Highly leveraged loans face high risk

Among the main categories of real estate assets, multi-family appears to be one of the strongest to date amid the coronavirus crisis. Despite some decline in rent payments, experts are confident that the combination of continued demand and limited supply will fuel a relatively rapid recovery. This always raises a …

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Evaluate the effect of the CARES law on student loans

Abstract • The CARES (Coronavirus Aid, Relief, and Economic Security) law provides for the deferral of payment of principal and interest on federal student loans for six months.• The law only grants loan forgiveness to students who have withdrawn or will withdraw due to the coronavirus pandemic. Depending on the …

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Neuronetics and Obalon Therapeutics Obtain PPP Loans

Neuronetics (NSDQ:STEM) and Therapeutic Obalon (NSDQ:OBLN) are the latest companies to announce that they have taken out loans under the Paycheck Protection Program (P3). The US Small Business Association administers the PPP under the CARES (Coronavirus Aid, Relief and Economic Security) law. Under the P3, 75% of the loan proceeds …

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South Florida real estate players who received PPP loans

Alex Rodriguez, Tom Murphy, Jorge Pérez, Gil Dezer and Jackie Soffer (Credit: Michael Loccisano / Getty Images) UPDATE July 7, 6:30 p.m .: Many of South Florida’s top developers, contractors, hoteliers, architects and restaurateurs have benefited from the federal government’s Paycheck Protection Program. Companies linked to the related group, Dezer …

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5 types of personal loans to consider

When it comes to financing, it pays to choose the best option for your situation. (iStock) Personal loans are the fastest growing type of consumer debt – you may have even considered applying. Personal loans can be an effective way to consolidate debt, pay for unscheduled home repairs, or make …

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