BCs multi-family investment market faces repricing as global economy downshifts

Shaken by the global credit turmoil, BC’s multi-family investment market faces a repricing of properties, according to Avison Young (Canada) Inc.’s “Fall 2008 BC Real Estate Multi-Family Investment Report”, released today. “There is now a standoff between purchasers, who in the wake of the global credit meltdown have changed their pricing expectations; and vendors, who are looking for yesterday’s pricing in a much... 

Jensen Precast Now Manufacturing Reinforced Concrete Pipe in Sparks, Nevada Facility

Jensen Precast recently installed machinery to manufacture Reinforced Concrete Pipe (RCP) in their Sparks, Nevada facility. The decision to make RCP came in early 2007, after many customers repeatedly asked them to supply it. “RCP is generally used for storm drain applications greater than 15 inches,” Lance Semenko, Senior Vice President of Engineering for Q & D Construction, said. “We specify RCP because it’s stronger... 

Fannie Mae Holds 21st Annual Help the Homeless Walkathon

November 22, thousands of people from the D.C. metropolitan area came together on the National Mall for the 21st annual Help the Homeless Walkathon. The Help the Homeless Program provides assistance to 165 organizations that work to prevent and end homelessness. The program also seeks to educate people about the issues facing homeless people. “We are facing one of the most serious housing and economic crises in our lifetime. In trying economic... 

Elgin Sweeper Introduces Alternative Fuel-Powered Pelican Sweeper

Elgin Sweeper, the leading manufacturer of street sweepers, has introduced a version of the legendary Pelican® three-wheel broom sweeper that may be powered by either compressed natural gas (CNG), liquefied natural gas (LNG), or liquefied petroleum gas (LPG) – also known as propane. In addition to being Elgin Sweeper’s flagship product, the Pelican has been America’s most popular urban street sweeper for generations. This three-wheel broom... 

ARCADIS designs new safety system Rotterdam Metro

ARCADIS, the international consulting, design, engineering and management services company, announced today that it will modernize the safety system for the Rotterdam subway network. The company, commissioned by U.S. corporation General Electric (GE), will design and test the safety system and manage the migration from the old to the new system. GE will deliver the software and the installation. GE is working on behalf of Rotterdam Electric Tram company... 

Starwood Land Ventures Forms Joint Venture with Cold River Development Inc.

Starwood Land Ventures announces the formation of CoStar Land LLC, a joint venture partnership established to channel $75 million toward development opportunities in the 23-county Atlanta metro service area. CoStar marries the strengths of Starwood Land Ventures and Cold River Development, a holding company whose subsidiaries specialize in land development in Georgia and the Carolinas. “This is an exciting joint venture arrangement because it... 

AUCTION – Builder Must Sell Two Homes to Avoid Foreclosure – Weddington and Waxhaw, NC

Foreclosure avoidance has forced the BUILDER AUCTION of two custom homes. Both auctions are set for Wednesday, December 3, 2008, one at 12 noon and the other at 3:30 p.m. Don’t miss this opportunity to name your price for these lovely properties! One is located in a gated community in Weddington, NC, and the other is in an equestrian community in Waxhaw, NC. Each home boasts exquisite detail throughout, including kitchens that are a cook’s... 

China Advanced Construction Materials Group Hires Gene Hsiao as Chief Financial Officer

China Advanced Construction Materials Group, Inc. a leading provider of ready-mix concrete in China, today announced the hiring of Gene Hsiao, CPA, as Chief Financial Officer and Vice President of Finance. Mr. Hsiao has extensive experience in both finance and management positions. Prior to joining China ACM, Mr. Hsiao was the Director of Finance and Consulting Manager at Milligan & Company, LLC, where he was responsible for audit and compliance... 

Movoto.com Expands Real Estate Search to Georgia

Movoto.com, announced the expansion of its innovative, turnkey, online home buying solution to include property listings in the state of Georgia, including the greater Atlanta (http://www.movoto.com/real-estate/ga/atlanta-info.html) region. Movoto.com provides first time and experienced home buyers with the Internet’s most comprehensive “start to finish” home buying solution with over 107,000 Georgia homes for sale (http://www.movoto.com/real-estate/homes-for-sale/georgia.html)... 

RSC Holdings Inc. Appoints Vice President of Managed Services

RSC Holdings Inc. (NYSE:RRR ) announced the promotion of Gordon McDonald to the position of Vice President of Managed Services. In this new role, he will be charged with supporting the recent success of the proprietary Total Control® equipment management software. The unique product is gaining market share among industrial companies, by offering cost savings and transparency to equipment rentals. “Gordon has thirty years leadership experience...