Posts in category

Recapitalization


RAVENNE – Residents of Bryn Mawr Glen can expect a nice makeover next year. National Church Residences, owner of the property, has planned a $ 3.3 million renovation of the 45-unit building on Bryn Mawr Street in Ravenna, according to Todd Hutchins, director of public relations for National Church Residences. After:Driver shortage leads PARTA to …

Admiral Linda Fagan was installed Friday as the first female to serve as the vice-commander of the U.S. Coast Guard and the first female four-star admiral in service history. Relieved Fagan Adm. Charles Ray during the ceremony at Coast Guard Headquarters in Washington. On Wednesday in Alameda, Calif., Rear Admiral Peter W. Gautier relieved Fagan …

Volunteer Bancorp Inc., the holding company of Civis Bank, is pleased to announce that it has completed an offering of common shares and a new series of non-voting common shares for gross proceeds of approximately 47 millions of dollars. Patriot Financial Partners LP and Hermann Companies led the recapitalization of the company. The proceeds will …

CARNEGIE, Pa .– (BUSINESS WIRE) – June 18, 2021– Rice Acquisition Corp. II (the “Company”) today announced the closing of its initial public offering (“IPO”) of 34,500,000 units, of which 4,500,000 units have been sold pursuant to the full exercise of the option. over-allotment of the Underwriters, at a price of $ 10.00 per Unit. …

JLL Capital Markets announced the arrival of Robert Bratley as Senior Director in its Denver office. JLL Capital Markets announced that it has added Robert Bratley as a senior manager in its Denver office. In this role, Bratley will work alongside JLL’s Jordan Robbins and Pam Koster to complete multi-unit investment sales advisory transactions in …

We are delighted to have helped form a new PE-supported DSO in the dental economy. Tweet this “TUSK has worked on a number of specialty transactions this year and we especially enjoy working in the orthodontic specialty. It’s rare to work with someone like Dr. Jason hartman who has both a passion for clinical care …

MORRISTOWN, NJ, June 15, 2021 – JLL Capital Markets today announced the closing of the sale of a fully leased 50,400 square foot last mile distribution facility to a premier multinational tenant in Branchburg, New Jersey. JLL marketed the property on behalf of the seller, Elberon Development Group and The Avidan Group. NorthBridge Partners purchased …

What is a land lease? The land lease is more commonly used than you might think. It leverages the value of your land – typically the least revenue-generating segment of your assets – by separating ownership from that of the building and other improvements built on the land. Widely used by well-known national chains, such …

LAC SARANAC – Saranac Waterfront Lodge is seeking additional investors for the boutique hotel on the Pontiac Bay shore of Flower Lake as it struggles to recover after fire damaged the building earlier this year. A registration on the Berkadia commercial mortgage service does not include a price. Berkadia adviser Denny Meikleham called this a …

Ares Capital Co. (NASDAQ: ARCC) saw unusually large options trading on Friday. Equity investors acquired 96,431 call options on the shares. This represents an increase of approximately 4,581% over the average volume of 2,060 call options. Several brokerage firms weighed on ARCC. Citigroup raised its price target on Ares Capital from $ 17.00 to $ …