News/Events
Invesco Posts Solid Q3 Earnings as Revenue Grows 16.5%
Shares of Invesco’s stock were trading higher by more than 1 percent Tuesday morning following the release of the investment management firm’s third-quarter financial results. While the firm’s earnings slightly missed analysts’ estimates, the report showed strong year-over-year growth in revenue. For the three months ending Sept. 30, 2026, Invesco reported adjusted earnings of 72…
North Development Buys Miami Site For $33M
North Development bought a development site in Miami’s Edgewater neighborhood for $32.8 million, more than quadrupling the price it fetched seven years ago, property records show. The 0.6-acre site at 2100 North Bayshore Drive sits between the Paramount and Biscayne 21 condo buildings, near Biscayne Bay’s waterfront. North Development is a joint venture between Ricardo…
Brookfield Reinforces Qatar Presence with New Doha Office
Brookfield has opened a Doha office, anchored by its global credit platform including the recently acquired Oaktree. The Qatar News Agency reported that the move builds on Brookfield’s existing investments and partnerships in Qatar, notably its planned $20-billion joint venture with Qai, the artificial intelligence subsidiary of the Qatar Investment Authority, to develop AI infrastructure…
With Data Centers, Lenders Are Getting a Lot More Selective
The rising profile of data centers in commercial real estate investment — and in the body politic — is making lenders more guarded about where, and to whom, they loan money. The greater scrutiny could actually turn out well for some owners and operators, while others find it tougher to obtain financing or refinancing. Bank…
New York City’s Rent Freeze: Where It Stands
October is when the weather just starts to cool down, but Oct. 1 saw rent for about 1 million households in New York City already rendered frozen solid. Mayor Zohran Mamdani’s rent freeze, promised on the campaign trail, has only recently taken effect, but it doesn’t mean that landlords aren’t already feeling the pain. And…
Anthropic Plans To Lease Its Own Data Centers, Cutting Reliance On Amazon, Google And Microsoft
Anthropic is shifting to direct data centers, reducing cloud reliance and marking a strategic pivot.
REITs' Share Of Senior Housing Deals Has Doubled. Will Development Follow?
Public REITs dominated senior housing deals, leveraging speed and cost advantages to outpace private buyers.
South Jersey Affordable Housing Developers Blame State 'Overregulation' For Constricted Supply
Affordable housing players in South Jersey say statewide regulations have worsened the region's attainable unit shortage.
Charlotte Extends Data Center Moratorium For 11 More Months
Charlotte will extend its freeze on new data center projects for 11 months for policy development.
