The delinquency rate for commercial mortgage-backed securities (CMBS) was up for the sixth consecutive month in August, rising six basis points to 7.29%. Year-over-year, the overall CMBS delinquency rate has increased by 185 basis points from 5.44%. According to data...
RAK Properties, the UAE real estate developer, has announced a partnership with the fintech Hubpay that will enable its international clients to purchase property using cryptocurrencies. According to the company, clients can now buy property in the Ras Al Khaimah real...
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
The New York City-based cryptocurrency company is pushing back at the Securities and Exchange Commission’s (SEC) fraud lawsuit, accusing the agency of cherry-picking issues and conflating them into a bogus prosecution. CoinTelegraph reports that Unicoin asked a New...
Wahed, a New York City-based fintech, announced the launch of a Shariah-compliant private real estate investment platform for US investors. According to the company, the new offering eliminates the need for large upfront capital by offering fractional shares in...
Braemar Hotels & Resorts Inc. (NYSE: BHR), a Dallas-based real estate investment trust (REIT) focused on investing in luxury hotels and resorts, has begun the process of putting itself up for sale. The company and its financial advisor, Robert W. Baird & Co....
