article thumbnail

Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

million homes on the market. Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. In terms of turnaround, properties were on the market for only 21 days. This implies that first-time buyers are being priced out of the market. percent, equating to just 1.5

Survey 227
article thumbnail

Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. New York Metro. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. President and CEO Ignacio Alvarez. “We Nicole Siciliano.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

The warning, on the other hand, came from Arthur Linfante, managing director of the Northern New Jersey office of Integra Realty Resources. The existential threat facing regional malls is the instability of anchor department stores. Once seen as the least risky tenant of all, they are now the greatest question mark.

NJ 132
article thumbnail

OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
article thumbnail

Mall Now A Four-Letter Word For Some Operators?

PYMNTS

Said one marketing professional involved in a handful of the name changes, some words are anathema, such as pavilion and galleria, which are words that have mall-ish connotations. Thus, the trend, boiled down into two re-names. The WSJ said that landlords are taking the names away at scale.

article thumbnail

Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

New Jersey issued closing orders for its brick-and-mortar casinos on March 16, for example, and while revenues for its casinos fell 61.7 New Jersey and Pennsylvania have become two of the most important markets for U.S. million in March 2020 from $67.5 million in March 2019. The state has earned $24.3

Online 176
article thumbnail

US, Chinese Retailers Seek International Footholds, Despite Trade War

PYMNTS

retailers (or any foreign players) to establish a strong presence in the Chinese market. billion worth of emerging market stocks and bonds were purchased by foreign investors in March — an “ impressive ” investment value according to the Institute of International Finance , considering what a volatile month it proved to be.

Retail 115