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Warba Bank acquires property in Dallas

Warba Bank has adds another investment to its global real- estate investment portfolio with the acquisition of a property in Euless, a suburb of Dallas, Texas. Warba Bank’s equity investment in Suite 2801, a 417- unit apartment community , amounts to $23.46 million, a statement said. The acquisition came through a joint venture partnership with Cortland Partners, a full- service multifamily real estate acquisition , development, and operating entity. This transaction follows the bank's successful real estate expansion strategy , derived from in-depth research, undertaken by the Investment Banking Group . Commenting on the bank's third acquisition in the US since the beginning of this year, Thuwaini Khaled Al -Thuwaini, deputy chief investment banking officer , said:  "We’re excited to record another milestone under the bank's global real estate investment programme due to the hard efforts of the team at the Investments Banking Group . Warba Bank is keen on ide...

This guy is accused of swindling millions of dollars out of unsuspecting Torontonians

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Johnson Chrome was a notorious big spender with a taste for bottle service , bespoke suits and $10,000 shoes. The source of his wealth? A sophisticated identity theft scheme that may have conned Torontonians out of millions. The untold story of the city’s most wanted fraudster Photographs: All portraits via Facebook; background by iStock T he fraudster who called himself Johnson Chrome liked to sit on a bench at the intersection of Hazelton and Yorkville, smoking a Montecristo Edmundo robusto and talking about fashion, cars and cigars to anyone who’d listen. He was charming and handsome, with a neatly trimmed beard , a shaved head and perfect teeth. The perch placed him at the centre of the rarefied universe he’d come to inhabit. His condo, in the former Four Seasons hotel, was steps to the west, and he parked his black Jaguar at the Hazelton Hotel opposite . His gym, the sleek Equinox, was a minute’s walk northwest; his preferred cigar shop , La Casa del Habano , was to the sout...

AvalonBay Communities (AVB) Q2 2017 Results - Earnings Call Transcript

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AvalonBay Communities, Inc. (NYSE:AVB) Q2 2017 Earnings Call August 03, 2017 1:00 pm ET Executives Jason Reilley - AvalonBay Communities, Inc. Timothy J. Naughton - AvalonBay Communities, Inc. Sean J. Breslin - AvalonBay Communities, Inc. Matthew H. Birenbaum - AvalonBay Communities, Inc. Kevin P. O'Shea - AvalonBay Communities, Inc. Analysts Nicholas Joseph - Citigroup Global Markets , Inc. Nick Yulico - UBS Securities LLC Richard Allen Hightower - Evercore ISI Juan Sanabria - Bank of America Merrill Lynch Andrew T. Babin - Robert W. Baird & Co., Inc. Austin Wurschmidt - KeyBanc Capital Markets , Inc. Dennis Patrick McGill - Zelman & Associates Wes Golladay - RBC Capital Markets LLC Alexander Goldfarb - Sandler O'Neill & Partners LP Vincent Chao - Deutsche Bank Conor Wagner - Green Street Advisors , LLC Richard Hill - Morgan Stanley & Co. LLC Robert Stevenson - Janney Montgomery Scott LLC Operator Good morning, ladies and gentlemen, and welcome to AvalonBay...