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Independence Realty Trust Announces First Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 04/24/2024 - 16:42
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced its first quarter 2024 financial results. First Quarter Highlights Net income available to common shares of $17.6 million for the quarter ended March 31, 2024 compared to $8.6 million for the quarter ended March 31, 2023. Earnings per diluted share of $0.08 for the quarter ended March 31, 2024 compared to $0.04 for the quarter ended March 31, 2023. Same-store portfol

Heritage Global to Announce First Quarter 2024 Results and Host Webcast on Thursday, May 9, 2024

Lastest from Businesswire - Wed, 04/24/2024 - 16:42
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, May 9, 2024, at 5:00 p.m. ET to discuss financial results for the

National Capital Bancorp, Inc. Reports First Quarter Earnings

Lastest from Businesswire - Wed, 04/24/2024 - 16:42
WASHINGTON--(BUSINESS WIRE)--National Capital Bancorp, Inc. (the “Company”) (OTC Pink: NACB), the holding company for The National Capital Bank of Washington (“NCB” or the “Bank") reported net income of $1,170,000, or $4.07 per common share, for the three months ended March 31, 2024, compared to net income of $949,000 or $3.30 per common share, for the quarter ended March 31, 2023. The earnings improvement was primarily attributable to the results of productivity improvement and cost-reduction

Anon Debuts Integration Platform for the Internet with $6.5M Funding

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
SAN FRANCISCO--(BUSINESS WIRE)--Anon, a revolutionary developer platform empowering secure AI access and control to user accounts online, today announces $6.5M in funding and a powerful toolkit that unlocks the full potential of AI applications. Fueled by investment from Union Square Ventures and Abstract Ventures (seed lead investors), as well as early support from Impatient Ventures and ex/ante (pre-seed lead investors), Anon is poised to transform the way developers build and deploy AI. Stra

KBRA Assigns Preliminary Ratings to MED 2024-MOB

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to three classes of MED 2024-MOB, a CMBS single-borrower securitization. The collateral for the transaction is a $450.5 million floating rate, interest-only mortgage loan. The loan has an initial two-year term with three, one-year extension options and requires monthly interest-only payments based on a SOFR cap of 5.50%. The loan is secured by 34 medical office properties, including the borrower's fee simple interes

FINSIGHT Acquires T-REX to Drive the Next Generation Cashflow Analytics Solution for the Global Private Credit and Structured Finance Industries

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
NEW YORK--(BUSINESS WIRE)--Finsight Group Inc. ("FINSIGHT"), a financial technology company that serves thousands of the world’s leading corporate issuers, investment banks and institutional investors, today announced the acquisition of T-REX, a cloud-native platform engineered to accurately model and manage the most complex investments across private credit, structured credit, and project finance. Along with the acquisition, FINSIGHT is excited to welcome Benjamin Cohen, T-REX Founder and CEO,

On the Road Lending Announces Expansion into North Carolina

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
RALEIGH, N.C.--(BUSINESS WIRE)-- #ImpactInvesting--On the Road Lending, a nonprofit organization that launched in Dallas in 2013 to provide life-changing car loans, is expanding into North Carolina. They are partnering with Cape Fear Collective and Kingdom Cars to make their move as seamless as possible, working with established local businesses. This expansion marks a significant milestone for the organization, as it continues its mission to empower individuals and families with limited financial resources to se

Cultivate Brands Acquires Premier Executive and Leadership Coaching Firm Petra Coach

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
CHICAGO--(BUSINESS WIRE)-- #acquisitions--Cultivate Brands, the business and financial advising powerhouse, acquires Petra Coach, the executive and leadership team coaching firm.

Gen Z Beginning Financial Planning Earlier Than Previous Generations

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
HOUSTON--(BUSINESS WIRE)--According to a new survey from Corebridge Financial gauging sentiments about financial knowledge and expertise during National Financial Capability Month, roughly one in three respondents say they did not “get serious” about financial planning until after the age of 35. However, younger generations report they are starting their financial journeys earlier. Nearly half (49%) of baby boomers say they did not seriously start their financial planning until after they turne

AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York (New York, NY), together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the Long-Term Issue Credit Rating of “bbb+” (Good) on $250 million 4.25% seni

Global Influencer Marketing Platform Market Analysis Report 2023-2024 and 2029: Growing Need for Customized Campaigns and Rising Focus of Brands on ROI and Performance Fueling Demand - ResearchAndMarkets.com

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
DUBLIN--(BUSINESS WIRE)--The "Global Influencer Marketing Platform Market: Analysis By Component, By Application, By Organization Size, By End Use, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029" report has been added to ResearchAndMarkets.com's offering. The global influencer marketing platform market value stood at US$17.98 billion in 2023, and is expected to reach US$94.21 billion by 2029. The market is expected to grow at a CAGR of 31.78% over the projected period

Census is Now Available on Google Cloud Marketplace

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
SAN FRANCISCO--(BUSINESS WIRE)--Census, the leading data activation and reverse ETL platform, is thrilled to announce that it is now available on Google Cloud Marketplace. Google Cloud customers can leverage Census to sync their cloud data warehouse insights to 200+ business applications like Google Ads, Google Analytics, Salesforce, Braze, Marketo, and more. Now, prospective users can easily search and purchase Census on Google Marketplace, and existing Google Cloud Marketplace customers can u

AuditBoard Announces Availability of Powerful AI Capabilities

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
LOS ANGELES--(BUSINESS WIRE)--AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced that its powerful artificial intelligence capabilities are now generally available. As part of the company's innovative and award-winning connected risk platform, AuditBoard AI incorporates generative AI, and other private AI models to help audit, risk, infosec, and ESG teams work smarter while meeting the security and privacy needs of the enterpri

Austin Woman Sues Apartment Complex Following Sexual Assault by Intruder

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
AUSTIN, Texas--(BUSINESS WIRE)--An Austin-area woman has filed a lawsuit against an apartment complex where she once lived after she woke to an intruder sexually assaulting her in her own bedroom. Evidence indicates the attacker entered the unit through the back sliding glass door, which had a broken lock that the victim and her roommate had repeatedly asked apartment management to repair for more than a year. The lawsuit says the women asked for a sliding door security bar to secure the door,

reAlpha Tech Corp. Launches Claire, Real Estate’s First AI-powered, Zero-Commission Smart Buyer’s Agent

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
DUBLIN, Ohio--(BUSINESS WIRE)--reAlpha Tech Corp. (“reAlpha”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the launch of Claire, the real estate industry’s first generative AI-powered, zero-commission Smart Buyer’s Agent. Claire's introduction aligns with major shifts in the real estate sector after the National Association of Realtors (NAR) agreed to eliminate the standard 6 percent sales commission

Gateway Appoints Jonathan Wallace as Chief Financial Officer

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
TULSA, Okla.--(BUSINESS WIRE)--Gateway First Bank has appointed Jonathan Wallace as Chief Financial Officer. Jonathan brings an expansive financial services background with over 24 years of experience and has served in several financial functions spanning multiple companies. Before joining Gateway, Jonathan served as Chief Financial Officer at EnerBank USA, which is a division of Regions Bank. He worked in a variety of Finance and Profitability roles, including Division Finance Executive for St

AM Best Downgrades Credit Ratings of Farm Bureau County Mutual Insurance Company of Texas and Texas Farm Bureau Casualty Insurance Company; Removes Affiliates From Under Review

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) of Farm Bureau County Mutual Insurance Company of Texas and Texas Farm Bureau Casualty Insurance Company (together known as Texas Farm Bureau Casualty Group). The outlook of these Credit Ratings (ratings) is negative. At the same time, AM Best has removed from under review

The Partners Group Selects Reperio Health as Their Exclusive Biometric Health Screening Partner

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
PORTLAND, Ore.--(BUSINESS WIRE)--Reperio Health, the only provider of at-home and onsite comprehensive health screenings with instant results, announced today that they have been selected as the exclusive biometric health screening partner for The Partners Group (TPG), a leading Northwest-based insurance and financial consulting firm and one of the nation’s top 75 largest insurance brokerage firms. The two Portland-based organizations have teamed up to provide TPG employees — metro Portland-bas

Vanilla Expands Document Creation to Offer a Complete, Modern Estate Planning Experience

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
SALT LAKE CITY--(BUSINESS WIRE)--Vanilla, a leading provider of innovative estate planning software, today announced an expanded set of features for Vanilla Document BuilderTM, the modern document creation engine within the Vanilla Estate Advisory Platform. Financial advisors using Vanilla can now offer a compelling modern estate planning experience for clients across the wealth spectrum. New features include the ability to connect directly with legal experts, to get powers of attorney for adul

Sycamore Tree Capital Partners Closes Fifth CLO at $504 Million; Resets, Extends and Upsizes STCP CLO 3 to $525 Million

Lastest from Businesswire - Wed, 04/24/2024 - 13:41
DALLAS--(BUSINESS WIRE)--Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, today announced the closing of STCP CLO 2024-5, Ltd. (“STCP CLO 5” or “the Fund”), the Firm’s fifth and largest new issue collateralized loan obligation since launching its CLO platform in July of 2021. STCP CLO 5 totals $504 million and received strong support from a broad range of new and existing institutional investors, including pub

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