Chime, the San Francisco-based banking fintech (NASDAQ: CHYM), is acquiring Stride Bank, a nationally chartered bank headquartered in Enid, Oklahoma, for $590 million in cash. The $5.4 billion-asset Stride, which has been Chime’s bank partner for more than seven...
Longpoint Partners, a Boston-based private equity real estate firm, has acquired a 10-building industrial portfolio in Florida’s Miami-Dade County for $195 million. The portfolio encompasses 729,901 square feet on approximately 41.8 acres in the region’s industrial...
Reality television star Kylie Jenner offered her 12 million YouTube subscribers a rare peek into the 5-acre property she purchased in 2020 for $15 million. But anyone expecting to see a residence worthy of a Hollywood celebrity were in for a big surprise. TMZ reports...
Mortgage application activity slowed again for the week ending Sept. 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.7% on a seasonally adjusted basis from...
Sacred Heart University in Fairfield, Connecticut, has introduced a Bachelor of Science degree in construction management within its School of Computing & Engineering. According to the school, the new program is aligned with the American Council for Construction...
Nadeem Meghji is stepping down as the global head of Blackstone Real Estate, according to Wall Street Journal coverage sourced from unnamed “people familiar with the matter.” The Journal’s report stated Meghi was leaving so he could spend more time with his family. In...