Preferred Bank completes inventory – GuruFocus.com | Jfk Loans

LOS ANGELES, Aug. 04, 2022 (GLOBE NEWSWIRE) — Preferred Bank (PFBC), one of California’s larger independent banks, today announced the completion of its $32 million share repurchase program. The bank bought 464,438 shares for a total price of $31,999,779. Chairman and CEO Li Yu commented, “Due to our significant earning power and strong capital base, … Read more

Apollo Commercial Real Estate – GuruFocus.com | Jfk Loans

NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (:ARI) announced today that the Company has closed two dual asset backed financing facilities Has. The first facility is a non-revolving, senior secured construction loan with a maximum advance rate of up to $388.4 million from Bank … Read more