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MassDevelopment issued a $45.7-million tax-exempt bond on behalf of The Trustees of the Smith College to complete a range of renovation projects at the college’s Northampton campus. Barclays Capital, serving as the lead underwriter, sold the tax-exempt bonds through a public offering. Smith College will use bond proceeds to renovate HVAC and air-handling systems at the…
When artwork is physically located in the United States at the owner’s death, two federal tax regimes may become immediately relevant. First, federal estate tax law may impose an automatic lien on the gross estate and, in some circumstances, expose recipients of certain property to personal liability if the estate tax remains unpaid.1 Second, federal…
JLL has completed approximately 80,000 square feet of new leasing on behalf of Argent Ventures at 170 Wood Ave. in Iselin, NJ. The leasing activity represents a milestone in the repositioning of the eight-story, 235,077-square-foot Class A office building in the Metropark corporate campus, originally developed as New Jersey headquarters for Siemens. Recent leasing activity…
USDCAD trades to a new low for the week/going back to May. What next technically? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Brixton Capital’s Residential division has launched an integrated multifamily investment-management initiative designed to help institutional investors, family offices, lenders, joint venture partners and other owners improve the performance and value of complex multifamily assets. The initiative combines Brixton’s institutional investment and asset management capabilities with the operating expertise of its affiliate, United Apartment Group. “We…
Atlanta recorded the highest cancellation rate among the 50 most populous US metros with sufficient data at 19.8% in July. Houston followed at 19.6%, ahead of San Antonio (18.7%), Las Vegas (18.6%), and Orlando (18.2%). Houston’s imbalance is particularly pronounced: the metro currently has 130% more sellers than buyers, one of the widest gaps in the…
There’s a joke about how Staten Island got its name. Dutch settlers sailing into New York Harbor saw the 14-mile land mass and exclaimed “Is zat an island?” (You have to read it with the accent.) Is it the reality of how one of New York City boroughs got its name? No, but as the…
Vatican Announces €100 Million Renewable Energy Plant to Power Holy See Vatican’s Renewable Energy Initiative and Project Details By Giselda Vagnoni Overview of the Renewable Energy Plant ROME, Aug 22 (Reuters) – The Vatican will build a roughly €100 million ($117 million) renewable energy plant that could power the Holy See within two years via…
S&P Global manufacturing PMI flash estimate for August 53.2 versus 53.9 estimate !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Judge Yvonne Gonzalez Rogers, district judge of the US District Court for the Northern District of California, attends a panel discussion at the annual American Bar Association (ABA) Antitrust Spring Meeting in Washington, DC, on April 2, 2025. Drew Angerer | Afp | Getty Images It’s been a crazy four months for Yvonne Gonzalez Rogers….