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KBRA Releases Research – CMBS Loan Performance Trends: October 2024

Tue, 10/29/2024 - 12:58
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the October 2024 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) in October increased to 5.48%, up 16 basis points (bps) from September. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) was relatively flat with an 11-bp increas

Following A Hazardous Chemical Fire, Napoli Shkolnik Files Lawsuit on Behalf of Rockdale County Against Bio-Lab, Inc. and KIK Consumer Products Inc.

Tue, 10/29/2024 - 12:58
MELVILLE, N.Y.--(BUSINESS WIRE)-- #BioLabInc--“Our goal is to set a precedent that enhances corporate responsibility and accountability as it relates to our environment and community.”

Ryan Named One of the Best Places to Work in Kansas City

Tue, 10/29/2024 - 12:58
KANSAS CITY--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has been recognized as one of the Best Places to Work in Kansas City by the Kansas City Business Journal for the fourth time. “At Ryan, we have built a culture of excellence that is reflected in the work we do on behalf of our clients and in the environment we create for our team members,” said Ginny Kissling, Global President and Chief Operating Officer. “We sincerely thank our Kansas City team for embodyi

North American and AMS Financial Services Group Announce Max Elite Annuities

Tue, 10/29/2024 - 12:58
WEST DES MOINES, Iowa--(BUSINESS WIRE)--North American Company for Life and Health Insurance® (North American), an A+ rated carrier3 and member company of Sammons® Financial Group and one of the largest issuers of fixed index annuities (FIAs) in the U.S.1, is partnering with AMS Financial Services Group, a long serving financial solutions provider. Today the two companies announce the addition of a new annuity product series appropriately named Max Elite. This product is wholesaled by AMS and s

Americans Lack Plans for Retirement Income, Allianz Life Study Finds

Tue, 10/29/2024 - 12:58
MINNEAPOLIS--(BUSINESS WIRE)--Many Americans lack a plan for how they will draw from their retirement savings for income in retirement and worry about the funds lasting for their lifetime, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life). Less than half of Americans (44%) say they currently have a plan for how they will take income in retirement. Boomers (67%) are more likely than Gen Xers (30%) or millennials (33%) to say they h

Secret Double Octopus Secures Strategic Investment from SBI Holdings to Propel Global Expansion of Workforce Passwordless Authentication

Tue, 10/29/2024 - 12:58
MENLO PARK, Calif.--(BUSINESS WIRE)--Secret Double Octopus, the market leader in workforce passwordless authentication, today announced the successful raising of additional equity funding as part of the second tranche of its Series C. SDO’s platform is being used by Fortune 500 companies to eliminate passwords from all employee workflows, and has received the support of prominent VCs, IAM market leaders, and industry analysts. In recent years the platform demonstrated its robustness in many hig

SMCI Investors Have Opportunity to Join Super Micro Computer, Inc. Fraud Investigation with the Schall Law Firm

Tue, 10/29/2024 - 12:58
LOS ANGELES--(BUSINESS WIRE)--SMCI Investors Have Opportunity to Join Super Micro Computer, Inc. Fraud Investigation with the Schall Law Firm

Gantry Sees Significant Increase of Loan Production in Q3 2024; Loan Servicing Portfolio Expands to $20 Billion

Tue, 10/29/2024 - 12:58
SAN FRANCISCO--(BUSINESS WIRE)-- #commercialmortgage--Gantry, the largest independent commercial mortgage banking firm in the U.S., is reporting a significant increase in new commercial mortgage production for Q3 2023, with a nearly 10% increase over both Q2/Q1 totals. While the recent Fed Funds rate cut infused some much-needed optimism into market sentiments, its impact has been marginal on commercial real estate lending rates with treasuries experiencing upward movement since the announcement. Regardless, rates r

Equity Group Investments Named to Inc.’s 2024 Founder-Friendly Investors List

Tue, 10/29/2024 - 12:58
CHICAGO--(BUSINESS WIRE)--Equity Group Investments, (“EGI”), the private investment firm founded by Sam Zell, today announced it has been named to Inc.’s annual Founder-Friendly Investors list, which recognizes private investment firms with strong track records of supporting and scaling founder-owned businesses. Following conversations with several EGI portfolio company founders, Inc. recognized EGI as a firm that effectively partners with founder- and family-owned businesses to navigate growth

Paysafe Partners with Deutsche Bank to Strengthen Its Cash Services for Postbank Customers in Germany

Tue, 10/29/2024 - 12:58
LONDON--(BUSINESS WIRE)--Paysafe (NYSE:PSFE) has partnered with Deutsche Bank AG, Germany’s largest retail bank, to provide private customers with easy access to cash services. Powered by Paysafe’s barcode solution, Paysafecash (marketed in Germany as “viacash”), banking customers in Germany will be able to deposit and withdraw cash seamlessly to and from their bank accounts. This service will be available for private customers first for the Postbank brand in November and is planned to be rolle

WITHIN Selected by Onewheel as Media Agency of Record

Tue, 10/29/2024 - 12:58
NEW YORK--(BUSINESS WIRE)--WITHIN named Media Agency of Record for Onewheel, enhancing brand presence and driving sales with integrated media services.

Hyosung Americas Announces Hyosung Pay Retail ATM Pilot Program With eGlobal

Tue, 10/29/2024 - 12:58
IRVING, Texas--(BUSINESS WIRE)--Hyosung Americas will partner with eGlobal on Hyosung Pay, which streamlines retail ATM services for both the operator and for the ATM consumer.

Global Event Planning Company, Encore, Pioneers Overtime Savings Program Through UKG to Support Frontline Workers

Tue, 10/29/2024 - 12:58
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)-- #HCM--UKG announced that Encore, a global event technology and production provider, is pioneering a first-of-its-kind Overtime Savings Program with UKG.

Goldstein Group Communications Introduces Advanced HubSpot/Salesforce Integration Service to Boost Marketing ROI Performance

Tue, 10/29/2024 - 12:58
CLEVELAND--(BUSINESS WIRE)--Are data silos hindering your sales? The disconnect between CRMs and marketing automation systems means businesses struggle with disparate data sets, unable to accurately launch and measure their most effective marketing efforts. Goldstein Group Communications (GGC), a Cleveland-area B2B digital marketing agency, announces a new service, HubSpot/Salesforce integration, to address this challenge for its business-to-business customers. The service aims to bridge the ga

Final 12 teams announced for Grant Thornton Invitational

Tue, 10/29/2024 - 12:58
NAPLES, Fla.--(BUSINESS WIRE)--Tournament officials today announced the remaining 12 teams that will compete in the Grant Thornton Invitational, set to return Dec. 13-15, 2024, at the Tiburón Golf Club in Naples, Florida. The final 12 mixed teams for the second annual event include: Céline Boutier and Matthieu Pavon Rose Zhang and Sahith Theegala Brooke Henderson and Corey Conners Lauren Coughlin and Cameron Young Andrea Lee and Billy Horschel Mel Reid and Cameron Champ Lilia Vu and Luke List G

Energage Honors 10 Hawaii Employers with 2024 Top Workplaces Award

Tue, 10/29/2024 - 12:58
EXTON, Pa.--(BUSINESS WIRE)-- #topworkplaces--Energage, the HR technology firm behind the Top Workplaces employer recognition awards program, has recognized 10 outstanding employers in Hawaii in 2024. The program highlights organizations for their people-first commitment to workplace excellence. The Top Workplaces awards are grounded in confidential employee feedback collected by Energage’s research-backed Workplace Survey. This data provides organizations with an honest assessment of their workplace culture, m

FIA to Feature IMX HEALTH in Innovators Pavilion

Tue, 10/29/2024 - 12:58
CHICAGO--(BUSINESS WIRE)--The Futures Industry Association (“FIA”) has announced that IMX Health, LLC is one of ten companies chosen to exhibit in the Innovators Pavilion at the FIA’s Futures and Options Expo on November 18-20, 2024 at the Sheraton Grand Chicago Riverwalk. The Innovators Pavilion showcases startup companies providing forward-thinking solutions for the global futures, options and swaps markets. IMX Health was chosen from a competitive pool of applicants to showcase its healthcar

Boston Financial Closes $170 Million National Multi-Investor Fund

Tue, 10/29/2024 - 12:58
BOSTON--(BUSINESS WIRE)--Boston Financial, the largest syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”) with a portfolio of over $16 billion in assets under management, today announced the closing of Boston Financial Institutional Tax Credits 60 Limited Partnership (“ITC 60”), a $170 million multi-investor LIHTC fund. Boston Financial secured commitments from six institutional investors for ITC 60, including a mix of regional and national banks and insurance companies, enabling the d

Brightcove Announces New and Expanded AI Suite Pilots

Tue, 10/29/2024 - 12:58
BOSTON--(BUSINESS WIRE)---- $BCOV #AI--Brightcove is expanding its popular AI Suite pilot program with new solutions based on customer needs and positive feedback.

Accelerate Infrastructure Opportunities Raises $780 Million — $630 Million from CBRE Investment Management and $150 Million from Separate Inaugural Asset-Backed Securitization

Tue, 10/29/2024 - 09:58
DALLAS--(BUSINESS WIRE)--Accelerate announces $780 million capital raise to support growth of real estate under critical infrastructure acquisition strategy.

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