First Horizon, Nations Lending, Planet announce leadership moves

Alternative asset manager Balbec Capital LP has raised nearly a billion dollars for its latest debt fund as commercial real estate increasingly turns to private credit.  New York skyline Balbec reached its first closing with $930M in commitments for its IGCF-VII fund, according to a U.S. Securities and Exchange Commission filing. The fund will target commercial and residential…

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Substack isn’t just for writers anymore. It’s also for influencer marketers. The newsletter platform has become an increasingly important social media tool for brands looking to find creators to work with and to reach potential customers. “Substack is one of the most exciting channels out there right now,” said Anna Doré, Rothy’s vice president of…

The resurgence of the 4% home loan presents an attractive opportunity for purchasers, though its implications for other market participants warrant careful consideration. According to recent analysis by Realtor.com, approximately one in seven new-construction listings promoted reduced interest rates in August, with an average advertised rate of approximately 3.92%. In contrast, the prevailing 30-year fixed…

Nathan Nicholson was the top salesperson at his company but had very little to show for it. His retirement fund? It wasn’t doing anything for him today, so he did something most would call “crazy”: he cashed it out. And it was the best move he could’ve made, as it’s helped him buy 23 rental…