Category Archives

2 Articles

Business/Loan Repayment

Assisting Investors at Equities First Holdings

Posted by ACioe1 on

Equities First Holding is one of the best companies that contribute in helping investors with their stock-based solutions. Through helping investors the company is able to develop and also make investors be successful. In order for other investors to attain the company service, the organization was able to expand their business to other parts of the world. Equities First Holding main office is located in Indianapolis, Indiana and read full article.

Equities First Holding also has been able to assist investors through supporting them in giving them small capital that will enable them to advance. Furthermore, the organization accomplished a lot when they closed a deal of over 1000 whereby they attained $1.4 billion. The achievement is due to the commitment and the effort that the staff members always show when working. Also in order for the organization to provide better services, they ensure that they partner with other organization so they provide better services to the investors. The success of the organization is also due to the better management that it has because it makes the daily activities in the organization run smoothly and what Equities First Holdings knows.

Equities First Holding also ensures that their staff members are well behaved so they have values which the staff members always abide. Some of them include staff member should always respect one another and create a better relationship between them and all staff members must serve the clients first before attending to another task. Lastly, the organization main objective is to help investors with their problems in order for them to be successful and Equities First Holdings lacrosse camp.

Other reference: https://bloghelpline.com/notable-achievements-equities-first-holdings-llc/

Loan Repayment

Devco’s Contribution to Development

Posted by ACioe1 on

 

In January, the Improvement Authority of Middlesex County failed to repay principal and interest amounting to $1 million on a loan of $20 million that it had received from Casino Reinvestment Development Authority. The loan was part of $107 million in financing that was put together in order to construct The Heldrich, which is a New Brunswick’s conference center and hotel. The package comprised of a $70 million in municipal bonds provided by Middlesex County Improvement Authority. The bonds are expected to be repaid with the hotel’s revenue.

Senior bonds holders have already been repaid $30 million with a 5 percent interest. The subordinate bondholders are yet to receive payments. Meanwhile, Improvement Authority of Atlantic County is preparing to issue about $120 million in bonds by May. These amount is expected to cater for the Gateway project. Stockton University satellite campus is also to be funded using these bonds, and it will be repaid through revenues from dorm room and tax credits sale.

According to an article written on Press of Atlantic City; http://www.pressofatlanticcity.com/news/breaking/unpaid-million-crda-loan-raises-questions-about-new-brunswick-devco/article_a03318e2-dcdb-11e5-a563-67611bc7b7bc.html, the CRDA loan is secured and will only be paid from the available project revenues once senior lien bond holders are paid. Maria Prato, who is spokeswoman of Improvement Authority, said that they were optimistic that the project’s economics will keep on improving on a simultaneous path with the general economy.

About Devco

The New Brunswick Development Corporation, popularly referred to as Devco, is a nonprofit development company usually involved in urban real estate. It was founded in the mid 1970’s with an aim of serving as a catalyst for the revitalization of the city. DEVCO has assisted the city to achieve an outstanding renaissance, and the New York Times recognized it as a powerful engine in the economic growth.

Since its inception, the firm has overseen almost $1.6 billion of New Brunswick investment. Currently, even in the most challenging times in the history of our country, redevelopment in the city continues to be robust owing to DEVCO’s unique redevelopment approach.