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US Office-To-Apartment Conversions Hit New Record: Report
US Office-To-Apartment Conversions Hit New Record: Report
Authored by Mary Prenon via The Epoch Times,
This year is another record year for the conversion of office buildings into residential apartments in the United States, according to a recent RentCafe report.
At the beginning of 2026, 90,300 apartments were in the process of conversion across America—a 28 percent increase from 70,600 last year, according to the March 24 report.
At 47 percent, office conversions now comprise almost half of all adaptive reuse projects nationwide, with the New York metro area leading the way with...
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Jul 15, 2026 / Tyler Durden
Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse
Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse
Standard Nuclear reset its IPO terms sharply lower as recent nuclear peers have watched their stock price crater after debuting on the public market.
The TRISO fuel manufacturing company originally targeted 18.25 million shares at $18-$21, for up to $383 million in proceeds and an implied valuation as high as $3.55 billion. It has now filed to sell 10 million shares at $15, raising $150 million with a fully diluted market value around $2.4-2.7 billion.
The adjustment reflects cooling sentiment toward newer nuclear...
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Sep 4, 2026 / Tyler Durden
Russia's Oil Revenue Sinks As Urals Falls To $59
Russia's Oil Revenue Sinks As Urals Falls To $59
Submitted by Julianne Geiger of OilPrice.com
Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February.
Russia’s tax authority calculated August oil revenues using a crude price of just over $59 per barrel. Urals, Russia’s main export grade, averaged almost $95 per barrel during the spring after the Iran war pushed buyers toward barrels outside the Persian Gulf.
Total Russian oil and gas revenue fell 16%...
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Jul 16, 2026 / Dave DeCamp
US Approves Nearly $2 Billion Arms Sale for Saudi Arabia After Escalation in Yemen
The State Department announced on Wednesday that it approved a potential $1.96 billion weapons sale for Saudi Arabia, just days after Riyadh bombed the Sanaa International Airport in Yemen, shattering a fragile truce with Ansar Allah, also known as the Houthis, that had held relatively well since 2022. The arms sale includes up to 20,000 […]
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