Fintech PR
Hilco Real Estate Finance Launches Short Term Property Finance to the UK Market
NORTHBROOK, Ill., July 19, 2023 /PRNewswire/ — Hilco Real Estate Finance (HREF), an institutionally backed real estate bridge lender, is bringing flexible, fast, short-term property finance expertise to the marketplace. The group is led by industry experts and co-founders Brad Altberger, Chief Executive Officer and Max Lewis, Chief Investment Officer.
As a team of highly experienced finance professionals, HREF is backed by Hilco Global, a multi-national organization with over $3 billion in assets under management and industry experts who bring a deep understanding of the secured lending market in the UK and worldwide.
On the recent launch of the group in the UK market, CEO Brad Altberger says, “As a team of experienced lenders, we seek to understand our clients’ property assets and funding requirements and to offer speedy, flexible and reliable short-term financing solutions for all property types across the United Kingdom.”
With extensive experience in property finance, the HREF experts understand that speed, flexibility, and reliability are key to ensuring successful lending, whether the client is looking to finance residential or commercial property.
“As capital gaps continue to materialize in the real estate financing landscape, HREF is finding an increasing number of opportunities to deploy its flexible finance to assist our clients,” says CIO and co-founder Max Lewis.
As a team, HREF prides itself on its ability to provide tailored finance solutions that meet the specific needs of the client, with loans ranging from £1m to £50m and loan-to-value ratios of up to 75%. The HREF lending process is fast and efficient, allowing the client to access the capital they need quickly and without hassle.
Mr. Altberger is an experienced investor and lender across multiple real estate asset classes and has been involved in the acquisition and/or disposition of more than $10 billion of assets, including real estate, mortgage portfolios and companies. As a partner at Micota Capital, he made real estate backed bridge loans in addition to equity investments in real estate and real estate backed operating businesses.
Mr. Altberger was a London-based Managing Director of GI Partners, where he sat on the Investment Committees of funds with more than $3 billion of equity commitments. He began his career in Arthur Andersen’s Structured Finance Group. Mr. Altberger holds a B.S. cum laude in Economics from The Wharton School of the University of Pennsylvania.
Prior to co-founding HREF, Mr. Lewis was at Arrow Global where he led a specialist lending franchise. Mr. Lewis previously set up two bridge lending programs in the UK, as well as programs in Portugal, the Netherlands and Ireland. He started his credit investment activities at the specialist credit investment fund JP Morgan Principal Strategies and previously worked at Rothschild in M&A and financial restructuring. Mr. Lewis holds a chemistry degree from Oxford University.
Managing Directors Andrew Ward and Sean Adams complement the leadership team and bring decades of experience investing in real estate backed bridge loans and leading institutional private credit groups. Andrew Ward joins HREF having previously headed specialist lenders Bergen Capital and Reparo, and Sean Adams joins from Interbridge, where he served as Chief Commercial Officer.
“Growing our successful bridge lending practice into the UK market is a natural next step to expand Hilco Real Estate’s business,” says Neil Aaronson, CEO of Hilco Real Estate and Chairman of HREF. “With over 20+ years of experience in the industry, Hilco Real Estate has become known to business owners and advisors alike as the experienced, strategic partner to trust. We see this as a seamless extension of that reputation.”
Years of combined professional experience and access to Hilco Global’s worldwide, diversified financial platform allow for tailored services and customized solutions with each client engagement. A fully flexible capital base enables the group to fund a range of capital structures, from short-term debt finance to joint venture equity. HREF works with residential and commercial transactions across the UK, without any preference for a specific sector. The group’s senior professionals have successfully completed hundreds of value-maximizing transactions for real estate owning clients across a broad range of industries.
About Hilco Real Estate Finance:
Hilco Real Estate Finance (HREF) is an institutionally backed property lender that specializes in providing bespoke and flexible property finance solutions across various real estate sectors and capital structures. With extensive experience in property finance, HREF understands that speed, flexibility and reliability are key to ensuring successful lending, whether you’re looking to finance residential or commercial property.
Hilco Global operates as a holding company comprised of over twenty specialized business and has nearly four decades of success as advisor, agent, investor and/or principal in any transaction.
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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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Fintech PR
Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app
LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.
The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.
With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.
Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”
The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.
Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”
Editor’s notes
- Contact: Rob Benson, 07815098560, [email protected]
- Further images, interviews, site visits available
About MyStaff app
The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.
Web: mystaffapp.io
About Mid and South Essex NHS Foundation Trust
MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.
Web: mse.nhs.uk
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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
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