EACCNY Member Granito Advisory Services is pleased to announce that its CEO, Ruthann Granito, is the winner of the prestigious Golden Apple - Mela D'oro  2014 Award for her commitment on an  international basis to women  in leadership roles. The award was created by the Honorable Lella Golfo, now world famous for causing the laws within Europe to change and require equality for women to sit on Boards of publically traded companies. This pre-eminent Award commenced in 1989 in memory of Marisa Bellisario, a former...

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According to June servicer data, the $84.8 million Bryant Park Hotel loan was resolved this month for a $25.7 million loss. The hotel was sold out of foreclosure for $65 million to the controlling class using a fair value purchase option according to a Barclays research note. An appraisal done this past February valued the midtown Manhattan hotel at $71 million. Repayment of fees, interest shortfalls, and advances totaled $6 million, and the remaining $59 million paid down the A-3 tranche of JPMCC 2007-CIBC18. The...

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With offices and affiliates in eleven countries, the DS-Concept Global Network creates international cash-flow solutions across the global supply chain. Take a look at our most recent global transactions shown below, and feel free to contact them regarding your international working capital needs. Recent Global Transactions: Turkish Seafood Distributor €10,000,000 A Turkish fish producer, with an annual turnover of 10 Million Euro, has signed a contract with DS-Concept to support their exports to several European countries. US Automotive Products Manufacturer $1,500,000 DS-Concept has provided a $1.5 Million export accounts receivable facility...

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Granito is pleased to announce the completion of its hands-on and interactive 2014 corporate development training program for young executives.   The program was created with the aim toward training emerging young executives in leadership skills and cross-border cultural differences that may emerge in a global work environment. While each group of trainees participated in a program tailored specifically to their needs, generally the program commenced with a visit to GRANITO's  New York Office, and continued with the attending of  lectures, various...

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