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Mack Real Estate’s Crisis Stems from Kassirer Portfolio
The Real Deal· 3 days agoRichard Mack’s investment firm was slapped with 10 foreclosure filings Friday after defaulting on $48 million in multifamily debt. Mack Real Estate Group now stands to lose 30 rent-stabilized ...
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive |...
Texarkana Gazette· 1 day agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business ...
Mortgage Rates Fall Despite a Strong Jobs Report: Today's Mortgage Rates for June 7, 2024
CNET· 3 days agoWhile unemployment slightly increased from 3.9% to 4%, the labor market is still strong, which may ...
Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive
Associated Press· 3 days agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink...
Pressure is on for Bank of England interest rate cut as other central banks act
Evening Standard via Yahoo Finance· 4 days agoThey said: “Underlying inflation has also eased, reinforcing the signs that price pressures have...
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a 'six-month thing' as rates...
CNBC· 5 days agoBarry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much...
Why the Recession Still Isn’t Here
The Wall Street Journal· 3 days agoFor example, the leisure and hospitality sector added 1.3 million jobs over the last two years but is still around 1 million jobs below its long-run...
Street calls of the week: Upgrades for Best Buy and Lululemon
Investing.com via Yahoo Finance· 1 day agoInvesting.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Best Buy , Lululemon and Collegium Pharma; downgrade for Maxeon Solar and Medifast.
Grad programs have been a cash cow; now universities are starting to fret over graduate enrollment -...
The Hechinger Report· 10 hours agoWhat they’re building is both a show of optimism in and a way to attract more students to something...
Everton takeover: Group led by London-based businessman makes £400m bid for club
New York Times· 2 days agoThe son of an Armenian entertainment and property tycoon, Manoukian is a partner in global technology investment firm IMS Digital Ventures and his bid group includes investors from the Gulf ...
