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    News and Articles on Real Estate



    Boeing wins appeal on tankers  Nov 19, 2009
    for free extra services. Wichita Business Journal - by. (Wichita Business Journal, KS)

    Congress moves to regulate OTC derivatives trading  Oct 14, 2009
    Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)

    Town warms up to proposed nuclear plant  Oct 7, 2009
    "There's lot of anticipation as far as the property owners go in what they might be able to get for their property," real estate agent Nancy Little Lewis said. "People want more for their property than it's worth."They say, 'Well, the power plant is coming. (MSNBC -- Environment)

    Lesser access for babies?  Sep 5, 2009
    The commercial real estate market in the Richmond area is ailing and likely to get worse, much like the rest of the country. Twenty-three properties here ranging from hotels to mixed-used developments, apartments and shopping centers are in. (Yahoo News -- Child Welfare)

    PROFILE: Bill and Carol Seale - Trading spaces  Sep 5, 2009
    I run a company that is a real estate brokerage and a general contractor ... I'm concerned about the market there, but we look at this as trading real estate. (San Francisco Chronicle -- Business)

    * Colonial BancGroup seeks bankruptcy protection amid Florida mortgage loss  Aug 27, 2009
    INVESTIGATION: The Alabama-based real estate lender lost its banking unit earlier this year and is being probed by the US Justice Department over a unit in Orlando AP , MONTGOMERY, ALABAMA Thursday, Aug 27, 2009, Page 10 ... The the Montgomery-based real estate lender listed debts of US$380 million and assets of just US$45 million in its filing on Tuesday in US Bankruptcy Court in the Middle District of Alabama ... Delinquencies on commercial real estate loans remain a hot spot of potential... (Taipei Times, Taiwan -- Business)

    Colonial BancGroup Files for Chapter 11 Protection  Aug 26, 2009
    Colonial BancGroup Inc., the Montgomery-based real estate lender whose banking unit was shut down by the government and sold to BB. earlier this month, has filed for Chapter 11 bankruptcy protection ... Delinquencies on commercial real estate loans remain a hot spot of potential trouble for many regional banks, as many companies have shut down in the recession, vacating shopping malls and office buildings financed by the loans. (ABC News -- Wire)

    Large Texas Bank Shut Down by Federal Regulators  Aug 23, 2009
    Guaranty Bank, with 162 branches in Texas and California, saw its investments in real estate lending and mortgage-backed securities bought from other banks sour and had been teetering near collapse for weeks ... Last week the FDIC seized Colonial Bank, a big lender in real estate development, and sold its $20 billion in deposits, 346 branches in five states and about $22 billion of its assets to BB. It was the biggest bank failure so far this year, and the sixth-largest in U.S. history. (ABC News -- Wire)

    Failure Edition: Banker, Regulator, Leverager, Stimulus  Aug 16, 2009
    To deal with the surge in failures, "federal officials are discussing ways to relieve banks of some of their bad assets, such as troubled real estate loans. One plan under discussion, referred to within the government as "Spinco," would allow banks to spin off bad assets into a separate entity." The New York Times Colonial's acquirer, (BBT), is "a regional bank that has emerged from the financial crisis as one of the industry's strongest players." ... Those securities, CMBS's, have "scores of... (Slate)

    Hidary: Why 'Cash for Clunkers' works  Aug 11, 2009
    First, the auto industry has so many connected jobs in real estate, finance, manufacturing and other industries, that is hard to separate it out. Second, one of the biggest drags on our economy is our trade imbalance. (CNN -- US)

    Is Google playing by the book?  Aug 8, 2009
    Is Google playing by the book. Is Google playing by the book. (Christian Science Monitor)

    Who Will Get Lucky?  Aug 2, 2009
    Im in real estate, and the real estate office there is Tiger Remax. Everything is orange and has the paws. (GamecockInsider.com)

    United Security Bancshares, Inc. Reports Second Quarter Results  Aug 1, 2009
    "We anticipate that our earnings performance for the second half of the year will continue to be affected by the weak economy due to higher unemployment rates and the soft real estate market in our core markets," continued Mr. Phillips ... "Loan demand remains soft in our markets due to the slowdown in real estate development and construction activities," noted Mr. Phillips ... "Real estate loans have been our primary growth driver in the past, and this market has been hard hit by the economy,... (PR Newswire)

    Hancock Holding Company Announces Earnings for Second Quarter 2009  Jul 22, 2009
    The higher level of commercial charge-offs were largely in land development and commercial real estate credits in various parts of the Company's four state footprint and were confined to a relatively small number of credits (nine credits alone totaled $8 ... The increase in period-end loans was in commercial/real estate (up $63 ... 1 million while other real estate owned (ORE) increased $2. (Primezone Releases)

    Renasant Corporation Announces 2009 Second Quarter Earnings  Jul 22, 2009
    05% at June 30, 2008, due to increases in other real estate owned ... 75% *Percent variance not meaningful RENASANT CORPORATION -------------------- (Unaudited) (Dollars in thousands, except per share data) 2009 ---- Second First Average balances Quarter Quarter ---------------- ------- ------- Total assets $3,738,852 $3,763,245 Earning assets 3,337,103 3,343,699 Securities 701,894 696,068 Loans, net of unearned 2,542,021 2,587,436 Intangibles 192,568 193,067 Non-interest bearing deposits... (PR Newswire)

    Geithner Fields Questions About Financial Overhaul  Jun 19, 2009
    Real Estate Headlines. Gray Television, Inc. - Copyright 2002-2009 - Designed by Gray Interactive Media - Powered by Clickability. (KWTX.com, TX)

    Drea de Matteo engaged to singer Shooter Jennings  Jun 16, 2009
    Cal Tabucchi, 66, taught junior high school in Los Gatos for 28 years and sold real estate for the next 10 years. Armies of new Avon ladies, Mary Kay reps and Tupperware sellers are advancing on living rooms across. (San Francisco Chronicle -- Entertainment)

    Boeing moving Missile Defense HQ to Alabama  May 14, 2009
    for free extra services. Subscribe to St. Louis Business Journal. (St. Louis Business Journal, MO)

    The Gulf Coast Vacation Industry is Truly a Renter's Market  May 8, 2009
    May 7 /PRNewswire/ -- Spectrum Capital, LLC, a full-service real estate company based out of Jackson, Mississippi, recently announced their acquisition of 90 condominium units at Turquoise Place in Orange Beach, Alabama ... Spectrum is a diversified real estate company engaged in all aspects of development, sales, and management of luxurious high-rise condominiums, premier retail and entertainment destinations, top flight sports facilities, and upscale mixed-use properties. (Yahoo! Wire -- Entertainment News)

    Capital City Bank Group, Inc. Reports First Quarter 2009 Results  Apr 20, 2009
    39% of loans and other real estate at the end of the first quarter, compared to 5 ... 3 million over year-end levels, mostly due to the addition of three large real estate loan relationships, including a student housing development and two single-family residential projects ... Year over year, growth was primarily attributable to commercial real estate mortgages and home equity loans. (Primezone Releases)

    American sailors who thwarted pirates return to US  Apr 16, 2009
    Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)

    Captain captured by pirates 'natural leader,' Portsmouth friend says  Apr 11, 2009
    L/RAIN Saturday April 11, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    Shipping company says captain held by pirates is unharmed  Apr 10, 2009
    M/SUNNY Friday April 10, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    AIG Delays Funds to Some Real-Estate Ventures: Report  Mar 30, 2009
    AIG Global Real Estate, an arm of the insurance company, has interests totaling more than $23 billion across 53 million square feet of real estate, the Journal said. Spending at AIG is being monitored closely by the Federal Reserve after the U.S. government committed $180 billion in bailout funds to what was once the world's largest insurer. (ABC News -- Wire)

    Detecting Potentially Violent Behavior in the Workplace  Mar 24, 2009
    March 23 /PRNewswire/ -- Universal Protection Service (UPS), the largest provider of security services to the commercial real estate market in Southern California and one of the nation's top 10 largest uniform protection companies, has become concerned with the recent increase of violent behavior against employers and co-workers. Workplace violence costs businesses in excess of $50 billion annually. (PR Newswire)

    The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against Colonial BancGroup, Inc.  Mar 14, 2009
    Source: The Brualdi Law Firm. NEW YORK, March 13, 2009 (GLOBE NEWSWIRE) -- The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Middle District of Alabama on behalf of all persons or entities who purchased shares of The Colonial BancGroup, Inc. (``ColonialBanc'' or the ``Company'') (NYSE: - ) between December 2, 2008 and January 27, 2009 (the ``Class Period'') for violations of the federal securities laws. (Primezone Releases)

    Experts: Real estate a smart investment  Mar 14, 2009
    With a backlog of properties within the Lake Martin real estate market, it might be better to invest in the housing market ... Real estate is a much more solid investment ... In fact the elevated levels of inventory are not only causing an increase in pricing pressure in local markets, but is having similar effects statewide, according Grayson Glaze, executive director of the Alabama Center for Real Estate. (Alexander City Outlook, AL)

    Regions Financial Corp.'s Morgan Keegan Unit Hit With Large Arbitration Award  Mar 13, 2009
    Source: Maddox Hargett & Caruso. March 12, 2009 (GLOBE NEWSWIRE) -- A Birmingham, Alabama FINRA arbitration panel awarded $187,000 to a retired cattle farmer from York, Alabama for losses suffered in Morgan Keegan bond funds. (Primezone Releases)

    Squeeze The Most Out Of Your Taxes  Mar 11, 2009
    For your 2008 and 2009 tax returns, taxpayers who DON'T itemize their deductions can now take an additional standard deduction for real estate taxes that they paid. This could be as much as $500 single / $1,000 for married couples filing jointly. (CBS News -- Early Show)

    Renasant Corporation to Participate in Stephens Inc.'s Bank and Thrift 'conference at your desk' Webcast  Mar 10, 2009
    Source: Renasant Corporation. March 9, 2009 (GLOBE NEWSWIRE) -- Renasant Corporation (NasdaqGS: - ) announced today that on Tuesday, March 10, 2009 at 3:00 PM (Eastern Time), E. Robinson McGraw, Renasant Chairman & CEO, will be presenting in the Stephens Inc. Bank and Thrift ``conference at your desk'' webcast. (Primezone Releases)

    Suze Orman: Queen of the Crisis  Mar 7, 2009
    When asked whether she could have done more to warn people about the real estate, stock-market and credit bubbles of the past few years, Orman said, "I did everything I could.". 1. (Time.com)

    Holzer Holzer & Fistel, LLC Announces That It Has Filed a Shareholder Class Action Against Colonial Bancgroup, Inc. -- CNB  Mar 6, 2009
    Holzer Holzer & Fistel, LLC Announces That It Has Filed a Shareholder Class Action Against Colonial Bancgroup, Inc. -- CNB: Financial News - Yahoo. Source: Holzer Holzer & Fistel, LLC. (Primezone Releases)

    Publix earnings dip in 4Q and year-end  Mar 5, 2009
    Stay up to date on the latest news from within the commercial real estate industry ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)

    Bell Microproducts Announces Amendment of Its Term Debt Facilities  Mar 3, 2009
    Source: Bell Microproducts Inc.. March 2, 2009 (GLOBE NEWSWIRE) -- Bell Microproducts Inc. (Other OTC: - ) today announced the completion of amendments to its term debt agreements with The Retirement Systems of Alabama. (Primezone Releases)

    Media General Announces Employee Furlough Program  Feb 19, 2009
    Source: Media General, Inc.. Feb. 18 /PRNewswire-FirstCall/ -- Media General, Inc. (NYSE: - ) announced today that it is implementing an employee furlough program in the face of an economy that continues to contract, causing the advertising market to further weaken. (Yahoo! Wire -- Entertainment News)

    Hancock Holding Company Announces Quarterly Dividend  Feb 18, 2009
    Source: Hancock Holding Company. Feb. 17, 2009 (GLOBE NEWSWIRE) -- Hancock Holding Company (NasdaqGS: - ) today announced that the company's board of directors approved a regular first quarter 2009 common stock cash dividend of $0. (Primezone Releases)

    At Your Library: Volunteers are crucial YPL members  Feb 18, 2009
    SUNNY Wednesday February 18, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    Renasant Corporation Approves Dividend  Feb 13, 2009
    Source: Renasant Corporation. Feb. 12, 2009 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NasdaqGS: - ) approved the payment of a quarterly cash dividend of seventeen cents ($0. (Primezone Releases)

    Capitol/EMI Releases Nat King Cole 'Voices Of Change, Then & Now' Digital EP Via All Major Digital Service Providers  Feb 11, 2009
    Capitol/EMI Releases Nat King Cole 'Voices Of Change, Then & Now' Digital EP Via All Major Digital Service Providers: Financial News - Yahoo. Capitol/EMI Releases Nat King Cole 'Voices Of Change, Then & Now' Digital EP Via All Major Digital Service ProvidersTuesday February 10, 2:22 pm ET. (Yahoo! Wire -- Entertainment News)

    Weyerhaeuser closing Alabama mills  Feb 8, 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. (Puget Sound Business Journal, WA)



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