Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the HMI’s highest level since last...
The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
Davidson Kempner Capital Management LP, a New York City-headquartered global institutional investment management firm, is planning to launch a fund dedicated to the commercial real estate sector. According to a Bloomberg report sourced from unnamed “people with...
Paradatec Inc., a provider of artificial intelligence (AI)-based document analysis technology for the lending and real estate industries, announced the availability of a new analytics module designed to automatically compare system-of-record data from different...
A historic property in Cheshire, Connecticut, that was built during the colonial era will begin its next chapter as a credit union’s lending office. The Hartford Business Journal reported Sound Federal Credit Union of Norwalk, Connecticut, acquired the property for...
