Press release content from Business Wire. The AP news staff was not involved in its creation.
Highgate Launches Expanded Receivership Services
February 16, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 16, 2021
Highgate, the premier global real estate investment and hospitality management company, announces its receivership and loan resolution capabilities with the formation of a dedicated team that brings decades of expertise as court-appointed receivers and operators for hotels with distressed assets requiring lender involvement. The platform will be led by industry veterans Richard Millard and Joseph Klam.
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“Our team brings unparalleled experience to complex assets across all hospitality verticals and unique market situations, providing thorough counsel and execution throughout the process,” said Richard Millard, Managing Director at Highgate. “In every stage of the asset lifecycle, we are a trusted partner to lenders, owners and other interested parties in recov
Press release content from Newswire. The AP news staff was not involved in its creation.
Ellavoz Impact Capital and New Jersey Community Capital Launch Ellavoz Shared Values Opportunity Fund III
February 16, 2021 GMT
NEWARK, N.J. - February 16, 2021 - ( Newswire.com )
New Jersey Community Capital (NJCC) and Ellavoz Impact Capital announced today the launch of the Ellavoz Shared Values Opportunity Fund III. The $50 million fund will focus on investing in affordable residential housing projects and mixed-use commercial developments in New Jersey Opportunity Zones. To date, 17 New Jersey and four Florida communities have been targeted for investment. The Fund is focused on single family and multifamily properties that retain affordability as well as selected commercial real estate development that create and preserve quality jobs. The Fund embraces a “Shared Values” investment strategy - that social impact of all investments are weighed equally with the need for a market rate ri
Press release content from Business Wire. The AP news staff was not involved in its creation.
Athersys Announces Cooperation Agreement With HEALIOS K.K.
February 16, 2021 GMT
CLEVELAND (BUSINESS WIRE) Feb 16, 2021
Athersys, Inc. (NASDAQ: ATHX), a regenerative medicine company developing MultiStem ® cell therapy, today announced that it has entered into a cooperation agreement with HEALIOS K.K. (“Healios”), the Company’s largest shareholder and one of its commercial partners, and Dr. Hardy TS Kagimoto, a member of the Company’s Board and the Chairman and Chief Executive Officer of Healios. The cooperation agreement is intended to reaffirm the mutual commitment to collaborative development of MultiStem in Japan.