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    News and Articles on Real Estate



    SBA loan program opened up to refinancing  Jun 25, 2009
    Previously, small business owners could only use that program to make new purchases of real estate or some capital equipment such as heavy equipment or machinery ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    Pick a winner  Jun 16, 2009
    And they re coming from all walks of life, too from industries such as real estate, banking, finance and others, he said. It s just a ton of work and I do most of it myself, Smith said of sifting through the stacks to find suitable candidates. (Boston Business Journal, MA)

    TD Bank gets $1B infusion from Canadian parent  May 11, 2009
    But equity analysts at Standard & Poor s say they expect loan charge-offs in the banking industry to continue to escalate in 2009 as credit problems in the subprime mortgage sector spill over into commercial real estate ... Stay up to date on the latest news from within the commercial real estate industry. (Albany Business Review, NY)

    Harbert Realty wins Papa John's contract  May 7, 2009
    The commercial real estate firm will handle lease management, lease audit and real estate accounting for Birmingham-based , which has 115 locations and is the largest Papa John s franchise in the U.S., said a news release ... Outsourcing this function will enable all of us to focus on our primary responsibilities and not deal with the daily hassles related to real estate, said Doug Stephens, president and CEO of PJ United ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    More homeowners drowning in mortgage debt  May 7, 2009
    9 percent) of all Americans under water on their mortgages in the first quarter of this year, according to a newly released report from , an online real estate information company. That s up from one-fifth, or 17. (Birmingham Business Journal, AL)

    Judge orders Bruno's to honor contract  Apr 28, 2009
    Judge orders Bruno's to honor union contract - Birmingham Business Journal. for free extra services. (Birmingham Business Journal, AL)

    Beige Book: Weakness continues in March  Apr 17, 2009
    Commercial real estate activity remained shaky ... Going forward, commercial real estate players expect more space will become vacant in the coming months and that construction will continue to slow ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    TriNovus strikes deal with ERA  Apr 14, 2009
    The partnership will provide customers who use the software with additional resources in the real estate community, including more information on properties and a Realtor resource to help manage transactions, said a news release ... Birmingham Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Birmingham Business Journal, AL)

    U.S. to buy 17,600 American-made autos  Apr 11, 2009
    U.S. government to buy 17,600 American-made autos - Birmingham Business Journal. for free extra services. (Birmingham Business Journal, AL)

    B'ham car sales up in March  Apr 9, 2009
    Birmingham car dealers say sales up in March - Birmingham Business Journal. for free extra services. (Birmingham Business Journal, AL)

    Colonial Properties deal falls through  Apr 7, 2009
    And in March, both Moody s Investors Service and Standard & Poor s downgraded the real estate investment trust s preferred stock and Colonial Realty s unsecured debt ... Birmingham Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Birmingham Business Journal, AL)

    Laham buys ground at 21st and Rock  Mar 11, 2009
    The real estate doesn t get any better than that, says Cathy Kirkhart, vice president for ... Stay up to date on the latest news from within the commercial real estate industry. (Wichita Business Journal, KS)

    HFF reports 4Q loss, could face delisting  Mar 11, 2009
    HFF (NYSE: HFF), which went public near the height of the commercial real estate market in 2007, has seen its stock price fall steadily from a price of $17 per share to $1 ... Unlike other firms that control real estate or make their own loans, HFF s business is dependent on arranging real estate transactions sales, refinancings, and other debt placement from which it takes its fees ... But commercial real estate transactions have slowed considerably in the midst of a credit crunch and global... (Pittsburgh Business Times, PA)

    Feds set strict rules for Horizon Bank  Mar 3, 2009
    The bank was hit hard by exposure to bad real estate construction and land development loans ... Stay up to date on the latest news from within the commercial real estate industry. (Puget Sound Business Journal, WA)

    HSBC closing most of its consumer finance operation  Mar 3, 2009
    Stay up to date on the latest news from within the commercial real estate industry. News, analysis and ideas that defy the odds and the times. (Albany Business Review, NY)

    Home Depot net income falls to $2.3B  Feb 25, 2009
    Home Depot net income falls to $2. 3B - Birmingham Business Journal. (Birmingham Business Journal, AL)

    Defaults on rise at small banks  Feb 21, 2009
    Commercial real estate loan defaults at Birmingham-area community banks are on the rise ... On the other hand, some local banks have managed to keep their books clean of past due and nonaccrual commercial real estate loans, despite the economic downturn, including , and ... Earlier this week, executives told an analyst they expect community banks to suffer more than the bigger banks from problems with commercial real estate loans. (Birmingham Business Journal, AL)

    Small banks see rise in commercial defaults  Feb 21, 2009
    Commercial real estate loan defaults at Birmingham-area community banks are on the rise ... Birmingham Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Birmingham Business Journal, AL)

    Fed's Lockhart: Fed Can Take More Steps If Needed  Feb 20, 2009
    On the other hand, Lockhart said he was watching developments in emerging markets and domestic commercial real estate closely for evidence of problems. "Policy-makers have taken and will soon implement unprecedented measures to restore financial stability and economic growth," he said. (ABC News -- Wire)

    Mustang Soso to the rescue: Kensington woman taking part in horse 'makeover' event  Feb 15, 2009
    P/SUNNY Sunday February 15, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    Delta to drop 170 gates nationwide  Feb 10, 2009
    The Atlanta-based carrier recently completed the relocation of Northwest assets to the Delta-controlled real estate at Orlando International Airport, Anderson said ... Stay up to date on the latest news from within the commercial real estate industry ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    Delta traffic falls in January  Feb 9, 2009
    Birmingham Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Birmingham Business Journal, AL)

    McDonough's FirstBank Financial Services fails  Feb 8, 2009
    It appears to have fallen into the same trap that has snagged Georgia s other failed institutions: Its loan portfolio was heavily concentrated in the real estate sector, which has imploded. At the end of the third quarter, the most recent data available, FirstBank reported $53 million in loans 90 or more days late and charged off another $8 million in loans as not collectible. (Atlanta Journal-Constitution -- Business)

    Bruno's files Chapter 11  Feb 8, 2009
    for free extra services. Subscribe to Birmingham Business Journal. (Birmingham Business Journal, AL)

    Lockhart warns of weakening economic growth and inflation  Mar 28, 2008
    Lockhart said weakness in the housing market was at the center of slowing economic growth, and residential weakness has weighed on other areas such as the retail segment of the commercial real estate sector ... Birmingham Real Estate. (Birmingham Business Journal)

    Food bank pantries shrink amid economic woes, surplus shortage  Mar 28, 2008
    Schultz said she lost her job at a real estate agency in October. Bolden said he hasn't been able to find a paying job for the past year, even though he volunteers at churches to show he is willing to work. (AL.com)

    Bradford Building Co. completes two office complexes  Mar 26, 2008
    Tenants include a branch and offices, Bellini's Restaurant, Cantina, Edgar's Bakery, Hawthorn Real Estate, Rosegate and Medaus Pharmacy ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    Boys & Girls Club honors Shelton man  Mar 22, 2008
    " Carey's past awards include the Joseph A. Pagliaro Service to Youth Award from the Parent Child Resource Center and the Gold Seal Award from the Greater Valley Chamber of Commerce. The 2008 Service to Youth Dinner will be held March 25 at John J. Sullivan's restaurant in Ansonia. Tickets are $50 a person. Reservations can be made by calling Ann Wheeler at 924-7462. Carey and his wife, Diana "Dee" Carey, have two children and two grandchildren. He owns Carey era Real Estate in Shelton with... (Valley News, CT)

    VisionFirst to Create Birmingham's Next Reality Star with 'Beyond the Big E' Contest  Mar 19, 2008
    Call for entries at http://www. March 18 /PRNewswire/ -- VisionFirst, Birmingham's leader in total eye care, announced today that they will invite the public to select one lucky winner to be the star of a reality Webisode series titled "Beyond the Big E" and receive free LASIK surgery. (Yahoo! Wire -- Entertainment News)

    Fight over digital ads spreads over Pittsburgh  Mar 19, 2008
    Lamar real estate manager Jim Vlasach would not comment when reached by phone. The firm, though, spoke through its sign permit applications, asking to put the ever-changing, highly profitable digital signs in Oakland, the Strip District, Hazelwood, Chateau, East Allegheny, Upper Lawrenceville, the Bluff, Mount Washington, Duquesne Heights, Overbrook, Larimer, Esplen, the South Side, Bloomfield and Downtown. (Pittsburgh Post-Gazette, PA)

    Gerald Armstrong  Mar 15, 2008
    - Inverness Real Estate Investment ... South Florida Real Estate. (South Florida Business Journal, FL)

    It's not all rosesThe advantages and challenges of living in rural Britain  Mar 3, 2008
    The real estate is worth much more as a home than as a business. Indeed some villages have now lost their pub, shop/post office, school and even church - all snapped up to provide housing. (BBC News -- UK)

    Business groups split over individual health mandate  Mar 3, 2008
    San Jose Real Estate ... - Inverness Real Estate Investments. (San Jose Business Journal, CA)

    Greater Shelby County Chamber of Commerce  Feb 19, 2008
    Shelby County to host technology networking event - Birmingham Business Journal. Members: Not Registered. (Birmingham Business Journal, AL)

    Associated General Contractors of America  Feb 19, 2008
    Construction is big business for Texas - Austin Business Journal. Members: Not Registered. (Austin Business Journal, TX)

    Software firm Pyxis raises $5.25M  Feb 15, 2008
    Software firm Pyxis raises $5. 25M - Austin Business Journal. (Austin Business Journal, TX)

    Tannehill center nabs JCPenney, Premiere Cinemas  Jan 27, 2008
    JCPenney, Ross Dress for Less and Premiere Cinemas will join the line-up, filling all the big-box store space the real estate investment trust had planned for the 500,000-square-foot development ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    Top 40 Under 40: L-Z  Jan 20, 2008
    He loved the town, but not the profession, and "decided to dabble in real estate." ... As a member of Wallace, Jordan, Ratliff & Bryant LLC, Leara, 37, specializes in mergers and acquisitions, bankruptcy, business transactions, commercial and real estate law ... Birmingham Real Estate. (Birmingham Business Journal, AL)

    Commercial real estate leaders share their 2008 outlooks  Jan 14, 2008
    This week's question: What is your outlook for Birmingham's commercial real estate market heading into 2008 ... "The subprime credit mess has certainly infected all credit markets, locally and worldwide. Most of the banks serving Birmingham have announced write-downs, and this certainly will lead to tighter credit standards, which can't help but affect the number and velocity of commercial real estate transactions in 2008. So, long story short: headwinds for 2008.". (Birmingham Business Journal, AL)

    Experts: Tough market for domes  Jan 12, 2008
    Birmingham Real Estate ... - Marcus & Millichap Real Estate Investment Services ... - Marcus & Millichap Real Estate Investment Services. (Birmingham Business Journal, AL)

    Gala will help fund museum  Jan 10, 2008
    The Lucy Craft Laney Museum of Black History put on its inaugural Heritage Gala last year in hopes that it would become an annual event. "We felt that this would allow us to share such an event with our sponsors, friends and community at large and, at the same time, raise some much-needed funds," said Christine Miller-Betts, the executive director of the museum. (The Augusta Chronicle)

    Slade changing west Birmingham's status quo  Jan 5, 2008
    Birmingham Real Estate ... Silver lining: Finding good news in the slumping real estate market ... - Marcus & Millichap Real Estate Investment Services. (Birmingham Business Journal, AL)

    Crenshaw back from Harvard with big plans for Birmingham  Jan 5, 2008
    The area around it was dilapidated, but Crenshaw and her father - who together run Sloss Real Estate - bought the building anyway with hopes their renovation would spark the rest of Southside and beyond to follow suit ... Birmingham Real Estate ... Silver lining: Finding good news in the slumping real estate market. (Birmingham Business Journal, AL)

    Douglas Gulotty  Jan 1, 2008
    Wilber Nat'l Bank makes plans for first local branch - The Business Review (Albany). Members: Not Registered. (Albany Business Review, NY)

    Georgia real estate firm buys Southside office complex  Dec 21, 2007
    Melaver, a sustainable real estate developer, is based in Savannah, Ga ... Birmingham Real Estate ... - Marcus & Millichap Real Estate Investment Services. (Birmingham Business Journal)

    Digital Hospital demolition idea surfaces  Dec 7, 2007
    Birmingham Real Estate ... - Marcus & Millichap Real Estate Investment Services. (Birmingham Business Journal, AL)

    US Airways full-time employment down 22.4% since 2003  Nov 20, 2007
    US Airways full-time employment down 22. 4% since 2003 - The Business Journal of Phoenix. (Phoenix Business Journal, AZ)

    AHI Cardiovascular Surgeons Ltd.  Nov 6, 2007
    Heart Hospital, affiliates pay $6. 7 million after billing Medicare for experimental procedures - The Business Journal of Phoenix. (Phoenix Business Journal, AZ)

    CenterState sees slow deposit growth, bad loans  Oct 27, 2007
    Nonperforming assets, including delinquent loans and real estate acquired through foreclosure, were $5 ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)

    Bank of America Corp.  Oct 23, 2007
    BofA exec departs - Wichita Business Journal. Members: Not Registered. (Wichita Business Journal, KS)

    Survey: Real estate still No. 1 investment  Oct 9, 2007
    Despite a slow national real estate market, a recent survey showed real estate is the No. 1 choice for self-directed investors ... "It demonstrates that, although the real estate market is experiencing a downturn, many still continue to view real estate as a secure and viable means to growing their nest egg." ... Birmingham Real Estate. (Birmingham Business Journal)

    Guidant Financial Group  Oct 9, 2007
    Survey: Real estate still No. 1 investment - Birmingham Business Journal ... Survey: Real estate still No. 1 investment ... Despite a slow national real estate market, a recent survey showed real estate is the No. 1 choice for self-directed investors. (Birmingham Business Journal, AL)

    Looks like another biotech miss  Sep 22, 2007
    Your Connection to the. " Alabama Gov. Bob Riley will make an announcement on the Solvay plant next week, a spokeswoman said. Solvay spokesman Neil Hirsch said the company has not made a final decision on where to build the plant, but one is expected next week. Spokeswomen for Georgia Gov. Sonny Perdue and the state Department of Economic Development declined to comment until Solvay makes its official announcement. "Solvay has told us their decision is not finalized," economic development... (Athens Banner-Herald)

    DragonWave Strengthens Leadership Team in Europe, Middle East and Africa Region  Sep 17, 2007
    Source: DragonWave Inc.. Clive Belfort appointed Vice President, EMEA. (CCNMatthews Press Releases)

    Kenneth E. Baggett  Sep 11, 2007
    Reznick Group plans Atlanta expansion - Atlanta Business Chronicle. Members: Not Registered. (Atlanta Business Chronicle, GA)

    State takes in nearly $1.4 billion in August  Sep 11, 2007
    State takes in nearly $1. 4 billion in August - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)

    Companies invested $1.3B in private firms during first half of year  Sep 5, 2007
    Companies invested $1. 3B in private firms during first half of year - Pacific Business News (Honolulu). (Pacific Business News, HI)

    PRESS DIGEST - British business - Aug 20  Aug 20, 2007
    MWB put the hotels up for sale after a disposal into the Vector Hospitality real estate investment trust fell threw when Vector's float was pulled. Ireland's largest hotel developer The PREM Group has been tipped as the bidder. (Reuters.uk)

    Selling the city  Jul 24, 2007
    Cosby said RealtySouth was chosen for the partnership because they are the only residential real estate firm that is a member of the chamber's Chairman's Circle and the firm also had an 11-employee team that works on relocation efforts. Despite their profession, Cosby said RealtySouth will approach the individuals it is recruiting as ambassadors of the chamber, rather than employees or brokers for RealtySouth. (Birmingham Business Journal, AL)

    Severn Bancorp 2Q earnings dip  Jul 12, 2007
    Blaming a slow real estate market, said Wednesday that second-quarter earnings fell by almost one-third ... CEO Alan J. Hyatt said in a statement the company's earnings "were quite respectable" given the downturn in the real estate market. (Baltimore Business Journal, MD)

    Going Beyond the Best-Selling Book and Blockbuster Film Sierra Entertainment Announces Robert Ludlum's The Bourne Conspiracy(TM)  Jun 27, 2007
    Source: Sierra Entertainment. Jason Bourne's Intense World of Action and Espionage Targeted for PLAYSTATION(R)3 and Xbox 360(TM). (Yahoo! Wire -- Entertainment News)

    HealthSouth selling posh B'ham HQ  Jun 2, 2007
    HealthSouth said it will lease space in the headquarters building for at least a year, and it hired another real estate company to act as a consultant on a possible relocation in metro Birmingham. The massive corporate campus was envisioned by Scrushy, founder of the chain of rehabilitation hospitals. (Atlanta Journal-Constitution -- Business)

    FDIC: Bank earnings down on 12-month basis  Jun 1, 2007
    Non-current loans are those 90 days or more delinquent, those no longer accruing interest and real estate owned. In terms of the housing market, the national percentage of non-current real estate loans grew to ... New faces: More young people opt for real estate careers. (Tampa Bay Business Journal, FL)

    Print Edition  May 29, 2007
    New faces: More young people opt for real estate careers. powered by. (Birmingham Business Journal, AL)

    Colonial Properties Trust  May 22, 2007
    Colonial Properties to build a Pinnacle center in Florida - Birmingham Business Journal. Members: Not Registered. (Birmingham Business Journal, AL)

    Appraiser oversight tightened  May 19, 2007
    Real estate appraisers face a dramatic increase in their licensing requirements beginning next year ... But queried as to whether the changes would limit real estate fraud -- a wave of which seems to plague American industry cyclically, Guilfoil says she is unsure. (San Jose Business Journal, CA)

    Women-owned firms lag in total federal contracts  May 16, 2007
    Industries where Rand found women may be underrepresented included manufacturing, transportation, real estate, educational services, professional services and health care. Gerriann Fagan, owner of The Prism Group LLC in Birmingham, said it's disheartening to hear that women-run companies are underrepresented for contracts in certain fields. (MSNBC -- Business)

    Inhibitex records Q1 profit  May 10, 2007
    Members: Not Registered. for free extra services. (Atlanta Business Chronicle, GA)

    1,400 on the hunt for jobs  May 3, 2007
    Adam Chavers, 23, from Milton, was looking for another job to supplement his real estate sales job. Having graduated from Florida State University last year, Chavers said his student loans are now coming due. (Pensacola News Journal)

    Aspen continues NW Austin push  May 1, 2007
    Aspen bought the 118,745-square-foot Plaza on the Lake building just off Capital of Texas Highway near Lake Austin from Prime Real Estate Equities I LP, a partnership between USAA Real Estate Co. and Prudential Real Estate Investors. The building takes Aspen's local portfolio to 2. (Austin Business Journal, TX)

    Beale Street firm approved for Birmingham project  Apr 29, 2007
    Under the deal approved Friday, Memphis-based Performa Entertainment Real Estate will build and manage the development adjacent to the civic center. Performa earlier had discussed spending $55 million on the district. (Shoals TimesDaily)

    Colonial Trust lightens portfolio  Apr 27, 2007
    Colonial Properties Trust, an Alabama-based real estate investment trust with extensive Central Florida holdings, said Thursday it's selling more than $1. 7 billion in office and retail properties as part of a strategy to focus on the apartment business. (Orlando Sentinel -- Business)

    Scrushy agrees to $81M SEC settlement  Apr 24, 2007
    Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)

    Selling green  Apr 20, 2007
    Environmental Home Center gets venture money to grow - Puget Sound Business Journal (Seattle). Members: Not Registered. (Puget Sound Business Journal, WA)

    Sierra Entertainment Names Peter Della Penna President of High Moon Studios  Mar 23, 2007
    Source: Sierra Entertainment. Founding President John Rowe Takes on Advisory Role. (Yahoo! Wire -- Entertainment News)

    Clark Gore leaving Holder to focus on Atlanta  Mar 11, 2007
    If you have news for Real Estate Notes, contact Jill Lerner at (404) 249-1073; fax, (404) 249-1058; or at jlerner@bizjournals. com. (Atlanta Business Chronicle, GA)

    BellSouth lets employees work at home  Mar 11, 2007
    "Basically companies trying to eliminate real estate space," says Kathy Hamdy-Swink, manager of solutions for BellSouth in Atlanta and a full-time teleworker. Pages: 1. (Birmingham Business Journal, AL)

    Chris Gregoire  Feb 27, 2007
    Western states agree to control greenhouse gas emissions - Puget Sound Business Journal (Seattle). Members: Not Registered. (Puget Sound Business Journal, WA)

    Fish Market grows with renovation to warehouse  Feb 25, 2007
    2004 Real Estate Deals - Renovation Runner-up. Fish Market grows with renovation to warehouse. (Birmingham Business Journal, AL)

    Photo Release -- Education Realty Trust Developed and Managed On-Campus Community At UAB Wins Construction Honors  Feb 13, 2007
    Blazer Hall is managed by Allen & O'Hara Education Services, Inc., the real estate management company subsidiary of EDR. ... Education Realty Trust, Inc. (NYSE: - ) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the U.S. Led by a team with more than 170 years of shared industry experience, EDR is one of America's largest owners and operators of collegiate student housing. (Primezone Releases)

    Building Memories: Home Furniture Store  Jan 23, 2007
    Between 1910 and 1920 Texarkana was growing at a rapid rate and there was tremendous turnover in real estate along our busiest thoroughfares. Douglas F. Johnson, a farmer, opened a city house at 619 Maple St., which he and his family enjoyed when the agricultural pace in the country slowed down during the winter months. (Texarkana Gazette, TX)

    REITs to become next hot properties  Jan 14, 2007
    REAL Estate Investment Trusts finally arrived in the UK last week, some 30 years after they were first launched onto the global investment landscape ... Still, Linlithgow-based Alan Steel Asset Management and ING Real Estate Investment Management believe the property boom may be reaching its peak ... However, Elliot Caldwell and Christopher Tabor, analysts at ING Real Estate Investment Management, point out that at present the projected yield from UK REITs is far below that on offer in other... (Scotsman)

    Bronto reports higher 2006 revenue  Jan 11, 2007
    Raleigh/Durham Real Estate. Price: $353,000 Use Type: Office Building size: 2,000 SF. (Raleigh Triangle Business Journal, NC)

    Real estate agents forecast another steady year  Jan 8, 2007
    Local real estate brokers say the Birmingham market has always been characterized by slow and steady growth - usually avoiding the extreme fluctuations that have blessed or, as was the case for some cities in 2006, cursed other markets. As the calendar turns to 2007, residential real estate professionals don't expect that to change this year. (Birmingham Business Journal, AL)

    SaveTownLake.org gets organized  Jan 4, 2007
    org gets organized - Austin Business Journal. Members: Not Registered. (Austin Business Journal, TX)


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