The downturn caused the cost of capital to spike. Financial columnist Matt Ogden explains how to use a clean balance sheet and improving market to reverse that trend. More
US LBM's chief and other prominent figures in the building and infrastructure business expressed cautious to boisterous optimism at the Building and Infrastructure Conference co-sponsored by L.E.K. Consulting and Lincoln International. More
During home building's go-go years, banks loved us. We had cash flow (profits and liquidity) and we had collateral (assets More
A subset of building material dealers report conditions with their banks has gotten tougher, and some are looking to change lenders, but for the most part they regard their condition as better than what their customers are going through, a new ProSales survey indicates. More
84 Lumber Co. is seeking to borrow $20 million in federal money to help refinance a $45 million loan package at better terms. More
A second financial institution has filed objections to a bid by Stock Building Supply to pay $15 million to buy National Home Centers, the Arkansas-based dealer that ranked 26th on last year's ProSales 100 and now is in Chapter 11 bankruptcy. More
Orleans Homebuilders, the Bensalem, Pa.-based builder with 11 operating divisions in eight states, has filed for Chapter 11 bankruptcy. More
Atrium Cos., the Dallas-based maker of residential vinyl and aluminum windows, filed for Chapter 11 bankruptcy protection from creditors as part of a restructuring agreement with more than two-thirds of its secured lenders. More
A lender has seized the inventory and equipment of Bloch Lumber and will auction the Chicago-based wholesale dealer's assets on Dec. 29, according to a published legal notice in the Chicago Tribune and comments from an attorney for the lender. More
