Renter demand for apartments continued to accelerate in the third quarter of 2017 as the market absorbed more than 70,000 units and the overall national vacancy rate for U.S. apartments continued to trend lower after turning sharply up at the end of last year. “The third quarter (vacancy) numbers are a welcome sign (for owners)
CapStar Financial is suing an investor on claims he misled other shareholders and is trying to skirt bank holding company laws. American Banker: Feed
Following the release of the nonbinding statement of policy, regulators still have an important role to play in making sure the industry achieves an effective data-sharing model. American Banker: Feed
The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $ 1 billion. American Banker: Feed
Under The Irvine Co.’s Spectrum Terrace proposal, Amazon would not be required to invest capital for land acquisition, buildings or entitlements. Amazon confirmed this week that 238 North American cities and regions submitted bids to be the home of its planned co-North American headquarters, dubbed Amazon HQ2. In the U.S., bids were submitted by 43
As we near the holiday shopping season, we’re also nearing a brand new year – that means new marketing plans, changing budgets, and new focus. For many brands, social is expected to have a big impact on marketing in 2018. BizReport
Momentum is building to replace the hard-target $ 50 billion asset systemic risk threshold for banks with an indicator test, but it remains unclear whether it will be enough to get Congress to act. American Banker: Feed
The amount of uncalled or undrawn real estate investment capital, or “dry powder,” has grown to staggering levels. This increase has come at a time when the investment climate remains decidedly mixed, with top-quality assets in core markets commanding high valuations after a sustained up-cycle. As a result, investors are increasingly searching elsewhere for properties
The Senate’s repeal of the Consumer Financial Protection Bureau rule is arguably the industry’s biggest policy victory since passage of Dodd-Frank. But is it the sign of a trend? American Banker: Feed
The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $ 45 million in stock to help fund the deal. American Banker: Feed
