242nd birthday of the Navy

Atlantic Diving Supply (ADS Inc) Incorporated’s relationship with the Navy goes back 20 years. ADS was founded to correct equipment and logistical problems faced by Navy SEALS.

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Trends Shaping the Commercial Real Estate Sector and the Top Movers

A new report released by the Commercial Observer lists 50 most important individuals and companies in the US commercial real estate finance sector. Topping the list is the Chief Lending Officer at Bank of China, Raymond Qiao; The Group Head of Well Fargo Multifamily Capital, Alan Wiener and Matt Borstein and Ed Adler, the respective Head of Global Commercial Real Estate and Head of US Origination at Deutsche Bank. The other names include that of Michael Nash, Steven Mnuchin, Andrew Farkas and Ralph Herzka. Raymond Qiao heads one of the biggest banks from China shaping the real estate sector in the US. Under his watch, the Bank of China along with 5 other lenders took down $1.5 billion in construction loans for SL-Green Realty Corporation. The other real estate entities that have received loans from Bank of China include Loeb Partners, George Comfort & Sons and Jamestown.

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The Shopping Innovation

Integrating advanced and more varied options for food, fashion, leisure, and entertainment, Malls are able to combat the technologically benefits of shopping from home with the real-life involvement of a genuinely good time. This is touted by its CEO, Peter Lowy as a key differentiation from its competition…

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What Will Happen to San Diego Real Estate in 2017?

For those who have owned real estate anywhere in the San Diego area, prices have been ascending quite nicely. While older California neighborhoods are gentrifying to the point that recent purchases lead many to overbuy (paying more than the home is worth), those in the San Diego area have been able to purchase growing assets at fair market prices. But that is the past. The question on many investors’ minds is, what does the future...

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Magento Commerce’s $250 Million Venture Backing

Magento Commerce, the Ecommerce platform, now has an impressive $250 million in new funding from Hillhouse, a Chinese investment firm. Hillhouse, one of China’s biggest investors, is led by chairman Zhang Lei, an early backer of Chinese Internet giant Tencent. Hillhouse started out 11 years ago with $20 million in funding from the Yale University Endowment. The cash infusion brings Magento’s valuation to $700 million, according to...

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Silver Run Acquisition Corporation Announces Completion of New Acquisition

The announcement Silver Run released on June 22nd of this year to acquire Centennial Resource Production (CRP) is complete and finalized. Riverstone agreed the following month to assign its rights to buy controlling interest in the company to Silver Run Acquisition. According to the definitive agreement, Silver Run assumed responsibilities to purchase an estimated 89 percent interest on behalf of Riverstone. At the time of the agreement, the...

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