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08 | 02 | 2010
Click here to learn about Amendment 4 - Home Town Democracy
Harbor Style
"The long and short of it is if Amendment 4 passes, properties with the right future land use for development will go up in perceived value."
In Print
08 | 26 | 2010
US-Häusermarkt bröckelt und bröckelt (click here to read full article)
Börsen-Zeitung
Derzeit würden in den USA jährlich nur noch etwa 550000 neue Häuser gebaut, gut ein Drittel des Durchschnittswerts der vergangenen 40 Jahre, sagte Stephen Hagenbuckle, Managing Principal von TerraCap, der Börsen-Zeitung. Diesen 550000 neuen Immobilien stünden etwa 350000 Objekte gegenüber, die abgerissen oder anderweitig vernichtet würden.
08 | 24 | 2010
Stocks Drop After Sharp Fall in July Home Sales (click here to read full article)
Associated Press
"Home sales have tumbled since a home buyer tax credit expired at the end of April, despite mortgage rates falling to record lows. Banks have also been selective in giving loans, which could be freezing out many potential buyers."
07 | 05 | 2010
Investors hope for some cheer from earnings (click here to read full article)
Financial Times
Companies should not have trouble meeting their forecasts, said Steve Hagenbuckle, managing partner at investment company TerraCap Partners, but that was largely because they had been successful in revising expectations to lower levels.
“Many set themselves up to overachieve,” Mr Hagenbuckle said. “They should be able to make their numbers through a combination of cost-cutting, living off inventory and efficiency gains.”
05 | 21 | 2010
Eurozone woes to make for erratic market (click here to read full article)
Reuters
"With so much uncertainty in the bigger global picture, good housing indicators can be seen as an instant trigger to a market rally next week," said Steven Hagenbuckle, founder of TerraCap Partners, a private equity fund based in New York and Florida.
04 | 16 | 2010
Goldman charge derails Wall St win streak (click here to read full article)
Financial Times
“After the JPMorgan results this week, it’s hard to be a shining star,” said Steve Hagenbuckle, managing partner at New York-based TerraCap Partners.
02 | 08 | 2010
CIT Group names former Merrill Lynch CEO John Thain to lead as chairman and CEO of lender (click here to read full article)
Associated Press
He's taking on an extremely challenging situation," said Steve Hagenbuckle, managing principle of private equity fund TerraCap Partners. "If he survives and rights the ship, then I think his legacy has been written. It's a perfect storm to come out a hero or come out a failure."
11 | 04 | 2009
GMAC Financial Services 3Q loss narrows (click here to read full article)
Associated Press
"Until they remedy the ResCap area, stop the bleeding there, they are going to have challenges," said Steve Hagenbuckle, managing principal at TerraCap Partners, a private-equity fund specializing in distressed real estate.
10 | 27 | 2009
Warding off defaults a priority for commercial sector (click here to read full article)
The Real Deal
Steve Hagenbuckle, founder and managing principal of TerraCap Partners, a real estate private equity fund based in Cape Coral, said banks should do everything possible to work out the loan with the property owner.
10 | 15 | 2009
Goldman Sachs profit tops $3B on strong trading (click here to read full article)
Associated Press
Goldman's image as one of the top players on Wall Street has helped it attract more business throughout the downturn, said Stephen Hagenbuckle, a managing principal of the private equity fund TerraCap Partners.
Goldman "continues to get increased market share," Hagenbuckle said. "Initially it was a lack of competitors, but more recently it's been their performance."
9 | 30 | 2009
Stocks Tumble on Drop in Manufacturing Activity (click here to read full article)
Steve Hagenbuckle, managing principal for TerraCap Partners in New York, expects that corporate earnings will likely exceed expectations again in the third quarter and help boost the market."The corporate numbers will continue to be met or exceeded so I think we'll continue to run up," he said. "I don't think this is a major pullback."
9 | 25 | 2009
KB Home 3Q Loss Narrows; Shares Tumble (click here to read full article)
The Wall Street Journal
Housing gross margin improved to 11.1% in the third quarter, from 3.9% a year earlier, a sign of increased efficiency. "That's key," said Steve Hagenbuckle, managing principal of TerraCap Partners, a real-estate private-equity fund. "They're sticking to just a few basic floor plans that make sense and they're limiting features and finishes, which are both high-cost areas."
9 | 18 | 2009
Commercial Market Seeks New Lending Path (click here to read full article)
The Real Deal
Steve Hagenbuckle, founder and managing principal of TerraCap Partners, a real estate private equity fund based in Cape Coral, doesn't foresee any new instruments coming down the pike any time soon.
9 | 15| 2009
US Home Starts in August Seen Up at 600,000 (click here to read full article)
Reuters
Inventories of existing homes and new construction will be at all-time lows, Hagenbuckle said. "Basically we are looking at a shortage of housing in the United States starting in Q3
and Q4 2010."
9 | 04 | 2009
Hovnanian: Done with Fort Myers? (click here to read full article)
The Wall Street Journal
Sales are picking up dramatically cutting inventory, as investors and first-time buyers take advantage of the lower prices, Mr. Hagenbuckle pointed out.
9 | 03 | 2009
Hovnanian Turns In a Narrower Loss (click here to read full article)
The Wall Street Journal
The Red Bank, N.J., home builder has been harder hit than many of its public peers by the worst housing downturn in generations. "They have too much debt and too little profit," said Steve Hagenbuckle, managing principal of TerraCap Partners, a real-estate private-equity fund.
8 | 25 | 2009
Builder Stocks Gain On Case-Shiller Data (click here to read full article)
Dow Jones
"All housing recovery fundamentals are now aligned," said Steve Hagenbuckle, managing principal of TerraCap Partners, a Florida-based distressed real-estate private equity fund. "Now it's just a matter of time."
8 | 07 | 2009
Reuters
7 | 29 | 2009
New York Times / Reuters
"The pressures are all working in alignment to support that we're at the turning point" in the worst housing market since the Great Depression, said Steve Hagenbuckle, managing principal for TerraCap Partners, a distressed real estate private equity fund in Cape Coral, Florida.
7 | 09 | 2009
MarketWatch
"'Expectations for an eighth consecutive quarter of declining profits has been out there for a while, and we've seen the (market) response already built in, in the last week and a half as things pull back,' said Steve Hagenbuckle, managing partner of TerraCap Partners, a distress real estate private equity fund."
7 | 02 | 2009
Forbes.com
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This is not an offer to sell or a solicitation of an offer to buy any securities. Any such offer of solicitation shall be made only by a final definitive private placement memorandum and related documents..
