LA real estate
fromtherealdeal.com
3 hours agoLA's 17.8% resi progress lags state-mandated production as clock ticks
Los Angeles is significantly behind in housing development, achieving only 17.8% of its state-mandated goal for new units.
A dollar invested in the firm's flagship hedge fund at inception would be worth $28 after fees at the end of 2025, compared to less than $9 for the S&P 500.
Empirical Ventures has secured a £10 million commitment from the British Business Bank through its Regional Angels Programme, bringing the Bank's total support for the firm to £15 million. This funding will allow Empirical to write larger cheques to early-stage science-led founders across the UK, particularly outside London.
The Pentagon has dismissed the report, stating that neither Hegseth nor any of his representatives approached BlackRock about any such investment. Pentagon chief spokesperson Sean Parnell called the report 'entirely false and fabricated,' demanding a retraction from the Financial Times.
Scaling our infrastructure in Europe is critical to empower our customers and to ensure AI innovation and autonomy remain at the heart of Europe. We will continue to invest in this area, given the surging and sustained demand from governments, enterprises, and research institutions seeking to build their own customized AI environment, rather than depend on third-party cloud providers.
The firm's study, 'North American Fiber Broadband Report: FTTH Review and Forecast 2026-2030,' indicates that nearly $200 billion will be spent on fiber over the next five years, highlighting a significant investment in fiber-to-the-home services.