Highlights
A collection of news and information related to Property published by Tribune Company sources.
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General Growth gets loan break
Associated PressShopping mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer-term extensions with lenders. The...Tags: Foot Locker Incorporated, General Growth Properties Incorporated, Home Depot Incorporated, Bankruptcy, J.P. Morgan Chase & Co.
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General Growth Properties gets loan reprieve
AP Real Estate WriterShopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the Chicago-based company works to stave off bankruptcy and negotiate longer-term extensions with...Tags: Foot Locker Incorporated, National Government, J.P. Morgan Chase & Co., Deutsche Bank AG, Loans
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Olivia Newton-John pulls Malibu house off the market
After her Malibu house sat for sale for almost a year -- 354 days, but who's counting? -- Olivia Newton-John withdrew it from the market last week. The home, most recently listed at $11,495,000, had started out at $14 million. The listing was about to...Tags: Celebrity, John Travolta, Olivia Newton-John, Britney Spears, Charles Bronson
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Michelle Obama's family tree has roots in a Carolina slave plantation
Tribune ReportersGEORGETOWN, S.C.—Tiny wooden cabins line the dirt road once known as Slave Street as it winds its way through Friendfield Plantation. More than 200 slaves lived in the whitewashed shacks in the early 1800s, and some of their descendants remained...Tags: History, Michelle Obama, University of South Florida, Wars and Interventions, Anglican
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Theft of children's identities often goes unnoticed for years
South Florida Sun-SentinelRandy Waldron Jr. deposited his first paycheck when he was an infant. By the time he was in elementary school, he had bought and sold property, cars and restaurants and racked up tax liens because of financial problems. He had a felony record at age 7....Tags: Internal Revenue Service, Interior Policy, Consumers, Theft, Federal Bureau of Investigation
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General Growth gets 2-week reprieve on loans
Tribune staff reporterGeneral Growth Properties Inc. said late Sunday that its lenders have granted the heavily leveraged Chicago mall operator a two-week "interim extension" on $900 million of debt, allowing General Growth a bit of breathing room as it struggles to avoid...Tags: Water Tower Place, General Growth Properties Incorporated, Bankruptcy, Chicago Real Estate
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Bowyer-Singleton creates fuller pictures from aerial views
Sentinel Staff WriterFor developers, land buyers, property investors, brokers and other industry professionals, the aerial views that free services such as Google Earth now provide are changing the way they do business. Seeing property and nearby homes, buildings, trees,...Tags: Cocoa Beach, Engineering, National Government, Real Estate Sellers, Office and Retail Spaces
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There's an alternative to sitting at home watching TV
247-4537When a substitute teacher at Phoebus High School denied her request to use the restroom, Sharqita Hicks walked out of class, anyway. The 10th-grader's response landed her at First Baptist Church, in a new program for students who commit "Category 1" and...Tags: Baptist, Christianity, John Bailey
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Buying, selling and assisting
Buying, selling and assisting Some local governments have specific plans for using federal aid to buy bank-owned properties, then rehab and sell or rent them: Plantation anticipates buying 12 properties, selling nine of them and possibly renting the...Tags: Sales, Real Estate Buyers, Rentals, Homes, Condos and Houses
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South Florida cities and counties get federal grants to take over foreclosed homes
South Florida Sun-SentinelLocal governments across South Florida are gearing up to flip properties, become landlords or dole out grants — all to combat the foreclosure crisis. Cities such as Plantation, Margate and West Palm Beach each anticipate buying a dozen or more...Tags: Real Estate Buyers, Rentals, Condos and Houses, Pompano Beach, Boynton Beach
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Michelle Obama's Family Traceable To South Carolina Slave
Chicago Tribune— A historical line can be drawn from the tiny wooden cabins on what was once known as Slave Street to the present-day Michelle Obama. The line, which begins in Friendfield Plantation, charts an American family's journey through slavery,...Tags: Population, Michelle Obama, Colleges and Universities, World War I, Wars and Interventions
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HCC's purchase of historic Belmont leaves questions
After years of controversy, Howard Community College owns the 18th-century Belmont Conference Center in Elkridge, but the transfer from the college's foundation does not resolve the thorny issue among residential neighbors of how the property should be...Tags: Colleges and Universities, Academic Progress, Charity, Patapsco
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