Lastest from Businesswire
Walker & Dunlop Investment Sales Team Establishes Presence in Phoenix
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has grown its Investment Sales team with the addition of managing director, Christopher Westcott, based in Phoenix, Arizona. Westcott’s strategic onboarding is part of the company’s coordinated expansion effort in the mountain and Western U.S., spanning Denver, Southern California, and now Phoenix. Westcott will focus on the origination and execution of multifamily investment sales across Arizona, working directly
Allvue Systems Introduces Allvue Services Improving Time to Value with Premium Support, Consulting, and Managed Services
NEW YORK--(BUSINESS WIRE)--Allvue Systems, LLC, a leading provider of technology solutions for the alternative investment industry, today announced the launch of Allvue Services. Allvue Services is a comprehensive suite of premium offerings encompassing product support, consulting, and managed services that enable every alternative investment company to accelerate time to value of their data and technology investments in an increasingly complex market. Allvue Services now uses generative AI to
TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO
Brent Houston, Founding Member and Chief Operations Officer at ARDRI, Pioneers a New Era in Mortgage Banking Innovation
CALABASAS, Calif.--(BUSINESS WIRE)-- #ARDRI--ARDRI, the leader in intelligent non-QM and Business Purpose lending solutions, is proud to announce the leadership of Brent Houston, a seasoned industry veteran and founding member who now serves as Chief Operations Officer. Houston has over 30 years of diverse experience in mortgage banking, real estate, asset management, and portfolio lending. His extensive entrepreneurial background uniquely positions him to guide ARDRI's growth and operational strategy,
Strategic Storage Growth Trust III, Inc. Expands Into Dallas Market With Strategic Acquisition
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the acquisition of a self-storage facility in Dallas, Texas. This property was acquired by SSGT III in a Delaware Statutory Trust. Situated at 8110 S Cockrell Hill Road, the newly acquired facility spans approximately 73,900 net rentable square feet and comprises a
Securities Fraud Investigation Into Zynex, Inc. (ZYXI) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Zynex, Inc. (“Zynex” or the “Company”) (NASDAQ: ZYXI) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZYNEX, INC. (ZYXI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 11, 2025, after market hours, Zynex released its fourth quarter and full y
BGSF, Inc. Announces Finance Leadership Transition
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a leading national provider of consulting, managed services and workforce solutions, today announces their leadership succession plan with the appointment of Mr. Keith Schroeder as the Company’s Chief Financial Officer, effective after the Annual Report on Form 10-K is filed for fiscal year 2024. Mr. Schroeder succeeds Mr. John Barnett, who served as the Company’s Chief Financial Officer since 2023. Beth Garvey, Chair, President and Chief
Federal Home Loan Bank of Dallas and Texas Capital Bank Award Almost $2M for Supportive Housing in Austin, Texas
AUSTIN, Texas--(BUSINESS WIRE)--A $1.98 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. A ceremonial groundbreaking was held this week to commemorate the occasion. The AHP grant was awarded to SAFE, an Austin-based organization that works to address and end multigenerational cycles of violence and abu
BGSF, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a leading provider of consulting, managed services, and professional workforce solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended December 29, 2024. Q4 2024 Highlights (results include sequential comparisons to Q3 2024): Revenues were $64.4 million for Q4, compared to $71.2 million for Q3. Property Management segment revenues decreased 18.5% from Q3, primarily driven by seasonal demand. Professi
Walker & Dunlop Secures $176 Million Credit Facility for Diversified Single-Family Rental Portfolio across Atlanta
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it arranged a $176 million credit facility for seven single-family rental communities located across various neighborhoods within the Atlanta, Georgia MSA. The Walker & Dunlop New York Capital Markets team, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Michael Ianno, Jackson Irwin, and Christopher de Raet, arranged the financing on behalf of institutional investors advised by J.P. Morgan As
KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority GO and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT); Affirms Related Ratings
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT). KBRA also affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the Matanuska-Susitna Borough State of Alaska Le
Smart Eye Technology and Finov8r Announce Strategic Partnership to Combat Fraud in Community Banking
AUSTIN, Texas--(BUSINESS WIRE)-- #banking--Smart Eye Technology, a leader in biometric security and continuous authentication solutions, has partnered with Finov8r, an advisory firm specializing in financial technology innovation, to bring cutting-edge fraud prevention solutions to U.S.-based community banks. Revolutionizing Fraud Prevention in Banking The banking industry faces unprecedented levels of fraud, often costing institutions six to seven figures in annual losses. Many of these attacks stem from
Bloxley Selects Mbanq to Power Its Vision for Effortless, Stylish Finance
SEATTLE--(BUSINESS WIRE)-- #AI--Bloxley, the innovative fintech and digital finance app, committed to making money management beautifully simple, has chosen Mbanq, a global leader in financial technology and embedded finance, to power its upcoming launch. With Mbanq’s advanced embedded banking platform and comprehensive compliance solutions, Bloxley is set to deliver financial services that combine style, convenience, and an unmatched user experience. Bloxley’s partnership with Mbanq ensures consumer
Securities Fraud Investigation Into Profound Medical Corp. (PROF) Announced – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Profound Medical Corp. (“Profound” or the “Company”) (NASDAQ: PROF) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PROFOUND MEDICAL CORP. (PROF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 7, 2025, Profound disclosed that it had “identifi
Data Communications Management Corp. Reports 2024 Financial Results
BRAMPTON, Ontario--(BUSINESS WIRE)--DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, today reported fourth quarter and fiscal year 2024 financial results. MANAGEMENT COMMENTARY “2024 was a pivotal year for DCM highlighted by the successful completion of the complex integration of the Moore Canada Corporation (“MCC”) acquisition which
Caliber Issues Supplemental Financial Information on Its Asset Management Platform Business
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber today reported supplemental financial results for its asset management platform business, providing investors with 5 years of historical data.
Metropolitan Bank Holding Corp. Announces $50 million Stock Repurchase Program
NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (“Company”) the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”) is pleased to announce that its board of directors has approved a share repurchase plan with authorization to purchase up to fifty million dollars ($50,000,000) of the common stock of the Company (NYSE: MCB). The purpose of the strategic initiative is to demonstrate the Company’s commitment to delivering total return to its investors. “
Fifth Third Breaks Ground on New Branch in Cincinnati’s Avondale Neighborhood
CINCINNATI--(BUSINESS WIRE)--Today Fifth Third (NASDAQ: FITB) and community leaders celebrated the groundbreaking for a new full-service banking center in Cincinnati’s Avondale neighborhood, which has been without a standalone bank branch for nearly five years. The new branch is expected to open to the public in late summer or early fall and is among 15 banking centers Fifth Third plans to open in low- and moderate-income (LMI) or high minority (HMT) population census tracts this year. The bran
N-able Announces Share Repurchase Program
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver security, data protection as-a-service and unified endpoint management, today announced that its Board of Directors has approved a share repurchase program authorizing the company to repurchase up to an aggregate of $75 million of shares of its common stock. “We believe strongly in the opportunities ahead for N-able and our potential to create long-term value for our sha
Ellington Credit Company Reports Fourth Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended December 31, 2024. Fourth Quarter Highlights Net income (loss) of $(2.0) million, or $(0.07) per share. Adjusted Distributable Earnings1 of $7.8 million, or $0.27 per share. Book value of $6.53 per share as of December 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 8.54% on credit, 3.24% on Agenc