Latest news with #NFM
Yahoo
13-05-2025
- Business
- Yahoo
Great Lakes Capital & NFM Break Ground on 300-Key Highly Curated Full-Service Marriott Hotel Development in Cedar Park, Texas
SOUTH BEND, Ind., May 13, 2025 /PRNewswire/ -- Indiana-based Great Lakes Capital (GLC), in partnership with NFM (Nebraska Furniture Mart) and the City of Cedar Park, proudly celebrated the groundbreaking for a new full-service Marriott hotel and convention center in the heart of CedarView, a premier mixed-use new development in Cedar Park, Texas. This milestone event marks a transformative step in establishing Cedar Park as a vibrant regional hub for economic growth and tourism. This dynamic project will feature a state-of-the-art hotel with approximately 297 guest rooms, a 30,000-square-foot event and meeting space, a full-service restaurant, a breakfast café, and an expansive pool area. With its luxurious amenities and thoughtfully designed spaces, the hotel is set to become a key destination for business and leisure travelers alike. The event featured speakers Ryan Rans from GLC, Cedar Park Mayor Jim Penniman-Morin, NFM Chief Strategy & Development Officer Jeff Lind, and Srinath Kasturi, Executive Vice President with Cadence McShane Construction, the general contractor on the project. Each spoke about the excitement they have for the project and the shared sentiment of how the site will enhance the development of CedarView. "The development of this hotel and convention center in CedarView underscores our commitment to creating vibrant, connected communities that elevate the standard of hospitality," says Ryan Rans, Managing Partner at Great Lakes Capital. "We focus on high-growth, underappreciated markets. This is exactly where we want to be operating, where we have great community partners, strong fundamentals, and leadership with a long-term view." "This isn't just about new development. It's about delivering on a promise to our community. We're putting Cedar Park on the map as a premier destination for meetings, events, and hospitality," said Cedar Park Mayor Jim Penniman-Morin. The mayor's outlook was shared by many as the discussion around the groundbreaking was overwhelmingly positive regarding the project. "The City of Cedar Park is excited to see the realization of a long-standing strategic goal—a full-service hotel and convention center that will serve our community and attract visitors," Brenda Eivens, City Manager of Cedar Park, said in a news release. "Our partnership with NFM and Great Lakes Capital has been instrumental in bringing this impressive Marriott project to life, further establishing the CedarView development as a premier vibrant, regional destination for economic growth and tourism." Construction of the hotel and convention center is anticipated to conclude first quarter 2027. The new hotel and event space will serve as a catalyst for further growth and development in Cedar Park, providing an unmatched venue for events, conferences, and everyday leisure. About Great Lakes Capital:Great Lakes Capital is a real estate development and private equity firm uniquely positioned to add value to real estate investments through development and opportunistic investment across the real estate spectrum and throughout the capital structure. Headquartered in Indiana, with over $1 billion in assets under management and development, GLC concentrates on several core asset classes, including mixed-use, multifamily, hospitality, industrial, medical office and other similar product types. As a market leader in new development, GLC actively addresses the needs of tenant partners in addition to speculative development meeting needs the market has not yet reacted to. For more information, please visit: About NFMNebraska Furniture Mart, as originally named, was founded by Rose Blumkin in 1937 in the basement of her husband's pawn shop in Omaha, Nebraska. In 1983, investor Warren Buffett purchased a majority interest in NFM and made it part of the Berkshire Hathaway family of companies. Today, NFM is one of the nation's largest home furnishings retailers, selling furniture, flooring, appliances and electronics. NFM currently has locations in Omaha, Nebraska, Des Moines, Iowa, Kansas City, Kansas and Dallas-Fort Worth, Texas with a fifth location under construction in Cedar Park, Texas; a suburb of Austin. For retail leasing inquiries at CedarView, contact Jennifer Petrovich at jpetrovich@ For more information on NFM, visit View original content to download multimedia: SOURCE Great Lakes Capital 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
Associated Press
12-05-2025
- Business
- Associated Press
The NFM Family of Lenders Recognized as a Top 50 Mortgage Company in America by Mortgage Executive Magazine.
05/12/2025, Linthicum MD // KISS PR Brand Story PressWire // The NFM Family of Lenders and its parent company, NFM Lending, is proud to announce its recognition as one of the Top 50 Mortgage Companies in America by Mortgage Executive Magazine, securing the #14 spot on this prestigious list. This accolade highlights the company's commitment to excellence and unwavering dedication to providing exceptional mortgage services to clients nationwide. In addition to this remarkable achievement, the spring edition of Mortgage Executive Magazine has also recognized 73 of NFM's loan originators as being in the Top 1% of all originators in the country. Among these outstanding professionals, seven have been ranked in the top 200. These top-performing originators include Oleg Tkach (#17), Daniel Sa (#57), Jane Floyd (#93), Kelsey Marquardt (#113), Dana Gounaris (#160), Darran Anthony (#171), and Ron Gosewisch (#175). Bob Tyson, President and COO of NFM Family of Lenders, expressed gratitude and appreciation for the team's hard work. 'This recognition is a testament to the relentless efforts and commitment of our Sales and Operations teams in an ever-changing landscape. I am incredibly proud of what we have accomplished together. Our success is a direct reflection of their passion, professionalism and ability to quickly adapt.' The NFM Family of Lenders continues to set the standard in the mortgage industry, driven by a team of dedicated professionals committed to delivering outstanidng service to their clients. The company looks forward to building on this success and continuing to provide innovative mortgage solutions to meet the diverse needs of its clients. About NFM Lending NFM Lending is a national mortgage lending company licensed in 49 states and Washington, D.C. David and Sandy Silverman founded the company in Baltimore, Maryland, in 1998. NFM Lending and its family of companies include Main Street Home Loans, BluPrint Home Loans, Elevate Home Loans, and Element Home Loans. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. For more information about NFM Lending, visit like our Facebook page, or follow us on Instagram. Company Contact NFM Lending Gene DiPaula VP, Communications [email protected] 443-451-3126
Yahoo
11-03-2025
- Business
- Yahoo
Impact Minerals to acquire landholding near Broken Hill, Australia
Impact Minerals has announced the acquisition of a significant 675km² landholding adjacent to its existing position near the Broken Hill silver-lead-zinc deposit in New South Wales, Australia. This acquisition involves a deal with New Frontier Metals (NFM) to acquire its subsidiary BHA No. 1, which owns the Broken Hill East Project, comprising tenements EL8434 and EL8435. In exchange, NFM will receive A$275,000 ($173,370) worth of Impact shares based on a 14-day volume-weighted average price as of 7 March 2025, and will be subject to a six-month voluntary escrow. The completion of this transaction is expected to occur this week. This acquisition builds on Impact's previous research under the BHP Xplor programme, solidifying its position as a major ground-holder south of Broken Hill. Research funded by the Xplor programme included mapping and sampling 655 rock chip samples across 99 mafic sills at Broken Hill, focusing on copper, lead, zinc and iron. Additionally, detailed magnetic interpretation of the south Broken Hill area and geophysical case studies over the Dora East discovery were conducted. With 100% ownership of tenements now covering 1,770km² and more than 100km of strike, Impact is well-positioned for future exploration. The company is currently focused on completing the pre-feasibility study for the Lake Hope High Purity Alumina project in Western Australia. However, a portion of the funds from the current rights issue announced last month will be directed towards developing key copper targets for drilling, which includes conducting ground geophysics over a newly identified sub-basin. The Broken Hill region is witnessing renewed exploration interest. Recent activity includes Broken Hill Mines' purchase of the Rasp Mine and Pinnacles deposit, and South32's joint venture north of the Broken Hill mine. This interest is driven by rising silver prices and long-term demand for zinc and lead. In May 2024, German investor Susanne Bunnenberg increased her stake in Impact Minerals by acquiring an additional 450.2 million shares, raising her interest from 15.83% to 16.85%. "Impact Minerals to acquire landholding near Broken Hill, Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
NFM Lending welcomes Mary Greenwood as Branch Manager in Colorado Springs, CO
LINTHICUM, MD, February 19, 2025 — NFM Lending is pleased to announce the opening of a new branch in Colorado Springs, CO, led by Branch Manager Mary Greenwood. Linthicum. MD, Feb. 19, 2025 (GLOBE NEWSWIRE) -- NFM Lending is pleased to announce the opening of a new branch in Colorado Springs, CO, led by Branch Manager Mary Greenwood. The new branch will focus on expanding NFM Lending's flexible and powerful lending platform to better serve community families with exceptional customer service. NFM Lending offers Conventional, FHA, VA, USDA, Jumbo, and many other home loan options to fit every borrower's needs. "I chose to work at NFM Lending because of its unwavering commitment to support, transparency, and communication," said Greenwood. "The company fosters a culture where loan officers and clients receive the resources and guidance needed for success. NFM's dedication to honest and open communication ensures that every transaction is handled with clarity and integrity. With a strong support system and a team-driven approach, I can confidently help clients achieve their homeownership goals while backed by a company that prioritizes excellence and trust." "It is an honor to have an industry veteran like Mary Greenwood join the NFM family," noted NFM Managing Director Greg Sher. "Her passion for helping families achieve home ownership is unparalleled, and her dedication to mentoring and growing her team of originators is inspiring. We are thrilled to bring her experience and leadership to the company." The branch's goal is to continue to provide the same commitment and dedication to borrowers, ranging from first-time homebuyers to seasoned buyers looking for their next home, a second home, or investment properties. Greenwood is currently seeking qualified Mortgage Loan Originators for full and part-time positions. For more information, please contact: Mary Greenwood NMLS# 459324 Branch Manager – NFM Lending 1150 Kelly Johnson Blvd., Suite 160 Colorado Springs, CO 80920 (p) 719-649-6656 mgreenwood@ About NFM Lending NFM Lending is a national mortgage lending company currently licensed in 49 states and the District of Columbia. The company was founded in Baltimore, Maryland in 1998. NFM Lending and its family of companies include Main Street Home Loans, Bluprint Home Loans, Elevate Home Loans, and Element Home Loans. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. For more information about NFM Lending, visit like our Facebook page, or follow us on Instagram.
