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Closure of popular restaurant marks latest change to South Knoxville's Sevier Avenue area
Closure of popular restaurant marks latest change to South Knoxville's Sevier Avenue area

Yahoo

time20-05-2025

  • Business
  • Yahoo

Closure of popular restaurant marks latest change to South Knoxville's Sevier Avenue area

KNOXVILLE, Tenn. (WATE) — A South Knoxville staple announced Monday that it will be closing its doors next month after eight years. One of the owners of Landing House on Sevier Avenue made the announcement on social media, saying 'shabby little neighborhood we once knew is unrecognizable.' One South Knoxville resident spoke with 6 News about seeing all the changes. 'I think it's good having people move down here but having some apartments built on in some spaces by the waterway, it's been a little frustrating,' resident Eric Thompson said. 'The prices of the apartments are expensive, really driving out and I think gentrifying the area and also polluting the river by destroying the trees over there.' South Knoxville business fears for survival amid bridge closure, Sevier Avenue project Like much of Knox County, the growth of South Knoxville has created rising demand for more housing and infrastructure improvements. One of those changes is happening right in front of the restaurant with a roundabout being built to as part of the Sevier Avenue Streetscape Project that began in January. Thompson said that seeing that business go is sad. 'I've definitely gone there several times, their Pho was amazing,' Thompson said. 'I think one of the things that excited me as a business was they were very queer-friendly and they got a lot of backlash for that. Just seeing a group of people leaving that space and wondering what is going to take its place.' Thompson said he is excited to see what the future of Sevier Avenue looks like once all the construction is complete. ▶ See more top stories on 'I think even back to transportation and what this is going to look like, it excites me that there is going to be a roundabout I feel like that would be traffic calming,' Thompson added. 'Hopefully when they reopen the Gay Street bridge it will open up a higher density population to be able to walk downtown. I think what is hopeful for me is that we start treating more of Knoxville like a higher density city that isn't car centric.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025
KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

Yahoo

time16-05-2025

  • Business
  • Yahoo

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

NEW YORK, May 16, 2025--(BUSINESS WIRE)--KBRA, a global full-service credit rating agency, is pleased to announce that it was named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025. The recognition was presented at an awards ceremony held on May 15 in New York. The award honors KBRA's industry leadership in the asset-backed securities (ABS) market, where the agency continues to stand out for its transparent and practical approach to credit ratings, a deep understanding of both traditional and esoteric ABS asset classes, and consistent responsiveness to investors and issuers. "KBRA has been at the forefront of bringing analytical clarity to newer and more complex ABS asset classes, including fiber networks and digital infrastructure, music royalty, and data center securitizations," said Eric Thompson, Global Head of Structured Finance Ratings at KBRA. "These transactions often require a cross-disciplinary approach, and KBRA's ability to bring together sector experts from across its numerous rating teams has been essential in developing thoughtful, well-reasoned credit opinions. This collaborative model, combined with a commitment to clear and timely research, continues to set KBRA apart as esoteric ABS grows in both volume and significance." KBRA has become a leading voice in the ABS space, helping shape investor expectations through must-read pre-sale reports, timely research, and a willingness to challenge convention when necessary. In 2024 alone, KBRA issued hundreds of new issue ABS ratings across a wide array of asset classes. "This award is a result of the team's discipline, tenacity, and commitment to transparency in an ever-evolving market," said Yee Wong, Lead Analytical Manager for Structured Finance Ratings at KBRA. "Our analysts put in the work to understand the unique attributes of each ABS deal and share our insights with the market—whether it's a core consumer ABS or an emerging asset class. That attention to detail and open dialogue with market participants are what set us apart." "We know investors value not just the ratings, but timely insights into the analytical considerations that drive our credit opinions," Thompson said. "Whether it's a solar ABS, a whole business deal, or a consumer loan platform, our analysts are available, our reports are rich with context, and our approach is grounded in transparency and real-world expertise." GlobalCapital's U.S. Securitization Awards honor outstanding achievements across structured finance. Winners are determined through a combination of industry nominations, GlobalCapital's editorial insight, and a public voting process. To learn more about what sets KBRA's ABS ratings apart, visit About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009475 View source version on Contacts Media Contact Adam Tempkin, Senior Director of Communications+1 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025
KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

Business Wire

time16-05-2025

  • Business
  • Business Wire

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

NEW YORK--(BUSINESS WIRE)--KBRA, a global full-service credit rating agency, is pleased to announce that it was named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025. The recognition was presented at an awards ceremony held on May 15 in New York. The award honors KBRA's industry leadership in the asset-backed securities (ABS) market, where the agency continues to stand out for its transparent and practical approach to credit ratings, a deep understanding of both traditional and esoteric ABS asset classes, and consistent responsiveness to investors and issuers. 'KBRA has been at the forefront of bringing analytical clarity to newer and more complex ABS asset classes, including fiber networks and digital infrastructure, music royalty, and data center securitizations,' said Eric Thompson, Global Head of Structured Finance Ratings at KBRA. 'These transactions often require a cross-disciplinary approach, and KBRA's ability to bring together sector experts from across its numerous rating teams has been essential in developing thoughtful, well-reasoned credit opinions. This collaborative model, combined with a commitment to clear and timely research, continues to set KBRA apart as esoteric ABS grows in both volume and significance.' KBRA has become a leading voice in the ABS space, helping shape investor expectations through must-read pre-sale reports, timely research, and a willingness to challenge convention when necessary. In 2024 alone, KBRA issued hundreds of new issue ABS ratings across a wide array of asset classes. 'This award is a result of the team's discipline, tenacity, and commitment to transparency in an ever-evolving market,' said Yee Wong, Lead Analytical Manager for Structured Finance Ratings at KBRA. 'Our analysts put in the work to understand the unique attributes of each ABS deal and share our insights with the market—whether it's a core consumer ABS or an emerging asset class. That attention to detail and open dialogue with market participants are what set us apart.' 'We know investors value not just the ratings, but timely insights into the analytical considerations that drive our credit opinions,' Thompson said. 'Whether it's a solar ABS, a whole business deal, or a consumer loan platform, our analysts are available, our reports are rich with context, and our approach is grounded in transparency and real-world expertise.' GlobalCapital's U.S. Securitization Awards honor outstanding achievements across structured finance. Winners are determined through a combination of industry nominations, GlobalCapital's editorial insight, and a public voting process. To learn more about what sets KBRA's ABS ratings apart, visit About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009475

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025
KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

Yahoo

time16-05-2025

  • Business
  • Yahoo

KBRA Named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025

NEW YORK, May 16, 2025--(BUSINESS WIRE)--KBRA, a global full-service credit rating agency, is pleased to announce that it was named ABS Rating Agency of the Year at GlobalCapital's U.S. Securitization Awards 2025. The recognition was presented at an awards ceremony held on May 15 in New York. The award honors KBRA's industry leadership in the asset-backed securities (ABS) market, where the agency continues to stand out for its transparent and practical approach to credit ratings, a deep understanding of both traditional and esoteric ABS asset classes, and consistent responsiveness to investors and issuers. "KBRA has been at the forefront of bringing analytical clarity to newer and more complex ABS asset classes, including fiber networks and digital infrastructure, music royalty, and data center securitizations," said Eric Thompson, Global Head of Structured Finance Ratings at KBRA. "These transactions often require a cross-disciplinary approach, and KBRA's ability to bring together sector experts from across its numerous rating teams has been essential in developing thoughtful, well-reasoned credit opinions. This collaborative model, combined with a commitment to clear and timely research, continues to set KBRA apart as esoteric ABS grows in both volume and significance." KBRA has become a leading voice in the ABS space, helping shape investor expectations through must-read pre-sale reports, timely research, and a willingness to challenge convention when necessary. In 2024 alone, KBRA issued hundreds of new issue ABS ratings across a wide array of asset classes. "This award is a result of the team's discipline, tenacity, and commitment to transparency in an ever-evolving market," said Yee Wong, Lead Analytical Manager for Structured Finance Ratings at KBRA. "Our analysts put in the work to understand the unique attributes of each ABS deal and share our insights with the market—whether it's a core consumer ABS or an emerging asset class. That attention to detail and open dialogue with market participants are what set us apart." "We know investors value not just the ratings, but timely insights into the analytical considerations that drive our credit opinions," Thompson said. "Whether it's a solar ABS, a whole business deal, or a consumer loan platform, our analysts are available, our reports are rich with context, and our approach is grounded in transparency and real-world expertise." GlobalCapital's U.S. Securitization Awards honor outstanding achievements across structured finance. Winners are determined through a combination of industry nominations, GlobalCapital's editorial insight, and a public voting process. To learn more about what sets KBRA's ABS ratings apart, visit About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009475 View source version on Contacts Media Contact Adam Tempkin, Senior Director of Communications+1 Sign in to access your portfolio

Ski Santa Fe ending season week early due to warm weather
Ski Santa Fe ending season week early due to warm weather

Yahoo

time25-03-2025

  • Climate
  • Yahoo

Ski Santa Fe ending season week early due to warm weather

A ski season that began with a great deal of excitement and optimism will come to a premature end this weekend as Ski Santa Fe officials announced Monday they are pushing up the closing date by a week and will shut down Sunday. The early closing was attributed to warm temperatures and rapidly diminishing snow, according to a news release. Temperatures in the Santa Fe area are expected to be in the high 60s or low 70s for much of the week, according to the National Weather Service. Eric Thompson, Ski Santa Fe marketing director, acknowledged the end to this year's season is a bit of a disappointment, given the way things started in November. A heavy snowstorm earlier that month prompted officials to open the ski area on Nov. 23, the first early opening since 2001. 'I think we had a great season,' he said, adding it is unfortunate to end a week early. But that didn't spoil things for visitors who ventured up the mountain this season, Thompson said, despite a winter where snow was a relative rarity across most of Northern New Mexico. 'All in all, we're happy with how the season went, despite the lack of great snow conditions,' Thompson said. The season was buoyed by the ski area's new quad chairlift, the Santa Fe Express, which ferried skiers and snowboarders up the mountain in four minutes, as opposed to the 10-minute ride on its predecessor, the Super Chief. Thompson said the opening of the Santa Fe Express was a game changer fof skiers. 'Even on our busiest days, we saw very few lift lines,' he said. 'It was much quicker.' The resort was still reporting a 38-inch base Monday morning with 89% of terrain open. 'The coverage is really, really good on the beginning and intermediate terrain,' Thompson said. 'It's getting a little thin on the advanced terrain. But I think people will enjoy coming out this weekend and getting in a few last runs.' Ski Santa Fe will mark the end of the season with a beach party Sunday at Totemoff's Bar & Grill, an event that will feature music by Half Broke Horses. Anyone who has purchased lift tickets or signed up for lessons from March 31 through April 6, when the ski area originally planned to close, can pursue a refund at Those who experience an issue processing their refund or have questions can call 505-982-4429 or email info@ The Santa Fe Express will be open for fall foliage viewing in September. Thompson said Ski Santa Fe was unable to offer those rides last fall because of construction of the new lift. The ski area's big project this offseason will be the construction of the new Easy Street Quad lift for beginner skiers. Thompson said work on that lift would begin as soon as this season ends and will likely take all summer. 'It will be a pretty large undertaking,' he said. Those who already are thinking about the 2025-26 season at Ski Santa Fe will be able to purchase a season pass beginning Sept. 1, according to the release. Those who purchased a pass for the 2024-25 season are asked to retain their passes, which can be reloaded for the new season.

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