Thursday , 9 July 2020

Tag Archives: Million

Connecticut Pension Pushes Into Private Credit With $350 Million Goldman Sachs Pledge

Connecticut’s $35.7 billion public pension fund has set up a dedicated account with Goldman Sachs Group as it builds its private-credit portfolio. The $350 million mandate is part of a total of $462.5 million in private-credit commitments that the Connecticut Retirement Plans and Trust Funds approved at its investment advisory council meeting on Wednesday. The pension system added private credit …

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Oklahoma City hospital, physician group to pay $77 million false claims settlement

The Department of Justice has reached a $77.2 million settlement over false claims submitted between an Oklahoma City specialty hospital and physician group. The agreement announced Wednesday resolves False Claims Act allegations covering Medicare, Medicaid and Tricare claims submitted by the Oklahoma Center for Orthopaedic and Multi-Specialty Surgery, its part-owner and management company, USP, Southwest Orthopaedic Specialists and two physicians. …

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Paragon Mortgage Corporation Arranges $38.4 Million to Refinance Multifamily Property in Euless, TX

PHOENIX, July 8, 2020 /PRNewswire/ — Jim Swanson, President of Paragon Mortgage announced that on June 26 Paragon arranged the refinancing of The Franciscan at Bear Creek Apartments in Euless, Texas, a suburb of Dallas.  Paragon secured the $38.4 Million loan through the US Department of Housing and Urban Development’s 223(f) mortgage insurance program. The HUD program provided the owner …

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Another 1.38 million Americans expected to have filed for unemployment benefits

Following the blowout June jobs report, market participants will get another update on the state of the U.S. labor market Thursday morning with the release of the weekly initial jobless claims report. Economists surveyed by Bloomberg anticipate another 1.375 million Americans filed for unemployment benefits in the week ending July 4, down from 1.43 million in the week prior. Weekly …

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Patty Mills plans to donate over $1 million to social justice causes

Photo: Billy Calzada / Staff Photographer Guard Patty Mills of the San Antonio Spurs gestures after scoring on a three-point shot against the Cleveland Cavaliers during NBA action in the AT&T Center on Thursday, Dec. 12, 2019. Guard Patty Mills of the San Antonio Spurs gestures after scoring… Spurs guard Patty Mills has a good reason to participate in the …

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U.S. surpasses 3 million cases, Phoenix mayor calls for testing surge

United Airlines warns of 36,000 potential furloughs, a ‘gut punch’ A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. Robert Alexander | Getty Images United Airlines is warning some 36,000 employees that they could potentially be furloughed this fall, as hopes for a turnaround in air travel demand fades with increased coronavirus infections …

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Paragon Mortgage Corporation Arranges $38.4 Million to Refinance Multifamily Property in Euless, TX

Jim Swanson, President of Paragon Mortgage announced that on June 26 Paragon arranged the refinancing of The Franciscan at Bear Creek Apartments in Euless, Texas, a suburb of Dallas. Paragon secured the $38.4 Million loan through the US Department of Housing and Urban Development’s 223(f) mortgage insurance program. The HUD program provided the owner with a low interest rate, 35 …

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UAB awarded $1 million for COVID-19 telehealth efforts – News

The COVID-19 pandemic has pushed telehealth to the forefront, and UAB will use FCC funding to improve access to this essential health care service. The University of Alabama at Birmingham has received $1 million from the Federal Communications Commission to facilitate the massive telehealth transition that occurred during the onset of the COVID-19 public health emergency.   The award will fund …

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