New $650m commercial mortgage issue to launch

The $650m commercial mortgage securities as part of a $1.3bn deal to refinance Bank of America Merrill Lynch’s New York headquarters are expected to launch Monday. This is the second refinancing of the tower in less than a year by the owners, a 50-50 joint venture between Bank of America and The Durst Corp.

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2024 is not the year to cut corners on staging — here’s why 

With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.

3d rendering of a row of luxury townhouses along a street

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