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Latest South Central U.S. Real Estate News

  • Foreclosure Activity Up 14 Percent in Second Quarter According to RealtyTrac(R) U.S. Foreclosure Market Report 25 Jul 2008 16:45 GMT
    ... U.S. 161,162 157,094 139,955 59,112 222,391 43 Alabama 3 0 680 0 1,146 32 Alaska ... Kansas 0 273 5 735 948 42 Kentucky 0 415 8 814 597 40 Louisiana ... Minnesota 80 0 2,777 0 2,816 46 Mississippi 0 0 366 0 313 18 Missouri ...

  • Lone Star raised $10 billion funds: sources 25 Jul 2008 14:20 GMT
    ... NEW YORK/TOKYO (Reuters) - U.S. private equity firm Lone ... purposes, and the remaining quarter is for real estate investment, the sources said. This is the ... in real estate only," the source said. Texas-based Lone Star's last fund, Fund V, raised ...

  • Whole Foods nixes plans to open store here 25 Jul 2008 09:51 GMT
    ... Whole Foods had settled on the Empire Ford site ... here within the next five years. Austin, Texas-based Whole Foods, a natural and organic foods ... more stores, its Web site says. Spokane real estate executive Dave Black says he has been ...

  • Creekstone strives to be among most energy-efficient neighborhoods 25 Jul 2008 08:07 GMT
    ... FRANKLIN — Akamai Construction, the developer and sole builder of ... Challenge Program. The only other home in Tennessee so far to receive that designation is ... Choate developed neighborhoods in Hawaii, California and Texas. Choate, a past president of the Building ...

  • Panel looks to future of horse racing 25 Jul 2008 06:56 GMT
    ... Panel looks to future of horse racing The Governor'sTask ... force. Robert M. Beck, chair of the Kentucky Horse Racing Commission and an attorney in ... CEO of Keeneland Association Brian Lavin, a real estate developer in Louisville Steven P. Sexton, president ...

  • Home builders shares plunge on home sales data 25 Jul 2008 06:32 GMT
    ... LOS ANGELES - Shares of several major U.S. home ... U.S. home builders plunged Thursday after a real estate trade group reported sales of existing homes ... about 15 percent, to $16.70. Fort Worth, Texas-based D.R. Horton Inc.'s shares dropped $1.73, or ...

  • Caddies for Congress? Our treat 25 Jul 2008 06:30 GMT
    ... Members of Congress get from $1.3 million to $1.63 ... using their own cars. Rep. Ron Paul, R-Texas, was reimbursed $5,998 for vehicle expenses from ... map — and the relative cost of real estate back home. Based on those factors, members ...

  • Six Flags takes investors on a thrill ride 25 Jul 2008 06:30 GMT
    ... For less than a buck, a consumer can either ... either refill their souvenir Six Flags Over Texas cup with soda or buy a share ... clientele and capitalizing on sponsorship, licensing and real estate opportunities," a Standard & Poor’s report from ...

  • UPDATE 1-Lone Star raised two funds of about $10 bln--source 25 Jul 2008 05:55 GMT
    ... UPDATE 1-Lone Star raised two funds of about $10 ... purposes, and the other quarter is for real estate investments, the source said. Texas-based Lone Star's last fund, Fund V, raised ...

  • Bluhm pushes casino license switch 25 Jul 2008 05:46 GMT
    ... Barden's partner warns of big cost increases if ... the casino. Mr. Bluhm, 70, a billionaire real estate investor, only entered the picture a month ... plenty of other projects, including casinos in Mississippi and Niagara Falls, to carry out if ...

  • National Report: Home Sales Dropping 25 Jul 2008 05:14 GMT
    ... and 15.5% from this time last year. Alabama is no stranger to falling numbers. The ... to falling numbers. The Alabama Center for Real Estate reports a whopping 21.94% loss in sales, ... at all. "It's only been on the market for a couple of months, so we'll ...

  • Bryn Mawr Bank Corporation Q2 2008 Earnings Call Transcript 25 Jul 2008 05:12 GMT
    ... Good afternoon. My name is Tina; I would be ... representing 14%, New York State 8%, and Texas, New Jersey, Pennsylvania, and Florida each representing ... that has not been subject to wide real estate price swings. The residential mortgage balances were ...

  • The E.W. Scripps Co. Q2 2008 Earnings Call Transcript 25 Jul 2008 05:10 GMT
    ... Timothy E. Stautberg - Sr. VP and CFO Kenneth W. ... expansion for our operations headquarters in Knoxville, Tennessee. We will be breaking ground on that ... quarter was down 16.3%, wallet down 39%, real estate down 29 %, and the total classified ...

  • Builders slowing future office projects on Dallas North Tollway 25 Jul 2008 05:09 GMT
    ... 10:00 PM CDT on Thursday, July 24, 2008 By ... Greg Biggs of Cushman & Wakefield of Texas. "And there are not a lot of ... building," said Geoff Meyer, director of Opus' real estate development. As for other office projects starting ...

  • East West Bancorp Announces Preliminary Second Quarter 2008 Financial Results with Total Revenues of $105.6 Million, EPS Guidance of $1.35 to $1.40 for 2009 and $0.19 to $0.23 for Rest of 2008 and Tot 25 Jul 2008 05:08 GMT
    ... ), parent company of East West Bank, one of ... of default and continued deterioration in the real estate market. Ng concluded, "We strongly believe that ... California and a branch location in Houston, Texas. East West Bank has three international locations ...


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