The credit crunch and a wave of foreclosures swept the Capital Region housing market like a wildfire, turning the landscape into a scorched ruin with many familiar features gone, including some well-known names in home building and residential development.
A serendipitous land purchase in Auburn is breathing life into a town property hard-hit by the economy.
As the economy continues to struggle, finance and banking lawyers across the country are seeing an increase in commercial loan workouts, which range from simple loan modifications to complicated bankruptcies.
As Otto Construction’s Mike Feuz flips through the list of his company’s current projects, a pattern begins to emerge.
This month, Mayor Kevin Johnson’s Sacramento First Task Force will make recommendations as to how the city could get the most value from a proposed sports and entertainment complex.
The economy and state budget woes have slashed millions of dollars from public transit, forcing hundreds of layoffs, service cuts and fare increases that have pushed the price of a bus ride in Sacramento to among the highest in the nation.
The housing industry is still making its way into national headlines this year — this time, it’s the Federal Housing Administration’s lending program.
In more than 40 years as an architect, Don Comstock has seen the profession weather some rough periods.
I’m not one to study a problem to death. I’m usually in favor of action rather than talk, pragmatic solutions rather than unending analysis.
For decades, the contours of the Capital Region economy seemed etched in stone. Government, manufacturing and construction employed the bulk of the population. After the boom and bust of the past decade, however, the job profile of the future could be almost unrecognizable.