Condos at the expanding Four Seasons are about to hit the market

The hotly anticipated Four Seasons condominiums are being readied for sale by a new real estate firm formed by the sales director of the Ritz-Carlton Residences on Key Highway.

Harbor East Management Group has selected the new firm, Prime Building Advantage, to take over sales and marketing of the condominiums that are under construction atop the hotel tower. The move is notable because no new waterfront condominiums have hit the market since the Ritz-Carlton Residences went up for sale in 2008…

ConocoPhillips reportedly plans to sell U.S. assets

ConocoPhillips (NYSE: COP) is getting ready to sell more assets, this time in the U.S., according to an exclusive Reuters report.

Sources told Reuters the Houston-based oil and gas giant hired Wells Fargo & Co. (NYSE: WFC) to sell some of its noncore oil and gas producing acreage in several areas in the U.S., including Texas.

Although the sources did not specify the value of the assets, Reuters reports that industry sources estimate ConocoPhillips would sell between $1 billion and $2.5 billion…

Hawaii can support a 100 percent renewable energy goal, new report says

Hawaii can support a goal of generating all of its electrical power and transportation fuels from renewable energy, a new report says.

Transportation in particular needs to develop comprehensive policies and procedures to reduce the use of fossil fuels, according to the state Environmental Council Annual Report for 2014.

Potential policy changes are easy to find by looking at states that are working toward meeting federal Clean Air Act mandates. They include congestion-management tools, public-private…

Analyst raises the ceiling on Matador Resources to $30 as stock soars

Matador Resources’ stock has soared 30 percent in the past month and now has a new target of $30 a share.

Northland Securities raised the target price for the company Monday.

Dallas-based Matador (NYSE: MTDR) made waves last week, announcing plans to offer $350 million in senior unsecured notes, if market conditions allow.

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The move is in defiance of what the rest of the industry is doing right now as crude oil prices remain in the…

New owners working to rebrand 10-story downtown office building

An Atlanta-based private real estate investment company has bought a 10-story office building in downtown Greensboro and is working with a Triad brokerage firm to rebrand and lease some of the space.

The Simpson Organization purchased the former U.S. Trust Building, at 301 N. Elm St., last month from 301 North Elm Street LLC for $9.8 million. It was the largest Triad commercial real estate transaction of March and the fifth-largest deal of the first quarter.

About 32,000 square feet of Class-A…