MEDIA RELATIONS PORTFOLIO: FINANCIAL SERVICES

FEATURED FINANCIAL SERVICES MEDIA PLACEMENTS

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Equity will get a jolt during the second half of the year

Client: BGO

JV and pref equity deals will continue to be difficult for the first part of the year as many investors remain on the sidelines. Rising rates have caused floating-rate debt to be above most cap rates, resulting in negative leverage. Some JV equity providers have shifted their focus to the debt side or will invest as pref equity only. There has not been a lot of acquisition equity being placed and a huge pullback in ground-up development is occurring. However, it is not all doom and gloom. Whispe

Notable mortgage industry additions and promotions: April 17-21

Client: Kiavi

Guild Mortgage named John Lowe as manager of a newly added district made up of 40 new Guild employees and eight branch offices in California. Lowe moves to Guild with 40 team members, including area managers Chris Owen and Joanne Hender; branch managers Doug Grenz, Don Petty, Gwen Chyz, Jeremy Kurtz, Marco Guerra and Steve Weninger; sales manager Debra Morsan; six transaction coordinators and four processors.