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CHICAGO -- Fitch Ratings has downgraded CapitalSource Inc.'s (CSE) long-term Issuer Default Rating (LT IDR) to 'BB-' and assigned a long-term IDR of '...
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People - Appointments - Brief Article
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Local real estate developer Paul Kite Co. had emerged as a top contender to buy the struggling downtown property from Maryland-based CapitalSource Inc., which assumed ownership of the 28-story building in June after foreclosing on a $5 million mezzanine loan. Targeting tenants New leasing agent Jon Owens, a principal with CTMT and a longtime office broker in Indianapolis, is confident he can help elevate the building's stature in the downtown real estate market.
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CapitalSource Inc., a Maryland-based specialized commercial finance company, announced Monday that it has filed an application for an industrial bank charter with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp.
CapitalSource offers asset-based, senior, cash flow and mezzanine financing to small and mid-sized borrowers through three focused lending businesses: Corporate Finance, Healthcare and Specialty Finance and Structured Finance. As of March 31, CapitalSource said it has outstanding more than $7.1 billion in loan commitments.
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NEWARK, Del. -- Every trading day our team at Penny Stock Chaser looks through thousands of stocks to identify those that are poised and ready to move...
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CapitalSource shaves loss
CapitalSource Inc., of Chevy Chase, a commercial lender to middle- market businesses, reported a fourth-quarter net loss of $244 million, or 76 cents per share, compared to a net loss of $301 million, or $1.08 per share, in the 2008 period. Analysts polled by Thomson Reuters expected on average a loss of 31 cents per share in the recent quarter. The company, which last year became a commercial bank, said the fourth-quarter results were driven largely by increases to its allowance for loan losses. Loan-loss reserves totaled $587 million, a net increase of $70 million from the prior quarter.
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CHICAGO -- Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match t...
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CapitalSource Inc., of Chevy Chase, a commercial lending, investment and asset management business focused on the middle market, said it swung to a lo...
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Additional Funds Support Allied's National Expansion Efforts
SUNRISE, Fla. -- Allied Mortgage and Financial Corporation, a wholesale collateral-base...
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TierOne Corp. dropped $2.23, down 12.8 percent, closing at $15.17 on the Nasdaq Tuesday, after Chevy Chase-based CapitalSource Inc. said it may not co...