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20.06.25 - 15:03
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Oak Row Equities Secures $210.5 Million Construction Financing for 2900 Terrace in Miami′s Edgewater Neighborhood (Business Wire)
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Ultra-Luxury Multifamily Tower to Break Ground ImminentlyMIAMI--(BUSINESS WIRE)--Oak Row Equities, a dynamic vertically-integrated real estate private equity and development company with over $3.9 billion of development in South Florida, today announced the successful closing of $210.5 million in construction financing for 2900 Terrace. This significant milestone paves the way for the groundbreaking of the premier luxury multi-family tower in Miami's Edgewater neighborhood. The financing package includes a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan from Canyon Partners Real Estate LLC. JLL represented the borrower, arranging both loans. With full project financing now in place, construction will commence immediately with delivery anticipated in Q4 2027.
“We are proud to have successfully closed both the debt and equity capitalization for this transformative project,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “This development is the re...
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16.04.25 - 22:09
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Bank OZK Announces First Quarter 2025 Earnings (GlobeNewswire EN)
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LITTLE ROCK, Ark., April 16, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the first quarter of 2025 was $167.9 million, a 2.1% decrease from $171.5 million for the first quarter of 2024. Diluted earnings per common share for the first quarter of 2025 were $1.47, a 2.6% decrease from $1.51 for the first quarter of 2024....
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10.04.25 - 23:48
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XFRA: DIVIDEND/INTEREST INFORMATION - 14.04.2025 - US06417N1037 (XETRA)
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Das Instrument BO8 US06417N1037 BANK OZK DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 11.04.2025 und ex Dividende/Zinsen am 14.04.2025
The instrument BO8 US06417N1037 BANK OZK DL-,01 EQUITY has its pre-dividend/interest day on 11.04.2025 and its ex-dividend/interest day on 14.04.2025...
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27.03.25 - 14:00
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Access Point Financial Participates in $75 Million Mezzanine Financing for Pendry Hotel & Residences in Nashville, Tenn. (Business Wire)
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ATLANTA--(BUSINESS WIRE)--Officials of Access Point Financial (APF), a direct capital provider focused exclusively on the hospitality industry, today announced the company has participated in providing $75 million in mezzanine financing for the 30-story Pendry Hotel & Residences in Nashville, Tenn. The loan bridged the gap between the Bank OZK first mortgage and the sponsor's equity to facilitate construction. APF acted as the hotel-specific capital provider to NYC-based private equity group, InterVest Capital Partners, of which APF is a portfolio company.
“In conjunction with our colleagues at OZK, developer SomeraRoad and hoteliers Montage/Pendry Hotels and Resorts, APF and InterVest are privileged to be a part of this iconic, multi-million-dollar project,” said Dana Tsakanikas, CIO, APF. “APF has been one of the only hotel-specific capital providers consistently delivering on capital solutions for the hospitality industry in the past five years.”
Developed by SomeraRoad, the $370 million proje...
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