Uni-Chem, a South Korean leather fabricator that is diversifying into the solar business, told the Associated Press Saturday that it plans to buy the west Eugene plant from Hynix for $50 million.
Uni-Chem could invest up to $1 billion to convert the Eugene plant to solar [...]


Agent503 posted about Atwater condos going to auction next month. You can read more on his blog and the auction website.Here are the minimum bids...

The owner of Portland’s channel 6 KOIN TV station will enter Chapter 11 bankruptcy proceedings in Delaware this week, under a financial restructuring plan with debt holders.
Los Angeles-based New Vision Television, which also owns KBNZ in Bend, will eliminate $400 million in [...]
Here is an update from beautiful Southern Oregon. The median sales price in July 2007 (market peak) was $325,000...The wave of foreclosures hitting Oregon and the nation isn’t leaving anyone untouched – even Gresham Mayor Shane Bemis is facing the prospect of foreclosure on his home.
In March, Bemis was issued a notice of default for a loan of $666,474 for his four-bedroom home [...]
The findings, from a recent survey of about 1,000 people, run counter [...]
Zachary Lauritzen, a student teacher at Summit High School, on Bend’s west side — the side some residents call “Little California” — said he was teaching a lesson in government when the topic prompted him to ask how many students had lived in California.
“Half [...]
This May, it would take 8.1 months to clear the inventory at the current [...]
Portland condo king Homer Williams is pursuing a surprising new business.
With the residential real estate market struggling, Williams has turned to a newly hot commodity: failed bank loans.
Williams confirmed that he's the man behind BCC Fund I Limited Partnership, which the FDIC identified this' [...]
He calls himself an optimist but his predictions are grim. Raymond Torto, global chief economist at CB Richard Ellis , believes 2009 will be the worst year ever for commercial real estate in the U.S., both for leasing and property values.
But it won’t be the worst [...]
City leaders, business owners and residents here have all heard the chortling about how high foreclosure rates and half-finished subdivisions make their community east of Interstate 205 far closer to Death Valley than Happy Valley.
Now, by staging what's billed as the nation's first citywide [...]
Some interesting statistics from First American Loan Performance:After working at AT&T for 25 years, Don Mercer decided he was done punching the time clock.
In 1998, he retired early, moved to the Bend area and focused his energy on volunteering, including with the Deschutes County Sheriff’s Office Search and Rescue.
But when the stock [...]
Clark County's 13.4 percent jobless rate in April, unadjusted for seasonal factors, was more than double last April's 5.8 percent. And Washington's seasonally adjusted' [...]
The global sportswear giant had announced in February that it would undergo a corporate-wide restructuring that [...]
The Willamette Valley was a hot spot for subprime mortgages four years ago — much to the enduring misery of valley homeowners, according to an investigation published Wednesday.
Many of the nation’s top 25 subprime lenders were highly active in Lane County until the market [...]
A private investment group is in escrow to purchase The Shire, a hobbit-themed housing development in Bend that came to symbolize the real estate excesses of the early 2000s.
Terms of the deal were not available.
The original developer envisioned a community of [...]