Bruce Bentley

In another deal from prominent real estate investors Grant Cardone , Fort Lauderdale apartment complex has a new owner, name, and loan. Cardone Capital acquired the 310 unit Enjoy the Harbor Park Apartments and renamed As 10X Living in Fort Lauderdale, the Aventura-based company said in a statement. New York Community Bank A $ 63.5 million loan was made according to a mortgage filed in Broward County. The seven-year loan includes, according to information from Meridian Capital Group who arranged the funding. " Meridian was able to leverage our unique relationship with the lender to structure the playing field despite various challenges related to leasing and COVID, ”he said Israel Schubert , Senior Managing Director at Meridian, in prepared remarks. In a tweet, Cardone called the deal "another monster closed to our investors". The recently built project is at 1919 SE 10th Avenue , near 17th Street Causeway. The eight story property was bought by Cardone Equity Fu...

Werewolf Therapeutics (NASDAQ :: Howl ) is doing incredibly well today with its stock trading on the first day after its initial public offering (IPO). Source: Shutterstock On Werewolf Therapeutics' first day of trading, 1.3 million shares were moved at the time of writing. While we don't have a daily average to compare this to, it's still not smellable. In the IPO of Werewolf Therapeutics, the company is offering up to 7.5 million shares of HOWL at a price of $ 16 each. The company expects gross proceeds from the IPO of approximately $ 120 million. There is also a 30-day option for underwriters to purchase an additional 1,125,000 HOWL shares at the IPO price. Jefferies , SVB Leerink , and Evercore ISI act as joint book-running managers of the offer. HC Wainwright & Co. acts as lead manager for the IPO. The Werewolf Therapeutics launches today with shares of HOWL stock listed on the Nasdaq Exchange. The offer should last until Tuesday. What does Werewol...

SINGAPORE - Singapore-based cryptocurrency copy trading platform Alpha Impact has raised $ 3.1 million in a funding round led by LuneX Ventures, Genesis Block Ventures, Solidity Ventures, SMO Capital and an undisclosed high-frequency trading company, Co-Founder Hayden Hughes said DealStreetAsia. Other investors in the round were Axia8 Ventures, the Krypital Group, Spark Capital and Angel investors. Alpha Impact raised the $ 3.1 million through a private sale of its tokens, which will be listed on the Uniswap crypto exchange in May. The investors - who have a six-month vesting period - bought 15% of the company's tokens and valued Alpha Impact at around $ 20 million, Hughes said. He added that, unlike an initial coin offering where token sales are aimed at retail investors, this fundraising round was only conducted among accredited investors and venture capital firms. The new funds will be used to hire more people, especially developers. Alpha currently has six employees, but plan...

Mexico's largest cinema chain, Cinepolis de Mexico SA, has signed an agreement with its banks to restructure more than $ 1 billion in loans and raise $ 300 million directly into the company. Banks, including Banco Bilbao Vizcaya Argentaria SA, Banco Santander SA, HSBC Holdings Plc, and Bank of America Corp., agreed to provide an additional $ 200 million to help Cinepolis recover from the pandemic, after the company's controlling family offered to raise $ 100 million, individuals who asked not to be identified as details are private. The new funding will be shared among most banks with a combined debt of more than $ 1 billion. Cinepolis declined to comment. HSBC also declined to comment and the other banks did not respond immediately. Owned by the Ramirez family, Cinepolis has borrowed big bucks over the past decade of its luxury extended legroom and cocktails to spur global expansion. Last year there were 862 theaters in ...

If you are a college student who is struggling to afford food, consider meeting the new SNAP Temporary Performance Qualifications. The cost of college is expensive. The costs of tuition, accommodation, meals and meals can add up quickly. To make matters worse, many college students are struggling more than usual with their personal finances and food security as a result of the pandemic. Food insecurity affects people of all ages and lifestyles, including students. According to a survey of 38,602 college students conducted by the Hope Center, 38% of students in four-year institutions and 44% of students in two-year institutions were food insecure. This survey was conducted in April and May 2020 shortly after the coronavirus pandemic began. The good news is that there is more help available for students who may have trouble putting food on the table. Since January, a temporary policy change has resulted in more college students being eligible for the Supplemental Nutrition Assistance...

Momentum investing revolves around the idea of ​​following the latest trend in a stock in either direction. In the "long" context, investors will essentially "buy high but hope to sell higher". With this method it is crucial to take advantage of the development of the share price. Once a stock has set a price, it is more than likely to keep moving that way. The goal is for a stock to lead to timely and profitable deals once it has hit a solid path. While momentum is a popular characteristic of stocks, it can be difficult to define. The debate about the best and worst metrics to focus on is long, but the Zacks Momentum Style Score, which is part of the Zacks Style Score, helps us solve this problem. Below we take a look at Genco Shipping & Trading (GNK), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, such as price changes and revisions to earnings estimates. It's also important to n...

LOS ANGELES (AP) - Eli Broad, the billionaire, philanthropist, contemporary art collector and entrepreneur who co-founded housing pioneer Kaufman and Broad Inc. and founded financial services giant SunAmerica Inc., died on Friday in Los Angeles. He was 87 years old. Suzi Emmerling, a spokeswoman for the Eli and Edythe Broad Foundation, confirmed his death for The Associated Press. Emmerling said Broad died at Cedars-Sinai Medical Center after a long illness. No services were announced. The New York Times first reported his death. "As a businessman Eli saw around the corner, as a philanthropist he saw the problems in the world and tried to fix them, as a citizen he saw the opportunity in our common community and as a husband, father and friend he saw the potential in each of us" said Gerun Riley, president of the Eli and Edythe Broad Foundation, in a statement Friday. It was Broad (pronounced brohd) who provided much of the money and willpower to transform the once dyin...

What is cryptocurrency? Cryptocurrency or digital assets have been a hot topic lately, but what exactly is it? DETROIT (FOX 2) - - Cryptocurrency is often described like this: everything we don't know about money combined with everything we don't know about computers. And if you're even more confused, we'll try to clear it up a bit. What is cryptocurrency? Put simply, cryptocurrency is a digital asset that is exchanged over a blockchain (more on this below). "That means we are talking about digital money, digital money and it's peer-to-peer. There is no third party, there is no intermediary, there is no bank, there is no brokerage company, it is direct from the consumer for the consumer" said cyber expert David Derigiotis. So what can you buy with cryptocurrency? You can buy things like coffee and now even cars. "The biggest announcement this year was Elon Musk's Tesla, his organization, Tesla has invested in Bitcoin and they are now ...

BOULDER, Colo .-- ( BUSINESS WIRE ) - Gores Technology Partners II, Inc. (Nasdaq: GTPBU) (the “Company”), a blank check company sponsored by a subsidiary of The Gores Group, LLC, announced today that holders of the shares in the The Company's initial public offering of 46,000,000 shares, completed March 16, 2021, may elect to trade the common stock and Class A warrants contained in the shares separately. These non-segregated entities will continue to trade on the Nasdaq Capital Market under the symbol "GTPBU" and the Class A common stocks and warrants that are segregated will trade on the Nasdaq Capital Market under the symbols "GTPB" and "GTPBW", respectively. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Company's securities, nor may a sale of such securities take place in any state or jurisdiction in which such offer, solicitation or sale may be made would have been previously unlawful to...

This year, the award was particularly significant as it honored companies that have successfully built and sustained strong employee relationships and cultures of success amid unprecedented challenges. Chad Prashad, CEO of World Acceptance Corporation, parent company of World Finance, and Clint Dyer, chief branch operations officer, say the impact of the global health crisis brought many changes to World Finance, each with a spirit of flexibility, adaptability and flexibility must embrace innovation. And because of the global workforce effort and corporate culture, especially a supportive CEO who recognizes that life has changed, employees and managers have approached the issues together, always with a customer focus in mind. World Acceptance (NASDAQ: WRLD) was founded in 1962 and provides personal installment loan solutions and personal tax preparation and filing services to more than 1 million customers per year. The company mainly serves a segment of the population that does not hav...

Buried in an already daunting article about how homeless Americans struggle to get theirs ... Stimulus checks are an even more depressing accusation: Financial Brothers are offering homeless people the opportunity to receive stimulus payments for a hefty fee. getty Buried in an already disheartening New York Times article about how homeless Americans struggle to get their stimulus checks is an even more depressing accusation: financial brothers are offering homeless people their stimulus payments, not out of the goodness of their hearts but in exchange for a high fee. The anecdote was shared by Steven Todd, who lives at the Mainchance homeless shelter in Manhattan. Todd told The Times' Andy Newman that "educated people in finance" reached out to the homeless and offered to get their incentive money for a commission of several hundred dollars. "" People were happy to get something, "added Todd." It wasn...

Literacy for legacy mentors brushing up on your debuts for the Connecticut financial future Deborah Pratt Johnson Burns founds Connecticut's first personal finance education mentoring company CONNECTICUT'S FIRST INDEPENDENT PERSONAL FUNDING AND MENTORING COMPANY CONNECTICUT, UNITED STATES, April 30, 2021 /EINPresswire.com/ - Most Americans are facing serious financial challenges today, particularly due to the COVID-19 pandemic. To address this issue, Deborah Pratt Johnson Burns today announced the launch of Literacy to Legacy Mentors, LLC that will allow you to refresh your financial future, a Pratt Prosperity Company. Burns, an established finance and business mentor, successful private investor, entrepreneur, and builder of six- and seven-digit companies, will provide personalized financial mentoring and educational services. Your mission? To help clients improve their financial IQ, honestly review their money habit...

TORONTO - Blockbuster corporate earnings and economic data couldn't prevent global equity markets from falling towards the end of the trading week on renewed COVID-19 concerns and a possible signal that US interest rates may rise earlier than expected. TORONTO - Blockbuster corporate earnings and economic data couldn't prevent global equity markets from falling towards the end of the trading week on renewed COVID-19 concerns and a possible signal that US interest rates may rise earlier than expected. The S & P / TSX Composite Index closed 147.59 points at 19,108.33. That is a little higher in the week. In New York, the Dow Jones industrial average fell 185.51 points to 33,874.85. The S&P 500 index lost 30.30 points to 4,181.17 while the Nasdaq Composite fell 119.87 points to 13,962.68, ending its sixth consecutive monthly gain. Nearly 90 percent of more than half of US companies that have reported first quarter results to date have exceeded expectations, t...

American Savings Bank's earnings rose nearly 88% in the first quarter as the company posted record growth in deposits and released $ 8.4 million from its loan loss provisions in an improving economy. The state's third largest bank, a subsidiary of Hawaiian Electric Industries Inc., reported today that net income rose to $ 29.6 million from $ 15.8 million in the same period last year, when American Savings reported $ 10.4 million has put potential credit losses in its reserve. Reserving funds for loan losses reduces a company's income. Deposits increased 21.3% to $ 7.75 billion from the same period last year and 4.9% from the December quarter. "Our financial results reflect good execution in an environment that continues to challenge bank profitability," said Rich Wacker, president and CEO of American Savings, in a statement. “Our strong residential mortgage production and the new ASB CARES or Paycheck Protection programs are bright spots, but record deposit g...

As has often been the case before, technicians are once again campaigning against controversial company guidelines and slurred management strategies. This time employees of the decade-old software company Basecamp quit in protest against what a management employee called a "tantrum". After a week of controversy, during which years of racially insensitive acts were exposed and employees felt management's discomfort to approach them, several employees announced on Twitter that they were leaving Basecamp for good. Due to the recent changes at Basecamp, today is my last day at the company. I joined them as a junior programmer over 15 years ago and have been involved in almost every product launch since 2006. - Sam Stephenson (@sstephenson) April 30, 2021 In a corporate chat forum last year, employees reportedly wanted to expect a legacy message board launched in 2009, where sales reps tracked customers' "funny names". They ridicule an important part of ...

© Reuters. Germany stocks mixed at close of trading; DAX down 0.12% Investing.com - German stocks were mixed after Friday's close as gains in sectors and sectors led to higher stocks while losses in sectors and sectors led to lower stocks. The Frankfurt closing price fell 0.12%, while the index lost 0.16% and the index rose 0.40%. The best performers of the session were MTU Aero Engines NA ON (DE :), which gained 4.90% or 9.80 points to close at 209.90. In the meantime, Fresenius SE & Co KGAA ON (DE :) added 2.43% or 0.970 points to end at 40.865 and Bayer AG NA (DE :) rose 1.56% or 0.83 points to 53.98 in late trade. Worst of the session was BASF SE NA ON (DE :), which fell 4.27% or 2.995 points to close at 67.190. Delivery Hero AG (DE :) lost 2.73% or 3.70 points and ended at 132.05 and Adidas AG (DE :) fell 1.26% or 3.28 points to 256.90. The top performers in the MDAX were Aixtron SE (DE :), which rose 4.44% to 17.788, Morphosys AG ...

INCLINE VILLAGE, NV, April 30, 2021 (GLOBE NEWSWIRE) - Stratim Cloud Acquisition Corp. (Nasdaq: SCAQU) (the “Company”, “we” or “our”) today announced that, effective May 3, 2021, shareholders will acquire 25,000 of the shares in the Company's initial public offering on March 16, 2021 .000 Shares have been sold, the Class A common shares and the redeemable warrants contained in the Shares can be traded separately. These non-segregated shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "SCAQU" and the shares of Class A common stock and redeemable warrants that are segregated will trade on the Nasdaq under the symbol "SCAQ" . or "SCAQW". When the Shares are split, no broken warrants will be issued and only whole warrants will be traded. Holders of shares must contact their brokers with Continental Stock Transfer & Trust Company, the company's transfer agent, to split the shares into Class A common...

There has been little major hospitality funding since the pandemic began, but a brand new property surrounded by the bright lights of Hollywood only attracted half a billion dollars. AECOM Capital and Combined properties have landed $ 505 million in funding for that Pendry West Hollywood , a roughly 300,000 square foot housing estate that spans an entire city block along the famous Sunset Strip in West Hollywood. The development made its debut on April 2nd. Swiss credit The deal provided a senior loan of $ 350 million while two undisclosed private equity funds provided mezzanine debt of $ 165 million. The debts were negotiated by Eastdil secured Sources said. The financing that withdraws a $ 205 million home loan for the property from Bank OZK , closed on April 16. The eagerly awaited new development takes the place of the former House of Blues at the 8430 Sunset Boulevard, bang in the heart of the Sunset Strip. It includes the Pendry West Hollywood Hotel with 149 keys and 40 ...

VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Sierra Madre Gold and Silver Ltd. ("Sierra Madre" or the "Company") (TSXV: SM) is pleased to announce that its common stock is traded on the Frankfurt Stock Exchange under the symbol "409". As a result, Sierra Madre's common stock is now both listed on the TSX Venture Exchange ("TSXV") under the symbol "SM" and admitted to trading on the Frankfurt Stock Exchange. "The listing on the Frankfurt Stock Exchange is an important step to increase awareness and our shareholder base," said Alex Langer, CEO of Sierra Madre. "Improved access to European capital markets will benefit both our current and potential shareholders." Investor Relations Agreements The Company is also pleased to announce that it has engaged Adelaide Capital Markets Inc. ("Adelaide Capital") and Machai Capital Inc. ("Machai Capital") to provide services to the Company, including inv...

WASHINGTON, DC - Flanked by Vice President Kamala Harris (L) and SBA Administrator Isabella ... Casillas Guzman (R), President Joe Biden, signs the Paycheck Protection Program (PPP) extension in the Oval Office of the White House on March 30, 2021. The extension extends the deadline for Paycheck Protection Program loans from March 31 to May 31. (Photo by Doug Mills-Pool / Getty Images) Getty Images With the second round of the Paycheck Protection Program (PPP) ending on May 31, borrowers from small businesses who have already secured funding and spent their loan proceeds on covered expenses will soon be applying for lending. After all, the beauty of the PPP is that it is designed to keep Americans working by keeping their companies paying their salaries. The program reimburses struggling small businesses - ultimately allowing them to survive - by allowing them to apply for the PPP loans they use to keep their employees on payroll, as wel...