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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 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. Construction costs for middle-market senior housing. To tackle the middle market senior housing gap, preserving existing senior housing is key. higher in 2022 than in 2021. Enhance amenities.

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Mortgage applicants find cozy home at some credit unions

Abrigo

by geographic region , identifying the top 10 credit unions by mortgage loan volume for the Northeast, South, Midwest and South. • Alliant Credit Union, which offers services to the communities around O’Hare International Airport and based in Chicago, captured the top spot for the Midwest. Image via Mapcustomizer.com.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

Companies like American Tile & Stone and Premier Packaging have already begun using Uber Freight to improve their shipping operations, and we’re excited to now roll out the platform widely to our freight community,” the company wrote in the blog post.

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Serving Up Local Life, On Demand, Around The World

PYMNTS

People love going into locals’ homes; it’s a wonderful way to look at the world,” Co-founder Aashi Vel told the Chicago Tribune. But now, they can do something they love and really re-engage with a broader community while earning a supplementary income,” Lawrence told a news outlet.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

communities. That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. Expensive Cities.

Payments 131
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For Financial Institutions, What Drives Value?

Jeff For Banks

Umrai Gill , Managing Director of Performance Trust in Chicago presented his findings to the Financial Managers Society at their East Coast Regional Conference this month. But others struck my curiosity to see if there were correlations between the metric and market valuations. So what metrics drive value?

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