H.I.G. Capital has selected Jeff Wiseman as the newest managing director & head of U.S. real estate debt for its real estate investment affiliate, H.I.G. Realty Partners. Wiseman will be based in the firm's New York City office. He brings more than 20 years of experience in originating, structuring and
See Original Article
Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to
See Original Article
With limited access to official foreign exchange markets, Venezuelans rely on a number of artifices to get a sense of what their money is worth — from websites that track the rate to dollar auctions on WhatsApp groups and cryptocurrency exchanges. Amid skyrocketing inflation and a massive depreciation
See Original Article
Real estate experts have a generally positive outlook about the Baton Rouge area real estate market in 2018, as job growth continuesâalbeit slowlyâand the economy remains relatively strong. But they're keeping a close on eye on several sectors, particularly the multifamily market, which has seen a
See Original Article
NEW YORK (IFR) – The US Senate on Wednesday invalidated Obama-era guidance aimed at preventing auto lenders from charging borrowers higher … “An ill-advised Obama-era auto-lending rule issued by the CFPB missed the mark on both process and substance,” Republican Senator Jerry Moran,
See Original Article
Dubai. Dubai Investments is awaiting regulatory approval for a âreal estate investment trustâ (Reit) that would have an initial asset size of Dh3 billion. The company will provide up to 40 per cent and the rest of it through investor-partners. âOur asset base will cover everything from health care to industrial
See Original Article
Mortgage activity picked up last week, according to the Mortgage Bankers Association (MBA). For the week ending April 13, MBA's adjusted composite applications index rose 4.9 percent over the prior week. The refinance index was up 4 percent, and the seasonally adjusted purchase index increased
See Original Article
… may be worth considering for your portfolio. One such stock is Mediclinic International (LSE: MDC). The £4.6bn market cap healthcare provider has released a full-year trading update today and its shares have jumped 5%. Let's take a closer look at the company to see if the shares are worth buying.
See Original Article
The 2007 ULI/PwC Emerging Trends in Real Estate report said of Dallas: “Wide-open Texas markets favor developers, but 'they are never good places to invest.'” Ten years later, the groups are singing a different tune. Dallas Fort-Worth “is rapidly approaching the level where it is considered as a core
See Original Article
Russia's attempts to ban access to the Telegram messaging service threaten to drag U.S. tech giants including Alphabet Inc. and Amazon.com Inc. into the war with founder Pavel Durov as he turns to proxy servers to bypass the blocking measures. Russian communications regulator Roskomnadzor has
See Original Article
Farmers helped carry President Donald Trump to White House. But as the former businessman threatens to unleash a global trade war, the same farmers are now forced to come to terms with how up to $150 billion in proposed tariffs on Chinese goods, and subsequent backlash from the Middle
See Original Article
George H.W. Bush has issued the first public statement on the loss of his wife Barbara Bush, who passed away Tuesday night at the age of 92. âI always knew Barbara was the most beloved woman in the world, and in fact I used to tease her that I had a complex about that fact. But the truth is the
See Original Article
The spring home-selling season has arrived, giving a much needed boost to the mortgage market. Mortgage applications surged 4.9% from the previous week, according to the Mortgage Bankers Association's (MBA) seasonally adjusted index. Purchase and refinance applications both rose in the week
See Original Article
GORGEOUS CANAL HOME at 311 Mustang Blvd. in Island Moorings with bay boat and kayak lifts and dock. 3/3/2 one story with huge covered patio. Quartzite cook's kitchen. Great water views! Reduced to $724,000. 3D virtual tour at 311MustangBlvd.com. Call Barbara Thrasher, Coldwell Banker Island
See Original Article
Morgan Stanley is entering China's rental housing market for the first time by engaging in a $100 million fundraising round for a Chinese rental apartment operator. The investment by the 83-year-old US investment bank follows similar deals by compatriots including Warburg Pincus, as well as by local
See Original Article
There was a time in our financial lives when we blindly trusted banks, then we became adults and started to see how banks made their money. Then we watched the movie The Big Short, then we started reading articles about how banks were profiting off shady fees attached to our accounts.
See Original Article
The underlying fundamentals of banking is quite strong,” said Nicholas Colas, co-founder of DataTrek Research. The industry got a huge boost from the Republican tax law. Banks traditionally pay high tax rates, making them among the biggest winners from the corporate tax rate falling from 35% to 21%.
See Original Article
An advocacy group made up of bank workers and community and consumer advocates has slammed the acting director of the Consumer Financial Protection Bureau for cutting back on the agency's regulatory enforcement. The CFPB has not taken a single enforcement action since Acting Director Mick
See Original Article
Banking royal commission: CBA official agrees it deserves gold medal for charging for advice never given … A COMMONWEALTH Bank executive has admitted the bank would win gold if medals were awarded for ripping off customers by charging them fees for financial advice that was never given.
See Original Article
NEW YORK, April 18, 2018 /PRNewswire/ — Latham & Watkins LLP1 is pleased to announce that Michael Haas has joined the firm's New York office as a partner in the Finance Department and member of the Real Estate Practice. Haas represents clients on complex real estate transactions, including
See Original Article