Friday , February 22 2019
Home / Tag Archives: Million

Tag Archives: Million

New York Mortgage Trust Reports Fourth Quarter 2018 Results

NEW YORK, Feb. 21, 2019 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and twelve months ended December 31, 2018. Summary of Fourth Quarter 2018: Earned net income attributable to common stockholders of $3.7 million, or …

Read More »

Court allows Raila’s company to be auctioned

A Mombasa Court on Wednesday allowed a debtor to auction assets belonging to Spectre International – a company owned by the family of ODM Leader Raila Odinga. The auction will help Beatric Kenya Ltd to recover a Sh7. 7 million debt which includes interest from Sh7.3 million worth of fuel …

Read More »

Starwood Capital, LeFrak Sell Miami Hotel for $610M

Oceanview King Room at 1 Hotel South Beach Starwood Capital Group and LeFrak have sold 1 Hotel South Beach, a 429-key luxury hotel property in Miami Beach, Fla., to Host Hotels Resorts in a transaction valued at $610 million, or approximately $1.4 million per key. 1 Hotel South Beach last …

Read More »

James E. Wagner Cultivation Announces Additional $5 Million Loan Agreement and Proposed Loan Bonus to Fund Construction at Its Second Facility

KITCHENER, Ontario, Feb. 21, 2019 (GLOBE NEWSWIRE) — James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSXV: JWCA), is pleased to announce that it has entered into a loan agreement dated February 20, 2019 (the “Loan Agreement”), for an amount of CDN$5 million (the “Loan”) with Ball Construction Ltd. …

Read More »

Troubled loan backing Lever House sees $68M in losses

The debt on the iconic Lever House at 390 Park Avenue has sold at a $68 million loss. An entity tied to Ramsfield Hospitality Finance paid $12.8 million for the commercial-mortgage backed securities loan on the property, the New York Post reported. The debt, which originally carried a balance of …

Read More »