What America Needs In The Middle of The Virus: Martha McSally???

< McSally, Navy Pilot (somewhat 'manly')

(looks somewhat like Chelsea Manning, after the sex-change)

Sen. Martha McSally: TODAY

THE MAKE-OVER

 "Everyone's Doing the Best They Can" | Amanpour and Company

Originally aired on May 27, 2020.

Originally aired on May 27, 2020.

GO FIGURE > (European) Equities Rally Is Justified and Has Further to Go, Says BofAML

Jun.01 -- "The virus has faded, economies are being reopened, and that's what equities are pricing," 
says Sebastian Raedler, head of European equity strategy at Bank of America Merrill Lynch. 
He speaks on "Bloomberg Surveillance."

Bloomberg Markets and Finance

692K subscribers

The Economics Of The Art Market: Why This Painting Isn't Worth $450 Million

If you knew who snatched up this "Savior of The World" painting by an Old Master, you're on the way to a revelation

92,682 views

•May 31, 2020

45-Minute Webinar From Smart Growth Online > NO VIEWS?

Designing Cities Amid Urban Migration, Demographic Shift and a Disappearing Middle Class , Pt 1 of 2

No views

•May 29, 2020 

Mesa Chamber of Commerce: Arizona State of Emergency Declared by the Governor

Declaration of a State of Emergency

PHOENIX — Governor Doug Ducey today issued a statewide Declaration of Emergency, including putting in place a curfew starting at 8:00 p.m. tonight. The curfew is in effect from 8:00 p.m. until 5:00 a.m. and shall expire on Monday, June 8, at 5:00 a.m. unless further extended. “At the request of local leaders and in coordination with state and local law enforcement, I’m issuing a statewide Declaration of Emergency and curfew starting at 8:00 p.m. tonight and effective for one week,” said Governor Ducey.  “This gives law enforcement an additional tool to prevent the lawlessness we’ve seen here and in cities nationwide. Police will be equipped to make arrests of individuals who are planning to riot, loot or cause damage and unrest. Today’s declaration also authorizes an expanded National Guard mobilization to protect life and property throughout the state. Our office will continue to communicate with local law enforcement to provide whatever resources we can.”

Read the Declaration Here

Mesa Chamber of Commerce | Website

News Flash In The Times of Curfew From Valley Metro: Regular service during state curfew

Valley Metro will continue to operate during statewide curfew Governor Doug Ducey has issued a Declaration of Emergency with a nightly curfew starting tonight at 8 p.m. and lasting through Monday morning, June 8. Consistent with the Governor's order, Valley Metro will continue to provide service on our regular schedule in order to serve those essential workers who still have a need to travel. However, if an area becomes unsafe, we will adjust our service, with likely little to no warning, adhering to the direction of public safety. We do this for your safety and the safety of our staff and the surrounding community. The last two nights we've detoured buses and suspended light rail service in downtown Phoenix. We encourage riders to pay close attention to @valleymetro on Twitter or the AlertVM mobile app for notifications on potential delays and/or disruptions. And as always on transit, we ask that you look out for yourself and others--if you see something, say something using the AlertVM app. BUS | LIGHT RAIL | CARPOOL | VANPOOL | TELEWORK | BIKE | WALK www.valleymetro.org | 602.262.RIDE

In Real Estate We Trust: Deleveraged, Liquid and Flexible

Here's a story from Commercial Real Estate Daily Roundup

Starwood Capital Recapitalizing TPG REIT in $325M Deal
BY CATHY CUNNINGHAM MAY 29, 2020 11:15 AM

Starwood Capital Group will provide up to $325 million to recapitalize TPG Real Estate Finance Trust (TRTX), it was announced this morning. 

“The new capital will provide TRTX with additional liquidity and flexibility to navigate the current economic environment,” Greta Guggenheim, CEO of TRTX, said in prepared remarks.

 “Starwood’s investment is a testament to the strength and quality of TRTX’s business and portfolio. Today’s announcement marks an important step in positioning TRTX for the future as we continue to grow the platform, serve our clients, and execute on our objective to deliver long-term value to shareholders.” 

The non-voting investment takes the form of preferred stock and detachable warrants to purchase TRTX stock, according to the announcement. Initial proceeds will be used to deleverage the REIT’s secured financing facilities, and for general corporate purposes.

TRTX has hit the headlines since the onset of COVID-19, with extreme market volatility forcing the nonbank lender to sell off roughly $1 billion in assets in order to meet intensifying margin calls. During its first quarter earnings call, Guggenheim described its liquidity issues as an ongoing concern that cast doubt as to whether the firm could continue to operate. The firm was also hit with a lawsuit last month, as reported by CO.

Bloomberg first reported earlier this month that Starwood was in advanced talks to provide financing to the TPG-managed REIT, and that its proposal was favored over competing bids presented by other firms, such as Almanac Realty Investors, Mack Real Estate and Oxford Properties Group.

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