KeyBank’s community benefits plan yields $140M in Buffalo, Western New York
KeyBank N.A. spent $2.8 billion on community reinvestment initiatives in 2017, the first year of a five-year plan to invest $16.5 billion across the markets in which the company operates.
More than $140 million came to Buffalo and Western New York in the form of residential mortgage loans, community development investments, small business loans and nonprofit grants.
And there’s a chance that by the end of this year the banking arm of KeyCorp (NYSE: KEY) will announce where exactly it plans to…
3 New Mexicans to know, and remember what spurs innovation
Many people believe desperation drives innovation — when resources are scarce, we figure out new ways to do things.
Couple that with New Mexico's repetitive rhetoric on scarcity, and we should have one of the most innovative states in the union. And perhaps we do.
Although we have many unique and wonderful things in the Land of Enchantment, I hear often about our inability to overcome the same challenges we have faced for years and even generations. Just the other day, I had three separate conversations…
Melinda Gates, top women founders back F3
Female Founders Fund (F3) has closed its sophomore fund.
The New York-based venture group amassed $27 million — five times the size of the first fund.
In addition to closing a new fund, the seed stage venture fund touted its dedication to women entrepreneurs by unveiling a “Who's Who” list of women who have backed the fund.
F3 brought in eight strategic institutional partners to support the firm's work going forward, including investor Melinda Gates, the co-chair of the Bill & Melinda Gates…
Robinhood rides to $5.6B valuation after raising $363M in new funding
Robinhood Markets Inc. on Thursday said it has raised $363 million in new funding to help it expand beyond its no-fee stock trading roots to become a full-fledged consumer finance company.
The valuation of the business, which moved its headquarters from Palo Alto to Menlo Park this year, soared more than fourfold to $5.6 billion in the Series D round. The latest funding comes about a year after Robinhood was valued at $1.3 billion in a Series C round.
The funding was led by Russian oligarch Yuri…
Pennington rose on series of successes
Following the announcement of Penny Pennington as the next managing partner of Edward Jones, she and current Managing Partner Jim Weddle talked to the Business Journal.
Exclusive: USTA National Campus to expand in Lake Nona
Here's what rain is driving the U.S. Tennis Association to do next in Orlando's Lake Nona community.
Simon seeks to expand movie theater at the Falls
Simon Property Group wants to expand the Regal Cinemas theater at the Falls open-air shopping mall in southern Miami-Dade County.
The mall giant (NYSE: SPG) filed a pre-application with county officials on April 25 to expand the theater from 39,786 square feet with 12 screens to 58,020 square feet with 16 screens. An equivalent amount of retail space would be removed from the mall: the bay currently occupied by Love Culture and two empty spaces.
Regal Cinemas would also remodel the existing theater…
Music, beer-inspired art create Austin aesthetic at PWC’s new office
Most corporate offices look like they could be plopped into any metropolitan area, but step inside PWC’s new Austin headquarters and it’s obvious you’re in the Texas capital. The veins of a city-street map are painted on a wall mural, drumsticks and guitars adorn meeting room surfaces and a readerboard inspired by the often-quoted El Arroyo’s restaurant parking lot sign greets visitors at the entrance.
For the financial heavyweight’s new digs inside Shoal Creek Walk on West Sixth Street,…
Golden State Warriors player sells penthouse in Miami-Dade (Photos)
Golden State Warriors center Zaza Pachulia sold his penthouse in Bay Harbor Islands for $1.14 million.
The 3,327-square-foot Unit PHSB in the Carroll Walk Condo at 9751 E. Bay Harbor Dr. was sold to Panama-based Dalmacia Ventures. It has four bedrooms, 3.5 bathrooms, marble floors and a wrap-around terrace.
Coldwell Banker Residential Real Estate’s Penelope Friedland and Claudia Aros represented the NBA player in the deal. Elissa Lithman, also from Coldwell Banker, represented the buyer.
“Zaza…
Washington University seeks approval for more student housing
Occupancy in the South 40 area is currently capped at 3,300 beds, and Washington University is asking the city of Clayton to raise it to 3,800.