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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

That is partly because Amazon Chief Executive Jeff Bezos owns The Washington Post and has a house in the region. According to The New York Times in August, there are concerns that taxpayers could get stuck with a huge bill to cover those tax breaks and other incentives. all made the cut, as did some surprises like Columbus, Ohio.

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CRE risk management: Navigating hazards and opportunities

Abrigo

Certainly, one asset class, the regional mall, is quite dead,” Kirby said. Federal Reserve and OCC examiners at an Ohio Bankers League forum this summer highlighted repricing risk, uncertain lease renewals for office space, and increasingly burdensome costs for long-term care facilities, he said. The impact is not consistent.”

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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.” As one can imagine, and as PYMNTS reported, the Amazon move comes with significant incentives. In New York City, Amazon’s $1.2 Citi Reaction.

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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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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. First Bank of Ohio. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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Dynamic Duo

Independent Banker

Sherrod Brown (D-Ohio), Sen. Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.). Illustration: Josue Evilla. By Ed Avis. Richard Shelby (R-Ala.)