SCI Real Estate Investments Acquires Class-A, Luxury Apartments in Houston, Texas

SCI Real Estate Investments, LLC has announced the acquisition of Kings Cove, a 192-unit luxury apartment-home community in Kingwood, Texas, from Houston-based developer, Dinerstein Companies for tenant-in-common investing. Kings Cove serves as an example of SCI’s smart investment strategy of purchasing institutional-quality apartment communities in growing metropolitan areas, such as Houston and Dallas. Future acquisitions of Class-A multifamily... 

Windsor Capital Group Welcomes Craig Stechman to Lead Their New Sales and Marketing Strategy

All external forces notwithstanding, there are still a couple of very valid reasons for optimism at Windsor Capital Group, parent company to Windsor Hospitality Group. To boil one of those reasons down to a few words, Craig Stechman has come aboard. Stechman has recently taken over as senior vice president of sales and marketing position. In him, WCG found a person whose vision aligns with the company’s mission. Everyone at Windsor agrees this compatibility... 

LaPolla Reports Third Quarter Profit

LaPolla Industries, Inc. (OTC BB:LPAD.OB ) (“LaPolla”), a leading manufacturer and supplier of spray foam insulation and coatings designed to reduce energy consumption in the commercial and residential new construction and retrofit markets, today announced results for the third quarter and nine months ended September 30, 2008. “LaPolla continues to grow sales dramatically despite the current economic crisis. Mainstream acceptance... 

Stratus Properties Inc. Receives Letter from NASDAQ Regarding its Third-Quarter 2008 Form 10-Q Filing

Stratus Properties Inc. (NASDAQ: STRS) announced that on November 18, 2008, Stratus received a letter, as anticipated, from The NASDAQ Stock Market advising that Stratus is currently not in compliance with the continued listing requirements set forth in NASDAQ Marketplace Rule 4310(c)(14) because Stratus did not timely file its quarterly report on Form 10-Q for the quarter ended September 30, 2008 (the “Form 10-Q”). The NASDAQ letter advised that... 

Austins AIC Ventures Closes 100th Acquisition, Prepares for More

Austin, Texas-based AIC Ventures, L.P., an investment fund manager providing alternative finance solutions to middle-market companies across the United States through office and industrial sale-leasebacks, is celebrating its 100th real estate acquisition. Founded in 1990, the firm’s total transaction value is nearly $1 billion. “Over the past 20 years we’ve seen an increasing demand for sale-leasebacks as a strategic capital solution for middle-market... 

China Growth Development Reports Third Quarter 2008 Earnings

China Growth Development, Inc. (OTCBB:CGDI ) (“China Growth Development” or “the Company”), the largest investor, owner and manager of commercial real estate in Taiyuan, the capital city of the Shanxi Province, PRC, today announced its financial results for the third quarter ended September 30, 2008. Third Quarter 2008 Highlights: * Net revenue increased approximately 23% year-over-year to $4.42 million. * Operating expenses decreased... 

MetLife Foundation and Enterprise Recognize Exemplary Models in Affordable Housing

MetLife Foundation and Enterprise announced the 2008 recipients of the MetLife Foundation Awards for Excellence in Affordable Housing this morning at the Enterprise Community Conference in Baltimore. Six community-based organizations were awarded a total of $180,000 for leadership, innovation, and effectiveness in the fields of supportive housing and property and asset management. Celebrating its 13th year, the MetLife Foundation Awards program has... 

Dayton Superior Improves Precast Accessory Capability by Manufacturing the COREWALL® Precast Insert Product Line for Precast Construction in the U.S.

Dayton Superior Corporation (NASDAQ:DSUP), the leading North American provider of specialized products for the non-residential concrete construction market, has begun manufacturing the COREWALL® precast insert system in the United States. Dayton Superior, the North American leader in precast construction, has sold the COREWALL line of slotted precast inserts in the United States for 20 years as part of our extensive precast accessories lineup,”... 

Hoku Secures Key Materials for Polysilicon Production

Hoku Materials, Inc., a wholly owned subsidiary of Hoku Scientific, Inc.established to manufacture and sell polysilicon for the solar market, announced the signing of an HCl supply agreement with BHS Acquisitions, LLC, a wholly owned subsidiary of BHS Marketing, Inc., and a leading chemical supplier with bulk liquid transloading facilities in Nampa, Idaho, that are serviced by Union Pacific Railroad. BHS’s customers include Alcoa and Rio Tanta... 

American Realty Advisors Provides Preferred Equity Financing for the Grand Hyatt Washington

American Realty Advisors announced that it has provided preferred equity financing to an affiliate of Quadrangle Development Corporation for the recapitalization of the Grand Hyatt Washington, an 888 room, luxury full-service hotel located in the burgeoning East End of Washington, DC. The investment was executed on behalf of one of American’s separate account clients. The Grand Hyatt Washington, built in 1987, underwent a full-scale guestroom,...