Ben Ashkenazy is plotting the redevelopment of a shopping center in the nation’s capital, even as his company remains on defense regarding other Washington, D.C. holdings. Ashkenazy Acquisition Corporation announced plans for the transformation of […]
Ranking as a top-10 lender in the hotel sector for a third consecutive year ATLANTA, April 02, 2024–(BUSINESS WIRE)–Peachtree Group (“Peachtree”) ranked as the seventh largest U.S. commercial real estate investor-driver lender by the Mortgage […]
After a long bear market, mortgage real estate investment trusts (mREITs) are apparently making a comeback. Eight of the 12 best-performing REITs over the last five trading days have been mREITs. Four of the mREITs […]
In a rapidly evolving financial landscape where innovation is key to success, Trade Ledger emerges as a trailblazer, reshaping commercial banking. Founded by visionaries Martin McCann and Alan Beattie, Trade Ledger specializes in providing […]
Bob Knakal, the veteran sales broker who has arranged more than $20B in New York City commercial real estate deals, is back with a new venture. Knakal launched BK Real Estate Advisors on Tuesday, a brokerage that he […]
The saga of 660 Madison Avenue, once home to Barneys New York, reflects the evolving luxury market. After Barneys’ 2019 liquidation, LVMH considered it for a Cheval Blanc hotel but backed out due to […]
In Franklin Savings Bank v. Bordick, issued on February 29, 2024, the Law Court reversed a decision of the Business and Consumer Docket (BCD) and remanded a personal property recovery judgment for further analysis regarding […]
Mountain America Credit Union Mountain America is the No. 1 credit union lender for most SBA loans on Callahan & Associates’ list A Media Snippet accompanying this announcement is available by clicking on this link. […]
Key takeways Compared to other types of lenders, banks may offer larger loan amounts and lower rates Banks typically require a credit score of at least 670 for a small business loan Bad credit and […]
(Bloomberg) — Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed […]
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