Abrigo

AUGUST 30, 2022

Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. You might also like this webinar on commercial lending strategy. Market conditions. Current rate and market conditions. Knowing the why.

Strategy 195

Strategy Lending Risk Management Analysis 195

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. To read news headlines, commercial real estate (CRE) is headed for a terrible 2020. To read news headlines, commercial real estate (CRE) is headed for a terrible 2020. CRE a top focus for many bankers. Learn more.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

JANUARY 10, 2020

It will first be distributed to commercial banks, and then to users who can register digital wallets with the banks. The purpose of the law is to regulate cryptography usage, to help boost business in the industry and to ensure that cybersecurity is established. The digital yuan has been in development since 2014.

Training 257

Training Regulation Industry Mobile 257

PYMNTS

SEPTEMBER 9, 2020

Small business-focused InsurTech firm AP Intego has teamed with Toast to bring business insurance to clients of the restaurant technology company, according to a Wednesday (Sept. Their collaboration lets AP Intego provide more in-depth engagement with the small business dining space. 9) announcement.

Policies 142

Policies Technology Marketing US 142

South State Correspondent

JANUARY 30, 2024

A typical current strategy for community banks when originating commercial real estate loans is to offer floating-rate loans or shorter-term adjustable structures. The Issue Adjustable and floating term loans on commercial real estate have several drawbacks for banks and borrowers, especially in a rising interest rate environment.

Community Bank 195

Community Bank Case Study Community Strategy 195

PYMNTS

JANUARY 26, 2020

Online commercial real estate marketplace CREXi — which serves as a digital toolkit of sorts for buyers, sellers and investors — has raised nearly $30 million from investors, according to reports. ’ biggest metro areas, and one that makes sense for breeding talented real estate businesses. .’

Los Angeles 143

Los Angeles Metro Industry Analytics 143

PYMNTS

JULY 24, 2020

malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both recently skipping a third straight payment on the Minnesota property. Paul Business Journal , citing notes from mortgage “special servicer” CWCapital. Could the property default? The two largest U.S.

America 251

America New Jersey Minneapolis Minnesota 251

South State Correspondent

APRIL 12, 2022

While working from home will become more permanent in business, for JPM about 50% of the employees will work at a company location full time. This flexibility will decrease the need for office space for many businesses. 6) Commercial Banking Profit Drivers in JPM’s Shareholder Letter. 5) Pandemic Changes.

Community 195

Community Community Bank Leadership Lending 195

PYMNTS

JUNE 25, 2020

While they are among some of the world’s wealthiest corporations, insurance companies have nevertheless been clobbered by COVID-19, from travel cancellations to business disruption policies to a rising tide of property and casualty (P&C) claims.

Innovation 250

Innovation Industry Payments System 250

Abrigo

FEBRUARY 14, 2023

What to know about the CFPB 1071 rule affecting small business loans This post provides answers to some frequently asked questions about data requirements and other changes likely from the new rule. Takeaway 3 Lenders will need to collect 20+ data points on each application from businesses with $5 million or less in gross annual revenue.

Data 195

Data Lending Compliance Resources 195

South State Correspondent

OCTOBER 31, 2016

Given our position mid-business cycle, it is time for banks to consider decreasing their lending to Class A office space and increasing their exposure to Class C space. After all, don’t you want to lend in the highest quality properties in a downturn? After all, don’t you want to lend in the highest quality properties in a downturn?

Lending 150

Lending Data Marketing 150

PYMNTS

DECEMBER 23, 2020

businesses and individuals to avoid storing data with Chinese companies due to the risk the country's government will demand and receive access to commercially valuable information. businesses. businesses. economy and businesses at direct risk for exploitation. government and U.S. government and U.S.

Data 189

Data US Exercises Security 189

PYMNTS

SEPTEMBER 16, 2020

Lots of big-name retailers have gone on the record during the pandemic to say they’d pay either reduced rent or none at all as they struggled to survive the cataclysmic income hit their businesses have seen. A survey by Datex Property Solutions found that retail rent collections rose to 68.8 percent increase compared to mid-May. “As

Retail 203

Retail Survey Payments Tools 203

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. A great AI use case is a chatbot that can help deflect unnecessary human interaction.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

AUGUST 13, 2020

Investors in commercial real estate, who say they have been patient with missed payments as COVID-19 emptied malls and office buildings, are pushing back. While commercial tenants seek a break on rent, property owners are struggling to make payments on the loans they took out to finance the buildings.

San Francisco 139

San Francisco Florida New York Retail 139

PYMNTS

SEPTEMBER 24, 2020

The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial stress. Along with Simon Property Group , Brookfield is the biggest real estate investment trust (REIT) in the U.S., But subsequent reports put the crisis at a higher level.

Kentucky 140

Kentucky Groups Analytics Report 140

PYMNTS

SEPTEMBER 30, 2019

At the very least, business models with rapidly rising top lines and swelling seas of red ink will get more than a second look from investors, both public and private, and scrutiny over companies’ claims to re-invent the way business is done. In the case of the former, it bought the property for $50.9

Management 156

Management Atlanta Chicago Technology 156

PYMNTS

MARCH 17, 2020

Most districts zoned commercial and mixed-use now welcome artisan production. The change was designed not only to promote production and the jobs that result from it, but to enliven the areas in which these businesses are located. has hiked the normal commercial property tax rate on vacant property from between $1.65

Retail 135

Retail Arlington San Francisco Milwaukee 135

CFPB Monitor

MAY 25, 2022

The Act prohibits the use of an “automated system” to make a “commercial telephonic sales call” without the “prior express written consent” of the “called party.” Thus, unless an exemption applies, the Act would cover calls related to non-consumer purpose transactions.

Oklahoma 78

Oklahoma System Florida Operations 78

CFPB Monitor

JUNE 15, 2022

The California Department of Financial Protection and Innovation (DFPI) has issued final regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances. .

California 78

California Regulation CA Utah 78

PYMNTS

MAY 29, 2020

In some cases, according to Mattisson, guests weren’t taking care of the properties as well as they should have. He noted, too, that there is increased adoption from commercial property managers who tend to own (and must monitor) several properties.

Security 252

Security Data Technology Training 252

PYMNTS

FEBRUARY 18, 2019

Patrick Hinchin, vice president of commercial strategy at Accuity, said in the report that money laundering through real estate is becoming more common in Australia, America and the U.K. The property will typically be rented out or remodeled with the bad money and then sold off for profits. As for the U.K.,

Las Vegas 182

Las Vegas San Antonio San Diego Fort Worth 182

PYMNTS

AUGUST 21, 2020

Michael Jaffé, the court-appointed insolvency administrator, said an agreement has been reached to sell Wirecard’s Brazilian business to Sao Paulo-based PagSeguro Digital, one of the nation’s largest mobile payment-based eCommerce companies. “It Wirecard filed for insolvency in June last month after admitting that 1.9 billion euros ($2.1

Operations 222

Operations America Cards Compliance 222

PYMNTS

OCTOBER 13, 2020

Commercial real estate accounts payable platform seller Nexus and property management software producer Entrata have integrated their services, the companies announced Tuesday (Oct. Nexus and Entrata both serve multi-family, student housing, commercial real estate, mixed retail and senior housing, according to the companies.

System 140

System Data Operations Software 140

PYMNTS

AUGUST 18, 2019

The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail market a boost. There was no revelation as to who would occupy the properties once they have been taken over. percent of stores around the UK are currently vacant, according to the Local Data Company.

Retail 109

Retail ATM Taxes Policies 109

PYMNTS

JUNE 2, 2020

Owner of 102 mall-based properties Retail Properties of America, Inc. The numbers were similar for Rockville, Maryland-based Federal Realty Trust , which owns and operates 104 mid-Atlantic retail properties. Approximately 57 percent of total April rents have been collected and with 54 percent of its commercial tenants open.

Retail 130

Retail Report Payments Maryland 130

PYMNTS

OCTOBER 14, 2020

If one were to pick an ideal year to launch a new hospitality business, 2020 would not have been it. But as Nico Barawid , co-founder and CEO of Mexico-based property-sharing platform Casai told Karen Webster recently, markets are sometimes funny places in terms of the “right time” to launch something.

Branding 262

Branding Google Meeting Trends 262

PYMNTS

OCTOBER 21, 2018

Bank OZK , the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that small banks in the U.S. are taking on too much commercial real estate loan risk. But Bank OZK isn’t alone. But Bank OZK isn’t alone.

South Carolina 158

South Carolina North Carolina Arkansas New York 158

PYMNTS

SEPTEMBER 22, 2019

While this could put property owners under more stress, the option is still attractive since shared office space often comes with a higher rent than other types of commercial offices. “It Eventually if there are enough vacancies in that building it means that banks are going to take losses.”.

Boston 116

Boston New York Exercises Conference 116

PYMNTS

DECEMBER 2, 2020

Property management companies can utilize the AEPP to connect different payment methods and services via one interface. Alternative Lender eCapital Buys UK-Based Advantedge Commercial. eCapital, the alternative lender, is growing its international presence by buying Advantedge Commercial Finance, which is based in the United Kingdom.

Miami 142

Miami Online Groups America 142

PYMNTS

SEPTEMBER 13, 2018

Ant Financial, the payment affiliate of Alibaba, pushed back on a Wall Street Journal report that alleged the company used Equifax intellectual property to create its credit rating product. “We did not directly or indirectly encourage potential job applicants to obtain Equifax intellectual property or trade secrets. .

Software 124

Software Resources Data Report 124

PYMNTS

AUGUST 27, 2020

Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. You support all these small businesses,” he said. It's really not about the commercial real estate. said Thursday (Aug.

New York City 240

New York City New York Apple Retail 240

CFPB Monitor

AUGUST 12, 2021

SB 1235, codified at CA Financial Code (Code) sections 22800-22805, requires a “provider,” meaning a person who extends a specific offer of “commercial financing” as defined in Code section 22800(d) to a recipient, to give the recipient certain disclosures at the time the provider extends the offer.

CA 78

CA Regulation California New York 78

PYMNTS

SEPTEMBER 22, 2020

The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! We have always viewed our tenants’ success as our barometer.

Philadelphia 206

Philadelphia Retail DC Detroit 206

CFPB Monitor

APRIL 25, 2022

Signed into law on March 24, 2022, the Commercial Financing Registration and Disclosure Act (CFRDA) provides that beginning January 1, 2023, it is unlawful for a person to engage in a “commercial financing transaction” unless such person is registered with the Utah Department of Financial Institutions.

Utah 78

Utah Virginia Regulation New York 78

PYMNTS

APRIL 10, 2020

With the newest effort to direct more funding its most susceptible business vertical, China’s banking regulator said it would begin to watch the level of support lenders are providing to smaller companies that are encountering difficulties. It also detailed different goals to command the bad loan ratio on SMB loans and lending rates.

Lending 151

Lending Guidelines Regulation Industry 151

Abrigo

JANUARY 24, 2024

Coupled with the rise in interest rates, bank analysts and several large banks have advised caution regarding commercial real estate loan exposure from increased vacancy rates post-COVID. These analysts have observed increased net charge offs, primarily in non-owner occupied commercial real estate properties. Should we panic?

FDIC 195

FDIC Regulation Strategy Data 195