By The Tim on March 3, 2010
Kirsten Grind over at the Puget Sound Business Journal posted a more detailed update yesterday on the 180° strategy turnaround at the upscale downtown condo complex Escala that we mentioned a month ago.
Escala cutting condo prices by 50 percent
Downtown Seattle condominium tower Escala will lower prices by as much as 50 percent on unsold units, [...]
Posted in Local, News | Tagged Business Journal, condos, downtown, Escala, Grind, Pryne, Seattle_Times
By The Tim on December 11, 2009
Apparently, this is what “an unprecedented level of openness in Government” looks like:
Via Kirsten Grind at the Puget Sound Business Journal.
The Puget Sound Business Journal for months has asked the Office of Thrift Supervision (OTS), the federal agency that regulated Washington Mutual, to release internal communications between WaMu’s regulators.
…
On Wednesday, an OTS official told the [...]
Posted in News | Tagged Business Journal, FDIC, FOIA, Grind, OFM, WaMu
By The Tim on December 7, 2009
On Friday the Puget Sound Business Journal posted another great piece by Kirsten Grind on all the shady dealings that went on behind the scenes in the WaMu shutdown ordeal. The piece, titled The Washington Mutual decision is currently available on their site only to subscribers, but over on Portfolio.com (one of their sister [...]
Posted in News | Tagged Business Journal, FDIC, FOIA, Grind, WaMu
By The Tim on August 15, 2009
Kristen Grind over at the Puget Sound Business Journal had another great article about the unfolding mess with local developer Mike Mastro: Rival banks battle over Mastro bankruptcy
A legal battle between rival creditor banks over developer Michael Mastro Sr.’s real estate holdings is breaking out in federal bankruptcy court — a dispute that affects creditors’ [...]
Posted in News | Tagged bankruptcy, banks, Business Journal, developers, Grind, Mastro
By The Tim on May 18, 2009
Over at the Puget Sound Business Journal, reporter Kirsten Grind posted an interesting story today on their recently-launched BizTalk blog: Crackdown on HomeStreet Bank comes as a surprise
Washington state regulators don’t seem to have much patience these days for our struggling community banks and are increasingly slapping them with cease-and-desist orders to force a turnaround [...]
Posted in News | Tagged banks, BizTalk, Business Journal, Grind, HomeStreet
By The Tim on March 2, 2009
Discredited NAR mouthpiece Lawrence Yun paid Seattle a visit on Friday to spout some more of his trademark wish-based forecasting. The Puget Sound Business Journal and the P-I both had brief write-ups of his presentation.
From Aubrey Cohen’s write-up in the P-I:
“We believe that the home prices have already fallen to what could be justifiable,” [...]
Posted in News | Tagged Business Journal, Cohen, Grind, NAR, Seattle_PI, Yun
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