Business, Law & Legal

AM Best revises outlooks to positive for First Net Insurance Company

OLDWICK, N.J. — (BUSINESS WIRE) — AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of First Net Insurance Company (First Net) (Guam).

Business, Cultural Corner, Environment, Law & Legal, Travel & Venues

$174M acquisition financing and joint venture equity for New Jersey multifamily asset arranged by Marcus & Millichap’s IPA Capital Markets

WEST NEW YORK, N.J. — (BUSINESS WIRE) — #acquisitionfinancing — IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, has secured $174 million in joint venture equity and debt financing