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KBRA Releases Research – Conduit Subordination: Follow the Credit Metrics

Mon, 07/28/2025 - 09:11
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research on the current trends in CMBS conduit credit metrics and subordination levels. Junior AAA subordination levels in conduit CMBS increased to 20.3% in 1H 2025, marking an increase of more than 10% from the full-year 2023 average of 18.4%. This trend is unsurprising, as average appraised loan-to-value (LTV) ratios have increased over four points to 56.6% during the same period. Notably, KBRA loan-to-value (KLTV) ratios for KBRA-rated transactions h

American Standard Launches First TV Campaign for Shower Remodels With Marketing Architects

Mon, 07/28/2025 - 06:11
MINNEAPOLIS--(BUSINESS WIRE)--American Standard Home Services launches a national TV campaign highlighting a lifetime warranty and end-to-end service.

Riata Capital Group Announces Sale of Greenix Pest Control

Mon, 07/28/2025 - 06:11
DALLAS--(BUSINESS WIRE)--Riata Capital Group Announces Sale of Greenix Pest Control

Hercules Capital’s Wholly-Owned Investment Adviser Launches Fourth Institutional Private Credit Fund

Mon, 07/28/2025 - 06:11
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital” or the “Company”), the largest and leading specialty finance provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Hercules Adviser LLC (“Hercules Adviser”), its wholly-owned registered investment adviser, completed its first close of a fourth institutional private

Brightstar Capital Partners to Acquire Arden University Stake

Mon, 07/28/2025 - 06:11
LONDON & NEW YORK--(BUSINESS WIRE)--Brightstar Capital Partners (“Brightstar”), a private equity firm focused on investing in business services, industrials, consumer, and government services and technology companies, today announced that it has signed a definitive agreement to acquire a 50% stake in Arden University (“Arden” or “the University”) in partnership with Global University Systems (“GUS”), Arden’s current owner. Founded in 1990, Arden is a fast-growing provider of flexible higher edu

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