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Oklahoman Real estate investment would go stagnant, commercial property go unimproved, and construction jobs go away if President Joe Biden succeeds in chopping the popular tax accounting regulation known as a 1031 tax-free exchange, some real estate specialists say. "It could freeze the market," said Ford Price, managing partner of Oklahoma City brokerage Price Edwards & Co. Section 1031 of the Internal Revenue Code encourages investment by letting sellers postpone paying capital gains taxes through a series of exchanges. Taxes only come due when there is a sale not followed by another purch...

Published: 4:34 PM March 9, 2021    Updated: 4:37 PM March 9, 2021 Left to right: Carly Grigglestone, group marketing director; Ed Tyman, group operations and lettings director; Max Sowerby, managing director; Ginny Studd, group finance director; Lloyd Sandy, managing director; Will Lightfoot, group sales director; and Paul Newell, local director for Holt. - Credit: Sowerbys Independent Norfolk estate agency Sowerbys has announced the appointment of five new directors amid plans to expand. As part of the changes to the senior management team, Ginny Studd has become group finance director ...

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Photo: Car-Mart The announcement this week of the sale of 19 of America’s Car-Mart Inc. locations did not include the Mountain Home property, but did include Harrison’s, according to a Talk Business Arkansas report. The transaction includes properties in Arkansas, Oklahoma and Texas, but the deal won’t impact existing operations for the buy here, pay here used car dealer. Commercial real estate firm CBRE announced Wednesday the sale of a retail portfolio totaling more than 90,000 square feet of space. The car dealerships were sold to Miami-based Orion Buying Corp. The seller is the Flee...

Nov 10, 1950 Dec 09, 2020 Grover W “Chip” Lightfoot III passed away on December 9. 2020. He was born on November 10, 1950, to Grover Jr. and Mabel (Brown) Lightfoot. He grew up in San Angelo, graduating from Central High School in 1968. He attended University of North Texas and later graduated from Angelo State University in 1979 with a degree in Computer Science. He met Carol Gully at ASU in the punch card room, and they married on August 1, 1980. He worked for GTE and then Verizon until his retirement.  He is survived by his wife, his son Will Lightfoot and wife Amy, and his daught...