Directed Capital has raised $92 million in equity commitments to buy commercial real estate debt.
The St. Petersburg firm specializes in working with borrowers to turn around troubled commercial real estate mortgage loans. The firm will use its newly raised funding to acquire more than $500 million in commercial mortgage loans, then work to successfully resolve the assets, a news release said.
Over the last six months, we’ve had plenty of time to reflect on our new normal. There have been a few bright spots here and there, but most of us agree that 2020 is something we’d like to forget. Now, as we enter the final three months of the year, many of us are also starting to think about the future. What will it look like? Can we ever go back to the way things were? And should we?
Dr. Brandy Stark, a respected St. Pete artist known for her wrapped wire metal pieces, was Wednesday's guest on The Catalyst Sessions - checking in from her downtown ArtLofts studio - and the conversation covered her background, her extensive education, her continuing role as a teacher, and, of course, her work. Along with the wire and found-object pieces, Stark is a photographer and a sculptor with polymer clay.