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Canadian Imperial Bank of Commerce (TSX: CM) and Citizens Bank, a unit of Citizens Financial Group Inc. (NYSE: CFG), have jointly committed $108m in construction financing for a Fairfax apartment complex—signalling renewed confidence in Washington, DC’s beleaguered rental market. The facility, announced on 20 …
The $45m C-PACE (Commercial Property Assessed Clean Energy and Resilience) loan extended by Peachtree Group to the Fellowship Wildlight project in Yulee, Florida, is more than a financing transaction—it is a bet on the state’s demographic future. With Florida’s 65-and-over population expected to swell …
Century 21 Real Estate (C21) is a global real-estate franchisor known for its gold blazers and gridiron-style brokerage model. Unlike pure-play platforms such as Compass Inc. (NYSE: CMPS), C21 operates as a franchisor with more than 14,000 offices worldwide, generatingRevenueprimarily throughFranchisefees and technology licensing. …
A legislative pivot for America’s rental housing crunch
Enterprise agents are languishing in pilot purgatory—not because the underlying models are deficient, but because frontline staff refuse to rely on them. ICMI’s 2026 analysis—based on surveys of 1,200 contact-centre agents—finds that 67% of respondents admit they “work around” AI tools rather than incorporate …
Retail rent growth has lost its upward momentum—at least for now. According to Lea Clay Park, founder and chief executive of Axiom Retail, the market has entered a phase of “flattening rents,” where annual increases hover near zero in many submarkets. Yet beneath this …
Illinois’s new rulebook—the first comprehensive state-level framework for home-equity investment products—was hailed on May 20th by the Coalition for Home Equity Partnership (CHEP), an industry body that counts HomeFundIt, Unison HomeOwnership Investors and Point as members. The framework sets operating standards for shared-equity arrangements, …
Marshalls’s decision to plant a 31,470-square-foot flagship in Liberty Bklyn—a $1.5bn mixed-use complex anchored by high-end brands—reflects a calculated bet on the enduring appeal of off-price retail. The store, which opened on April 23, occupies ground-floor space leased for a decade from Madison Capital, …
Elecor Properties’ 900 Third Avenue—completed in 2017 at a cost of $1.2bn—has carved out a reputation as one of Midtown East’s most sought-after office towers. Its 1.2m sq ft of Class A space, LEED Platinum certification, and proximity to Grand Central Terminal have made …
Mortgage lenders are caught in a quiet revolution—one that is reshaping how creditworthiness is priced. The Federal Housing Finance Agency’s (FHFA) decision to adopt VantageScore 4.0 for loans backed by Fannie Mae andFreddie Machas thrust two rival credit scoring systems into the spotlight: VantageScore …
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