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March 16, 2015

The surge of high-end apartments may signal lower rents

Washington’s apartment market has been on a tear. You don’t need to walk more than a few blocks around developments including CityCenterDC to see why.

But that may be changing. The Washington Post reports the region’s apartment market has slowed. Some neighborhoods have so many new units coming online that developers have cut rent expectations or put construction on hold.

With thousands of new apartments finishing in hot neighborhoods such as NoMa, near Nationals Park and in Tysons, it would seem…

By SEO Admin
March 16, 2015

Another project slated for Cumberland River's east bank downtown

The days of the Cumberland River’s east bank in downtown Nashville laying dormant from a development perspective could be coming to an end.

We already know Texas-based Topgolf plans to develop an entertainment center on 22 acres at Cowan and Spring Streets. Nearby, Chicago-based investor Don Allen recently revealed plans for 60 acres of land he’s bought up over the past 15 years, proposing almost 2,000 apartments and town homes and nearly 2 million square feet of office space.

Now, The Tennessean…

By SEO Admin
March 16, 2015

Award-winning construction firm to close after almost 40 years

Family-owned J.T. Turner Construction – one of the Savannah area’s best-known names in high-end homebuilding, historic renovation and commitment to the community – is closing after nearly four decades, reports Savannah Morning News.

“Unfortunately, J.T. Turner Construction Co., Inc. is another victim of the recent recession,” company president Jim Turner said in a written statement.

Turner added, “J.T. Turner Construction Co., Inc. has attempted to honor all of its obligations but is unable to…

By SEO Admin
March 16, 2015

Top of the List: Family-owned businesses

What are the largest family-owned businesses in Nashville?

We ranked Nashville’s family-owned businesses by 2014 revenue. To view the top five and see which one tops the list, check out the gallery with this story.

For the rest of Nashville’s top family-owned businesses, take a look at this week’s print edition of the Nashville Business Journal. The full list is available in print or here on our website for subscribers, and includes information about majority owner, number of generations, description…

By SEO Admin
March 16, 2015

Rex Energy adds wells, reduces rig count

State College-based Rex Energy Corp. has brought six wells into service, but has released a drill rig, the company announced Monday.

The company (NASDAQ:REXX) said the wells are on two pads, the four-well Powell pad and the two-well Hamilton pad, both of which are in Butler County.

“We are very pleased with the performance to date of our two most recent pads in the Butler Operated Area,” said Rex CEO Tom Stabley in a statement. “The results of the Powell and Hamilton pads support our belief that…

By SEO Admin