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Sonnenblick-Eichner Company Arranges $21,000,000 of First Mortgage Financing for Cotton Court, Lubbock, Texas

Article - Sonnenblick-Eichner Company Arranges $21,000,000 of First Mortgage Financing for Cotton Court, Lubbock, Texas - The five-year, fixed-rate loan is non-recourse and was funded by a Wall Street investment bank. The loan is interest-only for the entire term at an interest rate of 7.6%. A rate buydown was required by the lender to achieve this rate and proceeds. ....

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Do You Feel Safe Lubbock? Is it Worth It?

They have a clear bag policy, you must empty your pockets, and then you go through a metal detector. In my opinion, places that force you to leave your gun and even pocketknife in the car, make you more vulnerable. ....

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Survivors recall the terror of the first F5 tornado


Survivors recall the terror of the first F5 tornado
It’s been 51 years since an F5 tornado the most powerful category of twisters last struck a major U.S. city. Lubbock, Texas, still bears the scars.
Two tornadoes struck Lubbock, Texas, on May 11, 1970. The second a monster F5 twister destroyed thousands of homes, devastated the city’s central business district, and killed 26 people.Photograph via Lubbock Avalanche-Journal, USA Today
ByBill Newcott
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The perpetual high plains wind had suddenly fallen dead still, leaving the evening air hot and heavy over Lubbock, Texas. Impossibly dark clouds hung low in the sky.   ....

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