Kennedy Wilson may feel the brunt of high inflation, high interest rates and geopolitical issues, but it still wants to make a name for itself as a provider of credit. “We are currently one of […]
On November 2, 2023, Jeffrey Nager, the Executive Vice President and Head of Commercial Lending at The Bancorp Inc (NASDAQ:TBBK), sold 5,234 shares of the company. This move is part of a series of insider […]
NEW YORK, NY / ACCESSWIRE / October 30, 2023 / In a bold move that promises to reshape the commercial lending landscape, Groves Capital is spearheading a revolutionary transformation of the industry. With a sharp […]
BOK Financial, which operates Bank of Oklahoma, is forecasting strong loan growth at a time when other banks are retreating. Contributing to the opportunity are favorable economic conditions in the company’s markets and the fact […]
The Mortgage Bankers Assoc. predicts a decline from 2021’s $816B to $442B this year as interest rates keep rising and supply/demand’s future remains murky. WASHINGTON, D.C. – Total commercial and multifamily mortgage borrowing and lending […]
Brookfield Property Partners’ loan for the Pembroke Lakes Mall in Pembroke Pines was downgraded and watchlisted, raising doubts over the firm’s ability to pay off or refinance the debt maturing in 2025. Bond rating agency […]
HONOR, Mich. and WILMINGTON, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank […]
NEW YORK: Wells Fargo is teaming up with private equity firm Centerbridge Partners to launch a fund with the capacity to lend more than US$5bil to North American middle-market companies, the groups say. The move […]
(Bloomberg) — Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the outlook for interest rates and office valuations. Most Read from Bloomberg […]
WeWork’s financial plight represents a further blow for the troubled commercial real estate industry that is already grappling with surplus capacity after the coronavirus pandemic sparked a surge in working from home. Even now that […]
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