Meet Vantage Bank’s new CEO
The longtime bank executive, who grew up on a farm in Ohio, was intrigued when he was recruited by a Mexican-owned bank several years ago. Now, he's got big plans for the San Antonio-based bank.
Retail bank branch planned for heart of Wynwood
The branch would be across the street from Wynwood Building and Wynwood Garage.
KC area has four of the nation’s best-performing community banks
Four banks based in the metro area make a list of the Best Performing Community Banks of 2018 with less than $3 billion in assets, put together by S&P Global.
Recognized were Community First Bank, Central Bank of Kansas City, Pony Express Bank and BankLiberty.
• Community First Bank ranked fifth on the listing. It had a net-interest margin of 5.08 percent and an efficiency ratio (noninterest expenses divided by net income) of 53.79. Its loan portfolio grew by 21.3 percent last year.
Community…
Bain Capital buys Atlanta domestic onshore IT company
Bain Capital has acquired a majority stake in Atlanta-based Rural Sourcing, a provider of onshore outsourced digital tech and IT services.
According to a news release, Bain Capital’s impact investing business, Double Impact, took the majority stake. Rural Sourcing will continue to operate under its current management team, who are also significant investors in the company. With the new partnership, the company hopes to scale its national footprint and services, while providing more jobs across…
Bank of America’s Silicon Valley market leader mixes math with a mission
2019 Latino Leadership Awards: Raquel Gonzalez’s ascension through the ranks of Bank of America starting in the late 1970s may have made her a pioneer of sorts among Latinas in the financial sector, but her ability to buck the odds with her mathematics acumen began even before that.
Broker of the Year: JLL dealmaker sealed the largest lease in San Francisco history in 2018
Chris Roeder leads JLL’s 40-person San Francisco team, which signed 12 of the city’s 25 largest deals last year. Roeder personally led seven of those.
Investor of the Year: KKR bets on the Bay Area’s continued boom — especially in Oakland
KKR's recent Oakland investments are a reflection of the firm's view that demand for Oakland office space is on track to continue growing, especially as “a wave of economy 2.0 tech tenants” look to the city.
Real Estate Deals of the Year: CPMC brings complicated hospital to life
It was early 2003 when CPMC won an option to bid on the former Cathedral Hill Hotel and office building at 1101 Van Ness Avenue. It was 2013 by the time CPMC won out in the long process of entitling and landing permits for the vision of a new campus on the site.
Real Estate Deals: Ferry Building deal to bring upgrades to icon
The purchase of the Ferry Building for $291 million was the first time Allianz and Hudson Pacific Properties formed a joint venture for an ultimately successful bid, and it set a high bar for what their partnership can achieve.
Real Estate Deals of the Year: AbbVie lease
As Big Pharma digs into biotech, it is staking claims to high-profile space in the Bay Area — witness AbbVie Inc.’s 479,000-square-foot lease at developer BioMed Realty’s Gateway of Pacific in South San Francisco.