Veev, out to revolutionize homebuilding, went from boom to bust. It wasn’t the first Bay Area proptech to suffer that fate
The construction industry is ripe for innovation. But proptechs like Veev often fall victim to a series of missteps, including what one investor calls “misplaced optimism.”
Dzyne to build drone manufacturing facility in Orange County
Based in Virginia with its current manufacturing facility in Orange County, California, Dzyne is developing a 125,000-square-foot facility in Irvine.
Port, Tacoma Schools plan $73M maritime skills center on waterfront site
The campus will be on a 17-acre site on the Thea Foss Waterway owned by the port.
Genesis Health Clubs makes its way into a new state
The company enters its ninth state.
Analyst: Humana’s potential merger with Cigna would face ‘meaningful opposition’
According to one analyst, Humana shareholders would be in for a windfall if the deal goes through.
Central Florida’s discussion on mental health has just begun, these experts say. Here’s what’s next.
Here's more on the biggest hurdles that remain for mental health and how these Central Florida leaders are creating workplaces where the topic is taken seriously.
Bank of America to pay $12M in federal settlement over false mortgage data
North Carolina-based Bank of America was ordered to pay millions of dollars to a federal regulator over past practices involving mortgage applications. News of the fine comes as regulatory filings confirm BofA will close more than 100 branches this year.
Portland’s mayor calls for downtown employers to bring back more workers by 2024
Ted Wheeler said added police foot patrols will make the central city safer.
Community banks see more CRE lending as big banks take a back seat
Rising interest rates, coupled with more scrutiny from federal regulators after high-profile bank failures this year, have forced developers to turn to smaller banks for lending needs.
Phoenix’s Fundamental Income Properties sees opportunities in securitization financing
Fundamental Income, which has backing from Toronto-based Brookfield Asset Management Inc., has a reach across the United States in more than 40 industries. Here's how much its assets have grown this year.