Businesses Believe in Green Building Benefits, According to Report from McGraw-Hill Construction

McGraw-Hill Construction, part of The McGraw-Hill Companies, has released its latest SmartMarket Report, Commercial and Institutional Green Building. Key findings from the report, which covers market activity, key triggers and obstacles, show an increase in the perceived value of green building among architects, engineering firms, contractors and owners over the last three years, especially as related to financial benefits: — Decreases of... 

China Advanced Construction Materials Group Hires Gene Hsiao as Chief Financial Officer

China Advanced Construction Materials Group, Inc. a leading provider of ready-mix concrete in China, today announced the hiring of Gene Hsiao, CPA, as Chief Financial Officer and Vice President of Finance. Mr. Hsiao has extensive experience in both finance and management positions. Prior to joining China ACM, Mr. Hsiao was the Director of Finance and Consulting Manager at Milligan & Company, LLC, where he was responsible for audit and compliance... 

Intrinsyc Signs Agreement with Leading OEM to License Destinator(R) for Touch-screen Handset

Intrinsyc Software International, Inc, a leading provider of software solutions for mobile and embedded devices, today announced the signing of a software license agreement with a leading mobile phone and consumer device manufacturer. Intrinsyc will leverage its technology and Solutions Engineering expertise to customize and integrate its Destinator software to provide a complete navigation solution for a GPS-enabled Windows Mobile handset. The handset... 

ZipRealty Appoints Lanny Baker as Chief Financial Officer

ZipRealty, Inc. (Nasdaq: ZIPR ) announced that Lanny Baker has agreed to join the Company and will assume the role of Chief Financial Officer of the Company, effective December 1, 2008. David Rector, Senior Vice President, Chief Accounting Officer, and Chief Financial Officer, will remain with the Company as Senior Vice President and Chief Accounting Officer. Mr. Rector has been with ZipRealty since 2002 and has served in the role of Chief Accounting... 

Introducing the First Nationwide Program to ‘Green’ Foreclosed Properties

Viridian Asset Management, LLC (http://www.viridianasset.com) announced the national launch of its groundbreaking BankonGreen(TM) program designed to bring “green,” energy-efficient rehabilitation to properties owned by banks and financial institutions. BankonGreen(TM) is a one-of-a-kind program that links and streamlines traditional REO asset management services with cost effective, tangible energy efficiency improvements. Viridian is... 

Crystal Properties Holdings Inc. Announces Arizona and California Properties Are Targets for Purchase Offers

Crystal Properties Holdings Inc. Board of Directors has approved the issuance of offers for bank and other financial institution owned real estate in Arizona and California, in addition to Nevada. Major Banks including Indy Mac, Countrywide, Wells Fargo and Bank of America will be approached about properties in these markets. Peter Anello, president of Crystal Properties, stated, “The undervalued real estate in these states is overwhelming... 

Regions Program Helps Keep Residential Mortgage Foreclosures Low

Regions Financial Corporation (NYSE:RF) announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship. As a result, Regions has taken steps including renegotiating the terms of mortgages, keeping families in their homes and allowing the company to maintain a foreclosure rate of less than one percent for residential first mortgages. “We have... 

CWCapital Investments Hires Hugh Hall to Develop Mortgage Investment Business

CWCapital Investments (CWCI), a full service, commercial real estate investment management firm, announced that it has hired Hugh Hall as Managing Director. Hall will report to CWCI President Charles Spetka, and will be working to develop new capital sources and investment opportunities for CWCI, including the creation of a third-party, managed fund focused on mortgages and senior debt. Mr. Hall was a founder of Gramercy Capital Corp. and served as... 

Bill Hood Appointed Office Principal in Bakers Cary Office

Michael Baker Engineering, Inc., an engineering unit of Michael Baker Corporation (NYSE Alternext US:BKR) announced that Bill Hood, P.E., RLA, LEED AP, has been appointed office principal for Baker’s Cary, North Carolina, office. He will be responsible for operations management, office administration, financial management, project oversight and business development for all of Baker’s activities in Cary. Hood’s extensive experience with... 

T. Rowe Price Introduces Two New Global Strategies

T. Rowe Price (Nasdaq: TROW ) has expanded its global investment opportunities by launching the Global Large-Cap and Global Real Estate strategies. Individual and institutional investors can invest in the strategies through a retail fund and institutional strategy. Additionally, Advisor Class shares are available through financial intermediaries. The Global Large-Cap and Global Real Estate strategies will employ the firm’s demonstrated expertise...