Core Insights - JLL and BlueGate Partners arranged a $340 million refinancing for the 50 & 70 Columbus mixed-use property in Jersey City, New Jersey, which consists of 938 residential units [1][2]. Property Overview - The property includes two high-rise residential towers, constructed in 2007 and 2015, with heights of 36 and 48 stories respectively, featuring luxury finishes and a variety of unit types [2]. - Amenities include a heated outdoor swimming pool, state-of-the-art gym, rooftop deck, outdoor basketball court, and 24-hour concierge service, with occupancy rates exceeding 98% [3]. Location and Market Context - The property is strategically located above the Grove Street PATH station, providing residents with quick access to Manhattan, with travel times to the World Trade Center and Penn Station under 30 minutes [4]. - Jersey City's multifamily market is experiencing strong performance and consistent rent growth, positioning the property favorably within a growing residential destination [4]. Financing Details - Truist Financial Corporation acted as the Administrative Agent and Sole Bookrunner for the refinancing, highlighting its commitment to long-term relationships with real estate investors in the Northeast [5]. - The financing solution reflects Truist's balance sheet strength and confidence in the Jersey City market [5]. Company Profiles - JLL is a leading global commercial real estate and investment management company with annual revenue of $23.4 billion and operations in over 80 countries [10]. - Ironstate Development Company and Panepinto Development are key players in the project, known for their innovative approaches to urban development and commitment to revitalizing Jersey City [7][8]. - BlueGate Partners specializes in multifamily capital markets and has executed numerous assignments across the New York metropolitan area [9].

Accessibility StatementSkip Navigation The U.S. Housing Market Reaches Balance in August as National Supply Hits 5 Months AUSTIN, Texas, Sept. 9, 2025 /PRNewswire/ -- The U.S. housing market reached a rare state of balance this summer, according toÅ Realtor.com's August monthly housing report which showed months of supply at 5.0, a level not seen in the summer months since Realtor.com began tracking the metric in 2016. This shift signals the continuation of a slow rebalancing in favor of homebuyers, though ...

Key Takeaways Nokia was chosen by the City of Superior to deploy its wholesale fiber-optic network.The project will bring broadband access to 26,000 underserved residents.Nokia's Altiplano platform enables ISPs to share fiber for digital services.Nokia (NOK) has been selected by the City of Superior to provide its advanced fiber and IP solutions as part of ConnectSuperior, the city’s ambitious plan to extend fiber-optic infrastructure to every home and business. This new wholesale open-access network will b ...

Newly installed chargers expand access and support a more sustainable future for the region. Bowie, Md., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global owner, operator and provider of electric vehicle (EV) charging equipment and services, and the City of Porterville, California, have announced the successful completion of a citywide EV charging infrastructure project. Blink has fully replaced and upgraded all public EV charging ports at the Porterville Transit Center ...

Core Viewpoint - Nokia has been selected by the City of Superior to provide fiber and IP solutions for a new fiber-optic network aimed at delivering broadband access to every home and business in the area [1][8]. Group 1: Project Overview - The City of Superior will own and operate a wholesale open-access fiber network that will serve 26,000 currently underserved residents [2]. - Nokia will collaborate with technology integrators dMCA/LightSpeed and ePlus to deploy the network [2]. Group 2: Technology and Infrastructure - Nokia's fiber and IP technology will deliver carrier-grade performance and ultra-fast internet access, addressing the growing demand for enhanced broadband services [3]. - The network is designed to support a range of PON technologies, including XGS, 25G, and future 50G PON, providing flexibility for specific business needs [3][8]. - Nokia will implement its cloud-native Altiplano Open Access platform to facilitate neutral-host network sharing for fiber-to-the-home [4]. Group 3: Economic and Community Impact - High-speed broadband is expected to drive economic growth and enhance opportunities in education, healthcare, remote work, and local innovation [6]. - The fiber solution aims to create a reliable, future-proof network with virtually unlimited bandwidth capacity [6]. Group 4: Vendor Selection and Partnership - The City of Superior selected Nokia through a rigorous RFI process, highlighting their engagement and dedication as partners in the project [5].

Core Insights - The June 2025 results indicate a significant shift in the housing market, with national home prices rising only 1.9% year-over-year, the slowest growth since summer 2023 [2][4] - The data reveals a notable volatility in home prices, with a decline of 0.6% in the first half of the year followed by a 2.5% increase in the latter half, suggesting a pivotal change in the housing market around early 2025 [2][4] - A geographic divergence is evident, with New York leading with a 7.0% annual gain, while former high-performing markets like Tampa and Phoenix are now experiencing declines [3][9] Year-over-Year Summary - The S&P Cotality Case-Shiller U.S. National Home Price NSA Index reported a 1.9% annual gain for June, down from 2.3% in the previous month [7] - The 10-City Composite increased by 2.6%, down from 3.4%, and the 20-City Composite posted a 2.1% gain, down from 2.8% [7][8] - The Consumer Price Index rose by 2.7% from June 2024 to June 2025, outpacing the 1.9% increase in national home prices, indicating a decline in real housing wealth [4][8] Month-over-Month Summary - The pre-seasonally adjusted U.S. National Index saw a slight increase of 0.1%, while the 10-City Composite and 20-City Composite experienced declines of -0.1% and -0.04%, respectively [10] - After seasonal adjustment, the U.S. National Index fell by 0.3%, with the 10-City Composite down by 0.1% and the 20-City Composite down by 0.3% [10] Future Outlook - The current housing cycle appears to be stabilizing around inflation-parity growth rather than the rapid appreciation seen in recent years, reflecting more sustainable economic fundamentals [6] - The shift from Sun Belt markets to traditional industrial centers suggests a more stable long-term trajectory for housing appreciation [6]

Core Insights - Waymo has received a permit to test its autonomous vehicles in parts of New York City, specifically in Manhattan and Downtown Brooklyn, with a specialist present in the vehicle [2][3] - The company is expanding its robotaxi services to multiple cities, including plans to offer rides in Washington, DC, and Miami by 2026, and has already established operations in cities like Phoenix, San Francisco, and Los Angeles [3][4][29][30] - Waymo's autonomous vehicles have demonstrated a significant reduction in crash rates compared to human drivers, with 88% fewer serious injury crashes and 78% fewer injury-causing crashes over 71 million miles driven [9] Expansion Plans - Waymo is conducting early testing in Dallas and plans to launch public rides next year through a partnership with Avis Budget Group [4][24] - The company is also rolling out a limited fleet in Philadelphia, focusing on complex areas, while it aims to expand its services in other cities [28] - Future expansions include Tokyo, where Waymo is collaborating with local taxi services to adapt its technology to local conditions [31][32] Technology Development - Waymo is opening a new 239,000-square-foot factory in Phoenix to increase its fleet of fully autonomous Jaguar I-Pace vehicles from 1,500 to 3,500 [6] - The company has announced partnerships with Hyundai to integrate its sixth-generation self-driving technology into the Ioniq 5 SUV, with testing expected to start by late 2025 [7][35] - Waymo's sixth-generation technology aims to enhance vehicle capabilities, including navigation in extreme weather conditions [34] Safety and Operations - The NYC Department of Transportation has implemented comprehensive safety guidelines for autonomous vehicle testing to ensure public safety [3] - Waymo's vehicles are currently unable to charge for rides in New York due to existing state laws, but the company is advocating for changes to allow fully autonomous ride-hailing services [27] - The company provides over 250,000 paid trips weekly across more than 700 square miles in the US, indicating a growing demand for its services [8]

Core Insights - Century Communities, Inc. has launched Montano Ridge, a new community offering homes starting from the $290s, emphasizing its leadership in online home sales [1][4][9] - The community features spacious, stylish homes with modern amenities, including single-story floor plans up to 1,815 square feet and four bedrooms [2][6][9] - The company promotes a streamlined online homebuying process, allowing buyers to purchase homes 24/7 while also providing in-person assistance [4][7][9] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and has been named one of America's Most Trustworthy Companies for three consecutive years [9] - The company operates in 16 states and over 45 markets, offering a range of services including mortgage and insurance through its subsidiaries [9] - The mission of Century Communities is to build high-quality homes at affordable prices, catering to a diverse range of homebuyers [9] Product Features - Montano Ridge offers contemporary open-concept layouts with features such as granite countertops, luxury vinyl plank flooring, and stainless-steel appliances [2][6] - Homesites are designed to accommodate recreational vehicles, providing additional value to potential buyers [2][6] - The community is conveniently located near outdoor recreation areas, dining, and shopping options, enhancing its appeal to residents [3][6]

Core Insights - Waymo has received a permit from New York City to test up to eight autonomous vehicles in Manhattan and Downtown Brooklyn until late September [1][2] - A trained safety specialist must be present in the driver's seat during the testing period, as per New York state law [2][5] - Waymo plans to start testing its autonomous vehicles immediately and can apply for an extension after the initial testing period [2][3] Company Background - Waymo, a subsidiary of Alphabet, began offering driverless ridesharing services in Phoenix in 2020 and has since expanded to cities like Los Angeles, San Francisco, and Austin [4] - The company previously tested its vehicles in parts of Manhattan in 2021 and is currently competing with Tesla's Robotaxi service [4] - The New York Taxi and Limousine Commission reported 178,917 active licensed drivers in 2024, which includes both taxi and for-hire vehicle drivers [4] Regulatory Context - New York state law mandates that autonomous vehicles must have a human present in the driver's seat at all times, which Waymo is lobbying to change [5]

Group 1 - Waymo has received approval to test its autonomous vehicles in New York City, marking a significant milestone in the self-driving car industry [1][2] - The testing will allow up to eight autonomous vehicles to operate in Manhattan and downtown Brooklyn until late September, with the possibility of extending the pilot period [2] - A trained autonomous vehicle specialist must be present in the vehicle at all times during the testing [2] Group 2 - Waymo currently provides driverless taxi services in several locations, including San Francisco, Los Angeles, Phoenix, Austin, and Atlanta [3] - Tesla is also interested in testing autonomous vehicles in New York but has not yet applied for a permit, despite hiring prototype vehicle operators for data collection [3] - Amazon-backed Zoox is developing a robotaxi without steering wheels and is testing it in various US cities, but not in New York City [4]