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East Resources Acquisition Company and Abacus Life Announce Completion of Business Combination July 5, 2023

East Resources Acquisition Company and Abacus Life Announce Completion of Business Combination

East Resources Acquisition Company (NASDAQ: ERES) (“ERES”), a publicly traded special purpose acquisition company, today announced the completion of its business combination with Abacus Life, a leading buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products. ERES shareholders voted to approve the business combination at a meeting…
Ashford Securities Announces $500 Million In Capital Raised Since 2021 June 27, 2023

Ashford Securities Announces $500 Million In Capital Raised Since 2021

Ashford Securities LLC (“Ashford Securities”), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) (“Ashford”), is pleased to announce that it has reached a milestone of $500 million, including $42.1 million from institutions, in capital raised in less than two years of serving investors via the independent broker-dealer and RIA distribution channels.
The World’s Empty Office Buildings Have Become a Debt Time Bomb June 26, 2023

The World’s Empty Office Buildings Have Become a Debt Time Bomb

In New York and London, owners of gleaming office towers are walking away from their debt rather than pouring good money after bad. The landlords of downtown San Francisco’s largest mall have abandoned it. A new Hong Kong skyscraper is only a quarter leased...

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