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Stonehill Deploys $1.2B in Real Estate Investments
Stonehill, a commercial real estate direct lender, completed $1.2 billion in investments for 2022 through loan originations and commercial property assessed clean energy financing ("CPACE"), primarily in the hospitality and retail sectors, with $813 million and $163 million in investments completed...
2/3/2023
Bridge Bank’s Capital Finance Group Adds Three Hires in Key Markets
Bridge Bank announced that its Capital Finance Group has added three new hires to support key markets. The new team members, based in Seattle, Chicago and Las Vegas, will serve Bridge Bank clients nationwide.In addition to providing traditional corporate banking solutions and sophisticated cash...
First Citizens Bank Arranges $65.7MM in Financing for Development of Apartments
First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, Washington. The Spark...
2/3/2023
Access Capital Adds Torres as SVP, Head of Business Development
Access Capital announced that Raphael Torres of Fort Lauderdale has joined the team as Senior Vice President and Head of Business Development.   Named a Forty Under Forty designee by SFNet in 2018, Raphael’s experience in asset-based lending spans over two decades. During his career at Wells Fargo...
 
Conditions Ripe for Receiverships
Bill Lawrence
More and more businesses are showing signs of distress. When businesses become insolvent, they have only a few choices...
11/1/2022 Topic: Bankruptcy
As economic volatility ensues and more businesses face distress, Ben Nicholson...
Ben Nicholson, CEO of Fortis Business Advisors discusses the use of "Pop-Ip"...
Topic: Bankruptcy
 
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