Blessing Capital

Fun fact Friday! Women own around 42% of U.S. small businesses, a rapidly growing segment. Female entrepreneurs are launching businesses at a faster rate than their male counterparts in many industries! 📈

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"Joshua Blessing has played a tremendous role in the expansion of my marketing business. I have received a Letter of Credit and Line of Credit through the organization at Blessing Capital. I will certainly be working long term with him and his team. Thank you!"

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The data center vacancy rate in the Americas has dropped to 3%, with over 80% of new deliveries in major markets pre-leased, driving up lease rates, Cushman & Wakefield reported Thursday. Power and component lead times continue to delay the delivery of new supply.

In the first half of 2024, demand for artificial intelligence (AI) and cloud data centers surged across both established and emerging markets. Absorption is on track to exceed the record levels of 2023. Despite a growing supply pipeline, demand continues to outpace supply, causing vacancy rates to steadily decline.