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Archive for June, 2008

Raising Cane

Wednesday, June 25th, 2008

The State of Florida has announced the purchase of about 300 sections of farmland from U.S. Sugar. U.S. Sugar has raised sugar cane on this land since the 1930’s, when they carved this farmland out of swampland. Now it must be returned to its natural state. We don’t need it to raise [...]

The Good News

Monday, June 2nd, 2008

You have heard the stories about plummeting home values and credit drying up for real estate acquisitions. Development land is offered for sale everywhere, with no takers. REIT values have been falling. Commercial developers experience difficulty financing developments, as lenders back away from previous commitments. Isn’t there any good news in [...]