Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm

Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm
Capital infusion will enable company to acquire and redevelop site on East Coast

NEW YORK (12/14/21) –Tiger Finance has closed on $17 million in growth financing for an East Coast industrial real estate investment and development firm.

Over the past five years, the company has acquired more than $400 million in Class A to C industrial […]

Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes

Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes
Tiger Finance has closed on a $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, N.J.-based Aluminum Shapes LLC, a fully integrated manufacturer and distributor of aluminum products serving multiple industries.

Aluminum Shapes LLC, which operates a 500,000-square-foot facility in Pennsauken, filed for Chapter 11 bankruptcy protection on August 15th in the U.S. Bankruptcy Court […]

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?
Could today’s global supply chain disruption contain some good news for asset-based lenders? That may seem like a counterintuitive question given that the current inventory crunch — supplies have dropped to levels not seen since just after the Great Recession — has led many borrowers to massively downsize their ABL lines. In addition, many of these companies […]

Tiger Promotes Schloemer to Director of Business Development for Midwest

Tiger Promotes Schloemer to Director of Business Development for Midwest
April 21, 2021, 08:10 AM

Eric Schloemer has been promoted to Director of Business Development for Tiger Group, which specializes in a variety of asset dispositions and valuations, as well as secured debt financing and equity investments. The 14-year veteran of the financial services industry was previously a Senior Associate in Tiger’s Valuation Services division.

Schloemer, who will […]

Metropolitan Furniture closing last Houston store

Metropolitan Furniture closing last Houston store
E-commerce disruption, national competitors played into retreat
By Clint Engel

HOUSTON — Metropolitan Furniture here is closing its flagship and only remaining store here after 73 years in business. The family-owned retailer, founded by brothers Harry, Sammy and Hymie Abramson in 1946, hired Tiger Capital Group to run the Going-out-of-Business sales at its 60,000-square-foot showroom at 7400 North Freeway in Houston.

Most recently […]