Archive for NOLA.com

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Home Bancorp shares climb 11 percent on news of takeover

was shut down by the Louisiana Office of Financial Institutions Friday night, in part because of significant losses in loans to real estate developers.

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15Mar2010 | NOLA.com | Continued
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Statewide Bank becomes Louisiana’s first bank failure in nine years

“Basically, the bank experienced significant losses in loans to real estate developers as well as in its commercial real estate loans,” said FDIC spokesman

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12Mar2010 | NOLA.com | Continued
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Kenner 2nd District incumbent, challenger swap compliments

NOLA.com

The campaign pits incumbent Joe Stagni, a chiropractor, against Bill Schwertz, the real estate investor who he clobbered four years ago with 80 percent of

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10Mar2010 | NOLA.com | Continued
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New Orleans Biosciences District starting master plan study

McNamara came to his post after years of concentrating on commercial real estate deals, including consulting with downtown property owners trying to fight

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8Mar2010 | NOLA.com | Continued
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Louisiana real estate sales will get boost from first-time homebuyers credit

NOLA.com

By Kimberly Quillen, The Times-Picayune Real estate sales in Louisiana are expected to get a boost this year from the federal first-time homebuyers credit

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7Mar2010 | NOLA.com | Continued
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• Bank starts foreclosure proceedings against Phil Capitano

I made a business decision to use limited funds to finish a real estate project to get it to an act of sale. That project is debt free.

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3Mar2010 | NOLA.com | Continued
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Flood program temporarily reauthorized

Insurance and real estate trade groups are arguing for the flood program re-authorization to be made retroactive. The federal flood insurance program had

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3Mar2010 | NOLA.com | Continued
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Latter & Blum terminates President Arthur Sterbcow

NOLA.com

By Rebecca Mowbray, The Times-Picayune Latter & Blum, Inc., the New Orleans area’s largest real estate firm, has terminated President Arthur Sterbcow for

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2Mar2010 | NOLA.com | Continued
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National Flood Insurance Program expires, slowing down sales of properties

“As of today, we are not able to bind any or endorse new coverage, so potentially it could affect real estate closings,” said Robby Moss, president of the

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1Mar2010 | NOLA.com | Continued
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Assessor Chehardy gets good marks from state tax commission

NOLA.com

Applying the same measurement to a larger list that The Times-Picayune gathered, including 1123 real estate transactions filtered in a similar style as the

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28Feb2010 | NOLA.com | Continued