Tabak, Eliasaf ante up $69M loan for All Year Management
TNW Capital, a lending platform owned by Joseph Tabak and Ran Eliasaf, has closed on a $69 million loan to Yoel Goldman’s All Year Management. The senior loan is secured by a portfolio of ten properties located across Br.....»»
Billionaire investor Howard Marks compares gold"s value to a "superstition" and criticizes taxes on unrealized gains
"What happens if you have a down year? You get a refund?" the Oaktree Capital Management boss quipped. .....»»
The hedge fund industry raked in 12.3% last year, its largest annual return since 2009, as markets bounced back from coronavirus lows
Hedge fund assets under management ballooned 7.7% to a record $3.5 trillion amid nascent investor bullishness. Spencer Platt/Getty Images Hedge funds enjoye.....»»
Earthstone Energy closes Independence Resources Management acquisition after tough year for industry
Earthstone cut back capital spending in 2020 just like everyone else, but the company had been positioned to survive downturns well before the start of the pandemic......»»
Record low mortgage rates may be ending; 30-year rises to 2.79%
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan jumped to 2.79% from 2.65% la.....»»
The week in bankruptcies: Evergreen Mortgage Notes LLC, River Bend Management Group of Florida LLC and 1 more
Orlando area bankruptcy courts recorded three business filings — including one with total debt above $1 million — during the week that ended Jan. 8, 2021. Year to date through Jan. 8, 2021, the court recorded 0 Chapter 7 or Chapter 11 busines.....»»
The Fed: Fed to keep expiring Main Street lending program open until Jan. 8
The Federal Reserve on Tuesday said it would extend the termination date of its "Main Street" lending program to Jan. 8 to give the central bank more time to process a flurry of loan requests at the end of the year......»»
Taking stock of a remarkable year in asset and wealth management
The story of 2020 for asset managers was undoubtedly the industry's many.....»»
Mortgage rates hit another record low: 2.66% for 30-year fixed-rate loan
U.S. long-term mortgage rates dropped this w.....»»
Small-business owners: Were you rejected for a PPP loan earlier this year?
We'd like to understand how small-business owners are faring during the pandemic. We'd like to understand how small-business owners are faring during the pandemic......»»
Public Storage Outed Elliott Management’s Plans
In a sign of how aggressively campaigns may be waged next year, Public Storage outed Elliott Management’s plans to advance a six-person slate to its board last week, citing a li.....»»
Hawaii applies for federal loan as unemployment fund projected to run out in June
Scott Murakami told Pacific Business News the new projection was included in the department’s application to the U.S. Department of Labor for the credit line, which is interest-free for the state through the end of the year......»»
FEMA cancels controversial $55 million contract to a company that"s never manufactured N95 masks after it failed to deliver the order
Reuters The Trump administration awarded a $55 million contract for N95 masks to a company with no experience producing medical supplies and whose parent company filed for bankruptcy protection last year. The Federal Emergency Management Agency on Tuesd.....»»
Delta Electronics sees April revenues rise sequentially
Power supply and energy management solution provider Delta Electronics has reported consolidated revenues of NT$23.298 billion (US$773 million) for April, increasing 10.50% sequentially but decreasing 0.54% on year......»»
Altisource Asset Management reports Q1 EPS ($2.35) vs. (56c) last year
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.....»»
Cryptocurrency hedge-fund survey hints at big quant disparities
Cryptocurrency-focused hedge funds’ assets under management jumped in 2019, according to a new survey, but there were some big differences in performance during the year......»»
Riverview Bancorp Reports Fourth Quarter and Fiscal Year 2020 Results; Highlighted by Strong Loan and Deposit Growth
VANCOUVER, Wash., May 07, 2020 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) ("Riv.....»»
Big downtown hotel returns PPP loan under protest
"Ashford Management had no intention of crowding out any business from gaining equal access to the PPP funds.".....»»
Mortgage rates tumble to a record low
U.S. mortgage rates fell once again to the lowest on record. What’s also declining is the number of people who can benefit. The average rate for a 30-year loan was 3.23%, down from 3.33% last week... To view the full story, click the title link......»»
US mortgage rates at all-time lows; 30-year loan at 3.23%
The average rate o.....»»
IOU Financial Inc. Releases Financial Results for the year ended December 31, 2019
Loan originations increased 23.4% to US$154.2 million in 2019 compared to 20.....»»