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Published on Feb 17, 2021

Citi slammed in Revlon loan blunder; Biden extends foreclosure freeze

Receiving Wide Coverage ... Finders keepers A U.S. District Court judge “denied Citigroup’s request to claw back roughly $500 million it mistakenly paid out of its own pocket to investment firms that made loans to cosmetics giant Revlon,” the Wall Street …

Source: American Banker - Neutral
Published on Feb 23, 2021

Broadway Financial Corporation Announces Additional Commitments in Private Placement of Common Stock

LOS ANGELES, February 23, 2021 (BUSINESS WIRE) -- Broadway Financial Corporation ("Broadway") (NASDAQ: BYFC) today announced the execution of additional stock purchase agreements with institutional and accredited investors to raise an additional …

Source: Tradingcharts.com - Neutral
Published on Feb 22, 2021

M&T to buy People's United; rate rise adds to pressure on homebuyers

Receiving Wide Coverage ... Housing pressure builds Mortgage rates recorded “their biggest jump in more than a year last week, as higher Treasury yields and a rise in inflation expectations begin to feed through to the real economy, ” the Financial Times …

Source: American Banker - Neutral
Published on Feb 20, 2021

Barclays announces share buyback and dividends but outlook remains uncertain

London — A strong end to the year for Barclays traders helped the British lender deliver a share buyback and a return to dividends even as the bank said the outlook for 2021 remained uncertain. The London-based firm’s securities division reported a better …

Source: BusinessLIVE - Uncategorized
Published on Dec 14, 2020

Blackstone Real Estate Announces Acquisition of Premier Lab Office Portfolio from Brookfield Fund

NEW YORK--(BUSINESS WIRE)--Dec 14, 2020-- Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPPLS”) will acquire a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset …

Source: Odessa American - Texas - Neutral
Published on Jan 16, 2021

America’s big banks girded for a wave of bad loans. They’re still waiting

JPMorgan Chase & Co. posted a record quarterly profit while Citigroup Inc. and Wells Fargo & Co. both posted higher-than-expected earnings in the final three months of the year, boosted by the reserve releases and Wall Street’s record-setting run. …

Source: Mint - Neutral
Published on Feb 18, 2021

KKR's India NBFC, InCred set for all-stock merger

Mumbai: KKR & Co. has agreed to an all-stock merger of its India lending unit KKR India Financial Services (KIFS) with InCred, a shadow bank promoted by former Deutsche Bank officials, ending nearly 10 months of negotiations, said people aware of the …

Source: Economic Times - Uncategorized
Published on Feb 17, 2021

Hersha Hospitality Trust Provides Capital Allocation Update

- $200 Million Unsecured Notes Placement - - Successfully Amends Senior Credit Facility - - Covenant Waivers Extended Through March 31, 2022 - - Binding Sales Agreements on Six Hotels Totaling $216 Million - PHILADELPHIA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on Feb 13, 2021

Federal Reserve Board releases hypothetical scenarios for its 2021 bank stress tests

February 12, 2021 Federal Reserve Board releases hypothetical scenarios for its 2021 bank stress tests For release at 9:15 a.m. EST The Federal Reserve Board on Friday released the hypothetical scenarios for its 2021 bank stress tests. Last year, the Board …

Distribution channels: Banking, Finance & Investment Industry
Published on Feb 13, 2021

ING Groep (ING) Q4 2020 Earnings Call Transcript

Image source: The Motley Fool. ING Groep (NYSE:ING) Q4 2020 Earnings Call Feb 12, 2021, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. This is Patricia KlosovNorton, welcoming you …

Source: Financial Content - Neutral
Published on Feb 12, 2021

Banks' latest green battle: Plastics pollution

Banks have felt pressure in recent years from investors and environmental groups to curtail their financing of fossil fuel exploration. Now some of those groups are urging lenders to reexamine their relationship with the plastics industry. Banks’ financing …

Source: American Banker - Neutral
Published on Oct 9, 2020

Are Banks Reserving Enough for Commercial Real Estate Default Risk?

It's no secret that certain commercial real estate loans have become a lot riskier since the coronavirus pandemic emerged earlier this year. After all, the desire to prevent the spread of the virus has made traveling and staying in hotels, going to …

Source: Financial Content - Neutral
Published on Feb 10, 2021

Wells Fargo invests in Black-owned bank in Alabama

Wells Fargo & Co. made equity investments in six Black-owned banks – including one in Alabama – as part of a broader $50 million pledge to support minority-focused lenders. The San Francisco-based bank will assign dedicated teams to provide the lenders …

Source: Alabama State News - Uncategorized
Published on Feb 9, 2021

This ETF Could Benefit From Additional U.S. Stimulus

Financial services and bank stocks are in the spotlight as the likelihood of an additional US fiscal stimulus package increases. In 2020, financial shares underperformed, but renewed hopes for better returns in 2021 mean more capital is likely to go into …

Source: Investing.com - Neutral
Published on Sep 8, 2020

Commercial real estate flashes warnings; banks, fintechs join to fight deepfakes

Wall Street Journal Public spat Citigroup and Brigade Capital Management, a big hedge fund client, “are locked in an uncharacteristically public feud that has embroiled top executives at both firms and laid bare a $900 million mistaken payment by the bank. …

Source: American Banker - Neutral
Published on Nov 20, 2020

Blackstone Completes $14.6 Billion Recapitalization of BioMed Realty

NEW YORK--(BUSINESS WIRE)--Nov 20, 2020-- Blackstone (NYSE: BX) today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have completed their previously announced transaction to sell BioMed Realty for $14.6 billion to a group led by …

Source: Odessa American - Texas - Neutral
Published on Aug 20, 2020

Real Estate Transfers: Aug. 20, 2020

Listings prepared for Times Review Media Group by Suffolk Research Service, dated July 4-10, 2020. AQUEBOGUE (11931) • Wilmington Savings to West II, John, 170 Grant Dr (600-66-4-1.34), (R), $561,000 BAITING HOLLOW (11933) • Manzi Homes East LLC to Cevasco …

Source: Suffolk Times - New York - Neutral
Published on Feb 5, 2021

How India Finally Got Around to Starting a ‘Bad Bank’

It’s a place where a struggling financial institution can put assets it wants off its own books to eventually sell or unwind. Often it’s made up of businesses or holdings that are dragging the bank down, such as risky and illiquid derivatives or delinquent …

Source: The Washington Post - Neutral
Published on Feb 4, 2021

Diversified Healthcare Trust Prices $500 Million of 4.375% Senior Notes due 2031

NEWTON, Mass., February 3, 2021 (BUSINESS WIRE) -- Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has priced an underwritten public offering of $500 million of 4.375% Senior Notes due 2031, guaranteed by certain of DHC's …

Source: Tradingcharts.com - Neutral

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Published on February 26, 2021 - 21:27 GMT

New York State Real Estate Board to Meet Thursday, March 11, 2021 at 1:00 p.m.

For Immediate Release: February 26, 2021 Contact: 212-417-5801 press@dos.ny.gov Follow us on Twitter @NYSDOS New York State Real Estate Board to Meet Thursday, March 11, 2021 at 1:00 p.m. Members of the New York State Real Estate Board will meet on …

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Published on February 26, 2021 - 21:59 GMT

Ocwen Financial Announces Pricing of $400 Million of Senior Secured Notes Due 2026 by PHH Mortgage Corporation

WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) priced $ …

Distribution channels: Banking, Finance & Investment Industry ...

Published on February 26, 2021 - 13:00 GMT

Colliers ranked among top three commercial real estate brands by Lipsey survey

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- For the fourth straight year, leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has been named one of the top three global commercial real estate brands by …

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Published on February 25, 2021 - 15:40 GMT

GRABER REALTY GROUP NAMED “TOP LUXURY REAL ESTATE INDUSTRY LEADERS” IN MIAMI MAGAZINE

Proprietary Valuation Matrix, Industry Leading Marketing, and Personal Touch Drive Success for Clients MIAMI, FL, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- GRABER Realty Group was selected as “Top Luxury Real Estate Industry Leaders” in the …

Distribution channels: Building & Construction Industry, Business & Economy ...

Published on February 26, 2021 - 21:28 GMT

Vornado Completes $525 Million Refinancing of One Park Avenue

NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that its 55% owned joint venture has completed a $525 million refinancing of One Park Avenue, a 943,000 square foot Manhattan office building. The interest only …

Distribution channels: Media, Advertising & PR, Real Estate & Property Management ...
Published on February 26, 2021 - 09:00 GMT

Digging Deep with Liquid Expat Mortgages

Over the course of four Q&A sessions we’ll look at some of the more common questions specialist expat mortgage broker Liquid Expat is asked by its customers. MANCHESTER, GREATER MANCHESTER, UK, February 26, 2021 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 25, 2021 - 21:33 GMT

Freddie Mac Issues Monthly Volume Summary for January 2021

MCLEAN, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for January 2021, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, …

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Published on February 26, 2021 - 18:05 GMT

Miami Investor/Broker

MIAMI, FL, USA, February 26, 2021 /⁨EINPresswire.com⁩/ -- The story we are telling you today begins in the most beautiful country in the world: Italy, the country whose history and culture are told everywhere. Cradle of civilization and the arts, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...

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Published on February 26, 2021 - 21:46 GMT

SoCal Based Landscaper Launches New Educational YouTube Series

Harvest Landscape Enterprises Inc., Launches "The Harvest Lab" dedicated to environmental awareness and conservation ANAHEIM, CA, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- Want to learn why mulch is necessary, how bees …

Distribution channels: Agriculture, Farming & Forestry Industry, Environment ...
Published on February 26, 2021 - 21:31 GMT

AFFIRM Testing Platform 2020 MVP for BlackFin Group

BlackFin Group has released its 2020 performance report, which shows its AFFIRM testing platform contributed significantly to the company’s growth. LAGUNA HILLS, CA, USA, February 26, 2021 /⁨EINPresswire.com⁩/ -- BlackFin Group, a management …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 26, 2021 - 20:41 GMT

Five Breathtaking Villas with Stunning Views in Award-Winning Exuma Bahamas Resort to Auction via Concierge Auctions

Five villas with ocean or golf course views in award-winning Exuma Bahamas resort goes to Auction via Concierge Auctions with Tanya Manos of Realty with T. NEW YORK, NEW YORK, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- Villas 1612, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 26, 2021 - 18:05 GMT

Miami Investor/Broker

MIAMI, FL, USA, February 26, 2021 /⁨EINPresswire.com⁩/ -- The story we are telling you today begins in the most beautiful country in the world: Italy, the country whose history and culture are told everywhere. Cradle of civilization and the arts, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 26, 2021 - 17:00 GMT

The Fundamentals of Yield Management & Dynamic Pricing

Finding that sweet spot where your price perfectly matches the demand is when your rates will “yield” the most amount of sales and revenue. SAN FRANCISCO, CALIFORNIA, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- What’s Yield Management …

Distribution channels: Business & Economy, Companies ...
Published on February 26, 2021 - 15:38 GMT

Concierge Auctions Announces February/March Global Auction Lineup of $94 Million in Properties—Most No Reserve

NEW YORK, NEW YORK, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- Concierge Auctions has released its February/March lineup of over $94 million of luxury properties spanning 5 countries and 4 U.S. states—the majority offered No …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 26, 2021 - 14:00 GMT

Crypto Asset World Offers a platform "Inspirations" for Newbies in Crypto World

The Crypto Business world delighted to start a new section 'Inspirations' to educate Newbies publishing Success Stories and biographies of market leaders NEW YORK, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- Crypto Business …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 26, 2021 - 11:00 GMT

Governments and Corporations are Responsible for the Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 26, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on February 26, 2021 - 21:28 GMT

Vornado Completes $525 Million Refinancing of One Park Avenue

NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that its 55% owned joint venture has completed a $525 million refinancing of One Park Avenue, a 943,000 square foot Manhattan office building. The interest only …

Distribution channels: Media, Advertising & PR, Real Estate & Property Management ...
Published on February 26, 2021 - 09:00 GMT

Digging Deep with Liquid Expat Mortgages

Over the course of four Q&A sessions we’ll look at some of the more common questions specialist expat mortgage broker Liquid Expat is asked by its customers. MANCHESTER, GREATER MANCHESTER, UK, February 26, 2021 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 26, 2021 - 20:22 GMT

Landmark Infrastructure Partners LP Announces 2020 K-1 Tax Package Availability

EL SEGUNDO, Calif., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the “Partnership”) (NASDAQ: LMRK) today announced that it has completed the 2020 tax packages for unitholders of the Common Units (LMRK), Series A Preferred Units ( …

Distribution channels: Media, Advertising & PR, Real Estate & Property Management ...
Published on February 26, 2021 - 17:41 GMT

FRP Holdings, Inc. Announces Release Date for Its Fourth Quarter and Year Ended December 31, 2020 Earnings and Details ...

JACKSONVILLE, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its fourth-quarter and year-end earnings results on Monday, March 1, 2021. The Company will also host a conference call on Thursday, March 4, 2021 …

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Published on February 26, 2021 - 13:30 GMT

Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2020 Results

NASHVILLE, Tenn. , Feb. 26, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported …

Distribution channels: Business & Economy, Real Estate & Property Management ...
Published on February 26, 2021 - 13:00 GMT

Colliers ranked among top three commercial real estate brands by Lipsey survey

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- For the fourth straight year, leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has been named one of the top three global commercial real estate brands by …

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Published on February 25, 2021 - 19:54 GMT

The Eastern Colorado Bank - keeping that Friendly, Community Bank Feeling as they Continue to Grow

CEOCFO Magazine interviews The Eastern Colorado Bank CEO Mr. Greg J. Weed on the Company’s mantra of Your Friendly Bank® CHEYENNE WELLS, COLORADO, US, February 25, 2021 /⁨EINPresswire.com⁩/ -- CEOCFO Magazine, an independent business and investor …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on February 25, 2021 - 19:06 GMT

Spectacular Oceanfront Florida Home to be Sold at No-Reserve Auction with Supreme Auctions

Seabloom offers an impeccable location to get away from it all in the paradise that is Vero Beach, Florida and will be sold to the highest bidder on March 20th VERO BEACH, FL, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Positioned in …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 25, 2021 - 18:08 GMT

Governments and Corporations are Responsible for the Life and Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on February 25, 2021 - 15:40 GMT

GRABER REALTY GROUP NAMED “TOP LUXURY REAL ESTATE INDUSTRY LEADERS” IN MIAMI MAGAZINE

Proprietary Valuation Matrix, Industry Leading Marketing, and Personal Touch Drive Success for Clients MIAMI, FL, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- GRABER Realty Group was selected as “Top Luxury Real Estate Industry Leaders” in the …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 25, 2021 - 15:00 GMT

Choosing the Right Property Management Company for You

SAVANNAH, GA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- So you’ve decided to get into the short-term rental game, turning your investment property into real profit. However, you don’t have the time or energy to spend on all the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 15:00 GMT

Anblicks joins AWS Select Partner network

Anblicks joins AWS Select Partner Network that allows it to deliver unique solutions to global customers and provide them a competitive edge over rivals. ADDISON, TEXAS, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Anblicks Inc., a …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...