
Water front views, Energy-Star appliances, cultured marble vanities and ceramic tile floors are just a few of the amenities that allow the Housing Authority of Pompano Beach and Pinnacle Housing Group to redefine the notion of affordable housing. On September 17th, Golden Square and Golden Villas, located at 1415 N.W. 18th Drive, introduced the new face of quality affordable rental communities. A Grand Opening and ribbon-cutting ceremony celebrated...
PASAL Development S.A. announces that consolidated earnings after taxes and minority interest for the 9M 2008 amounted to 2.6 mn euro compared to 6.0 mn euro in 2007. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 3.5 mn euro compared to 10.1 mn euro in 2007, while consolidated earnings before taxes amounted to 1.3 mn euro compared to 8.6 mn euro the respective period of last year. The reduction is mainly due to...
Sallie Mae (NYSE:SLM), the nation’s leading saving- and paying-for-college company, and Delaware Governor Ruth Ann Minner today announced that Sallie Mae plans to open a new Credit Operations Center in the state that would add 1,100 jobs to Delaware’s workforce. As part of today’s jobs announcement, Sallie Mae’s philanthropic organization, The Sallie Mae Fund, contributed $25,000 to the United Way of Delaware. “As the world’s leading provider...
The U.S. Small Business Administration is reminding small businesses of the deadline to submit disaster loan applications for economic injury as a result of the severe storms and tornadoes that occurred March 14-16, 2008. The deadline to file applications for Economic Injury Disaster Loans (EIDLs) is December 22, 2008. Small businesses and small agricultural cooperatives that suffered substantial economic injury in the following counties are eligible...
Cogent Road, a provider of Internet-based applications for the mortgage industry, announced the launch of Business Spaces, the company’s new collaborative document management system. In addition to a fully interactive, end-to-end e-mortgage platform, Business Spaces automates work processes by delivering documents, tracking their status and notifying key workgroups of issues that may delay closing. The moment a loan officer orders a credit report,...
The U.S. Small Business Administration announces today that due to a steady decrease of activity, the Disaster Loan Outreach Center located at the DuPage County Complex, Jack T. Knuepfer Building, Wheaton, Illinois will cease operations Thursday, November 20 at the close of business. The Small Business Administration urges those affected by the disaster to visit the Center before the closing to obtain one-on-one assistance and information about the...
The U.S. Small Business Administration announces that due to a steady decrease of activity, the Disaster Loan Outreach Center located at the DuPage County Complex, Jack T. Knuepfer Building, Wheaton, Illinois will cease operations Thursday, November 20 at the close of business. The Small Business Administration urges those affected by the disaster to visit the Center before the closing to obtain one-on-one assistance and information about the disaster...
URDANG, part of BNY Mellon Asset Management, and Onyx Equities, LLC, have completed the sale of a 320,000-square-foot office building in White Plains, New York, for $81,775,000. The multi-tenant, fully occupied building at 1311 Mamaroneck Avenue had been part of the URDANG Value-Added Fund, L.P. portfolio, a real estate investment vehicle formed by URDANG Capital Management, Inc. to acquire a portfolio of value-added properties located throughout...
DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,...
In the chaos of subprime mortgage meltdowns, worldwide credit crunches, falling stock prices and bail-outs, a small group of real estate investment banks in Texas are weathering the storm and even thriving by offering investors steady returns on investments. Austin-based Noble Capital is one example. This private lending firm is gaining traction as one of the region’s dominant players by offering lower-risk investments that have maintained a...