MAITLAND, FL - The Allen Morris Company (AMCO), one of the largest diversified real estate firms in the Southeast, announced the $47.5 million refinancing of Maitland City Centre in Maitland, Fla. Maitland City Centre is a mixed-use community located just north of Orlando, consisting of 244 residential apartments and 33,500 square feet of retail space.
The new loan was provided by New York Life Insurance Company and replaced the existing construction loan provided by Truist and TD Bank. The refinancing allows ownership to continue executing its business plan on this Class A asset. Walker & Dunlop assisted the partnership with the refinancing process.
“We are thankful to Truist and TD Bank for their confidence in The Allen Morris Company, which allowed us to develop this new city center for the City of Maitland, and are equally pleased to begin a new relationship with New York Life Insurance Company,” said W. Allen Morris, Chairman & CEO of The Allen Morris Company. “One of
Jan. 3, 1945 – Dec. 26, 2020
On Saturday, Dec. 26, 2020, Van Barker, 75, of Natchitoches passed away with his family by his side after a long battle with cancer. Van was born Jan. 3, 1945, in Natchitoches. He was the oldest of five children born to Thomas “Tom” and Willa Vee Barker.
He was preceded in death by his parents and his grandparents, Willie Hugh and Avey Nugent and William Pinkney and Daisy Barker.
Van attended Northwestern Lab School, Natchitoches High School and Northwestern State College. It was at Northwestern that he met the love of his life, Linda, and they were married Jan. 30, 1965. As a music major, he was able to continue his love of the cello that began in the Natchitoches High Orchestra. He later performed with the Natchitoches-Northwestern Symphony Orchestra, as well as symphonies in Shreveport, Atlanta, Rome, and Gainesville, Ga.
New York Life Completes Acquisition of Cigna’s Group Life and Disability Insurance Business
Acquisition enhances New York Life’s portfolio of strategic businesses, contributes to financial strength, and increases value for clients, producers, and policy owners
Group Life and Disability Business Rebranded
New York Life Group Benefit Solutions
NEW YORK–(BUSINESS WIRE)–New York Life, America’s largest mutual life insurer
1, today announced the completion of the company’s acquisition of Cigna’s group life, accident, and disability insurance business. The $6.3 billion acquisition, which was first announced on December 18, 2019, adds approximately 3,000 employees, over nine million customers
2, and enhances New York Life’s portfolio of strategic businesses, which support the core retail life insurance franchise and bolster the company’s financial strength. The new business will be rebranded New York Life Group Benefit Solutions.
IndexIQ 2021 Outlook: New Year, New Administration, New Normal?
By Salvatore Bruno, Chief Investment Officer, Managing Director, IndexIQ
The calendar is turning but the issues that have dominated the markets are likely to persist at least into the early part of the New Year. The good news: coronavirus vaccine distribution is underway worldwide. The less good news: there are still several more months of winter to wade through, so that the virus will be with us for a while, and those industries directly impacted by the lockdowns – travel and leisure, for example – will likely continue to struggle.
In spite of this, we see the cyclical recovery continuing and possibly even accelerating as the year goes on. The risk to investors is that an improving economy generates excessive enthusiasm and that the equity market, as a discounting mechanism, gets too far ahead of itself on lofty expectations, triggering a correction. To put it succinctly, investors should be on the lookout for
New York Life Launches New Online Portal for Long-Term Care Policy Owners businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.