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Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Data Shows

PYMNTS

For example, the value of a Crowne Plaza hotel in Houston fell by 46 percent compared to six years ago. The numbers themselves are atrocious,” Gunter Seeger, a fixed income portfolio manager at PineBridge Investments, told FT. “A The newspaper reported the hotel has not made a mortgage payment since March.

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Colleagues Come Together to Donate Over $20,000 to Support Those in Hunger Around the World

Perficient

Submission by Amelie von Fluegge, senior project manager. Houston Food Banks. Follow our “Make a December Difference” story at Life at Perficient and connect with us on LinkedIn , YouTube , Twitter , and Instagram. Compassion Kitchen Project. Capuchin Soup Kitchen. Greater Chicago Food Depository. Hunger Task Force.

St. Louis 443
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Neiman Marcus Emerges From Chapter 11

PYMNTS

“While the unprecedented business disruption caused by COVID-19 has presented many challenges, it has also given us the opportunity to reimagine our platform and improve our business,” said Neiman Marcus Group CEO Geoffroy van Raemdonck in a statement. “We Bankruptcy Court for the Southern District of Texas, Houston Division.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. Photo by Dennis Burnett. By Mindy Charski. Deepening roots.

Texas 182
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Trust and tax services: Worth offering?

Independent Banker

These include fiduciary, custodial and escrow agency services, managed agency accounts and 1031 exchange services. But this part of our business has grown as we’ve made acquisitions,” says Philip Krupps, United Community Bank’s wealth management and market president. billion-asset community bank’s wealth management division.

Taxes 91
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Juul Starts Tracking Program For Devices To Combat Use By Minors

PYMNTS

Once it tracks down where the device came from, be it a store or from someone over the age of 21, the company may go talk to the manager. Right now, the program is limited to Houston, but anyone can input a serial number and start an investigation on a confiscated device.

Houston 168
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State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

It eased all restrictions on May 1 but has been criticized for ignoring significant increases in the infection rate around one of its biggest cities, Houston. So they’re telling us to brace for worse infections because we didn’t follow the science.”. By Monday it jumped to 9,978. In fact, in Texas we haven’t seen any decline.

Retail 141