Carlton Advisory Services’ Chairman Howard L. Michaels announced that Carlton has been retained as the exclusive loan sale advisor to market and sell approximately $88 million of performing and nonperforming commercial mortgage loan assets on behalf of an institutional client. The Offering Solicitation is available now and indicative bids are due September 17, 2008. There are twenty performing and non-performing commercial loan assets. The portfolio...
Sunstone Hotel Investors, Inc. announced today that it has acquired 32.6 acres of land underlying its Renaissance Orlando Resort at SeaWorld, for a gross purchase price of $30.4 million. Prior to the acquisition by Sunstone, the land had been leased from a third-party. Ground rent under the lease is projected to be approximately $2.8 million in 2008. Sunstone acquired the land with available cash. Robert A. Alter, Chairman and Chief Executive Officer...
Inwindow Outdoor, the leader in storefront-based outdoor advertising, has created an outdoor display, or Storescape, for MTV in midtown Manhattan to help promote the network’s upcoming Video Music Awards which will be broadcast this coming Sunday. The company has taken vacant retail space at 317 Madison Ave. and transformed it into an interactive advertising display encouraging pedestrians to tune into the event. As people pass by the site, the...
Solidifi Inc., a leading technology-based provider of collateral valuation and risk management services to the mortgage lending industry, announced that expansion to nationwide appraiser coverage is ahead of schedule. Response from experienced appraisers coast-to-coast since Solidifi launched its registration process less than two weeks ago surpassed initial goals and is driving the development of the fastest growing network of quality appraisers...
The new block of the largest European lignite-fired power station in the Polish town of Belchatow, has been designed to generate 830 megawatts. The ultra-modern plant complete with flue gas desulphurisation and turbo-generator presents both a technical as well as structural engineering challenge for all those involved in the project. Because the construction of the power plant includes large-volume building dimensions with massive reinforced concrete...
Located in Lincoln Park on the city’s north lakefront, this building is an excellent and unusual surviving example of Chicago park architecture. Built in 1888 and designed by important architect Joseph L. Silsbee, the comfort station draws from the tradition of Victorian-era picturesque architecture. The Lincoln Park Zoo undertook the renovation of the building, and the project was funded in part with a Save America’s Treasures grant administered...
Gold Horse International, Inc.,, a multifaceted business group that controls and operates a construction company, real estate development business and a hotel in Inner Mongolia, China, today provided updates on two key real estate development projects in Inner Mongolia that are scheduled for completion in 2009. The construction cost of both projects combined is expected to be RMB 158 million ($23.2 million). The Company’s Inner Mongolia affiliate,...
Sweco has been selected to plan two new urban districts outside St. Petersburg, Russia, with high demands on a distinct environmental profile. The contract is worth nearly EUR 530,000. “We have once again been chosen for our expertise in planning sustainable societies. In this case, the client is seeking an explicit environmental focus combined with Scandinavian architecture and Western quality,” says Jan Mattsson, President of Sweco’s architectural...
Skanska is continuing with development of the Universitetsholmen in central Malmö. The office building, designated “Bassängkajen,” will be built in seven stories and comprise a total of 19,000 square meters in two stages. Skanska’s investment in the first stage involving 10,000 square meters amounts to about SEK 240 M and is scheduled to be completed in autumn 2010. The new property is expected to be one of the first in Malmö to fulfill the...
Property developer Eurosilex has taken its second prestigious international interior design accolade at a ceremony sponsored by Business Media Group CNBC. This adds to the Bentley Award the Bulgarian Black Sea-based company won in 2006. This award acknowledges Eurosilex’s constant attention to giving clients both quality and value, offering properties that are tailormade to the client’s requirements. Their expert approach eliminates the...
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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