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The Latest: Another lawmaker positive after Capitol lockdown

The Latest: Another lawmaker positive after Capitol lockdown
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Greystone Provides $22 2 Million in HUD-Insured Financing for Skilled Nursing Facility in Westchester County, New York

Greystone Provides $22.2 Million in HUD-Insured Financing for Skilled Nursing Facility in Westchester County, New York NEW YORK, Jan. 07, 2021 (GLOBE NEWSWIRE) Greystone, a leading national commercial real estate finance company, has provided a $22.2 million HUD-insured loan to refinance a 127-bed skilled nursing facility in Cortlandt, New York. The financing was originated by Fred Levine, Managing Director in Greystone’s Monsey, New York office. The $22,217,200 permanent FHA refinance carries a low, fixed interest rate and 35-year term and amortization. The non-recourse loan refinances and consolidates the asset’s existing debt and enables the borrower to continue making ongoing improvements to the property.

How Troverie Tried—and Failed—to Beat the Gray Market

December 14, 2020 Troverie took its name from the word trove, which Google defines as a “store of valuable or delightful things.” And for a while, watch execs were hoping for delightful things from Troverie. The e-tailer, which sold only authorized timepieces supplied by authorized retailers, let watch companies sell product online in a multibrand environment that wasn’t the gray market. Over two dozen independent jewelers joined its retail network, excited to sell certain brands online that they never could before. When Troverie debuted in August 2018 with 800 models from 16 brands, some hailed its model as a game changer. Said Breitling CEO Georges Kern in a release announcing its launch, “The watch industry has been desperate for an omnichannel sales vehicle led by true experts to properly bridge the gap between online and in-store sales.”

Florida man pays past-due utility bills for 114 families at risk of having heat and power cut off

Michael Esmond, 74, donated $7,600 to pay 114 residents past due utility bills Most of the people he helped were in danger of having their utilities shut off  In 2019, he had donated $4,600 to help 36 households in the same situation  Esmond said the gesture had more meaning this year, due to the impact of coronavirus and the damage done by September s Hurricane Sally  He said he chose to donate his money to paying off utility bills because he had once had his heat cut off in the 1980s  At the time, he was raising three kids and temperatures dropped to single digits

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