Biomed Realty Trust Inc. will replace CenterPoint Properties Trust in the S&P REIT Composite Index after the close of trading on March 8, Standard & Poor's has announced.S&P said the reason for the change is that CenterPoint is being acquired by Solstice Merger Trust and CalEast Industrial Investors LLC. Biomed is a San Diego-based real estate investment trust that owns, leases, and manages laboratory and office space for life science tenants. S&P can be found online at http://www.standardandpoors.com.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
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The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
June 30 -
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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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.
June 30 -
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
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