New York, NY

New York developer James McManus discussed an ongoing financing dispute involving Fairbridge Asset Management during an interview on The Frank Truatt Morning Show, which airs on WTBQ AM 1110 / FM 93.5 and WGHT AM 1500 / FM 98.3 across Northern New Jersey and the surrounding region.

The program, hosted by Frank Truatt during morning drive time, reaches up to 3 million listeners according to station information.

McManus told Truatt that his team was developing a 32 unit residential project in the Bronx that included an affordable housing component intended to serve the local community. According to McManus, the lender encouraged the acquisition of adjacent air rights by offering 100 percent financing for that portion of the transaction, a departure from the standard loan to value structure requiring 30 percent borrower equity.

McManus said that after closing on the air rights, the lender declined to provide the additional capital required to complete the expanded project.

He described the sequence as an engineered default that allowed the lender to pursue control of the property after the borrower had absorbed the development work and risk.

During the broadcast, McManus also pointed to broader concerns within the private credit sector. According to JPMorgan Chase Chief Executive Jamie Dimon, risks within private credit markets have been a subject of repeated public warnings to investors and regulators.

McManus told Truatt that the stress surrounding the dispute contributed to a heart attack in October 2024. He said he was later admitted to St. Francis Hospital on December 4, 2024, where he underwent six bypasses and a heart valve repair. According to McManus, contact from the lender continued during his recovery.

“I am the first one to take the fight to them, to challenge them, and to bring the deceptiveness, the coercion, and the equity strips into the light,” McManus said during the broadcast.

“Speaking with Frank Truatt was an opportunity to explain this situation to a regional audience that understands how damaging this type of conduct is to small developers, to working communities, and to the integrity of the private credit market. I am grateful for the platform and for listeners who are paying close attention,” Mr. McManus said.

Interview Link: https://www.youtube.com/watch?v=tUvdg7sQDl0&t=7s

Las Animas, CO

Anubis Lane Productions, a rising force in the Rocky Mountain independent media landscape, today announced the simultaneous release of a new relationship guide and a cinematic music project. The dual launch highlights a growing trend of “creative multi-hyphenates” revitalizing local economies through digital-first storytelling across literature, music, and film.

Leading the literary release is Adam Anubis, whose new book, Love Like They Dream Of, has arrived on global platforms. Moving beyond traditional self-help tropes, the work provides a framework for building deep romantic intimacy and sustainable connection in the modern age. The guide focuses on the “science of attention,” offering 52 actionable techniques designed to foster relationship wellness and emotional resilience.

“The modern relationship landscape is often described as transactional,” said Adam Anubis. “Our goal with this book was to provide a roadmap for couples to rediscover playfulness and profound connection as a counter-narrative to the digital disconnect we see today.”

Complementing the book’s focus on connection is the premiere of “Break You,” the latest single and music video from artist Kalista Anubis. The project is a study in cinematic storytelling, featuring a high-intensity, military-themed visual narrative. Filmed on location in Colorado, the production showcases the region’s diverse topography, including a demanding quicksand sequence performed by lead actor Daniel Lane.

The production was managed with a strict focus on creative consent and performer safety, a core pillar of the company’s “Artist-First” philosophy. By integrating rigorous safety protocols with bold visual themes, Anubis Lane Productions aims to set a new standard for independent film crews operating outside of major coastal hubs.

“Whether through literature or film, our mission is to explore the complexities of human desire and power dynamics in a way that is fearless yet responsible,” said Kalista Anubis. “By keeping our production base in Las Animas, we are proving that bold storytelling doesn’t require a Hollywood zip code; it requires a dedicated community of creators.”

With a casting call currently open for their upcoming project, “Grown Woman,” Anubis Lane Productions continues to serve as a hub for local artistic talent and a contributor to the regional economy.

About Anubis Lane Productions

Anubis Lane Productions is a multifaceted creative firm based in Las Animas, Colorado. Led by the collaborative team of Daniel Lane, Kalista Anubis, and Adam Anubis, the company specializes in cross-platform storytelling, including independent publishing, music production, and cinematic music videos. They are committed to fostering community-driven projects that challenge creative conventions.

Media Contact:

Adam Anubis

Anubis Lane Productions

Email: [email protected]

Phone: 719-468-4285

Website: https://www.anubislane.com/

Links: Book: Love Like They Dream Of – Available now on Amazon: https://www.amazon.com/gp/aw/d/

“Break You” Official Music Video: https://youtu.be/zwx_rWTlZWA?si=oKU3OnmeLgYTybEd

Hong Kong

Pharos today announced the launch of its Pacific Ocean Mainnet and $PROS token, bringing its network for real-world financial applications fully live.

The launch follows a high-scale testnet that processed more than 4.3 billion transactions across 209 million wallets in less than a year, demonstrating strong early demand and readiness for production use.

The network is designed to address two key barriers that have limited the practical use of tokenised real-world assets: fragmented distribution across onchain markets, and the lack of infrastructure that meets institutional requirements for compliance and privacy.

Pharos has raised $52M to date, including a $44 million Series A round led by a mix of traditional technology, finance, and crypto investors. An additional strategic partnership from Hong Kong-listed energy company GCL New Energy (HKEX: 0451) values the company at nearly $1 billion.

Tokenized real-world assets such as Treasuries and real estate have expanded rapidly but remain difficult to access and deploy at scale. Distribution is often fragmented, limiting how capital can move between platforms, while institutions require greater control over compliance and how transactions and portfolio data are managed.

Pharos addresses these challenges by providing infrastructure designed for compliant, privacy-preserving access to real-world assets across onchain markets. The network enables institutions and users to interact with tokenized assets within a consistent framework, while maintaining control over how data is shared.

Once onboarded, participants can move, lend, trade, and settle real-world assets more seamlessly across applications, without operational barriers, improving distribution and allowing liquidity to flow more efficiently across financial applications.

Projects building on Pharos can deploy directly into this environment, gaining access to shared liquidity, interoperable infrastructure, and regulated stablecoin integrations.

The launch comes as the real-world asset tokenization sector expands toward a projected multi-trillion-dollar opportunity, with growing institutional participation increasing demand for infrastructure that can support scalable and efficient onchain financial activity.

Pharos positions itself as infrastructure for ‘RealFi,’ supporting real-world financial activity onchain. The network includes OKX Wallet and Topnod Wallet, enabling access for millions of existing users to participate without requiring new onboarding, as well as USDC and CCTP integration for regulated liquidity flows.

Additional ecosystem components include the RealFi Alliance, a $10 million Hong Kong-based global incubator program, alongside a growing network of real-world asset applications building on Pharos. More than 50 ecosystem dApps are expected to deploy at launch, spanning asset issuance, trading, and financial services.

Ahead of mainnet, Pharos demonstrated early capital formation through its pAlpha High Yield RWA Vault, with over $15 million committed in initial phases and the full $50 million capacity reached within days.

As a result, Pharos launches with both active applications and meaningful onchain liquidity from day one.

“Institutions entering the ecosystem was once just a theory. Now it is happening, and this launch turns that momentum into something the whole ecosystem can actually use,” said the Pharos Foundation founder and CEO Wish Wu.

About Pharos Labs

Pharos is the inclusive financial Layer 1 for RealFi, where real value and institutional-grade assets circulate onchain and are composable with decentralized assets, becoming the new infrastructure of global finance for all.

Pharos combines modular architecture, deep-parallel execution, and built-in compliance to power real-time finance onchain.

Built by the leadership and engineers from Ant Group, the project is backed by Hack VC, Faction VC, and other global TradFi investors.

Media Contact

marketing: @pharoslabs.xyz

[email protected]

Pharos.xyz | @pharos_network