Real Estate:Commercial headlines from the week of August 18, 2008
Team reports second-quarter loss
eam Financial Inc. reported a second-quarter loss compared with a profit last year and said it will increase capital at its banks to address concerns from the Office of the Comptroller of the Currency.
IPS expanding Collierville facility
IPS Corp., a California-based building materials manufacturer, has expanded its distribution center in Collierville.
Houston home prices soar in July
Houston home prices soared in July, but the local real estate market also posted its 11th consecutive month of declining sales, according to the Houston Association of Realtors.