New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
Stonepeak, a New York city-based alternative investment firm specializing in infrastructure and real assets, has rolled out Montera Infrastructure, a North American hyperscale-focused data center development company. Working with a $1.5 billion equity commitment,...
Roughly more than three-in-four Canadians support their federal government’s decision to ban foreigners from purchasing residential properties, according to a new poll from Research Co. The ban will be in effect until Jan. 1, 2027. In the online survey of 1,006 likely...
The affordability gap for Black and Hispanic households seeking homeownership in California continues to remain behind other ethnic demographics, according to a new data report from the California Association of Realtors (CAR). During 2024, less than one-fifth (18%)...
Jack in the Box Inc. (NASDAQ: JACK) is planning to close between 150 and 200 underperforming restaurants and has begun exploring the divestiture of its Del Taco brand. The company’s announcement is part of what the San Diego-based company called its “Jack on Track’...
The immersive tech company Infinite Reality has partnered with the real estate investment and development firm Sterling Bay on the development of a 60-acre site in Fort Lauderdale, Florida, to become a technology and entertainment campus. The project is slated to open...
Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
