Showing posts with label Dallas Ft Worth. Show all posts
Showing posts with label Dallas Ft Worth. Show all posts
Sunday, October 13, 2013
Thursday, April 5, 2012
The Tornadoes That Ate Dallas/Fort Worth
Multiple tornadoes touched down across the Dallas/Fort Worth area causing extensive damage yesterday. These pictures are pretty insane, especially the ones of the hail and semi-trucks. posted
(AP / Kim Johnson Flodin)
(AP / AP)
(Getty Images / Tom Pennington)
(AP / Paul Moseley)
.
(Reuters / TIM SHARP)
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(AP / Khampha Bouaphanh)
Via: twitpic.com
(And I missed the whole thing thanks to the pain meds I took which put me sound asleep through the worst of it.--jef)
(And I missed the whole thing thanks to the pain meds I took which put me sound asleep through the worst of it.--jef)
Wednesday, April 4, 2012
Tornado takes SUV for a sky ride
(Locally, we got pounded by tornadoes. No reported deaths so far.--jef)
by CRAIG CIVALE | WFAA
Posted on April 4, 2012
FORNEY — With all the damage we've seen in this Kaufman County community northeast of Dallas, it is amazing that no one was seriously hurt.
No one knows that better than Mary Anne Quiñonez, who was picking up her daughter Lucia at Crosby Elementary School just a few blocks away from the epicenter of tornado damage in the Diamond Creek subdivision.
Her split-second decision to get out of her sport utility vehicle and go into the school likely saved her life.
The SUV ended up in the middle of a field, heavily damaged after being swept more than 100 yards into the sky by the menacing funnel cloud.
"That's my car," Quiñonez said as she was shown a cell phone photo of what was left of it. Her decision to ride out the storm with her daughter inside the school turned out to be the correct one.
"It was like banging against the school; you could hear it banging," Lucia Quiñonez said.
As they hunkered down in the dark with other students and teachers, the tornado tore through, ripping off the school's roof; flipping cars in the parking lot; and sending Quiñonez' SUV so far, she couldn't find it.
"I turned to my daughter and I said, 'Lucia, my car is gone!' And she looked and said, 'It's gone!'"
It wasn't until she saw the aerial images from HD Chopper 8 that she finally figured out what had happened.
"I saw a live shot of you guys focusing on my car," Quiñonez said. "We literally, all of us, were at the TV ... oh my God, that is my car!"
The Quiñonez family is just one of scores who are giving thanks that they were not seriously injured in the disaster.
Crosby Elementary School will be closed on Wednesday as the Forney ISD evaluates the damage.
A dusk-to-dawn curfew was being enforced at the Diamond Creek subdivision to discourage looting in the 75 homes that were damaged.
by CRAIG CIVALE | WFAA
Posted on April 4, 2012
FORNEY — With all the damage we've seen in this Kaufman County community northeast of Dallas, it is amazing that no one was seriously hurt.
No one knows that better than Mary Anne Quiñonez, who was picking up her daughter Lucia at Crosby Elementary School just a few blocks away from the epicenter of tornado damage in the Diamond Creek subdivision.
Her split-second decision to get out of her sport utility vehicle and go into the school likely saved her life.
The SUV ended up in the middle of a field, heavily damaged after being swept more than 100 yards into the sky by the menacing funnel cloud.
"That's my car," Quiñonez said as she was shown a cell phone photo of what was left of it. Her decision to ride out the storm with her daughter inside the school turned out to be the correct one.
"It was like banging against the school; you could hear it banging," Lucia Quiñonez said.
As they hunkered down in the dark with other students and teachers, the tornado tore through, ripping off the school's roof; flipping cars in the parking lot; and sending Quiñonez' SUV so far, she couldn't find it.
"I turned to my daughter and I said, 'Lucia, my car is gone!' And she looked and said, 'It's gone!'"
It wasn't until she saw the aerial images from HD Chopper 8 that she finally figured out what had happened.
"I saw a live shot of you guys focusing on my car," Quiñonez said. "We literally, all of us, were at the TV ... oh my God, that is my car!"
The Quiñonez family is just one of scores who are giving thanks that they were not seriously injured in the disaster.
Crosby Elementary School will be closed on Wednesday as the Forney ISD evaluates the damage.
A dusk-to-dawn curfew was being enforced at the Diamond Creek subdivision to discourage looting in the 75 homes that were damaged.
Thursday, March 25, 2010
D/FW Ground Zero for Commercial Real Estate crash?
(Great! I live at Ground Zero for the Commercial Real Estate crash! It all starts here, folks! They continue building skyscrapers downtown even with like 16% occupancy for the all the buildings downtown. 16% occupancy? We need more buildings and clients who will default on their loans!-jef)
Dallas-Fort Worth commercial foreclosure filings top $1 billion
Tuesday, March 23, 2010
By STEVE BROWN / The Dallas Morning News
Commercial property foreclosure filings in the Dallas-Fort Worth area top $1 billion for the upcoming April sales.
That's much higher than commercial foreclosure posting totals in recent months.
"It's certainly the highest we've seen in this cycle," George Roddy of Foreclosure Listing Service said Monday.
The Addison-based foreclosure-tracking firm counts 333 D-FW commercial properties scheduled for auction by lenders next month.
During the last few months, the auction totals have averaged about 250.
Among the properties set for sale next month are the Element Hotel in Irving, with $13.1 million in debt, and the Firewheel Distribution Center in Garland, with $13.1 million in debt, according to Foreclosure Listing Service.
Part of Allen's Star Creek development on State Highway 121, with about $15 million in debt, also made the April foreclosure list.
The biggest current foreclosure posting is still the Four Seasons Resort and Club at Las Colinas, with $183 million.
Although the 400-acre resort has been facing auction for several months, owner BentleyForbes and its lenders have reached a "standstill agreement" while debt negotiations continue.
BentleyForbes officials said earlier this month that they "expect that a resolution will be reached in the near future."
But it's not unusual for a mortgage holder to continue posting a property for foreclosure while talks go on.
Not all properties listed for foreclosure each month are actually sold by the lender. Many times, the borrower reaches a new mortgage agreement or delays the forced sale.
In 2009, the number of commercial properties posted for foreclosure in Dallas-Fort Worth jumped almost 27 percent. More than 2,400 properties, including offices, warehouses, shopping centers, hotels, apartments and commercial land, were posted for foreclosure last year.
It's no wonder that Dallas-Fort Worth's commercial property foreclosures are spiking.
A new report by First American CoreLogic says that D-FW led the nation in commercial mortgage maturities in February. More than $4 billion of about $20 billion in U.S. commercial property loans that came due in February were on properties in North Texas, the researchers found.
The Houston area was second, with almost $3 billion in maturing commercial mortgages.
With lenders still keeping a tight rein on real estate debt, it's often impossible for borrowers to extend or refinance commercial property loans.
Dallas-Fort Worth commercial foreclosure filings top $1 billion
Tuesday, March 23, 2010
By STEVE BROWN / The Dallas Morning News
Commercial property foreclosure filings in the Dallas-Fort Worth area top $1 billion for the upcoming April sales.
That's much higher than commercial foreclosure posting totals in recent months.
"It's certainly the highest we've seen in this cycle," George Roddy of Foreclosure Listing Service said Monday.
The Addison-based foreclosure-tracking firm counts 333 D-FW commercial properties scheduled for auction by lenders next month.
During the last few months, the auction totals have averaged about 250.
Among the properties set for sale next month are the Element Hotel in Irving, with $13.1 million in debt, and the Firewheel Distribution Center in Garland, with $13.1 million in debt, according to Foreclosure Listing Service.
Part of Allen's Star Creek development on State Highway 121, with about $15 million in debt, also made the April foreclosure list.
The biggest current foreclosure posting is still the Four Seasons Resort and Club at Las Colinas, with $183 million.
Although the 400-acre resort has been facing auction for several months, owner BentleyForbes and its lenders have reached a "standstill agreement" while debt negotiations continue.
BentleyForbes officials said earlier this month that they "expect that a resolution will be reached in the near future."
But it's not unusual for a mortgage holder to continue posting a property for foreclosure while talks go on.
Not all properties listed for foreclosure each month are actually sold by the lender. Many times, the borrower reaches a new mortgage agreement or delays the forced sale.
In 2009, the number of commercial properties posted for foreclosure in Dallas-Fort Worth jumped almost 27 percent. More than 2,400 properties, including offices, warehouses, shopping centers, hotels, apartments and commercial land, were posted for foreclosure last year.
It's no wonder that Dallas-Fort Worth's commercial property foreclosures are spiking.
A new report by First American CoreLogic says that D-FW led the nation in commercial mortgage maturities in February. More than $4 billion of about $20 billion in U.S. commercial property loans that came due in February were on properties in North Texas, the researchers found.
The Houston area was second, with almost $3 billion in maturing commercial mortgages.
With lenders still keeping a tight rein on real estate debt, it's often impossible for borrowers to extend or refinance commercial property loans.
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