MetLife invests in Pattern Energy Texas wind farm

MetLife Inc. has become an equity partner in a Pattern Energy Group LP wind farm on the Texas Gulf Coast, Pattern announced Tuesday.

Gores Makes Acquisition in Texas

The Gores Group LLC has acquired nearly all assets and assumed certain liabilities of National Envelope Corp., a Texas company considered the world’s largest envelope producer. The company has been going through Chapter 11.

Home Equity Lines Of Credit: The Next Looming Disaster?

In a previous REAL ESTATE CHANNEL article , I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the large banks.

Mid-America Buys Property in Texas

Mid-America Apartment Communities Inc. acquired The Venue at Stonebridge Ranch, in Dallas, Texas MSA.

Oil Falls a Third Day on Speculation European Debt May Curb Global Growth

Oil declined for a third day as equity markets fell and traders bet a government report will show fuel inventories are rising as the peak driving season comes to an end.