Core Viewpoint - Alpine Income Property Trust, Inc. has successfully closed an amended and restated unsecured credit facility, which will be used to retire all prior unsecured debt, enhancing its financial position and flexibility [1][6]. Credit Facility Details - The new credit facility totals $450 million, consisting of a $250 million revolving credit facility due February 2030, a $100 million term loan due February 2029, and a $100 million term loan due February 2031 [6]. - The initial fixed interest rates are approximately 3.5% for the 2029 Term Loan and 2031 Term Loan, and approximately 4.8% for $100 million under the Revolving Credit Facility [1]. - The pricing grid for borrowings under the credit facility is 10 to 15 basis points lower compared to the prior unsecured debt [6]. - An accordion feature allows total borrowings under the credit facility to be increased to $750 million [6]. Financial Strategy - The company applied existing SOFR swap agreements at closing, which will adjust the interest rates for the loans in May 2026 and January 2027 to approximately 4.8% and 5.0%, respectively [1]. - The credit facility is provided by a syndicate of banks led by Truist Bank, with participation from several other banks [2]. Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends through investments in single tenant net leased commercial properties [3]. - The company also strategically invests in a select portfolio of commercial loan investments to enhance returns [3].

Ares Management and Regions Bank led $800 million of private credit loans as part of a $1.1 billion refinancing for Palladium Equity Partners-backed Quirch Foods, according to people with knowledge of the matter https://t.co/zb18iE8lki ...

Core Viewpoint - CTO Realty Growth, Inc. successfully closed $150 million in term loan financing, enhancing liquidity and extending debt maturity profile [1][2] Financing Details - The financing includes a new $125 million term loan due September 2030 and a $25 million upsizing of the existing term loan due September 2029 [1] - Proceeds from the financing were used to retire a $65 million term loan due March 2026 and to reduce the balance on the revolving credit facility [1] Interest Rate Information - Both term loans bear interest at SOFR plus a spread based on the Company's leverage ratio, with an initial fixed interest rate of approximately 4.2% [3] - The interest rate for both loans is expected to adjust to approximately 4.7% in March 2026 when certain SOFR swap agreements mature [3] Lender Information - The 2030 Term Loan was provided by a syndicate of banks led by KeyBank National Association, with other participating banks including PNC Bank, Regions Bank, and Wells Fargo Bank [4]

Core Viewpoint - XCharge North America and Ascentium Capital have launched a pioneering initiative aimed at accelerating the development of EV charging infrastructure in the U.S. [1] Company Summary - XCharge North America is a subsidiary of XCHG Limited, listed on NASDAQ under the ticker XCH, and focuses on high-power EV charging and battery-integrated solutions [1] - Ascentium Capital, a division of Regions Bank, specializes in financing solutions for small business equipment [1] Industry Summary - The initiative is designed to enhance the EV charging infrastructure, which is critical for the growth of electric vehicle adoption in the U.S. [1]

Core Insights - Brown & Brown, Inc. has appointed Joia M. Johnson to its board of directors, bringing extensive experience from her previous roles at Hanesbrands Inc. and RARE Hospitality International, Inc. [1][2] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, with over 700 locations and a workforce of more than 23,000 professionals [4]. Leadership and Governance - H. Palmer Proctor, Jr., lead independent director, highlighted Johnson's ability to navigate complexity and her experience on various publicly traded boards [2]. - J. Powell Brown, CEO, emphasized that Johnson's unique experience will significantly impact the board and support the company's growth strategy [2]. Joia M. Johnson's Background - Johnson served as Hanes' chief administrative officer from 2016 to 2021 and held multiple leadership roles from 2007 to 2021 [2]. - Prior to her tenure at Hanes, she was executive vice president and general counsel at RARE Hospitality International, Inc. from 2001 to 2007 [2]. Board Memberships - Johnson currently serves on the boards of Global Payments Inc., Sylvamo Corporation, and Regions Financial Corp., holding various committee memberships [3].

RT Bloomberg Live (@BloombergLive)ICYMI: "Human beings can make the same kinds of mistakes that AI does. They can have biases," @RegionsBank’s Manav Misra explained the need for governance and risk controls across AI at #ValueOfAI.⏯️ https://t.co/QeuQ4SL2Nc https://t.co/FNIrzTfNV9 ...

RT Bloomberg Live (@BloombergLive)NOW: The #ValueOfAI begins in Atlanta. Join conversations with @WellsFargo’s Ashley Regner, @UPS’ Mallory Freeman, @RegionsBank’s Manav Misra and more Presented By @IBM.https://t.co/EAPJoGIKXR ...

RT Bloomberg Live (@BloombergLive)Manav Misra of @RegionsBank joins #ValueOfAI on 8/12 in Atlanta to explore how strong data foundations are enabling smarter customer experiences and greater efficiency. Don’t miss it: https://t.co/gTcAtkNzrB https://t.co/npjscWXsQ5 ...

Core View - Regions Bank provides a diverse range of mortgage loan products, making it a viable option for buyers and homeowners in its operational states [1] Group 1: Product Offerings - Regions Bank offers various home loan options, including conventional loans, government-backed loans, construction loans, medical professional loans, no-down-payment mortgages, and renovation loans [2][6] - The bank also provides home equity loans, home equity lines of credit (HELOCs), and refinancing options for existing homeowners [2][10] Group 2: Availability and Transparency - Regions Bank operates in 23 states and Washington, D.C., with a limited presence compared to other lenders [3][25] - The bank does not publicly advertise its mortgage rates, which are reported to be higher than industry medians, requiring potential borrowers to contact loan officers for quotes [3][15][28] Group 3: Loan Costs and Ratings - According to 2024 Home Mortgage Disclosure Act data, Regions Bank scored 2 out of 5 stars for mortgage rates, indicating higher-than-median rates of 6.75%, and a score of 3 out of 5 stars for total loan costs, with a near-median total cost of $5,751.77 [18][32] Group 4: Online Features and Resources - Regions Bank offers a suite of online tools, including calculators and educational resources, to assist borrowers throughout the mortgage process [28][22] - The bank provides a digital lending platform for mortgage applications and prequalification, enhancing accessibility for potential borrowers [19][20]