Latest news with #Radius
Belfast Telegraph
4 days ago
- Business
- Belfast Telegraph
Radius invests in 500 new homes after £75m loan
The £75m facility with Danske bank is a sustainability-linked loan, where the cost of the debt is linked to sustainability objectives. The social enterprise has targets focusing on reducing greenhouse gas emissions and improving energy performance certificates (EPCs). Radius provides housing, care and support to 30,000 homes on the island of Ireland. It has a staff of around 1,000 people. It manages 14,000 properties across all 11 council areas in Northern Ireland, with a presence in 80 different towns. Alan Thomson, director of finance at Radius Housing, said: 'Radius Housing is committed to improving the sustainability of our business practices as part of our continual focus on improving the service that we provide to our tenants. 'Agreeing this sustainability linked loan with Danske Bank is the next step on our journey and aligns with our strategy to ensure sustainability is embedded in all of our new and retrofitted homes, helping Radius become one of the most efficient and sustainable housing providers in the region.' News Catch Up - Tuesday 17th June Claire McKeown, corporate relationship manager at Danske Bank said: 'We are delighted to provide this significant financial package to Radius Housing to support them in their mission to become one of the most sustainable and efficient housing providers in Northern Ireland. 'Thanks to close collaboration with Savills Financial Consultants and the legal teams in Shoosmiths, TLT, Anthony Collins and Wilson Nesbitt, we were able to facilitate a quick completion on the funding.' Dominic O'Neill, senior corporate relationship manager at Danske Bank added: 'Danske Bank has been a lead provider of finance to the social housing sector in Northern Ireland for many years and we want to continue to help the sector to thrive and meet the needs of people across Northern Ireland. ' The funding underscores our commitment to sustainable development and supporting communities across Northern Ireland.' Radius have recently welcomed the first tenants into new homes on the £5.4m development in the Oaks Road, Dungannon. It invested £2.43m into the 30 new two-and-three bed homes. The housing provider was also one of the winners at last years Belfast Telegraph Property Awards, picking up a prestigious prize for the Creevagh Heights and Sean Dolan's GAC Community Facilities project in Derry.
Yahoo
4 days ago
- Business
- Yahoo
Baker Hill Platform Adds Enhancements in CRE, CECL, Compliance, & Agricultural Analysis
CARMEL, Ind., June 16, 2025 /PRNewswire/ -- Baker Hill is on a mission to empower financial institutions to lend better, faster, and more. Over the past six months, BKR has rapidly expanded and enhanced its platform to help financial institutions tackle four mission-critical areas: Commercial Real Estate (CRE), CECL compliance, AI-driven compliance and agricultural spreading and financial analysis. These innovations are transforming how financial institutions manage risk, meet regulatory demands, and scale operations—all while staying profitable and agile in today's market. CRE Gets Smarter: Baker Hill Radius Baker Hill Radius brings intelligent property analytics to the forefront, offering real-time visibility into your CRE portfolio's risks and opportunities. More than just monitoring exposure, Radius helps institutions maximize returns with speed, precision, and confidence through one single portal experience. CECL Made Simple: Baker Hill CECL CECL compliance is complex – but it doesn't have to be. Baker Hill CECL with enhanced modeling, removes the guesswork and optimizes the utilization of the financial institution's data to have a clear view into expected credit loss. The platform streamlines expected credit loss modeling and reporting, making it easier for institutions to stay compliant, and focused on strategic growth—not spreadsheets. AI to the Rescue: Baker Hill Comply Regulatory pressure is rising—and most compliance teams are stretched thin. Enter Baker Hill Comply—your AI-powered compliance assistant. Baker Hill Comply uses AI to deliver an expert compliance assistant super powering compliance teams to get their jobs done while spending less time and money on consultants, lawyers, and more. Tasks that used to take days or weeks are now done in minutes. It's faster, smarter, and dramatically more efficient, giving compliance officers time to lead rather than chase paperwork. Agricultural Spreading and Financial Analysis This partnership will allow financial institutions that leverage FINPACK's advanced agricultural analysis tools to work with Baker Hill NextGen®, empowering financial institutions to make faster, more informed credit decisions for ag borrowers. Lenders will benefit from robust financial projections, stress testing, and benchmarking data from FINPACK, while gaining efficiencies within the intuitive, streamlined workflow of Baker Hill's loan origination platform. Leading Innovation With these four pillars—CRE, CECL, Compliance & Agricultural Spreading & Financial Analysis - Baker Hill continues to drive innovation that's redefining what's possible for financial institutions across the country. About Baker Hill Baker Hill is the most advanced lending platform for growing & innovative financial institutions. For more than 40 years, we've walked alongside banks and credit unions. Our goal has always been to help institutions lend faster, lend better and lend more. For more information, visit View original content to download multimedia: SOURCE Baker Hill Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
06-06-2025
- Business
- Hindustan Times
HC stays MahaRERA order to appoint new developer for Anantya SRA
MUMBAI: The Bombay high court recently stayed an order passed by the Maharashtra Real Estate Regulatory Authority (MahaRERA) that allowed a new developer, Chandak Realtors, to take up a slum rehabilitation project in Kurla without addressing the rights of previous stakeholders. Initially, Radius & Deserve Builders LLP was appointed as the developer for the Anantya slum rehabilitation project, which involved the construction of free sale buildings and housing for slum dwellers. Later, Capacit'e Infraprojects Ltd was appointed as a contractor to carry out civil engineering and construction work. As part of the agreement, Capacit'e was allotted 10 flats in the project. However, due to pending corporate insolvency proceedings against Radius & Deserve, the Slum Rehabilitation Authority (SRA) in September 2021 appointed Chandak Realtors Pvt Ltd as the new developer. Subsequently, Chandak approached MahaRERA in September 2022 seeking a fresh registration of the project, arguing that the liabilities created by Radius should not be imposed on it. In March 2023, MahaRERA approved the fresh registration of the project. Capacit'e then challenged the order, arguing that it was passed under a suo-moto (on its own) proceeding despite the matter under consideration being an application filed by Chandak. 'A suo-moto power to be exercised, in such circumstances, cannot be traced under the RERA Act and that too by constituting a full bench so as to pass such [an] order,' senior advocate Sharan Jagtiani, representing Capacit'e, told the court. He further objected to the blanket observations made in the order, which he said completely obliterates Capacit'e's rights to the 10 flats granted by the previous developer. Senior advocate Ravi Kadam, representing Chandak Realtors, contended that Capacit'e's claims stand against Radius and not Chandak. Therefore, whatever rights Capacit'e has with respect to Radius cannot be asserted on Chandak, he said. The division bench of justices GS Kulkarni and Advait Sethna found prima facie substance in Capacit'e's contentions and granted a stay on the MahaRERA order. The bench questioned the suo-moto aspect of the case, considering the application was moved on behalf of Chandak. 'Considering the provisions of the RERA Act, prima facie, we do not find any such powers being conferred on the authority to constitute such [a] full bench and pass such orders as suo moto orders,' it said. 'Prima facie the reading of the impugned order, so as to fall outside the provisions of the RERA Act, also does not appeal to us, more particularly for the reason that such [an] order could not have been passed in complete violation of the principles of natural justice, when it categorically affects the third parties like the petitioner,' it added.
Associated Press
14-03-2025
- Business
- Associated Press
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Radius Recycling, Inc. Buyout
Wilmington, Delaware--(Newsfile Corp. - March 14, 2025) - Rigrodsky Law, P.A. is investigating Radius Recycling, Inc. ('Radius') (NASDAQ: RDUS) regarding possible breaches of fiduciary duties and other violations of law related to Radius's agreement to be acquired by Toyota Tsusho America, Inc. Under the terms of the agreement, Radius shareholders will receive $30.00 per share in cash. To learn more about this investigation and your rights, visit: [email protected]. Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide. Attorney advertising. Prior results do not guarantee a similar outcome. Contact: Rigrodsky Law, P.A. Seth D. Rigrodsky, Esq. Gina M. Serra, Esq. Telephone: (302) 295-5310
Yahoo
14-02-2025
- Business
- Yahoo
Radius Recycling's 3PR(TM) Services: Enhancing Material Recovery and Landfill Diversion for Nation's Largest Brands
NORTHAMPTON, MA / / February 14, 2025 / Originally published in Radius Recycling's 2024 Sustainability Report Recycling plays a crucial role in the sustainability efforts of any business. Our 3PR™ Third Party Recycling services cater to the growing demand from companies, organizations, and other entities to enhance their recycling rates and materials recovery. The 3PR™ portfolio advances manufacturing and retail productivity, minimizes waste sent to landfills, and mitigates industrial carbon emissions for our partners. Our comprehensive services examine the supply chains of retail, manufacturing, and industrial customers to identify and leverage materials recovery and recycling strategies for a growing array of material types. We deliver value to our customers through the income generated from recycling efforts, while also reducing the environmental impact of their activities. Through our diversified supply channels, we provide tailored recycling and logistical solutions that enable businesses to efficiently handle both post-industrial and post-consumer materials. Helping The Home Depot® Advance Circularity Since 2014, Radius has partnered with The Home Depot to support their goals around circularity and commitment to recycling and reuse. Our 3PR™ teams manage recycling programs across The Home Depot's network for ferrous and nonferrous metals, cardboard, expanded polystyrene (EPS), and plastic film, helping to keep valuable materials out of landfills. Railcar Parts Management with TTX Company (TTX) With a fleet of more than 175,000 railcars throughout the U.S., Mexico and Canada, TTX is a critical part of North America's transportation infrastructure. As a leader in railcar retirement services, Radius has supported TTX through management of its end-of-life railcar assets since 2008, and more recently by servicing 20 of the company's railcar maintenance locations. Through our comprehensive 3PR™ services, Radius not only recycles valuable metals from TTX end-of-life assets, but we extract usable rail parts and return them to the company for reconditioning and reuse. In the last five years alone, Radius has processed approximately 85,000 gross tons (GT) of railcar materials for TTX, ensuring valuable resources are responsibly recycled and remain at the center of the circular economy. Read more View additional multimedia and more ESG storytelling from Radius Recycling on Contact Info:Spokesperson: Radius RecyclingWebsite: info@ SOURCE: Radius Recycling View the original press release on ACCESS Newswire Sign in to access your portfolio
