Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those assets include multifamily properties, that’s a challenging
In this article CATL-SG Easy credit is becoming less available in China’s real estate market, but CapitaLand Group’s Andrew Lim says fiscally prudent firms could stand to benefit. “In the current climate where other companies may be more fiscally challenged without access to credit, we’re now in the position to sort of level the playing
Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin
Municipals struck a firmer tone on the short end Tuesday as the new-issue calendar got underway, with strong competitive loans, while U.S. Treasuries held steady and equities strengthened into the afternoon. Triple-A benchmark yield curves were bumped on the short end as bonds inside of 10 years have been more tightly bid. Municipal-to-UST ratios were
By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces, appealing yields, and general awareness around DeFi best practices increased throughout the quarter, so too did the number of new addresses,” the
Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases. “I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on
Tencent has announced new restrictions limiting how long minors can play its online games after the Chinese internet group came under intense pressure from state media, which labelled the gaming industry a “spiritual opium”. In a social media post, the company said it was introducing the measures after “relevant authorities” requested greater protection of minors
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
In this article UIS SPG TTWO Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell: Take-Two Interactive Software — The video game company saw
Suspended in a place and time when old money was new is a luxury compound along the elite Upper St. Regis Lake in New York that is going up for auction. Known as Camp Limberlost, the storied and iconic property valued at $10 million will be sold by Platinum Luxury Auctions on August 14 without reserve, meaning the
Bill Oxford | iStock | Getty Images Although the national ban on evictions is now over, a number of states have issued their own protections for renters that will last for months more. These local policies can buy tenants time to get approved for federal rental assistance and help them to stay in their homes.
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits
Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held on wallet addresses storing between 100 and 10,000 Bitcoin rose to a
Jeffrey Mark Baker, 72, of River Edge, N.J., a career municipal analyst who was known as a leader and innovator in the municipal market and was chair of two municipal organizations, died on July 26. Baker joined Chase Manhattan Bank in 1972 as a municipal analyst, and later retired from its predecessor firm JPMorgan Chase
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the sentiment is negative and fear is at extreme levels, but it’s at times like these that the inverse head
Illinois Gov. J.B. Pritzker signed legislation moving governance of Chicago Public Schools to an elected school board, leaving the fate of $500 million of city financial obligations to the district unsettled. House Bill 2908 passed the legislature in June over the objections of Mayor Lori Lightfoot. Its sponsors sent it to Pritzker’s desk after promising
House prices are booming in almost every major economy in the wake of the coronavirus pandemic, forging the broadest rally for more than two decades, and reviving economists’ concerns over potential threats to financial stability. Of the 40 countries covered by OECD data, just three experienced real-terms house price falls in the first three months
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
In this article CPRI HOOD CAT CVX PG XOM Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing
As lumber prices hit dramatic highs last Spring, homebuilders and developers held their breath, with many opting to delay construction on new projects until prices abated. The roller-coaster prices hit both large national entry-level builders and custom luxury home developers building on speculation. Lumber prices have since come back to earth—according to Fortune, lumber prices have
Buying a house can be expensive. The typical U.S. home will set you back $287,148, according to a recent report from Zillow. But the mortgage amount most likely won’t cover all of the upfront costs homebuyers will face. Check out this video for a full breakdown of how much you should have in savings before
Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the sideli. After the sharp rise, some analysts are debating whether Bitcoin could repeat its sharp bull run seen in 2013 and 2017. Vailshire Capital founder and CEO Jeff Ross highlighted that
Florida’s ports will be getting $250 million in state and federal funds to help speed their economic recovery from the effects of the COVID-19 pandemic, Gov. Ron DeSantis said Thursday. The money is coming in through the federal American Rescue Plan President Biden signed in March and its Coronavirus State Fiscal Recovery Fund. It is
A Michigan Supreme Court order paves the way for Detroit voters to decide the fate of charter revisions opposed by Mayor Mike Duggan, who warns they threaten the city’s fiscal independence. The state’s high court, in a split decision published Thursday, reversed Wayne County Circuit Court and Court of Appeals decisions removing Proposal P from
A leading US bond manager has warned of inflationary pressure from housing rental costs that could push interest rates higher and overturn a sense of complacency among investors. The comments by Dan Ivascyn, chief investment officer at Pimco, which has $2.2tn under management, comes after US 10-year interest rates eased in recent months to about
MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
Traders on the floor of the New York Stock Exchange. Source: NYSE The latest volatility in China – with regulators in Beijing attempting to reign in several sectors of the Chinese economy – is only the latest blow for international investors. “The invest in China mantra has always been based on the idea that China
In this article AMZN TXRH GILD PG PVH HOOD In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell 6.5% after the tech giant’s second-quarter
Making a living as an artist today isn’t easy. Financial success is extremely rare. Merchandise and collaborations are two of the best ways to spread brand awareness and establish a loyal customer base. And no one has mastered this quite the way Instagram’s “Candy Artist” Robyn Blair Davidson aka by robynblair has. One of Davidson’s
In this article Rauf Karimov | iStock | Getty Images With the national eviction ban expiring today, Leopold expects he and his wife, Vivia, and their six young children, will be forced out of their home in Deerfield Beach, Florida, where they’ve lived for the past three years. They’re one of millions of families in