KUD International Developed Waldorf=Astoria to Open

The Bonnet Creek Resort adjacent to Walt Disney World, featuring a 500-room Waldorf=Astoria, a 1,000-room Hilton Hotel and a Rees Jones signature golf course, celebrates its grand opening November 12. The 428-acre project, developed by KUD International LLC, headquartered in Long Beach, Calif., also features a 249,000-square-foot conference center and a 25,000-square-foot Guerlain spa. Key elements of the Manhattan Waldorf=Astoria were recreated... 

Golden Square and Golden Villas Open in Pompano Beach

Water front views, Energy-Star appliances, cultured marble vanities and ceramic tile floors are just a few of the amenities that allow the Housing Authority of Pompano Beach and Pinnacle Housing Group to redefine the notion of affordable housing. On September 17th, Golden Square and Golden Villas, located at 1415 N.W. 18th Drive, introduced the new face of quality affordable rental communities. A Grand Opening and ribbon-cutting ceremony celebrated... 

Rain Bird to Showcase Earth’s Purest Form of Entertainment Through Its 2009 Tournament of Roses® Float– Entertaining Expedition

Now in its 13th year of bringing awareness to water conservation and environmental preservation through its participation in the annual Tournament of Roses Parade, Rain Bird, the leading manufacturer and provider of irrigation products and services, will once again pay tribute to the central role that water plays in sustaining all of the Earth’s inhabitants with its 2009 float entry, Entertaining Expedition. In accordance with this year’s Rose... 

Next Century Associates Announces $2 Billion Vision for Century City

Next Century Associates, LLC, a partnership between Los Angeles based real estate investor Michael Rosenfeld and an entity in the D.E. Shaw Group, today unveiled plans for a $2 billion mixed-use project on the 5.75 acre Century Plaza hotel site. The project will feature two soaring towers rising from a grand plaza with a 240 room Five Star hotel and 163 hotel residences, 130 luxury residential condominiums, 100,000 square feet of office, 106,000 square... 

EPA Drops Lawsuit Challenging Page Mill Properties Rent Hikes: So-called Illegal Rent Increases, Werent Illegal After All

After five consecutive court defeats, the City of East Palo Alto has agreed that rent increases initiated earlier this year by a major property owner are legal after all. Lawyers for East Palo Alto say the City will permanently dismiss claims against Page Mill Properties, which represents the investors and property owners of 1789 rental units in the Woodland Park neighborhood west of Highway 101 in East Palo Alto. “I’m pleased that these false... 

Cox Provides Telecom Services for Luxury High-Rise Development on U.S. Naval Base

When Pacific Beacon, a first-of-its-kind luxury on-base housing development, opens, the sailors in residence will have access to Cox Communications ( http://www.cox.com ) video, Internet and voice services. “In a unique agreement between the 32nd Street Naval Base and Clark Naval Communities, LLC, (CNC) the condo-style residences were built on base property for convenience, but have the residential amenities and the flexibility of luxury off-base... 

Mark Lewis Named CFO of MWVs Community Development and Land Management Group

MeadWestvaco Corp. announced Mark Lewis has joined the MWV Community Development and Land Management Group as the new chief financial officer, effective November 10. In this role, Mr. Lewis will focus on enhanced strategic planning, as well as overseeing financial analysis, reporting, and operations and information systems support. “The Community Development and Land Management group is growing a sustainable real estate business and providing sustainable... 

Mortgage Network Introduces MN 55+

Mortgage Network, Inc., the largest independent mortgage company in the Northeast, today announced MN55+. The new advisory service is designed specifically for the unique needs of today’s mature homeowners. The 55+ age group represents several unique market segments that exemplify major shifts in their views and perceptions on life, work, health and wellness, shopping, travel, technology and finances. In the face of declining investment portfolios,... 

On the Cusp of Black Friday, Colliers International Issues Semi-Annual Retail Report, Showing Marked Weakness in Retail Real Estate as 2009 Approaches

The U.S. retail market has undergone a sea change not experienced in this country since the early 1980s, according to the bi-annual Retail Real Estate Report issued today by Colliers International, a leading global real estate services firm. Due to recessionary conditions, retail real estate will be significantly afflicted for the remainder of this year and well into 2009, according to Colliers. Several reasons drive this monumental slowdown in retail... 

Pulte Homes, Inc. Announces Amendments to Unsecured Revolving Bank Credit Facility

Pulte Homes, Inc. announced today that it has amended its existing unsecured revolving credit facility. This amendment decreases the facility size to $1.2 billion and makes modifications to certain financial covenants and definitions that provide Pulte Homes with greater flexibility. The maturity date of June 2012 remains unaffected. “The amended revolving credit facility is reflective of the current operating environment facing the housing...