Orangeyes Daily Articles for Monday for Women's Basketball

[sutomcat]

Welcome to Flag Day!

Flag Day commemorates the adoption of the flag of the United States, which took place on June 14, 1777. In 1916, President Woodrow Wilson made a proclamation establishing June 14th as Flag Day. In August 1949, National Flag Day was established by an act of Congress, which was signed by Harry Truman. However, Flag Day is not an official federal holiday. Before the government recognized Flag Day, citizens had been celebrating it and working to bring it to prominence for many years. Bernard J. Cigrand, a schoolteacher from Waubeka, Wisconsin, held the first formal observance of "Flag Day", or "Flag Birthday", at Stony Hill School in 1885. Cigrand continued to advocate for Flag Day and became the president of the American Flag Day Association and the National Flag Day Society. Cigrand is usually described as the "Father of Flag Day". On June 14, 1894, over 300,000 public school students celebrated Flag Day in parks across Chicago. In the 1890's, observances took place in other cities such as New York City and Philadelphia. Currently, the week of June 14th is known as "National Flag Week", and the president makes a proclamation urging people to fly flags for its duration. Flags are flown on government buildings as well.

SU News

Locked on Women’s Basketball: Who won the ACC transfer wars? (thenexthoops.com; podcast; Locked on Women's Basketball)

It’s time for another episode of the Locked on Women’s Basketball podcast. The Next‘s Em Adler and Missy Heidrick get together to talk all things ACC transfers.

Missy speaks on the ACC programs:

“NC State this is a team 32-4 last season, Westmore obviously is building a dynasty so to speak at in Raleigh. But I think the question is when you take a player like Elissa Cunane out of the lineup, what happens… But he has been so good and finding no pun intended those diamonds in the rough out of the portal and someone like Diamond Johnson , who came on the scene last year from Rutgers to NC State and was an impact player from the get go.”

---

The Next, a 24/7/365 women’s basketball newsroom​

The Next: A basketball newsroom brought to you by The IX. 24/7/365 women’s basketball coverage, written, edited and photographed by our young, diverse staff and dedicated to breaking news, analysis, historical deep dives and projections about the game we love.

Subscribe to make sure this vital work, creating a pipeline of young, diverse media professionals to write, edit and photograph the great game, continues and grows. Subscriptions include some exclusive content, but the reason for subscriptions is a simple one: making sure our writers and editors creating 24/7/365 women’s basketball coverage get paid to do it.

Become a paid subscriber to The Next!

---

Missy talks about North Carolina and what changes they have made:

“Now if we go to North Carolina, which had maybe one of the youngest rosters in the country last year, but they finished 25-7. Courtney Banghart kind of figuring out exactly the type of player that she wants. They haven’t been or made as much of a splash in that transfer portal. But I think one of the biggest news stories that people have been following in college basketball, is the fact that Carlie Littlefield will not be back at North Carolina.”

...

Other

Destiny USA owner strikes another deal in NY to refinance debt (PS; $; Moriarty)

Pyramid Management Group has secured new financing on a shopping plaza in Albany, but the company remains silent on efforts to win relief from its more than $700 million debt on Destiny USA in Syracuse, the state’s biggest mall.

Syracuse-based Pyramid said Monday it has refinanced the debt on Crossgates Commons, a 700,000-square-foot shopping center adjacent to the company’s Crossgates Mall off Interstate 87.

The announcement is another indication the mall developer is making progress on its effort to rework hundreds of millions of dollars in debt on its retail portfolio.

Pyramid is struggling under its heavy debt load as the value of its shopping malls across New York, including Destiny USA, is falling.

Refinancing its properties has proven difficult because lenders are reluctant to loan to depreciating malls. But Pyramid, which is controlled by the family of Robert Congel, the company’s late founder, has indicated it is not ready to give up on the mall empire he built.

The developer’s successful negotiations with lenders in Albany this week and Buffalo last week could also show what’s next for Destiny: A loan extension or a refinancing of the whopping debt on the Syracuse mall.

Pyramid said it secured the new loan on Crossgates Commons from Argentic, a private real estate lender based in New York City. It said the 10-year loan will allow the company to reinvest in the plaza.

“Getting a deal done certainly speaks volumes to Pyramid’s persistence, determination, and resilience as a developer, and our commitment to reinvesting in our centers to ensure their long-term growth and continued success,” Pyramid CEO Stephen J. Congel said in a statement.

Crossgates Commons counts Walmart and Home Depot among its tenants. Pyramid did not disclose other details of the financing, including the amount of the loan.

Last week, Pyramid announced it had received a three-year loan extension on its Walden Galleria mall in the Buffalo suburb of Cheektowaga. About $236 million in loans on the mall had been due to mature a month earlier.
...

 

[Ozone!]