Finance

Greystone Secures $14M Debt for Build-to-Rent Project in Arizona

Greystone, a national commercial real estate finance firm, has arranged $14 million in debt for the refinancing of Linda Vista Luxury Rentals, a newly built 64-unit build-to-rent community in Tucson, Arizona. Managed by Shana Daby and Rebecca Reich, with debt placement handled by Thomas Wayda and Dante DiStefano, the financing includes a 36-month term from an undisclosed lender. Completed in 2024 and currently leasing, the property offers amenities like a pool and spa. Greystone emphasized its commitment to navigating capital markets and supporting clients in the growing build-to-rent sector.

TECH

Greg Epstein Calls for Critical Thinking in the Face of Tech Optimism

Over his 20 years as Harvard’s humanist chaplain, Greg Epstein has engaged with students, faculty, and clergy on topics like morality, community, and humanity's future, explored in his book Good Without God. Epstein also confronted his own tech addiction, sharing his experience in 2021. These personal struggles, combined with conversations at MIT, where he also serves as chaplain, inspired his new book, Tech Agnostic: How Technology Became the World’s Most Powerful Religion, and Why It Desperately Needs a Reformation.

CRYPTO

Bitcoin Slides to $65K as Crypto Markets Suffer Sharp Declines

The cryptocurrency market is in decline, mirroring a downturn in the stock market. Bitcoin dropped over 2.5% in the last 24 hours, hovering around $65,000, dashing hopes of hitting $70,000 as anticipated last week. The slide reflects increasing volatility in crypto and its growing correlation with traditional markets. Bitcoin’s drop is partly linked to pressure on tech stocks, especially Tesla, which is set to report earnings. Analysts expect Tesla to post 60 cents per share, down from 66 cents last year but up from 52 cents last quarter, with revenue projected at $25.4 billion.