Accounts

Opportunity and value of private credit

There have always been and still are excessive spreads in private debt opportunities in the middle market – but many institutional investors struggle to access the middle market. “You can’t flip a switch and be successful,” says Andrew Edgell, senior managing director and global head of credit investments at CPP …

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ACRES issues $30.5 million loan for 1200 West Fulton Street in Chicago

CHICAGO, January 18, 2022 /PRNewswire/ — ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading mid-market commercial real estate lender, has launched a $30.5 million loan to finance the acquisition and pre-development of 1200 Fulton Street (the “Property”) at Chicago. Located in the heart of the Fulton Market District, …

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The Coming Crisis in the Decentralized Lending Market

Credit has become the fastest growing decentralized finance (DeFi) sector in recent years. Now, this segment represents almost half of the total transaction volume of the DeFi market, or, to be more precise, around $40 billion, according to Statista. Most experts agree that’s not the limit, given the rapidly growing …

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Mortgage rates have hit a new high since the onset of Covid – What this means for borrowers – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Mortgage rates are on fire in 2022, up 30 basis points to 3.45% in the first two weeks of January alone – and the highest since March …

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New U.S. funding elevates Christine Obermayer to Vice President, Retention

Obermayer joined New American Funding in 2012 and has been climbing the corporate ladder since then. She joined New American Funding as Senior Loan Manager, before being promoted to Junior Sales Manager, Senior Sales Manager and finally Vice President, Retention. Obermayer brings 23 years of mortgage operations, sales, wholesale and …

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PRMI Reverse Division Adds Pahel to Leadership Role, Adds Arizona Branch

The reverse mortgage center of Primary Residential Mortgage (PRMI), the Owings Mills, Md., Steven J. Sless group, announced this week the appointment of Greg Pahel as Retail Production Manager overseeing the producing reverse mortgage loans for consumers, in addition to running a branch focused exclusively on reverse mortgages in the …

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Chicago Atlantic Real Estate Finance, Inc. Funds Senior Secured Credit Facility to MEDfarms | Your money

CHICAGO, January 03, 2022 (GLOBE NEWSWIRE) – Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic”), today announced that it is acting as Sole Lender on a New Credit Facility Senior secured credit for MEDfarms LLC (“MEDfarms”), a vertically integrated operator in Michigan. “We are extremely excited to support …

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Loads of payday loans. Usually only available on a hard and quick call of your own research

Loads of payday loans. Usually only available on a hard and quick call of your own research Not being homeowners once considering a workable amount from month to month, you may need a loan for your situation that interests you. Your higher rates are more affordable. Transformed the new fresh …

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General Assembly Pizza secures C $ 1 million in second tranche of debt financing

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. TORONTO – (BUSINESS WIRE) – General Assembly Holdings Limited (the “Society” Where “Georgia Pizza“) (TSXV: GA), a Toronto pizzeria turned omnichannel of consumer packaged goods (“GIC“), is pleased …

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Support Programs Abound for Homeowners and Home Buyers in the Area |

CENTER, Mo. – John McElfresh, of Center, Mo., took a hands-on approach to building a new laundry room for his home, receiving invaluable instruction and help from members of the self-help team at the North East Community Action Corporation. (NECAC). McElfresh began the New Addition Project through the Self-Contained Housing …

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