Not sure how to talk about recent bank failures with your clients? Want to know what's happening next? Here's your guide to SVB, Signature and the upcoming House hearings
The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading across international financial markets
The sudden change in the global banking landscape has left luxury real estate clients hanging out 'in the parking lot,' Kofi Nartey said, as they wait to see where the remaining chips will fall
A short-term fix by the federal government helped thousands of property managers keep the lights on after the collapse of Signature and Silicon Valley Bank. But lending will be tougher now
Bank failures and slowdown in wage growth have forecasters thinking the Federal Reserve will back off from aggressive rate hike campaign when it meets next week
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO