New World Development (NWD) on Thursday priced its latest Hong Kong residential project at a substantial discount, as the embattled developer scrambles to generate cash to whittle down HK$123.7 billion (US$15.9 billion) in debt. The company, controlled by the family of tycoon Henry Cheng Kar-shun, priced the first 88 units in State Pavilia – the … Read more
In this Financial Samurai podcast episode, I speak to Ben Miller, co-founder and CEO of Fundrise about his outlook for residential commercial real estate in 2025. Despite high mortgage rates, he’s taken a positive view and he shares the main reasons why. Listen to my conversation with Ben by click the play button below or go to … Read more
Insurer USAA has returned for what will be the 44th catastrophe bond issuance we have tracked from the company, initially targeting $325 million of occurrence reinsurance protection from a new Residential Reinsurance 2024 Limited (Series 2024-2) deal, Artemis has learned.USAA is the most consistent of catastrophe bond sponsors, that looks to augment and diversify its … Read more
