The acquisition was made for a HighBrook-led investor group including Monitor Capital Investments and several Dutch single-family offices.
CRE Herald
Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives.
Already s subscriber? Log in to unlock this content
Update: This story has been revised to include a current expected closing time frame for Future Financial Bankshares’ acquisition of Commercial State Bank. Processing Content Key insight: After forming last year, Future Financial is on the verge of acquiring its first community bank. Founder Jeff Kesler says he expects to make additional deals for small…
investingLive European news wrap: Risk sentiment improves as oil falls and bonds rise !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Newmark has hired Susan Machtiger, a recognized expert in advising some of the largest companies in the world, as Executive Chairman, Newmark Consulting. In her role, Machtiger will work in close partnership with Dr. Yasmeen Coning to lead the consulting practice’s continued expansion into business strategy, people, purpose, place and brand, bringing these disciplines together…
Stablecoin consortia may be ‘interim’ step to solo bank issuance – Risk.net Skip to main content Close navigation menu End of drawer navigation content Former Citi payments head and Ubyx founder says all G-Sibs will issue their own coins Bank-led consortia for the development and issuance of stablecoins may be an “interim stage” on the…
The Palo Seco PREPA power plant. The executive director of PREPA resigned at the governor’s request. Bloomberg News The executive director of the Puerto Rico Electric Power Authority resigned Thursday reportedly as a result of a disagreement on policy with the governor. Processing Content Puerto Rico Gov. Jenniffer González Colón was unhappy that Mary Carmen Zapata…
A few months ago, Crowdfund Capital Advisors (CCA) submitted a petition to the Securities and Exchange Commission (SEC) to increase the Reg CF [Regulation Crowdfunding] funding cap from $5 million to $20 million. In general, industry insiders support the move, viewing it as more closely aligned with Seed-stage funding rounds in the US. At the…