MCR and BLT completes USD 632Mln refinancing of 53-hotel portfolio
MCR, and Building and Land Technology (BLT), a premier real estate firm that has developed more than 25 million square feet of real estate across commercial and residential properties, have closed a $632 million, three-year, fixed-rate financing on a portfolio of 53 hotels across the United States. “This refinancing is a validation of the quality of assets […]
Allison Transmission enters into partnership with Grupa Zbrojeniowa
Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, has signed a memorandum of understanding (MOU) with Grupa Zbrojeniowa (PGZ), a holding group uniting Polish state-owned defense industry companies and one of the largest defense companies in Europe. The two defense leaders will […]
Enviva onboards Glenn Nunziata as CFO
Enviva Inc. a producer of sustainably sourced woody biomass, yesterday announced that Glenn Nunziata has been named the Company’s Executive Vice President and Chief Financial Officer, effective immediately. “We are excited to welcome Glenn to Enviva’s executive team at a time when our Company and the global biomass industry are serving an increasingly important role […]
Santa Cruz County Bank welcomes Shawn Lipman as Chief Credit Officer
Santa Cruz County Bank with assets over $1.75 billion, is a top-rated community bank headquartered in Santa Cruz County. Today the Bank announced Shawn Lipman, who has worked for the Bank since 2011, will succeed Susan Just as Executive Vice President and Chief Credit Officer. Ms. Just has served in the Chief Credit Officer role for the past two years and is […]
Partner One acquires Key Fidelis Cybersecurity Assets
Partner One, a fast growing software conglomerates, has announced its acquisition of Fidelis Cybersecurity software, intellectual property, equipment, inventory and customer and reseller contracts. Fidelis software is a leader in the cybersecurity industry, with innovative eXtended Detection and Response (XDR) and Cloud Native Application Protection Platform (CNAPP). Fidelis solutions protect the most sensitive networks, data, […]
CapVest acquires Kerridge Commercial Systems
Funds managed by CapVest Partners LLP, an international private equity firm, have agreed to acquire Kerridge Commercial Systems, a leading global provider of enterprise resource planning (ERP) software for distribution, servicing and rental businesses, from Accel-KKR, a global technology-focused investment firm. KCS’s leading vertical specific software and services are delivered to a global base of […]
Lincoln Property Company acquires RiverRock Real Estate Group
Lincoln Property Company, a global, full-service real estate firm, yesterday announced the acquisition of RiverRock Real Estate Group, an Irvine, California-based property and asset management firm. The deal adds more than 50 million square feet to Lincoln’s property management portfolio and strategically expands the company’s integrated service delivery capabilities to third-party institutional clients across office, […]
Global Holdings acquires the Mondrian Hotel on Park Avenue
Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, yesterday announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood. “Mondrian Park Avenue is an extraordinary asset, perfectly located in the heart of Manhattan at a time when tourists and local […]
Kennedy Wilson closes first tranche of USD 5.7 Bln loan portfolio From PacWest
Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank. The first tranche of loans acquired by Kennedy Wilson and certain controlled affiliates of […]
Goldman Sachs Asset Management announces liquidation of company’s Fund
Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund, announced yesterday that the Fund’s Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation and dissolution (the “Plan”) for the Fund. Under the Plan, which is effective today, the Fund will begin the process of […]
