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Big Lots announced that it does not anticipate completing its previously announced asset purchase agreement with Nexus Capital Management, though it continues to work toward completing an alternative going concern transaction with Nexus or another... Read Story

Filed Under: Retail
December 20, 2024 @ 08:17 AM

BHI, the U.S Branch of Bank Hapoalim, B.M., appointed Dana Zeller as Chief Operating Officer. Zeller will report directly to CEO, Gil Karni, and join the BHI Senior Management Team.  Zeller will have oversight across all facets of BHI from Operations... Read Story

December 20, 2024 @ 08:16 AM

KKR released its 2025 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).McVey and his team retain a Glass Half Full mentality heading into 2025, though they believe the bar is now... Read Story

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December 20, 2024 @ 08:15 AM

The Commercial Finance division of Pathward announced a $15 million asset-based revolving line of credit to a transportation parts distributor headquartered in Virginia. The company needed a lender that could provide an increase in liquidity and... Read Story

December 20, 2024 @ 08:12 AM

Cohn & Dussi announced that five of its attorneys have been recognized as Top Lawyers by Boston magazine for 2024. This prestigious accolade is a testament to the firm's commitment to excellence and the outstanding expertise of its attorneys.The... Read Story

Filed Under: Industry News
December 20, 2024 @ 08:00 AM

Briar Capital Real Estate Fund closed new $10.8MM commercial real estate loan to a 30+ year old industrial tool supplier in Georgia.  The business was referred to Briar Capital by the company’s asset-based working capital lender after they learned... Read Story

Filed Under: Real Estate
December 20, 2024 @ 07:34 AM

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services , a provider of white glove Managed IT Services and Revenue Cycle Management... Read Story

Filed Under: Technology
December 20, 2024 @ 07:00 AM

MONTICELLOAM (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised... Read Story

Filed Under: Nursing Facilities
December 19, 2024 @ 08:15 AM

As The Federal Reserve cuts interest rates again, lenders expect further interest rate reductions and have concerns with retail and consumer sectors.  Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the “Lending... Read Story

Filed Under: Industry News
December 19, 2024 @ 08:10 AM

BlackRock released its annual Private Markets Outlook mapping out how the sector, spanning geographies and asset classes, will evolve in the year ahead. Covering trends in private debt, infrastructure, private equity and real estate, the report helps... Read Story

Filed Under: Private Equity
December 19, 2024 @ 08:07 AM