Jacobs adds to Main St. propertiesFriday, August 29, 2008 @ 11:32AMDeveloper Chris Jacobs has added another Main Street building to his commercial real estate portfolio.
Westaff cuts second default deal with banksFriday, August 29, 2008 @ 5:00PMWestaff Inc. announced on Friday that U.S. Bank and Wells Fargo Bank have granted it a second forbearance agreement in connection with a default on the covenants of one of its loans. (WST)
Produce market groundbreaking set for next weekFriday, August 29, 2008 @ 9:12AMA groundbreaking ceremony is scheduled for next Wednesday for the Philadelphia Regional Produce Market, a $218.5 million project off Essington Avenue in the city.
Ratings: Am. Underwriters, Western General, North Pointe, Ameriprise, Fairfield, R.V.I. Guaranty, Mid Georgia, HermitageFriday, August 29, 2008 @ 6:50AMA.M. Best Co. has upgraded the financial strength rating (FSR) to 'A-' (Excellent) from 'B' (Fair) and the issuer credit rating (ICR) to "a-" from "bb+" of Arkansas' American Underwriters In