Flushing Financial seeks to raise $70 million
Flushing Bank in New York City. Google Earth Flushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shore up its capital, CNBC has …
Real Estate
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump is going to push inflation back down to a more …
Real estate stars Oren, Tal Alexander, brother charged with sex trafficking
Tal Alexander (L) and Oren Alexander (R). Getty Images Federal prosecutors in New York accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping …
The 3 most expensive ZIP codes in every U.S. state
The priciest ZIP codes in the U.S. are coastal, wealthy enclaves or luxury vacation destinations where homes typically cost more than $4 million, according to a recent RealtyHop report. Atherton, …
Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings. The surge in refinances was behind …
NSW homelessness crisis persists as nearly 68,000 seek help each year, but most are turned away
NSW continues to grapple with a homelessness crisis, with about 68,000 people seeking assistance from homelessness services annually over the past two years. New figures from the Australian Institute of …
Florida ‘condo cliff’ coming as owners deal with Surfside fallout
After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 …
Activist Barington takes aim at Macy’s, seeks spending, real-estate fixes
People walk past the Macy’s Herald Square flagship store on November 29, 2024 in New York City. David Dee Delgado | Getty Images Activist investor Barington Capital revealed Monday it …
AI growth is just getting started, BlackRock’s thematic ETF head says
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. …
AI startups snatch San Francisco offices, use Zoom fatigue to recruit
Mithrl is among a wave of startups coming back to San Francisco and working in person four days or more each week. Courtesy: Mithrl When Noah Jackson began his search …