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CRE risk management: Navigating hazards and opportunities

Abrigo

Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. Certainly, one asset class, the regional mall, is quite dead,” Kirby said. I'm not saying go out and make every retail loan that you can get your hands on,” he said. CRE loans make up 28.7%

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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported. That could enable the retailer to keep its choice unknown ahead of an announced decision. all made the cut, as did some surprises like Columbus, Ohio.

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

PYMNTS

According to Redfin , its “agents in both regions are reporting a noticeable jump in calls, emails and tour requests from prospective homebuyers interested in homes in these neighborhoods.” In addition, jobs will be created in coffee shops, restaurants, retail stores and with various service providers to support Amazon workers, of course.

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Macy’s To Open New Ohio Distribution Center

PYMNTS

It looks like Macy’s will be doing some new building in in central Ohio, thanks to an awareness of some state tax incentives. According to reports , Macy’s will open a new regional distribution center in the Rickenbacker Airport area that is expected to create 410 jobs when it opens in Fall 2019.

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