Finance

Shopoff Realty Investments Secures $105 Million Construction Loan for 1.8 Million-Square-Foot Logistics Center in Riverside County

IRVINE, Calif., April 5, 2021 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has secured a $105 million construction loan from Bank OZK for its I-10 Logistics Center project, located near the I-10 freeway and Cherry Valley Boulevard interchange. The project is a joint venture partnership between Shopoff Realty Investments and Artemis Real Estate Partners.

Projects GOP tied to Pelosi, Schumer dropped from virus bill

WASHINGTON (AP) — Republicans opposing a $1.9 trillion COVID-19 relief package that passed the House have pointed to two transportation projects as examples of pork that would politically benefit Democrats leaders Chuck Schumer and Nancy Pelosi.

Cost of a single Bitcoin exceeds $50,000 for first time

The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time.

Stocks push to more gains, and record highs, on Wall Street

U.S. stocks notched more gains and pushed to new highs Monday, extending a winning streak that just gave the market its best weekly gain since November.

Wall Street’s GameStop bug may have mutated; silver surges

The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.

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