Mezzanine

Alliant Insurance Services Celebrates 100 Years in Founding City of San Diego at RIMS® RISKWORLD®, Offers Meetings with Executive Leadership

Retrieved on: 
Wednesday, April 3, 2024

At the RIMS® ( Risk Management Society ) RISKWORLD® Conference , May 5-8 in San Diego, CA, Alliant Insurance Services will celebrate 100 years in the city where it was founded in 1925.

Key Points: 
  • At the RIMS® ( Risk Management Society ) RISKWORLD® Conference , May 5-8 in San Diego, CA, Alliant Insurance Services will celebrate 100 years in the city where it was founded in 1925.
  • Greg Zimmer, Alliant’s newly appointed CEO; Ralph Hurst, President; Peter Carpenter, Chief Operating Officer; and Peter Arkley, President, National Brokerage, will be on site for the milestone event, where attendees and media may request a meeting with Alliant executives .
  • At booth #1834 and in the Alliant Arena, Mezzanine Level #16, Alliant will hold exclusive demonstrations and presentations from Alliant Analytics and Alliant Cyber that demonstrate how Alliant helps clients navigate the evolving risk landscape, improve resilience and drive better insurability outcomes.
  • “Our industry success and attractiveness to talent is fueled by our powerful differentiators—placing clients’ interests first, recruiting the highest level of talent, developing the next generation of risk professionals, making strategic acquisitions and operating as a specialty-focused organization.”

Allied to Acquire Ownership Interest in 400 West Georgia and Increase Ownership Interest in 19 Duncan

Retrieved on: 
Monday, March 11, 2024

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).

Key Points: 
  • TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).
  • 400 West Georgia is comprised of 345,034 square feet of office GLA, 5,525 square feet of retail GLA and 163 underground parking stalls.
  • Allied will convert $130.5 million of the Mezzanine Loan to equity in exchange for a 90% undivided interest in 400 West Georgia.
  • Allied expects to complete the transactions in relation to 400 West Georgia and 19 Duncan in early April, subject only to Competition Act approval and customary closing conditions.

Kreshmore Group 2023 Year in Review

Retrieved on: 
Tuesday, January 30, 2024

As the calendar turns to 2024, Kreshmore Group (KG) celebrates another successful transactional track record and its 14th year in business.

Key Points: 
  • As the calendar turns to 2024, Kreshmore Group (KG) celebrates another successful transactional track record and its 14th year in business.
  • Kreshmore is grateful for its teams’ efforts and the professional alignments it has secured within the financial industry.
  • “We thank our supporters – from our investors to our deal partners – for what we accomplished together in 2023,” said Joseph B. Wabick, Managing Partner of Kreshmore Group.
  • We anticipate having a greater ability to take on more client work and accelerate critical growth levers in 2024.”

Preparing for Takeoff: Chase Opens its Chase Sapphire Lounge by The Club at New York’s LaGuardia Airport Today and Unveils Latest Expansion of its Airport Lounge Network

Retrieved on: 
Tuesday, January 16, 2024

Today, Chase is opening the newest Chase Sapphire Lounge by The Club at New York’s LaGuardia Airport (LGA).

Key Points: 
  • Today, Chase is opening the newest Chase Sapphire Lounge by The Club at New York’s LaGuardia Airport (LGA).
  • View the full release here: https://www.businesswire.com/news/home/20240116052832/en/
    Additionally, Chase will further expand its lounge network with a new lounge location at John F. Kennedy International Airport (JFK).
  • This location will offer the signature Chase Sapphire Lounge by The Club experience.
  • Photos and additional media details about the new LaGuardia Chase Sapphire Lounge by The Club are available upon request.

On the Twelve Days of Christmas, Fairmont Hotels & Resorts Gave to Me

Retrieved on: 
Tuesday, November 14, 2023

As the twelve days of Christmas draw near, Fairmont Hotels & Resorts are here to make the most of each day with holiday cheer and Santa's reindeer.

Key Points: 
  • As the twelve days of Christmas draw near, Fairmont Hotels & Resorts are here to make the most of each day with holiday cheer and Santa's reindeer.
  • Outlined below are 12 Merry Festivities across Fairmont Hotels & Resorts in North & Central America to have a holly jolly good time this Holiday season.
  • For more than a century, Fairmont San Francisco has enchanted guests with its joyful holiday festivities and exuberant seasonal ambience.
  • Guests of Fairmont Century Plaza will be transported to the ski slopes this holiday season through the hotel's beautifully built Swiss Chalets.

Hildene Capital Completes $333 Million Non-QM Loan Securitization

Retrieved on: 
Thursday, November 9, 2023

CROSS 2023-H2 offered five tranches with four senior bonds paying principal pro rata and a sequential mezz bond.

Key Points: 
  • CROSS 2023-H2 offered five tranches with four senior bonds paying principal pro rata and a sequential mezz bond.
  • “We are pleased to scale our relationship with CrossCountry Mortgage through the close of CROSS 2023-H2,” said Justin Gregory, Portfolio Manager at Hildene.
  • The relationship provides Hildene with exclusive access to scalable, high credit quality non-QM loans, which Hildene and CCM collaborate to securitize.
  • CROSS 2023-H2 is Hildene’s largest securitization of non-QM loans, following a $232.9 million securitization of CROSS 2023-H1 in July 2023.

JPI Hosts Multifamily Experts Roundtable in Southern California

Retrieved on: 
Thursday, August 31, 2023

You certainly see that in coastal Southern California, but we're not seeing huge vacancy numbers.

Key Points: 
  • You certainly see that in coastal Southern California, but we're not seeing huge vacancy numbers.
  • And I really do think that is driving some of the income-restricted housing in Southern California.
  • The data from RealPage shows that last year all of Southern California had roughly 20,000 units that were started.
  • On existing assets, we're still seeing positive lease trade-outs and renewals in pretty much all markets in Southern California.

THE VINOY RESORT & GOLF CLUB INTRODUCES HIGH TEA AND HISTORIC TOURS

Retrieved on: 
Tuesday, June 20, 2023

ST. PETERSBURG, Fla., June 20, 2023 /PRNewswire/ -- The Vinoy Resort & Golf Club, Autograph Collection is bringing a new historic tour and high tea experience to downtown St. Petersburg, immersing guests and locals in the resort's rich history. The History Tours and High Tea experience comes as The Vinoy debuts its revitalized onsite History Gallery, part of the resort's comprehensive renovation that was revealed in April 2023.

Key Points: 
  • For the First Time a Luxurious High Tea Experience Is Available in St. Petersburg, Accompanied by a History Tour at the Iconic Resort
    ST. PETERSBURG, Fla., June 20, 2023 /PRNewswire/ -- The Vinoy Resort & Golf Club, Autograph Collection is bringing a new historic tour and high tea experience to downtown St. Petersburg, immersing guests and locals in the resort's rich history.
  • The History Tours and High Tea experience comes as The Vinoy debuts its revitalized onsite History Gallery, part of the resort's comprehensive renovation that was revealed in April 2023.
  • Following the hour-long history tour, a luxe high tea – the only high tea offering in downtown St. Pete – will be served on the Mezzanine.
  • The History Tour and High Tea experience is offered Thursdays – Sundays from 2:00pm – 4:00pm.

Metals Acquisition Corp. Announces $112 Million of PIPE Subscription Agreements Executed

Retrieved on: 
Monday, April 17, 2023

Subscription agreements totaling approximately $112 million executed for the PIPE relating to the CSA Mine acquisition, including investments from a number of large, global natural resource funds who have anchored the PIPE

Key Points: 
  • Subscription agreements totaling approximately $112 million executed for the PIPE relating to the CSA Mine acquisition, including investments from a number of large, global natural resource funds who have anchored the PIPE
    Metals Acquisition Corp. (NYSE: MTAL.U) (“MAC”) today announced that it has entered into Subscription Agreements totaling approximately $112 million at a purchase price of $10.00 per share in a private placement to be consummated substantially concurrently with the consummation of the CSA Mine acquisition.
  • Marthinus J. Crouse, Chief Financial Officer of MAC, has entered into a Subscription Agreement with an aggregate purchase price of $250,000.
  • Patrice Ellen Merrin, director of MAC, has entered into a Subscription Agreement with an aggregate purchase price of $50,000.
  • Mick McMullen, MAC CEO, said: "Executing these Subscription Agreements is a major step forward in progressing the CSA Mine Acquisition and represents a strong effort by the MAC team.

The Vanderbilt, Auberge Resorts Collection Launches Bespoke Gilded Age Dinner Party With James Beard-Awarded Maison Premiere

Retrieved on: 
Wednesday, January 11, 2023

NEWPORT, R.I., Jan. 11, 2023 /PRNewswire-PRWeb/ -- Newport's historic downtown mansion, The Vanderbilt, Auberge Resorts Collection, has partnered with New York City's acclaimed Maison Premiere to create a first-of-its-kind, collaborative private dining experience, Upstairs/Downstairs: A Gilded Age Dinner Party. Kicking off this month, and available for both guests and locals alike, the immersive offering will include a bespoke dinner featuring a nine-course menu, as well as a cocktail experience curated by William Elliott (Managing Partner/Bar Director) of the James Beard award-winning brand. Inspired by the raucous parties of the early 20th century, when Newport's most legendary families threw extravagant soirées, the exclusive collaboration will highlight the intersection of taste, sound and aesthetic of both celebrated outlets, while paying homage to the resort's rich history and namesake, Alfred Vanderbilt.

Key Points: 
  • NEWPORT, R.I., Jan. 11, 2023 /PRNewswire-PRWeb/ -- Newport's historic downtown mansion, The Vanderbilt, Auberge Resorts Collection , has partnered with New York City's acclaimed Maison Premiere to create a first-of-its-kind, collaborative private dining experience, Upstairs/Downstairs: A Gilded Age Dinner Party.
  • "We are thrilled to partner with Maison Premiere, a like-minded brand who has long been lauded for excellence in cocktail artistry.
  • Maison Premiere has long been lauded for excellence in mixology as well as its unwavering commitment to service and hospitality.
  • Upstairs/Downstairs: A Gilded Age Dinner Party with Maison Premiere will be available through May 30, 2023.