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Smith Hill Capital and Bain Capital Announce $216 Million Refinancing for 774-Room Westin New York Grand Central

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
NEW YORK--(BUSINESS WIRE)--Smith Hill Capital, the fully integrated commercial real estate debt investment management business of Procaccianti Companies, and Bain Capital today announced the firms' joint venture completed a $216 million refinancing for the iconic Westin New York Grand Central Hotel. Centrally located in the heart of Midtown Manhattan on East 42nd Street, one block from Grand Central Terminal, the hotel is within walking distance of top office tenants, tourist landmarks, and maj

Tallvine-Backed Velocity FBO Network Expands with Acquisition of Havasu Air Center’s Fixed-Base Operator Assets

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
MIAMI--(BUSINESS WIRE)--Velocity FBO Network (“Velocity”), a premier North American network of fixed-base operators backed by Tallvine Partners, today announced the acquisition of Havasu Air Center’s fixed-base operator (“FBO”) assets, a leading FBO servicing Lake Havasu City Airport (KHII). With its second acquisition of 2025, Velocity continues to strengthen its presence with four premier locations across North America. As part of the transaction, the sellers will retain their aircraft manage

KBRA Assigns a Preliminary Rating to Sabal Issuer 2025-2 LLC

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to one class of notes issued by Sabal Issuer 2025-2, LLC. The transaction is collateralized by a diversified pool of 22,188 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems), some of which have energy storage equipment. The total aggregate discounted solar asset balance (ADSAB) based on a discount rate of 7.5%, consisting of the discounted payments of the leases and P

Gage Announces Strategic Acquisition of Data Management Services, Inc. to Expand Technology Solutions Portfolio

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
BATON ROUGE, La.--(BUSINESS WIRE)--Gage acquires Thibodaux IT services company Data Management Services, expanding technology solutions for South Louisiana businesses.

Hamachi.ai Launches to Transform Wealth Management Communications with AI-Powered, Compliance-Checked Workflows

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
PARK CITY, Utah--(BUSINESS WIRE)-- #AI--Hamachi.ai (“Hamachi”) today announced its official launch, unveiling a breakthrough AI-powered communication platform that streamlines and accelerates dialogue across the wealth management ecosystem. Founded by fintech innovators Eric Clarke (Orion), Brian McLaughlin (Redtail), Mike Wilson (AdvisoryWorld), and Mustapha Baassiri (Advizr), Hamachi empowers asset managers and advisors to deliver personalized, compliant and timely client communications at scale. W

CyberCube Raises More Than $180MM from New Cornerstone Investor Spectrum Equity

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SAN FRANCISCO--(BUSINESS WIRE)--CyberCube, a leading cyber risk modeling and analytics business, today announced an investment of more than $180MM by Spectrum Equity, subject to customary regulatory approvals. With this investment, Spectrum Equity will join existing investors ForgePoint Capital, Hudson Structured Capital Management (Bermuda) Ltd, and MTech Capital, as a cornerstone institutional investor, supporting the company's long-term growth and innovation. CyberCube is the analytics engin

Keller Williams Appoints Kendra Newman to General Counsel

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
AUSTIN, Texas--(BUSINESS WIRE)-- #GeneralCounsel--KW has promoted and appointed Kendra Newman to General Counsel.

FarmRaise and BTC Bank Partner to Simplify Farm Accounting & Improve Profitability

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
RIVERSIDE, Calif.--(BUSINESS WIRE)--FarmRaise, the farm financial technology company, and BTC Bank, a community bank serving farm families across the Midwest, are proud to announce a new partnership that will make financial management easier for farmers. Through this partnership, BTC Bank’s farm clients will have direct access to FarmRaise Tracks, the leading financial platform for farmers trusted nationwide. With FarmRaise Tracks, farmers can easily log expenses and income, categorize transact

KBRA Releases Research – CMBS Loan Performance Trends: September 2025

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the September 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS decreased to 7.7% in September from 7.9% in August. However, the total delinquent plus current but specially serviced loan rate (collectively, the distress rate) remained stable at 10.7%. The office delinquency rate decreased 90 basis points (bps) this

AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the main rated insurance subsidiaries of Zurich Insurance Group Ltd (Zurich) (Switzerland). At the same time, AM Best has affirmed the Long-Term ICR of “a+” (Excellent) of Zurich (a non-operating holding company). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Zurich’s balance sheet strengt

NASDAQ: FLY Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Firefly Aerospace Inc. (NASDAQ: FLY) Investors with Significant Losses to Contact the Firm

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Firefly Aerospace Inc. (NASDAQ: FLY) (“Firefly Aerospace”). On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace’s initial quarterly results as a public company since its initial public offering the prior month.

AM Best Affirms Credit Ratings of Farmers New World Life Insurance Company and Farmers Reinsurance Company

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Farmers New World Life Insurance Company (FNWL) (Bellevue, WA). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Farmers Reinsurance Company (Farmers Re) (Woodland Hills, CA). The outlook of these Credit Ratings (ratings) is stable. The ratings of FNWL ref

ACME Capital Welcomes Katera Mujadidi as Partner and Head of Investor Relations

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SAN FRANCISCO--(BUSINESS WIRE)--ACME Capital, an early-stage venture capital firm, announced the appointment of Katera Mujadidi as Partner and Head of Investor Relations. In this role, Katera will help shape the firm’s strategy and lead the creation of ACME’s dedicated investor relations and fundraising department. She will oversee the global investor relations platform, deepen partnerships with existing limited partners, and lead fundraising initiatives. ACME Capital partners with visionary fo

Qualified Named a Leader and a Customer Favorite Among Conversation Automation Solutions for B2B by a Leading Independent Global Research Firm

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SAN FRANCISCO--(BUSINESS WIRE)--Qualified's Piper the AI SDR Agent receives continual recognition among top solutions from industry analyst firms and real-world users.

Wasatch Bolsters Small Cap Value Lineup with New Fund Launches

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Global Investors announces the launch of global and international small-cap value funds.

CBL Properties Announces Nearly $158 Million in Recent Financing Activity

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it had closed on nearly $158.0 million in financing activity in three separate transactions. This is in addition to the previously announced financing activity completed in 2025, totaling more than $520 million. CBL and its joint venture partner closed on a new $43.0 million loan secured by The Pavilion at Port Orange in Port Orange, FL. The five-year non-recourse loan has a fixed interest rate of 5.9%, interest

System Pavers Unveils Top Four Outdoor Living Trends for Fall 2025

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SANTA ANA, Calif.--(BUSINESS WIRE)--System Pavers, the nation's expert outdoor living design and installation company, shares top outdoor living trends for Fall 2025.

Jon Nuger and John Nelson Recognized Among GrowthCap’s Top Software Investors of 2025

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
BOSTON--(BUSINESS WIRE)-- #GrowthCap--Berkshire Partners announces that Jon Nuger and John Nelson have been named to GrowthCap’s Top Software Investors of 2025 list.

AXGN Investors Have Opportunity to Join Axogen, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
LOS ANGELES--(BUSINESS WIRE)---- $AXGN--AXGN Investors Have Opportunity to Join Axogen, Inc. Fraud Investigation with the Schall Law Firm

Ryan Named One of the 2025 Best Places to Work in San Diego

Lastest from Businesswire - Wed, 10/01/2025 - 12:43
SAN DIEGO--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, is pleased to announce the Firm has been named one of the Best Places to Work in San Diego by the San Diego Business Journal for the seventh consecutive year. “We’re honored to receive this prestigious award once again, as it reflects our ongoing commitment to fostering a workplace where our team members can thrive both professionally and personally,” said Ginny B. Kissling, President Americas and Chief Opera

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