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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jul 30, 1964
Page
4
Lubbock lenders debate high leverage in apartment building with second lien notes and partial equity. Some back may be risky due to maintenance costs, occupancy swings, and potential overbuilding while others defend using secondary financing as added security for lenders and builders.
The article discusses how relaxed financing and tax depreciation incentives spur a wave of apartment construction. Experts warn overfinancing risks, while proponents say depreciation fuels cash flow and investment appeal. Critics cite location and planning flaws as potential downsides in the boom.
Funeral services for Mrs. Herbert Rohloff about 55 former education director at First Methodist Church Lubbock will be at 10 a m today at St Pauls Methodist Church Houston with Dr Alfred Freeman officiating She is survived by two daughters Mrs Paul Hershler Sulphur Springs and Mrs Jack Tarver Dallas a son the Rev Herbert Rohloff Willis her mother Mrs Alice McDermot two brothers Thurman and Dennis and a sister Mrs Virginia Maynard all of Tennessee A memorial fund is being started at First Methodist Church in Lubbock for her memory
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