Following $10 Million In Accelerated Payments, Blue Cross Blue Shield Of Arizona Announces Up To $10 Million More In New Loan Program To Support Arizona Healthcare Providers
PHOENIX, June 1, 2020 /PRNewswire/ -- Following an announcement earlier this month to support Arizona small businesses with $5 million in SBA backed loans, $10 million in accelerated payments to Arizona healthcare providers, and a prepayment program to assist Arizona primary care providers (PCPs), Blue Cross Blue Shield of Arizona (BCBSAZ) is now launching a loan program for healthcare providers, including qualifying hospitals and physicians across Arizona who have been impacted by COVID-19. The Claim Payment Advance program will allow certain providers to receive a three-month loan to help ease the strain on cash flow so they can continue to provide medical care to Arizonans.
RRA Capital Provides $21M Bridge Loan to Acquire Two Scottsdale, AZ Office Buildings
SCOTTSDALE, Ariz., June 1, 2020 /PRNewswire/ -- RRA Capital has announced the closing of a $21 million first mortgage bridge loan to finance the acquisition two office buildings on May 15, 2020: Element at Kierland and Mesquite Corporate Center, both in Scottsdale, Arizona. Element at Kierland is a 57,750 square foot, three-story office. Mesquite Corporate Center is a 79,537 square foot, two-story office. The two neighboring properties are in the Kierland community of the Scottsdale Airpark submarket.
Encompass Health and the University of Iowa Health Network's inpatient rehabilitation hospital now open
BIRMINGHAM, Ala. and IOWA CITY, Iowa, June 1, 2020 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) and the University of Iowa Health Care announce the opening of their inpatient rehabilitation hospital, the University of Iowa Health Network Rehabilitation Hospital, a venture with Encompass Health. The hospital, located at 2450 Coral Court in Coralville, Iowa, began admitting patients today.
Mathis Coxon Joins First Port City Bank Family
BAINBRIDGE, Ga., June 2, 2020 /PRNewswire/ -- First Port City Bank (FPCB), Bainbridge, Georgia, is pleased to announce its hiring of Mathis Coxon as Senior Credit Analyst. In his position, Coxon will be responsible for performing credit analysis functions, including analyzing financial statements, conducting credit investigations, and assisting in the preparation of financial/credit information reports for loan officers and committees. "One of the main reasons I joined First Port City Bank is that they serve, they give, and they deliver," said Coxon. "Their motto is 'Putting People First.' I have not only seen it, I've experienced it. They give back to the community in a big way, and I am excited to be a part of it." "We are excited to welcome Coxon to our team," said Scott Ewing, President and CEO of First Port City Bank. "With his diverse banking experience, and a specific focus on Risk Mitigation and Management, his expertise will further strengthen our team as we continue to grow the bank and provide first class customer service that exceeds our customer's expectations." Founded in 1974, First Port City Bank is approximately a $258 Million community bank offering a full line of financial services and solutions thru 5 full-service banking offices in Bainbridge and Donalsonville, Georgia, and Yulee and Fernandina Beach, Florida. First Port City Bank is consistently ranked as one of the top community banks in the nation and continues to receive a "5-Star, Superior" financial rating from Bauer Financial, Inc., of Coral Gables, FL. First Port City Bank has been voted "Best Bank" in Decatur County for 8 Years. For more information, visit www.firstportcity.com. Member FDIC and Equal Housing Lender. Follow FPCB on Twitter @portcity_bank, Instagram #firstportcitybank, Facebook @firstportcity, LinkedIn @First Port City Bank. View original content to download multimedia:http://www.prnewswire.com/news-releases/mathis-coxon-joins-first-port-city-bank-family-301068828.html SOURCE First Port City Bank
Auto Loan Interest Rates Drop in May to Lowest Level Since 2013, According to Edmunds
SANTA MONICA, Calif., June 2, 2020 /PRNewswire/ -- Interest rates for new vehicles in May dropped to the lowest level seen by the industry in nearly seven years, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 4% in May, compared to 4.3% in April and 6.1% a year ago. This is the lowest average interest rate since August 2013, and the third lowest Edmunds has on record dating back to 2002.
Study: Real Estate Brokerages See Agent Churn Drop Up to 42% When They Provide Adwerx Automation to Their Agents
DENVER and DURHAM, N.C., May 28, 2020 /PRNewswire/ -- Since launching their Automated Listing Platform in late 2017, Adwerx has become the gold standard of automated digital advertising for the real estate industry, with over 150 enterprises and brokerages automating their advertising with Adwerx, including 25% of the REAL Trends 500. To identify the quantifiable impact of their platform, REAL Trends investigated Adwerx performance data, with a specific focus on agent retention. The newly released study revealed that agents who engaged with the Adwerx Platform retained at a significantly higher rate, with brokerages experiencing up to 42% lower agent churn.
Phoenix American Releases White Paper on the Initial Impacts of the COVID-19 Pandemic Crisis on Commercial Real Estate and 2020 Outlook for the Sector
SAN RAFAEL, Calif., May 28, 2020 /PRNewswire/ -- Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the initial impacts of the COVID-19 pandemic crisis on commercial real estate across the United States. CRE & COVID-19 Winners, Losers & the Road Ahead, A Trends Outlook Report analyzes the effects on commercial real estate of the first three months of the pandemic crisis and the outlook for the rest of 2020 and beyond.
Statement by Donnell Williams President, National Association of Real Estate Brokers on the Current State of Unrest within the United States
WASHINGTON, June 2, 2020 /PRNewswire/ -- Once again, we, the National Association of Real Estate Brokers are called upon to witness history, to be the conscience of America and to be the trusted advisors of our communities. While we are grieved at the passing of yet another Black man, George Floyd at the hands of a few bad actors on the Minneapolis police force, we also recognize we are at war with a novel virus – COVID-19. Black Americans are simultaneously battling COVID-19, as well as the virus of racial injustice, the virus of discrimination, the virus of prejudice and the virus of inequality. This is a historic time. A new birth is taking place. In the future, you will be asked "What'd you do?" What'd you do at this critical time as Black Americas were waging battles, both physically and economically, on multiple fronts? What'd you do when the homeownership gap between Blacks and Whites hovered around 30 percentage points? What'd you do when Black men were shot and killed for jogging in Georgia or physically restrained to death in Minneapolis? The National Association of Real Estate Brokers (N.A.R.E.B.) chooses to respond to the civil unrest within our borders from an economic perspective. The Realtist Nation firmly believes "HE WHO OWNS THE LAND MAKES THE LAW." And to that end we encourage voting. We encourage completing the census and we encourage the amendment of HUD Section 184 that provides low interest mortgage loans to other minority groups but currently does not include Black Americans. It's a new day. If nothing else, the year 2020 has shown us that business as usual is over and some rules were made to be broken. Sam Cooke told us "…a change is gonna come," and the National Association of Real Estate Brokers pivots to embrace these changes as we continue to work to have a positive impact upon Black lives across the country. NAREB is issuing a Call to Action to eliminate obstructive systemic barriers that obstruct or preclude the increase of Black homeownership. These systemic barriers include, but are not limited to: Lending discrimination and the despair fueled by racial discrimination that obstructs Black homeownership Call for passage of the Heroes Act Call for all 50 states to pass and update fair housing laws Call for cities to reform foreclosure prevention laws Call to eliminate zip code based insurance rates Call to eliminate credit-based auto, life and property insurance rates Call for Federal Housing Finance Administration (FHFA) to eliminate Loan Level Price Adjustments (LLPA) Call for more investment in Black-owned banks, CDFIs, and credit unions Call to increase Renaissance neighborhood initiatives Call for more technical assistance to increase commercial real estate, property management and real estate investment.For more information visit: www.nareb.com. Media contact: Joanne Williams 202-364-0024 firstname.lastname@example.org View original content to download multimedia:http://www.prnewswire.com/news-releases/statement-by-donnell-williams-president-national-association-of-real-estate-brokers-on-the-current-state-of-unrest-within-the-united-states-301069756.html SOURCE National Association of Real Estate Brokers (NAREB)
Ontario Government Must Take Immediate Control of Sienna Woodbridge Vista Care Community to Keep Seniors and Staff Safe
TORONTO, May 31, 2020 /CNW/ - SEIU Healthcare writes letter to Premier Ford with concerns regarding the Sienna's Woodbridge Vista Care Community.
Finalists announced in startup competition that will showcase technology-based solutions for seniors and caregivers
TORONTO, May 28, 2020 /CNW/ - Fifteen Canadian startups have been chosen to compete in this year's AGE-WELL National Impact Challenge, it was announced today.
Balancing the California Budget on the Backs of At-Risk Seniors
WATSONVILLE, Calif., May 28, 2020 /PRNewswire/ -- The May Revision of the California Budget proposes to eliminate funding for Community Based Adults Services (CBAS), like Community Bridges' Elderday program, no sooner than July 1, 2020. CBAS programs provide one of our state's primary alternatives to skilled nursing facility placement and institutionalization. Elimination of the program will force up to 36,000 seniors into costly nursing homes, which have seen the highest instances of death during the COVID-19 crisis. Closing CBAS programs does not save the State money as the monthly cost of a private nursing home room is at least three times the cost to attend adult day health services.
Scotiabank Simplifies Digital Banking with a New Resource for Seniors -- Bank Your Way
TORONTO, June 1, 2020 /CNW/ - Today, Scotiabank launches a new information hub for seniors called Bank Your Way, a tool to guide customers through all the possibilities of digital banking. June kicks off Senior's month, a time to celebrate the contribution of seniors in our communities. In celebration of Senior's month in various provinces across Canada, the resource is available today, and will be particularly useful as customers navigate the challenges presented by COVID-19. "Scotiabank recognizes the role communities play in keeping our seniors healthy and engaged, so we're taking extra effort to support them through our COVID-19 response actions," said Dan Rees, Group Head of Canadian Banking, Scotiabank. "We've launched Bank Your Way as an additional way to support seniors, and all our customers, become more comfortable with banking without having to leave home. We encourage all our customers to visit Bank Your Way to get online and learn about all the tools and advice available to them." "Streamlining service for seniors is a top priority, particularly during COVID-19," said Ahmad Dajani, Scotiabank's Seniors Champion. "Within Bank Your Way, we've launched added features to help seniors feel more comfortable with all the ways we keep their personal banking information safe. We're also prioritizing service for seniors and other vulnerable customers and our Advisors are available for phone appointments, to provide customized advice when our customers need it." QUICK FACTS: Scotiabank's Bank Your Way information hub helps customers learn the basics of digital banking, while expanding the range of self-serve tasks. Digital options are available for everyday banking needs, such as checking a balance and account history, paying bills, transferring money between accounts, and sending and receiving Interac e-Transfers using Scotia OnLine or the Scotiabank mobile app. The Bank has launched online forms for customers such as payment deferrals for mortgages, auto loans, credit cards and lines of credit. Bank Your Way also supports a wide variety of investment tools, including Scotia iTRADE. While our digital solutions have been enhanced, 97% of branches remained open, providing more seniors with the support they need Scotiabank has established priority status for seniors calling our call centres, moving them to the front of the queue Bank Your Way is available today at https://Scotiabank.com/BankYourWay and https://BanqueScotia.com/MaBanqueAMoi About ScotiabankScotiabank is a leading bank in the Americas. Guided by our purpose: "for every future," we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of approximately 97,000 employees and assets of over $1.2 trillion (as at April 30, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews. SOURCE Scotiabank
Congressional Candidate Laura Loomer Leader Of #TWEXIT Movement, Encourages President Trump To Get On Parler
Congressional Candidate Laura Loomer Leader Of #TWEXIT Movement, Encourages President Trump To Get On Parler