Posts in tag

managing director


Fumani Mthembi A graduate of the University of Sussex has attracted the backing of rock band Coldplay for a sustainability project in Costa Rica. Fumani Mthembi, who graduated from the university’s Institute for Development Studies in 2009, now runs her Johannesburg-based development company, Knowledge Pele, which invests in the development of under-performing local economies in …

Park City – JLL Capital Markets announced that it has completed the sale and arranged the financing of the acquisition of The Kimball on Main Street, a 25,410 square foot, fully leased, mixed-use retail asset with event spaces and offices along historic Main Street in the popular mountain town of Park City, Utah. JLL has …

JLL Capital Markets today announced that it has arranged $38.5 million in acquisition financing for 805 King Farm Boulevard, a 240,000 square foot office building known as District IV and located in the district of King Farm in Rockville, MD. JLL worked on behalf of the borrower, BLT Green Hollow, a partnership between Building and …

Rabina, a New York-based, family-owned and operated, multi-generational real estate investment and development firm, today announced the closing of a half-billion dollar construction financing for 520 Fifth Avenue , the first post-pandemic – and tallest – building in Manhattan to bring together luxury residences, commercial office space, world-class leisure facilities and ground-floor retail under one …

BOSTON–(BUSINESS WIRE)–Longpoint Partners (“Longpoint”), a Boston-based real estate investment firm, today announced the closing of its joint venture with Brookfield through its Real Estate Secondaries business. The joint venture recapitalized a $700 million, 3.8 million square foot national logistics portfolio that was held in one of Longpoint’s closed-end funds. Longpoint will retain a stake in …

CHICAGO, February 8, 2022 – JLL Capital Markets announced the closing of the sale of Ellyn Crossing, a 1,155-unit garden-style apartment community in Glendale Heights, Illinois, marking the largest transaction ever in a Chicago suburb. JLL represented the seller, Rockwell Property Co., to facilitate the sale to Turner Impact Capital, a leading real estate investment …

NEW YORK, January 26, 2022 – JLL Capital Markets today announced that it has arranged a $55 million refinancing for 517 West 29th St., a 60-unit, 10-story luxury rental property located along the High Line at the junction of the Hudsons Manhattan Yards and West Chelsea neighborhoods. JLL worked on behalf of the borrower, Churchill …

The Nepal Oil Corporation has filed for bankruptcy despite fuel prices rising to near record highs. Insiders say the state oil monopoly’s announcement of empty coffers could be a prelude to further price hikes. The high cost of fuel is digging deeper into consumers’ pockets, and monthly consumer price inflation hit a 64-month high in …

The pandemic. Hiring issues. Supply chain troubles. Historically high valuations. These are some of the top reasons many business owners consider selling their business. For many, however, selling 100% of the business may not align with your goals or objectives. Fortunately, many alternatives are available today for business owners looking for cash flow, but not …

Mahama Ayariga, Member of the Central Parliament of Bawku The Ghana Amalgamated Trust (GAT) has dismissed allegations by Bawku central deputy Mahama Ayariga that there are alleged negative activities going on at GAT. Mr. Ayariga had accused the GAT leadership of improperly taking advantage of some of the banks that needed financial assistance to enable …

NEWPORT BEACH, California, December 13, 2021 –JLL Capital Markets today announced the closing of the $ 23.5 million sale of Carlsbad Village Plaza, a 58,735 square foot shopping center anchored by Smart & Final Extra! in the coastal community of the San Diego area of ​​Carlsbad, California. JLL advised the buyer, Tooley Interests, LLC, who …

The U.S. shale industry first experienced a wave of consolidation in 2015 when prices fell after Saudi Arabia fully turned on the taps in response to growing shale production. Since then, consolidation has continued, albeit unevenly. But he’s about to get some extra momentum. According to industry executives, the recent increase in price volatility will …

RICHMOND, Virginia – (COMMERCIAL THREAD) – Harris Williams, a global investment bank specializing in M&A advisory services, announces it has advised American Track, a holding company of Hilltop Private Capital (Hilltop) and PNC Mezzanine Capital (PNC MC), in as part of its recapitalization with DFW Capital Partners (DFW). American Track is a leading provider of …

MORRISTOWN, December 1, 2021 – JLL Capital Markets today announced that it has set up $ 45.5 million in financing for two multi-unit buildings totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey. JLL worked exclusively for the borrower, Tidewater Real Estate, to place a $ 31.5 million …

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-centric approach and over $ 5 billion in assets, today announced that its asset-based lending team has provided a $ 4 million credit facility to GWA Auto Parts (GWA), an importer, distributor and online retailer of automotive parts, to support working capital investments as the …

BOSTON, November 10, 2021 –JLL Capital Markets announced that it has set up $ 35.34 million in funding for the acquisition and repositioning of a 233,726 square foot R&D / office portfolio in a life sciences campus in the suburb of Boston in Andover, Massachusetts. JLL worked on behalf of the Borrower, a partnership between …

RALEIGH, NC, November 5, 2021 – JLL Capital Markets today announced the closing of the sale of South 40 Distribution Center, a 502,495 square foot multi-tenant distribution facility located in Raleigh, North Carolina. JLL marketed the property on behalf of the seller, LM Real Estate Partners. Pennybacker Capital acquired the asset. “We are excited to …

The Occidental Petroleum logo is displayed on a ground display at the New York Stock Exchange (NYSE) in New York, United States, April 30, 2019. REUTERS / Brendan McDermid HOUSTON, Nov. 4 (Reuters) – Occidental Petroleum Corp (OXY.N) more than doubled third-quarter profit to $ 836 million from the previous three months, the company said …

Demand for oil is expected to increase by half a million barrels per day (bpd) as the power sector and heavy industries abandon more expensive sources of energy, the IEA said. Through Reuters | Posted: 26-Oct-21 12:28 PM IST 0 Views See the pictures U.S. shale producers have hesitated to invest in increased production after …

ORLANDO, October 25, 2021 –JLL Capital Markets today announced the closing of the sale of Celebration Business Center, a two-building office building totaling 106,068 square feet in Celebration, Florida. JLL represented the seller, Bridge Investment Group, in the sale of the property to Denholtz Properties. “Bridge has a proven strategy to create next-generation workplaces that …

DALLAS – (COMMERCIAL THREAD) – ESGEN Acquisition Corporation (“ESGEN” or the “Company”) today announced the price of its initial public offering of 24,000,000 units at a price of $ 10.00 per unit. The offer has been increased from an original unit offer of 20,000,000 to a unit offer of 24,000,000. The units will be listed …

Yet OPEC continues to fail to pump at expected levels: File Image / Pixabay Maybe the demand for energy won’t be so intense after all: that was the sentiment traders had on Monday as we industrial data showing signs of weakness forced them to associate gains, albeit minimally. Intermediate West Texas Rose 16 cents settle …

Ghana needs a comprehensive data on women in the agricultural sector to know the numbers, peculiar challenges and proffer solutions to enhance their work, Ms Paulina Addy, Director of Women in Agriculture Development (WIAD), has said. She said women often combine their reproductive and productive roles such as cooking, fetching water, collection of fire wood, …

EQS Group-News: Partners Group / Keyword (s): Investment / Private Equity12.10.2021 / 07:00 Baar-Zug, Switzerland; 12 October 2021 Partners Group, a global leader in private markets, is expanding the shareholder base of Foncia (or “the Company”), a leading provider of residential property management services in Europe. The incoming shareholder TA Associates has agreed to acquire …

Rosemont Investment Group sells its minority stake in investment advisory firm Clearstead to Flexpoint Ford. Terms of the deal, which is expected to be finalized in mid-December, are not being disclosed, said Brad Mook, managing director and head of due diligence, financial modeling and research at the capital manager. Rosemont investment, during a telephone interview. …

NEWPORT BEACH, California, October 5, 2021 –JLL Capital Markets today announced that it has completed the sale for $ 11.29 million of an 11,838 square foot long-term single-tenant retail building to Walgreens in the Orange County Coastal Market in Huntington Beach, California. JLL marketed the property on behalf of the vendor, Stanford Hotels Group. A …

Download logo Dr Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa yesterday met African finance ministers and IMF Managing Director Kristalina Georgieva to discuss how African member states can effectively use SDRs to support their efforts for a green, sustainable and inclusive recovery from the Covid 19 pandemic. African …

MORRISTOWN, NJ, October 1, 2021 – JLL Capital Markets announced today that it has completed the $ 50 million sale of a 237,600 square foot Class A industrial distribution center to 4320 Veterans Memorial Hwy. in the Long Island community of Holbrook, New York. JLL marketed the property on behalf of the seller, Drake Real …

Chroniclers Why hedging oil purchases is a win-win situation for Kenya Wednesday, September 29, 2021 An employee of a gas station in Nairobi. PHOTO FILE | NMG By RUFUS MWANYASIMore from this author Summary The government’s policy of stabilizing consumer prices against unpredictable fluctuations in world oil prices is proving to be a costly affair …

JLL Capital Markets today announced the closing of the sale of Springdale Shopping Center, a 163,145 square foot fully leased shopping center headquartered at HEB in the northeastern part of Austin, Texas. JLL marketed the property on behalf of the seller, Forge Capital Partners. EDENS purchased the asset. Springdale Mall is anchored by a high …

JLL Capital Markets today announced that it has completed the sale of $ 165.25 million and secured $ 102 million in acquisition financing for La Encantada, a 246,256 square foot outdoor lifestyle center in Tucson, Arizona. JLL represented the vendor, Macerich Company. A group of local investors bought the asset as part of a strategic …

CHICAGO, September 21, 2021 / PRNewswire-PRWeb / – Ziegler, a specialty investment bank, is pleased to announce that it is an official founding partner of the first Telehealth Awareness Week, presented by the American Telemedicine Association, which will place September 19-25, 2021. Telehealth Awareness Week is a campaign to reinforce the value of telehealth and …

Non-Resident Indians (NRIs) and People of Indian Origin (PIO) can also purchase these policies in India. Vinay Taluja, Product Manager, Bajaj Capital, said: “The Foreign Exchange Management Act has enabled NRIs and PIOs to obtain term insurance in India. In addition, an NRI does not need to be present in India when purchasing term insurance. …

NEW YORK, September 17, 2021 / PRNewswire / – JLL today announced that its Capital Markets group has organized $ 381 million in construction financing for the development of the Bronx Logistics Center, a two-story Class A last mile distribution facility totaling 1.3 million square feet in the Bronx, New York. JLL worked on behalf …

The enthusiasm for the entry into force of the long-awaited Petroleum Industry Law has sparked a new wave of optimism that the planned wave of investment in the petroleum sector and the planned removal of fuel subsidies will boost simultaneously the supply of currencies and will reduce market pressure. , reports Festus Akanbi For obvious …

Piedmont ATL Center Transaction means how the US office market stabilizes; markets such as Atlanta have returned to pre-pandemic office rental levels ATLANTA-JLL today announced that its Capital Markets group has arranged a $ 421.8 million financing for Piedmont Center, a 14-building, 2.2 million square foot Class A office complex in Atlanta, Georgia. JLL worked …

Liability insurers on both sides of the Atlantic are cutting coverage they offer to businesses ahead of an expected wave of discrimination complaints as employers recall staff to their desks after 18 months of pandemic-induced work from home. There have been around 2,950 COVID-19 employment lawsuits in the United States since the start of the …

PARIS and BOSTON, July 21, 2021 / PRNewswire / – Shift Technology, a provider of decision automation and optimization solutions for the global insurance industry, today announced the launch of Shift Claims Automation on the Salesforce AppExchange, offering insurers and agents more opportunities to settle straightforward claims without involving claims managers or adjusters. Giving insurance …

Item 1.01 Conclusion of a Material Definitive Agreement. The information regarding the Custody Agreement (as defined below) set out in Section 5.02 of this current report on Form 8-K is incorporated by reference in this Section 1.01. Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of Certain Officers; Compensatory Arrangements of …

JLL has completed the sale of Vue 180 on the Water, a community of 93 Class A housing units located in the greater Cincinnati area of ​​Newport, Ky. JLL Capital Markets announced the closing of the sale of Vue 180 on the Water, a community of 93 Class A housing units in the greater Cincinnati …

MORRISTOWN, NJ, July 8, 2021 – JLL Capital Markets announced today that it has arranged a $ 9 million refinancing for Meridian Center II, a Class A office building in Eatontown, New Jersey. JLL worked on behalf of the borrower, The Donato Group, to secure the loan through TIAA Bank. The 80,188 square foot building, …

NEW YORK–(COMMERCIAL THREAD) – NMS Capital (“NMS”) today announced its partnership with management of the Company in connection with the recapitalization of DirectMed Parts & Service, LLC (“DirectMed” or the “Company”). Terms of the transaction were not disclosed. Headquartered in San Diego, California, DirectMed is the largest independent source for the service and supply of …

Jonathan zuckerManaging Director and Head of the Capital Markets GroupIntrepid investment bankers Jonathan Zucker is Managing Director and Head of the Capital Markets Group at Intrepid Investment Bankers. He joined Intrepid in 2014 to establish and lead the Capital Markets group of Intrepid. With Intrepid, Zucker has advised on debt and equity fundraising for companies …

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 …

MUMBAI: Amid concerns about inflation and lingering uncertainty about the second wave of the COVID-19 pandemic, the Reserve Bank of India (RBI) is expected to keep the benchmark interest rate at existing levels during its next monetary policy review, experts believe. The next bimonthly monetary policy review is expected to be announced on June 4, …

JLL has completed the sale of $ 8.5 million of a multi-unit portfolio of four properties totaling 28 units and located across San Diego, California. JLL Capital Markets announced it has completed the sale of $ 8.5 million of a multi-unit portfolio of four properties totaling 28 units located throughout San Diego, California. JLL represented …

NEW DELHI, May 21, 2021 / PRNewswire / – Pramerica Life Insurance has established a “Claims Assistance Service” to provide proactive service to beneficiaries of policyholders affected by Cyclone Tauktae. “At Pramerica Life Insurance, we are committed to providing our full support to bereaved families. We make sure that claims are settled hassle-free for the …

Australia Post will begin this week under a new partnership agreement directing customers in need of business finance to the Valiant Finance credit platform. The government Business company Australia Post will begin referencing this week Customers in the corporate loan market Valiant Finance. Starting this week, Australia Post’s brick-and-mortar and online small business customers can …

Synovus – The $ 54 billion banking and financial services giant has appointed Pedro cherry to his board of directors. Cherry is currently the President and CEO of Atlanta Gas Light and Chattanooga Gas and a long-time executive of the Georgia-based energy company Southern Company. He has been a member of the Advisory Board of …

The IMF Executive Board approves an additional $ 171.9 million disbursement under the RCF to Madagascar to help fight the COVID-19 pandemic July 30, 2020 This is the second disbursement under the Rapid Credit Facility (RCF), which increases the IMF’s total COVID-19 emergency aid to the Republic of Madagascar to $ 337.9 million. Madagascar’s macroeconomic …

A new sustainability-focused investment firm has been launched in the UK, aiming to connect investors to opportunities in renewable energy and other sustainable projects. Keystone Impact Investments was founded to serve as a bridge between companies or projects seeking growth capital and financial advisors, asset managers, and investment managers who have clients interested in sustainable …

SAN FRANCISCO, March 22, 2021 / PRNewswire / – Thoma Bravo, a leading private equity investment firm focused on software and technology-enabled services, announced today that it has entered into an agreement to acquire Calypso Technology, Inc. (“Calypso”) from an international private company Equity group has met Bridgepoint and a global growth investor Summit partner. …

Low investment and a declining trend in import growth amid the ongoing pandemic are the main reasons for weak demand Demand for foreign currency loans through lenders’ offshore banking units (OBUs), which has become increasingly popular due to lower interest rates, has slowed due to the sharp drop in imports during the ongoing pandemic. In …

The premium attributable to the renewal of P&I entries for 2021 has elevated when it comes to money by about 5%, a rise in step with that ordered by the board in November. Nevertheless, making an allowance for the will increase in deductibles and adjustments to different insurance coverage phrases, the general improve in premiums, …

BOSTON – JLL Capital Markets introduced that it has accomplished the $ 67 million sale of 60 Visitor Road, a completely authorised plot of land for cutting-edge life sciences growth on the Boston Touchdown campus in Allston / Brighton, Massachusetts. JLL represented the vendor, NB Improvement Group, LLC, and bought the customer, an organization of …

Congress, in two administrations, handed reduction measures totaling $ 6 trillion. The newest, the American Rescue Plan, or ARP, represents a 3rd. People, companies, state and native governments, faculties, hospitals and extra will see the advantages of this effort within the months to return. For each slice of federal reduction, there was – and stays …

Copyright 2021 PR Newswire. All rights reserved03/17/2021 TAMPA, Florida and NEW YORK, March 17, 2021 / PRNewswire / – M2GEN in the present day introduced a major new funding from the Clayton, Dubilier & Rice (“CD&R”) funds, the Merck International Well being Innovation Fund (“Merck GHI”) and McKesson Ventures to recapitalize M2GEN, one of many …

TEL AVIV, Israel, March 3, 2021 /PRNewswire/ — As local weather change continues to impression agriculture worldwide, a convention geared toward advancing technological cooperation in agriculture and water was held in Tel Aviv this week with senior authorities representatives from Israel and Africa together with buyers from the United Arab Emirates and Israeli agricultural expertise firms. …