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Corus Bankshares
Corus Bankshares, Inc. operated as the holding company for Corus Bank, N.A., a United States company that offered consumer and corporate banking products and services. Corus Bank The bank's deposit products included checking, savings, money market, and time deposit accounts. Its loan portfolio primarily comprised commercial real estate loans, including condominium construction and condominium conversion loans; commercial loans; and residential real estate loans. The bank focused its lending activities in various metropolitan areas in Florida and California, as well as in Las Vegas, New York City, and Washington, D.C. It also provides safe deposit boxes, as well as clearing, depository, and credit services to check cashing industry locations in the Chicago area and in Milwaukee, Wisconsin. As of December 31, 2006, the bank operated 11 retail banking branches in the Chicago metropolitan area. Corus Bankshares was founded in 1958 and is based in Chicago, Illinois. Corus Bank is also k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starwood Capital Group
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners. History In 1991, at the age of 31, Sternlicht launched the firm to buy apartment buildings that were being sold by the Resolution Trust Corporation, created by the federal government to hold and liquidate the real estate assets owned by failed banks after the savings and loan crisis. Sternlicht raised $20 million from the families of William Bernard Ziff Jr. and Carter Burden of New York to fund these purchases. In 1993, the company contributed the apartment portfolio to Sam Zell's Equity Residential in exchange for a 20% stake in the company. In 1994, in partnership with Goldman Sachs, the company purchased Westin Hotels & Resorts in a $561 million transaction. In January 1995, Starwood purchased Hotel Investors Trust, an al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 2009
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Disestablished In 2009
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Disestablished In 2009
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of The United States
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Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 1958
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of The United States
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * " Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1958 Establishments In Illinois
Events January * January 1 – The European Economic Community (EEC) comes into being. * January 3 – The West Indies Federation is formed. * January 4 ** Edmund Hillary's Commonwealth Trans-Antarctic Expedition completes the third overland journey to the South Pole, the first to use powered vehicles. ** Sputnik 1 (launched on October 4, 1957) falls towards Earth from its orbit and burns up. * January 13 – Battle of Edchera: The Moroccan Army of Liberation ambushes a Spanish patrol. * January 27 – A Soviet-American executive agreement on cultural, educational and scientific exchanges, also known as the "Lacy-Zarubin Agreement, Lacy–Zarubin Agreement", is signed in Washington, D.C. February * February 1 – Egypt and Syria unite to form the United Arab Republic. * February 2 – The ''Falcons'' aerobatic team of the Pakistan Air Force led by Wg Cdr Zafar Masud (air commodore), Mitty Masud set a World record loop, world record performing a 16 aircraft diamon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Chicago
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Established In 1958
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Owned
Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. A foreclosing beneficiary will typically set the opening bid at such an auction for at least the outstanding loan amount. If there are no interested bidders, then the beneficiary will legally repossess the property. This is commonly the case when the amount owed on the home is higher than the current market value of the foreclosure property, such as with a mortgage loan made at a high loan-to-value during a real estate bubble. As soon as the beneficiary repossesses the property it is listed on their books as REO and categorized as an asset. (See ''non-performing asset''). Origin The term originates from the term ''other real estate owned'' (OREO), which is used on financial statements to account for real estate assets which are owned by a financial ins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
