Capstone Quarters Student Condo Auction Results in $3.21 Million Sellout

Thursday’s auction of 29 units in the Capstone Quarters development was a complete sellout, with bidders snapping up all of the units for a combined $3.21 million. “We had a great product and a strong field of bidders. That led to an excellent outcome,” said Warren Ward, president of Albert Burney Auction Company, which managed the sale. Thursday’s sale was the second auction for the development. An auction in April had resulted in the sale... 

Price Legacy Corporation Declares Series 1 Preferred Stock Dividend

Price Legacy Corporation announced today that its Board of Directors declared a dividend of 29 cents per share payable on August 15, 2008 to Price Legacy 6.82% Series 1 Cumulative Redeemable Preferred (OTC: PLREP) shareholders of record on August 8, 2008. The Company is a subsidiary of PL Retail LLC, a joint venture between Kimco Realty Corporation (NYSE: KIM) and clients of DRA Advisors LLC.

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Classic Brown Console Mirror with Cherry Highlights – Grand Estate

The Grand Estate accent collection features the classic lines of traditional furniture with a fabulous handpainted effect that creates the look and feel of real leather and attractive metal scrollwork. The result is a graceful collection of furniture that blends well into almost all home decor. Features: Classic Lines Attractive Metal Scrollwork Handpainted Effect Creates Look And Feel Of Real Leather Finish: Classic Brown With Cherry Highlights... 

Decorative End Table – Grand Estates Collection – 4758-893 – (Classic Brown with Cherry Highlights)

“Grand Estates” is a superb collection of home furnishings designed to bring your home to a new level of sophistication, at an incredible value! Constructed of hardwood with hardwood veneers, this elegant furniture collection features classic lines with a fabulous hand-painted effect that creates the look and feel of real leather, complemented by attractive metal scrollwork. The result is a graceful furniture collection that resembles... 

Toll Brothers at Deutsche Bank Conference

Joel H. Rassman, Chief Financial Officer of Toll Brothers, Inc., the largest U.S. builder of luxury homes, will participate on the Homebuilders Panel at the Deutsche Bank 2007 Real Estate & Lodging Outlook Conference on Thursday, January 18, 2007 at 2:00 p.m.(EST). The Homebuilders Panel, which will be webcast live, can be accessed through the Investor Relations portion of Toll Brothers’ website, www.tollbrothers.com.

Spartan gets 6-year tax break on new machinery

Spartan Steel Coating has been given a 50 percent property tax break for six years on a $13.5 million investment in new machinery at its plant in Frenchtown Township. The township board voted 7-0 to approve the industrial facility’s tax exemption Tuesday afternoon following a brief public hearing. The six years starts in 2008. Dave Brandau, operations manager for the firm, said he was surprised the firm didn’t get the full 12 years allowed...