“Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman” plus 3 more |
- Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman
- PERSONAL FINANCE: Address weaknesses to move forward - News-Star
- Rebuilding Credit - Steps to Rebuilding Credit After ... - PRLog (free press release)
- Eileen Ambrose: Personal Finance - Baltimore Sun
| Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman Posted: 25 May 2010 09:54 AM PDT Home > The Real Deal > Archives > 2010 > May > 25 > Entry ACC buys Dillard's Highland Mall storeAustin Community College has purchased a 4-story Dillard's store at Highland Mall and 18 acres of land for offices and classroom space. ACC President Stephen Kinslow said the investment will help the community college "expand operations, student services and learning opportunities to meet high demand in the service area, and it has the potential to revitalize a local landmark." The store at 5901 Airport Blvd. has 194,000 square feet of space. Kinslow said the purchase would allow ACC to consolidate its business and administrative services, which are now spread out over several locations. The purchase is a rare piece of good news for the mall, which has been in decline for several years and whose owners filed for bankruptcy two weeks ago. Last year, Dillard's sued the mall's previous owners, saying they had let the mall decline and failed to make repairs to a roof leak that had caused damage inside the store. Matt Whelan of RedLeaf Properties helped ACC in the transaction. Permalink | Comments (21) | Post your comment Categories: Commercial Real Estate Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| PERSONAL FINANCE: Address weaknesses to move forward - News-Star Posted: 24 May 2010 11:10 PM PDT As a financial services professional, I meet many people who know they need to improve their financial position. Their desire may be to improve their spending habits or to start investing for the future. They may want to start a college savings plan for their children or purchase life insurance to protect their families. During these conversations, I often find that the desire to improve one's finances has been of concern for years. The other thing that I discover is more often than not, they have not taken any steps to achieve their goals. Some of the excuses: "I wish I had some money to invest"; "I don't know anything about investing"; and, "I know I need some life insurance, but I need to lose some weight first". Even though these may be valid reasons that might prevent one from taking action, there are some other underlying reasons that aren't usually stated. It's my belief that regret from past financial mistakes and fear of the unknown are two of the primary reasons people fail to act. Embarrassment is a very powerful emotion that makes us believe we aren't capable of achieving our goals. We're quick to discuss our successes, but hesitant to discuss the lessons learned from our mistakes. Most of us are glad to share what we know, but reluctant to reveal our weaknesses. This being said, we fail to realize two things. Everyone has made financial mistakes, and financial knowledge is limited. Most of the people you meet have made some type of financial mistake. They also have the same concerns. The belief that you are the only one who has made mistakes or doesn't know about managing money can be very intimidating. I often compare this intimidation to the way I feel when I go to the doctor. I don't want to admit that my poor eating habits have lead to my weight gain. I don't understand their medical jargon, and there is always the looming threat of bad news. Intimidation is intimidation whether we're discussing money or health, and we must overcome it to solve problems. To solve the financial intimidation issue, we must realize that others are in the same situation. Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Rebuilding Credit - Steps to Rebuilding Credit After ... - PRLog (free press release) Posted: 25 May 2010 12:03 PM PDT PR Log (Press Release) – May 25, 2010 – Rebuilding credit is the most challenging thing for a person who has been declared as insolvent by the court. Though rebuilding credit takes a very long time, you can start up new personal financial scheme or plans.
Many people have declared insolvency when they were not able to get financial help from anywhere and when the recession struck the economy. These people had huge liabilities which could not be paid due to the poor financial status. Every person has the right to declare insolvency if he is financially broken down with nil balance in his bank account. When a person is not being able to pay his creditors, the creditor will take you to the court and files a long lawsuit against the person. The legal attorney will fight the case on behalf of the defaulter. Once you have filed insolvency then you will not get financial help from anywhere in the future. All you can do is, start off fresh by rebuilding credit and personal finance. Here are few tips which can be useful for reconstructing your personal finance or rebuilding credit. 1. First of all, you should know how much liabilities you have. This is not a difficult task. 2. You have to start collecting your outstanding bills and calculate the total amount of liabilities you have. You can also include your insurance and other bills. 3. Now, you have to hire a bankruptcy lawyer and then seek advice from him regarding the case. The lawyer will analyse your case and then provides a good option or advice to explain insolvency. 4. When the lawyer solves the case, you will be declared as insolvent by the court. 5. When all your liabilities are consolidated, rebuilding credit will be easier. After you have been declared as insolvent, your financial credit report will be badly affected. There is no need to worry as you can start off reconstructing your finances. 6. You have to cut down your unnecessary expenditures and save money on the commodities. It is important to maintain a balance in your bank account and it will be noticed by the bank officials. You financial report is important for any kind of credit transactions. Therefore, it is important to start repairing your bad liabilities though it takes a long time. The time for repairing your credit report will many take up to a period of 7 to 10 years. If you are over $10,000 in unsecured debt it would be wise to contact a debt settlement company while conditions are so favorable. A legitimate debt settlement company will be able to eliminate 60% of your unsecured debt on average. There are now online services that will compare debt settlement companies for consumers and provide a top performing company in their area. To locate a top performing debt settlement company in your area check out the link below.Free Debt Advice
Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Eileen Ambrose: Personal Finance - Baltimore Sun Posted: 23 May 2010 01:29 AM PDT 8:03 PM EDT, May 10, 2010 Regulators trying to figure out what caused last week's stock market free-fallWithin two hours of the Dow Jones industrial average plunging nearly 1,000 points Thursday, the call volume jumped about 40 percent at Baltimore's T. Rowe Price Associates. Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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Comments
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By Caleb
May 25, 2010 11:32 AM | Link to this
Soon, Highland will be just like Northcross. Just a business center where people used to hang out. Sad
By Michael who used to be in Phoenix
May 25, 2010 11:44 AM | Link to this
This is exactly what I was trying to say in my comments on the Highland Mall article on Sunday. Adaptive re-use. Sometimes the "business center" concept is the very thing that will save a dying mall, and it brings in enough foot traffic so that some of the retail gets to stick around. Happens all over the country to great success.
By Tommy Ates
May 25, 2010 11:49 AM | Link to this
This is 18 acres (plus or minus) the big Dillard's store now OFF the table for planned redevelopment. The City Council and stakeholder groups must get active to change the Highland Mall flum to require the city zoning process to kick in with any zoning change approvals. Austin and the surrounding neighborhoods could be on a cusp of a very large missed opportunity, affecting both the future of Highland Mall and Airport Boulevard redevelopment.
By M1EK
May 25, 2010 11:51 AM | Link to this
As Capital Metro crows this is another instance of TOD, be aware that the Dillard's Store is 0.29 miles as the crow flies from the Highland Mall station. The traditional radius used for transit planning is 0.25 miles, as in "most people aren't willing to walk more than a quarter of a mile from a transit stop to their office on a daily basis if they have any other choice".
A TOD should be closer, not further away, than the normal 0.25 mile circle.
By Tony
May 25, 2010 12:05 PM | Link to this
I'd rather see it used as a center for learning than just another box with the same old stores, none of which are Austin-owned. We can use a lot less 'retail centers' in our society. At least it'll be used for the education and future of Austinites, not as a 'hang-out' for the riff-raff, those people who have brought little but aggression, theft, and bad publicity to the area.They add nothing positive to Austin or society in general.
By Tony
May 25, 2010 12:07 PM | Link to this
I'd rather see it used as a center for learning than just another box with the same old stores, none of which are Austin-owned. We can use a lot less 'retail centers' in our society. At least it'll be used for the education and future of Austinites, not as a 'hang-out' for the riff-raff, those people who have brought little but aggression, theft, and bad publicity to the area.They add nothing positive to Austin or society in general.
By Marcia
May 25, 2010 12:14 PM | Link to this
This is an incredible investment for Austin Community College. This is a very happy day!
By GeorgeW
May 25, 2010 12:38 PM | Link to this
I always like it when I see an idea that I agree with. This is excellent news for people who live in that part of town and beyond. Texans need more education, as is often evidenced in the comments section of this newspaper. Vote for Bill White.
By nunya
May 25, 2010 12:40 PM | Link to this
Ditto what Tetsuko said.
By George
May 25, 2010 12:48 PM | Link to this
"As Capital Metro crows this is another instance of TOD, be aware that the Dillard's Store is 0.29 miles as the crow flies from the Highland Mall station."
Pure nonsense, M1EK. The parcel is only around 2000 feet wide at its very widest point to begin with.
By Mike
May 25, 2010 12:50 PM | Link to this
Dear Statesman:
As you move more and more reporting to your "blogs" instead of the regular site, the anonymous comments are becoming a big problem. There are plenty of idiots around, but when you let them make straight up racist and hateful comments without a response you're likely to lose readers like me. I already have trouble with your site because of the ridiculous hovering ads on the main page; please clean out the trolls.
By M1EK
May 25, 2010 12:58 PM | Link to this
George, I used google earth's ruler feature; the station is quite a bit farther north than is the Dillard's store (the southern end of the mall). Try it yourself.
By heyzeus
May 25, 2010 1:06 PM | Link to this
Does the .04 miles difference between .25 and .29 miles really matter? College students can and do walk that far to get anywhere.
The better question is why would they take the train at all, as parking at Highland is ample and free, and not many people live within walking distance of any of the stops.
By Way to go ACC!
May 25, 2010 1:11 PM | Link to this
Before everyone gets done congratulating ACC for saving Highland Mall, you better think twice about it. ACC has embarked on a huge spending spree lately with land in Leander, Manor and now this! Expect your taxes to go up with this and the fact that every one of their purchases takes property off of the tax rolls. This latest deal will be a huge ding to TCAD that will have to be made up somewhere.
By Bonze50
May 25, 2010 1:19 PM | Link to this
Tommy it takes money to tear it down and rebuild new things. Banks are not going to loan money like that any more on speculation. ACC moving in is better than the a vacant run down building. Maybe more businesses and stores will move in now when there are 10,000 college students there each day.
By Flo Mastey
May 25, 2010 1:25 PM | Link to this
This is good news and anyone who says otherwise isn't familiar with the territory.
Whether or not this will save the mall, I don't know. But increased foot traffic from students can't hurt.
Additionally, I agree with Tony that this is a much better way to utilize this property than having national chain big box stores open up.
And to those of you squabbling over .04 miles, what is that 211 feet? When I was at UT, I walked clear across campus several times a day. Besides, this ACC will be much closer to the rail line than UT, so this is a good thing and not something to complain about.
Complainers please go home. Racist, please go somewhere else (I heard Mississippi has a few openings for Grandmaster Klansman (or whatever the freak you call it)).
By jgr
May 25, 2010 1:48 PM | Link to this
It'd be nice if this facility could be used for Texas State upper division and graduate programs, given its perfect location. The Round Rock and San Marcos campuses are long drive from the main areas of Austin, and UT just doesn't well serve older working adult students seeking BA/MA degrees.
By M1EK
May 25, 2010 2:11 PM | Link to this
heyzeus, it's not that .04 is a big deal; it's that .29 is a big deal. Nobody in their right mind without a bad rail line to sell would call a development a quarter-mile (.25) away from the train station a TOD; so obviously one a little bit further away shouldn't be called one either.
And it's not a matter of "can walk"; it's a matter of "will walk". If you're trying to get people who drive today to use a train, why on earth would you not want to make the train trip as attractive as possible? The length of the walk is a huge part of that.
By Robin
May 25, 2010 2:12 PM | Link to this
This will give the rail traffic and an opportunity to consider actually expanding time. Then when we at last have money, we can expand it's reach.
By Richard
May 25, 2010 2:30 PM | Link to this
From ghetto mall to ghetto school, what's the good news? I guess it'll make it easier for those ACC "college guys" to pick up naive high school girls at the mall.
By austindude
May 25, 2010 2:57 PM | Link to this
M1EK is a self appointed expert on transit. He's actually full of it and should be ignored.