
Office Depot, a leading global provider of office products and services, today announced that its “Green” retail store prototype has received a Leadership in Energy and Environmental Design (LEED) Gold Certification from the U.S. Green Building Council (USGBC). The USGBC’s LEED system is widely recognized as the benchmark for green building design, construction, operations and maintenance. Office Depot received the Gold Rating for the Company’s...
An economy on the verge of total collapse. Residential real estate markets are either stagnant or in great decline across the country. The public is in dire need of promising news about real estate. If you ask Chad Goldwasser, the timing is perfect to start a new real estate venture. And his venture is dramatically different than anything the industry has ever seen before. Formerly Keller Williams Realty’s number one real estate agent, locally and...
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...
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...
SaleAMP(TM), a cutting-edge marketing and software company, announced a unique pay-for-performance real estate marketing service for condo developers, large home builders and real estate related banks, nationwide. The service, based on proprietary internet marketing tools and techniques, has produced tens of thousands of buyer prospects and sales in a matter of months. “Traditional real estate marketing is broken and budgets are heavily strained...
The drop in national housing starts reported today by the U.S. Department of Commerce indicates that home production is down 65.7 percent from the recent peak. The latest research from Metrostudy, a national housing market research company, indicates significant differences in the trends across local markets. Metrostudy collects data on a much more detailed basis than the Commerce Department does, rolling up from a 100 percent count of activity in...
Green Builders, Inc. a leading large-scale developer of sustainable homes in the Austin, Texas-area, is expanding its services to include green remodeling. The new venture will initially cater to existing homeowners in Central Texas who want to reduce home energy demands and utility bills, lessen home maintenance costs and increase the comfort of their home. Heating and cooling account for more than fifty percent of the average home’s energy...
In a move to build upon its achievements and further accelerate growth , Dolce Hotels and Resorts, a meetings-focused hospitality company based here that manages 23 hotels, resorts and meetings centers in the United States, Canada and Europe, has appointed industry veteran Steven A. Rudnitsky as president and chief executive officer, effective Dec. 8. Rudnitsky, who recently stepped down as president and chief executive officer of Wyndham Worldwide’s...
Pluck Corporation, a subsidiary of Demand Media, and The Scotts Miracle-Gro Company are collaborating to deliver a unique social experience to consumers visiting the Scotts.com site. By adding Pluck® social media capabilities to its website in early 2008, Scotts has increased its capability to engage with consumers, enabling them to participate in blogs, forums, photo galleries and other interactive tools designed to inspire, assist and advise gardening...
Thomas Properties Group, Inc. announced today that its affiliate, TPG-Austin Portfolio Holdings LLC (TPG-Austin), for which TPGI serves as the manager, has filed a motion with the U.S. Bankruptcy Court for the Southern District of New York (the Court) in the bankruptcy case of Lehman Brothers Holdings, Inc., et al. (Lehman Brothers). “Through this motion, we are seeking to compel Lehman Brothers to accept and honor its obligation to fund the $100...