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Tag Archives: Trump

COMMERCIAL FINANCE 701 — Real estate loans – HVCRE revisited

In the midst of all the recent investigations, pardons, Supreme Court rulings, and incessant breaking news, you might have missed a favorable change in federal banking law.  On May 22, Congress amended the Dodd–Frank Wall Street Reform and Consumer Protection Act (enacted in 2010), which revisions included significant tweaks to the High Volatility Commercial Real Estate (HVCRE) regulations governing commercial ...

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COMMERCIAL FINANCE 701 — The new federal banking sheriffs

On May 24, 2018, 489 days after his inauguration, President Donald Trump finally succeeded in placing appointees at the helms of the four major federal banking regulators.  The prospective immediate and longer term changes to be brought about by these new federal banking sheriffs bode well for banks, commercial lenders, and developers. BACK DROP: Barack, Elizabeth & Donald During the ...

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JACK WEATHERLY: ‘The Post’ is a retelling of history to shape the present

What’s the “back story” on the recent release of “The Post,” what amounts to a prequel of “All the President’s Men”? Good question. A newsroom has always been a stage that lends itself to dramatization. “The President’s Men,” released in 1976, is still a terrific movie, with Robert Redford and Dustin Hoffman playing Woodward and Bernstein in their landmark Watergate ...

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Chawlas apply for $6 million rebate on luxury hotel in Cleveland

By JACK WEATHERLY Brothers Suresh and Dinesh Chawla have applied for a tax rebate from the state that would account for nearly a third of the $20 million luxury hotel they are building in Cleveland. The brothers, who own 17 hotels in the Delta, applied for the tourism rebate on Dec. 28 to defray costs on the Scion West End ...

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Chawla family: construction to resume on Cleveland hotel

By JACK WEATHERLY Chawla Hotels has answered reports that its most ambitious hotel project in the Delta has been stalled for months with reassurances that the $21 million project in Cleveland is still on go. Since the Delta-based hotel operation signed a deal with the Trump hotel organization in June on the Cleveland hotel – originally called the Lyric and now ...

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Mississippi seen as contender for Toyota-Mazda plant

By JACK WEATHERLY The same day that workers at the Nissan North America plant in Canton voted strongly against unionizing, another Japanese automaker with Mississippi ties, Toyota, announced it would team up with Mazda Motor Corp. to build another assembly plant in the South. A vote to join the United Auto Workers union would have sent a message to foreign automakers, which ...

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Trump group to team with Delta hoteliers for new chains

The Mississippi Business Journal “article triggered this whole thing.” — Suresh Chawla By JACK WEATHERLY A longshot phone call to real estate magnate Donald Trump nearly 30 years ago by a convenience store owner in Greenwood eager to build a motel started a series of events that has been nothing but good news for the Chawla family. Trump returned the call and told ...

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Trump gets all 6 electoral votes in Mississippi

Republican Donald Trump has received all six of Mississippi’s votes in the Electoral College after winning the state by a strong margin in November. Electors met Monday at state capitols across the nation to formally elect the next president. In Mississippi, they gathered in a small committee room that was standing-room-only. Some spectators who wanted to get in to watch ...

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