Wall Street Investment Firms Scored Emergency Government Loans Amid Pandemic, Banking News & Top Stories - The Straits Times
July 07, 2020 9:13 AMBOSTON (REUTERS) - Some investment firms, including those that run hedge funds or manage money for wealthy investors, are among the businesses approved for emergency US government loans to help small companies and non-profits pay employees during the coronavirus lockdown, according to data made public on Monday (July 6).
Commercial property sales in New York City took a deep dive in the second quarter, reports the Wall Street Journal. As department stores disappear, regional malls could follow, according to the New York Times. These are among today's must reads from around the commercial real estate industry.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Strongbridge Biopharma plc (NASDAQ:SBBP) at the end of the first quarter and determine whether the smart money was really smart about this stock.
Nareit Senior Economist Calvin Schnure said the June employment numbers released last week were a "welcome positive surprise" that shows commercial real estate is heading in the right direction.
The organization's venture portfolio is currently 23 percent of the overall private equity bucket, more than double its target of 10 percent. Not yet registered? Join today to access Venture Capital Journal's industry insights and updates.
TAMPA, Fla., July 6, 2020 /PRNewswire/ -- Lingerfelt CommonWealth Partners, LLC (LCP), a Richmond, Virginia-based commercial real estate investment firm, today announced the sale of Buschwood III to Continental Capital Partners, a real estate investment company based in Virginia Beach, Virginia, for $10.35 million. Buschwood III, a two-story, 78,000 square-foot, Class A office building in Tampa, Florida, was 92% leased to a variety tenants including CoAdvantage, BluePearl Veterinary Services, and the GSA as of disposition. Buschwood III was 86% leased when LCP purchased the property in February 2018 for $8.9 million.
Besides being so rich in oil as a primary source for energy, the Middle East and North Africa have a great potential for renewable energy, especially solar one...
Why short-term CTAs remain up for the year, as other trend-following hedge funds take a tumble Submitted By Hugh Leask | 06/07/2020 - 5:33pm Short-term trend-following hedge fund strategies stayed in positive territory in the first six months of 2020, despite June proving to be another tough month in which CTAs' performance continued to slide as markets reverted and lacked direction.
Sequoia Capital India on Monday announced it has secured $1.35 billion from LPs for two new funds as the storied venture firm looks to ramp up its investments in the world's second-largest internet market and Southeast Asia. The two new funds -- a $525 million venture fund and a $825 million growth fund -- will help [...]
According to one firm, demand for 1031 exchange properties is about three times higher than normal. : As commercial real estate investors scramble to meet a July 15 deadline for wrapping up 1031 exchanges, they've been running into trouble finding replacement properties. For one thing, there simply aren't enough suitable like-kind assets to go around. "The coronavirus pandemic has thrown the economy and real estate market into turmoil, leading to serious issues for exchange buyers, which means they are not the only investors trying to find a replacement property.