Wynwood's tech office boom hits a short circuit [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance
The advertisement is meant to draw the attention of prospective tenants to the 13-story mixed-use building's 3,500 square feet to 30,000 square feet spaces that are available for lease. Some suites are move-in ready, and an entire floor is available, the sign blares in giant white block letters. What's happened to Gateway at Wynwood could be a harbinger of distress in Wynwood's nascent office submarket, some commercial real estate experts say. Tanking tech firms, the collapse of Silicon Valley Bank last year, rising interest rates and corporate tenants' preference for other established office submarkets in Miami slowed leasing in Wynwood, which could lead to trouble for landlords that own the few office buildings in the neighborhood. R&B is already feeling the sting. Gateway at Wynwood is facing foreclosure, after R&B allegedly defaulted on a $101 million debt, according to a lawsuit filed in March by lender Wilmington Trust NA, as trustee for Boise, Idaho-based A10 Capital. At th
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FCNCA
News
- The Hottest Investment for Hedge Funds Is Other Hedge Funds [Yahoo! Finance]Yahoo! Finance
- Analysis-Falling bond yields leave China's central bank facing tough call [Yahoo! Finance]Yahoo! Finance
- Analysis-Falling bond yields leave China's central bank facing tough call [Yahoo! Finance Canada]Yahoo! Finance Canada
- First Citizens Bank Serves as Lead Arranger on $133 Million for Massachusetts Battery Energy Storage Project [Yahoo! Finance]Yahoo! Finance
- First Citizens Bank Serves as Lead Arranger on $133 Million for Massachusetts Battery Energy Storage ProjectPR Newswire
FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 6/12/24 - Form 4
- 6/7/24 - Form SC
- 6/4/24 - Form 4
- FCNCA's page on the SEC website