Typically, BDCs (or business development companies) are not associated with retirement income investing. This is because the level of risk that is embedded in the BDCs is simply too high for what could be considered prudent in the context of retirement income.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latv ...

In my last piece on business development company Goldman Sachs BDC Inc. (NYSE: GSBD ), I recommended the BDC’s stock as a ‘Buy’ to passive income investors. This stock classification was supported by Goldman Sachs BDC lowering its incentive fee, which createdA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news su ...

ADS Analytics is a team of analysts with experience in research and trading departments at several industry-leading global investment banks. They focus on generating income ideas from a range of security types including: CEFs, ETFs and mutual funds, BDCs as well as individual preferred stocks and baby bonds.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NCDL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinio ...

Company Overview - Evaxion A/S is a clinical-stage TechBio company that specializes in developing AI-Immunology™ powered vaccines [4] - The company utilizes proprietary AI prediction models to decode the human immune system and create novel immunotherapies for cancer, bacterial diseases, and viral infections [4] - Evaxion has a clinical-stage oncology pipeline of personalized vaccines and a preclinical pipeline targeting infectious diseases with high unmet medical needs [4] Upcoming Events - Evaxion will provide a business update and report its first quarter 2025 financial results on May 27, 2025, before the opening of Nasdaq CM [1] - The Executive Management will host a conference call and webcast on the same day at 14:30 CET/08:30 EST, which is free and open to the public [2] - Participants can register in advance to receive dial-in numbers and a unique PIN code for the conference call [2] Communication and Contact - Mads Kronborg is the Vice President of Investor Relations & Communication at Evaxion, and can be contacted at +45 53 54 82 96 or via email at mak@evaxion.ai [4]

Real Estate Development - The Kalaranna development in Tallinn has reached substantial completion with 68 sold apartments and an overall sales rate of nearly 60% [1] - In Kristiine City, four projects are in the design and building permit application phase, expected to add approximately 35,000 sqm of GBA and around 350 residential units [2][3] - The White Building project in Kristiine City has progressed well, achieving a 57% sellout with final completion expected by November–December 2025 [4] - A new 7-story residential building with 90 units has begun excavation and foundation works, with approximately 11% of units sold [5] - The Blue Marine project in Riga, consisting of 101 residential units, is set to break ground in July 2025, following the successful sales of River Breeze Residence [6] - In Vilnius, the final stage of Šaltinių Namai Attico is on schedule with a 35% sellout in villas and 10% in the commercial building [7] - A new high-end residential complex is planned on Naugarduko Street in Vilnius, featuring approximately 50 luxury apartments, with renovation works expected to start at the end of 2025 [8] Hotel Operations - Hotel performance in Q1 2025 was slightly below last year's level due to a decline in individual demand, particularly in February, but recovery is expected in the coming quarters [9][10] Other Operations - The Group's subsidiaries in Italy are strengthening their presence in the real estate market, with a significant increase in business activity noted since April 2025 [11][12] - Preatoni Nuda Proprietà is evaluating new acquisition opportunities to resume trading activities [13] Financial Performance - Total revenue for Q1 2025 was €12.5 million, a significant increase from €3.1 million in Q1 2024 [16] - Gross profit for Q1 2025 rose to €4.2 million compared to €0.9 million in the same period of 2024, with a gross profit margin of 34% [19][22] - The operating result for Q1 2025 was a profit of €2.5 million, compared to a loss of €0.7 million in Q1 2024 [20][22] - The net result for Q1 2025 was a profit of €1.9 million, compared to a loss of €1.7 million in the reference period [20][22] - Cash generated from operating activities during Q1 2025 was €1.3 million, compared to €1.7 million used in the same period of 2024 [20] Key Performance Indicators - Total assets as of March 31, 2025, were €121.1 million, up from €105.9 million a year earlier [22] - Total liabilities increased to €68.0 million from €52.0 million year-over-year [22] - Net asset value per share was €0.94 as of March 31, 2025, compared to €0.95 a year earlier [21][22]

Core Viewpoint - Hunan Senlan Real Estate Development Co., Ltd. has successfully acquired a residential land parcel in the core area of Changsha International Convention and Exhibition New City for a total price of 218 million yuan [1] Group 1: Land Acquisition Details - The land parcel N08-E32 has a total area of 41 acres and a building area of 54,726 square meters [1][8] - The starting price for the land was set at 217.81 million yuan, with a bidding increment of 2.18 million yuan [2] - The land is designated for residential use with a usage period of 70 years and a maximum floor area ratio of 2.0 [2][8] Group 2: Location and Transportation Advantages - The land is strategically located near major transportation routes, including a 5-minute drive to the South High-speed Railway Station and a 15-minute drive to Huanghua Airport [4] - Proximity to the metro lines, including the nearby Dujiaping Station and future construction of additional stations, enhances accessibility [4] Group 3: Educational and Commercial Infrastructure - The area boasts a high-quality educational system with the new Yali Middle School campus opening in September 2023 and plans for Yali Convention School to start enrollment in 2026 [4] - Adjacent to the land is the Changsha Fenshan Outlets, a large commercial complex with an investment of approximately 2 billion yuan, set to open in September 2025 [6] Group 4: Future Development and Urban Planning - The Changsha International Convention and Exhibition New City is experiencing significant investment in infrastructure, aiming to create a livable, workable, and enjoyable urban environment [8] - Additional high-quality land parcels are expected to be released in the area, indicating ongoing development and growth potential [8]

Core Insights - Toll Brothers Apartment Living has launched a new luxury apartment community named Navona in Mesa, Arizona, featuring 400 one-, two-, and three-bedroom units [1][3] - The community aims to provide resort-style living with a focus on connection, wellness, and relaxation, supported by a $78 million construction loan from Bank OZK [1][5] Company Overview - Toll Brothers Apartment Living is a subsidiary of Toll Brothers, Inc., recognized as the nation's leading builder of luxury homes, and has been named one of the Top 25 Largest Developers by the National Multifamily Housing Council for five consecutive years [8][10] - The company has completed over 10,000 units nationally and has more than 18,000 units currently in production [8] Community Features - Navona offers high-end finishes and modern conveniences, including quartz countertops, stainless steel appliances, and smart home technology [3][5] - The community includes extensive resort-style amenities such as a pool, fitness center, and various recreational facilities, designed to enhance residents' lifestyles [5] Market Position - Mesa is identified as one of the fastest-growing submarkets in the Phoenix metropolitan area, driven by strong economic growth and diverse lifestyle offerings [3][5] - The location of Navona provides residents with convenient access to major employment centers, shopping, dining, and outdoor recreation, enhancing its appeal [5][6]

FRP Holdings, Inc. Investor Day MAY 22, 2025 Safe Harbor Disclosures Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include, but are not limited to: the possibility that we may be unable to find appropriate investment opportunities; levels of construction activity in the markets se ...

Core Points - International Land Alliance, Inc. (ILAL) has filed its audited financial statements for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission [1] - The audited financials confirm record gross revenues exceeding $8 million and net revenues of $3 million for the year 2024 [2] - ILAL management is progressing towards uplisting to NASDAQ by the end of 2025, with the potential to achieve this without an underwritten offering [3][4] - The company is in the final stages of appointing three independent directors to comply with NASDAQ requirements [4] - Despite global economic challenges, ILAL has maintained steady sales, attributed to its business model and the affordable luxury homes in Baja California [5] Company Overview - ILAL is an international land investment and development firm based in San Diego, California, focusing on sustainable and socially responsible solutions [5] - The company specializes in acquiring raw land in Northern Baja California, aiming to develop a diverse portfolio of properties for investment and living options [5]

Core Insights - Builder.ai, once valued at $1 billion, has declared bankruptcy, with debts exceeding $115 million owed to Microsoft and Amazon [1][7][9] - The company's business model was criticized for relying heavily on human labor rather than actual AI technology, leading to allegations of being a "fake AI platform" [3][5][11] - Despite raising nearly $500 million in funding, Builder.ai's operational costs far exceeded its revenue, with daily expenses estimated at over $500,000 [6][9][10] Company Overview - Builder.ai was founded in 2016 in the UK, initially named Engineer.ai, and launched its first AI platform product in 2017 [3] - The company claimed to offer a no-code app development platform that could reduce development costs to one-third of traditional methods and double the speed [3][4] - The platform's actual development was largely performed by low-cost engineers in India, contradicting its AI-driven claims [4][5] Financial Performance - Builder.ai raised significant funding, including $250 million in May 2023 and $50 million from debt markets in October 2024 [6] - The company reported revenue of £23 million for the fiscal year ending March 2023, covering less than 9% of its daily operational expenses [9][10] - The company faced severe cash flow issues, with only $7 million in cash reserves when the new CEO took over in March 2025 [10] Leadership and Management Issues - Sachin Dev Duggal resigned as CEO in March 2025, with Manpreet Ratia taking over amid ongoing financial struggles [10] - The company attempted to cut costs by laying off employees but ultimately failed to recover from its financial burdens [10][11] Industry Context - Builder.ai's downfall highlights the risks associated with the AI investment boom, where many companies may lack genuine technological foundations [11][12] - The situation serves as a cautionary tale for investors and developers, emphasizing the need for a return to practical, technology-driven solutions rather than speculative ventures [11][12]