August 2025

8 Proven Tips for Managing a Growing Team (13 photos)

Expanding your business is a huge milestone — and one to be celebrated. But transitioning from a solo operation to managing a team brings with it a whole new raft of challenges. Effective leadership, communication and delegation suddenly become key as you move from wearing all the hats to...

Hong Kong’s Housing Market Stuck in Stalemate as Bulls and Bears Face Off

Hong Kong's residential property market remains caught in a tug-of-war, with bullish momentum stymied by a host of bearish fundamentals, according to the latest market outlook from JLL. While a drop in HIBOR, rebounding equities, and targeted stamp duty relief have offered glimmers of support, the broader housing landscape remains clouded by persistent structural and macroeconomic challenges. These include...

Accelerating Capital Investments in Property Resilience

Image In this episode of the REIT Report special series, “Building Resilience,” Deborah Cloutier, chief sustainability officer of Legence and president and founder of RE Tech Advisors, discusses how the strategic alignment of sustainability and business priorities is accelerating the implementation of capital improvements that enhance building...

Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit

Mortgage applications don’t always fail with a formal rejection — many simply stall. A report released last month by Cotality found that homebuyer hesitation often predicts loan fallout, even without an official withdrawal. As a result, the property analytics firm found that 16% of buyers “ghosted” their mortgage applications last year — a trend attributed mostly to confusion and lack of...

California affordable housing programs face new legal challenge

Hundreds of affordable housing programs across California may be in legal jeopardy after a new federal lawsuit challenged the constitutionality of one of the state’s most widely used housing tools. The suit — filed Thursday in federal court in San Francisco and first reported by CalMatters — targets East Palo Alto, California’s “inclusionary zoning” ordinance. That legislation requires...

UBS will pay $300M to settle Credit Suisse case

UBS Group said on Monday that it will pay $300 million to settle lingering obligations tied to a Credit Suisse deal with the U.S. Department of Justice (DOJ) over the sales of residential mortgage-backed securities (RMBS). UBS inherited the obligations when it acquired Credit Suisse in a 2023 rescue arranged by Swiss regulators. The bank confirmed on Monday that its U.S. Credit Suisse Securities LLC...

Rocket revamps real estate arm, moves home search to Redfin

Rocket Companies has begun to reshape Rocket Homes, its real estate subsidiary, following the closing of its acquisition of Redfin. The changes include sunsetting Rocket Homes’ search portal, consolidating agent networks and executing layoffs. Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be...

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