Centerline Capital Group Closes $131MM Loan Package with Fannie Mae

Centerline Capital Group, a subsidiary of Centerline Holding Company, an alternative asset manager focused on commercial real estate funds and financing, today announced it closed the last of nine multifamily housing loan transactions. All loans were transacted in 2008 with Fannie Mae under its DUS program on behalf of a single borrower for a total of $131 million. Centerline provided the refinancing for a portfolio of eight South County apartment... 

Industry Leaders Launch UJA-Federation of New York’s 2008 REX Premiere Event at the Puck Building’s Skylight Ballroom

UJA-Federation of New York will bring together 250 leading young professionals from New York’s real estate, construction, and allied trade industries, including developers, owners, brokers, attorneys, and investment strategists, for one of the most exclusive nights in the industry at its annual Real Estate and Allied Trades Division’s REX Premiere Event on Thursday, November 6, 2008, at 6:30 p.m. at the Puck Building’s Skylight Ballroom,... 

Cubellis’ Thomas P. Baglivo, AIA, NCARB, Appointed National Peer to U.S. General Services Administration (GSA)

Cubellis, an international architecture, interior design and engineering firm, announce that Thomas Baglivo, AIA, NCARB, Principal, Architecture and Interior Design has been appointed by GSA’s Commissioner of Public Buildings to serve on its National Register of Peer Professionals for the Design Excellence Program. GSA commissions architects and engineers to design new buildings and to modernize existing facilities for civilian federal agencies... 

Telkonet Wins Energy Management Contract with Columbia Sussex Hotel Group

Telkonet, Inc., the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, has won a prestigious contract with Columbia Sussex, the leading national developer and manager of more than 70 hotels and casinos across 30 states. Approximately 1,300 guestrooms in the Doubletree in Rochester, New York, the Sheraton in Philadelphia City Center, and the Westin... 

Cohen & Steers Funds Quarterly Data Now Available

Cohen & Steers, Inc. announced today that September 30, 2008 quarterly data for its open-end and closed-end funds, including portfolio holdings, is now available on the firm’s Web site, www.cohenandsteers.com. Quarterly data will be available on Cohen & Steers’ Web site each quarter no earlier than 15 days after quarter end. The information for Cohen & Steers’ funds includes pricing, performance, share price, NAV,... 

Tony and Jeff Vallone to Open New Restaurant in Weingarten’s River Oaks Shopping Center

Weingarten Realty Investors announced that iconic Houston restaurateurs Tony and Jeff Vallone will open a new signature bistro and wine bar at River Oaks Shopping Center in early fall 2009. The yet-to-be-named Italian restaurant and wine bar will be a highlight of the newly redeveloped northwest corner of the center, located at the intersection of Shepherd and West Gray. Featuring a first-floor dining room and outdoor dining area and a second level... 

Many Save on Utility Bills Indoors, but Not with Their Yard, Lawn, or Garden

While most (96 percent) of U.S. adults have personally adopted sustainable or energy efficient practices at home, comparatively fewer (58 percent) use energy or water saving techniques in their yard, lawn, or garden, according to a new national survey about sustainability. Conducted online by Harris Interactive® on behalf of the American Society of Landscape Architects (ASLA), the results were presented at the ASLA Annual Meeting and EXPO in Philadelphia. Of... 

GSLM Capital Partners Finalizes Investment in Mixed Income Project in Brooklyn

GSLM Capital Partners, a partnership between L&M Development Partners and Goldman Sachs’ Urban Investment Group (UIG), announced today that it has completed its investment in the Columbia Hicks project located in the Cobble Hill section of Brooklyn, New York. The $55 million investment will finance a mixed income apartment development totaling 150 units. Assistance for this project is being provided by The New York City Department of Housing... 

American Realty Capital Enhances Account Management Services and Client Support through Conversion to State-of-the-Art Recordkeeping Platform

American Realty Capital announced today that it has completed the transition of recordkeeping for its real estate investment trust (REIT) products to DST Systems, Inc., the largest, third-party mutual fund shareholder recordkeeping service in the United States. The move will provide financial advisors and investors with comprehensive investment support; including 24/7 web-based account management services and an advanced transfer agency and recordkeeping... 

WAC Lighting Introduces PURA Quick Connect Pendants Featuring a Unique Tone-on-Tone Design

Garden City, New York-WAC’s latest pendant design, the PURA, features a unique tone-on-tone Frosted Glass with white bubble motifs. WAC Lighting is a leading manufacturer of track, recessed, undercabinet, decorative and monorail lighting. PURA offers a concave glass shade for a unique decorative look. The new pendant is ideal for illumination above kitchen islands, counters, tables and displays. Using W.A.C. Lighting’s Quick Connect components,...