Greystone Capital Advisors Arranges $525 Million in Construction Financing for 55-Story Condominium Tower in Long Island City, NYC

Lancashire Holdings reported 1H26 earnings 14% below market expectations, citing weaker underwriting performance and reserve top-ups tied to the 2024 Baltimore Bridge collapse. Its undiscounted combined ratio was 90.8% and discounted 80.7%, both missing estimates. Gross premium written was $1.32B, profit after tax $142M, and EPS 56 cents. Dividend was 7.5 cents; guidance for high-teens ROE maintained.

Lead Real Estate Co. (Nasdaq: LRE) introduced the JINRYU HOTEL long-stay hospitality brand for travelers near Japan’s cultural and religious sites. The first property, JINRYU HOTEL ISE, opened in March 2026 in Ise, Mie, a two-minute walk from Kintetsu Ujiyamada Station. The four-room boutique guesthouse has suites with at least 60 sq. m., designed for six-plus guests.

Bloomberg reported the US Army plans to buy at least $400 million of AeroVironment counter-drone laser systems, citing a person familiar with the deal. The order would include dozens of LOCUST units that use AI to detect and track small to medium drones and then engage them with a high-energy laser. AeroVironment’s stock rose about 8% on Friday.

Rocket Lab (RKLB) said it won a $397 million U.S. Space Force contract to develop, launch, and operate multiple Flatellites for the SB-AMTI program. Flatellites are slimmer, stackable satellites intended to increase deployments per launch and integrate with Rocket Lab’s Neutron rocket. The article cites analyst forecasts for revenue rising from $602M (2025) to $1.7B (2028).

Diversified Energy (LSE:DEC, NYSE:DEC) said it will shift from acquisition-led growth to drilling its own wells, launching a one-rig operated development programme in Oklahoma in 2H, spending $35m to $50m. It expects drilling to materially affect 2027 production. Q2 adjusted EBITDA fell 14% to $240m; guidance calls for $960m-$1.01b adjusted earnings and ~$440m free cash flow.

Bloomberg reports the Pentagon will buy laser-based counter-drone systems from AeroVironment Inc. in a deal valued at at least $400 million. The contract is expected to supply the Army with dozens of Locust systems, described as an AI-enabled laser system for tracking and disabling small and medium UAVs. AeroVironment shares rose 8.1% intraday, according to the report.