THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from November 20, 2009

Commentary: Lot Lines: 2009 Not Kind to Condo Market
After experiencing dynamic growth in downtown over the past few years, Oklahoma City's condo market has slowed as sales and new construction activity has steadily declined this year.Not surprisingly, some of the slowdown can be attributed to the downturn...
Commercial Growth Reshapes Broken Arrow into Thriving Community
The city of Broken Arrow could be described as a sleeping giant that has finally awakened over the past six years. For decades this Tulsa suburb experienced limited commercial and retail development as retailers felt not enough population density was...
Construction Rental Co. to Open in Oklahoma City
A Volvo Rents construction equipment rental company is scheduled to open in Oklahoma City on Jan. 1, and the local franchisee plans to open other sites in Tulsa and Wichita, Kan.David Evans, managing partner of WED LLC, is locating his Volvo Rents at...
Development in Norman Soars to New Heights
Being in the spotlight is nothing new for the Oklahoma City suburb of Norman. Thanks to the success of the University of Oklahoma's football and basketball programs in recent years, the city receives constant attention from the national media. However,...
Global Gaming Gets Nod of Approval from Oklahoma Horse Racing Commission
Global Gaming moved a step closer to taking over Remington Park Thursday, as the Oklahoma Horse Racing Commission gave Global preliminary approval of its application for racing and gaming licenses.Randall Calvert, legal counsel for Global, said the Oklahoma...
OKC Events: November 20, 2009
Two individuals and an organization dedicated to community betterment will be honored Jan. 28 at the annual Evening of Excellence, presented by the University of Oklahoma College of Medicine Alumni Association. The black-tie dinner will be at the National...
Oklahoma City Real Estate Roundtable: Learning the Art of the Deal
Call it the Art of the Deal.For seven Oklahoma City professionals, the skills needed to find, negotiate and bring a deal to closure in the shadow of an ugly state and national economy are just as important as the deal itself.And despite jokes that "there...
Oklahoma Retirees Moving, but Not Far
The Harrises are typical retirees. They have three children grown and gone, a large house filled with stairs and an acre of land requiring ongoing maintenance.The decision to downsize was an easy one for Leaman and Judith Harris, now ages 71 and 67....
Oklahoma Senator: ODOT Has 'Long History' of Excluding Qualified Bidders
Henry Perez runs a concrete business.His company builds everything from curbs and sidewalks to riprap and concrete structures. Perez's company, he said, does work all over the world."We do good work," he said. "I just finished a job for the city of Oklahoma...
Oklahoma's State Chamber Leaders Outline 2010 Issues
Ad valorem taxes, workers' compensation and health care lead off The State Chamber's list of legislative and congressional concerns, outgoing Executive Director Dick Rush said Thursday.While the chamber board will not finalize the organization's 2010...
Social Media: Changing How the Commercial Real Estate Industry Communicates
When commercial real estate professionals hear the term "social media" and its various platforms such as Twitter, Facebook and MySpace, they might typically think of it as a way for teenagers and college students to connect with each other. However,...
Specifics Won't Be Listed on Oklahoma City's MAPS 3 Ballot
When Oklahoma City voters go to the polls Dec. 8 to vote on the $777 million MAPS 3 tax issue, they won't see any specific projects listed on the ballot.Instead, they'll be voting on Ordinance No. 23,942, which would create a 1-percent sales tax that...
Tulsa-Based Helmerich and Payne Profits Drop, but Top Expectations
Shares of Helmerich and Payne dropped 2 percent Thursday after the drilling contractor posted double-digit earnings and revenue declines for both its fiscal year and fourth quarter, beating Wall Street estimates."It could be several more quarters before...
Tulsa Commercial Real Estate Roundtable: Don't Expect Any Miracles
Little optimism surfaced from executives gathered to discuss Tulsa's commercial real estate hopes for 2010.Representatives from the construction, finance and architectural segments joined retail, office, industrial and multifamily brokers to share their...
Tulsa Roofer Expands into OKC Area
A-Best Roofing of Tulsa has expanded into the metro Oklahoma City area to secure more revenue in Oklahoma's souring economy."This is just a little satellite that we've spun off from Tulsa to just give us a little flexibility when times are tough, like...