Junior League's Tour of Kitchens this weekend Mar 18, 2010
12:01 p.m. Wednesday, March 17, 2010. Junior League's Tour of Kitchens gives peek into private spaces. (Atlanta Journal-Constitution -- Home & Garden)
Cousins CEOs total compensation up Mar 18, 2010
Cousins (NYSE: CUZ), an Atlanta-based real estate investment trust, , up 18 percent from 2008. The proxy also noted former chairman and CEO Thomas D. Bell Jr. got $3. (Atlanta Business Chronicle, GA)
Builders adapt to smaller market Mar 17, 2010
Residential real estate reporter Michelle E. Shaw obtained data from Metrostudy about the number of homes being built in metro Atlanta and wanted to know who was building in this housing market and where. She interviewed city and county officials, housing experts and builders across the metro Atlanta area. (Atlanta Journal-Constitution -- Business)
Rollins rewards execs, higher total comp Mar 17, 2010
Rollins rewards execs with higher total comp - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Deal close on Lakewood property Mar 17, 2010
The city is negotiating with a motion picture company to lease four buildings at the Fairgrounds, said John Lavelle, the city's director of real estate ... He said the city believes it's better to lease the property than sell it because of the down real estate market. (Atlanta Journal-Constitution -- Metro)
Reports claim IBM looking for more office space Mar 17, 2010
A commercial real estate web site said Tuesday that computer giant IBM is looking for office space to potentially consolidate its Atlanta operations. More business news. (Atlanta Journal-Constitution -- Business)
Ideas on budget crisis of little help Mar 17, 2010
Other proposals include selling off government-owned real estate and consolidating state agencies. Georgia already has made $3 billion in cuts and is looking at a shortfall of more than $1 billion as revenues continue to decline. (Athens Banner-Herald)
IBM looking at potential office consolidation Mar 17, 2010
7 million square feet in metro Atlanta to as little as 500,000 square feet, marking a significant downsizing for the company but also one of the largest real estate projects in the city's history. IBM is still grappling with its consolidation plans, sources say. (Atlanta Business Chronicle, GA)
Underwriting key in First Coweta failure Mar 16, 2010
grew too fast and depended too heavily on residential real estate development loans, according to a federal audit of how the Newnan, Ga ... Many of the nation-leading 32 banks that have failed in Georgia since August 2008 were young banks, like First Coweta, and also heavily tied to real estate ... But like other failed Georgia banks before it, First Coweta was consumed by a toxic cocktail of souring real estate loans and a liquidity crunch after the housing market burst and Wall Street... (Atlanta Business Chronicle, GA)
Audit: Risky lending doomed First Coweta Bank Mar 16, 2010
A federal audit of the August 2009 failure of First Coweta Bank in Newnan says the bank succumbed to the same problem as most of the state s other failed institutions: too many residential real estate development loans and poor loan underwriting. More business news. (Atlanta Journal-Constitution -- Metro)
Exclusive Subscriber Content Mar 16, 2010
Print Edition - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Luxury condo tower to be foreclosed Mar 16, 2010
The loan was held by Chicago-based Corus Bank, which was taken over by federal regulators last September, one of many banks across the nation to fail because of deterioriating construction and commercial real estate loans. In January, a notice of foreclosure was filed for another Tivoli property at 1138 Peachtree St., a less than one-acre parcel on which Tivoli President and Chief Executive Officer Scott Leventhal proposed building a 53-story mixed-use building, featuring a high-end Mandarin... (Atlanta Journal-Constitution -- Business)
Foreclosure notices hit a record Mar 16, 2010
Unemployment is still rising and I think this is just good old fashioned economic hardship, people losing jobs and can t make payments, Richard Martin, associate professor of real estate at the University of Georgia's Terry College of Business, said of the March foreclosure notices. Times are getting tougher for a lot of people. (Atlanta Journal-Constitution -- Business)
Southerns Ratcliffe signs solar deal with Ted Turner Mar 16, 2010
Southerns Ratcliffe signs solar deal with Ted Turner - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Financing gives software maker power to grow Mar 15, 2010
The company is considering diversifying into complimentary verticals, such as petrochemicals, mining and real estate investment trusts all of which are capital-intensive and involve vast amounts of assets. Pages: 1. (Atlanta Business Chronicle, GA)
Synovus cuts chairmans comp 60% Mar 13, 2010
Once a high-flier among Southeastern banks, Synovus has been swamped under a flood of souring real estate loans, seen its stock price tumble to previously unimaginable lows, and been the subject of takeover rumors. But its management is optimistic about the bank s future and. (Atlanta Business Chronicle, GA)
Funding for Low-Income Housing Pays Off Mar 13, 2010
REALTOR Magazine Online: The real estate professional's business support tool ... Daily and weekly real estate news, trends, NAR press releases, convention coverage, plus exclusive features and columns ... Get the Daily Real Estate News delivered straight to your desktop or news aggregator. (Realtor Magazine Online)
Extended jobless benefits bug some Mar 13, 2010
7 percent in February, millions of jobs have been lost in the downturn, particularly in the hardest-hit sectors such as real estate, construction, manufacturing and financial services. Those jobs are unlikely to return even when the economy recovers, many experts say. (Atlanta Journal-Constitution -- Business)
McCormick expands product recall Mar 13, 2010
McCormick expands recall over Salmonella - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Tax breaks target rail, road Mar 13, 2010
for free extra services. Friday, March 12, 2010. (Atlanta Business Chronicle, GA)
City Hall East property has new suitor Mar 12, 2010
Atlanta has a verbal agreement to sell the City Hall East property to a real estate investment firm for $27 million, the same price as a deal that fell through last year, Mayor Kasim Reed told the city council Thursday ... But after more than three years of delays, the agreement fell victim to the real estate market slump early last year when the company couldn t obtain financing ... But most appeared to accept Reed s argument that waiting longer in a deteriorating real estate market would only... (Atlanta Business Chronicle, GA)
Property Tax bill passes out of Senate Mar 12, 2010
Once the economy is back on its feet and real estate values rebound, this yearly assessment will amount to an annual property tax increase. Keith. (Atlanta Journal-Constitution -- Metro)
Real estate suitors court Pricewaterhouse Mar 12, 2010
could be this year s belle of the ball in commercial real estate ... Eola Capital could slash rent by at least $4 per square foot to renew Pricewaterhouse-Coopers, according to real estate sources. (Atlanta Business Chronicle, GA)
Tiny supply builds hope for housing industry Mar 12, 2010
Residential real estate ruction ... Sacramento Real Estate. (Sacramento Business Journal, CA)
Summer airfare wars already heating up Mar 12, 2010
by David Koenig - Mar. 11, 2010 04:27 PM Associated Press. (AZCentral -- Business)
Ga. Power bills to rise $5.59 on average Mar 12, 2010
PSC votes higher fuel costs for Ga. Power - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
Slowly, Americans regain their lost wealth Mar 12, 2010
Slowly, Americans are regaining their lost wealth. Slowly, Americans are regaining their lost wealth. (AZCentral -- Business)
Wanted: More airport shops Mar 11, 2010
Ray Uttenhove, executive vice president and managing principal of real estate services firm SRS Real Estate Partners in Atlanta, said $700 per square foot is about what Lenox Square mall does. "Anything above $600 to $700 is considered pretty dynamic," she said, calling Hartsfield-Jackson's numbers "very good.". (Atlanta Journal-Constitution -- Business)
UGA study tackles myth of Obama the Muslim Mar 11, 2010
UGA study tackles myth of Obamas Muslim faith - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Airline fliers big gripes? Fees, legroom Mar 11, 2010
Airline fliers biggest gripes. Fees and leg room - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
Georgia lawmakers approve water conservation bill Mar 11, 2010
Georgia lawmakers approve water bill - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Sales Stories Mar 11, 2010
A survey of small-business owners finds that declining sales and lower real estate values are the main reasons why small businesses are having trouble getting credit. Sales & Marketing Poll. (Atlanta Business Chronicle, GA)
Andrew Young School dean resigns Mar 11, 2010
Andrew Young School dean says he was asked to resign - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Tax breaks fail to ease sting Mar 11, 2010
This is not the real estate market Adrian Finks planned for when he bought a house in the exclusive Sugarloaf Country Club near Duluth ... Duluth luxury real estate is really going down ... Gwinnett s chief appraiser Steve Pruitt said the county s reappraisal effort took local real estate woes into account: We were watching the market. (Atlanta Journal-Constitution -- Metro)
Postal boss says no to 3-day delivery Mar 11, 2010
Postal boss says no to 3-day delivery - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Georgia Tech Well-Represented At Atlanta Sports Awards Mar 10, 2010
Real estate mogul Tom Cousins, a graduate of Georgia, was honored for the Lifetime Achievement Award Presented by Coca-Cola. The High School Scholar Athletes of the Year Presented by Georgia Best Chevy Dealers went to Rawson Haverty (The Westminster Schools) and Megan Light (North Springs High School). (Ramblinwreck.com)
PAB Bankshares, Inc. Announces Financial Results for Fourth Quarter and Full-Year 2009 Mar 10, 2010
7 million in losses on other real estate owned during the quarter ... "We have our problem assets marked down to a discounted carrying value, and we do not expect further material deterioration in residential real estate values in our markets," stated Torbert ... 1 million in foreclosed real estate and other repossessed assets, $881,000 in loans classified as troubled-debt restructurings and $15,000 in loans past due 90 days or more and still accruing interest. (Primezone Releases)
Conventioneers to Atlanta, stat! Mar 10, 2010
Conventioneers to Atlanta, stat. - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
Kroger profit dives but still beats Street Mar 10, 2010
Profits fall, but Kroger beats 4Q estimates - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Survey: Consumer spending may slow Mar 10, 2010
Consumer spending projected to slow - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Charter school conference: Movement stronger than ever in Georgia Mar 10, 2010
They are get rich quick schemes where investment in real estate, etc. with tax payer money is the norm. (Atlanta Journal-Constitution -- Metro)
Decorative paint a wallpaper alternative Mar 10, 2010
Bonnie Roberts-Burke, a real estate agent, had 80 feet of stripes painted in her 100-year-old Washington town house ... Directory of Featured Atlanta real estate agents ... Listings of real estate events taking place in metro Atlanta. (Atlanta Journal-Constitution -- Home & Garden)
Runaway Prius driver: Brakes were 'almost burned' Mar 10, 2010
Sikes, a real estate agent, said he was passing another car when the accelerator stuck and eventually reached 94 mph. During the two 911 calls, Sikes ignored many of the dispatcher's questions, saying later that he had to put his phone on the seat to keep his hands on the wheel. (Atlanta Journal-Constitution -- Business)
Don't text and drive, AT&T says Mar 9, 2010
ATches new campaign on dangers of texting while driving - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Atlanta Sports Council Awards Mar 9, 2010
At the Atlanta Sports Awards at Fox Theatre, the real estate developer was presented with a lifetime achievement award by the Atlanta Sports Council for his contributions to Atlanta sports. Cousins brought the NBA and NHL to Atlanta in 1968 and 1972, respectively, and built the Omni, the predecessor to Philips Arena. (Atlanta Journal-Constitution -- Sports)
NBA ROUNDUP Williams picks up for loss of LeBron Mar 9, 2010
NBA ROUNDUP / Williams picks up for loss of LeBron. Article:NBA ROUNDUP / Williams picks up for loss of LeBron:/c/a/2010/03/08/SPSN1CCQRL.DTL Article:NBA ROUNDUP / Williams picks up for loss of LeBron:/c/a/2010/03/08/SPSN1CCQRL.DTL advertisement. (San Francisco Chronicle -- Sports)
AGL Resources exec missing in NOLA Mar 9, 2010
for free extra services. Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
March Madness may cost companies $1.8B Mar 9, 2010
March Madness may cost companies $1. 8B - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
BB&T CEO salary, total comp up in 2009 Mar 9, 2010
BBsalary, total comp up in 2009 - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
`On the Edge' Banks Facing Writedowns After FDIC Auctions of Seized Loans Mar 9, 2010
6 billion are real estate loans and about 4 percent of those involve participations by other lenders, according to agency spokesman ... Unlike the subprime mortgage problems, which hit mostly bigger financial institutions, the commercial real estate crisis is going to hit mostly smaller and regional banks, Miller said ... A $416 million package of Silverton assets being auctioned for the FDIC by includes $254 million of loans for commercial real estate projects such as the W Hotel in which... (Bloomberg)
Georgias tax revenue dives in February Mar 9, 2010
Georgias tax revenue dives in February - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Index prompts hope of job growth Mar 9, 2010
Conference Board employment index prompts hope that job growth is near - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Walter Energy names temporary CEO Mar 9, 2010
Joseph Leonard, former AirTran CEO, now temp CEO of Walter Energy - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Jos. A. Bank brings back free suit promo Mar 9, 2010
A. Bank brings back suit promotion for laid-off customers - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Georgia banks find new ways to raise capital Mar 9, 2010
Terms were not disclosed, but industry sources say it s likely Heritage Bank parent company paid fair market value for the real estate and perhaps a 1 percent to 3 percent premium for the deposits. The benefits for both sides are clear. (Atlanta Business Chronicle, GA)
Kurt Busch Wins Again At Atlanta After 2 Crashes Mar 8, 2010
Real Estate Information. Spruce up your home for sale with these 10 quick, inexpensive ideas. (KFOXTV.com, TX)
General Growth gets court extension Mar 7, 2010
General Growth Properties gets court extension on reorganization - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
Exclusive Subscriber Content Mar 6, 2010
Print Edition - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
U.S. unemployment at 9.7%, 36K jobs lost Mar 6, 2010
U.S. unemployment at 9. 7%, 36K jobs lost - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
IPad on sale April 3, pre-orders March 12 Mar 6, 2010
Apple stores get iPad April 3, pre-orders on March 12 - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
All states meet stimulus roads deadline Mar 6, 2010
All states meet stimulus deadline for road projects - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Tech to build $23M energy research lab Mar 6, 2010
for free extra services. Friday, March 5, 2010. (Atlanta Business Chronicle, GA)
Atlanta lifer leads market, global diversity for BofA Mar 6, 2010
The state s biggest locally based banks, and , have taken a beating in soured real estate loans. And , the No. 2 bank by market share, merged with. (Atlanta Business Chronicle, GA)
FDIC might help banks bid on loans Mar 6, 2010
The moves by the appear to be aimed at addressing bankers and analysts fears that the pending auction could put added pressure on scores of community banks nationwide, and mortally wound one or more banks already weakened by the ongoing real estate crisis. The FDIC had enlisted to auction off a major stake in a total loan portfolio valued at $400 million. (Atlanta Business Chronicle, GA)
SunTrust chair Wells gets $7.7M total comp Mar 6, 2010
SunTrust chair Wells gets $7. 7M total comp - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
