Interest costs on national debt rise significantly as the Treasury gets ready for large-scale refinancing
Daniel Newman, the CEO of Futurum Group, appeared on the Big Money Show panel to discuss potential changes that President Donald Trump might bring with his proposed significant legislation. The government faces the task of refinancing almost a third of its debt, which totals over $36 trillion. This situation is set against Trump’s repeated requests […]
Brooklyn Navy Yard developer strikes $150M refinancing deal for Admirals Row
Steiner New York City, the company that founded the Hollywood-inspired Steiner Studios for film and television production, has refinanced another key component of the Brooklyn Navy Yard. The $148.5 million bridging loan from Deutsche Bank is for Admiral's Row, an eight-acre, 696,000-square-foot complex that is home to Wegmans and 350,000 square feet that is master […]
Spirit Airlines shares soar more than 60% on debt refinancing extension
Shares of Spirit Airlines soared as much as 65% on Monday after the airline signed a deal to extend its debt refinancing plan by two months. The agreement with the American Bankers Association to postpone a deadline that was set to expire Monday until Dec. 21 will give Spirit some breathing room to refinance its […]
Homeowners have $17T in equity, but they aren’t refinancing. Here’s why
David Bahnsen, founder and CIO of Bahnsen Group, is examining the real estate market as young homebuyers struggle with the ongoing housing crisis. American homeowners own a record $17 trillion in wealth, Rising mortgage rates The economic downturn over the past two years has left many banks unable to access their own capital for refinancing. […]
FIVE shady reasons Joe Biden keeps refinancing his home
Joe Biden is clearly not good at debating, but he seems to be great at using his personal belongings like an ATM machine. President Joe Biden and First Lady Jill Biden have multiple mortgages and have reportedly refinanced theirs 35 times. The Daily Mail published an article alleging that Joe and Jill Biden were “using […]