Park Ohio Holdings CLO Vilsack sells $207,112 in common stock

Launched in 2022 as a wholly owned subsidiary of Fifth Third Bank, Fifth Third Wealth Advisors has grown to $7.8 billion in assets under management. The RIA’s clientele tends toward the ultra-high-net-worth bracket, with average household assets of about $9 million, according to Chris Osmond, the firm’s CIO. That gives Fifth Third advisors more room…

Finance of America is expanding its second-lien reverse mortgage product into four new markets to meet increased demand, it announced in a press release Tuesday. Processing Content HomeSafe Second added Louisiana, Rhode Island, Missouri and Washington, D.C. to the states it was already available in: Arizona, California, Colorado, Connecticut, Florida, Illinois, Indiana, Michigan, Montana, Nevada,…

In an effort to boost the U.S. housing supply, banking giant JPMorgan Chase said it will invest $750 billion toward that goal through 2035. The investment includes financing for 1 million affordable housing units and assisting 500,000 people in buying homes, the bank said. “An affordable and resilient housing market is essential to driving economic…

The fund is targeting €500 million of equity capital and has already launched three light industrial aggregation strategies across Sweden and Finland. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already s subscriber?  Log in to unlock this content…

This year has been a challenging one for Wall Street, but that hasn’t seemed to slow the market down. Despite oil price shocks, surging bond yields, and AI safety concerns, the S&P 500 (^GSPC -0.25%) has surged by more than 21% over the past six months. The tech-focused Nasdaq Composite (^IXIC +0.24%) has fared even…