Columbia Real Estate Update 7-28-2011
TODAY'S HEADLINES / JULY 28, 2011
Renewable energy offers path for S.C. growth
South Carolina will need power from an assortment of resources, including wind, solar and biofuel, to meet future needs, participants at a renewable energy forum in Columbia said.
NBSC parent Synovus trimmed loss in Q2
The parent company of NBSC bank of South Carolina reported today it lost $53.5 million for the second quarter, a 43% improvement from the first quarter of 2011 and a 78% improvement from the second quarter of 2010. NBSC is the sixth-largest bank in the state, with about a 5.3% market share of deposits as of June 30, 2010.
CapitalBank parent reports loss
Greenwood’s Community Capital Corp. and the Charlotte, N.C. bank that plans to buy it both reported losses for the second quarter. The two institutions had been profitable in the prior-year quarter.
Southern Crane repairs flagpole at S.C. Statehouse
A broken bearing atop South Carolina’s Statehouse flagpole caused the flags to spin wildly recently, tangling the national and state flags and preventing either flag from being raised or lowered.
Two sentenced in identity theft conspiracy
The Winnsboro men were sentenced to jail time for their roles in a conspiracy to commit fraud using unauthorized access devices. The pair obtained personal ID information by stealing it out of mailboxes, obtaining it from job applications and other methods.
Foreclosures down at midyear across most of S.C.
The Greenville MSA posted the largest decline in foreclosure filings at midyear compared with the first six months of 2010, according to a market report released this morning. That follows a national trend that found a decline in distressed properties in 178 of the 211 most populated areas of the U.S.
Job of the Week
Dale Carnegie Training is looking to hire a sales consultant in Charleston, Columbia and Greenville. The full-time position entails creating new business with companies and managing existing client relationships. A minimum of five years of sales or sales management experience is required. Learn more or apply here.
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