Pacific Security Capital, a U.S. company, celebrated St. Patrick's Day by raising 200 million euros (about $266 million) for a new Irish real estate fund that it said is the first of its kind."This is the first Irish fund that has been created for investment in [U.S.] real estate," Mike Myatt, Pacific Security Capital's executive managing director, said of the new investment vehicle. The company said the closed-end fund will invest in office, industrial, retail, multifamily, hospitality, and residential properties. Pacific Security Capital can be found on the Web at http://www.pacificsecuritycapital.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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