Crescent Communities is developing a 302-unit apartment complex over 23,000 square feet of retail space in the Bishop Arts neighborhood in Dallas. In a move expected to bring more than $ 500 million of future real estate investment to North Carolina-based Crescent Communities LLC, Sumitomo Forestry America Inc., a subsidiary of Japan-based Sumitomo Forestry Co.
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Describing cybersecurity as the biggest risk facing the financial sector, Vice Chairman for Supervision Randal Quarles said regulators should more actively facilitate conversations between banks and national security agencies to boost digital security. 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