October 31st, 2009
As Luke Air Force Base fights to be named a training hub for the new F-35 Joint Strike Fighter, an unlikely player could have a significant impact on the long-term viability of the base and the Loop 303 corridor west of Phoenix.
Read more about “LDS church could play role in W. Valley development”
October 30th, 2009
Uncertain if it might become a jilted lover, Cal Expo decided Friday to extend its courtship with the National Basketball Association.
Read more about “Cal Expo board extends arena pact despite Johnson task force”
October 30th, 2009
U.S. Bank will take over Pacific National Bank once federal regulators take control of the struggling San Francisco institution Friday evening, a source close to Pacific National management has confirmed.
Read more about “U.S. Bank to take over Pacific National”
October 30th, 2009
Pacific National Bank is expected to go into receivership Friday at 5 p.m. and may be sold to U.S. Bank, sources with knowledge of the takeover said.
Read more about “U.S. Bank takeover of Pacific National expected”
October 30th, 2009
Galaxy Builders Ltd. earned construction awards for two apartment complexes the company completed earlier this year.
Read more about “Galaxy Builders wins honors on Texas apartments”
October 30th, 2009
The largest apartment investment transaction in recent Phoenix-area history closed Friday with a Michigan-based private equity paying $47.8 million for the San Melia community in Ahwatukee. The $98,000-per-unit price is one of the highest recorded since the recession began in late 2007.
Read more about “Ahwatukee apartments sold to investor for $98K per unit”
October 30th, 2009
Kentucky residents and businesses affected by tornado and severe storms that occurred Oct. 9 can apply for low-interest disaster loans from the U.S. Small Business Administration.
Read more about “Kentucky storm victims can get SBA loans”
October 30th, 2009
Homebuilder MDC Holdings Inc. attributed a smaller loss in the third quarter partly to selling smaller, more affordable homes that attract buyers taking advantage of the federal government’s first-time homebuyer tax credit. (MDC)
Read more about “MDC's improved Q3 attributed to tax credit”
October 30th, 2009
Developer Paul McKee Jr.’s <a href="http://stlouis.bizjournals.com/stlouis/stories/2009/10/26/focus2.html ">request</a> for the largest amount of tax increment financing in city history for his $8.1 billion Northside redevelopment plan was approved by the St. Louis Board of Aldermen in a vote of 19-2 Friday.
Read more about “St. Louis aldermen OK McKee’s $8.1B Northside plan”
October 30th, 2009
Austin area home values have begun to stabilize, according to the Fiserv Case-Shiller Home Price Index, a home price trends analysis released by Fiserv (Nasdaq: FISV), a financial services company.
Read more about “Austin home values show signs of stablizing”