Atlanta Business Daily - Real Estate News

Real Estate News

Regulators shut down Centennial Bank after rescue deal failed Monday, March 8, 2010 @ 8:15PMCentennial Bank became the second Utah bank in less than two months to fail due in part to loan losses from the real estate industry and a failed acquisition bid by an Orem eCommerce firm, state regul
County may ax library cut Monday, March 8, 2010 @ 8:15PMAlbemarle County supervisors on Monday signaled their willingness to consider scrapping a planned 5 percent budget reduction for the local library system, a move that would end a messy spat about whether the Scottsville library will remain open.
Lobbyists reverse course as higher estate taxes loom Monday, March 8, 2010 @ 8:14PMLobbyists for small businesses, construction companies, manufacturers and other trade groups are racing the clock to convince Congress to...
Grayson commissioners take public comments section off agenda Monday, March 8, 2010 @ 8:11PMSHERMAN -- Grayson County commissioners said Monday that they welcome comment from their constituents, just not during their weekly meetings. Commissioners heard from two people about the issue of a public comment section before moving on to something else.
General Growth gets offer of $3.93B investment Monday, March 8, 2010 @ 8:10PMTwo major investors in General Growth Properties are joining Brookfield Asset Management in offering to inject a combined $6.5 billion in fresh funds into the shopping mall operator to help it emerge from bankruptcy protection.
Newtown P.O. future being negotiated Monday, March 8, 2010 @ 8:07PMHave you heard the rumor that the Newtown Square Post Office is going to close down as of May 1? As it turns out, it may or may not be true.
Yen Rises on Speculation Japan’s Companies Repatriating Profits Monday, March 8, 2010 @ 8:06PMThe yen strengthened the most in more than a week against the euro on speculation Japanese companies are bringing home overseas earnings before the nation’s fiscal year ends this month.
Emir, Heir Apparent condole quake victims Monday, March 8, 2010 @ 8:03PMDoha: The Emir H H Sheikh Hamad bin Khalifa Al Thani has sent a cable of condolences to Turkish President Abdullah Gul on the victims of the earthquake that hit Turkey yesterday.
The inventor of credit card technology Monday, March 8, 2010 @ 7:59PMSARASOTA, Florida - Forty-four years later, Ron Klein is still adored for his invention. "The women in the room, they absolutely love me," said the 74-year-old retiree from his Sarasota home. "I take a credit card out of my wallet and say, 'I invented this!'"
Ezdan Net Profit QR 8.7B in 2009 Monday, March 8, 2010 @ 3:21AMEzdan Net Profit QR 8.7B in 2009
U.K. Stocks Fall as AstraZeneca, Liberty Drop; Petrofac Gains Monday, March 8, 2010 @ 3:20AMMarch 8 (Bloomberg) -- U.K. stocks declined after the biggest weekly jump since July for the FTSE 100 Index as shares of drugmakers retreated. AstraZeneca Plc fell 1.5 percent after its experimental Recentin drug failed to match Roche Holding AG’s Avastin in tests.
Clean Energy Fading in Florida Monday, March 8, 2010 @ 3:19AMBy ZAC ANDERSON Sarasota Herald-Tribune Despite all the attention Florida has gotten for its clean-energy efforts - including President Barack Obama's recent visit to a solar plant in Arcadia - many experts say the state's clean-energy market is on the verge of collapse.
U.K. Stocks Are Little Changed; BHP Gains, AstraZeneca Drops Monday, March 8, 2010 @ 3:16AMMarch 8 (Bloomberg) -- U.K. stocks were little changed after the biggest weekly jump since July for the FTSE 100 Index as gains by mining companies offset declines among drugmakers.
County government expects to see falling revenue for five more years; leaders say they have plan to survive lean times Monday, March 8, 2010 @ 3:15AMJackson County government expects falling revenues to last five more years, shrinking the county budget by $7 million over a decade.“We are looking at a seven- or eight-year span of reduced property taxes,” said County Administrator Randy Treacher. “It is...
Dubai Index Climbs to 3-Week High on Dubai World Rollover Plan Monday, March 8, 2010 @ 3:15AMMarch 8 (Bloomberg) -- Dubai shares rose to the highest in more than three weeks after bankers said Dubai World will ask lenders to roll over loans when it presents a proposal to creditors this month.
County prompt to pay its taxes Monday, March 8, 2010 @ 3:15AMIn spite of the national recession, most Pulaski County residents paid their taxes on personal property, business and real estate on time, according to county treasurer collections.
DA's ice block Monday, March 8, 2010 @ 3:14AMIt was quite a steal. Hundreds lined up at Midtown's Belvedere Hotel yesterday to bid on bling -- including stunning diamonds and Rolex watches -- formerly owned by two financial scammers who aren't wearing them in prison. In the auction, run by the Manhattan District Attorney's Office...
Letters to the editor Monday, March 8, 2010 @ 3:14AMI applaud Jim Himes for courageously joining 53 other House of Representatives Democrats in sending a letter to Pres. Barack Obama calling on Israel and Egypt to lift their blockade of the Gaza Strip.
$14m Danube factory project on schedule Saturday, March 6, 2010 @ 2:29PMDUBAI: Danube Building Materials announced that its 50 million UAE dirhams ($13.6m) factory project in TechnoPark, which is designed to support the company's expansion plan in the coming years, is moving ahead full steam.
Lunch hassles with friend's boyfriend Saturday, March 6, 2010 @ 2:27PMCollege woman has lunch hassles with friend's boyfriend.
Alshall Market Review Saturday, March 6, 2010 @ 2:18PMThe Qatar Exchange (QE) showed a negative performance during the week starting February 28. The official QE index fell 1.71% over the previous week’s closing and finished at 6,729.23 points last Thursday, while the Alshall (cap weighted) closed at 1,048.02 points, falling 1.05% compared to the previous week’s closing (1,059.12).
Centerline Said to Sell Loan Unit to Island Capital (Update1) Saturday, March 6, 2010 @ 1:49PMCenterline Holding Co., a real estate lender, agreed to sell its special servicing and fund- management business to Andrew Farkas’s Island Capital Group LLC, according to two people with direct knowledge of the matter.
New tax exemptions gain steam in legislature Saturday, March 6, 2010 @ 1:38PMOLYMPIA, Wash. - Even as majority Democrats call for the closure of tax loopholes as they try to address the state's $2.8 billion budget deficit, new exemptions are making their way through the legislature. The biggest new loophole is a proposed 15-month sales tax exemption for data centers. Central Washington's cheap power and ample real estate have drawn corporations to build server farms and ...
New tax exemptions gain steam in legislature Saturday, March 6, 2010 @ 1:31PMEven as majority Democrats call for the closure of tax loopholes as they try to address the state's $2.8 billion budget deficit, new exemptions are making their way through the legislature.
Rattled into action over W-class trams Saturday, March 6, 2010 @ 1:07PMMan who is no stranger to heritage battles says Melbourne's old trams can turn a dollar.
The billionaire whistle blower Saturday, March 6, 2010 @ 1:59AM0 false 18 pt 18 pt 0 0 false false false ‘“ ’” /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso ...
Fort Payne ranks high among micropolitans Saturday, March 6, 2010 @ 1:59AMFort Payne is ranked among the top “micropolitan” areas in the U.S. for attracting the most corporate facility expansion projects, according to Site Selection magazine.
Buyers market can mean better deals Saturday, March 6, 2010 @ 1:54AMEditors note: This is the final part in a seven-part series about reasons to buy a home now.
Millennium running out of time on hotel deal Saturday, March 6, 2010 @ 1:48AMThe hopes of a hotel being built by Millennium Development may disappear in the coming weeks as the latest agreement made with city politicians expires at the end of the month.
Locals help family in Haiti Saturday, March 6, 2010 @ 1:48AMSANTA CRUZ -- A Santa Cruz couple with relatives living in the streets of Port au Prince is holding a fundraiser today to help the family get back on their feet.
Roadside dinosaurs face extinction Saturday, March 6, 2010 @ 1:47AMA closed theme park near Beaver Lake — featuring about 50 life-size, concrete dinosaurs — has been named one of America’s “10 most endangered roadside places.”
Elections officials question credentials of supervisor candidate Deitch Saturday, March 6, 2010 @ 1:46AMSANTA CRUZ -- Days after filing to run for 3rd District county supervisor, candidate and longtime water watchdog Doug Deitch is facing questions about whether he lives in the district and can legally run for office.
Carrigan: January Effect suggests the bull market still has legs Saturday, March 6, 2010 @ 1:45AMEarly last December I used this space to explain the January Effect, which at the time was No. 1 on my worry list.
Peter Boutell, Lending a Hand, March 6, 2010: Improving economy puts upward pressure on mortgage rates Saturday, March 6, 2010 @ 1:45AMThe Federal Reserve has been giving homeowners and homebuyers a gift for the past 15 months. Since the Fed announced its commitment to purchase $1.
Eating 'real' harder than it sounds Wednesday, March 3, 2010 @ 3:22AMThe task set by a food blogger seemed deceptively simple: Eat unprocessed food for a month. More than 900 people signed up, but it was harder than many expected.
USA - ASIA This year, US public debt could reach end game - Asia News Wednesday, March 3, 2010 @ 3:21AMIn 2008, the size of the debt was such that it was quite clear that it was not sustainable. Now we have a timeframe to measure the likelihood of insolvency for the US public debt, and it is this year.
Slavery Museum In Jeopardy Wednesday, March 3, 2010 @ 3:19AMDelinquent taxes could lead to loss of property.
Politicians, Lobbyists and Complainers Descend on Beijing Wednesday, March 3, 2010 @ 3:19AMChina kicked off its annual exercise in democracy, socialist-style: the Chinese People’s Political Consultative Congress, which advises leaders on how to run the nation.
Association: Walley's will stay open Wednesday, March 3, 2010 @ 3:15AMDespite conflict between the Walley's Property Owners Association and Celebrity Resorts, David Walley's Hot Springs Resort & Spa south of Genoa will stay open, according to Gary Grottke, treasurer of the association and president of Quintus Resorts. "We have a plan for reduced level of service - the resort is going to stay open, but we're going to have to cut back in areas," Grottke said. In ...
(AFX UK Focus) 2010-03-03 10:53 STOCKS NEWS UK-RPS down on weak outlook Wednesday, March 3, 2010 @ 3:12AMSTOCKS NEWS Reuters Results diary Europe Real-time Equity News UK Stocks on the move UK smallcaps UK smallcaps news
(AFX UK Focus) 2010-03-03 10:48 UPDATE 2-Student landlord Unite axes div, shrs fall Wednesday, March 3, 2010 @ 3:12AMBy Sinead Cruise
Don't bet on a recovery Wednesday, March 3, 2010 @ 3:11AMIt is astounding how many economists, government officials, and Wall Street strategists construe the current economic conditions as evidence of a bona fide recovery.
Eastover resort sold Wednesday, March 3, 2010 @ 3:10AMLENOX -- Five months after it closed, the Eastover Resort and Conference Center has been sold to a group from outside the area that intends to maintain some form of a lodging establishment on the property, according to the company’s attorney.
Blackstone Group 4th-quarter loss narrows Thursday, February 25, 2010 @ 10:21AM(AP:NEW YORK) Hedge fund and private equity firm Blackstone Group LP on Thursday posted a narrower fourth-quarter loss as investment returns improved.
Small law firms more nimble in slow times Thursday, February 25, 2010 @ 10:21AMTailoring legal services to individual needs easier for `boutiques'
Fiddler's Creek developers file for Chapter 11 bankruptcy Thursday, February 25, 2010 @ 10:20AMDevelopers of Fiddler's Creek, a nearly 4,000-acre real estate development in Naples, has filed for Chapter 11 bankruptcy, according to court...
Rates In Northeast for 30-Year, Fixed-Rate Loan at 5.12 Percent Thursday, February 25, 2010 @ 10:19AMHome loan rates for 30-year, fixed-rate mortgages rose above 5 percent for the first time in three weeks in the face of mixed news on housing this week.
Former attorney for Detroit Public Schools stands by real estate decisions Thursday, February 25, 2010 @ 10:18AMDetroit Public Schools board member Anthony Adams stands by the decisions he made regarding real estate deals during his time as an attorney for the district.
Downhill charge Thursday, February 25, 2010 @ 10:18AMWhile some real estate experts herald a dawning comeback in the housing-sales market, the jigsaw of hotly competing brokerage firms in the beach cities will soon be rearranged.
New high-rise planned for Bellevue's medical district Thursday, February 25, 2010 @ 10:16AMA new high-rise is in the works for Bellevue's emerging medical district.