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Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, due to a property refinancing deal, reports say
As part of a $1.2 billion bond sale and refinancing, Vornado Realty Trust and The Trump Organization were set to get $617 million, Bloomberg reported. Protestors outside 555 California Street in San Francisco in 2017. Ben Margo/AP Photo Vorn.....»»
Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, from a property refinancing deal, reports say
As part of a $1.2 billion bond sale and refinancing, Vornado Realty Trust and The Trump Organization were set to get $617 million, Bloomberg reported. Protestors outside 555 California Street in San Francisco in 2017. Ben Margo/AP Photo Vorn.....»»
Dating-App Industry Veteran Sam Yagan Files For New SPAC, Looking To Raise $200 Million
Sam Yagan, formerly of OKCupid and Match Group, could be trying to capitalize on the momentum seen this week in the dating-app industry with the blockbuster IPO of Bumble Inc (NASDAQ: read more.....»»
: Mobile-games developer Playtika files for IPO
Israel-based mobile-games designer Playtika Holding Corp. announced intentions to go public, according to a Securities and Exchange Commission filing Friday. The company said it planned to raise $100 million, but that’s often a placeholder amoun.....»»
Starwood Property Trust Reports Results for the Quarter Ended March 31, 2020
GREENWICH, Conn., May 4, 2020 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE:STWD) today announced operating results for the fiscal quarter ended March 31, 2020. The Company had a first quarter 2020 GAAP net loss of $66.8 million, or $(0......»»
Fast-growing Portland-area tech firm files for IPO
Vancouver-based ZoomInfo has filed for an initial public offering with the Securities and Exchange Commission. The company, which plans to list on the Nasdaq exchange under the ticker “ZI,†could raise $500 million, according to paperwork, but th.....»»
S.F. waterfront hotel to raise new flag early next year
A prominent 200-room San Francisco hotel on the Embarcadero is set to undergo a major facelift this year. Pebblebrook Hotel Trust (NYSE: PEB) announced it will spend $25 million to renovate the Hotel Vitale into 1 Hotel San Francisco, a new brand o.....»»
Shoes and accessories maker Cole Haan files for IPO
Shoes and accessories maker Cole Haan filed for an initial public offering on Friday, with plans to list on Nasdaq. The company said it plans to raise up to $100 million, likely a placeholder su.....»»
Some New Yorkers see promise in property-tax overhaul, but details are lacking
Online mattress seller Inc. slashed the target price for its . Casper is now aiming to sell shares for $12 to $13 each to raise just $108.55 million at the top of the new range, according to a... To view the full story, click the title link......»»
Another Navy Yard building trades for top dollar
As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Manage.....»»
City Council approves $100 million fund for affordable housing
Sacramento City Council voted unanimously on Tuesday to create a new trust fund which could raise $100 million over two years to kick-start the construction of a possible tens of thousands of new affordable housing units. The proposed trust fund wou.....»»
Weed REIT to raise $150 million, stock falls 4%
Cannabis real estate investment trust Innovative Industrial Properties Inc. said late.....»»
JLL buys East Valley industrial complex
JLL Income Property Trust has bought the Chandler Distribution Center, a 211,000-square-foot industrial complex, for $31 million. The distribution center, near Loop 202 and Germann Road in Chandler, includes two newly developed Class A warehouses tha.....»»
Miami-Dade restaurant building owner files for Chapter 11 bankruptcy
The property was subject to a $5 million foreclosure judgment......»»
N.Y. REIT grabs another San Francisco office building
Columbia Property Trust Inc. (NYSE: CXP) is snapping another San Francisco office building to add to its 2 million-square-foot Bay Area portfolio: The landlord is under contract to buy 201 California St., a 272,000-square-foot office tower, for $239 m.....»»
N.Y. REIT grabs another San Francisco office building for $239M
Columbia Property Trust Inc. (NYSE: CXP) is snapping another San Francisco office building to add to its 2 million-square-foot Bay Area portfolio: The landlord is under contract to buy 201 California St., a 272,000-square-foot office tower, for $239 m.....»»
Sanders Trust makes $21.5M deal in Florida
The Sanders Trust made a $21.5 million acquisition of the property housing the Beach House Recovery Center in Juno Beach, Florida, as part of a joint venture. The 63,108-square-foot facility, which is on a long-term lease, will continue to be oper.....»»
Four Corners Property Trust files automatic mixed securities shelf
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Flooring company with Md. presence files to go public
A California flooring rollup that owns a Maryland business wants to be the region's next publicly traded company. F5 Finishes filed registration papers with the Securities and Exchange Commission on Thursday to raise up to $49 million. It plans t.....»»
Bitfinex Files for Subpoena in Bid to Recover $880 Million in Frozen Funds
Bitfinex has filed a subpoena application on a former banking executive of a trust company that it believes can help it recover over $850 million......»»