Finance Debt

Brookfield borrows $ 107 million for New Jersey logistics project

By Andrew McIntyre (Nov. 24, 2021, 3:03 p.m. EST) – Brookfield has loaned $ 107.4 million to a Lincoln Equities Group company and investment firm PCCP for a logistics property in New Jersey, according to a statement from borrowers on Wednesday brokers Cushman & Wakefield. The loan is for Building …

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What is Mortgage Backed Security (MBS)?

Mortgage Backed Securities (MBS) are bonds that groups of mortgage loans use as collateral. An MBS can be issued by a government agency, a government sponsored agency, or a private institution. Unlike most other bonds, mortgage-backed securities make monthly interest and principal payments. Visit Insider’s Investing Reference Library for more …

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City loans bring water upgrades | Community

A previously approved loan for a project related to water upgrades that ultimately required more funding, approved by Duncan Council members last week, was finalized Tuesday by the Oklahoma Water Resources Board (OWRB). Loan funding that was on Duncan City Council’s November 9th agenda for approval of an increase after …

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Woodworker Will named British Business Bank’s Start-up Loan Ambassadors

TAILOR-MADE furniture company Woodwork by Will in Comber among 12 SMEs selected as Champions of British Startups by Start Up Loans, part of the British Business Bank. Newly named Ambassador to Northern Ireland, Will Smith, took out two loans totaling £ 6,000 last January to set up his business and …

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