Real Estate News
--> Alabama News
U.S. senators from Tennessee, Georgia and Alabama report millions in assets
WASHINGTON — Four of the U.S. senators from Tennessee, Georgia and Alabama reported more than $1 million in personal assets, according to their newly released financial disclosures. One got a delay.
On top of his $174,000 salary, Alexander made at least $200,000 in stock dividends from Knoxville-based Custom Foods and more than $100,000 in capital gains on his Texas properties.
SenBob Corker was granted an extension until AugustLast year, the Capitol Hill newspaper Roll Call ranked the former Chattanooga mayor the 19th-richest member of Congress, with at least $19.6 million in assets.
In Georgia, SenJohnny Isakson reported at least $5 million in assetsHe derives much of his money from real estate, including a 12-acre spread in Rabun County, Ga., valued at more than $1 millionLast year the senator set up a blind trust for his other assets, which include stock in MasterCard and MicrosoftIsakson listed a 20-year-old line of credit as his only liability.
Meanwhile, SenSaxby Chambliss reported $107,000 to $380,000 in assets, including holdings with Georgia-based Coca-Cola and AerovectRx Corp., which manufactures aerosol therapeuticsHis lone liability, a mortgage held through Bank of America, is between $100,000 and $250,000.
In Alabama, SenRichard Shelby reported no liabilities and assets between $4.9 million and $7.8 million, disclosing million-dollar homes in Tuscaloosa and WashingtonOne of Shelby's largest transactions last year was a cash gift valued between $500,000 and $1 million to his family trustHe made at least $50,000 in rental income for a Tuscaloosa office building he owns.
Shelby's colleague, SenJeff Sessions, reported between $3.4 million and $10.6 million in assets and a pair of mortgages that amount to between $500,000 and $1 million in liabilitiesMost of Sessions' assets are investments and land holdings in Alabama, including hunting property in Choctaw County valued at more than $1 million.
Lawmakers must report assets held by themselves, spouses or dependent children.
Contact staff writer Chris Carroll at ccarroll@times freepress.com or 423-280-2025.
Read previous article
Chattanooga's worst schools could get worse
Read next article
Lead cleanup wrapping up on Southside, but other areas may have to wait
Blue Cross and Blue Shield of Georgia members affected by Anthem cyber-attack
Grocery Bar workers unsure whether it will stay open or close forever
Lawsuit challenges Tennessee use of standardized test scores
Sheriff: Firefighter dry-fires pistol at his and his wife's girlfriend
Chattanooga Update: Father and daughter arrested
Fire destroys home, cars on Glass Stin Chattanooga (with video)
Chattanooga's Dennis Haskins appears in 'Saved By The Bell' reunion on Jimmy Fallon
2 women, 3 children join lawsuit over prison strip search
Chattanooga plans to turn over Tivoli, Memorial Auditorium
UPDATE: Body found in Hixson
Wal-Mart continues Chattanooga-area expansion push with plans for Harrison Supercenter
Police say Chattanooga bondsmen fired at vehicle: Key Bonding owner, 1 other charged with aggravated assault
Trending Alabama News:
State Veterans Homes Receive Zero Deficiencies in Surveys
Ala man's federal arraignment Mon in Gulfport
North Alabama MLS Adds ListTrac, Improves its MLS-direct Syndication Strategy
Sewer services may be disconnected in north Alabama neighborhood
Escaped Alabama inmate continues to elude authorities
Alabama's lake home market among the fastest growing
Where are the starter homes in Birmingham?
The cost of unconstitutional laws
Severe Storms End, More on the Way Sunday
Intero Agents Recognized as Top Latino Agents by the National Association of Hispanic Real Estate Professionals
Public health workers prepare for possible emergencies Thursday
'It's Nice' update, new Mobile plant, HudsonAlpha groundbreaking top AL.com business news
PBS show reveals Questlove descended from last known slave ship, which landed in Alabama
Real Walter White found in treatment facility
'Felony filth': Sheriff says conditions in Alabama home where children neglected a health risk
Why is Commercial Real Estate such a Hot Commodity in Birmingham?
More than half of AL inmates remain behind bars after parole date
Skinner to explore "pitfalls of real estate management" at Aug. 26 real estate management summit
From Alabama to Wyoming: The Cost of Living Across America
Birmingham broker helps close $316M multifamily deal