As of September 30, 2016, the balance of the interim loan portfolio was USD265 million, and the balance of the preferred equity
investments was USD15.
As part of the recapitalization, Advalurem Group funded the balance necessary to pay off the preferred equity
Mubadala's investment is structured as a preferred equity
security that gives it, in addition to certain rights and protections consistent with a minority investment of this size, a 5.
Investments will be sourced across the United States and range from first lien mortgages and mezzanine loans to preferred equity
positions in both land deals and non-stabilized assets.
The Omega Preferred Equity
Fund was launched in 2007 and has proven to be a superior investment product for investors looking for stable distributions of tax-efficient dividend income said Michel Falk, President of NBSI.
As a result of the recapitalization of stock into nonvoting and voting shares (with the decedent retaining nonvoting shares), plus the execution of the employment agreement (which in the eyes of the IRS gave rise to the preferred equity
interest in the amount of the unreasonable compensation portion of the compensation agreement), the decedent went from being able to liquidate the corporation and compel dividends to be issued equally, to a situation in which his equity interest was subordinate to the employment agreement and he had no way to compel liquidation.
M2 EQUITYBITES-October 13, 2015-US Highland announces debt conversion into preferred equity
5 million preferred equity
transaction that will be used to facilitate the construction of Lincoln Park, a Brooklyn, NY development consisting of two Class A, multi-family apartment buildings, totaling 133 units.
amp; HOUSTON -- GE Energy Financial Services, a unit of General Electric (NYSE: GE), is making its first investment in natural gas storage, acquiring a preferred equity
interest in an underground salt dome storage project in Louisiana for $65 million from Haddington Energy Partners III LP, a Houston-based, energy-focused private equity fund.
Executive vice president Keith Braddish and vice president Jason Gaccione, both of CBRE Capital Markets in New York City, recently collaborated with Michael Prakken of CBRE Capital Markets in Boston, to arrange an $11 million fixed-rate first mortgage and $2,910,000 of preferred equity
to facilitate the refinance of a construction/renovation loan that Braddish and Gaccione originated 18 months earlier.
12, 2006, the CDO is invested in a portfolio of commercial mortgage whole loans and A-notes (58%), B-notes (11%), commercial real estate mezzanine loans (19%), preferred equity
(5%), and commercial real estate collateralized debt obligations (7%).
M2 EQUITYBITES-December 7, 2011-Atlantic Power Corporation and CPI Preferred Equity
Ltd reports dividends on Series 1 shares & the Series 2 shares(C)2011 M2 COMMUNICATIONS http://www.