Popular, Inc. announced today that its leading banking franchise in Puerto Rico, Banco Popular of Puerto Rico, has reached an agreement to purchase from R-G Mortgage Corp., a unit of R-G Financial, the third-party mortgage servicing rights to a mortgage loan portfolio of approximately $5.1 billion. The transaction is expected to close in the fourth quarter of 2008. “This transaction will further fortify our leading position in Puerto Rico and...
Practically everyone has seen television news coverage of homeowners hosing down their roofs while flames threaten to destroy their property. Wildfires cannot be avoided but proper building techniques have proven to greatly reduce the threat to homes and businesses. Concrete roof tile is an important part of the fire safe building equation. The 2007 wildfires in Southern California wreaked a path of destruction but there were communities where fire-safe...
General Growth Properties, Inc. announced another closing today as part of the staged funding of its $1.75 billion secured portfolio facility. This brings the total amount outstanding under the facility to $1.51 billion, thereby exceeding the funding level necessary to eliminate the reserve requirement and terminate any possibility that the Company would be obligated to make partial prepayments under the facility. The Company increased the initial...
Research and Markets has announced the addition of the “Property and Business Services in Australia” report to their offering. The IBISWorld Property and Business Services in Australia overview report is an in depth study containing statistics, trends, forecasts and competitor information. This overview report includes all units engaged in renting and leasing assets including commercial and residential property, motor vehicles and industrial...
Research and Markets has announced the addition of the “Homebuilding in Japan” report to their offering. Homebuilding in Japan industry profile is an essential resource for top-level data and analysis covering the homebuilding industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information. Scope - Contains...
Auchan new shopping centre, the newest and one of the largest Auchan shopping centres in the North of Italy, was opened on the 25th of August 2008 in Via Lario, Monza, occupying a total area of 30, 000 square metres. It is the “greenest” shopping centre as a large area is located underground, in order to cut down on heating and air conditioning energy consumption and to reduce its environmental impact on the area, which will also be enhanced with...
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,...
The European Wind Energy Association (EWEA) welcomes the Energy Committee (ITRE) of the European Parliament’s vote on the proposed Renewable Energy Directive. Earlier this morning the ITRE Committee voted overwhelmingly in favour of key amendments which will support the development of renewable energy to help achieve the 20% by 2020 target. Foremost among these are the quick development of all necessary physical connections to the grid, priority...
Tebodin Consultants & Engineers has won the contract for the design (consultancy services and detail engineering) of the Ras Laffan Emergency & Safety College in Quatar. This will be the world’s largest training center for fire fighting and rescue teams. The project is an initiative of Qatar Petroleum (QP), the largest oil and gas operator in Qatar. Tebodin’s offices in Abu Dhabi, Qatar and India (Tebodin Middle East) were awarded...
Woodland Homes of Huntsville is proud to announce the grand opening of the fourth annual Rocket City Dream Home. This year, the home will be in one of Woodland Homes’ newest communities, Foxfield. The home will be located at 107 Foxfield Drive in Madison, and it will be open from September 13th until September 20th. Hours of the home are 12 p.m. until 6 p.m. on both Saturdays, 1 p.m. until 5 p.m. on Sunday, and 12 p.m. until 6 p.m. from Monday until...