Tag Archives: real estate

Essex County man sentenced to 108 months in prison for mortgage and securities fraud schemes | USAO-NJ

NEWARK, NJ – An Essex County, New Jersey man was sentenced today to 108 months in prison for conspiring to obtain mortgages to finance the sale of properties to unqualified buyers, fraud in securities by tricking a victim into investing more than $1.2 million in real estate businesses under false …

Read More »

NJ attracts $5.5 billion in venture capital in 2021; Princeton Launches Regional I-Corps Program; Coviello Promoted – NJ Tech Weekly

March 8, 2022 Esther Surden EDA or NJ Gov programs, entrepreneurship, government or politics, Innovation, investors, News, NJ Tech People, New Jersey Universities, startups, technology entrepreneurship, The universities, [This article was taken from NJTW News, an NJTechWeekly.com newsletter. Sign up for it here.] Venture Capital Funding Soars in New Jersey …

Read More »

How Bel-Air manages the Banks family fortune

Evans Vestal Ward / Peacock When I was younger, I sometimes wondered why we only saw two or three rooms in the house. The prince of Bel-Air with any regularity. The Banks Family House sitcom set on the original fresh prince was like looking into a miniature dollhouse, and in …

Read More »

Sri Lankan American investor Palihapitiya faces legal action against insurance company he made public, judge rules

Sri Lankan American businessman and investor Chamath Palihapitiya and executives of Clover Health Investments, which he went public with last year, face a lawsuit that claims he misled investors. U.S. District Judge Aleta Trauger in Nashville declined to dismiss the case on March 1, “allowing investors to pursue allegations that …

Read More »

Average National Property Tax Default Rate Declines in 2021, CoreLogic Reports | Your money

IRVINE, Calif.–(BUSINESS WIRE)–February 23, 2022– CoreLogic, a leading global provider of property insights, analytics and data solutions, today released its Property Tax Delinquency Report, which analyzes changes in national and state property tax arrears. Annual data for 2021 shows an average national crime rate of 5.9%, down 0.4% from the …

Read More »

New Jersey’s American Dream Megamall goes into debt again

(Bloomberg) – Since its grand opening nearly two decades ago, the mega-mall built in New Jersey’s Meadowlands has made little but a hemorrhage. Now, less than two years after its much-delayed opening, the resort known as American Dream threatens to crush the lofty ambitions of another developer. Bloomberg’s Most Read …

Read More »

Typical home value exceeds $1 million in 481 cities: Zillow

Many businesses featured on Money advertise with us. The opinions are our own, but the compensation and extensive research determines where and how businesses can appear. Learn more about how we earn money. More and more homes in the United States are worth $1 million – or much more. A …

Read More »

Key Lending Information: Facts You Should Know

Post views: 268 Can I cancel my credit insurance? How do people with bad credit history get credit? Can I prepay installment loans? We’ve rounded up ten popular credit questions users ask online. Average US Credit Card Debt The US debt situation is getting worse every year. The average American’s …

Read More »

NJ.com will host a virtual event to educate first-time homebuyers: how to register for free

As part of NJ.com’s EmpowerU series of events, we’re hosting a free virtual webinar detailing everything you need to know about buying your first home. During the “What First-Time Home Buyers Need to Know” event, real estate professionals will guide viewers through setting their intentions, working with a real estate …

Read More »

Peapack-Gladstone Financial Cor – Consensus Indicates 5.0% Upside Potential

Peapack-Gladstone Financial Corporation with ticker code (PGC) now have 4 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 43.75 and 37 by calculating the average target price we have 39.44. Together with the stock’s previous close at 37.56, this indicates that there …

Read More »

HORTON DR INC /DE/ MANAGEMENT REPORT OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q)

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included in this quarterly report and with our annual report on Form 10-K for the fiscal year ended September 30, 2021. Some of the …

Read More »

Transactions and financing: Florida Nonprofit Buys Community and Land Parcel; Dwight Capital closes $291 million in the fourth quarter

Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield operated by Atria Senior Living, represents the first SLR community in Connecticut. Sales Grandbridge Real …

Read More »

Missouri Small Business Loans | Navigation

More than half a million small businesses call Missouri home and in turn employ some 1.2 million Missourians according to the SBA Advocacy Office. Small business loans are essential for many new and existing businesses, as well as those struggling to survive the challenges posed by the coronavirus pandemic. If …

Read More »

Housing rebound examined at HGAR event

New York’s resilience and the rebound of the real estate market in the city as well as throughout the Hudson Valley came under scrutiny in a webinar produced by the Hudson Gateway Association of Realtors (HGAR) in the series “Getting the Deal Done”. HGAR CEO Richard Haggerty said: “We ended …

Read More »

‘Big boost’ for real estate: Housing market boiling in Cambria-Somerset area, report says | Local News

JOHNSTOWN, PA. – More people put residential properties up for sale in 2021 than the previous year, and buyers seized them, according to a housing market report from the Cambria Somerset Association of REALTORS. New listings were up 25.9% in 2021 compared to 2020, while days on market and months …

Read More »

Madison Realty Capital completes 2021 record with $6.4

New York, Jan. 20, 2022 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced the completion of one of the busiest years in 17-17 year history. Notable highlights for 2021 include: Closed a record total deal …

Read More »

Cannabis businesses will face challenges trying to open in CT, experts say

Finding a location will likely be a challenge for those looking to start one of Connecticut’s first recreational cannabis businesses, experts say. Nationwide, federal law is making it harder for cannabis companies to get loans to buy property, and many landlords who have outstanding debts with major lending institutions are …

Read More »

Long-term commercial loan options for small businesses

Smart business owners know they can do more with a little extra working capital. And when they don’t have the extra money available, they take out small business loans. Sounds simple, doesn’t it? There are actually many types of business loans out there, so finding the one that’s right for …

Read More »

Jones Lang LaSalle Incorporated: Secured refinancing of a multi-unit portfolio in northern New Jersey

MORRISTOWN, NJ, January 7, 2021 – JLL Capital Markets announced today that it has arranged financing for two mid-rise luxury buildings totaling 335 units in the community of Rahway, northern New Jersey. JLL worked for the borrower, Sterling Properties Group, LLC and AST Development, to place two separate 10-year fixed …

Read More »

7 signs you can’t trust a door-to-door salesperson

Image source: Getty Images It pays to be wary when making a huge financial commitment. Key points A motivated home seller can find clever ways to cover defects You are responsible for finding out the truth. We are living in what seems like the Wild West of housing markets, with …

Read More »

Philadelphia COVID test sites to be regulated after Lab Elite pop-ups, city says

When thousands of Philadelphians took COVID-19 tests in downtown tents last week, few realized their nasal swabs were collected by a New Jersey-based marketing agency and then shipped to a lab in Chicago trials, owned by a plumber and bar owner. But the alarm bells rang on Monday when health …

Read More »

Federal: International fugitive admits role in $ 30 million mortgage fraud in NJ

A loan officer at a New Jersey mortgage company who had been an international fugitive for several years admitted to his role in a long-standing large-scale scam that cost lenders more than $ 30 million, said authorities. Isaac DePaula, 41, and a group of conspirators ended the scheme through a …

Read More »

Home improvement loan: expectations vs. Reality

In light of the current global turmoil, we can all agree that a good home improvement loan is a good idea. People can now consider buying a home and financing it with a home loan. However, when it comes to applying for a mortgage, there are many misconceptions. For lack …

Read More »

Zacks Investment Research Lowers Princeton Bank (NASDAQ: BPRN) to Hold

Princeton Bank (NASDAQ: BPRN) has been downgraded from Zacks investment research from a “buy” note to a “keep” note in a report published on Friday, Zacks.com reports. According to Zacks, “The Bank of Princeton is a community bank that provides banking products and services. The company offers checking accounts, savings …

Read More »

AFC Gamma and Viridescent Realty Trust provide Acreage Holdings with $ 100 million senior secured credit facility

AFC Gamma commits $ 60 million on $ 100 million credit facility AFC agent acts as administrative agent alongside VRT agent as co-agent WEST PALM BEACH, Fla., December 16, 2021 (GLOBE NEWSWIRE) – AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC Gamma”) today announced that it, together with Viridescent Realty Trust, Inc. …

Read More »

Lakeland Bancorp, Inc. and 1ST Constitution Bancorp Announce Final Regulatory No Objection in Proposed Merger | 2021-12-13 | Press Releases

OAK RIDGE, NJ and CRANBURY, NJ, December 13, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (“Lakeland & CloseCurlyDoubleQuote;) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Bancorp Constitution (“1st Incorporation ”) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, announced that on December 10, 2021, the Federal …

Read More »

Loan Officer Admits To Participating In Large Scale Mortgage Fraud Scheme | USAO-NJ

NEWARK, NJ – A loan officer at a mortgage company today admitted his role in a long-standing, large-scale mortgage fraud scheme, acting U.S. lawyer Rachael A. Honig said. Isaac DePaula, 41, pleaded guilty before U.S. District Judge Esther Salas of the Newark Federal Court to Count 1 of an indictment …

Read More »

Advisors Mortgage Group announces official opening of new branch in Linwood, New Jersey

OCEAN TOWNSHIP, NJ, December 10, 2021 (GLOBE NEWSWIRE) – via InvestorWire – Fresh off Inc. 5,000 2021 list of fastest growing private companies, Advisors Mortgage Group (“Advisors” or the “Company”), based in Ocean Township, New Jersey, announces the official opening of its new branch located in Linwood, New Jersey. This …

Read More »

8 mortgage myths that waste time and money

It takes a lot of work to apply for a mortgage, from rounding up your financial records to ensuring that your credit rating is in perfect shape. Another important item on your to-do list is to look for misinformation and bad advice. There are many myths surrounding home loans. Believing …

Read More »

3 Best Stocks To Buy In The Stellar Savings And Lending Industry – December 7, 2021

Zacks’ savings and lending industry is expected to be at full throttle, with robust economic growth and resuming levels of consumer spending. This should encourage loan growth, providing much needed support. Additionally, digitization efforts and a wave of consolidations to stay relevant will help businesses like Bancorp Investors, Inc. (VSI …

Read More »

Landlords Beware: Revised Rent Control Law Still in Force

HB-116 will be a referendum on whether Illinois lawmakers choose to support working class tenants or the wealthy corporate real estate lobby, with small landlords caught in the middle. 6-Dec-21 ?? The battle between tenant advocacy groups and Chicago apartment owners is far from over, with a proposal for ?? …

Read More »

FHA, VA, conventional mortgages increase loan limits for 2022

Credit limits increase in 2022 With the historic appreciation in house prices defining the past year, mortgage loan limits are increasing for 2022. Qualified borrowers will be able to take out larger loans backed by government-sponsored companies – Fannie Mae and Freddie Mac – the Federal Housing Administration and the …

Read More »

Glen Rock Savings Bank becomes Ascendia Bank

The Bank’s new name and corporate identity have been created to better reflect a larger geographic footprint and an expanded portfolio of products and services December 2, 2021 Glen Rock Savings Bank has officially been renamed Ascendia Bank. The new name and branding are not linked to any new ownership …

Read More »

Customers Bank enters Wilmington market

A community bank specializing in business services settles in the Carolinas and chooses Wilmington for its first location. Customers Bank, headquartered in Reading, Pa., Is a leading financial institution with nearly $ 20 billion in assets, according to a press release. The Wilmington team, which will serve the businesses and …

Read More »

3 top cannabis stocks to buy for December

Plong-term conservative investors tend to do better in the stock market than those entering and exiting the market, because the S&P 500 has grown almost 270% over the past decade and is setting new records almost daily. Having a time horizon that spans years, if not decades, will serve marijuana …

Read More »

M&T Bank Corporation – Consensus indicates potential rise of 7.5%

M&T banking company found using ticker (MTB) now have 17 total analysts covering the stock. The consensus rating is “Buy”. The range between the high target price and the low target price is between 201 and 158.65, with the average target price being 173.92. Given that the previous close of …

Read More »

RBC Capital Sticks to its Buy Rating for Provident Financial Services by Investing.com

RBC Capital analyst Steven Duong maintained a buy rating on Provident Financial Services (NYSE 🙂 on Tuesday, setting a price target of $ 27, or about 8.13% above the current price of the ‘share of $ 24.97. Duong expects Provident Financial Services to post earnings per share (EPS) of $ …

Read More »

Valley National Bancorp – Consensus Says Potential 6.7% Hike

National Bank of the Valley with ticker code (VLY) now have 9 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price varies between 17 and 14 by calculating the average target price that we see 15.39. Given that the shares’ previous close was at 14.43, this …

Read More »

Liberty Union Mortgage Team Helps Homebuyers Bid Over Other Deals As Post-Pandemic Real Estate Market Continues To Soar

Jason Solowsky, Branch Manager Jason Solowsky, Branch Manager for the Liberty Union Team Jason Solowsky, Branch Manager for the Liberty Union Team NORTH ARLINGTON, NJ, Nov. 20, 2021 (GLOBE NEWSWIRE) – The United States is temporarily emerging from the worst of the coronavirus pandemic, and the real estate market has …

Read More »

New Jersey Passes Legislation Requiring Removal of Discriminatory Restrictive Covenants in Association Deeds and Documents

On November 8, 2021, New Jersey Governor Phil Murphy signed a law, A-5390 / SB-2861, which requires the removal of discriminatory terms restricting the ownership or use of real estate as prohibited by law against discrimination of all acts registered on or after January 1, 2022, and further requires that …

Read More »

Jones Lang LaSalle Incorporated: $ 113.5 million financing organized for the Newark office portfolio

MAJ Capital is a nationally recognized development company focused on creating fair and equitable neighborhoods. As a Certified B Corporation®, SHIFT delivers community solutions and programs that maintain and diversify a neighborhood’s character while maximizing long-term affordability and minimizing travel. SHIFT owns and manages over one million square feet of …

Read More »

Lakeland Bancorp announces Dat – GuruFocus.com

OAK RIDGE, NJ, October 15, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (NASDAQ: AMLA) (the “Company”) has announced that it plans to release its results for the third quarter ended September 30, 2021, on Tuesday October 26, 2021 before the market opens. A copy of the publication of the results …

Read More »

Caldwell Fills Technology Positions for Concentra Bank

October 13, 2021 – Drew Railton and Adam Cotterall of Caldwell recently hired Dave Baldarelli as Chief Digital Officer and Wendy Murphy as Chief Technology and Operations Officer at Concentra Bank. Mr. Baldarelli is a motivational leader with a demonstrated ability to guide an organization through innovation and in-depth business …

Read More »

Meridian named best performing bank

MALVERN, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) – For the second year in a row, Meridian Bank has earned a spot on Piper Sandler’s “Sm-All Stars,” its list of top performing US small-cap banks. Piper Sandler, a leading mid-market investment bank and institutional securities firm, publishes this list every year …

Read More »

Black business pioneer honored in Germantown

Sign up for our daily email newsletter to stay up to date with the latest local news across Philadelphia. Over 100 years ago, a Victorian building in Germantown was the bustling seat of one of the country’s richest black entrepreneurs. John S. Trower, born before slavery ended, moved to Philadelphia …

Read More »

ConnectOne Bancorp (NASDAQ: CNOB) demoted by Zacks Investment Research to “Hold”

ConnectOne Bancorp (NASDAQ: CNOB) has been downgraded from Zacks investment research from a “buy” note to a “keep” note in a research note published on Tuesday, Zacks.com reports. According to Zacks, “ConnectOne Bancorp, Inc. is a full-service, community-based commercial bank holding company. The Bank offers a range of loan, deposit …

Read More »

The pawn shop market deserves growth

Pawnshop market The latest market research published on the Pawnbrokers Market Outlook and Forecasts has assessed the potential for future growth of the Global Pawnbrokers Market outlook and forecast and provides useful information and statistics on the structure and development. market size. The report is intended to provide market intelligence …

Read More »

Last mile delivery site lands $ 381 million in Bronx

Turnbridge Equities Founder Andrew Joblon, KKR Co-Founder Henry Kravis and Distribution Center (Getty, Turnbridge) A huge last mile distribution center may have hit the last mile of its financial needs. A joint venture controlled by Turnbridge Equities and Dune Real Estate Partners has secured $ 381 million in new funding …

Read More »

Validea Motley Fool Strategy Daily Upgrade Report – 8/9/2021

THere are today’s updates for Validea’s small-cap growth investor model based on Motley Fool’s published strategy. This strategy seeks small cap growth stocks with strong fundamentals and strong price performance. ESQUIRE FINANCIAL HOLDINGS INC (ESQ) is a small capitalization security in the Regional Banks sector. The rating according to our …

Read More »

Revolve Capital Group Offers Ordinary Investors Access to Discounted Direct Bank Properties

Individual investors can now take advantage of the same investment opportunities as Wall Street companies without intermediaries. IRVINE, CALIFORNIA, USA, July 17, 2021 /EINPresswire.com/ – Revolve Capital Group, a private equity firm specializing in the acquisition, management and sale of distressed senior mortgages purchased directly from of leading banks, is …

Read More »

Does a VA loan make sense in San Diego?

San Diego may have one of the largest concentrations of military personnel in the country, but they don’t settle there as much as in some areas. The top spots for VA loan purchase loans in the first half of 2021 were Washington, DC, Virginia Beach and San Antonio, said a …

Read More »

New Jersey First-Time Home Buyer

What to Know About Buying a Home in New Jersey Buying your first home can be a challenge. But there is a lot of help available. The Garden State offers a wealth of tips, advice, and educational courses for first-time buyers. And you might even be in line for some …

Read More »

Prepaying Your VA Mortgage: Is It Worth It?

People with most types of mortgages, including borrowers on home loans guaranteed by the Department of Veterans Affairs, can save tens of thousands of dollars by speeding up their mortgage payments. This means that a borrower pays more than what is due for their monthly payment, or adds an additional …

Read More »