Radio waves

Researchers harness energy from radio waves to power portable devices – sciencedaily

From microwave ovens to Wi-Fi connections, the radio waves that permeate the environment are not only signals of energy being consumed, but are also sources of energy themselves. An international team of researchers, led by Huanyu “Larry” Cheng, Dorothy Quiggle Career Development Professor at the Penn State Department of Engineering Science and Mechanics, has developed […]

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New IRS restrictions on PPP loans

Small businesses that received PPP loans and used those funds to incur otherwise deductible qualifying expenses can not deduct expenses if they reasonably expect receive the PPP loan remission, even if they have not yet received or requested the remission. The CARES law The CARES Act (Public Law 116-136) established the Paycheck Protection Program (PPP) […]

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DoubleTree Hollywood’s $ 59 million CMBS loan in special services

Dave Folsom, President and CEO of Sotherly Hotels, and of the DoubleTree Resort by Hilton Hollywood Beach at 4000 South Ocean Drive (Google Maps) As closed South Florida hotels lose revenue and lay off workers due to the coronavirus, they face debt payments that can be difficult to restructure. A $ 59 million commercial mortgage-backed […]

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$ 58.5 million for 57 Ocean: guaranteed construction loan

MIAMI BEACH, Florida – (COMMERCIAL THREAD) – Miami Beach’s 57 Ocean, an ultra-luxurious oceanfront condominium on iconic Millionaire’s Row, today announced that it has secured a $ 58.5 million construction loan from OZK Bank, arranged by JLL Capital Markets. The funding will support the completion of the 18-story project, which is now more than half […]

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Ex-Ocean Cop Charged With Theft And Forgery Over Brielle’s Home Loan

FREEHOLD – A former officer in the Ocean Township Police Department, already charged with theft and forgery, faces new allegations he forged documents to obtain a $ 425,000 home loan and defrauded a tenant in a $ 4,200 security deposit, Monmouth County Attorney Christopher Gramiccioni announced Monday. Cory R. Cole, 49, of Brielle is charged […]

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Occupy removes $ 4 million in student loan debt for others

After forgiving millions of dollars in medical debt, Occupy Wall Street is tackling a new beast: student loans. Marking the third anniversary of the Occupy Wall Street movement, the group’s Strike Debt initiative announced Wednesday that it has removed $ 3.8 million in private student loan debt since January. He said he bought the debts […]

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New Jersey Appoints Student Loan Ombudsman | Ballard Spahr srl

Last week, the New Jersey Department of Banking and Insurance (DOBI) announced it had appointed Raghu Kakumanu as the state’s student loans ombudsperson. DOBI chose to fill the role internally, as Kakumanu currently heads the Office of Consumer Finance, the same unit through which student loan inquiries and complaints will be handled. Kakumanu is the […]

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AP 4th, Telangana 6th in available loans: RBI bulletin

Hyderabad: According to the recently published Reserve Bank of India (RBI) bulletin, AP and Telangana rank 4th and 6th in terms of available loans. From April 20 to December AP took advantage of Rs.44,250 cr and Telangana Rs.36,354 while Karnataka took advantage of Rs.55,000 cr and Rajasthan Rs.39,000. These figures clearly indicate the economic situation […]