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News Article | February 23, 2017
Site: www.prweb.com

SVN Affordable | Levental Realty (SVN Affordable) announced today that the 1,009-unit affordable housing portfolio owned by Kline Enterprises (Kline) and managed by First National Properties (FNP) has sold. SVN Affordable was the exclusive listing broker tasked with valuing, marketing and negotiating the transaction on behalf of Kline. Kline is a second-generation, family-owned organization who assembled the impressive portfolio of senior and family affordable assets located in Paterson, Orange, East Orange, Metuchen, Old Bridge, Hazlet and East Windsor. The affiliate property management company, FNP and their tenured site staff consistently received outstanding achievement awards for providing safe and affordable housing for its residents. Pryor Cashman’s Ronald B. Kremnitzer, co-chair of the Real Estate practice, together with partner Perry Amsellem and associate Ari Tran, acted as seller’s counsel for Kline and FNP and remained pragmatic and creative throughout numerous negotiations that have been ongoing since May of 2016. The seven properties are subsidized by long-term project based section 8 contracts and encumbered by various regulatory restrictions. Some of the characteristics of the individual assets made the portfolio uniquely challenging to value and finance. The $180M value is the result of a sophisticated financing structure specific to portfolio transactions. The sale of the portfolio will ensure long-term affordability for over 2,500 residents and preservation of the assets through sustainable upgrades and planned renovation over the next several years. The buyer was a joint venture between Hudson Valley Property Group, Red Stone Companies and Wheelock Street Capital. Community Realty Management will act as third-party property manager, while retaining the majority of the existing staff members at each of the properties. Financing was provided by Walker and Dunlop and Fannie Mae, while Goodwin Procter LLP, Nixon Peabody LLP and Berman Indictor LLP served as purchaser’s counsel for the transaction. “SVN Affordable was selected as the exclusive listing broker for the seller given our national platform and understanding of the regulatory and complex financial environment surrounding this asset class. Senior Advisor, Jamie Renzenbrink led the transaction on behalf of the firm. After creating a competitive pool of 168 qualified affordable developers, we vetted out buyers’ underwriting assumptions and debt/equity models to assure we had a clear and closable path to closing given the multitude of challenges and assumptions associated with such an acquisition. Hudson Valley, Red Stone, and Wheelock were selected as a result of such diligence.” Gene Levental, Managing Director, SVN Affordable “This was a complex transaction that required the finesse of an experienced legal team,” said Ronald B. Kremnitzer, lead counsel on the transaction. “We are thrilled to help this sophisticated deal, which included multiple contracts and an in depth understanding of regulatory hurdles, across the finish line after a diligent, yearlong effort.” About SVN AFFORDABLE | Levental Realty SVN AFFORDABLE | Levental Realty (http://www.svn-ahg.com) is a nationally recognized leader in the niche market of Affordable Housing brokerage focusing solely on valuing, marketing and selling Project-Based Section 8 and Section 42 housing through their national platform and proprietary database. About Pryor Cashman Pryor Cashman LLP (http://www.pryorcashman.com) is an independent full service law firm with over 140 attorneys in its main office at 7 Times Square in New York City and an office in Los Angeles. With broad and sophisticated transactional, intellectual property and litigation practices, Pryor Cashman provides a wide range of services to meet the varying legal needs of institutions, entrepreneurs and individuals. The firm has well-established relationships with firms throughout the U.S. and the rest of the world to serve its national and international clients. About SVN® SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. With 200 offices and over 1600 Advisors and staff, SVN provides sales, leasing, corporate services and property management services to clients across the globe. SVN Advisors also represent clients in affordable housing, auction services, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, self-storage and single tenant investments. All SVN offices are independently owned and operated. For more information, visit http://www.svn.com.


Every-Palmer S.,Street Capital
Drug and Alcohol Dependence | Year: 2011

Background: Aroma, Spice, K2 and Dream are examples of a class of new and increasingly popular recreational drugs. Ostensibly branded " herbal incense" they have been intentionally adulterated with synthetic cannabinoids such as JWH-018 in order to confer on them cannabimimetic psychoactive properties while circumventing drug legislation. JWH-018 is a potent cannabinoid receptor agonist. Little is known about its pharmacology and toxicology in humans. This is the first research considering the effects of JWH-018 on a psychiatric population and exploring the relationship between JWH-018 and psychotic symptoms. Method: This paper presents the results of semi-structured interviews regarding the use and effects of JWH-018 in 15 patients with serious mental illness in a New Zealand forensic and rehabilitative service. Results: All 15 subjects were familiar with a locally available JWH-018 containing product called " Aroma" and 86% reported having used it. They credited the product's potent psychoactivity, legality, ready availability and non-detection in drug testing as reasons for its popularity, with most reporting it had replaced cannabis as their drug of choice. Most patients had assumed the product was " natural" and " safe" Anxiety and psychotic symptoms were common after use, with 69% of users experiencing or exhibiting symptoms consistent with psychotic relapse after smoking JWH-018. Although psychological side effects were common, no one reported becoming physically unwell after using JWH-018. Three subjects described developing some tolerance to the product, but no one reported withdrawal symptoms. Conclusion: It seems likely that JWH-018 can precipitate psychosis in vulnerable individuals. People with risk factors for psychosis should be counseled against using synthetic cannabinoids. © 2011 Elsevier Ireland Ltd.


News Article | February 15, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - Feb. 14, 2017) - LOGiQ Asset Management Inc. ("LOGiQ" or the "Company") (TSX:LGQ) announces it has filed its Condensed Consolidated Interim Financial Statements for the quarter ended December 31, 2016 and related Management's Discussion and Analysis with Canadian securities regulatory authorities. As previously announced by LOGiQ on December 8, 2016, the vendors of LOGiQ Capital 2016 (formerly Front Street Capital 2004)("Front Street Capital") and Tuscarora Capital Inc. ("Tuscarora"), and LOGiQ completed a transaction to combine their respective companies, creating a new, leading independent asset management firm. "Our vision for LOGiQ Asset Management is that in a time of massive industry disruption we can bring together an extraordinary team of managers, traders and analysts. We will have fewer, larger funds in three distinct verticals: specialized equities; specialized yield; and alternatives, offering Canadians access to a single source for sophisticated investing" said newly appointed LOGiQ CEO, Joe Canavan. "Combining these three firms and then acquiring the Institutional Advisory Group, from Integra Capital Limited, with $2.5 billion in institutional fee earning assets adds important scale benefits. We brought all these firms and decades of portfolio management experience together under the LOGiQ banner which has numerous benefits for advisors and their clients. Our financial strength, leadership team, leverage with vendors to reduce fund and corporate operating costs and synergies at the corporate level as well as improved fund performance." Investors and readers of the Condensed Consolidated Interim Financial Statements for the quarter ended December 31, 2016 and related Management's Discussion and Analysis are cautioned that the results for the period are not necessarily indicative of the ongoing operations of the business because the results include a full quarter of former Front Street Capital, 24 days each of LOGiQ (formerly Aston Hill Financial Inc.) and Tuscarora, and eight days of results from the Institutional Advisory Group. LOGiQ's Assets under Management or advisement ("AUM") increased from $877 million at September 30, 2016 to $2.8 billion at December 31, 2016. The higher AUM is mainly the result of the combination of LOGiQ (formerly Aston Hill Financial Inc.) and Front Street Capital. During the first quarter, gross sales of mutual funds were $16 million resulting in net redemptions of $27 million for the combined firm. At December 31, 2016, LOGiQ also had $2.5 billion of institutional advisory sales-related fee earning arrangements in respect of assets that are neither managed nor advised that are incremental to the $2.8 billion AUM. For the first quarter, LOGiQ revenues were $6.8 million, an increase of 74% from the prior quarter revenues of $3.9 million. The revenue increase was mainly due to the combination of LOGiQ (formerly Aston Hill Financial Inc.) and Front Street Capital. Revenue generated by LOGiQ-managed investment funds increased as a percentage of total revenue (currently 92.4% compared to 88.9% in the prior quarter) as management remains focused on in-house managed mutual fund growth. Total expenses (excluding finance expense) for the first quarter were higher at $8.1 million as compared to $4.0 million for the prior quarter. The higher corporate expense is mainly due to the combination of LOGiQ and Front Street Capital. Adjusted EBITDA (before stock-based compensation, impairment losses, and net investment gains or losses) for the first quarter was $2.0 million, a 107.3% increase from the prior quarter adjusted EBITDA of $988,000 due mainly to the combining of LOGiQ and Front Street Capital. Net loss for the quarter was $1.3 million, as compared to a net loss in the prior quarter of $83,000, reflecting the aforementioned intangible asset impairment loss in the previous quarter. Summary of Acquisition of certain Global Advisory Agreements from Integra Capital Limited On December 22, 2016, LOGiQ entered into an agreement to purchase certain Global Advisory agreements from Integra Capital Limited to form the foundation for its new Institutional Advisory Group. This agreement built on LOGiQ's vision to be a fully-integrated and diversified investment management firm with complementary businesses in all facets of the investment management industry. LOGiQ wishes to clarify that, further to its press release dated December 22, 2016, as a result of its acquisition of certain Global Advisory agreements from Integra Capital Limited, LOGiQ has institutional advisory sales-related fee earning arrangements in respect of assets that are neither managed nor advised by LOGiQ, totaling approximately $2.5 billion as of December 31, 2016. LOGiQ (logiqasset.com) is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and pooled funds, and also provides segregated institutional managed accounts and institutional advisory sales. LOGiQ has assets under management or advisement and institutional advisory sales-related fee earning arrangements that are not managed or advised, totaling approximately $5.3 billion. LOGiQ also confirms that following the reverse acquisition transaction between LOGiQ, Front Street Capital and Tuscarora, PricewaterhouseCoopers LLP, Chartered Professional Accountants will act as auditor to LOGiQ as successor. The TSX has neither approved nor disapproved the information contained herein. For a detailed description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the annual financial statements and management discussion and analysis for the year ended September 30, 2016 of Front Street Capital, both of which are available on SEDAR under the Company's profile at www.sedar.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking statements.


GREENWICH, Conn.--(BUSINESS WIRE)--Hudson Valley Property Group LLC (“HVPG”) and Red Stone Companies, LLC, in joint venture with Wheelock Street Capital, acquired 1,009 units of New Jersey senior and family affordable housing located throughout northern New Jersey. The seven properties are subsidized through US Department of Housing and Urban Development project-based Section 8 contracts. The acquisition is the first phase of a long-term preservation plan that will include thoughtful and sustainable upgrades to the properties in the years to come. HVPG is a New York City based affordable housing preservation firm. Red Stone was responsible for securing the debt financing and worked closely with HVPG to assemble the capital stack for the transaction. Wheelock Street Capital provided the majority of the equity capital. The debt was funded by utilizing a unique financing facility structured by Walker & Dunlop and Fannie Mae. The New Jersey-based property management company, Community Realty Management, assumed operations while retaining a majority of the existing management staff at each of the sites. This transaction, which was valued at over $180 million, demonstrates a creative financing execution to preserve New Jersey’s aging supply of affordable housing without relying on limited state public funds. The properties are located in the towns of Hazlet, East Orange, Metuchen, Old Bridge, Orange, Windsor and Paterson. It is estimated that portfolio houses a total of 2,500 residents. The municipalities where these properties reside have been supportive of the preservation of the portfolio. The joint venture plans to hold the properties long-term and pursue renovations and sustainable upgrades based on the physical needs at each of the sites. “ The previous owners built an impressive organization and team providing much needed affordable housing throughout New Jersey. We are excited to have the opportunity to carry on their legacy, and to preserve these properties for decades to come. We look forward to working closely with NJHMFA, HUD and the management staff to maintain each of the properties as quality affordable housing for these New Jersey communities.” Jason Bordainick, Managing Partner, Hudson Valley Property Group “ Red Stone has always strived to develop creative solutions for our partners and clients specifically focused on investment in affordable housing communities. In this case, we are especially excited to have leveraged our relationship with Walker and Dunlop and Fannie Mae to structure and participate in a flexible multiple-party debt/equity capital stack to maximize the opportunity on this acquisition and preservation of over 1,000 affordable housing units in the State of New Jersey.” Brian Renzi, Managing Director, Red Stone Companies, LLC “ Wheelock is excited to be making a substantial investment in the affordable housing sector through the purchase of this well maintained portfolio, in partnership with Hudson Valley and Red Stone. We were drawn to the defensibility of the portfolio’s income, and strength of the submarkets for longer term upside, and are proud to support and maintain affordable housing in these communities.” Ayesha Menon, Principal, Wheelock Street Capital The portfolio was listed and brokered by SVN AFFORDABLE | Levental Realty and the transaction was led by Managing Director, Gene Levental and Senior Advisor, Jamie Renzenbrink. The law firms of Nixon Peabody, Berman Indictor and Goodwin Procter represented the joint venture in the transaction. Hudson Valley Property Group (www.hvpg.com) is a New York based owner and developer of affordable housing with multifamily holdings throughout the East Coast. The firm’s mission is to provide quality well-managed affordable and workforce housing to the communities it serves through investment in and rehabilitation of affordable housing. HVPG has specific focus and expertise in affordable housing solutions including government subsidy programs and innovative financing structures to preserve aged buildings at risk of losing affordability. HVPG takes a curated and flexible approach to working with management, development and government partners, always prioritizing the needs of the residents. Red Stone is a national real estate finance company which specializes in tax-exempt bond financing. In addition to Red Stone’s core tax-exempt bond business, the firm also offers bridge lending, mezzanine financing, and other creative financial products for the affordable housing industry. Red Stone Tax-Exempt Funding LLC—through its Red Stone Direct platform—is a direct purchaser of tax-exempt bonds used for the construction, preservation, and refinancing of affordable multifamily properties nationwide. Wheelock Street Capital (www.wheelockst.com) was formed in 2008 by Rick Kleeman and Jonathan Paul, two veteran real estate private equity investors, each with over 25 years of broad real estate transaction experience across all major asset classes. Wheelock has since raised over $2 billion in capital commitments and is currently investing its fifth fund comprising $725 million of commitments from leading pension funds, endowments and foundations. Wheelock will invest in a broad range of real estate assets throughout the United States. The fund may invest directly or with high quality joint venture partners through a variety of capital structures and transaction types, including acquisitions, restructurings, and recapitalizations.


News Article | March 2, 2017
Site: www.prweb.com

Greenfield Advisors is excited to announce that its two principals have been issued their first patent by the United States Patent and Trademark Office (USPTO). The patent, U.S. Patent 9,582,819, is entitled “Automated-valuation-model training-data optimization systems and methods.” The inventors are former Greenfield Advisors employee Andy Krause [currently a Lecturer at the University of Melbourne (Australia)], Clifford A. Lipscomb, and John A. Kilpatrick, both Co-Managing Directors of the firm. The technology covered by the patent is related to the firm’s long history of using sophisticated quantitative tools in its work. In valuing real estate, predictive models have been used for decades. These predictive models, however, have not been used to go back and optimize the training data sets used in the initial passes of the predictive model. What the patent does is describe a process for optimizing the training data sets used by a predictive model for automatically performing real estate valuations. As stated in the Background of the patent, “there is a need for an improved method of selecting training data to provide more accurate value predictions.” “Greenfield Advisors, in our 40-year history, has developed significant expertise in predictive modeling. We have applied that expertise to situations where we have been tasked with valuing properties affected by environmental contamination as well as properties underlying residential mortgage backed securities (RMBS),” said Dr. Lipscomb. “What we learned from our predictive modeling efforts is that the underlying data shape our predictive models – some jurisdictions have better data than others. Predictive models must be flexible in using the best available data in each jurisdiction. That reality was one of the reasons we decided to pursue a patent.” “The rapid popularization of real estate valuation models has led naturally to a demand for increased accuracy, precision, and reliability,” said Dr. Kilpatrick. “We have worked hard to make sure the results from our predictive models, in particular the Greenfield AVM, are state-of-the-art so our clients can be confident they are receiving the best data analyses available.” About Greenfield Advisors Founded in 1976, Greenfield Advisors is a boutique economic and financial analysis firm that provides government and private sector clients with customized consultations and advisory services. Best known for its analysis of complex economic, financial, and real estate situations in high-profile litigation matters, Greenfield Advisors also develops feasibility studies, business plans, and appraisals for its clients. Greenfield Advisors’ subsidiary, Bartow Street Capital LLC, serves as its investment banking and capital raising arm, and its subsidiary, Accre LLC, acts as an investment principal. Learn more about Greenfield Advisors by calling 206-623-2935 or visiting http://www.greenfieldadvisors.com.


LONDON, UK / ACCESSWIRE / March 1, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Canadian Imperial Bank Of Commerce, Atrium Mortgage Investment, Street Capital Group, and Laurentian Bank of Canada. Get all of our free research reports by signing up at: On Tuesday, February 28, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,399.24, 0.42% lower, on a total volume of 466,745,840 shares. Additionally, the Financials index was slightly down by 0.67%, ending the session at 290.44. Active Wall St. has initiated research reports on the following equities: Canadian Imperial Bank Of Commerce (TSX: CM), Atrium Mortgage Investment Corporation (TSX: AI), Street Capital Group Inc. (TSX: SCB), and Laurentian Bank of Canada (TSX: LB). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Canadian Imperial Bank of Commerce's stock fell 1.25%, to finish Tuesday's session at $116.61 with a total volume of 3.09 million shares traded. Over the last one month and the previous three months, Canadian Imperial Bank of Commerce's shares have advanced 4.16% and 7.63%, respectively. Furthermore, the stock has gained 26.46% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Canadian Imperial Bank of Commerce's 50-day moving average of $113.55 is above its 200-day moving average of $106.40. Shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, are trading at a PE ratio of 10.90. See our research report on CM.TO at: On Tuesday, shares in Toronto, Canada headquartered Atrium Mortgage Investment Corp. recorded a trading volume of 40,242 shares, which was higher than their three months average volume of 35,333 shares. The stock ended the day 0.58% lower at $12.01. Atrium Mortgage Investment's stock has advanced 0.59% in the last one month and 9.48% in the previous one year. The Company is trading above its 50-day moving average. The stock's 200-day moving average of $12.09 is above its 50-day moving average of $11.99. Shares of the Company, which provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada, are trading at PE ratio of 12.58. The complimentary research report on AI.TO at: On Tuesday, shares in Toronto, Canada headquartered Street Capital Group Inc. ended the session 4.07% higher at $1.79 with a total volume of 22,380 shares traded. Street Capital Group's shares have gained 8.48% in the last three months and 40.94% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock's 50-day moving average of $1.85 is greater than its 200-day moving average of $1.69. Shares of Street Capital Group, which through its subsidiary, Street Capital Financial Corporation, operates primarily in the mortgage lending business in Canada, are trading at a PE ratio of 16.73. Register for free and access the latest research report on SCB.TO at: Montréal, Canada headquartered Laurentian Bank of Canada's stock closed the day 3.29% lower at $57.40. The stock recorded a trading volume of 211,781 shares, which was above its three months average volume of 110,064 shares. Laurentian Bank of Canada's shares have gained 6.12% in the last three months and 19.16% in the past one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $59.39 is greater than its 200-day moving average of $53.69. Shares of the Company, which together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada, are trading at a PE ratio of 12.63. Get free access to your research report on LB.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. 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News Article | March 2, 2017
Site: www.businesswire.com

BOSTON--(BUSINESS WIRE)--BackBay Communications, a leading financial services branding, content marketing and public relations specialist firm, announced today that Jen Dowd has been promoted to Chief Operating Officer. In the newly created COO role, Ms. Dowd, 35, will help with strategy and implementation of programs designed to realize BackBay's business objectives including firm best practices, business development and marketing. She will also partner with senior leadership to enhance the BackBay client experience, elevate the brand and accelerate growth. “BackBay has been fortunate to experience steady annual growth since the firm was founded eleven years ago, and at this point in our evolution it is the ideal time to add a COO position to help take BackBay to the next level,” said Bill Haynes, President & CEO, BackBay Communications. “With her strong integrated marketing experience, understanding of BackBay’s unique vision, culture and services, and outstanding client relationships, Jen Dowd is the ideal person for the COO role at BackBay. We all look forward to benefiting from Jen’s insights, strategy and leadership in her new role.” Since joining the firm in 2007, Ms. Dowd has developed and led strategic branding, marketing and public relations programs for global asset management, private equity and financial technology clients. Jen’s client experience includes: Adams Funds, Baird Capital, Eagle Investment Systems, Fiduciary Trust Company, Graycliff Partners (formerly HSBC Capital), Hancock Capital, HarbourVest Partners, Murray Devine, Pamlico Capital (formerly Wachovia Capital Partners), Quad-C Management, Ridgemont Equity Partners (formerly Banc of America Capital Investors), and Thompson Street Capital. Ms. Dowd joined BackBay from Compton Consulting, a financial communications firm specializing in the asset management industry. Prior to that, she served as an Editorial Assistant for Euromoney magazine in London. Ms. Dowd received an M.A. in Ancient History from University College London, and a B.A. in Classics and English from the College of Charleston. About BackBay Communications BackBay Communications is an integrated branding, marketing and public relations firm focused on the financial services sector including private equity, financial technology, insurance and asset management. BackBay takes a brand-centric approach to developing messaging and building integrated communications programs. BackBay offers a unique combination of content and creativity. BackBay’s services include public relations, branding, website development, marketing plans and materials, videos, advertising and social media. BackBay is highly regarded for thought leadership initiatives and relationships with the major business media. For more information, please visit www.BackBayCommunications.com.


Commerce Street Capital, LLC ("CSC"), a Dallas-based investment banking firm, is pleased to announce that Danielle DiMartino Booth has joined the firm as Senior Economic Advisor.


LONDON, UK / ACCESSWIRE / March 1, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Canadian Imperial Bank Of Commerce, Atrium Mortgage Investment, Street Capital Group, and Laurentian Bank of Canada. Get all of our free research reports by signing up at: On Tuesday, February 28, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,399.24, 0.42% lower, on a total volume of 466,745,840 shares. Additionally, the Financials index was slightly down by 0.67%, ending the session at 290.44. Active Wall St. has initiated research reports on the following equities: Canadian Imperial Bank Of Commerce (TSX: CM), Atrium Mortgage Investment Corporation (TSX: AI), Street Capital Group Inc. (TSX: SCB), and Laurentian Bank of Canada (TSX: LB). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Canadian Imperial Bank of Commerce's stock fell 1.25%, to finish Tuesday's session at $116.61 with a total volume of 3.09 million shares traded. Over the last one month and the previous three months, Canadian Imperial Bank of Commerce's shares have advanced 4.16% and 7.63%, respectively. Furthermore, the stock has gained 26.46% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Canadian Imperial Bank of Commerce's 50-day moving average of $113.55 is above its 200-day moving average of $106.40. Shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, are trading at a PE ratio of 10.90. See our research report on CM.TO at: On Tuesday, shares in Toronto, Canada headquartered Atrium Mortgage Investment Corp. recorded a trading volume of 40,242 shares, which was higher than their three months average volume of 35,333 shares. The stock ended the day 0.58% lower at $12.01. Atrium Mortgage Investment's stock has advanced 0.59% in the last one month and 9.48% in the previous one year. The Company is trading above its 50-day moving average. The stock's 200-day moving average of $12.09 is above its 50-day moving average of $11.99. Shares of the Company, which provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada, are trading at PE ratio of 12.58. The complimentary research report on AI.TO at: On Tuesday, shares in Toronto, Canada headquartered Street Capital Group Inc. ended the session 4.07% higher at $1.79 with a total volume of 22,380 shares traded. Street Capital Group's shares have gained 8.48% in the last three months and 40.94% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock's 50-day moving average of $1.85 is greater than its 200-day moving average of $1.69. Shares of Street Capital Group, which through its subsidiary, Street Capital Financial Corporation, operates primarily in the mortgage lending business in Canada, are trading at a PE ratio of 16.73. Register for free and access the latest research report on SCB.TO at: Montréal, Canada headquartered Laurentian Bank of Canada's stock closed the day 3.29% lower at $57.40. The stock recorded a trading volume of 211,781 shares, which was above its three months average volume of 110,064 shares. Laurentian Bank of Canada's shares have gained 6.12% in the last three months and 19.16% in the past one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $59.39 is greater than its 200-day moving average of $53.69. Shares of the Company, which together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada, are trading at a PE ratio of 12.63. Get free access to your research report on LB.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / March 1, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Canadian Imperial Bank Of Commerce, Atrium Mortgage Investment, Street Capital Group, and Laurentian Bank of Canada. Get all of our free research reports by signing up at: On Tuesday, February 28, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,399.24, 0.42% lower, on a total volume of 466,745,840 shares. Additionally, the Financials index was slightly down by 0.67%, ending the session at 290.44. Active Wall St. has initiated research reports on the following equities: Canadian Imperial Bank Of Commerce (TSX: CM), Atrium Mortgage Investment Corporation (TSX: AI), Street Capital Group Inc. (TSX: SCB), and Laurentian Bank of Canada (TSX: LB). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Canadian Imperial Bank of Commerce's stock fell 1.25%, to finish Tuesday's session at $116.61 with a total volume of 3.09 million shares traded. Over the last one month and the previous three months, Canadian Imperial Bank of Commerce's shares have advanced 4.16% and 7.63%, respectively. Furthermore, the stock has gained 26.46% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Canadian Imperial Bank of Commerce's 50-day moving average of $113.55 is above its 200-day moving average of $106.40. Shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, are trading at a PE ratio of 10.90. See our research report on CM.TO at: On Tuesday, shares in Toronto, Canada headquartered Atrium Mortgage Investment Corp. recorded a trading volume of 40,242 shares, which was higher than their three months average volume of 35,333 shares. The stock ended the day 0.58% lower at $12.01. Atrium Mortgage Investment's stock has advanced 0.59% in the last one month and 9.48% in the previous one year. The Company is trading above its 50-day moving average. The stock's 200-day moving average of $12.09 is above its 50-day moving average of $11.99. Shares of the Company, which provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada, are trading at PE ratio of 12.58. The complimentary research report on AI.TO at: On Tuesday, shares in Toronto, Canada headquartered Street Capital Group Inc. ended the session 4.07% higher at $1.79 with a total volume of 22,380 shares traded. Street Capital Group's shares have gained 8.48% in the last three months and 40.94% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock's 50-day moving average of $1.85 is greater than its 200-day moving average of $1.69. Shares of Street Capital Group, which through its subsidiary, Street Capital Financial Corporation, operates primarily in the mortgage lending business in Canada, are trading at a PE ratio of 16.73. Register for free and access the latest research report on SCB.TO at: Montréal, Canada headquartered Laurentian Bank of Canada's stock closed the day 3.29% lower at $57.40. The stock recorded a trading volume of 211,781 shares, which was above its three months average volume of 110,064 shares. Laurentian Bank of Canada's shares have gained 6.12% in the last three months and 19.16% in the past one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $59.39 is greater than its 200-day moving average of $53.69. Shares of the Company, which together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada, are trading at a PE ratio of 12.63. 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The Civitas investor relations team has helped thousands of investors and institutions from more than 30 countries around the world invest capital in the United States DALLAS, TX--(Marketwired - February 14, 2017) - Civitas Capital Group is pleased to announce the promotion and hiring of four key investor relations executives. "We're delighted to recognize and reward Irene and Manuel for their contributions, and are pleased to welcome Olof and Claudia to our company," said Chief Executive Officer Daniel J. Healy. "We have a remarkable investor relations team with diverse cultural experience and thorough knowledge of the investment management industry. I believe we are well-positioned for the future." Irene Shen was promoted to Director, Sales and Investor Relations. In her new role, Ms. Shen is responsible for expanding Civitas' presence in the alternative investment space in Asia, as well as coordinating the development of new products in the region. Ms. Shen has been with Civitas since August 2011. Ms. Shen received a B.S. in Electrical Engineering from Beijing University of Posts & Telecommunications. In addition, she is an Accredited Asset Management Specialist (AAMS), and holds FINRA series 7, 63 and 65 securities and investment advisory licenses. Manuel Ortiz was promoted to Head of EB-5 Sales and Investor Relations. In his new role, Mr. Ortiz is responsible for developing and managing global investor relations, and overseeing the EB-5 Capital Division investor relations team. Mr. Ortiz has been with Civitas since January 2013. Mr. Ortiz received a Bachelor of Business Administration from the University of Texas at Austin, Red McCombs School of Business, and an MBA from Southern Methodist University, Cox School of Business. Olof Akesson joined Civitas as Managing Director, Sales and Investor Relations. His responsibilities include overseeing and developing the Civitas client relations team, including investor communications. Mr. Akesson previously was Chief Operating Officer for Asia Institutional Sales at HSBC, overseeing all global markets products. Mr. Akesson received degrees in Finance and Management from the University of South Carolina, and a Master's in Finance from the Stockholm School of Economics. He also played tennis on the ATP World Tour. Claudia Betancourt joined Civitas as Director, Capital Markets. Her responsibilities include expanding Civitas' presence in the alternative investment products space outside of Asia, as well as coordinating the development of new products for individuals, family offices, and institutions. Previously, Ms. Betancourt was Managing Director at Commerce Street Capital (CSC), an investment banking firm. Ms. Betancourt received a B.S. in Economics from Universidad Catolica Boliviana, a M.B.A. from The University of Oklahoma, and a Masters of Science in Petroleum Economics and Management from the Institute Francaise du Petrole. The Civitas Capital Group family of companies provides compelling EB-5 capital and alternative investment strategies to institutional investors, family offices and qualified individuals. The Civitas Capital Group family of companies provides a range of products and services for institutional investors, family offices and qualified individuals. The firm offers compelling, niche investment strategies in U.S. lodging and real estate markets through its Alternative Investments and EB-5 Capital divisions. For more information about Civitas, please visit www.civitascapital.com or follow us on Twitter at http://twitter.com/CivitasCG. This press release does not constitute an offer or solicitation with respect to the purchase or sale of any security in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Iren_Shen-7fcea4e3a651ac0f8971900b7aab9130.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Manuel_Ortiz-273763df068d87deaf2c4e715a165999.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Olof_Akesson-6d400dc0ba53bb6c8b3e6122a71b45d2.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Claudia-20e990c87854bb489b7cc10a4c4a3936.jpg

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