COVID-19 affecting local banks' commercial real estate lending strategies

COVID-19 affecting local banks' commercial real estate lending strategies

COVID-19 affecting local banks' commercial real estate lending strategies (access required). By: Special to the RBJ Matthew Reitz February 8, 2021.
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BOA Acquisition Plans Real Estate Technology SPAC

These “blank check” companies are used to raise money for a variety of companies across many different sectors, including real estate. FREE – Guide To
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3 United® Real Estate Leaders Named 2021 Real Estate Newsmakers

Dan Duffy, chief executive officer of United Real Estate, has been named a “Luminary” for his vision and innovation, leading his team to achieve
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'Real estate is your sex now': SNL sketch skewers people's obsession with Zillow and 30% of …

Here's the real reason why so many people are fantasy scrolling through online real-estate listings these days. 30% of workers would benefit from a
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Orlando's Yvonne Baker to become executive director of FSU's Real Estate Center

One of the biggest names in Orlando's real estate business has landed a new role at Florida State University. Yvonne Baker, regional managing
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Downpayment and Closing Cost Loans

When you get a Minnesota Housing mortgage, you can also receive an optional downpayment and closing cost loan up to $17,000. Downpayment
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The New Pastor at Hillsong Is a Former NYC Real-Estate Broker

That's right: We're talking about God, and there are going to be a lot more metaphors about real estate and the Holy Spirit at Hillsong, the megachurch
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Clinton County real estate transfers

This list of real estate transfers within Clinton County is provided by the Office of Clinton County Auditor Terence G. Habermehl and transcribed by
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Open houses cause traffic jams in crazy hot real estate market

The supply of homes for sale is extremely low, but demand is high. That leads to intense competition for homes. “You have normal seasonality, you
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Indonesian P2P lenders see hike in loan demand from VC-backed startups

Indonesia's venture-backed peer-to-peer (P2P) lenders such as Investree and Akseleran have seen a growing appetite for working capital loans from
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Integrated ombudsman is here to solve all your banking issues

There are currently three separate ombudsman for banks, NBFCs and non-bank prepaid payment issuers (PPIs), including wallets. The RBI plans to
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UK business borrowing during pandemic predicted to exceed £60bn by end of 2021

While bank lending – including Covid-related government-backed loans – has been vital to businesses of all sizes, but for small and medium-sized
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Business borrowing soared but credit card usage plunged in 2020

Net lending via credit cards fell 9.9% in 2020 – the largest fall since records began in 1994. This is expected to return this year as hoped-for lockdown
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Hong Leong Bank Marks First Bank in Malaysia with Store on An E-Commerce Platform

HLB's official store is part of the Bank's journey in fully providing digital banking solutions to meet the rising digital consumption. Last October, the Bank
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Indian Drama 'Pebbles,' Argentina's 'The Dog Who Wouldn't Be Quiet' Win Top Rotterdam Awards

Indian drama “Pebbles,” by Vinothraj P.S., won the main competition Tiger Award at this year's International Film Festival Rotterdam (IFFR) on Sunday.
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UK firms will have borrowed more than £60bn by December 2021

Net lending via credit cards and personal loans turned negative in 2020, falling by 9.9% — the largest drop since records began in 1994. In addition,
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Biden Says US Covid Immunity Unlikely Before End of Summer

So far, 40.5 million doses have been administered in the U.S., according to the Bloomberg Vaccine Tracker. Biden also said his administration may
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Yellen, Summers Spar About Overheating Risk in Stimulus Plan

So too have some economy watchers in the financial markets. … But Summers, who is a paid contributor to Bloomberg, argued that the Biden team
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Insights Into How a New Congress and Administration Will Affect Horticulture

Robert Dietz, PhD – Chief Economist, National Association of Home … and Housing Policy at NAHB, where his responsibilities include housing market
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Department of Hawaiian Home Lands Receives Funding for Rental Assistance

In May 2020, the Hawaiian Homes Commission (HHC) approved the rental program's pilot utilizing Native Hawaiian Housing Block Grant (NHHBG)
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