Prudential Mortgage Capital closes loans worth $94 million on 17 industrial properties in Southern California

by admin on February 23, 2011

Prudential Mortgage Capital closes loans worth $94 million on 17 industrial properties in Southern California
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Mortgage Capital Company today announced that it closed loans worth $94 million on 17 industrial properties in Southern California on behalf of the joint venture between Majestic Realty Co. and a subsidiary of the Principal Financial Group. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE …

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SBA offers commercial loan refinancing

by admin on February 21, 2011

SBA offers commercial loan refinancing
Worried about a balloon payment coming due on your commercial mortgage? The Small Business Administration may be able to help. The SBA announced a new temporary 504 loan program today to help small businesses facing maturity of commercial mortgages or balloon payments through refinancing.

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Mercer County warns residents against tax refund scams

February 18, 2011

Mercer County warns residents against tax refund scams
“Fast refund isn’t free,” Mercer County Consumer Affairs warns.
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Fitch Affirms Morgan Stanley 2007-XLC1

February 16, 2011

Fitch Affirms Morgan Stanley 2007-XLC1
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed all eight rated classes of Morgan Stanley 2007-XLC1, Ltd. and Morgan Stanley 2007-XLC1, LLC, (Morgan Stanley 2007-XLC1) reflecting Fitch’s base case loss expectation of 26.8% compared to 30.2% at last review. Fitch’s performance expectation incorporates prospective views regarding commercial real estate market values and cash [...]

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GE Capital supports eBioscience with $55 million in senior secured credit facilities

February 13, 2011

GE Capital supports eBioscience with $55 million in senior secured credit facilities
GE Capital, Healthcare Financial Services announced today that it is agent and a lender for $55 million in senior secured credit facilities for eBioscience, Inc. The credit facilities will be used to finance the company’s repurchase of certain shares from early investors, refinance existing [...]

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Pandas lead the way in promoting cross-border links

February 11, 2011

Pandas lead the way in promoting cross-border links
WHEN the Royal Zoological Society of Scotland (RZSS) secured the loan of two giant pandas for Edinburgh Zoo, it triggered headlines around the world.
Read more on The Scotsman: Business

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Synchronica PLC – Loan Agreement

February 8, 2011

Synchronica PLC – Loan Agreement
Synchronica PLC – Loan Agreement
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

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Synchronica PLC – Loan Agreement

February 8, 2011

Synchronica PLC – Loan Agreement
Synchronica PLC – Loan Agreement
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

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Spectrum Brands Completes Refinancing of $680 Million Senior Secured Term Loan at Lower Interest Rate

February 6, 2011

Spectrum Brands Completes Refinancing of $680 Million Senior Secured Term Loan at Lower Interest Rate
MADISON, Wis.–(BUSINESS WIRE)–Spectrum Brands Holdings, Inc. (“SBH”)(NYSE: SPB) and Spectrum Brands, Inc. (“SBI”, and, together with SBH, the “Company”) announced today they have completed the refinancing of SBI’s existing $680 million Senior Secured Term Loan at a lower interest rate, reflecting [...]

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Proposed Film Studio In South Windsor Is Approved For $5M Bank Loan

February 3, 2011

Proposed Film Studio In South Windsor Is Approved For $5M Bank Loan
SOUTH WINDSOR — The developers of a proposed $50 million film studio complex to be built in the town’s I-291 gateway development zone have received approval for $5 million in private financing to move the project forward.
Read more on Hartford Courant

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