BlackEagle Partners, LLC, a Michigan-based special situations private equity firm, acquired InStar Services Group, LP, a non-core division of The ServiceMaster Company, a portfolio company of private equity firm Clayton, Dubilier, & Rice, Inc. Based in Fort Worth, Texas, InStar is a leading national provider of disaster response, insurance restoration and reconstruction services operating from 14 branches throughout the East Coast, the Southeast...
Equity One, Inc., an owner, developer, and operator of shopping centers, announced today that it has completed the acquisition of three value-added properties located in South Florida in a joint venture with an affiliate of DRA Advisors LLC. The acquired properties are: Plantation Marketplace – a 230,330 square foot community retail center located in Plantation, Florida and anchored by Winn-Dixie and CVS. Penn Dutch Plaza – a 155,628 square foot...
FPL Associates L.P. has completed its sixth annual Top 100 Analysis, based on the proxy filings of the 100 largest publicly traded real estate companies as measured by equity market capitalization (the “Top 100”). This study is the first of its kind within the industry to analyze year-over-year compensation trends for only those executives who have remained employed in the same position between years, in order to provide an accurate trend analysis....
The Locke Acquisition Group LLC announced today that it represented Sovran Self Storage, Inc. in its acquisition of Hendry Investments Inc.’s 21 self storage facilities operated under the trade name Lock-N-Key. Sovran Self Storage is a Real Estate Investment Trust listed on the NYSE under the symbol SSS. Sovran will operate the properties under its brand: Uncle Bob’s Self Storage. The portfolio, valued at $143 million, was acquired by Sovran through...
West End Interior Design Interior Design of the model unit for the West End Development for Equity Residential. Renderings by Tangram3DS. Originally uploaded by reillystudios
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Austro Group made its debut on the main board of the JSE at R1,62 today and quickly forged above R1,80 – an 80% premium to the R1 at which shares were placed ahead of the listing. That price gave the company a market capitalisation of R590,9m a distinct premium on the R400m estimated by the promoters before the listing. The company imports and distributes woodworking machinery and aims at headline earnings of R33,4m in the year to August 2007 –...
Citizen Machinery Co, a division of Citizen Watch Co, has formed an equity and business alliance with fellow Japanese company Miyano Machinery, following acquisition by Citizen of 29.9 per cent of the stock of Miyano. Citizen claims to be “clear world leader” in CNC sliding-head machine tool technology for material up to 32 mm bar size and Miyano, “clear leader” in high productivity fixed-head mill/turning in capacities between...