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Fairfax financial to buy majority of pacwest loans sold to kennedy-wilson

Canadian insurer Fairfax Financial Partners said on Monday it had agreed to buy a huge chunk of PacWest Bancorp real estate...

June 5, 2023, 1:36 pm

Jpmorgan (jpm) expects economic slowdown to weigh on loan demand

JPMorgan's (JPM) president, Daniel Pinto, believes that loan demand is declining, and the firm's IB and...

June 5, 2023, 11:40 am

Park hotels & resorts inc. announces cessation of payment on $725 million non-recourse cmbs loan secured by two of its san francisco hotels

TYSONS, Va., June 05, 2023 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting ...

June 5, 2023, 10:30 am

Kennedy-wilson lines up fairfax financial as co-buyer of pacwest loan portfolio

Kennedy-Wilson Holdings Inc. KW, +5.33% said it inked an agreement to include Canada's Fairfax Financial Holdings Ltd. FFH, +1.79% in a previously-ann...

June 5, 2023, 8:51 am

Park hotels & resorts makes ‘difficult, but necessary' decision stop payments on san francisco cmbs loan

Shares of Park Hotels & Resorts Inc. PK, +5.77% fell 0.7% in premarket trading Monday after the lodging real estate investment trust (REIT) said it ma...

June 5, 2023, 7:04 am

Here's how sofi values loans in its portfolio

The accounting decision plays an important role for SoFi stock investors....

June 5, 2023, 4:15 am

Boston properties: is the 8% dividend yield worth the risk in today's office market?

Boston Properties offers a well-covered 7.7% dividend yield but faces industry challenges such as remote work trends and mounting...

June 5, 2023, 2:27 am

Jp morgan's pinto says fed to hike towards 5.5%, see a us recession

JPMorgan's President and Chief Operating Officer Daniel Pinto spoke on Friday ICYMI.Said lending is slowing due to both supply and demand issues: "The...

June 5, 2023, 12:01 am

Hancock whitney: attractive, but with a catch

Hancock Whitney Corporation has experienced a decline in shares totaling 20.5% year to date due to concerns regarding the banking industry. The compan...

June 4, 2023, 10:36 am

The 5 best small business grants in texas

Small business grants can help your business to train employees, refurbish, or expand. Grants are not the only source of money, so you might also cons...

June 4, 2023, 9:44 am

Cef weekly review: why are investors souring on loan cefs?

We review CEF market valuation and performance through the fourth week of May and highlight recent market action. CEFs had another down week - the fou...

June 4, 2023, 8:17 am

5 reasons deutsche bank should be in your portfolio of bank stocks

Deutsche Bank is considered a strong buy based on its undervalued P/B ratio, healthy capital position, competitive dividend yield, diversified revenue...

June 4, 2023, 2:21 am

Growing your business: use these steps to secure your small business loan

Tricks and tips on how to get the best possible loan for a small business and how to channel that...

June 3, 2023, 3:59 pm

Sofi strikes back with a punishing blow

SoFi investors celebrated the battering of bearish investors as SOFI surged almost 65% from its May lows. CEO Anthony Noto reassured investors that So...

June 3, 2023, 8:02 am

Pacwest bancorp should make it

PacWest Bancorp experienced extreme volatility in May but has shown positive progress since my previous BUY recommendation. PACW sold a real estate...

June 3, 2023, 7:27 am

Why sofi holds instead of selling loans

The decision has a lot to do with market demand for lending....

June 3, 2023, 4:00 am

More than $15m in sba loans available to wny victims of december blizzard

The low-interest loans include $13.5 million for residents, nearly $2 million for businesses, and more ...

June 3, 2023, 12:59 am

Rising interest rates pinch small-business borrowers

The average prime rate, or the rate banks set as a reference for customer loans, was 4%. The prime rate...

June 2, 2023, 6:14 pm

Why carvana stock ripped 38% higher this week

Carvana's loan securitizations got upgraded by S&P Global this week. It launched a national advertising...

June 2, 2023, 5:23 pm

Revenue growth supports sallie mae (slm) amid high costs

Strategic buyouts, rising NII and loan growth to aid Sallie Mae's (SLM) revenues in the upcoming period...

June 2, 2023, 2:24 pm


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