Latest news with #MarkGibson
Business Wire
05-06-2025
- Business
- Business Wire
Barings Provides $548.5 Million Loan to Refinance National Multifamily Portfolio Developed by Thompson Thrift
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's largest diversified real estate investment managers, today announced it has provided a $548.5 million loan to refinance a portfolio of nine multifamily communities totaling more than 2,500 units across six states: Arizona, Colorado, Missouri, Minnesota, Michigan, and Florida. The portfolio is owned by Thompson Thrift, a nationally recognized real estate development firm, which delivered the assets between Q1 2024 and Q2 2025. 'We're excited to partner with Thompson Thrift, a proven leader in the development of Class A multifamily product,' said Daniel Hedgepeth, Director at Barings. 'This portfolio represents the type of high-quality, well-located real estate we seek to finance—backed by experienced sponsorship and well-positioned for strong performance in today's market.' The properties range from 91 to 344 units and feature luxury amenity packages and premium interior finishes. Each community is strategically located near major retail corridors and employment hubs, reinforcing long-term demand in high-growth multifamily markets. JLL Capital Markets served as exclusive advisor to Thompson Thrift on the transaction. The team was led by Mark Gibson, Matthew Lawton, Danny Kaufman, Medina Spiodic, and Mackenzie Jones. This financing expands Barings' $23.79 billion* real estate debt platform, which leverages the firm's direct origination capabilities and deep credit expertise to invest in loans secured by institutional-quality commercial real estate. About Barings Barings is a $442+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets, and capital solutions. *Assets under management as of March 31, 2025 About Thompson Thrift Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2025 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace. For more information, please visit About JLL For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit
The National
13-05-2025
- Automotive
- The National
Why people are travelling from the US to visit this Fife cobbler
Mark Gibson got his start in the trade just before the turn of the decade, after landing a job at Timpson in the city's Asda Halbeath. After learning from a fifth generation cobbler, and developing a passion for shoe restoration, Gibson decided to launch a YouTube Channel, Cobbler G. He said: 'Originally, I wanted to show my wife and family what I actually do at work. Mr Gibson has amassed over 20 million views on his YouTube channel, (Image: Submitted) 'I wasn't expecting it to go anywhere, but it took on its own path and I got really into it. I love the process of filming and editing, which goes back to my younger days of skating.' His videos showing the repair process have now amassed over 20 million views, earning the 35-year-old father 81,000 subscribers. It's drawn in customers from far and wide, with one Canadian fan using a work conference in London as a chance to nip up north and have Gibson fix his beloved boots. Another person from Georgia, USA, came to Gibson's Edinburgh Timpson branch with two pairs to complete over a two-day trip. Gibson said: 'Matt had been watching my channel for a couple of years and decided he would bring two pairs of vintage shoes to be restored. 'He came when we had a huge storm, and I had to close on one of the days meaning that I only had around eight hours to do both pairs. 'It was tight, but I got there in the end. I try and take it easy because when you're stressed that's when you make mistakes. 'It's all the small details that are the longest, but those are the things that make a big difference to the end product.' Gibson discussed why people choose to have a pair restored instead of buying new. He said: 'I've heard a couple of people say, 'when your tyre goes out, you don't buy an entire new car.' 'It's the same with shoes, often there's no reason to throw the pair out when you can just replace the soles. 'We live in a throwaway culture where most people buy cheap China made shoes then chuck them out, but if you buy for quality they can literally last a lifetime. 'Most of it comes to sentimental value. Often, it's been passed down through the family and they want to keep them alive. 'Everybody has a pair that they've loved, and seeing them be brough back to life is quite a cool thing. 'Sometimes I don't tell the customers I'm doing a video, and then it shows up when I send them an email.' Often people bring in shoes to be repaired when it would be cheaper to buy a new pair. However, Gibson explained that it often comes down to the fact that they are no longer in production. He added: 'The oldest pair of shoes I've done were from the 1960s and the oldest pair of boots were World War Two cavalry boots that were actually used during battle. The World War Two boots had been passed down through generations. (Image: Submitted) 'They had been passed down through the generations, so there was a lot of pressure there. These things aren't made anymore and are pretty much an antique. 'I'll work on one shoe at a time, so I know how it's put together. I'll break them down in reference to the original so I can match it up as closely as possible.'
Yahoo
15-04-2025
- Yahoo
Bristol, Tenn. Police Department receives TLEA accreditation status
NASHVILLE, Tenn. (WJHL) — The Tennessee Law Enforcement Accreditation (TLEA) Program granted accreditation status to the Bristol, Tennessee Police Department. The police department received this accreditation during the Tennessee Association of Chiefs of Police meeting in Nashville on April 9. The police department accomplished TLEA accreditation by meeting the criteria that measured the level of professionalism, organization and overall readiness in law enforcement policy and procedures. This is the fifth TLEA award this department has received. 'The standard of excellence that is met through this process is to be admired. We are proud to recognize the hard work of the Bristol Tennessee Police Department, its staff, and community leaders,' TACP President Mark Gibson said. To achieve TLEA accreditation, agencies voluntarily submit a three-year process that enhances the professionalism and effectiveness of the agency using the 164 law enforcement standards. The standards used aid in evaluating the agency's policies in various areas such as organizational, operational and budget management practices. The TLEA program is intended to encourage cooperation, recognize professional standing, develop professional services and ensure public safety throughout Tennessee. 'I believe being an accredited agency means each member of the Bristol Tennessee Police Department is devoted to providing professional services to every person and each day will continue to provide service and protection to all citizens and visitors of Bristol, Tennessee,' Bristol Police Chief Matt Austin said. The program was created under the authority and direction of the TACP, which endorses and supports the improvement of law enforcement and emergency communications operations and maintains the framework for equal access to effective and comprehensive polices for Tennessee law enforcement. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
27-03-2025
- Business
- Yahoo
JLL acquires renewable energy banking firm Javelin Capital
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Global real estate services company JLL has completed an acquisition of renewable energy banking firm Javelin Capital, JLL announced Monday. The details of the acquisition were not immediately disclosed, but JLL expects the transaction 'to close shortly' after it obtains regulatory approval, according to the press release. Javelin Capital offers mergers and acquisition, restructuring, capital raising, debt and corporate finance services for the clean energy sector. The renewable energy investment bank will join JLL's capital markets division for the Americas, under Mark Gibson, the March 24 release said. JLL said it was acquiring Javelin Capital because it sees 'unprecedented growth' in the clean energy sector and the acquisition will 'significantly enhance' the company's capabilities in the U.S. energy and infrastructure markets and complement its expertise in Europe and Asia. JLL, a Fortune 500 real estate and investment management company, has previously executed more than 150 deals and has participated in transactions worth $20 billion in Europe and Asia's energy and infrastructure capital markets, according to the release. The commercial real estate firm said the new deal positions the company 'to serve as a globally connected capital advisor in energy and infrastructure' and service large infrastructure investors. JLL said its research arm has found that clean energy is becoming the 'most cost-effective choice of fuel' as regions around the world are deploying more renewable energy. This 'surge in activity' has created the right equation for JLL to expand its offerings in the energy and infrastructure markets, according to the company. 'Welcoming Javelin Capital to the JLL team expands our ability to guide clients with end-to-end support through the clean energy transition,' JLL Capital Markets CEO Richard Bloxam said in the release. 'This acquisition allows us to help clients realize the advantages of renewable, clean energy.' The growth in the renewable energy sector has been fueled by 'increasing demand, tightening regulations, technological advancements and the compelling economics of renewable energy,' JLL said in the release. Because of the sector's growth, the firm sees opportunity in the market for companies like Javelin Capital, with expertise in raising capital and providing advisory services for project financing and companies on the buy-side and sell-side. The New York City-headquartered Javelin Capital was founded in 2017 and has 16 employees and a Chicago office. The investment firm focuses on renewable energy, storage and green chemistry projects, as well as the energy transition more broadly, according to its website. Javelin Capital has since acquired a solar and storage portfolio with 2.4 gigawatts of capacity through a bankruptcy sale and a 27 megawatt solar project so far in the first quarter of this year. Javelin Capital Founder and Managing Partner Jason Segal said the company is looking forward to joining JLL to collectively expand the companies' reach in the sectors. Javelin Capital CEO and Managing Director Matt Eastwick added that the firm 'will be able to provide clients with our domain expertise in the energy transition, driving to shape a greener future of spaces for the built environment." The acquisition is JLL's first of this year, according to the company's acquisition history, and comes a few months after the real estate firm established an U.S. energy advisory and sustainability practice in January. This practice provides engineering, finance and procurement, energy modeling, project and program management advising, to help companies meet their sustainability goals. Recommended Reading JLL establishes energy advisory and sustainability practice Sign in to access your portfolio
