Hunt Real Estate Capital Provides $32.5M Bridge Loan To Finance The Acquisition Of A Multifamily Property Located In Doraville, Georgia
NEW YORK, Jan. 20, 2020 /PRNewswire/ -- Hunt Real Estate Capital announced today that it has provided a first mortgage bridge loan in the amount of $32.5 million to finance the acquisition and renovation of a multifamily property located roughly 12 miles northeast of Atlanta in Doraville, Georgia. Ashford Walk is located at 3480 Morningside Village Lane. The property, built in 1983 and renovated in 2015-2016, is a 306-unit, garden-style multifamily community situated on a 23.7-acre site. The property is 93% occupied and comprised of 65 two-story residential buildings and one single-story clubhouse.
The firm which was in a stealth mode has also raised $6 million in seed round funding led by venture capital Sequoia India.
According to a study by International Data Corporation, company expense to realize digital transformation globally will reach IDR 28.000 Trillion (USD 2 Trillion) in 2022. With the purpose to accelerate digital transformation, Sagara Technology provides an end-to-end solution to support...
The 350-unit value-add investment marks the company's third multifamily buy in the metro in the past 12 months. : Starwood Capital Group has sold The Arbours of Hermitage, a 350-unit community in suburban Nashville, Tenn., for $48.5 million to Lion Real Estate Group, according to public records. Berkadia provided the buyer with $38 million in acquisition financing through Fannie Mae. The seller had acquired the Class B property in late 2016 for $38.6 million, Yardi Matrix shows. The value-add acquisition is Lion's third Nashville purchase in the past 12 months, according to Yardi Matrix.
A convicted hedge-fund manager assumed a fake name and wore a disguise to lure investors into a $30m cryptocurrency fraud in New York. According to the the US Securities and Exchange Commission, Boaz Manor, his business associate Edith Pardo, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, have been charged with violating the anti-fraud and securities registration provisions of the federal securities laws. The group allegedly raised over $30m in a fraudulent ICO, which had the goal of launching hedge funds testing technology to record transactions on blockchain.
ANE last raised $150 million in a Series E round from China's CDH Investments in 2018. The post Centurium Capital leads $300m round in Chinese unicorn ANE Logistics appeared first on DealStreetAsia.
CHICAGO, Jan. 20, 2020 /PRNewswire/ -- Samya.AI, an enterprise Revenue Growth AI SaaS company, announced today that it has raised $6 million in seed round funding led by Sequoia India. Samya's other initial investors include Ashish Gupta (Founder of Junglee.com and Helion VC), Deb...
Several of Britain's top pension funds say they would have lost hundreds of millions of pounds had they sold out of oil and gas stocks in recent years, highlighting a potential cost to scheme members as funds face pressure to help fight global warming.
SINGAPORE -- Singapore-listed commodity trader Olam International said Monday it is considering an initial public offering of two new business groups that it will create as part of an organizational reshuffle. The move to raise capital from outside investors is part of an effort to raise the company's corporate value, co-founder and CEO Sunny Verghese said in a briefing to media and analysts the same day. The reshuffle will fold its 12 business units into two larger groups, one focused on global agribusiness and the other on food ingredients.
20th Jan 2020 - 11:12am UMB launches direct portfolio access for hedge fund clients Submitted 20/01/2020 - 11:12am UMB Fund Services Contact Form Contact Company Hedge fund clients now have direct access to their data through a new online portfolio reporting tool introduced by UMB Fund Services. The portal is intuitive yet comprehensive, providing hedge fund clients with the information they need to analyse investments. Jill Calton, senior vice president, executive director alternative investments at UMB, elaborates on the process which led to the launch of this portal. "Our hedge fund clients generate large amounts of data.