Rating Action: Moody’s assigns ratings to five classes of notes issued by Shackleton 2018-XII CLO, Ltd.
Rating Action: Moody’s assigns ratings to five classes of notes issued by Shackleton 2018-XII CLO, Ltd.
(RTTNews) – German luxury carmaker BMW AG(BMW.L, BAMXF.PK, BAMXY.PK) reported Thursday that BMW group automotive sales grew 2.7 percent from last year to 238,920 vehicles.
June deliveries of BMW Group electrified vehicles, comprising BMW i, BMW iPerformance and MINI Electric vehicles, totaled 13,806 vehicles worldwide, an increase of 47.6%.
The BMW brand sold 200,610 vehicles in June, up 4%. All major sales regions contributed to this growth. MINI deliveries in June were down 3.8% to 37,955 vehicles.
For the first half, the company sold a total of 1.243 million BMW, MINI and Rolls-Royce vehicles, up 1.8%. BMW brand sales are up 2% with 1,059,296 vehicles delivered. MINI sales edged up 0.1 percent to 181,430 units. Sales of Rolls-Royce motor cars in the first half of 2018 were up 13.1%.
Year-to-date sales of electrified BMW and MINI vehicles totaled 60,660, up 42.5%.
Pieter Nota, Member of the Board of Management of BMW AG responsible for Sales and Brand BMW, said, “Our strong sales performance in June means we’ve now achieved 35 consecutive quarters of growth and are confident this trend will continue. Ã¢â‚¬Â¦.I’m also delighted with the ongoing popularity of our electrified vehicles, which achieved their best-ever month in June, keeping us well on track to achieve over 140,000 electrified sales by the end of the year.”
BETHESDA, Md., July 12, 2018 /PRNewswire/ –Ã‚Â Walker Dunlop, Inc. announced today that it structured $52,500,000 for the refinance of 153 Remsen, a newly constructed, Class A multifamily property with ground-level retail. Located in Brooklyn Heights, New York, the property caters to one of the country’s most high-demand housing markets and has enjoyed a strong lease-up pace since its delivery in June 2017.
Led by Tom Toland, Al Rex, Hal Reinauer, and Marty McGrogan, Walker Dunlop was engaged by the property’s developers, Quinlan Development Group and Lonicera Partners, to refinance the original construction loan.
“While the capital markets have a strong appetite for new construction in key markets such as this one, high leverage, long-term financing for properties in lease-up can still be challenging to find,” Mr. Toland commented. “153 Remsen is an irreplaceable property in an area with high barriers to entry. This Ã¢â‚¬â€œ coupled with excellent sponsorship and our strong lender relationships Ã¢â‚¬â€œ allowed us to meet the developers’ needs.”
Leveraging their extensive network of capital providers, the team was able to identify an ideal capital partner for the refinance of 153 Remsen. A life insurance company provided the permanent, 12-year, fixed rate loan, which was structured with interest-only payments for a portion of the term.
Built in 2017, 153 Remsen is one of very few new multifamily developments delivered to the landmark neighborhood of Brooklyn Heights. The luxury apartment building includes 60 spacious units that average 1,066 square feet. Designed to accommodate the high-income, family demographic of the local neighborhood, the apartments feature floor-to-ceiling windows, central air conditioning, white oak flooring, gourmet kitchens, four-piece master baths, and in-unit washers and dryers. Building amenities include an attended lobby, fitness center with complimentary trainer program, bicycle room, children’s playroom designed by Carmelo The Science Fellow, storage lockers, and a roof terrace with sweeping views of Brooklyn and Manhattan.
Walker Dunlop’s Capital Markets team has deep relationships with capital providers across the country including banks, life insurance companies, and CMBS conduits. From 2014 to 2017, Walker Dunlop grew its brokered loan originations at a compound annual rate of 28 percent. In 2017 alone, the Capital Markets team closed a record $7.3 billion in total brokered volume, originating loans for over 235 different capital providers. To learn more about Walker Dunlop’s diverse financing options, visit ourÃ‚Â website.
About Walker Dunlop
Walker Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate services and finance companies in the United States providing financing and investment salesÃ‚Â to owners of multifamily and commercial properties. Walker Dunlop, which is included in the SP SmallCap 600 Index, has over 650 professionals in 29 offices across the nation with an unyielding commitment to client satisfaction.
About Quinlan Development Group:
Quinlan Development Group, LLC is a private family real estate development and investment company based in New York City since 1971. The firm has built, renovated, or invested in over 2.3 million sf across thirty-six properties encompassing a wide variety of asset types, including mixed-use rentals, luxury condominiums, retail, self-storage, and commercial office. Its investment strategy focuses on locations with strong growth potential and value-add opportunities, which are realized through aggressive and experienced management. It has a reputation for high quality development and a history of success during all building cycles. The company’s track record has solidified its reputation as a quality real estate investor, developer and lender. Quinlan Development Group, LLC’s wholly-owned subsidiary, Walker Malloy Co, Inc., manages and leases retail and residential properties in New York City.
Lonicera Partners is a Brooklyn based private real estate investment and development company. Lonicera focuses on investments where it can add value and create long-term appreciative real estate through either ground-up development or from repositioning existing properties.Ã‚Â Lonicera is currently developing 500,000 square feet of class-A multi-family and 50,000 square feet of commercial real estate in Downtown Brooklyn and the surrounding neighborhoods, nearing $250 million of total capitalization.
SOURCE Walker Dunlop, Inc.
(RTTNews) – Greece’s unemployment rate increased marginally in April after falling in the previous month, data from the Hellenic Statistical Authority showed Thursday.
The jobless rate edged up to 20.2 percent in April from 20.1 percent in March.
In the corresponding month last year, the rate was 21.7 percent.
There were 949,726 unemployed people in April. The number of unemployed decreased by 96,632 from previous year and by 7,698 from March.
The youth unemployment rate, which applies to the 15 to 24 age group, came in at 42.3 percent in April versus 44.2 percent last year.
SAN FRANCISCO, July 12, 2018 /PRNewswire/ –
Global Color Cosmetics Market is projected to grow considerably in the forecast period owing to its easy availability and affordability. Color cosmetics are the ubiquitous elements of personal care products that enhance the human body appearance. They refer to the cosmetic ingredients and colorants that are used for personal hygiene, makeover, skin care, oral care and hair care. They include products like nail paints, powders, concealers, mascaras, bronzers, eye shadows, foundations, lipsticks, and others. The coloring material in any specific cosmetic type depends on colored effects. For example, in case of a shimmering eye shadow, hundred micron interference flake type material are used, while a foundation colors less than one micron for matching a skin tone. The color cosmetics market is flourishing since customers continue to appreciate different looks and manufacturers produce attractive products with unique textures and formulas.
The growing focus on trendy looks due to improved lifestyle and increasing spending power on personal care products are the major factors that are projected to drive the color cosmetics market significantly in future. The increasing awareness regarding style and external appearance in the younger population is also accelerating the color cosmetics market worldwide. The demand for color cosmetics exists greatly in the female sector, especially from the young population to the middle age who prefer long-lasting products with natural constituents. Fashion trends like nail art are changing nails into stylish accessories, which again uplifts the market growth. Additionally, the introduction of innovative products and technological modernizations are also predicted to propel color cosmetics market demand. The continual changing lifestyle and trends are estimated impact the market positively in the coming years. Color cosmetics market is also driven by augmented preference of color cosmetics in the beauty industry. Also, the availability of branded products in these developed regions due to rising number of manufacturing facilities is also supporting the market growth.
Most brands are investing heavily in the research and development activities to introduce innovative, organic cosmetics like anti-aging creams, UV protection lotions, which are also environment-friendly. On the other hand, high costs related to high-quality chemicals and packaging, economic recession and strict government policies concerning product ingredients could negatively influence the market growth. Nevertheless, the manufacturing of high-quality products due to intensifying demand for long-lasting and eco-friendly products with low risk of skin irritation and toxicity are likely to boost the market growth. Moreover, the growing usage of natural ingredients in the making of color cosmetics due to increasing awareness regarding unfriendly effects of artificial chemicals is also predicted to impact the color cosmetics demand. Color cosmetics market is categorized in the basis of product type, application and geography. On the basis of product type, color cosmetics market is ordered into facial makeover, eye makeover, nail makeover, lip care products, hair color products, etc.
In terms of application, the market is divided into beauty, skin care, others. Geographically, color cosmetics market is segmented as North America, Europe, and South East Asia. Europe and North America are lucrative regions for personal care and color cosmetics owing to continuous innovations in terms of products, technology and high consumer disposable income levels. Some prominent color cosmetics market players profiled here comprise Avon Products, Inc., Ciat London, Unilever N.V., LOreal Group, Kryolan Professional Make-Up, The Este Lauder Companies Inc., Shiseido Co. Ltd., Revlon Inc., ChantecailleBeaute Inc., and Coty Inc. This report studies Color Cosmetics in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
Access 127page research report with TOC on “Color Cosmetics Market“ available with Radiant Insights, Inc. @https://www.radiantinsights.com/research/global-color-cosmetics-market-professional-survey-report-2018
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