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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

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Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

PYMNTS

That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. And it has renters who are encouraged to share their experiences on social media.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2 In the week ending on Nov.

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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

They previously founded the online payments company Pagar.me. The company also has offices in Salt Lake City and New York City. Brex was founded in 2017 by Brazilian immigrant entrepreneurs Henrique Dubugras and Pedro Fransceschi, and the two have made a point of hiring staff from many backgrounds.

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Black Friday Heads Toward Shades Of Gray

PYMNTS

COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas. percent shopped online during Black Friday last year, which was double the 2018 number. percent of shoppers visited both a physical store and an online store last year. On the flip side, 20.4

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

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Barneys’ Flagship Madison Avenue Store To Stay Open For Now

PYMNTS

At the same time, Great American Group and Tiger Capital Group noted in a press release that store closings would soon start at five flagship Barneys New York locations and Barneys Warehouse locations. Its warehouse stores are located in Central Valley, New York and Livermore, California.