Weingarten Realty Investors and Hines Real Estate Investment Trust, Inc. (“Hines REIT”) announced the formation of a joint venture transaction in which a subsidiary of Hines REIT will acquire a 70% interest in a WRI portfolio of 12 high-volume supermarket-anchored shopping centers. The aggregate transaction price is approximately $271 million and the transaction will close on multiple dates. The initial closing occurred on November 13,...
A press release issued yesterday by ForSaleByOwner.com contained inaccuracies and misleading statements about its ability to place unlisted for-sale-by-owner information on REALTOR.com, the official Web site of the National Association of Realtors® operated by Move Inc. (Logo: http://www.newscom.com/cgi-bin/prnh/20080923/NARLOGO) NAR and REALTOR.com are setting the record straight with the following clarifications: * The settlement agreement...
The Connors Group announced today the re-launch of financial blogging website The Money Blogs. Featuring the insight of financial experts from a variety of fields, The Money Blogs is set to update daily with news, how-to’s and information on all things money. The launch comes amid a looming global recession and at a time when people are looking to find the best financial information in one place. The Connors Group also announced the initial lineup...
Microfluidics International Corporation announced today that the Company has secured $5.0 million of financing via a convertible debenture from a strategic investor. “This financing provides significant working capital to support the Company’s strategic plan for growth, including research and development initiatives to bring new products and services to the market for our customers,” said Michael C. Ferrara, President and Chief Executive Officer...
CGI Real Estate Holdings, LLC, a Bloomington Indiana-based Cook Group company, purchased two buildings in downtown Canton, in June. The Randolph building, built in 1883, located at 3 & 5 East Side Square and 15 East Side Square are now being renovated. “These are great old and once-vibrant buildings. It will be a joy to bring life back to them,” said Jim Murphy, President, CFC. Inc., Cook Group’s real estate development and management company. CFC,...
The Law Offices of James A. List, LLC recently opened in Towson, MD at 401 Washington Avenue, Suite 802. The firm’s founder and principal, James A. List, is a business and estate planning attorney with more than two decades of experience in the legal profession. List has worked in regional and national law firms, as well as served as in-house counsel. List, who represents companies throughout the Mid-Atlantic region, aims to be a partner and...
Equity Based Services, Inc. announced an equity recapitalization of its AMS IV Self Storage facility in Austin, TX. The property was originally financed by a large European Bank and was refinanced with a Regional Midwestern Lender. “Lenders are definitely more cautious than they were a year ago, but, we are still closing loans. We are placing debt not only on new acquisitions, but also on existing projects which are generally difficult to refinance....
CBRE Realty Finance, Inc. announced that the Company was notified by the New York Stock Exchange that it will permanently suspend trading of the Company’s common stock as of the close of market on November 7, 2008. The delisting is the result of the fact that the Company has fallen below the NYSE continued listing standard regarding average global market capitalization over a consecutive 30 trading day period of at least $25 million. As of November...
The Federal Housing Finance Agency (FHFA) announced that the “new” conforming loan limit for 2009 will remain at $417,000 for most areas in the U.S., unchanged since 2006. Loan limits for high-cost areas, including California, are capped at $625,500, down from the previous $729,750 limit. Loan limits for many areas of the state do not reach this lower threshold and are dramatically reduced from 2008. “Although price declines mean that the total...
The event was sponsored by the Canadian Woodlands Forum and hosted by Ledwidge Lumber on gently rolling, forested land near Halifax, Nova Scotia. Over 6,100 loggers and their families came to see machine demonstrations and learn about related forestry products presented by 115 companies. About half way through the 1.8-mile loop, a huge banner with the black and Caterpillar yellow logo announced the site. The pathways leading up to Cat’s tent brought...
The Contour Lounge Chair by Murillo
Murillo, the Philippines based manufacturer has been involved in manufacturing furniture and...
Contemporary Office Designs from Triple Five Design
Looking for modern interior inspiration for your office, here we got some preview of the contemporary...
The Gallery House designed by architect Richard Librach
Today’s modern house inspiration is coming from Richard Librach Architect, Toronto-based...
The Riedel Amadeo Decanter from Williams-Sonoma
Williams-Sonoma, the company that serves cookware, cooks stool, cutlery, electrics, bakeware,...
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