Columbia Real Estate Update 8-8-2011
TODAY'S HEADLINES / AUG. 8, 2011
Agency reaffirms S.C. AAA, assigns negative outlook
Weeks after threatening to downgrade South Carolina’s bond rating because of its ties to the U.S. government’s rating, Moody’s Investors Service reaffirmed the state’s AAA rating; but it assigned a negative outlook pending a review of the state’s ability to withstand risk.
Fall Main Street Marketplace taking vendor applications
Columbia’s City Center Partnership, the nonprofit that manages the downtown business improvement district, will hold the Fall Main Street Marketplace again this year and is now accepting vendor registration forms.
LCK Construction names senior project manager
The Columbia-based construction services company has promoted Brian Davis to the position. Davis manages new development and renovations for the company, including projects for Holy Trinity Greek Orthodox Church, Lexington Senior Center and Columbia College.
Advance America to buy CompuCredit stores in 9 states
Spartanburg-based Advance America Cash Advance Centers Inc. said today it has agreed to acquire the retail storefronts of CompuCredit Holdings Corp. for $45.6 million. CompuCredit has 300 locations in nine states.
Grubb & Ellis Wilson Kibler adds one, promotes one
The commercial real estate company hired William Mills as an office sales and leasing agent and moved Edward S. Wilson to its research team. Wilson is research analyst for the firm, responsible for assisting the director of research and brokers in the Columbia Market.
S.C. bankruptcy filings on the decline
Fewer S.C. businesses are seeking bankruptcy protection, according to data released today by the Administrative Office of the U.S. Courts. Consumer filings in the Palmetto State are also down, mirroring a nationwide trend.
Job of the Week
The Larry Dempsey Agency is currently seeking a licensed sales producer for its West Columbia office. The candidate must be self-motivated, with a passion for helping others. A property and casualty license is required; a life, accident and health license would be a plus. Learn more or apply here.
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