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...
Green Depot (www.greendepot.com) – the Brooklyn-based supplier of environmentally friendly and sustainable building products, services and solutions – today announced that it has merged with Chicago-based Greenmaker (www.greenmakersupply.com) to create the nation’s largest and most sophisticated supplier of green building materials. Green Depot serves residential and commercial builders and everyday homeowners nationwide through its Web site...
Standard & Poor’s, the world’s leading index provider and publisher of the widely followed S&P/Case-Shiller Home Price Indices, announced today that it will launch new indices designed to track condominium prices in five major metropolitan areas in the United States — Boston, Chicago, Los Angeles, New York and San Francisco. Standard & Poor’s also announced that it will publish seasonally-adjusted versions of the...
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...
Airports Council International–North America (ACI-NA) applauded the opening of three new runways at major hub airports this week, and commended the airports and the Bush Administration for helping to reduce delays and increase aviation efficiency and capacity. Dulles, O’Hare and Seattle-Tacoma International Airports all celebrate new runway openings on November 20. Department of Transportation Secretary Mary Peters and Acting Federal Aviation...
ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), offers loan modification solutions to meet the immediate needs of lenders and servicers. ServiceLink provides a comprehensive suite of settlement services for all modification types, from rate resets and payment recasts to complex loan term adjustments. Lenders and servicers can streamline their...
Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in...
Sara Lee Corp. announced that it will close its kosher hot dog and meat processing facility on or before Jan. 30, 2009. Sara Lee has decided to exit the kosher meat business, and discontinue processing and distributing products made under all of its kosher meat brands, including Best’s Kosher, Sinai Kosher, Shofar and Wilno. The closure of the Chicago facility, located at 1000 W. Pershing Road, will result in a workforce reduction of approximately...
Cubellis, an international architecture, interior design and engineering firm, is pleased to announce that Kate Haas, Interior Design, and Laura Hamilton, Interior Design, have successfully completed the LEED Professional Accreditation exam and are now registered LEED Accredited Professionals (LEED AP). LEED APs are building industry professionals who have demonstrated a thorough understanding of green building and the LEED® Green Building Rating...
Cubellis, an international architecture, interior design and engineering firm, is pleased to announce that Kate Haas, Interior Design, and Laura Hamilton, Interior Design, have successfully completed the LEED Professional Accreditation exam and are now registered LEED Accredited Professionals (LEED AP). LEED APs are building industry professionals who have demonstrated a thorough understanding of green building and the LEED® Green Building Rating...