Hints and tips:
Related Special Reports
...NYCB bought the operations of Signature Bank, another lender that collapsed last year, in a deal arranged by the Federal Deposit Insurance Corp....
...In the past, Elliott’s team in Tokyo had focused on real estate investments, while its activist campaigns targeting Japanese companies such as SoftBank and Hitachi were mainly operated out of London....
...Amazon, Meta, Alphabet and Microsoft will collectively incur more than $10bn in charges related to mass redundancies, real estate and other cost-saving measures, as the Big Tech companies reveal the hefty...
...As one sharp reader, Peter, pointed out, this compares apples (the value of real estate assets) to oranges (the value of real estate investment trust equity)....
...Delinquencies in credit card and commercial real estate loans were on the rise, the FDIC said, and were now at the highest level in almost a decade....
...NYCB’s recent losses on property loans have rekindled worries about potential defaults in the real estate market....
...This helps explain why the People’s Bank of China, faced with a massive real estate bust, has only gradually cut rates, which remain well above 0 per cent....
...Any sales industry that is prone to price fixing, such as real estate brokerages....
...suburban New York-based institution last March acquired most of Signature’s deposits and just over a third of its assets including nearly $13bn in loans, in a deal arranged by the Federal Deposit Insurance Corp...
...provision was primarily driven by loan growth at its credit card business — as banks make more loans they need to build provisions for a certain amount of losses — and “the outlook related to commercial real estate...
...Starboard plans to recommend News Corp spin off its digital real estate division, which includes a stake in Australian online property site operator REA Group and Realtor.com parent Move Inc The activist...
...“It’s never been [this fragmented],” said Jonathan Miller, a former chief digital officer at Rupert Murdoch’s News Corp....
...Another striking data point: The top five developers by sales in the first half [of this] year were state-backed, showed data from China Real Estate Information Corp....
...Venture capital-backed funding for so-called proptech dropped more than a third year over year in 2022, according to the Center for Real Estate Technology & Innovation....
...News Corp owns about 80 per cent of Move, while the remaining 20 per cent is held by REA Group, the listed Australian real estate group that is also majority owned by News Corp....
...That will provide an additional boost to Johnson’s efforts to boost earnings by building out the firm’s offerings in high-fee areas such as real estate and private credit....
...The signature deal of that era was the purchase of New York’s Rockefeller Center by Mitsubishi Estate, which quickly soured and underscored that buyers had misread financial conditions and would absorb losses...
...MREITs are like traditional real estate investment trusts, but they buy individual mortgages and MBS instead of property....
...It’s hard to find a decent-sized bank with more commercial real estate lending than OZK: almost 70 per cent of its loans are in non-residential real estate, spread all across the country....
...Earlier this week the regulator hired real estate specialist Newmark to sell $60bn of Signature Bank loans....
...This just hit BusinessWire: WeWork Inc....
...(the “Company”) by Rithm Capital Corp. (“Rithm”)....
...Here’s our best attempt at taking a photo of the phone: OK, the Waystar Corp. of S1E3 now seems to be Waystar Royco Inc/WAY:NYSE, which plausibly could be a security representing a different class of shares...
...A version of this article was first published by Nikkei Asia on May 15 2023. ©2023 Nikkei Inc. All rights reserved....
...Tse’s remit at the real estate management company includes compliance and ethics, risk management, and business continuity planning....
International Edition