 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
 Lynn Porter Real Estate Editor |
Subscriber content preview
May 7, 2009
Real Estate Buzz: One project, 10 lenders. You do the math
By LYNN PORTER
Real Estate Editor
Real Estate Editor
Opus South Corp., a design-build development firm that focuses primarily on Alabama and Florida, and some of its subsidiaries recently filed for Chapter 11 bankruptcy protection, prompted by continued deterioration in commercial and residential real estate in the Southeast.
Opus is leaving the Southeast market, but may return when it's more conducive to commercial real estate, said Winston Hewett, corporate communications director.
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Real Estate Buzz: Help wanted at the Broderick Group, 04-23-2009
- Real Estate Buzz: Local fund turns distressed homes green, 04-09-2009
- Real Estate Buzz: New Fannie rule hits local condo projects, 03-26-2009
- Real Estate Buzz: Taking the Hyundai approach to apartments, 03-12-2009
- Real Estate Buzz: Hard work pays off for The Bravern retail, 02-26-2009
- Real Estate Buzz: Properties ‘really starting to feel the pinch', 02-12-2009
- Real Estate Buzz: Justen sees good market for high-end units, 01-29-2009
- Real Estate Buzz: Full speed ahead for Escala condos, 01-15-2009