EBay Ventures invests in sporting goods marketplace SidelineSwap
By Tatiana Walk-Morris
Here’s What the FDIC-JPMorgan Chase Shared Loss Agreement Means
By Erik Sherman In the closing of First Republic Bank by the Federal Deposit Insurance Corporation and its sale to JPMorgan Chase, there was mention of a loss-share transaction for loans. Both the FDIC and JPMorgan Chase will share costs and potential recoveries from single family, residential, and commercial loans that the bank bought from First Republic. […]
Big Tech Earnings to Offer Reality Check Over AI Hype
By Natalie Lung and Crystal Chui Big Tech earnings this week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence. Analysts are expecting tech profits to register the biggest drop since 2009, with businesses curbing spending on software, cloud and advertising services as they’re pinched […]
Bed Bath & Beyond, finally in Chapter 11, is going out of business
Daphne Howland Senior Reporter Dive Brief: Dive Insight: Founded in 1971, Bed Bath & Beyond is one of the original “category killers” — retailers that took advantage of department stores’ declining appeal to establish specialty stores offering discount prices. The home goods company went public in 1992 and its revenues surpassed $1 billion by 1999, per its court […]
Healey wants more housing. But how hard will she push communities to approve it?
By Andrew Brinker Globe Correspondent,Updated March 2, 2023, 6:25 p.m Ever since word spread through Braintree of a 495-unit apartment complex proposed at the South Shore Plaza, an organized opposition campaign has been ramping up. Lawn signs decrying the “monster project” are appearing around town, and some residents are urging the Planning Board to deny the […]
Apartment Rents Fall as Crush of New Supply Hits Market
By Will Parker Updated Feb. 27, 2023 2:00 pm ET Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend that is poised to continue as the biggest delivery of new apartments in nearly four decades is slated for this year. Renters with new leases in January paid […]
Fed Set to Shrink Rate Hikes Again as Inflation Slows
Jan 28, 2023 Fed Set to Shrink Rate Hikes Again as Inflation Slows Kate Davidson and Craig Stirling, Bloomberg News Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday, July 27, 2022. Powell said while some commodity […]
New CRE Tech Platform Aims to be a ‘Dating Service’ for 1031 Exchange Deals
Buck Wargo | Feb 09, 2023 A new firm is trying to create its own version of a commercial real estate dating service with the launch of a tech-enabled platform that matches 1031 exchange buyers with sales brokers. Miami-based nxtCRE, which secured Series A funding from private equity firm Riverlake Partners in late 2022, announced in late […]
Despite Near-Term Volatility, Multifamily’s Outlook is Promising
By Paul Bergeron | January 20, 2023 at 03:27 PM CP Capital says it’s best to focus on the future for multifamily investors, where fundamentals depict a bright outlook, coming off the past two volatile years that saw 2021 break records and 2022 pull back some. The firm says the abundance of “dry powder” waiting on the sidelines […]
Here are the Mass. companies with the biggest stock gains in 2022
Most of them develop drugs. One of them imports and sells fossil fuels. Another one sells sand. The 20 Massachusetts-based companies with the largest stock gains over the course of 2022 (as of Friday, Dec. 16) span a range of industries. But, as is the case in most years, the majority are small biotech companies […]