Alexandria Real Estate Equities, a real estate investment trust based in Pasadena, Calif., has priced a follow-on public offering of 3.3 million shares of common stock at $84 per share.The book-running managers for the offering were Merrill Lynch, Pierce, Fenner & Smith Inc. and Citigroup Global Markets Inc. The office/laboratory REIT said it has granted the underwriters an option to buy up to 495,000 additional shares to cover any overallotments.
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Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
June 29 -
Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
June 29 -
The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
June 29 -
The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
June 29 -
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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