Archive for Birmingham Business Journal

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Standard & Poor’s downgrades Regions

Birmingham Business Journal

“Specifically, we think the bank’s commercial real estate, commercial and consumer loan exposures could experience higher losses than we had anticipated,”

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12Mar2010 | Birmingham Business Journal | Continued
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Commercial real estate deals cut in half in 2009

Commercial real estate volumes and transactions were nearly cut in half in the Birmingham market last year, as investors were held back by constraints in

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12Mar2010 | Birmingham Business Journal | Continued
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Alabama construction data mixed for January

The Alabama Center for Real Estate said January construction data for the state was mixed, with continued declines in inventory, but “uninspiringly low”

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5Mar2010 | Birmingham Business Journal | Continued
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High-end homes linger on Birmingham market

A host of problems with the economy and consumers are leaving high inventory levels in the upper brackets of the real estate market.

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5Mar2010 | Birmingham Business Journal | Continued
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Friend III, McCrary and Tickle inducted into Top 40 Under 40 Hall of Fame

into the Birmingham Business Journal’s Top 40 Under 40 Hall of Fame includes a successful attorney, an energy executive and a real estate maven.

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26Feb2010 | Birmingham Business Journal | Continued
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EGS secures lease from roofing company, law firm

Birmingham’s EGS Commercial Real Estate said it recently completed 31000 square feet of new and renewed local leases. Authentic Restoration LLC leased 1550

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24Feb2010 | Birmingham Business Journal | Continued
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Zillow: Homeowner confidence shrinking

Birmingham Business Journal

He said given the positive news that’s been reported about the real estate market, he can see reasons for that optimism.

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18Feb2010 | Birmingham Business Journal | Continued
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Attorney: Loans still available for commercial real estate

Lending opportunities still exist for commercial real estate, despite challenges in the current economy, said a local real estate attorney.

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16Feb2010 | Birmingham Business Journal | Continued
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Report: Local home sales to pick up in February

If history follows the 10-year average, homes sales are likely to pick up in February, said a local real estate blog. Tom Brander, head of local real estate

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15Feb2010 | Birmingham Business Journal | Continued
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Residential vets team up to form new firm

Birmingham Business Journal

Henry Ray Jr., left, and Wilmer Poynor, who worked together 30 years ago, have joined forces again to profit from Over the Mountain real estate.

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12Feb2010 | Birmingham Business Journal | Continued