Columbia Real Estate Update 8-15-2011
TODAY'S HEADLINES / AUG. 15, 2011
Haley signs point-of-sale assessment law
Gov. Nikki Haley and other state lawmakers held a signing ceremony for a bill they said fixes the consequences of a state law that reset the taxable value of a property after it’s sold. The fight over reforming the 2006 tax reform law lasted several years before a compromise plan was worked out in June that allows a 25% exemption of the market value of property being purchased.
Arnold to redo Lake Murray marina, build apartments
Columbia developer Ben Arnold says there is “pent-up demand” for luxury units with upgraded finishes. The complex will include a new marina, commercial area and restaurant.
Deadline to apply for SBA drought loans set
The U.S. Small Business Administration is reminding businesses that Sept. 14 is the filing deadline for federal economic injury disaster loans available in South Carolina because of drought, extreme heat and weather related insect infestations that began on May 1, 2010.
AGY posts widening losses on rising sales in Q2
The Aiken-based maker of fiberglass products said the loss for the quarter ended June 30 was $6.2 million, compared with a loss of $5.9 million a year earlier. Sales in the second quarter rose 1.4% to $50 million from $49.3 a year earlier.
Dunbar Builders new Southern Living custom builder
The Columbia-based homebuilder is one of 100 builders chosen for the eighteenth year of the magazine’s builder program.
Job of the Week
The Beach Co. is seeking leasing consultant for CanalSide Lofts in Columbia, S.C. The leasing consultant will assist the site manager and the assistant manager with duties including efficiency, turnover rate, occupancy and budgetary performance. The ideal candidate should have one year practical leasing experience or training in sales or marketing.
Learn more or apply here.
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