News

America First Multifamily Investors terminated all of its outstanding debt financing arrangements with Deutsche Bank and entered into five variable rate tender option bond (TOB) trust financings with Mizuho Capital Markets.

J.Crew Group received approval for all first day motions related to its Chapter 11 restructuring, including access to the $400 million debtor-in-possession financing facility provided by Anchorage Capital Group, GSO Capital Partners and Davidson Kempner Capital Management.

Total commercial chapter 11 filings rose 26% in April 2020 compared with April 2019, according to data provided by Epiq Systems.

Fundamental Advisors formed a strategic partnership with Scribner Capital. The partnership will focus on joint venture equity deals with experienced owners, operators and developers, as well as preferred equity and mezzanine debt.

Cadence Bancorporation was named a 2020 Winning “W” company by the 2020 Women on Boards advocacy campaign for having women form at least 20% of its board of directors.

Gordon Brothers released an article providing a perspective on the economic impacts of the coronavirus pandemic. The article was written by Alex Sutton, managing director and head of research at Gordon Brothers.

InterNex Capital surpassed $500 million in client fundings after launching to the market a little more than three years ago.

Koch Real Estate Investments will provide $206.4 million in senior secured financing to Ladder Capital as part of a strategic financing arrangement. Ladder Capital also completed a private CLO with Goldman Sachs Bank, which generated $310.2 million of gross proceeds...

Succession Resource Group launched LendingWell, a free online platform that matches advisors with lenders for buy-outs, buy-ins, working capital, refinancing, commercial real estate, start-up and recruiting needs.

Biz2Credit’s funding affiliate was approved as a lender for the SBA Paycheck Protection Program established under the CARES Act. This makes Biz2Credit a fintech approved by the SBA as a non-bank lender under the PPP.