When it comes to development, everybody has heard of the concept of NIMBYism Not In My Back Yard.
But the Asheville area also experiences another form of anti-development backlash, one fueled by folks who move here from other areas, sometimes into relatively new developments. And then they want development to stop. That s a real thing, said former Buncombe County Development Director Jim Coman, who retired in 2010. We used to call it IGMSY I Got Mine, Screw You. I ve already moved here, I m happy and don t you dare come.
To be clear, Coman, a Buncombe County native whose roots go back to Revolutionary War-era ancestors, believes all residents of an area have a right to voice concerns about potential development and the rules their communities operate under. That s a fundamental right that comes with being American.
® (NYSE: PB), the parent company of Prosperity Bank
® (collectively, Prosperity ), reported net income for the quarter ended March 31, 2021 of $133.3 million compared with $130.8 million for the same period in 2020. Net income per diluted common share was $1.44 compared with $1.39 for the same period in 2020 and the annualized return on first quarter average assets was 1.54%. Additionally, deposits increased $1.403 billion or 5.1% (20.5% annualized) during the first quarter 2021 and nonperforming assets remain low at 0.15% of first quarter average interest-earning assets. With the hard work of our entire team, the combination of Prosperity and LegacyTexas has continued to bear fruit, as reflected in our positive results for the first quarter of 2021, said David Zalman, Prosperity s Senior Chairman and Chief Executive Officer.
Trepp Multifamily Occupancy Analysis: Areas of Concern Starting to Appear in Major US Markets
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Trepp has started to see signs of fraying in the apartment segment in some major U.S. markets. While overall apartment occupancy has fallen only a percentage point or two in aggregate over the last year, the percentage of loans where occupancy has fallen to under 80% has become quite large in some markets. NEW YORK (PRWEB) April 21, 2021 Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets, has released an analysis on multifamily occupancy across the United States. The analysis can be accessed here: https://info.trepp.com/trepptalk/multifamily-occupancy-analysis-areas-of-concern-in-major-us-markets.
Change Would Expand the Definition of Rural to Cover More of the Country Dan Kaplan James Brasuell Devin Partida Justin B. Hollander
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Change Would Expand the Definition of Rural to Cover More of the Country
Details on a proposed change of definition for Metropolitan Statistical Areas that would greatly expand the area of the country deemed rural.
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