Dallas banks are dealing with excess branches and prime corners
October 3, 2008-The Dallas Morning News-by Steve Brown
The paint is barely dry on Wachovia's newest branch bank in Dallas' North Oak Cliff neighborhood. But it's already time to give the just-finished building a makeover.
Wachovia, which last week agreed to a government-assisted buyout from Citicorp, on Friday announced it instead would pair up with Wells Fargo. Also last week, Washington Mutual sold out and will now to be rebranded by J.P. Morgan Chase. And other bank failures and consolidations are in the works.
The banking sector downshift should end several years of frantic branch building and corner...
The paint is barely dry on Wachovia's newest branch bank in Dallas' North Oak Cliff neighborhood. But it's already time to give the just-finished building a makeover.
Wachovia, which last week agreed to a government-assisted buyout from Citicorp, on Friday announced it instead would pair up with Wells Fargo. Also last week, Washington Mutual sold out and will now to be rebranded by J.P. Morgan Chase. And other bank failures and consolidations are in the works.
The banking sector downshift should end several years of frantic branch building and corner...
Tighter Credit Clamps Down on Fashion
September 29, 2008 - by Evan Clark with contributions from Arnold J. Karr, Liza Casabona, & Vicki M. Young | Women's Wear Daily. Wall Street’s credit nightmare — made all the more vivid last week by the on-again, off-again government bailout and the largest U.S. bank failure ever from Washington Mutual — is giving consumers and fashion companies a fright.
For firms teetering on the edge, it might be too much to bear.
Jim Rice, a senior credit analyst at F&D Reports Creditintel, said because of the erosion of the credit market, there is virtually no financing activity.
“The good...
Net Lease team finds new home
Former Staubach executives leave for Retail Connection
September 10, 2008 - by Steve Brown | The Dallas Morning News. A top transaction team from the former Staubach Co. has made the jump to another Dallas real estate firm.
Ken Shulman and John Hammill previously headed the Staubach Net Lease subsidiary. The operation arranged sales of fully leased retail properties to investors. Now Mr. Shulman and Mr. Hammill, plus three other Staubach professionals, are going to do the same work at Dallas-based Retail Connection Inc.
"They ran a group that put together thousands of transactions," said Retail Connection...
Two former Staubach veterans join The Retail Connection
Wednesday, September 10, 2008 - 1:23 PM CDT
Dallas Business Journal
Real estate services and investment company The Retail Connection LP said Ken Shulman and John Hammill, who recently headed The Staubach Co.’s Net Lease group, are joining the company as executive directors of the newly created The Retail Connection | Connected Net Lease group.
The newly formed division of the Dallas company was created to provide brokerage and advisory services for investors and developers who are involved in single-tenant, net lease properties.
Prior to joining The Retail Connection, Shulman and Hammill spent...
Dallas Business Journal
Real estate services and investment company The Retail Connection LP said Ken Shulman and John Hammill, who recently headed The Staubach Co.’s Net Lease group, are joining the company as executive directors of the newly created The Retail Connection | Connected Net Lease group.
The newly formed division of the Dallas company was created to provide brokerage and advisory services for investors and developers who are involved in single-tenant, net lease properties.
Prior to joining The Retail Connection, Shulman and Hammill spent...












