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Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it has closed its initial investment into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the

Famed Texas Family Law Attorney Richard Orsinger Marks 50 Years in Practice

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
DALLAS--(BUSINESS WIRE)--Legendary family law and appellate lawyer Richard Orsinger, co-founder and name partner in the family law firm Orsinger, Nelson, Downing & Anderson, is marking his 50th year as one of Texas’ preeminent legal figures. “When he started practicing in 1975, the Texas legal landscape was dramatically different than it is today,” said firm co-founder and name partner Keith Nelson. “Countless improvements in the application and practice of the law, as well as the law itsel

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 10/1/2025 Ex-Date- 10/15/2025 Record- 10/15/2025 Payable- 11/3/2025   National Funds   Ticker   Distribution Change From Prior Distribution   BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust

Appellate Decision Clarifies How Texas Courts Treat Judgments from Mexico

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
EL PASO, Texas--(BUSINESS WIRE)--The 8th Court of Appeals in El Paso has sided with Johnston Tobey Baruch and its client in a civil case involving the interplay of Mexican and Texas preclusion law. The dispute stemmed from a failed land deal in Mexico that led to a judgment there, followed by a related lawsuit in Texas. On appeal, the key issue was whether the Texas court had to apply Mexico’s rules on res judicata, a term used to describe a case that has been concluded and cannot be appealed,

KBRA Releases 12 Things in Credit: August 2025

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its latest 12 Things in Credit report, highlighting timely credit market themes drawn from our weekly podcast, 3 Things in Credit, hosted by KBRA’s Chief Strategist, Van Hesser. Among the wide-ranging topics Van discusses in this issue are risk concentrations worth considering, a deeper dive into the retail sales report, and economic lines of defense against slowdown. Each Friday, the podcast covers three Things impacting credit that market participants

Doximity, Inc. Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information About Continuing Investigation

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating potential legal claims on behalf of Doximity, Inc. (NYSE: DOCS) shareholders, concerning alleged misconduct by certain officers and directors that may have harmed the company and its investors. Investors who have continuously held Doximity shares since before June 24, 2021, may have legal rights and are encouraged to contact the firm to learn more: https://www.johnsonfistel.com/investigations/doximity-inc-2 On May 13, 2025, the C

V.F. Corporation (VFC) Class Action Lawsuit Announced by Johnson Fistel

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP’s Denver office announces that a class action lawsuit has been filed on behalf of investors who purchased V.F. Corporation (NYSE: VFC) securities between October 30, 2023, and May 20, 2025. Investors who suffered losses during this period may be eligible for compensation. Eligibility to Participate Investors who purchased V.F. Corporation securities and incurred losses may seek appointment as lead plaintiff or participate in the class action. Lea

KBRA Assigns Preliminary Ratings to DB Master Finance LLC, Series 2025-1 Senior Secured Notes

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes from DB Master Finance LLC, Series 2025-1. KBRA is assigning preliminary ratings to the Series 2025-1 Class A-2-I and Class A-2-II Notes and anticipates affirming each of the outstanding ratings on the Series 2021-1, and 2023-1 Class A-1 Notes issued by DB Master Finance LLC (the Master Issuer), a whole business securitization (WBS). The rating actions follow KBRA’s analysis which indicates that existing credit

Seacoast Completes Acquisition of Villages Bancorporation, Inc.

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank, announced today the completion of its acquisition of Villages Bancorporation, Inc. (“VBI”), parent company of Citizens First Bank, effective October 1, 2025. The merger of Citizens First Bank with and into Seacoast National Bank was also effective on the same date, with Seacoast National Bank being the surviving financial institutio

FICO Launches Cost-Cutting Direct License Program for Mortgage Lending

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--FICO launches FICO® Mortgage Direct License Program, announcing a major shift in the delivery of FICO® Scores to the mortgage industry.

iShares® iBonds® ETF Nears Final Distribution Date

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of the iShares iBonds Dec 2025 Term Muni Bond ETF which includes the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBMN iShares® iBonds® Dec 2025 Term Muni Bond ETF Cboe BZX 12/01/25 12/01/25 12/04/25 iBonds ETFs are designed to cease trading and mature during a specific maturity wind

PSG Completes Sale of Versatile Credit to Synchrony

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
BOSTON--(BUSINESS WIRE)--PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth, today announced it has completed the sale of Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers through point-of-sale solutions, to Synchrony (NYSE: SYF). Terms of the transaction were not disclosed. Versatile Credit enables retailers and healthcare providers

U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

RiverNorth Closed-End Funds Declare Monthly Distributions

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have established the distribution dates for October, November and December 2025. The payments of the distributions are subject to Board approval. Ex Date Record Date Payable Date 10/15/2025 10/15/2025 10/31/2025 11/14/2025 11/14/2025 11/28/2025 12/15/2025 12/15/2025 12/31/2025 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset V

Chimera Announces Inducement Grants Under NYSE Rule 303A.08

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (“Chimera”) announced today that the Compensation Committee of its Board of Directors approved grants of restricted stock units (“RSUs”), effective October 1, 2025, representing an aggregate of up to 533,391 shares of Chimera common stock under the Chimera Investment Corporation 2025 Inducement Award Plan (the “Award Plan”) to up to 300 individuals offered employment with Chimera in connection with Chimera’s acquisition of HomeXpress Mor

SmartStop Self Storage REIT, Inc. Closes Transaction With Argus Professional Storage Management

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
LADERA RANCH, Calif. & TUCSON, Ariz.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, confirmed that it has completed its previously announced transaction with Argus Professional Storage Management (“APSM”). Together, SmartStop and APSM will own or manage over 460 self-storage properties in North America. Advisors: BMO Capi

Allstate Announces Updates to Leadership Team

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation today announced changes to its senior leadership team, effective Oct. 1, 2025. Mario Rizzo will become Chief Operating Officer, responsible for the Property-Liability and Protection Services businesses. Rizzo was previously President, Property-Liability. Jess Merten, currently Chief Financial Officer, will become President, Property-Liability. He will report to Rizzo. John Dugenske will serve as the interim Chief Financial Officer whil

Trustmark Corporation to Announce Third Quarter Financial Results October 28 and Conduct Earnings Conference Call October 29

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Third Quarter Financial Results October 28 and Conduct Earnings Conference Call October 29

BlackRock Income Trust (BKT) Provides Update on its Discount Management Program

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust (BKT) (the “Fund”) announced today the results of the Measurement Period (as defined below) under its previously announced discount management program (the “Program”). Under the Program, the Fund intends to offer to repurchase a minimum of 5% of its outstanding common shares if the Fund’s common shares trade at an average daily discount to net asset value (“NAV”) of greater than 7.50% during the twelve-week measurement period that commenced on J

Principal Real Estate Income Fund Declares Monthly Distributions of $0.105 Per Share

Lastest from Businesswire - Wed, 10/01/2025 - 18:43
DENVER--(BUSINESS WIRE)--Principal Real Estate Income Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol “PGZ,” announced the declaration of monthly distributions of $0.105 per common share, payable on the dates noted below. Based on the Fund’s current net asset value share price of $11.43 (as of market close on September 25, 2025), the distributions represent an annualized distribution rate of 11.02%. The following dates apply to the distributions declared: Ex D

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