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Member News
Member News
07
Oct
1140 Sixth Avenue has windows running along its entire north side. By 2029, many of them will be looking at a 400-room hotel going up on the vacant lot next door at 1150 Sixth. For the tenants on the floors below the new building's height, the light and views they signed up for have an expiration date that wasn't in their lease.
That's the lesson this month kept reinforcing for me: light and views are among the things companies value...
06
Oct
October 6, 2026 - As the 2026 legislative session came to a close, California passed a wide-ranging assortment of privacy and artificial intelligence (AI)-related bills. In total, Governor Gavin Newsom signed over two dozen privacy and AI bills into law.
The measures fall into six themes:
Protecting Minors Online. California further cemented its position at the forefront of state minor safety regulation. New laws require high-privacy defaults for children, ban addictive features for users under 16, and require independent child...
06
Oct
On September 18, 2026, President Trump issued Executive Order 14431, Enhancing Program Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program, which directs the Departments of Labor, Homeland Security, and State to:
coordinate and consult with the Departments of Commerce and Education, as well as the Small Business Administration, when processing H-1B petitions, Labor Condition Applications (LCAs), and H-1B visa applications to ensure compliance with statutory requirements;
consider whether the sponsoring employer has engaged in...
02
Oct
Domestic private-label CMBS issuance topped $100 billion this year through the end of September. That means 2026 is shaping up to be among the busiest years in the CMBS new-issue market since 2007, when for the full year, $230.5 billion of deals were brought to market.
As has been the case in recent years, today's CMBS market is not your father's CMBS market. What was developed as a mechanism to tap the capital markets to fund middle-market commercial property loans...
02
Oct
Middle market companies keep investing despite the noise.While headlines on private credit have focused on high-profile defaults and concerns about late-cycle excess, the companies making capital decisions in this segment are leaning in, engaging with private capital partners, blending it with traditional bank financing, and using it to fund growth rather than to patch the balance sheet.
The findings come from KeyBank’s Middle Market Snapshot Survey, which polled 319 owners and senior executives in April 2026 across revenue bands from...
01
Oct
The European Commission and the European Investment Bank (EIB) Group launched today the European Institutional Investors Pact (EIIP) at the TechEU Equity Summit.
The Pact is a new voluntary framework designed to channel more long-term institutional capital into Europe’s technology and scale-up ecosystem. Thirteen institutional investors have already expressed their intention to channel investments into Europe’s innovation and scale-up ecosystem, including through the €15 billion European Tech Champions Initiative (ETCI) 2.0 and the €5 billion Scaleup Europe Fund.
President of the...
01
Oct
Presidents Message: There is no respite from the turmoil currently affecting much of the USA in relation to property taxes. In an article with the title “The Property-Tax Temper Tantrum”, the author refers to a recent paper to which we have published a link on the IPTI website. The article states: “Everyone wants the government to pay for stuff. We need our Social Security, our Medicare, our police and fire protection, our elementary schools; heck, some would add universal...
01
Oct
Higher Rates and Fuel Costs, while Congestion remains Elevated. And So Do the Geopolitical Tensions.
Global Ports
The Headlines: Global port congestion has reached a new record, surpassing even the worst levels of the pandemic era. In September, nearly 4 million TEU of container capacity sat idle outside ports for a variety of reasons. Ship waiting times this year have nearly doubled compared to the same period in 2019, and schedule reliability has plateaued in the 50 to 65 percent...