Tag: Venture

Startup looking to kill cancer gets $500K investment from new venture capital fund

Christina Lobo
Startup looking to kill cancer gets 0K investment from new venture capital fund

GRAND RAPIDS, Mich. (WOOD) — A medical startup aiming to start eradicating a patient’s cancer within hours of diagnostics is the first company to be backed by a Grand Rapids-based venture capital fund investing in minority-owned businesses.

New Community Transformation Fund announced this week that it is investing $500,000 in Bold Advanced Medical Future Health, which is building its first clinic and world headquarters at the Doug Meijer Medical Innovation Building on Grand Rapids’ Medical Mile.

“It’s going to be a global company based in Grand Rapids. So this isn’t just a singular clinic or a small clinic. It’s the

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JBG SMITH Accelerates Capital Recycling Initiatives Through $580 million Business Portfolio Joint Venture with Fortress Investment decision Team

Christina Lobo
JBG SMITH Accelerates Capital Recycling Initiatives Through 0 million Business Portfolio Joint Venture with Fortress Investment decision Team

BETHESDA, Md., February 14, 2022–(Company WIRE)–JBG SMITH (NYSE: JBGS), a major operator and developer of high-quality, mixed-use properties in the Washington, DC current market, entered into a definitive arrangement with affiliate marketers of Fortress Expenditure Team LLC (“Fortress”) to kind a joint venture to recapitalize a 1.6 million sq. foot portfolio of seven workplace structures owned by JBG SMITH valued at $580 million.

The portfolio consists of 7200 Wisconsin Avenue in Bethesda, MD, 1730 M Street in Washington, DC, RTC West I, II and III in Reston, VA, and Courthouse Plaza I and II in Arlington, VA.

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