Regions Bank has launched a digital borrower portal, created in partnership with Built, to simplify construction finance for real estate clients. The system promises faster draw approvals, better communication, and real-time transparency, with Palladium USA becoming its first adopter.
Mukesh Ambani has purchased a vacant building in New York’s Tribeca district for $17.4 million. Formerly owned by tech billionaire Robert Pera, the site has been tied to multiple unbuilt mansion plans.
PENLER has surpassed USD 1 billion in portfolio value, expanding its footprint across the Sunbelt with new acquisitions, developments, and leadership appointments.
Flagship REIT has expanded its senior revolving credit facilities to $500 million, strengthening its capital structure and providing flexibility for future acquisitions and developments in the outpatient healthcare space.
AvalonBay Communities will join Bank of America’s Global Real Estate Conference on 9 September, while reporting that its Q3 Same Store revenue growth to August remains in line with expectations.
The White House has issued a new executive order directing that major federal buildings adopt classical and traditional designs, explicitly ruling out Brutalist and Deconstructivist styles while elevating historic architectural precedents.