Wednesday, August 12, 2009

Mercedes Homes Bankruptcy ESOP Update

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Hundreds of past and present Mercedes Homes employees would lose potentially millions of dollars in stock-based retirement benefits if a fe...

Barratt-American Homebuilder Bankruptcy

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One of San Diego's biggest homebuilders is shutting down. Barratt-American built the Nantucket development, in Leucadia, and thousand of...

J.S. Kempf & Associates filesfor Chapter 7 bankruptcy

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Matthews-based homebuilder J.S. Kempf & Associates filed for Chapter 7 bankruptcy this week, listing assets of less than $50,000 and mor...
Friday, June 5, 2009

Richmond Builder - Prospect Homes Files Bankruptcy

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Prospect Homes of Richmond Inc., one of the area's largest builders, has filed for bankruptcy protection. "This is a reflection of ...
Monday, June 1, 2009

J.O. Clark Building Group in Tennessee Files Bankruptcy

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Clark's company has built more than 1,000 homes in the mid-state. But the I-Team found dozens of liens from subcontractors who said they...

Colorado Builder - McStain Neighborhoods files McBankruptcy

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McStain Enterprises Inc., one of Colorado’s first “green” homebuilders, voluntarily filed Chapter 11 bankruptcy reorganization on Friday, ac...

Ginn Company Sued by Homebuyers - Employees Posing as Competing Buyers!?

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A group of buyers in communities built by The Ginn Co. — including grandiose Tesoro in Port St. Lucie — are claiming the developer and its a...
Wednesday, April 22, 2009

Homebuilder Bankruptcy - T.H. Properties Suspends Operations

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Developer and homebuilder T.H. Properties has temporarily suspended its operations and is exploring options to restructure its business oper...
Wednesday, April 1, 2009

Tousa (Newmark Homes), Bankrupt Homebuilder, Lays Off 60 Employees in Austin

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Homebuilder TOUSA Inc. is laying off 63 employees in Austin and 219 statewide as the bankrupt company stops building new homes and continue...

Thodes Companies Files Chapter 11 Bankruptcy in Las Vegas

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Developer James Rhodes on Tuesday night filed a petition for bankruptcy on behalf of many of his key businesses, including Rhodes Design and...

Comstock Homebuilding may seek bankruptcy protection

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Says may be forced to seek bankruptcy protection * Comstock Homebuilding Cos inc accounting firm expressed going concern opinion * Comstock ...
Thursday, January 29, 2009

Mercedes Homes Files Chapter 11 Bankruptcy

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Homebuilder Mercedes Homes Inc. said Monday it has filed Chapter 11 petitions in U.S. Bankruptcy Court in West Palm Beach, Fla. The Melbourn...
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Thursday, January 15, 2009

Even in Bankruptcy, Builder Tries to Browbeat Foes - Barrat Americans

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An exceptionally loud opponent of government regulation in the construction of housing in good times has found a new target to bark at in th...
Thursday, December 4, 2008

Kimball Hill Bankruptcy - What Happens to Kimball Hill Homeowners?

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What happens when a builder goes bankrupt? Several north Texas communities are learning the answer the hard way. Many are unfinished and are...
Wednesday, December 3, 2008

Kimball Hill Banruptcy - Homebuilder is Winding Down Operations

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Kimball Hill Homes, an institution in the Northwest suburbs for 55 years, will be going out of business, the company announced Tuesday. Chap...

Denver's Adare Homes Hohnstown Farms LLC Files Chapter 11

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Adare Homes Johnstown Farms LLC has filed for Chapter 11 bankruptcy protection, according to court documents. The Greenwood Village-based ho...
Wednesday, November 26, 2008

Bankrupt Homebuilder Neumann Homes to Sell Land

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Bankrupt Homebuilder Neumann Homes asked a judge to approve the $9 million sale of land north of Chicago to Cole Taylor Bank. The lender, a...
Tuesday, November 25, 2008

Florida Homebuilders Upset with Federal Bailout Plan

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Florida home builders are upset with the way lending institutions are handling the cash from the $700 billion federal bailout. Home builde...
Friday, November 21, 2008

Land Resource LLC Bankruptcy - Another Southeast Builder Files Bankruptcy

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Land Resource LLC, a southeastern U.S. developer, has filed for Chapter 11 bankruptcy earlier this week. Land Resource LLC showed liabilitie...
1 comment:
Monday, November 17, 2008

Boston Blobe Shows 6 Steps to Fixing Homebuilding Industry

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I love Boston, but does the Boston Globe really know how to fix the homebuilding industry ? The housing market is beginning to resemble one ...