Washington Federal opens franchise banking center in Phoenix
Washington Federal is opening a new banking center in Phoenix to target franchises.
The franchise finance division, to be headed by Marisa Felker, will work out of the the bank's Arizona headquarters in Scottsdale. It's target is the roughly $256 billion franchise industry, said Mike Brown, the bank's Arizona regional president, in a statement.
The Seattle-based bank (Nasdaq: WAFD) has had some level of involvement with financing franchises for years, but the growth in franchising in Phoenix is…
Florida’s largest property insurer writes its first policy in New Hampshire
Universal Insurance Holdings Inc. announced that one of its largest subsidiaries wrote its first homeowner's policy in New Hampshire as the company continues to expand outside of Florida.
The Fort Lauderdale-based company (NYSE: UVE) is South Florida's largest property insurer by direct premiums. Its expansion into New Hampshire is part of its broader strategy to diversify its revenue and risk away from hurricane-prone Florida. Its property insurance subsidiary, Universal Property & Casualty Insurance…
Ohio economic outlook: Optimism at all-time high in PNC employer survey
Ohio businesses are feeling very confident about the economy and themselves, according to the latest survey from PNC Bank.
In its spring economic outlook survey, the bank found record optimism from business owners, 96 percent of whom said they were either very optimistic or moderately optimistic about the prospects of their own businesses this year. About 52 percent of those surveyed expressed strong optimism about themselves.
Optimism about both the local and national economy was good as well,…
Here’s how many Florida businesses plan to give their workers pay raises this year
About one-third of Florida’s small and mid-size business owners plan to increase employee compensation in the next six months, according the spring 2018 PNC Economic Outlook.
The survey also found that most Florida business owners are optimistic about the economy and expect sales to increase between now and the fall.
The Florida survey results closely mirror those of a national survey by PNC Financial Services Group (NYSE: PNC), based in Pittsburgh and among the largest retail banks in the Tampa…
Big proposed mixed-use project near Cumberland Mall going before Smyrna planners
Westplan Investors Acquisitions LLC is proposing a 6-story hotel with 200 rooms; 7,500 square feet of retail; a 3,500 square foot restaurant space; 65,000 square feet of future office space; and a 5-story, 310-unit “Class A” multi-family units.
Top of the List: Central Ohio’s largest fee and commission financial planners—and what does that mean, anyway?
Looking for a financial planner? We invite you to start with our annual Top 25 lists, which are split into fee and commission firms, fee-only firms and banks that offer financial planning services.
What defines a fee and commission (also referred to as “fee-based”) financial planner?
It’s all in the way the planner is compensated. Fee-based/fee and commission planners receive a combination of fees (which may be an hourly charge, a retainer or a percentage of assets managed) and commissions…
Atlanta-based Audubon Communities makes first foray into North Carolina with $38M acquisition
An Atlanta-based real estate company has made its first foray into North Carolina with the $38.2 million acquisition of an old Durham apartment complex.
Sheetz exec: Here’s why we’re adding 118 Triad jobs
The convenience and food chain is adding jobs at a brisk pace, but where does hiring stand at the distribution hub it built in the Triad in 2014?
Marshalls is closing in Back Bay — and Wayfair’s first showroom could take its place
The store would likely accompany Wayfair’s anticipated 400,000-square-foot office expansion at 500 Boylston St. and 222 Berkeley St., two connected Back Bay towers.
Condo developer pays $12M for site near Broward beach
GCA Immobilier has taken a big step forward in its plans to build the Pure Residences condo-hotel, as it paid $11.9 million to acquire the development site in Pompano Beach.
Pompano City Place LLC, managed by Dr. James Bicher, sold the 44,000-square-foot site at 3300 S.E. 1st Street to Pure Residence Resort Pompano Beach LLC, an affiliate of Montreal-based GCA Immobilier, led by Claude La Chance. The deal included $11.4 million in seller financing.
The property is a few blocks west of the beach…