Wilshire Finance Partners has expanded its lending services to include funding for redevelopment of affordable housing nationwide. The surplus of vacant single family residences on the market, combined with a lack of Section 8 housing has created a window of opportunity to redevelop properties that will comply with affordable housing guidelines, according to Thomas OBryon, CEO. Unfortunately, funds are not being made readily available for redevelopment...
Regions Financial Corporation (NYSE:RF) announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship. As a result, Regions has taken steps including renegotiating the terms of mortgages, keeping families in their homes and allowing the company to maintain a foreclosure rate of less than one percent for residential first mortgages. “We have...
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...
Wind Energy America Inc. announced today that it has started ordering parts and commencing construction and interconnect operations to complete its wind farm project in Minnesota which contains two of the Gamesa wind turbines acquired in the Boreal Energy asset purchase. When commissioning of these two turbines is completed, WNEA will receive its first material revenues from generating utility-scale electricity from wind power. This Buffalo Ridge...
Commenting on the announcement (Wednesday) that Plymouth council tenants have voted to transfer their tenancies to a new housing association, Unite, the UK’s largest union, has warned that it will be watching to ensure that promises made to the tenants are kept. Peter Allenson, Unite national organiser for services sector, said: “We are bitterly disappointed with the news that Plymouth’s council tenants have voted to opt out of local...
San Francisco-based Project FROG®, a smart building start-up, announced today that it has closed an $8M Series B financing led by RockPort Capital Partners. The financing will enable the company to accelerate the product development and sales of its cutting edge, high performance building products and systems. “RockPort has a very impressive track record and we are excited to have them join the FROG team,” said founder and CEO Mark Miller. “Their...
MMFX Technologies Corporation, an Irvine-based materials science company, announces completion of a $55 million commitment in secured debt financing and receipt of final funding that was contingent upon the startup of its Welland, Ontario, Canada steel mill facility. MMFX had previously received $27 million of the financing. Axiom Capital Management Inc. acted as the procuring agent for the transaction. MMFX Steel of Canada opened ahead of schedule...
Windermere Real Estate announced today the unveiling of their new homepage and search interface on the company’s website, Windermere.com. The new website simplifies how consumers start their home search by featuring a clear and familiar method to Internet searches: a single search box. The new homepage can be seen at www.windermere.com. Windermere’s user-centered redesign is in response to consumer research which found that homebuyers...
Overbuilding and a high rate of foreclosures toppled Florida’s housing market, making it one of the worst in the nation. With ample supply to choose from, savvy buyers are turning their attention to bank-owned foreclosure auctions because they offer great deals. America’s largest foreclosed real estate auction firm, Hudson & Marshall will auction nearly 700 homes throughout cities in Florida December 2nd-7th. Approximately 120 homes...
Bridger Commercial Funding announced today that it has been retained as an expert advisor for certain Tenants-in-Common (TICs) who made investments in commercial real estate properties sponsored by DBSI. DBSI’s Chapter 11 bankruptcy filing in Delaware on November 10, 2008 may impact over 8,300 investors. “TIC investors that acquired interests in DBSI properties face potentially severe financial and tax consequences as a result of DBSI’s bankruptcy,”...
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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