Golub

KBRA Assigns Preliminary Ratings to Golub Capital Partners ABS Funding 2024-1

Retrieved on: 
Thursday, February 1, 2024

KBRA assigns preliminary ratings to two classes of notes issued by Golub Capital Partners ABS Funding 2024-1 (GCPAF 2024-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

Key Points: 
  • KBRA assigns preliminary ratings to two classes of notes issued by Golub Capital Partners ABS Funding 2024-1 (GCPAF 2024-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.
  • The portfolio presented to KBRA contains exposures to 47 obligors with approximately 71.9% of the par exposed to RRLs.
  • GCIM is a USVI company providing investment management, fund accounting, operational and administrative services to manage certain of Golub Capital’s offshore funds.
  • Through services agreements, the collateral manager will leverage the Golub Capital platform, including its investment professionals and other resources.

CIM Group Brings Luxury Watch Manufacturer A. Lange & Söhne to The Shops at Tribune Tower

Retrieved on: 
Tuesday, December 19, 2023

CIM Group announced today that it has signed German luxury watch manufacturer A. Lange & Söhne to a long-term lease for 1,409 square feet of retail space at The Shops at Tribune Tower in Chicago, Illinois.

Key Points: 
  • CIM Group announced today that it has signed German luxury watch manufacturer A. Lange & Söhne to a long-term lease for 1,409 square feet of retail space at The Shops at Tribune Tower in Chicago, Illinois.
  • CIM Group controls approximately 60,000 square feet of flexible retail space on Michigan Avenue with its Tribune Tower and 444 N. Michigan Ave. properties.
  • The Shops at Tribune Tower consists of 50,000 square feet of retail spaces that anchor the ground floor of the iconic 36-story, 740,000-square-foot Neo-Gothic Tribune Tower, which has been transformed into 162 luxury residential condominiums by CIM Group and Golub & Company.
  • In addition to the retailers at The Shops at Tribune Tower, CIM Group brought Coach and HOKA to 444 N. Michigan Ave., the 36-story, 517,000-square-foot Class A office building across the street.

Landmarks Illinois names the winners of 2023 Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards, celebrates 30th anniversary of award program

Retrieved on: 
Tuesday, September 12, 2023

Chicago, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Landmarks Illinois has announced the winners of the 2023 Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards , an annual program honoring exceptional preservation efforts across Illinois that is celebrating its 30th Anniversary this year.

Key Points: 
  • Chicago, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Landmarks Illinois has announced the winners of the 2023 Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards , an annual program honoring exceptional preservation efforts across Illinois that is celebrating its 30th Anniversary this year.
  • All 2023 recipients will be honored at a public ceremony on October 23, 2023, at the Athenaeum Center for Thought & Culture.
  • “As we have seen over the 30 years of our awards program, preservation has a lasting impact on our Illinois communities.
  • Former winners of the Landmarks Illinois Richard H. Driehaus Foundation Preservation Awards are highly encouraged to attend and can also receive a discounted ticket.

KBRA Assigns Preliminary Ratings to Golub Capital Partners ABS Funding 2023-1

Retrieved on: 
Friday, June 23, 2023

KBRA assigns preliminary ratings to two classes of notes issued by Golub Capital Partners ABS Funding 2023-1 (GCPAF 2023-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

Key Points: 
  • KBRA assigns preliminary ratings to two classes of notes issued by Golub Capital Partners ABS Funding 2023-1 (GCPAF 2023-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.
  • The ratings reflect initial credit enhancement levels, excess spread, and structural features.
  • Through services agreements, the collateral manager will leverage the Golub Capital platform, including its investment professionals and other resources.
  • KBRA’s preliminary ratings on the Class A and Class B Notes considers timely payment of interest and ultimate payment of principal by the applicable stated maturity date.

Northeast Grocery, Inc. Selects DemandTec by Acoustic as Lifecycle Pricing Platform for its Operating Companies

Retrieved on: 
Wednesday, December 14, 2022

BOSTON, Dec. 14, 2022 /PRNewswire/ -- DemandTec by Acoustic, a pioneering leader in retail pricing, promotions, and markdown optimization technology, today announced a multi-year agreement with Northeast Grocery, Inc. (NGI), parent company to nearly 300 Price Chopper/Market 32 and Tops Friendly Markets across six Northeastern states. Expanding upon an established relationship with Tops, DemandTec's Unified Lifecycle Pricing, which includes Pricing, Promotion, and Collaboration, will now be deployed by both operating companies to elevate their collective merchandising and pricing strategy.

Key Points: 
  • Expanding upon an established relationship with Tops, DemandTec's Unified Lifecycle Pricing, which includes Pricing, Promotion, and Collaboration, will now be deployed by both operating companies to elevate their collective merchandising and pricing strategy.
  • DemandTec Unified Lifecycle Pricing offers a complete, unified suite of Pricing, Promotions, Markdowns, and Vendor Collaboration solutions.
  • As a pioneer in price optimization for over 20 years, DemandTec by Acoustic partners with leading retailers around the globe.
  • The Acoustic portfolio of companies helps businesses across industries to grow customer lifetime value with award-winning technology and unbeatable client success teams.Learn more about the Acoustic portfolio at www.acoustic.com .

UL Research Institutes, UL Standards & Engagement to Relocate to Evanston, Illinois

Retrieved on: 
Wednesday, December 7, 2022

NORTHBROOK, Ill., Dec. 7, 2022 /PRNewswire/ -- Global safety science research leader UL Research Institutes (ULRI) and standards development and advocacy organization UL Standards & Engagement (ULSE) will move their headquarters and staff to downtown Evanston, Illinois, the organizations announced today.

Key Points: 
  • The decision made by UL Research Institutes and UL Standards & Engagement to relocate here reinforces our city's commitment to attracting organizations who share in our vision for innovation and sustainable economic growth," said Evanston Mayor Daniel Biss.
  • UL Research Institutes and UL Standards & Engagement expect to move employees into the new Evanston headquarters in late 2023.
  • Our discoveries support the development of practical standards and policies by UL Standards & Engagement.
  • About UL Standards & EngagementUL Standards & Engagement translates scientific discoveries into standards and policies that have the power to make a systemic impact on public safety throughout the world.

CIM Group Brings Global Fashion House Coach to Chicago’s 444 N. Michigan Avenue

Retrieved on: 
Monday, October 10, 2022

CIM Group announced today that it has signed Coach to an approximately 3,000-square-foot retail location at 444 N. Michigan Ave. in Chicago, Illinois.

Key Points: 
  • CIM Group announced today that it has signed Coach to an approximately 3,000-square-foot retail location at 444 N. Michigan Ave. in Chicago, Illinois.
  • Directly across the street CIM Group is assembling an unparalleled collection of experiences and retailers at its 50,000-square-foot The Shops at Tribune Tower.
  • Coach at 444 N. Michigan Ave. is anticipated to open in 2023.
  • In addition to 444 N. Michigan Ave. and Tribune Tower, CIMs portfolio of Chicago properties include 425 S. Financial Place.

CIM Group Brings Piercing and Jewelry Brand Rowan to Chicago’s The Shops at Tribune Tower on the Magnificent Mile

Retrieved on: 
Tuesday, September 13, 2022

CIM Group announced today the signing of a long-term lease with piercing and jewelry brand Rowan for a prominent, approximately 900-square-foot retail space on Michigan Avenue at The Shops at Tribune Tower in Chicago, Illinois.

Key Points: 
  • CIM Group announced today the signing of a long-term lease with piercing and jewelry brand Rowan for a prominent, approximately 900-square-foot retail space on Michigan Avenue at The Shops at Tribune Tower in Chicago, Illinois.
  • Rowan offers a popular line of jewelry and elevated ear piercing experience at its signature retail studios.
  • In addition to Tribune Tower and 444 N. Michigan Ave., CIMs portfolio of Chicago properties include 425 S. Financial Place.
  • Rowan is an innovative and trendy ear-piercing studio that brings safety to the forefront with their team of licensed nurses and genuine hypoallergenic jewelry.

VendorPM Closes $20M Series A To Scale Commercial Real Estate Vendor Marketplace Across North America

Retrieved on: 
Tuesday, August 23, 2022

In doing so, VendorPM will address the strong market demand as well as support their expansion into additional U.S. markets including Chicago, IL and Washington, DC.

Key Points: 
  • In doing so, VendorPM will address the strong market demand as well as support their expansion into additional U.S. markets including Chicago, IL and Washington, DC.
  • Building managers use VendorPM for its modern, standardized approach to vendor management, sourcing, procurement and compliance.
  • VendorPM is a software-enabled marketplace that modernizes how property managers work with vendors through enhancing vendor management, sourcing, procurement & compliance.
  • Prudence is an early-stage venture capital firm investing in technology companies leading the global transformation of the real estate sector.

Farpoint Development and Golub and Company to Unveil New Resident Amenity Center at Bronzeville’s Prairie Shores

Retrieved on: 
Thursday, August 11, 2022

The building, officially branded as The Hub, will serve as a central gathering place connecting the hundreds of residents who call Prairie Shores home.

Key Points: 
  • The building, officially branded as The Hub, will serve as a central gathering place connecting the hundreds of residents who call Prairie Shores home.
  • The Hub is the newest addition to the Prairie Shores community since it opened 60 years ago.
  • Prairies Shores , the five-tower apartment community with 1,675 units, was purchased in 2019 by Chicago-based firms Golub & Company and Farpoint Development, along with New York-based Urban Investment Group within Goldman Sachs Asset Management.
  • Farpoint is a Chicago-based real estate development company with extensive experience in managing large scale development and redevelopment projects.