Amid talks about arms cuts and arms sales, some European countries are taking a more minimalist approach to defense. The armed forces of Estonia, for example, have had to call on their neighbors in Latvia to borrow ONE tank... because they didn't have any. But it's not planning to build a one-tank army. The Russian-made T-55 vehicle will only be used once, in a military exercise. Ironically, ten years ago Poland offered five tanks of the same model to Estonia FOR FREE, an offer which the country refused, saying Russian tanks did not comply to NATO standards.
http://leafgardenpress.com/ One Tank Army: Estonia loans T-55 from Latvia to carry out drills
Wells Fargo Bank will pay at least $ 175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department... - 7/12/2012 12:10:00 PM | Newser. Justice Dept: Wells Fargo to pay 5M to settle allegations of bias against ...
BELLEVUE, WA-New York City-based Joseph Merrill Capital, a real estate investment banking firm, has structured a seven-year CMBS loan of $ 55-million for RP Realty Partner's Bellevue Galleria. The Galleria is a class-A mixed-use office and retail asset consisting of more than 203,000 rentable square feet.
James Rizzi, managing principal of JMC, tells GlobeSt.com that the company is encouraged by the continued loosening seen in the securitization market. "The property was well positioned for long term fixed rate financing given RP Realty Partners successful repositioning of the property, which involved converting the previously existing Cinema into class-A office space and increasing the overall rentable square footage of the property," Rizzi said.
Rizzi adds that the asset is "high quality," and was "appropriately repositioned by a high-quality sponsor." JMC structured the loan with the Royal Bank of Scotland that used its balance sheet to warehouse the loan until its larger securitized pool goes to market for execution in the coming months.
RP Realty Partners, owner of the Galleria, is experienced in implementing complicated repositioning strategies involving retail and mixed-use properties of 100,000 square feet to 600,000 square feet, according to a prepared statement.
The attractive interest rate environment coupled with the return of the CMBS market will continue to have a positive impact on the ability for property owners to execute their business plans and prepare certain assets for sale back into the market, according to JMC. "We are in a great position to help our clients capitalize on the low interest rate environment and remain committed on bringing measureable value to the refinance, acquisition, and recapitalization process," Rizzi explains.
As lenders continue to become more aggressive in their underwriting criteria and as long as interest rates remain low, transaction volume will continue to increase dramatically to bring a much needed clarity to a marketplace where it has been challenging to determine true market valuations and fitting asset strategies, Rizzi says.
The Galleria is 96% occupied with a diverse mix of tenants including the Men's Warehouse, Gene Juarez Salons, Microsoft, and LA Fitness.
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Suggest Bellevue Galleria Gets M in Financing ArticlesQuestion by : Is it possible to take out more than ,000 in student loans for a bachelors degree? I want to drastically change my degree plan and go into neuroscience, but if I do that I'll for sure go over $ 55,000. I'm 26 and single with no kids. That's for the full degree. Best answer for Is it possible to take out more than ,000 in student loans for a bachelors degree?:
Answer by �?�
Sure it's possible but it's pretty idiotic. Is that $ 55,000 a year or is that amount you'll take out over the course of four years? Either way, not a smart choice.
Answer by Kyle Busch is an 尻 �?�
If you're talking about Federal Financial Aid Student Loans (FAFSA) -- NO, there's a cap limit to how much you can receive, and how many semesters they'll fund.
Answer by Sophia
You would have to somehow qualify for a private loan which is unlikely in your case. Just go to a cheaper school, you can't afford that one.
Answer by sunybuni
While there is a limit as to how much you can obtain in Federal direct loans as an undergraduate, there really is no limit on private funds. So it is not only possible to exceed $ 55000, many students do so. Before you do - please make sure that you will be able to find a job using your new degree plan and that you will be able to afford the loan payments once you get that job. Private loans are not as forgiving as federal, the interest rates will be higher and they will show on your credit report. Borrow responsibly, so only borrow what you NEED. You might also check to see if some of the courses you will need to complete your new degree plan can be taken at the local community or junior college and transfer in. It will be much cheaper in the long run if you can take some of the lower units that way (you will not be able to get federal financial aid at both schools if you do this).
