Category: Finance

  • A judge granted a 35-year-old man who had filed for bankruptcy $100,000 in-school loan forgiveness

    A judge granted a 35-year-old man who had filed for bankruptcy $100,000 in-school loan forgiveness

    America witnessed a very bizarre case where a 35-year older man was granted school loan forgiveness, and the judge forgave his debt. Still, then Biden’s Education Department has recently been in talks again to halt the court’s decision. The incident that happened was that two weeks ago, a judge had approved $100,000 in-school loan forgiveness […]

  • The IRS has opened tax season, but don’t rush to file: Here’s why experts say you may want to wait.

    The IRS has opened tax season, but don’t rush to file: Here’s why experts say you may want to wait.

    On Monday, January 24, the IRS began accepting and processing tax returns for the 2021 tax year. The tax return deadline is April 18, and the filing deadline was extended last year, but the IRS currently has no plans to postpone that date. Three-quarters of all Americans get their annual tax refund from the IRS, […]

  • Tax-filing season begins Jan. 24, IRS says

    Tax-filing season begins Jan. 24, IRS says

    The Internal Revenue Service (IRS) announced that the new tax season would begin on January 24. It marks the beginning of the new financial year and the end of accepting the tax returns from 2021. As the U.S. tax filing season begins in two weeks, Treasury officials have warned on Monday that taxpayers need to […]

  • Petrol import drives Nigeria’s trade deficit in Q3’21 to N3trn

    Petrol import drives Nigeria’s trade deficit in Q3’21 to N3trn

    The total trade deficit grows by 10.43% to N13.3trn in Q3 of 2021. In the third quarter of 2021, Q3’2021. Nigeria records a deficit of N3.023 trillion with her trading partners worldwide while total merchandise trade amounts to N13.284 trillion. In a press conference yesterday in Abuja. Statistician-General and CEO of the National Bureau of […]

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  • $300 Million Oakville Triangle Redevelopment In Alexandria Secures Financing

    $300 Million Oakville Triangle Redevelopment In Alexandria Secures Financing

    Stonebridge, the master developer behind Oakville Triangle, a planned mixed-use redevelopment in Alexandria, Virginia, has secured the necessary financing for the $300 million projects. With the financing secured, the project is ready to move forward, and demolition already began this week. When completed, Oakville Triangle will offer 577 apartments, a 93,000 Sq Ft. Inova HealthPlex, 55,000 square […]

  • 60 Guilders Grabs 12 MetroTech Buy With $106 Million Starwood Loan

    60 Guilders Grabs 12 MetroTech Buy With $106 Million Starwood Loan

    Brookfield Property Partners has officially sold its office condominium at 12 MetroTech Center in Downtown Brooklyn to 60 Guilders for $128 million. Starwood Property Trust granted $106 million in acquisition financing for the deal – one of the largest office transactions in the area to close since the COVID-19 pandemic hit. Cushman & Wakefield’s Gideon Gil, Lauren Kaufman, Steve Kohn and Alex Hernandez negotiated the five-year, interest-only […]

  • Silver Tree Scores $62 Million Loan For Fort Lauderdale Retirement Community

    Silver Tree Scores $62 Million Loan For Fort Lauderdale Retirement Community

    Silver Tree Residential scored a $62.1 million refinancing loan for a large, Fort Lauderdale retirement community from Grandbridge Real Estate Capital. Gateway Terrace Senior Apartments, situated at 1943 NE 6th Court, is located in the Victoria Park residential neighborhood along the Rio Barcelona Canal, less than two miles north of Las Olas Boulevard, the city’s main road. Constructed […]

  • Arbor Realty Trust Grants $82 Million On 1,002-Unit Multifamily Asset In Memphis

    Arbor Realty Trust Grants $82 Million On 1,002-Unit Multifamily Asset In Memphis

    Blue Magma Residential has grabbed $82 million in bridge debt from Arbor Realty Trust to obtain a 1,002-unit residential development in Memphis, Tennessee. The three-year, floating-rate and interest-only loan helped facilitate Tampa-based Blue Magma’s purchase of the sizable Waterview Apartment Homes at 6860 Quince Road in Memphis from its previous owner CapReit. Berkadia’s Patrick Jordan organized the sale and financing stated that the Blue Magma […]