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New Businesses Moving Into Old Pasadena’s One Colorado

first_img 67 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  Make a comment faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Business News New Businesses Moving Into Old Pasadena’s One Colorado STAFF REPORT Published on Tuesday, May 18, 2021 | 2:51 pm Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Herbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautyHerbeautyWhy Luxury Fashion Brands Are So ExpensiveHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeautyThe Kardashians Know How To Throw A Good Party!HerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeauty Five new tenants will set up shop in the Old Pasadena shopping and dining enclave One Colorado this summer.Aesop, Alfred Coffee, Allbirds, Industrious and Rothy’s will all be doing business in the open air shopping center just off the north side of West Colorado Boulevard, between Fair Oaks and DeLacey avenues, according to a statement released Tuesday.“We are thrilled to welcome these retailers to One Colorado,” said William Gervin, vice president leasing at ShopCore Properties.“It’s exciting that digitally native brands like Rothy’s and Allbirds have chosen One Colorado to expand their retail footprint. All these brands are ideal additions to our elevated tenant mix at the center, and as they begin to serve the vibrant Pasadena community, we have no doubt One Colorado will continue to be the local favorite for premier shopping, dining and lifestyle,” Gervin said.One Colorado spans a full city block and is an exceptional retail and dining experience in the heart of Old Pasadena.Occupying just under 1,000 square feet, renowned Australian skincare brand Aesop will offer skin, hair and body care formulations created with the highest quality in mind. The store opened in late April 2021 and has brand consultants available to advise and educate customers to purchase the best product fit for their lifestyle.Alfred Coffee, a California favorite that serves innovative coffee and tea drinks, will be occupying over 1,200 square feet of space. Built with a mission to ensure each person walks out as thrilled with their experience as they are with their drink.“At Alfred, we are super selective in where we open new locations – the space needs to feel right, the community has to be underserved with specialty coffee and the building has to vibe with our brand aesthetic,” explained Josh Zad, Alfred founder and CEO. “Our cafe at One Colorado not only looks the part of Alfred with its architecture, but it will undoubtedly become a terrific space for the local community to enjoy our offerings, connect and discover new brands, and become a part of people’s daily routines.”Industrious, the highest-rated flexible workspace provider in the U.S., will bring to life more than 27,000 square feet of space to form the open-air retail center’s only coworking space. Upon opening in July 2021, Industrious Old Pasadena will provide a professional atmosphere and thoughtfully designed spaces, with a hospitality-driven, member-centric approach. Additional features of the space include private offices and conference rooms, a wellness room, a dedicated community manager, member programming and events, access to the Industrious national network, and breakfast and snacks served daily. Additional information including amenities, booking and pricing can be found here.Eco-friendly and sustainable accessory brand Rothy’s will be opening with 1,400 square feet of retail, offering sleek styles of shoes, purses and more made from recycled plastic. The retailer puts sustainability first, transforming eco-friendly materials into classic staples that look just as good as they feel.“We fell in love with the historic charm of One Colorado and can’t wait to bring Rothy’s best-in-class retail experience to Pasadena,” said Giovanni Lepori, vice president of global retail development at Rothy’s. “As a brand which treasures community, the walkable and lively neighborhood felt like a natural fit for our third L.A. store — we’re excited to settle in among the vibrant food, retail and entertainment scene that makes Old Pasadena so special.” Top of the News More Cool Stuffcenter_img Community News Community News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday STAFF REPORT First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe Your email address will not be published. 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Experts Express Optimism About Delinquency Rate

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Previous: Ginnie Mae Reports Record MBS Issuance in April Next: Easing Foreclosure Flood Fears Governmental Measures Target Expanded Access to Affordable Housing 2 days ago CoreLogic releases monthly reports on delinquencies and loan performance for U.S. mortgages. The company on Tuesday published data covering February 2021, which show a nationwide overall delinquency rate at 5.6%, a 2.1 percentage point increase from the previous month.Mortgage loan delinquency data is important to understanding the overall health of the mortgage market, note researchers at CoreLogic, who add that it is not unusual for the delinquency rate to increase after the holidays.“Some families that had overspent during the year-end holiday season, and then faced financial stress in the new year, may slip behind on a mortgage payment by February,” said CoreLogic Chief Economist Frank Nothaft. “During each of the last five years, the 30-day delinquency rate moved higher from January to February. With economic conditions improving, we expect delinquency rates to move lower in coming months.”In its Loan Performance Insights Report, CoreLogic notes that government support throughout the pandemic, and improving employment rates have enabled more borrowers to remain current on their mortgages than would otherwise have occurred.While the overall delinquency inched up in February, the serious delinquency and foreclosure rates continued a sequential monthly decline that began in August, according to CoreLogic President and CEO Frank Martell.”Consumer confidence continues to rise as the economy roars back to life,” Martell said. “These factors bode well for housing fundamentals in 2021 and as far as the eye can see.”Broken down by stages, early (30-59 days) delinquencies sat at 1.5%, down from 1.8% the previous year.The share of mortgages 60 to 89 days past due was 0.5%, down from 0.6% in February 2020.The serious delinquency rate—defined as 90 days or more past due, including loans in foreclosure—was 3.7%, up from 1.2% in February 2020.Due to state and federal foreclosure moratoria still in place, the foreclosure inventory rate remains low at 0.3%, down from 0.4% in February 2020.Every U.S. state and nearly all metro areas logged increases in annual overall delinquency rates in February. Hawaii and Nevada (both up 4 percentage points) again logged the largest annual increase in overall delinquency rates in February, according to the report, which also breaks down delinquencies by state, available at CoreLogic.com.The Consumer Financial Protection Bureau (CFPB) recently has taken several actions to help prevent a wave of foreclosures and to help prepare servicers dealing with record-level delinquency numbers.Said CFPB Acting Director Dave Uejio earlier this month, “More borrowers are behind on their mortgage than at any time since the height of the Great Recession … the latest data show that many borrowers are still hurting. The CFPB will continue to seek and actively respond to developments in the market, doing everything in our power to help families stay in their homes.”One CFPB rule under consideration would temporarily require servicers to enhance communications with borrowers who are delinquent or in forbearance, allow servicers to offer certain streamlined loan modification options to borrowers with COVID-19-related hardships, and require servicers to afford all borrowers a special pre-foreclosure review period. More information is available at consumerfinance.gov. Related Articles 19 days ago 732 Views Servicers Navigate the Post-Pandemic World 2 days ago 2021-05-11 Christina Hughes Babb Data Provider Black Knight to Acquire Top of Mind 2 days ago Experts Express Optimism About Delinquency Rate Share Save Home / Daily Dose / Experts Express Optimism About Delinquency Rate Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more