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$121 Million Sale of Four-Property Multifamily Portfolio in Connecticut Brokered by Institutional Property Advisors

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW HAVEN, Conn.--(BUSINESS WIRE)-- #apartmentbrokers--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of the Central & Southeast Connecticut Portfolio, a four-property, 693-unit multifamily portfolio spanning New Haven, Hartford and New London counties. The portfolio traded for $121 million. “This 100% market-rate suburban portfolio is located in the most resilient segment of Connecticut’s

KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2025 Series Three; Affirms Related Ratings

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2025 Series Three. KBRA also affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the State's Appropriation Bonds. The rating Outlook for each obligation is Stable

Former USPTO Director and AWS/Google Executive Michelle K. Lee Joins Patlytics as Senior Strategic Advisor

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)-- #AI--Michelle K. Lee, Former USPTO Director and AWS/Google Executive, Joins Patlytics as Senior Strategic Advisor

KBRA Assigns Preliminary Ratings to CPC Asset Securitization IV, LLC, Series 2025-1 Notes

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to notes issued CPC Asset Securitization IV LLC (the “Issuer”). CPC Asset Securitization IV LLC will issue four classes of Series 2025-1 Notes totaling $85 million initially. Channel Partners Capital (“CPC,” or the “Company”) is the Sponsor, Seller, and Servicer for CPC 2025-1. CPC was founded in 2009 and headquartered in Minnesota with offices in Minnesota, Iowa, New Jersey, and Georgia. The Company provides financing to small busines

Candlewood Partners Advises Mynaric AG on its Restructuring

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
DELRAY BEACH, Fla.--(BUSINESS WIRE)--Candlewood Partners Advises Mynaric AG on its Restructuring

Credit Union 1, Cotribute Win 2025 Tekkie Award for Member Growth

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
ANAHEIM, Calif.--(BUSINESS WIRE)-- #DigitalAccountOnboarding--Cotribute, the category-defining platform for digital account origination and decision intelligence, today announced with Illinois-based Credit Union 1 (CU1) that it won the Finopotamus Tekkie award for Member Growth. The member growth category highlighted technologies that resulted in measurable membership growth, improved member experience, or streamlined member acquisition and onboarding. “Having a robust mobile platform enables our staff to offer more time

Equal Parts Continues Expansion with Acquisition of Assurely, Adding Proprietary D&O Platform for Startups

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
AUSTIN, Texas--(BUSINESS WIRE)--Equal Parts, a next-generation insurance agency combining traditional relationships with AI technology, today announced its acquisition of Assurely, an Austin-based agency focused on startups and emerging companies. Founded by David Carpentier and Ty Sagalow, Assurely has built a reputation for tackling unique insurance challenges, particularly for companies with complex capital structures, crowdfunding components, and non-traditional investor bases. The company'

Grant Thornton CFO survey: Finance leaders remain agile amid economic turmoil

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
CHICAGO--(BUSINESS WIRE)--A new survey from Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, highlights the agility of today’s chief financial officers (CFOs) amid economic turmoil. Grant Thornton’s CFO survey for the second quarter of 2025 revealed that while tariff-inspired economic turmoil drove finance leaders’ pessimism to new heights (46%), the more than 260 respondents moved quickly to deploy a variety of d

ACCELQ Autopilot Named “AI-based Engineering Solution of the Year” in 2025 Artificial Intelligence Breakthrough Awards Program

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
DALLAS--(BUSINESS WIRE)-- #ACCELQ--ACCELQ today announced that it has been awarded “AI-based Engineering Solution of the Year” in the 8th annual AI Breakthrough Awards program.

TruSight, LLC Secures Strategic Investment to Accelerate Growth and Innovation

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
BLUE BELL, Pa.--(BUSINESS WIRE)--TruSight, LLC raises capital from strategic investors to scale its technology platforms, expert team, and end-market specific products and services.

Securian Financial Names John Heshelman Chief Investment Officer

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial today promoted John Heshelman to vice president and chief investment officer (CIO). Heshelman reports to Suzette Huovinen, Securian Financial’s senior vice president for Institutional Retirement Solutions and the president of Securian Asset Management, the company’s asset management subsidiary. As CIO, Heshelman is responsible for setting the overall investment strategy and policies for portfolios managed by Securian Asset Management. His pri

KBRA Releases Comment on Venerable’s Announced Transaction with Corebridge

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On June 26, 2025, Venerable Holdings, Inc. (“Venerable” or “the company”)(KBRA Issuer Rating: BBB/Stable) announced a transaction with Corebridge Financial, Inc. (Corebridge) pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company (AGL) and The US Life Insurance Company in the City of New York (USL). At transaction closing, Venerable will also begin to assume variable annuity new business f

Dubai’s Azizi Developments Unveils Real Estate Deals Exclusive to Investors in New York

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Dubai’s Azizi Developments unveils real estate deals exclusive to investors in New York

Argano Acquires Twelve Consulting Group, Strengthening Its Position as the Premier Anaplan Services Platform

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
PLANO, Texas--(BUSINESS WIRE)--Argano, the world’s first and largest digital services consultancy focused exclusively on enabling high performance across its clients’ business operations, today announced that it has acquired Twelve Consulting Group (“Twelve”), a premier Anaplan Gold Partner with deep expertise in enterprise performance consulting solutions. This represents Argano’s second acquisition of an Anaplan partner this year, as well as its fifth acquisition in 2025 overall. The addition

Andersen Consulting Strengthens Capabilities with Collaborating Firm Market One

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
SAN FRANCISCO--(BUSINESS WIRE)-- #andersenconsulting--Andersen Consulting continues the expansion of its global platform through a Collaboration Agreement with Market One.

Smartly’s Flagship Event ADVANCE Returns: New Voices, Big Ideas, and the Future of Marketing

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)--ADVANCE, the flagship event from Smartly, the leading AI-powered advertising technology platform, returns to New York City on September 17.

INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Apple Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - AAPL

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Apple business and prospects, resulting in its stock trading at inflated prices.

Hebbia Acquires FlashDocs to Extend AI Workflow Automation

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
NEW YORK--(BUSINESS WIRE)--Hebbia, the AI platform for finance, today announced its acquisition of FlashDocs, a leader in generative AI slide deck creation. The acquisition expands Hebbia’s platform beyond information retrieval and agentic workflows into content generation, reinforcing the company’s commitment to streamlining financial workflows end-to-end. Founded in 2024 by co-founders Morten Bruun and Adam Khakhar, FlashDocs turns LLM prompts or structured outputs into enterprise-quality pre

Canva Breaks Ground as First Design Connector for OpenAI's ChatGPT

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
SAN FRANCISCO--(BUSINESS WIRE)--Canva has become the first design platform to deeply embed its creative suite into the world’s most advanced AI tools, including ChatGPT.

Wiss and Rillet Partner to Deliver a New Accounting Model for Growing Businesses

Lastest from Businesswire - Thu, 06/26/2025 - 11:54
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Wiss, a full-service accounting and business advisory firm leveraging AI and data analytics to deliver advanced financial solutions, and Rillet, the AI-native enterprise resource planning (ERP) platform, today announced a strategic partnership aimed at helping businesses streamline operations, improve financial visibility, and reduce reliance on manual or outdated processes. For businesses navigating the challenges of rapid growth, this new offering provides

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