Key Takeaways SLG stock rose 12.7% in 3 months, outpacing the industry's 0.1% decline on strong leasing demand. SLG signed 45 leases for 0.6M sq. ft. in Q1 2025, driven by high-end amenities and prime NYC locations. Long-term leases, tenant diversity and property sales boost SLG's portfolio strength and cash flow stability.SL Green Realty (SLG) shares have risen 12.7% in the past three months compared to the industry's fall of 0.1%.The company’s high-quality portfolio is well-poised for growth, given tena ...

For more on this state of housing and mortgage demand, let's bring Matt Ishbia, CEO of United Wholesale Mortgage. The company is the number one mortgage originator in the country. Matt, it's great to have you back on the show.Welcome. Let's start right there. Is 7% the new normal.You know, I don't I don't know. I It seems like it's been there for a little while, but the the truth is you got to shop around. There's a lot of people that get rates at the six and a quarter, six and a half, and there's of course ...

Outlines proactive steps taken by Board and management to drive long-term stockholder value Urges stockholders to vote “FOR” Oportun’s two nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 18, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today released an investor presentation in connection with the Company’s upcoming Annual Meeting of Stockholders, scheduled to be held on July 18, 2025. The presentation and add ...

You go to California and sometimes to get a building permit takes you 3 years. You know in New York it's impossible. So in my business it is much easier to build here.What worries me is affordability. The middle class and the working class where do they live. The moment that we build a mid-inccome or affordable housing product it gets consumed immediately.The demand is never ending because people do want to be close to their jobs. They just can't afford to be close to their job. Over the last 5 years, media ...

Key Takeaways HSBC has gained 18.3% so far in 2025, beating peers like UBS and MUFG, though trailing its industry. Asia-focused growth, streamlining efforts and strong capital returns have supported HSBC's momentum. Rising expenses and sluggish revenue growth can pressure HSBC's performance in the near term.HSBC Holdings plc (HSBC) shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed bett ...

PITTSBURGH, June 18, 2025 /PRNewswire/ -- PNC Bank, N.A., a tax credit syndication leader, today announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental housing across the U.S. The fund includes investments from PNC and seven other financial services and insurance companies, including two investors that are new to PNC's LIHTC funds.  The investment will provide a positive impact nationwide by ...

Homebuilder confidence fell in June, logging its third lowest reading since 2012. Buyers struggling with affordability stayed on the sidelines, even as builders lowered prices. https://t.co/ZRCgV2QSrL ...

Key Takeaways WSR acquired 5000 South Hulen, an 86,907-sq-ft shopping center in Fort Worth, TX. The property lies in a high-traffic zone near affluent neighborhoods and Hulen Mall. WSR aims to remerchandise and maximize value using its local market knowledge.Whitestone REIT (WSR) recently announced the acquisition of 5000 South Hulen, a shopping center spanning 86,907 square feet of space in Fort Worth, TX. The move comes as part of the company’s growth strategy to bolster its portfolio in a thriving and ...

Confidence among US homebuilders in June hit its lowest level since December 2022 as high mortgage rates and policy uncertainty hit wouldbe buyers. With more on the landscape for homebuilders, we have Katie Hubard, Walton Global's executive vice president of capital markets joining us now. So Katie, there was actually an expectation we would see sentiment rebound here.Clearly not the case. What does this tell us about where home builders and really the overall housing market stand right now. Yes.Hi Ally, th ...

Well, Rick, home builder sentiment in June dropped two points from May to 32 on the NAHB index. The street was actually looking for a slight improvement. This index has only seen a lower reading twice since the Great Recession back in 2012.And that was in December of 2022 when mortgage rates first shot up from those pandemic record lows and in April 2020 at the very start of the pandemic. Now, the builder site high mortgage rates, tariffs, and overall economic uncertainty of the index's three components. Cu ...