Author: Jordan

The International Finance Corporation (IFC) is proposing a five-year unsecured senior loan of up to $86 million in Southeast Asia Commercial Joint Stock Bank (SeABank). According to the disclosure on June 12, the loan proceeds will support SeABank to finance eligible social assets defined by the Social Loan Framework to be established by the bank with the support of IFC’s advisory services, which will adhere to the Loan Market Association’s Social Loan Principles. In addition, IFC’s own account investment will have a particular focus on gender financing with approximately 25 per cent of the proceeds to be earmarked for women…

Cody joined Silverstein Properties as head of commercial leasing in 2021, after seven years as vice president of leasing at Empire State Realty Trust. Image by Melissa Hamburg, courtesy of Silverstein Properties Almost 25 years after the terrorist attacks of Sept. 11, 2001, the reconstructed World Trade Center has reemerged as one of the most recognizable office campuses in the world. Today, the Lower Manhattan complex has six towers, with Silverstein Properties owning and managing 2-5 and 7 World Trade Center. Leasing momentum across the campus has accelerated this year, with several major transactions underscoring the location’s continued appeal. Most…

President of Uzbekistan Shavkat Mirziyoyev announced plans for a new international financial centre and outlined six priority areas for attracting foreign investment during the official opening ceremony of the Tashkent International Investment Forum.This initiative aims to strengthen legal protections for investors, expand capital markets and accelerate industrial development.According to the President, the Centre will operate under a dedicated constitutional law and a special legal regime based on English common law principles. Authorities also plan to introduce extensive tax incentives, including exemptions from corporate income tax, value-added tax, property tax and customs duties for an initial period of 50 years.Laziz Kudratov,…

A later-recording win isn’t guaranteed. The court sided with earlier investors in EquityBuild’s Ponzi unwind On December 4, 2025, the Seventh Circuit affirmed investor priority over a later lender in the EquityBuild receivership.  EquityBuild, Inc. and EquityBuild Finance, LLC operated a real estate investment scheme from about 2010 to 2018. Led by Jerome and Shaun Cohen, the companies raised money through promissory notes and, later, real estate funds tied to Chicago’s South Side properties. Investors were promised double‑digit returns and told their money was secured by specific properties. In practice, EquityBuild inflated property values, funded earlier investors with later contributions,…

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Year after year, betting offers keep growing: more and more markets, more and more events to monetize, but betting on a yellow card is no longer betting on sport. By Kornelija Tiesnesyte, advisor to the Lithuanian anti-doping agency and chair of the Follow-up Committee of the Macolin Convention. This month, The Athletic reported that at least two players at the FIFA World Cup were flagged to their national federations after unusual betting on yellow cards.  The bookings came in league matches, not at the tournament. In one case, large bets had been placed on a player being shown a card…

On the product side, minimum property value was recently reduced to £75,000 from £120,000. This move was driven by the realities of the market outside the southeast, particularly in the North of England, the Midlands, and the South Wales valleys. “You can still buy a three-bed terraced house for £70,000 to £80,000 and get £600 a month rent off the back of that — the yield is really good,” Cadwallader explains. Heavens adds that “for landlords looking to grow their portfolio, smaller deposits on lower-value properties help support diversification.” Heavens also points to the fact that, unlike many other lenders,…

Elmwood Park, NJ, June 18, 2026 –(PR.com)– Allied Roofing Solutions, a residential roofing company serving homeowners across New Jersey, New York, Pennsylvania, and Connecticut, has earned the 2026 Owens Corning Platinum Excellence Award.Through its Platinum Excellence Award, Owens Corning recognizes contractors within their roofing network that demonstrate strong performance in product knowledge, installation standards, customer service, and overall professionalism. Allied Roofing Solutions won this same achievement from the roofing manufacturer in 2025, solidifying once again their place among the top roofers serving their local communities and supporting homeowner choices during roof repair and full roof replacement projects.This consecutive year of recognition…

This press release is provided by Business Wire and is published as receivedTORONTO–(BUSINESS WIRE)– Realize Capital Partners, a wholesaler for the Government of Canada’s Social Finance Fund (SFF), today announced the final close of its blended finance, impact fund-of-funds, Realize Fund I, having raised $276.7M in total capital – $141.7M of private capital to match the Government of Canada’s $135M anchor investment in 2023. With this close, Realize Capital Partners is delivering on the SFF ambition to use the Government’s capital to multiply and mobilize private capital participation in the social finance market. The fundraise underscores investor interest in sustainable…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…