Category Archives: Business

How to Prep for Tenant Success

Turning your property into a long-term rental offers the potential for a steady addition to your financial portfolio through consistent income. This transformation, however, demands strategic planning and thorough preparation to maximize profitability and sustain the long-term viability of your rental property. Such attention to detail will not only secure your income stream but also enhance the overall value of your property.

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Sanders Trust Acquires Hospital

The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, has recently acquired the PAM Health Rehabilitation Hospital of Tulsa for $34.2 million dollars. Operated by the PAM Health network, the facility is located at 10020 East 91st Street, Tulsa, Oklahoma, 74133.

The PAM Health Rehabilitation Hospital of Tulsa serves patients recovering from acute illnesses and injuries by providing compassionate, high-quality rehabilitation services. The facility offers 53 private rooms, each equipped with accessible private bathrooms, to ensure comfort and privacy. State-of-the-art inpatient and outpatient gyms feature the latest rehabilitation technology, and outdoor spaces are designed for walking and mobility exercises, supporting every step of the rehabilitation process.

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Overcoming Impact of Extreme Weather

Tulsa, Oklahoma, a city known for its vibrant culture and strong sense of community, has faced several extreme weather events recently. From tornadoes to straight winds over 100 mph, nature’s fury can cause disruption and personal hardship. As a business owner, I have witnessed the profound impact on the people of Tulsa.

The increasing frequency and severity of weather events in Tulsa have brought about a range of challenges for its residents. Power outages, displacement from homes, and disruptions to employment are just some of the many issues that people have to contend with in the wake of these storms. Families are forced to leave their homes, businesses face damage and loss, and entire communities are left reeling from the aftermath of such events.

As a self storage business owner with a self storage facility in Tulsa, I have seen how these weather events have a direct impact on the demand for storage solutions. 

Iron Storage Tulsa
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Strengthen Oklahoma Homes Act Signed

Gov. Kevin Stitt signed into law House Bill 3089 Monday. Introduced by Rep. Mark Tedford, R-Tulsa, and sponsored by Sen. Dewayne Pemberton, R-Muskogee, the act aims to provide financial grants to construct or retrofit homes, making them more resilient against the destructive forces of tornadoes, windstorms and hail.

Under the new law, known as the Strengthen Oklahoma Homes Act, grants will be made available by the Oklahoma Insurance Department (OID) to residential property owners who meet specific eligibility criteria. These criteria include an owner-occupied, single-family primary residence. The grants are intended to help homeowners achieve safety standards outlined by the Insurance Institute for Business and Home Safety (IBHS).

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OK AG Drummond Testimony to Congress

Attorney General Gentner Drummond today told a U.S. House subcommittee how a revised rule by the Environmental Protection Agency (EPA) will have devastating consequences for Oklahoma and other states. Drummond had been invited by the House Subcommittee on Environment, Manufacturing, and Critical Materials to deliver testimony for a hearing titled “EPA’s RMP Rule: Failures to Protect the American People and American Manufacturing.” The subcommittee is part of the House Committee on Energy and Commerce.

Drummond told subcommittee members he has filed a number of lawsuits against the Biden Administration for federal overreach, but the agency he has litigated more than any other is the EPA.

“Unfortunately, EPA consistently promotes policies and issues rules that are bad for businesses, harmful to consumers, and outright hostile to America’s oil and gas industry,” he said. “The rule under review today is no exception.”

Slated to take effect Friday, the expanded final rule of the EPA’s Risk Management Program (RMP) will impact facilities that handle threshold quantities of specific chemicals.

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