This week former U.S. Secretary of State General Colin L. Powell (Ret.) told a ballroom-sized crowd assembled for the annual Turnaround Management Association’s (TMA) conference in a post- Katrina New Orleans his axiom, “If you have 40 to 70 percent of the information, you probably have what you need. Take a chance, do something. Go [...]

The husband-and-wife real estate team of Norm and Janice Holloway sells more Venice condominiums than just about anybody.
But when the couple settled into their own waterfront abode at Pointe Whitecap in Venice nearly six years ago, Norm promised Janice that he would never sell it out from under her.
“I told her, ‘You can live here [...]

Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises.
Adding to the tension for commercial investors: Construction and insurance costs have soared.
At least one big plan — a $400 million proposal by Donald Trump to construct the city‘s tallest building — is going [...]

Windjammer Condominium owners are free to sell their shares of one of the choicest parcels of waterfront property on the Biloxi strip, between the Beau Rivage and Hard Rock casinos.
Harrison County Chancery Judge Jim Persons ruled May 15 the property owners’ association is authorized to sell the 1.5-acre site to California developer Wilton-Henson Associates LLC, [...]

If you live in an apartment or condo, you should buy renter’s or condo insurance. The building may not be yours to lose, but you have valuables inside.
Get shutters or panels for your sliding glass doors and windows. If you rent, check whether your landlord provides them and who will put them up before [...]

Support for a seniors condominium community at Errol Estate Country Club is wobbling like a golf ball over a bumpy green.
One city advisory board recommended approval of the condos, siding with some Errol residents who think the housing development is necessary to the financial stability of the community’s club and golf course. Another city board [...]

A state senator joined representatives and lawyers for three dozen condominium associations Thursday in accusing the state’s largest private market condo insurer of engaging in an organized plan to deny hurricane claims.
”This is institutionalized bad faith,” said Sen. Jeff Atwater, R-North Palm Beach of the insurer, Australia-based QBE Group and its representatives, Florida Intercoastal Underwriters, [...]

New Orleans — ARCS Commercial Mortgage Co., based in Calabasas Hills, Calif., is providing permanent financing for the conversion of a vacant building into 1201 Canal Apartments and Condominiums. Once complete, the property will feature 122 rental units and four condos. Located in the Krauss Building near the French Quarter of the city, the community [...]

John Tlapek bought a three-bedroom, three bath condo in the new Maryland Walk development in Clayton at 8025 Maryland Ave. for $1,226,483 from Clayton-based Conrad Properties on Jan. 10.
Unit #7K covers 2,819 square feet.
St. Louis-based real estate company Elizabeth Robb and Associates completed the sale.
Mr. Tlapek is a private equities investor and holds an executive [...]

American International Group Inc. reports fourth-quarter earnings after the market closes Thursday. Following is a summary of key developments and analyst commentary related to the period.
OVERVIEW: With a market value of $170.7 billion, AIG is too big to attach much importance to any one factor in the fourth quarter. The world’s biggest insurer, AIG is [...]

LAUREL – A New Holiday Inn Express Hotel & Suites is scheduled to open Dec. 1 in Laurel, city officials said today.
A groundbreaking ceremony will be held at 10 a.m. Wednesday at the construction site at 2008 Jefferson St.
The three-story, 50,000 square foot hotel will have 81 guest rooms, including 20 deluxe luxury suites and [...]

Aspen Insurance Holdings Limited announced that two of its shareholders, The Blackstone Group and DLJ Merchant Banking Partners, have agreed to sell 5,707,623 ordinary shares of Aspen and 2,219,665 ordinary shares of Aspen, respectively, in an underwritten public offering at a price to the public of $26.70 per share. Following the completion of the [...]