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Dwight Capital and Dwight Mortgage Trust Finance Over $246 Million in Multifamily and Healthcare Properties in August 2023

NEW YORK, NY - Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed over $246MM in real estate financings during August. Featured among the transactions are a $62MM construction loan for The Village at Compass Pointe, a $44MM bridge refinance for Timberview Apartments, and a $29.5MM bridge loan for a five-property healthcare portfolio in the Midwest. Dwight Mortgage Trust provided a $62MM construction loan for The Village at Compass Pointe, a 268-unit...
United States David Glazer Adam Offman Cushman Wakefield Dwight Mortgage Dwight Capital

COMMUNITY IN BLOOM: REYNOLDS ASSET MANAGEMENT UNVEILS FIRST COMPLETED APARTMENTS AT VIOLET ESTATES

Reynolds Asset Management (Reynolds), in partnership with Circle Squared Alternative Investments, unveiled the first phase of completed apartments at its Violet Estates property, a new active-adult community in Poughkeepsie, NY on April 26, 2022 with a ribbon cutting ceremony. To commemorate the occasion, remarks were given by Dutchess County Regional Chamber of...
Jeffrey Sica Lynne Versaci Sarah Lee Lou Reynolds Jon Jay Baisley Frank Castella

PRECIOUS-Gold scales 3-1/2 month peak on subdued stocks, U.S. yields

* Platinum market will be undersupplied this year -WPIC * Silver hits highest in nearly three months (New throughout, updates prices, market activity and comments) May 17 (Reuters) - Gold prices climbed on Monday to their highest in more than three months, with the precious metal appealing to cautious investors as U.S. Treasury yields remained subdued even as stock prices fell on inflation worries. Spot gold jumped 1.3% to $1,866.84 per ounce by 1:50 p.m. EDT (1750 GMT), after hitting its highe...
Eli Tesfaye Jeffrey Sica Sumita Layek Steve Orlofsky Alistair Bell Thomson Reuters Trust Principles

Stocks fall as tech shares weigh, gold climbs

NEW YORK: Stock indexes were lower globally on Monday with technology shares on Wall Street falling, while US Treasury yields traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York state. Concerns over inflationary pressure helped to lift gold prices to their highest in more than three months, however. The Empire State Manufacturing Survey, produced by the New York Fed, showed the prices paid index rose to a record 83.5, the hi...
New York United States Eli Tesfaye Jeffrey Sica Elon Musk Greg Marcus

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Macro Roundup (May 14)_SMM | Shanghai Non ferrous Metals

Macro Roundup (May 14) CST Source:SMM The dollar held steady near week highs on Thursday after the US Labor Department reported higher producer prices in April, further evidence that inflation is rising in the United States. SHANGHAI, May 14 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today. The dollar held steady near week highs on Thursday after the US Labor Department reported higher producer prices in April, further evidence that inflation is r...
United States Jeffrey Sica Federal Reserve Labor Department Wall Street Dow Jones Industrial Average
Source: metal.com

Gold price today at Rs 50,030 per 10 gm, silver trending at Rs 67,800 a kg

Gold price on Friday was fell to Rs 50,030 for 10 gm from Rs 50,120 and silver price is trending at Rs 67,800 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold is at Rs 45,860 per 10 gm, while in Chennai it fell to Rs 43,630. The rate in Mumbai was Rs 44,850 according to the website. The price of 24-carat gold in Chenna...
New Delhi Tamil Nadu Jeffrey Sica Good Returns Circle Squared Alternative Gold Prices

Dubai gold price: Is this a good time to buy?

Dubai gold price: Is this a good time to buy? Globally, spot gold inched down 0.24 per cent. Global spot gold prices dipped slightly on Thursday while Dubai retail prices of the precious metal remained changed on Thursday morning. Globally, spot gold inched down 0.24 per cent to $1,739.76 per ounce at 9.10am UAE. While US gold futures fell 0.3 per cent to $1,736.50 per ounce. In Dubai, 24K retail gold price was unchanged at Dh210.75 per gram. While 22K, 21K and 18K prices stood at Dh198, Dh188....
United Arab Emirates Jeffrey Sica Circle Squared Alternative ஒன்றுபட்டது அரபு அமீரகங்கள் ஜெஃப்ரி ஸீக வட்டம் ஸ்கொயர் மாற்று

Gold eases on swift recovery bets as focus turns to Fed Reserve minutes

By Shreyansi Singh (Reuters) - Gold prices fell on Wednesday as strong economic data from the United States bolstered hopes of a swift recovery, with focus also turning to minutes from the Federal Reserves last policy meeting for monetary policy cues. Spot gold fell 0.3% to $1,738.35 per ounce by 10:26 a.m. EDT (1426 GMT). U.S. gold futures were down 0.2% at $1,739.90. "The gold market is looking at an economy thats recovering much quicker than anyone anticipated, which could change the sta...
United States Jeffrey Sica Sumita Layek Bernadette Baum Carsten Fritsch Shreyansi Singh

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