosure rate reached its highest level in nearly seven years, with a handful of smaller markets, concentrated mostly in the South and Midwest, now claiming the greatest share of default listings in the U.S. Although losing a home to foreclosure is a painful process for homeowners,…
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.26%. September E-mini S&P futures (ESU26) rose +0.82%, and September E-mini Nasdaq futures (NQU26) rose +1.35%. Stock indexes settled higher on Monday, with the S&P 500 posting a 2.5-week…
A tenant who continues to occupy a property after the lease expires cannot expect to keep paying the old rent because they asked the landlord for more time to vacate. The Delhi High Court has ruled that where a lease agreement contains an automatic rent escalation clause, the higher rent becomes payable once the specified…
Key takeaway: Market watchers say the groundwork has been created over the years for regulators to now establish guidelines for tokenized bank deposits. Expert quote: “This gives banks another tool in their toolbox to be able to compete with crypto and fintech firms, which helps banks and potentially levels the playing field.” —Graham Steele, University…
The Securities and Exchange Commission has appointed John Moses as Director of the agency’s Office of Investor Education and Assistance, which provides services and resources to help investors build their financial futures and protect against investment fraud. Mr. Moses joined the SEC staff in 2016 and has served in a variety of positions, including as…
The two lead underwriters on SpaceX’s initial public offering, Goldman Sachs and Morgan Stanley, have a valuation gap of more than $1 trillion as they both initiated coverage at buy.
Six people have been charged with felonies after allegedly posing as licensed contractors in the Pacific Palisades wildfire disaster zone, where prosecutors say they submitted more than $1.2 million in bids for rebuilding projects, according to the Los Angeles County District Attorney’s Office. A joint undercover operation by the District Attorney’s Bureau of Investigation and…