Welcome, Investors
Texas Investment Property is our specialty.
Hotels
RV Parks
Commercial Buildings
Multifamily/Apartment Buildings
Duplexes, Tri-plexes, Quads
Mortgage Daily News
- New Century Execs Settle Accounting Fraud Allegations July 30, 2010Settlements were announced between the Securities and Exchange Commission and former executives of New Century Financial Corp. None of the defendants admitted or denied allegations outlined in the SEC's complaint. The settlements are subject court approval in a global settlement tied to another case.
- MetLife Raises Quarterly Originations July 30, 2010Second-quarter residential originations at MetLife Home Loans increased around $300 million from the first quarter. Reverse mortgage production also improved. But overall business was down 55 percent compared to the second-quarter 2009.
- Serious Late Payments Deteriorate July 30, 2010Total mortgage delinquency of at least 90 days as of June 30 surged 82 basis points from May 31, LPS reported. The foreclosure rate shot up 47 BPS, according to the report. The delinquency rate, excluding foreclosures, was up 35 BPS.
Texas Real Estate News from Texas A & M
- BP asset sale is good news for Permian Basin oilmen July 29, 2010SAN ANGELO (San Angelo Standard Times) - The oil giant responsible for the Macondo oil spill in the Gulf of Mexico has sold its ass ...
- $89.5M Brennan High school to open in San Antonio July 29, 2010SAN ANTONIO (Texas Construction) - Construction on the $89.5 million, 454,000-sf Brennan High School for the Northside ISD is wrapping up by Bartlett C ...
- 376-Unit Preserve on Fredericksburg in San Antonio July 29, 2010SAN ANTONIO (Texas Construction) - The $29.5 million, 558,690-sf Preserve on Fredericksburg at 10422 Huebner Rd. will be completed in September. Phase I opened l ...
- Military construction continues in San Antonio July 29, 2010SAN ANTONIO (Texas Construction) - Military project construction continues in San Antonio.
Houston Business Journal News
- Houston investors buy six-building S. Austin office complex July 30, 2010Realty Ltd., an investment partnership led by Houston-based Braun Enterprises, has acquired a six-building office campus in South Austin, CB Richard Ellis announced Friday.
- Crown Castle to buy NewPath Networks for $115M July 30, 2010Crown Castle International Corp. has agreed to buy antenna maker NewPath Networks Inc. from private equity firm Charterhouse Group Inc. (CCI)
- HBJ readers doubt financial reform will be effective July 30, 2010Houston Business Journal readers don’t have much faith that the federal government will be effective at financial reform, according to the latest BusinessPulse Survey.
- BP creates $100M fund for rig workers, continues work on well July 30, 2010BP Plc’s plan to permanently plug the Macondo well this weekend hit a snag Friday when the company found some debris and sediment at the bottom of the relief well, Retired Coast Guard Admiral Thad Allen told reporters. (BP)
