Financial Markets - Real Estate Investor Pulse

Real Estate taxes by state: Which states have little to no property tax?

March 7, 2023 Mark Paul Cervantes Comments Off

While some states have higher property taxes than others, it is good news for homeowners that there are 23 states in the US with property tax rates below 1.00%. Property tax is a real estate ad-valorem […]

SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO, sources say

March 6, 2023 Mark Paul Cervantes Comments Off

NEW YORK, March 5 (Reuters) – Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is likely to aim to raise at least $8 billion from what is expected to be a […]

USD/MXN steadies near multi-month low of 17.95 as Mexican Inflation, Fed’s Powell and US NFP loom

March 6, 2023 Mark Paul Cervantes Comments Off

USD/MXN prints mild gains around 17.98 as it pares the biggest weekly loss in seven months during early Monday in Europe. In doing so, the Mexican Peso (MXN) pair tracks the market’s consolidation mode ahead […]

Realty Income Announces $1.5 Billion Sale-Leaseback of Convenience Store Properties from EG Group

March 6, 2023 Mark Paul Cervantes Comments Off

SAN DIEGO, March 6, 2023 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has signed a definitive agreement to acquire up to 415 single-tenant convenience store properties located in the […]

37,000 Acre Texas Ranch, owned by Oil Tycoon, Has Sold

March 3, 2023 Mark Paul Cervantes Comments Off

Located in the northeast corner of the Texas Panhandle, Mesa Vista stretches for over 100 square miles and almost 37,000 acres along 25 miles of the Canadian River. The compound includes a five-bedroom family house, […]

US stocks trade mixed as inflation concerns keep traders on edge over higher rates

March 2, 2023 Mark Paul Cervantes Comments Off

US stocks stocks were mixed on Thursday as traders continue to mull the prospect of higher interest rates amid signs the economy remains in high gear. All three major indexes were on track for a […]

India’s Adani group gets $1.87 bln investment from U.S. boutique firm GQG

March 2, 2023 Mark Paul Cervantes Comments Off

BENGALURU, March 2 (Reuters) – U.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller’s critical […]

US House Republicans Target ESG Investments in Latest Culture War Salvo

February 28, 2023 Mark Paul Cervantes Comments Off

WASHINGTON (Reuters) – The Republican-controlled U.S. House is expected to vote on Tuesday on a bill to block President Joe Biden’s administration from allowing retirement plans to consider environmental, social and corporate governance, or ESG, […]

How the US can stick the landing, beat inflation, and avoid a recession

February 28, 2023 Mark Paul Cervantes Comments Off

Nobody knows what’s going to happen with the economy. That’s always true, but especially in 2023. And it’s not just a matter of uncertainty: There’s a plausible case that we face three mutually exclusive scenarios. […]

Goldman Sachs mulls ‘strategic alternatives’ for consumer business after missteps

February 28, 2023 Mark Paul Cervantes Comments Off

NEW YORK, Feb 28 – Goldman Sachs Group Inc’s (GS.N) Chief Executive David Solomon said the company is considering “strategic alternatives” for its consumer business after stumbles led to billions of dollars in losses. Solomon did […]