Tag Archives: real estate

goeasy (TSE:GSY) switched to “Strong-Buy” at Raymond James

goeasy (TSE:GSY – Get an assessment) was raised by Raymond James equity researchers from an “outperform” rating to a “strong buy” rating in a research report released Friday to clients and investors, BayStreet.CA reports. The company currently has a price target of C$207.00 on the stock. Raymond James’ target price indicates a potential upside of 61.21% from the company’s current ...

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Assembly bill would tax house flippers, those who sell homes a few years after purchase

San Diego- House flippers could be taxed 25% of their profits under the California Speculation Act, a bill introduced by Assemblyman Chris Ward, D-San Diego. Assembly Bill 1771 is intended to discourage real estate speculation, which Ward says drives up home prices as equity investors outbid single-detached home buyers. “We’ve heard of people moving into their first homes getting beaten ...

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List of the DOJ’s Top Ten Consumer Complaints in 2021

To kick off National Consumer Protection Week, Attorney General Ellen Rosenblum today released the Oregon Department of Justice’s (DOJ) Top Ten Consumer Complaints list of 2021. For the second year in a row, auto sales and repairs, telecommunications, and impostor fraud took the top three spots. Much of the Oregon DOJ’s consumer protection is aimed at reducing the burden on ...

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Deed contract may leave Midwest homebuyers out in the cold | State News

Most Americans who want to own a home — and can afford it — follow a fairly straightforward path to their dreams. They start with a loan from a bank or mortgage company, institutions subject to state and federal regulations. When buyers complete the sale of the home they want, the deal is registered with the government, usually at county ...

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Haus Launches $HAUS Home Equity Security Token, Laying the Groundwork for a Whole New Market Backed by the World’s Largest Asset Class

SAN FRANCISCO–(BUSINESS WIRE)–House today announced the launch of HausCoin ($HAUS), a brand new financial infrastructure offering an alternative to the debt and interest focused Mortgage Backed Securities (MBS) markets with a new equity focused market. Built on the Ethereum blockchain, HausCoin offers investors a way to directly buy $HAUS, backed 1:1 by home equity, and reap returns based on the ...

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Associated Banc-Corp – Consensus indicates 7.8% upside potential

Associated Bank-Corp with ticker code (ASB) now have 9 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The target price ranges between 27 and 23, with the average target price standing at 25.67. Given that the stock’s previous close was at 23.82, this indicates that there is upside potential of 7.8%. The 50-day moving average now stands ...

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Analysts release forecast for goeasy Ltd earnings. in the first quarter of 2023 (TSE: GSY)

goeasy ltd. (TSE:GSY) – Equity analysts Raymond James raised their first-quarter 2023 earnings per share (EPS) estimates for goeasy in a research note released Thursday, February 17. Raymond James analyst S. Boland now expects the company to earn $3.39 per share for the quarter, up from his previous forecast of $3.26. Raymond James has an “outperform” rating and a price ...

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DLP Capital acquires “The Proper” apartment complex in Houston

ST. AUGUSTINE, Florida, February 16, 2022–(BUSINESS WIRE)–DLP Capital, a private real estate investment and finance company, announces the purchase of The cleana 235-unit apartment complex in Houston, located at 4971 Martin Luther King Jr Blvd, Houston, TX 77021. The property will be renamed DLP itselfsignifying DLP Capital’s continued commitment to bringing workforce housing to the City of Houston. Built in ...

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PROVIDENT FINANCIAL HOLDINGS INC Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-Q)

General Provident Financial Holdings, Inc., a Delaware corporation, was organized in January 1996 for the purpose of becoming the holding company of Provident Savings Bank, F.S.B. ("the Bank") upon the Bank's conversion from a federal mutual to a federal stock savings bank ("Conversion"). The Conversion was completed on June 27, 1996. The Corporation is regulated by the Federal Reserve Board ...

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Why Walker & Dunlop (WD) is buying GeoPhy for $85 million in cash

Walker & Dunlop, Inc. (NYSE: WD) recently announced that it has reached an agreement to purchase GeoPhy for $85 million in cash. These are the details. Walker & Dunlop, Inc. recently announced that it has entered into a definitive agreement to purchase GeoPhy, a leading commercial real estate technology company. GeoPhy’s data analytics and development capabilities will significantly accelerate the ...

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Former NAB and ‘Big Four’ leader joins fintech CrowdProperty Australia to lead investment growth

SYDNEY, February 7, 2022 /PRNewswire/ — Diana Schoolmana former head of professional services at NAB and a former director at PwC and Deloitte, has joined fintech CrowdProperty Australia as director of strategic partnerships, to lead the company’s growth with wholesale, sophisticated and institutional investors. Diana Shoolman — Director of Strategic Partnerships, CrowdProperty Australia This appointment is a clear statement of ...

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Raleigh financial adviser who stole $1.3m from elderly woman sentenced to 11 years in prison

Job : February 3, 2022 / 6:30 p.m. EST / Update: February 3, 2022 / 6:30 p.m. EST FILE: $100 bills. (NEXSTAR) NEW BERN, NC (WNCN) — A Raleigh financial adviser was sentenced Thursday to 11 years in prison for fraud and identity theft after stealing more than $1.3 million from an elderly woman he was advising , said the ...

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SouthState Corporation – Consensus Point to 2.6% Upside Potential

Southern State Corporation with the ticker code (SSB) now have 8 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 93 and 76 by calculating the average target price we have 86.88. With the stock’s previous close at 84.65, this would imply 2.6% upside potential. The 50-day moving average is 82.25 while the ...

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Standard Chartered provides $225 million senior secured syndicated term loan to refinance Cinnamon Life

Standard Chartered Sri Lanka has recently arranged a senior syndicated term loan facility in the aggregate amount of $225 million to Waterfront Properties Ltd., acting as mandated lead arranger and bookrunner. Proceeds from the facility were used to refinance the existing $395 million facility provided to Waterfront Properties Ltd. in 2014 for the development of Cinnamon Life, which is one ...

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Zacks Investment Research upgrades Investar (NASDAQ:ISTR) to buy

Investar (NASDAQ:ISTR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note released Tuesday, Zacks.com reports. The company currently has a price target of $21.00 on shares of the financial services provider. Zacks Investment Research’s price target would indicate a potential upside of 11.17% from the current stock price. According to Zacks, ...

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Hold onto the certainty of a fixed rate home loan

With accommodative monetary policy coming to an end, it makes sense to lock in interest rates that will remain static for some time The dream of every middle-class Indian family is to own a house. This is true regardless of the city in which they reside. When a child settles into a stable job, there is enormous parental pressure to ...

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Salisbury Bancorp – Consensus indicates 6.5% upside potential

Salisbury Bancorp with ticker code (SAL) now have 2 analysts covering the stock. Analyst consensus points to a buy rating. The range between the high target price and the low target price is between 41.5 and 40 with an average TP of 40.75. Now, with the previous closing price of 38.25, this would indicate that there is 6.5% upside potential. ...

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Citi warns of company debt linked to investor Adler

(Bloomberg) – Bloomberg’s Most Read Citigroup Inc. is warning Vivion Investments bondholders that the real estate company could be caught in the crisis that has engulfed a rival company and its largest shareholder. Vivion would struggle to receive payment from Adler Group SA investor Aggregate Holdings SA for the sale of the prestigious Kurfuerstendamm project in Berlin, Citi’s trading desk ...

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3 reasons renting can save you money in 2022

Image source: Getty Images Sometimes renting is the best way to save money. Key points Despite everything you may have heard about homeownership, it is not always the safest path to wealth. Historically, the stock market has beaten rising home values. To buy or not to buy? For some, this is a difficult question. Certainly, buying a property is the ...

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Current account, how to protect money from recession

Keeping real estate in your checking account can get expensive in the long run. Some investment tools can make unexpected money. Photo © AdobeStock Money in the checking account, which has always been synonymous with saving, may face a somewhat uncertain future. In fact, from 2022, the rules for keeping money in accounts will become stricter, due to the banks’ ...

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“I earn $ 250,000 a year and that still doesn’t seem like enough”

For Love & Money is Insider’s bi-weekly column answering your questions about relationships and money. This week, a reader whose household earns $ 250,000 asks how to reset her relationship with money so that she feels like she has had enough. Our columnist advises changing your habits, choosing new goals and considering therapy. A question for our columnist? Write to ...

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What you need to get a business loan

Business owners looking to improve their cash flow often see business loans as a way to get the capital they need to cover expenses or grow their business. But each lender has different business loan requirements for different types of business loans, and the application process can be simple or complex, depending on the lender and the type of loan. ...

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HAP refinances Harlem portfolio with $ 77 million Allegiant loan

HAP Investments has secured a $ 76.75 million loan from Allegiant Real Estate Capital to refinance HAP Investment’s strong East Harlem portfolio. “We are delighted with HAP’s commitment to New York and East Harlem, in particular, and are delighted to be a partner in their efforts,” said Randy Reiff, CEO of Allegiant Real Estate Capital. 2338 second avenue The refinanced ...

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Meadowood Mall secures $ 108 million refinancing deal

A long-time Reno mall just struck a multi-million dollar refinance deal. Owner Simon Property Group has completed a $ 108 million loan refinance for Meadowood Mall, the 900,000 square foot regional shopping center located at 5000 Meadowood Mall Circle in Reno. The majority of the funding comes from commercial real estate investment company 3650 REIT, which accounts for $ 58 ...

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Tax Court Shows Some Risks Of Using Self-Directed IRAs

getty True self-directed IRAs are increasingly popular among IRA owners. But the rules can be complicated and delicate. Two recent court cases show that the risks of investing through self-directed IRAs can be additional taxes and penalties when all the rules are not followed. Many IRA custodians say they offer self-directed IRAs. In fact, most IRA custodians limit the investments ...

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Why the price jumped today

Quest Resource Holding Corp’s (NASDAQ: QRHC) share price rose over 18% during intraday trading today. That’s why it happened. Quest Resource Holding Corp (NASDAQ: QRHC) – a national leader in environmental waste and recycling services – has risen more than 18% in today’s intraday trading. Investors are responding positively to Quest Resource Holding Corporation which today announces the acquisition of ...

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Satin Creditcare plans 15-20% growth in assets under management in fiscal 23, according to CMD

Financial Services with Satin Finserv, is expected to be completed by the end of March.” width=”620″ height=”413″/>Singh said the merger of Satin Creditcare’s two wholly owned subsidiaries, Taraashna Financial Services with Satin Finserv, is expected to be completed by the end of March. By Piyush Shukla Satin Creditcare Network, whose board of directors approved to raise 225 crore rupees on ...

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Bookkeeping Tips for Multi-Entity Farm Businesses | Characteristics

This is the time of year when farm businesses make the decision to change their structure for a January 1 start date. If this is something you are planning to do, it would be beneficial to talk to your team about it. It’s easier to start off on the right foot than to correct mistakes after the fact. Suzy Martin, ...

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Legal-Ease: Priorities and loan repayment process

Many of us have borrowed money and used real estate as “collateral” for this loan of money. These provisions basically provide that if the borrower does not repay the money owed to the lender, the lender can sue the borrower and possibly force the sale of the building which would provide the money to repay the lender. In these situations, ...

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ScotPac launches secured real estate and business loans for SMEs

ScotPac Managing Director Jon Sutton. Origin: supplied. Small business lender ScotPac is expanding its line of financing products, offering real estate and business loans in what could be a game-changer for many small business owners struggling to access finance. The home equity loan for business owners will allow borrowers to use their home equity to buy or refinance residential property. ...

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Mesoblast and Oaktree Capital complete refinancing and expansion of senior credit facility

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. NEW YORK, Nov. 21, 2021 (GLOBE NEWSWIRE) – Mesoblast Limited (Nasdaq: MESO; ASX: MSB), a global leader in allogeneic cellular drugs for inflammatory diseases, today announced that it has successfully refinanced its existing senior debt facility with a ...

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Current state of CMBS offerings and main concerns

BBacked by the basic policy “that housing is for residing, not for speculating”, real estate financing has become increasingly tight. Considering the advantages such as long terms, relatively low financing costs, low repayments over the period, flexibility in the use of the product, etc., Commercial Mortgage Backed Securities (CMBS) attract more and more market attention. Chen XiuliPartnerV&T law firm Current ...

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5 Steps To Avoid Stress And Debt This Holiday Season

SolStock / Getty Images The holiday season often comes with added stress for cash strapped families trying to find the perfect gifts for everyone on their list. But supply chain issues, inflation fears, and the ever-lingering risk of COVID infection mean Americans may need to spend a little more time planning a happy and healthy vacation. See: 5 Ways The ...

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Lakeland Bancorp, Inc. and 1st Constitution Bancorp

OAK RIDGE, NJ and CRANBURY, NJ, November 5, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Bancorp Constitution (“1st Incorporation ”) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, today announced that it has received approval from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking ...

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NewLake Capital Partners provides $ 30 million to Hero

NEW CANAAN, Connecticut, November 04, 2021 (GLOBE NEWSWIRE) – NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to cannabis operators, today announced that it has provided a nine-month senior secured loan to Hero Diversified Associates, Inc. (“HDAI”), which owns a state-licensed producer and processor of medical marijuana in Pennsylvania. The loan ...

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3 dividend-paying stocks under $ 10 with a dividend yield of at least 8% – The Madison Leader Gazette

Every investor wants their stocks to pay off – or they wouldn’t be in the markets. But finding the right investment, “the one” that will bring profits no matter what direction the markets as a whole take, can sometimes be difficult. The two simplest courses of action an investor can take to ensure solid returns are based on common sense. ...

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Agreement gives ports more leeway to issue bonds

A new contract between Ohio Jobs and six port authorities pledge to increase funding for real estate and commercial projects across the state. The private, non-profit economic development corporation puts $ 50 million in the reserves of five regional bond funds, including programs sponsored by the Cleveland-Cuyahoga County Port Authority and the Summit County Development Finance Authority. This agreement, the ...

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Union Savings Bank to Enter Cleveland Market with Independence Branch

Louis Beck, president of Union Savings Bank of Cincinnati, plans to establish an office for mortgage loan officers and associated staff while seeking regulatory approval for a branch and city approval for service at flying into the building the bank just bought from Independence. “This will be our home office there,” Beck said in a telephone interview. “We’ve made loans ...

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Mather secures funding for $ 500 million skyscraper, overcoming challenges of pandemic

Mather, a nonprofit organization for the elderly, is set to launch its retirement home project near Washington, DC, thanks to recently announced funding. Through syndication led by The Huntington National Bank, Mather secured $ 300 million in funding for the construction of The Mather, his future life plan community in Tysons, Virginia. Mather, based in Evanston, Ill., Also operates senior ...

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ReFIRBing a business: how changes to FIRB impacted Australian restructuring

Your restructuring strategy and goals may derail if you don’t consider up front, at least at a preliminary level, whether you will need FIRB approval. Formal insolvency appointments in Australia have dropped significantly by almost 45% since before the pandemic. A mix of legislative protections against the economic effects of the global pandemic, stimulus measures and access to cheap capital ...

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DA Davidson & Co. Acts as Exclusive Strategic and Financial Advisor for Information Research in its $ 192 Million Sale to Stewart Information Services Corporation

NEW YORK–(COMMERCIAL THREAD) –DA Davidson & Co. announced today that it has served as exclusive strategic and financial advisor to Informative Research (“IR”), a leading provider of technology-based credit data, analysis and decision-making products and services to the community mortgage, in its sale to Stewart Information Services Corporation (NYSE: STC), a global real estate services company, in a deal that ...

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Planks and necessary repairs – Corporate / commercial law

What happened at Surfside is a tragedy. No question. What was the cause? Almost everyone is pointing fingers and we may never know for sure – this is likely the result of a series of failures by various individuals, agencies, and laws. Among the possible causes in the news articles are governance failures – both the council waiting too long ...

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Chicago developer Sterling Bay secures $ 125 million loan for Lincoln Yards building

The loan and the grand opening are key milestones for Sterling Bay as it seeks to launch a 55-acre mixed-use campus along the North Branch of the river between Lincoln Park and Bucktown. The developer, who has partnered with Chicago-based real estate private equity firm Harrison Street and the investment arm of JPMorgan Asset Management on the new project, has ...

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How to get pre-approved for a mortgage

A mortgage pre-approval involves a lender withdrawing your credit and examining your financial situation to see if you qualify for … A mortgage pre-approval involves a lender withdrawing your credit and examining your financial situation to see if you qualify for a home loan and how much you can afford. You will need to provide several documents, including pay stubs, ...

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Credit Conditions Survey – 2021 Q2

Overview As part of our mission to maintain monetary and financial stability, we need to understand trends and developments in credit conditions. This quarterly survey of bank and building society lenders is an input to this work. The survey covers: Secured and unsecured lending to households Lending to non-financial corporations, small businesses, and to non-bank financial firms. This report presents ...

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First – Consensus points to a potential rise of 16.7%

First of all found using ticker (FCF) now have 6 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The range between the high target price and the low target price is between 18 and 15 and has an average target of 16.08. Given that the previous close of shares was at 13.78, this would imply a potential ...

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Consumers buying large banknotes with BNPL

Use of digital shopping platforms is driving “buy now, pay later” (BNPL) growth as more consumers embrace the convenience and speed of e-commerce, combined with the ability to buy. items they could not otherwise afford via smaller on-time installment payments. It may be inevitable that these two forces shaping commerce in the era of the pandemic will go beyond the ...

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HDFC Bank loan restructuring | HDFC Bank 2.0 Loan Restructuring Policy: Check Eligibility, Required Documents, Impact on Credit Score

New Delhi: The Reserve Bank of India’s (RBI) aid measures to borrowers in the form of a three-month loan moratorium program, which has been extended for another three months, ended on August 31, 2020. The RBI has provided a framework for banks and lending institutions to implement resolution plans to deal with the economic fallout from the COVID-19 pandemic, which ...

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Sheffield Financial and Suzuki Marine USA LLC Announce Retail Finance Program Agreement | State

WINSTON-SALEM, North Carolina, September 28, 2021 / PRNewswire / – Sheffield Financial, a division of Truist Bank, member of the FDIC and Suzuki Marine United States LLC (Suzuki Marine), recently entered into a financing services program agreement. Suzuki Marine offers a wide range of outboard motors, including the largest line of four-stroke engines in the industry. The agreement allows Sheffield ...

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JLL arranges joint venture and $ 300 million construction loan for specialist office in Cambridge

40 Thorndike, the only fully available office opportunity in the fast growing East Cambridge market BOSTON, September 23, 2021 / PRNewswire / – JLL announced today that its Capital Markets group has arranged debt and equity financing for the redevelopment of 40 Thorndike, a 475,000 square foot mixed-use project with office, residential and commercial in Cambridge East, Massachusetts. 40 Thorndike ...

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Forbright Bank signs the United Nations Principles for Responsible Banking

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. GENEVA – (BUSINESS WIRE) – Congressional Bank, which recently announced its intention to change its name to Forbright Bank, has become an official signatory of the United Nations Principles for Responsible Banking – a unique framework for a sustainable ...

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CoreVest Announces Expansion of Correspondent Channel for Commercial Lending with Pricing of First Bridging Loan Securitization

NEW YORK, September 20, 2021 / PRNewswire / – CoreVest American Finance, LLC (“CoreVest”) today announced it is expanding its channel of commercial lending correspondents after pricing of CoreVest’s inaugural securitization of bridge loans on assets transitional housing. The securitization, CAFL-2021-RTL1, had an initial capital balance of $ 270 million and represents an interest in a pool of loans secured ...

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Assetz Capital Says It Provides Funding To Northern Ireland Market Where Traditional Lenders Do Not Meet Requirements

Morgan mccandless, relationship manager at Assetz Capital, a market lending platform behind secured lending, reveals he joined Assetz in June this year, after working on the Northern Ireland portfolio as a consultant, before the outbreak of COVID. As Relationship Manager spanning Northern Ireland, he was primarily responsible for representing the Assetz Capital brand, “managing the current loan portfolio while identifying ...

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HUD Announces November Single Family Ticket Sale Made Up of Reverse Mortgage Properties

The US Department of Housing and Urban Development (HUD) announced Thursday that it will hold a competitive bid to sell vacant tickets held by HUD on November 10, consisting entirely of properties secured by home equity conversion mortgages (HECM ) in which the borrower is deceased and is not survived by a non-borrowing spouse (NBS). “On November 10, 2021, HUD ...

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Everything you need to know about P2P loans in India!

Peer-to-peer or P2P2 lending has gained traction among people following the news of fintech companies such as Cred and BharatPe venturing into the P2P segment. P2P lending is not risk-free, but it allows for higher returns for the lenders and lowers the interest rates for the borrower, making it favorable to both. It is a market where buyers and sellers ...

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Boston Properties Forms Joint Venture and Completes Acquisition of Safeco Plaza Marking BXP’s Entry into Seattle Market

BOSTON–(COMMERCIAL THREAD) – Boston Properties, Inc. (NYSE: BXP), the largest developer, owner and manager of Class A office buildings in the United States, today announced that it has completed the acquisition of Safeco Plaza, a 50 story building, 800,000 square foot LEED-Platinum certified Class A office building in Seattle, Washington. Safeco Plaza is currently 90% leased. This acquisition marks the ...

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People: Assetz Capital; Muse Developments; O’Connors Legal Services; Matt Hammer, Pixel Kicks; Bibby Financial Services

Market lender Assetz Capital has added two relationship managers to its bridge team in an effort to accelerate the growth of the bridge loan portfolio in the coming months. Laleta Buctkuar joins us after 12 years at Together and more recently at Roma Finance. A gateway specialist, Laleta brings a wealth of experience working in the middle market. Colin Mottram ...

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Compass, OriginPoint guaranteed rate loan origination company

Two of the biggest real estate market leaders are joining forces to form a new mortgage origination company. Compass Inc. and Guaranteed Rate announced on Tuesday that they had reached an agreement to form PointOrigin, using the breadth of knowledge and expertise of each company. OriginPoint will combine Compass’s end-to-end technology platform with secured rate digital mortgage capabilities to rapidly ...

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Ziegler Closes $ 115.6 Million Deal; $ 40.3 million gateway to the secure HUD for 2 SNFs

Chicago-based specialty investment bank Ziegler announced last week that it has entered into Series 2021A and Series 2021B bonds of $ 115,630,000 for a 24.3-acre continuing care community within Sawgrass, a 4,800 acre private resort and residential community in Florida. Based 20 miles southeast of Jacksonville, Florida at Ponte Vedra Beach, the community, Vicar’s Landing, includes 227 independent living units, ...

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Think carefully before co-signing for a loan

Co-signing a loan for a friend or family member can be a feel-good experience. On the other hand, adding your name to someone else’s financial obligation is a huge responsibility that can be devastating to your credit. So is co-signing a loan the right thing to do? Only you can make this decision. Whether it’s a car loan, mortgage, student ...

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Apollo Investment Corporation assesses the public offering of

NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) – Apollo Investment Corporation (NASDAQ: AINV) (the “Company”) today announced that it has priced a firm takeover bid of $ 125 million in the aggregate principal amount of 4,500% of bonds due 2026 (the “Notes”). The Notes will mature on July 16, 2026 and may be redeemed in whole or in part at ...

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