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Jacksonville Business Journal
  • State returns more than $173M in unclaimed property
    Florida returned more $173 million in unclaimed property for the 2008-2009 fiscal year –¬ the largest amount in state history, according to the state’s chief financial officer.


  • Challenger: June job cuts lowest in 15 months
    June job cuts were the lowest in 15 months and consultant Challenger, Gray & Christmas Inc. pointed to the numbers as a sign that the worst of the global recession is over.


  • Unemployment hits 26-year high
    Employers cut more jobs in the U.S. in June causing unemployment to rise to 9.5 percent from 9.4 percent in May, the highest since August 1983.


  • Landstar acquires two supply chain companies
    Landstar System Inc. has acquired two supply chain companies based in Michigan. Landstar said it will incur about $2 million in costs related to the acquisitions.


  • SBA offers floor plan financing
    As of July 1, car, RV and other dealerships can apply for SBA-guaranteed floor plan financing – loans created to make it easier for them to borrow against their inventory and increase cash flow.

Real Estate News Feed

Residential Real Estate Industry News Headlines | Bizjournals.com
Residential Real Estate: headlines from the week of June 29, 2009
Residential Real Estate Industry News
  • Ohio mortgage rates creep up for week, Ky. drops
    Mortgage rates in Ohio inched up over the week, while Kentucky’s fell slightly, according to Zillow.com.
  • June Oahu home prices down 9%, sales up
    Single-family home prices on Oahu fell 9 percent last month compared to last year, while condominium prices dropped 5 percent.
  • Urban housing firms grab $150M in grants
    Bay Area developers have raked in more than $150 million in state grant money to jump start housing projects, a list of big winners that included the John Stewart Co., the Emerald Fund, Tenderloin Neighborhood Development Corp., and a development group that includes former San Francisco 49ers quarterback Joe Montana.
  • Region will receive $6.4M in low-income housing tax credits
    The New York State Division of Housing and Community Renewal said more than $6.4 million in federal low income housing tax credits and subsidies will be used to construct and rehabilitate 381 units of affordable housing in counties throughout the Capital Region. The funding is part of $48 million in awards that will create more than 2,100 affordable housing units and 2,000 new construction jobs statewide. Approximately 350 jobs are expected to be created in the Capital Region.
  • Peco headquarters’ new LED message display is ready for its premiere
    Peco Energy Co. will officially unveil the new light-emitting diode message display atop its Center City Philadelphia headquarters Saturday. (EXC)