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Nitin Motwani and Dev Motwani, co-CEOs of Merrimac Ventures. (Merrimac) Merrimac Ventures has secured a $ 72 million construction loan for a multi-family project at Plantation. Fort Lauderdale-based Merrimac company owned by the Motwani family will begin construction of the 306-unit project at 1711 North University Drive in June, according …

SPRINGFIELD – Legislation sponsored by State Senator Laura Ellman (D-Naperville) that would allow students to use 529 university savings accounts for other education-related purposes without additional taxation was passed by the General Assembly Thursday. “This legislation would allow college savings plans to be used in more and more ways to …

DENVER (CBS4) – The Colorado attorney general’s office on Wednesday filed a lawsuit against a Pennsylvania-based company accused of operating a federal student loan forgiveness program. The lawsuit seeks temporary and permanent injunctions forcing the company, Pennsylvania Higher Education Assistance Agency (PHEAA), to provide documentation in accordance with national consumer …

Photo: AP (AP) Every month or so, sometimes even faster than that, there will be a new report explaining how long and crazy auto loans have gotten these days and, maybe because I’m an anxious person, these stories give me a jolt. A report released on Thursday said, yes, big …

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of notes issued by Maranon Loan Funding 2021-2, Ltd., a cash flow secured loan obligation (CLO) backed by a diversified portfolio of corporate loans of the middle market. Maranon Loan Funding 2021-2, Ltd. is managed by Maranon Management LLC …

The Student Loans Company (SLC) has appointed Chris Larmer as Executive Director, Operations. The Operations Directorate manages the payment of student loans and grants to around 2 million students per year and the payment of tuition fees to over 600 higher education institutions in England and Wales. In the 20/21 …

NEWTON, Mass .– (BUSINESS WIRE) –Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $ 15.3 million senior variable rate bridge loan to refinance Prime Center at the Northridge office park. The building is made up of two adjacent multi-tenant single-storey office buildings totaling approximately 125,000 square feet …

MUMBAI: Manappuram Finance Ltd reported a 5.6% sequential contraction in its gold loan portfolio for the March quarter, sharper than analysts had estimated as the company ended up auctioning an amount huge 404 crore of gold to collect money. For the lender, the contraction of the loan portfolio can be …

At a special meeting on May 26, committee members agreed to background check First-i, a drone company with office space in the city’s nascent tech accelerator, inside of the downtown Herald building. City staff will also check for any pending litigation against the company, and committee members plan to ask …

Oklahoma farmers and ranchers can now get a helping hand from Capital Hill. The US Department of Agriculture is providing more than $ 1 billion in debt relief to struggling Oklahoma farmers and ranchers. The money is part of Congressional COVID-19 relief program. “Oklahoma happens to be a food belt, …