Wednesday, May 8, 2024

Google Alert - secured loans

Google
secured loans
As-it-happens update May 8, 2024
NEWS
... loans secured by commercial real estate that may have lost value. While falling CRE valuations have been cited as a potentially critical risk to ...
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... secured loans of which 97.8% is held in first lien senior secured loans. Second lien ABL exposure is 1.2% and second lien cash flow exposure is ...
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... secured debt from a third party financing ... loans. Uptiering ... loans at a discount to the borrower in exchange for their existing loans.
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Galveston's first new condominium project in 15 years is closer to starting construction after developer Satya Inc. has secured a construction loan.
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Includes investments in PennantPark Senior Secured Loan Fund I LLC, or PSSL, an unconsolidated joint venture, totaling $263.2 million, at fair value.
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