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Rithm Capital Buys Specialized Loan Servicing Business, Boosts Third-Party Servicing Business To $180B

Benzinga

Rithm Capital Corp (NYSE: RITM ) penned a deal with Computershare Ltd (OTC: CMSQF ) for the acquisition of Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC (SLS), for about $720 million.

Finance 59
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Ready Capital Corporation Announces Completion of Merger

Benzinga

NYSE: BRMK ) ("Broadmark"), a specialty real estate finance company that specializes in originating and servicing residential and commercial construction loans, and RCC Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of Ready Capital ("Merger Sub").

Finance 40
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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Under his guidance, Beyster staff and Rady School interns engage with companies to provide consulting and feasibility analysis for ESOP transactions and benefit level modeling. Prior to joining the Beyster Institute, he worked in the ESOP practices of private companies including Principal Financial Group, William M.

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SMGI Announces Successful Recapitalization and Acquisition of Barnhart Transportation, a Leading Logistics Services Provider Based in Pennsylvania

Benzinga

SMGI" or the "Company") (OTCQB: SMGI ), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, is pleased to announce the successful acquisition and merger of the Barnhart Transportation group of companies ("Barnhart"), a 20 year-old established logistics service provider based in Pennsylvania.

EBITDA 40
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Sachem Capital Corp. Expands Capabilities with Acquisition of Urbane New Haven LLC, a Premier Real Estate Development and Construction Firm

Benzinga

NYSE: SACH ) today announced that it has acquired substantially all the business assets of Urbane New Haven, LLC ("Urbane"), a premier real estate firm specializing in all phases of development and construction, including architecture, design, contracting, and marketing. BRANFORD, Conn., The transaction is closed on October 6, 2022.

Finance 40
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Ready Capital and Broadmark Realty Capital Announce Definitive Merger Agreement

Benzinga

27, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC ) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, and Broadmark Realty Capital Inc.

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Magic Words Still Matter, and Equitable Defenses Can’t Save a “Void” Transfer

Farrel Fritz

New York’s default rules regarding LLC members’ rights to transfer their interests appear in sections 603 and 604 of the LLC Law. In XRI Investment Holdings LLC v Holifield , No. That would allow Holifield to borrow against his XRI interest without impairing XRI’s rights to Holifield’s interest under the XRI Loan.

Finance 52