NYC expands finance pool for office-to-residential makeovers
New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Ene
Borrower trust by design
A recent global IDC study of mortgage lenders revealed that 30% of lenders took more than four weeks to close a mortgage and that 53% of processes in underwriting and decisioning were manual. Borrowers expect faster approvals and simpler digital journeys, while lenders look for AI-led origination an
Opinion: The capital structure solution hiding inside the housing crisis
On July 11, the 21st Century ROAD to Housing Act became law without President Trump’s signature. The legislation focuses on expanding supply, modernizing housing programs and reducing barriers that have historically slowed development. It’s an important move toward increasing the number of homes we
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