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David Jones Seen Luring LBO on Lowest Value Since ’04: Real M&A

Enlarge image David Jones Seen Luring LBO on Lowest Value Since ‘04 Sergio Dionisio/Bloomberg Revenue at David Jones, which sells everything from ties and fragrances to suitcases and cameras, peaked at A$2.1 billion in the year ending July 2008, according to data compiled by Bloomberg. It will fall about 10 percent from that high to [...]

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Plunging (Carefully) Into Real Estate

By RUTH MANTELL Small firms are getting creative about space. As the economy recovers, it can be tempting for small businesses to invest in property. Still, real estate is a huge expense—and its outlook remains uncertain. So many experts advise small businesses to conserve their capital and lease rather than buy. But those small-business owners [...]

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Business Beat: Leesville real estate agent makes national ’30 Under 30′ list

<!–Saxotech Paragraph Count: 15–> Leesville-based Candice Skinner has been recognized by Realtor magazine as one of the rising stars in the industry nationally. Skinner made the magazine’s “30 Under 30″ list, announced last week. Each spring, the magazine selects 30 young Realtors “who are successful in the real estate business and have demonstrated skill, success, [...]

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Real estate vet’s surprise

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Real Estate Q & A: Owners of 1880s house may not have recourse over vibrations

QUESTION: My husband and I purchased our first home in 2011. The home is a four-story townhouse in Washington, D.C. Built in the 1880s, it has had many owners and updates. After living in the home, we noticed the home shakes every time a truck drives down the street. The home is four stories tall [...]

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Joel R. Cannon, real estate broker

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Will Facebook IPO Boost Local Real Estate?

Tax revenue from Facebook’s $104 billion IPO may not fill California’s $16 billion budget deficit, but it will likely give a boost to Silicon Valley’s already inflated real estate prices. The median home value in Menlo Park, Calif., the home of Facebook’s headquarters, is $1 million, up 4.5 percent year-over-year according to the Zillow Home [...]

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