Latest news with #MarkFreeman
Business Wire
4 days ago
- Business
- Business Wire
LendingPoint Launches New Loan Flow Programs With First Issuance of Passthrough Securities Program
ATLANTA--(BUSINESS WIRE)--LendingPoint, the award winning, AI-driven fintech facilitating consumer credit origination and loan servicing, announced its closing of the first loan flow program established under a new passthrough securities issuance program. Dan Shuntich stated, 'Seeing new investor participation in our loan originations is testament to the resiliency of the platform and of our view that consumer credit performance continue to be an attractive investment.' The loan flow program marks the first loan sales since LendingPoint revitalized their loan marketplace offerings with a new management team and credit tiers spearheaded by Chief Financial Officer and interim CEO Mark Freeman and Chief Risk Officer Dan Shuntich. The passthrough securities are a simplified way for investors to access and manage LendingPoint personal loan investments while also having the operational ease of securities ownership. 'It is exciting to bring new investors into our platform and to have them see the progress we have made over the last year,' said Mark Freeman. 'Our platform is poised to meaningfully scale our consumers access to credit and provide institutional investors an attractive entry point to consumer credit investments.' Dan Shuntich stated, 'Seeing new investor participation in our loan originations is testament to the resiliency of the platform and of our view that consumer credit performance continue to be an attractive investment.' Performance Trust Capital Partners functioned as sponsor of the securities issuance. 'We are pleased to bring to market the first of a series of issuances for LendingPoint,' said Paul Limanni, Managing Director and Co-Head of Capital Markets at Performance Trust Capital Partners. 'We believe LendingPoint has a compelling mix of credit and scale, and we look forward to helping more investors gain exposure to the platform.' About LendingPoint LendingPoint is an award-winning, AI-driven online loan origination and servicing platform that provides financing solutions for consumers and lending institutions. The company's fraud prevention, risk, and asset management algorithms are used to create financial opportunity across the credit spectrum. In 2023, LendingPoint was recognized as the Best Consumer Lending platform by Finovate and was named to the Inc. 5000 list of fastest-growing private companies for four consecutive years. LendingPoint has been honored on Deloitte's Technology Fast 500 annual list for five consecutive years and recognized as one of the top 40 fastest-growing companies in Atlanta by the ACG. LendingPoint has also been named one of the Best Places to Work by the Atlanta Business Chronicle. LendingPoint is a privately held company headquartered in metro Atlanta with an office in Dallas. LendingPoint, LLC owns and operates the LendingPoint platform.
Business Journals
25-07-2025
- Business
- Business Journals
JPMorgan subsidiary buys Midtown Manhattan apartment high-rise for $244M
Story Highlights JPMorgan subsidiary acquires Riverbank tower for $243.5 million. Barings sold 44-story apartment building after 30-year ownership. Property features 418 units and 18,000 square feet of retail space. A JPMorgan Chase & Co. subsidiary has paid nearly $244 million to acquire the Riverbank apartment high-rise in Midtown West. Real estate investment manager Barings sold the recently renovated 44-story building at 560 W. 43rd St. to J.P. Morgan Investment Management Inc. for $243.5 million, according to New York City property records made available Friday. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 'Barings has been proud to provide Class A housing to New Yorkers over the last 30 years at this property and to deliver meaningful value to our investors through this transaction," said Mark Freeman, managing director at Barings, in a statement. Affiliates of Barings' parent company, Massachusetts Mutual Life Insurance Co., had owned the site near Hell's Kitchen since 1991, records show. Initially built in the 1980s, amenities at the 418-unit property now include a swimming pool, gym, sauna, outdoor terrace, grilling stations, residential lounge, media room and coworking space. The building also has 18,000 square feet of retail space, which is fully occupied by a nail salon, liquor store and coffee shop, as well as below-grade parking garage. JLL's Jeffrey Julien, Rob Hinckley, Andrew Scandalios, Steven Rutman and Devon Warren represented Barings in the sale of the property. The firm's Kelly Gaines, Geoff Goldstein and Michael Shmuely also arranged $128 million in acquisition financing with Freddie Mac on behalf of JPMorgan. JLL took note of the site's proximity to Hudson Yards, the city's most expensive office submarket by more than $26 per square foot, according to Avison Young. "The location puts the building's primarily young and well-educated residents right next to one of the city's most vibrant business hubs," JLL said in the statement. JPMorgan Investment Management Inc. declined to comment on the acquisition. Sign up for the Business Journal's free daily newsletter to receive the latest business news impacting New York.
Daily Record
19-07-2025
- Automotive
- Daily Record
Drivers hit with £300 fine and points for common moving house mistake
Motorists could land themselves in trouble if they are caught breaking this rule. Moving house is already one of life's most stressful events, and now it's landing some Scots in unexpected driving trouble. A growing number of people are being hit with fines and points on their licence during house moves, not for speeding or dodgy parking, but for something almost all of us do unknowingly. According to DVSA enforcement data, a third of personal cars stopped for weight checks are found to be overloaded, triggering immediate roadside bans, fines, or penalty points. Mark Freeman, home moving expert at South Park House Removals, said: 'It's easy to think you can cram everything into your car, but overloading puts you and others at serious risk. It affects braking, handling, and tyre safety, and most drivers don't realise it's actually illegal. "You could face a £300 fine and points on your licence just for trying to do it all yourself.' Every car has a Maximum Authorised Mass (MAM), the total weight your car is legally allowed to carry. Drivers can usually find it on the VIN plate, often inside the driver's door or under the bonnet. Most people don't know their car's weight limit, and fewer ever consider the combined weight of boxes, furniture, passengers and even pets when moving house. It's a lot easier to go over the MAM than you'd think. If you're planning a DIY move, here's how to avoid a costly mistake Know your weight limit - Check your vehicle's Maximum Authorised Mass (MAM) on the VIN plate or in the manual, don't guess. Don't overload - Avoid combining heavy boxes, furniture, or appliances with a full car of passengers. Distribute weight evenly - Don't stack everything on one side or overload the roof; it can affect balance and handling. Consider hiring a removals van - It's often cheaper than a £300 fine, and far less stressful than squeezing everything into a car. Extra tips for moving day Leave a clear rear view - It's tempting to fill every inch of space, but blocking your rear window can get you pulled over and seriously affect visibility. Pack an essentials bag - Include chargers, snacks, meds, keys, and documents, and be sure to keep it in the front with you, not buried in the boot. Use straps or bungee cords - Loose boxes or furniture in the back seat can become dangerous in a sudden stop. Strap anything tall or heavy down securely. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. During last week's hot weather, drivers were advised to remove four common items from their cars. The first thing motorists were told to remove was bottled water. This is an easy item to accidentally leave behind, but failing to remove can have serious consequences. As temperatures rise, chemicals from the plastic bottle can leach into the water, making it less safe to drink. In some extreme cases, they can magnify sunlight and could cause a fire inside a car. Medicine, sun cream and batteries should also be removed from vehicles when temperatures soar.
Yahoo
02-06-2025
- General
- Yahoo
Mesa works to preserve Arizona's fading citrus history
The Brief FOX 10's Steve Nielsen catches up with Mesa Mayor Mark Freeman about the city's effort to preserve one of the Cs that Arizona is known for – citrus. He says protecting Arizona's agriculture is important and that the city stands ready to preserve it. MESA, Ariz. - Arizona was founded on the five Cs: copper, cattle, cotton, citrus and climate. As time has moved on, citrus has fallen off, but the city of Mesa is trying to preserve that part of our agricultural history. What we know More than 200 acres are tucked away in the city of Mesa at Gene Autry Park. "These are one of the last bastions here of citrus here in the East Valley," Mesa Mayor Mark Freeman said. "Ironically, this area is one of the last city of Mesa-owned orchards. We're here at Gene Autry Park. These trees are well over 90 years old." The land these oranges are grown on can't be used for much else. "We've created a safety zone for the aircraft flying back and forth through Falcon Field, and so this area will always be predominantly citrus," Mayor Freeman said. So citrus it will remain – beautiful, a great smell when they bloom – but also a history lesson growing right in front of our eyes that started in the 1910s. "These orchards were established and, remember, there was nothing out here and this citrus here, it was sent all over the world because, predominantly, the competition was between California, Arizona and Florida," Mayor Freeman explained. Dig deeper Over the years, as Mesa's population has exploded, orange groves have become more and more rare. "The land has become more valuable for development, so the landowners that own their land in citrus today are selling to developers for building homes or other things," Mayor Freeman said. But, these Valencia oranges will remain. Once they're ready, they'll be sold and shipped to Yuma where they'll be squeezed for fresh orange juice. That's the way it will be, because these trees will grow just like the city of Mesa, and they aren't going anywhere. "The protection of our agriculture is so important and Mesa stands ready to preserve that," Mayor Freeman said. What you can do Click here to learn more about Arizona's 5 Cs.
USA Today
21-02-2025
- Sport
- USA Today
Georgia Southern at James Madison odds, tips and betting trends
The James Madison Dukes (18-10, 11-4 Sun Belt) will look to extend a three-game winning streak when they host the Georgia Southern Eagles (14-14, 6-9 Sun Belt) on Saturday, February 22, 2025 at Atlantic Union Bank Center. The game airs at 4:00 PM ET on ESPN+. In this preview, we dig into the James Madison vs. Georgia Southern odds and lines ahead of this game. The Dukes and the Eagles square off with no line currently set for the matchup. James Madison's record against the spread this season is 11-15-0, while Georgia Southern's is 11-17-0. In terms of hitting the over, games involving the Dukes are 10-16-0 and the Eagles are 15-13-0. James Madison has a 5-5 record against the spread while going 8-2 overall in the last 10 contests. Georgia Southern has gone 5-5 against the spread and 5-5 overall in its last 10 contests. As college hoops play continues, prepare for the contest with everything you need to know ahead of Saturday's game. Check out: USA TODAY Sports Coaches Poll James Madison vs. Georgia Southern prediction James Madison 77, Georgia Southern 69 Against the spread James Madison has put together an 11-15-0 ATS record so far this year. Georgia Southern has compiled an 11-17-0 ATS record so far this season. The Dukes put up only 3.6 fewer points per game (73.2) than the Eagles allow (76.8). James Madison has a 5-3 record against the spread and a 9-1 record overall when scoring more than 76.8 points. Georgia Southern is 5-4 against the spread and 6-3 overall when giving up fewer than 73.2 points. The Eagles put up 5.9 more points per game (74.6) than the Dukes allow (68.7). Georgia Southern has put together a 9-10 ATS record and a 12-7 overall record in games it scores more than 68.7 points. James Madison has an ATS record of 9-9 and a 15-5 record overall when its opponents score fewer than 74.6 points. Players to watch James Madison Mark Freeman posts 14.7 points and 3.1 assists per contest — both team highs. He is also averaging 2.5 rebounds, shooting 43.4% from the floor and 33.8% from downtown with 1.8 made 3-pointers per contest. Xavier Brown averages 11.3 points, 3.5 rebounds and 2.7 assists per game. Defensively, he delivers 1.5 steals and 0.1 blocked shots. Elijah Hutchins-Everett is putting up 11.0 points, 0.8 assists and 5.8 rebounds per game. Georgia Southern The Eagles receive 13.1 points, 3.8 rebounds and 2.2 assists per game from Bradley Douglas. Tyson Brown is putting up a team-leading 6.7 rebounds per contest. And he is delivering 7.4 points and 0.9 assists, making 64.4% of his shots from the field. Adante' Holiman is posting team highs in points (17.4 per game) and assists (2.2). And he is contributing 2.0 rebounds, making 41.3% of his shots from the floor and 39.0% from beyond the arc, with 3.4 triples per game (fifth in the country).
