Industry News

Landmark Infrastructure Partners LP today announced that Tim Brazy, CEO and George Doyle, CFO, will present live during the REIT-focused VirtualInvestorConferences.com event on August 11, 2016.. DATE: Thursday, August 11, 2016 TIME: 12:15 pm Eastern Time LINK:..."/>
Landmark Infrastructure Partners LP to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused Event on August 11
Landmark Infrastructure Partners LP today announced that Tim Brazy, CEO and George Doyle, CFO, will present live during the REIT-focused VirtualInvestorConferences.com event on August 11, 2016.. DATE: Thursday, August 11, 2016 TIME: 12:15 pm Eastern Time LINK:..."/>
Landmark Infrastructure Partners LP to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused Event on August 11
Armada Hoffler Properties, Inc., based in Virginia, and focused on developing, building, acquiring and managing high-quality real estate, today announced that Louis S. Haddad, President and CEO, and Michael P. O'Hara, CFO and Treasurer, will present live during the REIT-focused..."/>
Armada Hoffler Properties, Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event
Armada Hoffler Properties, Inc., based in Virginia, and focused on developing, building, acquiring and managing high-quality real estate, today announced that Louis S. Haddad, President and CEO, and Michael P. O'Hara, CFO and Treasurer, will present live during the REIT-focused..."/>
Armada Hoffler Properties, Inc. to Webcast, Live, at VirtualInvestorConferences.com's REIT-Focused August 11 Event
RMR Group Inc announced on Monday that it has acquired the business of Tremont Realty Capital LLC that specialises in commercial real estate finance, for an upfront purchase price of USD2.2m, excluding transaction costs. Tremont raises debt and equity capital and serves as a manager of funds invested in commercial real estate loans. Founded in 2000, it has completed commercial real estate transactions of over USD4.6bn and currently has over USD200m of real estate loans..."/>
RMR Group announces acquisition of Tremont Realty Capital for USD2.2m
CareTrust REIT, Inc. today announced that it has acquired two seniors housing and two skilled nursing facilities located in California’ s Central Valley for approximately $34.4 million, inclusive of transaction costs. The portfolio consists of 79 assisted living units and 293 skilled nursing beds, and is currently leased to affiliates of California-based Covenant Care, LLC.. “We are very excited to add these four facilities to our California..."/>
CareTrust REIT Acquires California Seniors Housing and Skilled Nursing Portfolio
eHealth, Inc., which operates eHealth.com, the nation's first and largest private online health insurance exchange, announced that it has enrolled over five million people in health insurance products through eHealth.com, Medicare.com and the company's other online properties. "We're tremendously proud of our success and honored by the loyalty and patronage of our customers," said eHealth CEO Scott Flanders. " Our customer survey from April..."/>
EHealth Milestone: Over 5 Million Americans Have Been Insured Through the Nation's First & Largest Private Online Health Insurance Exchange
Manulife Financial Corporation today announced that Gretchen Garrigues has been appointed Executive Vice President and Global Chief Marketing Officer. Garrigues will be responsible for Manulife's global marketing and communications, focusing on global branding as well as ensuring that marketing strategies and the customer experience support global..."/>
Gretchen Garrigues appointed Global Chief Marketing Officer at Manulife
Cowen Group, Inc. today announced that Matt Baldassano has joined Cowen as Managing Director, Head of Global Securities Finance. Baldassano is based in New York and reports to Dan Charney, Head of Equities."/>
Cowen Announces Formation of Securities Finance Business
Alcentra Capital Corporation has reported USD10.6 million in total investment income in the second quarter ended June 30, 2016, an increase from the same period in the prior year mainly due to an increase of investments in the portfolio as well as fees associated with repayments. For the three months ended June 30, 2016, total expenses were USD4.7 million. Interest and financing expenses for the three months ended June 30, 2016 was USD1.6 million and the base management fee..."/>
Alcentra Capital reports USD10.6m in Q2 2016 total investment income
Bank of McKenney has reported net income of USD350, 000 for the three-month period ending June 30, 2016, compared to net income of USDS376, 000 for the same period in 2015, the company said. Net interest income dropped USD295, 000 from the period ended June 30, 2015, which was offset by a reduction in the provision for loan losses of USD299, 000. Income for the six months ended June 30, 2016 was USD731, 000 compared to USD761, 000 for the same period last year."/>
Bank of McKenney reports USD350,000 Q2 2016 net income
Fauquier Bankshares, Inc. has reported net income of USD1.56 million for the second quarter of 2016 compared with USD1.05 million for the second quarter of 2015, the company said. Earnings for the quarter reflected a USD1.13 million recovery of loan loss provision, which resulted in an additional USD748, 000 in after tax income for the quarter. Net income for the first six months of 2016 was USD2.17 million compared with USD1.79 million for the same period of 2015.."/>
Fauquier Bankshares reports Q2 2016 net income of USD1.5m
NASB Financial, Inc. has reported net income for the quarter ended June 30, 2016, of USD4, 627,000, compared to net income of USD3, 969,000 for the quarter ended March 31, 2016, and net income of USD9, 152,000 for the quarter ended June 30, 2015, the company said. During the quarter ended June 30, 2015, the bank recorded a negative provision for loan losses of USD4.0 million, which was necessary to reduce the bank's allowance for loan and lease losses consistent with the bank's alll..."/>
NASB Financial reports USD4.6m net income in quarter ended June 30, 2016
WhiteHorse Finance, Inc. has reported net investment income of approximately USD6.4 million for the three months ended June 30, 2016, compared with approximately USD5.9 million for the same period in the prior year, representing an increase of 8.5 percent, the company said. As of June 30, 2016, WhiteHorse Finance Inc. reported in the second quarter 2016, its investment portfolio was USD400.9 million, compared with USD417.2 million as of March 31, 2016.."/>
WhiteHorse Finance reports Q2 2016 net investment income of USD6.4m
Ohio Valley Banc Corp. has completed the merger of Milton Bancorp, Inc., into OVBC, the company said. Immediately following the closing of the merger, Milton Bancorp, Inc's subsidiary bank, The Milton Banking Company, was merged into OVBC's subsidiary bank, The Ohio Valley Bank Company. Ohio Valley Banc Corp., headquartered in Gallipolis, Ohio has approximately USD965 million in assets, including approximately USD717 million in loans."/>
Ohio Valley Banc completes Milton Bancorp acquisition
Zions Bancorporation has elected managing director and chairman of private equity firm HGGC, Gary L. Crittenden to its board of directors, the company said. Crittenden was the chief financial officer of Citigroup from 2007 to 2009, where he was responsible for the financial leadership of the company during the global economic crisis. He served as CFO of American Express Company from 2000 to 2007.."/>
Zions Bancorporation elects HGGC exec to board
Ellington Financial LLC has reported a net decrease of USD5.0 million in shareholders' equity resulting from operations for the second quarter, compared to net loss of USD23.2 million, for the quarter ended March 31, 2016.. During the second quarter through August 3, 2016, the company repurchased approximately 330,000 shares at an average price per share of USD17.21 for a total cost of approximately USD5.7 million. The board of directors declared a dividend of USD0.50 per..."/>
Ellington Financial reports USD5.0m decrease in equity in Q2 2016
MMA Capital elects new board member
Great Southern Bancorp, Inc., the holding company for Great Southern Bank, today announced that it had commenced a public offering of $50,000,000 of its fixed­- to-­ floating rate subordinated notes, due 2026.. The Company intends to use the net proceeds of the offering for general corporate purposes, including but not limited to contribution of capital to the Bank to support organic growth and opportunistic acquisitions, should appropriate..."/>
Great Southern Bancorp, Inc. Announces Subordinated Notes Offering
Altisource Residential Corporation today reported financial and operating results for the second quarter of 2016.. Recent Developments and Second Quarter 2016 Highlights. Increased single-family rental portfolio during the quarter by 13% over the prior quarter to 3,977 homes, including 3,010 rented properties, 273 listed and ready for rent and 694 properties under leasehold renovation and unit turn. Stabilized rentals grew to 3,112..."/>
Altisource Residential Corporation Reports Second Quarter 2016 Results
Bancorp, Inc. announced today that it has entered into a securities purchase agreement with certain institutional and accredited investors pursuant to which the Company sold an aggregate of 7,560,000 of the Company’ s common stock, par value $1.00 per share, at a purchase price of $4.50 per share, and 40,000 shares of a new series of preferred stock, Series C mandatorily convertible cumulative non-voting perpetual preferred stock, par value $0.01 per..."/>
The Bancorp, Inc. Announces a $74 Million Capital Raise

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