Posted on 7/30/20
Here's What the Federal Reserve Just Said About the U.S. Economy
The Federal Reserve's policy-making Federal Open Market Committee (FOMC) just wrapped up its July meeting, and as expected, it left interest rates unchanged. The target range . . .
Posted on 7/29/20
Kennedy Funding Closes $750,000 Land Loan in Southwest Florida
Securing a land loan is difficult enough without a global pandemic curtailing lending activity. Despite these two major obstacles, Kennedy Funding continues to successfully close land . . .
Posted on 7/28/20
2020’s States with the Highest & Lowest Credit Card Debt – WalletHub Study
With Americans starting 2020 off over $1 trillion in credit-card debt and projected to have a net increase of $80 billion this year due in part . . .
Posted on 7/23/20
Cheney Brothers Announces Partnership Investment from Clayton, Dubilier & Rice
Cheney Bros., Inc. and Clayton, Dubilier & Rice today announced the closing of an investment by CD&R-managed funds in Cheney Brothers, a leading family-owned & operated . . .
Posted on 7/21/20
Comvest Credit Partners Invests In Seven Seas Water
Comvest Credit Partners has acted as Co-Lead Arranger and Lender in providing a Senior Credit Facility to Seven Seas Water, a developer, owner and operator of . . .
Posted on 7/15/20
States Where People Need Loans the Most – WalletHub Study
With the U.S. unemployment rate slowly improving but still at 11% due to COVID-19, WalletHub today released updated rankings for the States Where People Need Loans . . .
Posted on 7/13/20
Greystone Provides $30 Million in HUD-Insured Construction Financing for Multifamily Project in Yulee, Florida
NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $30 million HUD-insured construction . . .
Posted on 7/8/20
Comvest Credit Partners Invests In Altruista Health
WEST PALM BEACH, Fla., July 08, 2020 (GLOBE NEWSWIRE) -- Comvest Credit Partners has acted as Administrative Agent and Lender in providing a $41.6 million Senior . . .
Posted on 6/30/20
Tech Data Plans to Invest Approximately $750M
With its acquisition by funds managed by affiliates of Apollo Global Management now complete,Tech Data
Posted on 6/18/20
BRP Group Upsizes Senior Revolving Credit Facility to $400 Million
TAMPA, Fla., June 18, 2020 (GLOBE NEWSWIRE) -- BRP Group, Inc. (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced . . .
Posted on 6/4/20
Sverica Capital Management Announces Investment in Coastal Cloud
SAN FRANCISCO--(BUSINESS WIRE)--Sverica Capital Management LP, a private equity investment firm, announced today that Sverica and Salesforce Ventures have made a strategic investment in Coastal Cloud . . .
Posted on 6/3/20
Concord Summit Capital Launches COVID-19 Debt Assistance Division for Real Estate Property Owners
Concord Summit Capital, LLC is now utilizing its financial advisory platform to help renegotiate and provide creative debt and equity solutions for its commercial real estate . . .
Posted on 6/2/20
H.I.G. Capital Completes Growth Investment in USALCO
H.I.G. Capital, a leading global private equity investment firm with $37 billion of equity capital under management, is pleased to announce that one of its affiliates . . .
Posted on 6/1/20
Joel Stevens to Head Bernstein Private Wealth Management’s Tampa Office
TAMPA, Fla.--(BUSINESS WIRE)--Bernstein Private Wealth Management (Bernstein), a unit of AllianceBernstein L.P. (AB), announced today that Joel Stevens has returned to Tampa to lead its regional . . .
Posted on 6/1/20
States That Need the Most Financial Help Due to COVID-19 – WalletHub Study
With states losing massive amounts of tax revenue while still having to support their residents during the coronavirus pandemic, the personal-finance website WalletHub today released its . . .
Posted on 6/1/20
NCL Closes $400 Million Investment by L Catterton
MIAMI, May 28, 2020 (GLOBE NEWSWIRE) -- NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) , announced today that it closed . . .
Posted on 5/27/20
SC&H Capital Announces Joint Venture with Healthcare Management Partners and I3 Healthcare Consulting
SC&H Capital, a leading investment banking and advisory firm, announced today it has entered into a joint venture with two healthcare consulting firms, Healthcare Management Partners . . .
Posted on 5/27/20
States Where People Need Loans the Most Due to the Coronavirus Pandemic – WalletHub Study
With nearly 39 million Americans becoming jobless during the coronavirus pandemic and 44 percent of Americans expecting to go into more debt because of the crisis, . . .
Posted on 5/6/20
87 Million Americans Are Worried About Their Credit Scores Due to the Coronavirus – WalletHub
About 87 million Americans are worried about their credit scores due to the COVID-19 pandemic, according to WalletHub’s nationally representative Coronavirus and Credit Score Survey, released . . .
Posted on 4/28/20
FIS Accelerates Innovation with $150 Million of New Capital
ACKSONVILLE, Fla.--(BUSINESS WIRE)--Financial technology leader FIS (NYSE: FIS) announced today that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort . . .
Posted on 4/24/20
Banks Rake In $10B in Fees in Phase 1 of PPP
Banks brought in a whopping $10 billion in fees from the government's $350 billion emergency lending small business Paycheck Protection Program (PPP), according to an analysis . . .
Posted on 4/8/20
States Where People Need Loans the Most Due to Coronavirus Pandemic – WalletHub Study
The coronavirus pandemic has deeply disrupted the U.S. economy, which in turn has hurt the incomes of many Americans. Businesses have been forced to lay off . . .
Posted on 3/31/20
BBX Capital Corporation Provides Business Update
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) is providing information on the impact of the COVID-19 pandemic on certain of its businesses and . . .
Posted on 3/30/20
Palm Beach Capital Announces Investment in Allen Brothers Wholesale Distributors
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Palm Beach Capital Fund III, L.P., through one of its investment entities, today announced that it made an investment in Allen Brothers . . .
Posted on 3/25/20
2020’s Cities with the Most Overleveraged Mortgage Debtors – WalletHub Study
Buying a home represents an important milestone for most consumers. But for those who dive in to the deep end of real estate without a financial . . .
South Florida
