Warren Buffett’s Berkshire Hathaway buys over $700 million in Arlington-based D.R. Horton stock
Billionaire Warren Buffett’s conglomerate Berkshire Hathaway Inc. bought more than $700 million worth of Arlington-based homebuilder D.R. Horton’s stock this spring and took smaller positions in other national builders, according to regulatory filings.
Seminole County affordable housing push will include ‘revolving line of credit’ to keep new homes coming
Seminole County is using money it received through the American Rescue Plan Act to build waves of affordable housing.
Raleigh approves 20, 40-story heights for new projects
More towers could soon be added to the Raleigh skyline as a pair of developers advance new projects.
Colorado has more than 332,000 homes susceptible to wildfire damage, report says
A wet year may have provided a mental reprieve, but Colorado continues to have more homes at risk from wildfires than any state besides California, according to the Wildfire Risk Report from CoreLogic.
And within Colorado, metro Denver and Colorado Springs, not communities high up in the mountains, are where the largest property losses are most likely to occur.
CoreLogic, which provides risk estimates to insurers, utilities and local governments, estimates that 332,716 homes in the state have a moderate, high or very high risk of damage from wildfires. Rebuilding those homes, if they were destroyed, would cost an estimated $140.9 billion.
The only state with a higher wildfire exposure to its housing stock is California, with nearly 1.28 million homes at risk and an estimated replacement value of $760.8 billion. Texas has the third-highest wildfire risk ranking with 233,434 homes at risk and a reconstruction cost of $85.5 billion.
Although rural mountain communities have long dealt ..
New chair of Maryland accounting association aims to combat industry misconceptions
MACPA's new chair of the board of directors said accounting firms cannot continue to rely on colleges and universities to provide CPAs for the industry.
Ultimate CEO Insights: Ocean Bank’s Macedo leads the institution to profitability and expansion
This profile is the third in a weekly series highlighting the Business Journal’s 2023 South Florida Ultimate CEO Awards honorees.
HSBC pushes back in poaching lawsuit, says First Citizens can’t ‘harass’ former SVB employees
HSBC is denying claims that it poached more than 40 of First Citizen Bank's newly-acquired employees from Silicon Valley Bank.
Former Howard Bank headquarters in Canton sells for $80M to local investor
The building's anchor tenants are a First National Bank branch and THB.
Community Wholesale Tire leases 204,000 square feet of space in Hunt Midwest Business Center
The wholesale tire company joins Hunt Midwest's over a dozen suppliers and upfitters making up its “Automotive Alley.”
City of Anoka buys 8-acre manufacturing site to enable redevelopment
The city of Anoka acquired the site, formerly a plastic injection molding and tooling plant, last week for $9 million.