Search Results for: real estate portfolio

CareTrust REIT Funds Mortgage Financing on Southeast SNFs; 96% of Year-to-Date $215.4 Million Investments Funded with Equity
Lending Mortgage News

CareTrust REIT Funds Mortgage Financing on Southeast SNFs; 96% of Year-to-Date $215.4 Million Investments Funded with Equity

Business Wire
by Business Wire0
CareTrust REIT, announced that it has funded a $15.7 million mortgage loan on a 2-asset, 115-bed skilled nursing portfolio located in the State of Florida. The borrowers under the loan are affiliates of Elevation Group, LLC, a Florida-based skilled nursing operator led by industry veterans Ken and Dan Funk. Elevation......
Future Proof Unveils Cutting-Edge Lineup of Fintech Demo Drop Finalists
Fintech News

Future Proof Unveils Cutting-Edge Lineup of Fintech Demo Drop Finalists

Business Wire
by Business Wire0
Seven impressive fintechs set to showcase their innovations in front of the largest independent gathering of financial advisors and professionals in the world Future Proof Festival, the largest wealth festival in the world and the most anticipated event in finance, announced an elite group of finalists for the second annual......
First Citizens Bank Provides $42 Million for Development of New Studio Facilities in Yonkers, NY
Banking Finance News

First Citizens Bank Provides $42 Million for Development of New Studio Facilities in Yonkers, NY

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Broadway, a new entertainment production facility 100% pre-leased to MediaPro Studios, located in Yonkers, New York. The new......
Eastern Bank Provides Financing For Raycon Construction, Conversion To An Employee-Owned Company
Banking News

Eastern Bank Provides Financing For Raycon Construction, Conversion To An Employee-Owned Company

Business Wire
by Business Wire0
Eastern Bank is pleased to announce it has provided the financing to facilitate Raycon Construction, LLC’s sale of 100% of its stock to a newly formed Employee Stock Ownership Plan (ESOP). Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast. Eastern Bank is......
Trebellar Secures Funding to Bring ‘Actionable AI’ to Workplace and Building Operations
Investment Services Machine Learning News

Trebellar Secures Funding to Bring ‘Actionable AI’ to Workplace and Building Operations

Business Wire
by Business Wire0
Software provider uses machine learning and AI to help automate facilities operations, surface actionable insights across real estate, space efficiency, well-being, and ESG climate goals Trebellar, a company founded by software-engineering veterans with extensive experience at Google, Salesforce, Waymo, and CERN, has announced the successful completion of its seed funding......
Aspen Power Completes Initial Closing on Credit Facilities Totaling $90 Million with Top Global Financial Institutions
Finance News

Aspen Power Completes Initial Closing on Credit Facilities Totaling $90 Million with Top Global Financial Institutions

Business Wire
by Business Wire0
Financing secured through J.P. Morgan and First Citizens Bank will support Aspen Power’s continued growth and development in key markets. Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced that it completed the initial closing on a $70 million credit facility with J.P. Morgan......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
Ellington Financial and Great Ajax Announce Definitive Merger Agreement
Investment Services News

Ellington Financial and Great Ajax Announce Definitive Merger Agreement

Business Wire
by Business Wire0
Transaction Increases Scale and Enhances Access to Securitization Markets Ellington Financial Inc., a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp., a real estate investment trust that invests primarily in residential mortgage loans, announced that they have entered......
LL Funds Leads Picket‘s $20 Million Series B Round of Investment
Fintech Funding Investment Services News

LL Funds Leads Picket‘s $20 Million Series B Round of Investment

Business Wire
by Business Wire0
Funds will support the continued growth of innovative, all-in-one investing platform for single-family rental real estate investors of every scale Picket, the leading provider of integrated technology and services for residential real estate investing, management, and resident experience, announced $20 million in Series B financing led by LL Funds. RET......
SwiftConnect and Cureoscity Transform Workplace Experiences with Employee Badge in Apple Wallet
Digital Wallet News

SwiftConnect and Cureoscity Transform Workplace Experiences with Employee Badge in Apple Wallet

PR Newswire
by PR Newswire0
With the total number of digital wallet users expected to exceed 5 billion in 2026, adoption is being driven by a surge in super apps – such as workplace apps that centralise tenant experiences. SwiftConnect, a leading provider of connected access enablement, and Cureoscity, a leading occupier experience and property management platform, announced......
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