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Alaska Mortgage Company - News

Seahawks players look ahead to big endorsement deals as they march toward ...
Wilson late last year added Microsoft and Alaska Airlines to endorsement deals with Nike, Pepsi and insurance company American Family, said his agent, Mark Rodgers. “Russell has begun to create a personality and a personal brand that corporate America

Wells Fargo to Sell 42 Insurance Brokerage Offices to USI
The sale, which is scheduled to be completed in the second quarter, includes six locations in West Virginia and offices in Ohio, Idaho and Alaska. INN Breaking News (Bloomberg) -- Wells Fargo & Co., the largest U.S. home lender, agreed to sell more

Wells Fargo Makes Move to Strengthen Insurance Markets & Partnerships with ...
Wells Fargo Makes Move to Strengthen Insurance Markets & Partnerships with ... (Source: Wells Fargo) – With an increased focus on serving middle and upper middle market customers in key markets, Wells Fargo Insurance, part of Wells Fargo & Company, has entered into an agreement with USI Insurance Services to sell 42 of its

DIARY - US Company Conference Calls/Webcast for week ahead
DATE GMT SYMBOL COMPANY NAME AND PERIOD 23 Jan 13:00 Q4 2013 Cash America International Erngs Conf Call 23 Jan 13:00 Q1 2014 Hill-Rom HoldingsErngs Conf Call 23 Jan 13:15 Q1 2014 Raymond James Financial Inc Erngs Conf Call 23 17:30 Q4 2013 Alaska

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Transactions & Financings: Strategic Student & Senior Housing Trust, BMO Harris

Strategic Student & Senior Housing Trust, a public, non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, has for $92 million acquired Courtyard at Mt. Tabor, a 286-unit senior housing community in Portland, Oregon.

Strategic Student & Senior Housing Trust plans to break ground on an expansion project later this year that will add an additional 23-unit memory care building to the community.

The owners and developers of the community chose to sell the property after a 25-year ownership stint. Blueprint Healthcare Real Estate Advisors’ Dan Mahoney lead the disposition along with Jacob Gehl and Blake Bozett.

BMO Harris Acts as Sole Lender for $51 Million Term Facility for Arcapita, Senior Care Development, and LCS

BMO Harris Bank’s healthcare real estate Finance group has closed on a $51 million facility for Arcapita, Senior Care Development, and LCS.

The facility is meant to finance the recapitalization of Sedgebrook, a continuing care retirement community (CCRC) with 467 independent living, 38 assisted living and 84 skilled nursing units in Lincolnshire, Illinois.

Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 12.5% to $0.27 per Share

“We are positioned to benefit from rising interest rates and lower tax costs, which is contributing to our profitability and our ability to increase our dividend to shareholders.  In addition, the improved price stability for natural resources bodes well for the Alaska economy and the Northrim banking franchise,” said Joe Schierhorn, President and CEO.  At the stock price of $44.25 per share at the close of the market on August 23, 2018, the current dividend equates to a yield of 2.44% on an annualized basis.

On July 30, 2018 - Northrim reported profits increased 62% to $5.8 million, or $0.84 per diluted share, in the second quarter of 2018, compared to $3.6 million, or $0.51 per diluted share, in the second quarter of 2017, and increased 44% from $4.1 million, or $0.58 per diluted share in the first quarter of 2018.  Rising short-term interest rates contributed to profitability with net interest margin ("NIM") expanding to 4.50% and on a tax equivalent basis* ("NIMTE") expanding to 4.56%, as short-term investments repriced or matured and were reinvested at higher interest rates during the second quarter.  In addition, earnings reflect a benefit from lower tax rates effective for 2018.  Pretax, pre-provision profits increased 22% to $6.7 million in the second quarter of 2018 from $5.5 million in the second quarter a year ago and grew 36% from $4.9 million in the preceding quarter.