Implied Liquidity – The Metric That Actually Measures An ETF

A business partner involved with the owner of the SoJo Spa Club in New Jersey signed mortgage documents tied to the sale of a West Village building, according to property records. While it’s unclear if Eun Rae Jo is involved in the $25 million purchase of 7 Cornelia Street, the involvement of Hyun Jun An,…

A joint venture between Centerbridge Partners and Henderson Group has landed a $208.5 million debt package to recapitalize 40 industrial assets in Pennsylvania and South Florida, Commercial Observer has learned. J.P. Morgan Chase supplied the five-year, floating-rate loan on the sponsorship’s logistics portfolio comprising 2.3 million square feet and featuring a mix of last-mile warehouses,…

Key insight: A single borrower obtained fraudulent commercial loans from bank after bank for nearly a decade, using companies he controlled and false equipment-purchase applications. What’s at stake: The case shows how commercial-loan underwriting can be gamed repeatedly across institutions; U.S. Bank alone is owed about $5.6 million. Supporting data: Restitution totals $19,414,187.15 across six…

I wish I could have gotten in early on that company. With AI company valuations acting like rocketships, it’s easy to play the “what if” game. The reality is the process isn’t as simple as writing a check and watching your money multiply many times over. (Even if it might seem that way.) Take Anthropic….

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.27%.  September E-mini S&P futures (ESU26) fell -0.35%, and September E-mini Nasdaq futures (NQU26) rose +0.19%.  Stock indexes settled mixed on Wednesday, with the Nasdaq recovering from a 3.5-week…