American Honda Motor Co. Certifies Five Green Buildings in U.S. This Year

American Honda Motor Co., Inc. has certified five new green buildings under the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) standards this year as part of an effort to further reduce the environmental impact of Honda’s operations and products in the U.S. One of these facilities – Honda’s Data Center in Longmont, Colo. – is the first LEED Version 2.2 Silver certified data center in the country. Data... 

Chartwell Completes Acquisition of Remaining Joint Venture Interests in Its Quebec Property Manager and Properties

Chartwell Seniors Housing Real Estate Investment Trust and Groupe Melior announced today that Chartwell has completed the acquisition of the remaining 50% interest owned by Residences Melior (an affiliate of Groupe Melior) in seven retirement properties in the Province of Quebec, as well as Melior’s 50% interest in the joint venture property management company managing all of Chartwell’s senior housing communities in Quebec. Under the... 

DuPont Fabros Technology, Inc. Closes $100 Million Secured Loan, Suspends Santa Clara Development and Reports Leasing Activity

DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,... 

DJM Realty to Dispose of All Remaining Linens ‘n Things Retail Store Leases and Distribution Centers in the U.S.

DJM Realty, a Gordon Brothers Group Company, announced that it has been selected to manage the national disposition of the remaining Linens ‘n Things 371 retail store leases and 3 distribution centers. The home furnishings specialty retailer Linens ‘n Things operated 551 U.S. locations in the beginning of 2008. On May 2, 2008, Linens ‘n Things filed to reorganize under Chapter 11 and since then DJM Realty has been disposing of the... 

“GH2” Hydrogen Collection Bladders

Regardless of how Hydrogen is produced, whether by chemical decomposition, extraction from natural gas or electrolysis of water, the resulting H2 gas requires safe and economical storage during the process. ATL proudly offers its “GH2” closed-loop bladders which accept and expel low-pressure Hydrogen through a safe and simple diaphragm action. These economical flex-containers are easily collapsed to purge any foreign gases, and are then inflated... 

Wildeck Introduces New Knock-Down Stairs

In addition to its high quality lineup of welded OSHA and IBC code-compliant stairs – offered with a Wildeck mezzanine or as a separate stair structure for a wide range of applications – Wildeck has introduced an economical and modular Knock-Down Stair system that can be easily assembled on the job site and installed in virtually any facility, including those where space is limited. According to Hubert Schlegel, Director of Marketing for Wildeck,... 

Prudential Mortgage Capital Company Closes $46.5 Million Loan in Mexico for Verde Realty

Prudential Mortgage Capital Company recently closed a $46.5 million loan in Mexico on behalf of its general account for Verde Realty. The fixed rate 84-month term loan was combined with an existing $93 million loan. The pooled portfolio comprises 22 industrial manufacturing properties located throughout Mexico, in Tijuana, Juarez, Reynosa and Chihuahua. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial,... 

New Liverpool Hilton – HVAC Ductwork Aims for Sustainability and Safety

Specialist HVAC contractor Senior Hargreaves is supplying the prestigious Liverpool Hilton Hotel with ventilation ductwork and smoke extract ductwork. The contract will ensure comfort and fire safety for guests and staff at the 215 bedroom hotel. Forty seven luxury apartments are included in the development. The hotel was designed by internationally acclaimed architects Aedas and Kier Build Limited is the main contractor. Opening is scheduled for... 

Ashford Hospitality Board Authorizes Additional $75 Million for Stock Repurchase Plan

Ashford Hospitality Trust, Inc. announced that the Board of Directors has authorized an additional $75 million of the Company’s common stock that may be purchased under its share repurchase program. The Company had recently completed substantially all of the repurchase of the $50 million previously allocated under its existing share repurchase program. Repurchases under the share repurchase program will be exercised from time to time, subject to... 

Forest City Closes $167 Million Financing for Downtown Brooklyn Residential Building

Forest City Enterprises, Inc. announced that it’s New York-based subsidiary, Forest City Ratner Companies, has closed on $167 million in construction financing for 80 DeKalb, a 335,000-square-foot residential building on DeKalb Avenue in downtown Brooklyn. The 34-story, Costas Kondylis-designed building is the first residential tower constructed by Forest City in Brooklyn. It is designed to achieve LEED certification and will include 73 affordable...