NYC Pension to Invest $60 Million to Preserve Cheap Housing [Yahoo! Finance Canada]
Signature Bank (SBNY)
Last signature bank earnings: 4/23 05:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.signatureny.com/investor-relations
Company Research
Source: Yahoo! Finance Canada
tied to rent-controlled and rent-stabilized apartment buildings from the failed Signature Bank. Most Read from Bloomberg New York City Employees' Retirement System, or NYCERS, will invest as much as $60 million in a partnership, led by the Community Preservation Corp., that will preserve nearly 35,000 rent-stabilized units affected by the Signature Bank's sudden collapse last March, city Comptroller Brad Lander said Tuesday. The fund will own a 25% stake in the partnership, which also includes Related Fund Management and Neighborhood Restore HDFC. ADVERTISEMENT “Protecting and expanding our affordable housing supply through sound investment decisions is a major priority of my office,” Lander, who is the investment adviser to the city's retirement funds, said in a press statement. The comptroller estimated the internal rate of return of the investment to be almost 11% net of fees. A majority of the apartments under the deal are in Manhattan and the Bronx, 13,000 and 10,000, r
Show less
Read more
Impact Snapshot
Event Time:
SBNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBNY alerts
High impacting Signature Bank news events
Weekly update
A roundup of the hottest topics
SBNY
News
- Signature Bank (NASDAQ: SBNY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance]Yahoo! Finance
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
- Signature Bank (NASDAQ: SBNY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat