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NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the merger of ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company") and ACRES Capital Corp. ("ACC") pursuant to which ACR will acquire ACC in an all-stock transaction. Under the terms of the proposed transaction, upon closing of the Merger, the Company will issue approximately 7.5 million shares of ACR'

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM7 Trust, a $932.4 million non-prime RMBS transaction. The underlying collateral, comprising 1,667 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 91.9% and 8.1% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 43.3%) or exempt (48.8%) from the Ability-to-Repay/

NEW YORK & SEATTLE--(BUSINESS WIRE)--Mercer, a business of Marsh (NYSE: MRSH) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, and Syndio, the leader in Decision Intelligence for Pay, today announced a formal strategic alliance. The collaboration pairs Syndio’s AI-powered pay governance platform with Mercer's world-class advisory expertise–providing clients an integrated approach to

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research discussing the impact of the One Big Beautiful Bill Act’s (OBBBA) effect on states and how they are positioned to address oncoming challenges. A history of state balances is reviewed and juxtaposed against estimated cost shifts related to the Supplemental Nutrition Assistance Program (SNAP). KBRA has analyzed the potential credit impacts of the changing relationship between the federal government and state and local governments, across multiple

PASADENA, Calif.--(BUSINESS WIRE)--JRW Realty facilitated the acquisition of a 303,596-square-foot FedEx Ground distribution center in Little Rock, Arkansas.