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Louis Brown’s Street Smart Systems » 2007 » September
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post Turner sues Trammell over HarborView

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

The cash-depleted owners of a failed Charlestown condominium project misled Turner Construction Co. into finishing the 224-unit project despite the fact that there wasn't enough money to pay the property's contractor, a lawsuit filed last month alleges.

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post Mortgage meltdown impact minimal on Hawaii borrowing

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

We were interested in gauging the impact of the Mainland mortgage meltdown on credit and finance in Hawaii and discovered that a lot of businesses are feeling a squeeze.

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post Boysville seeks funds for building repairs

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

Boysville Inc. is looking to raise at least $360,000 to pay for renovations to a total of six on-site buildings.

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post Starter homes get the green treatment

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

Homebuilder T.W. Bailey sees a future where people won't be talking about "green" homebuilding practices.

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post NCRR backs off acquiring properties in eastern Wake

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

RALEIGH - The North Carolina Railroad Co., in the face of strong community opposition, has stopped assembling land in eastern Wake County that could have been used for a transportation hub.

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post Infill developer sued for nonpayment

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

The developer that's been sued the most by contractors over unpaid bills in Sacramento County over the past year isn't a giant company with hundreds of home sites or the backer of a high-profile washout such as The Towers on Capitol Mall.

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post An uncertain market

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

Housing starts in Dallas-Fort Worth are down about 25%, compared with 37% nationwide. North Texas is weathering the housing storm better than the rest of the country, but area developers and builders are still feeling the pain — especially those that build lower-priced homes.

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post MGIC impacted by mortgage meltdown

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

MGIC Investment Corp. expects losses from mortgage insurance claims this year to continue to increase and exceed last year's in the wake of the deteriorating U.S. housing market.

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post Dunmore Homes closes sales office

September 28th, 2007

Filed under: News — Louis Brown @ 1:57 am

After halting construction in August, Dunmore Homes closed the sales office last week at its Monterey Village development in Elk Grove, posting signs saying the move was temporary but leaving no indication when it will reopen.

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post Taxman to add apartments to Water Street building

September 28th, 2007

Filed under: News — Louis Brown @ 1:56 am

Taxman Investment Co. is planning to move ahead with a proposal to build 35 loft apartments in the Button Block Building on North Water Street in downtown Milwaukee.

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