Last week, Mayor R.T. Rybak was honored for his work as a strong champion of transportation improvements in the region by the Minnesota Transportation Alliance at the group’s Annual Meeting. This week, he’s up on YouTube, poking fun about his own driving while letting the Metro area in on an early holiday gift from Brookfield Properties–FREE parking at Gaviidae Common, every Saturday and Sunday, from Thanksgiving to Christmas. That’s right,...
American Realty Advisors announced that it has provided preferred equity financing to an affiliate of Quadrangle Development Corporation for the recapitalization of the Grand Hyatt Washington, an 888 room, luxury full-service hotel located in the burgeoning East End of Washington, DC. The investment was executed on behalf of one of American’s separate account clients. The Grand Hyatt Washington, built in 1987, underwent a full-scale guestroom,...
Each year, leaders from all walks of the building systems industry come together to discuss and present the latest and greatest building trends and systems. The big event, appropriately named SHOWCASE, kicked off this week in Memphis, TN with an Awards Ceremony recognizing Mountain Architects and PrecisionCraft as leaders in home design. The award-winning pair managed to walk away with two “Excellence in Home Design” awards. The brilliant...
RREEF Real Estate and Kennedy Wilson today announced that 901 Fifth Avenue in Seattle, WA, a 41-story 558,607 sq. ft office tower has achieved LEED-EB™ (existing building) Silver certification. The certification marks the completion of one of the largest environmental retrofits in the industry for an existing property and Seattle’s first full city block targeting LEED certification. The new ownership and management of Seattle’s 901 Fifth Avenue...
With a new administration, Washington, DC is in the midst of a housing transition and Marriott ExecuStay is ready with nearly 500 corporate apartments throughout the Washington, DC metropolitan area. A leader in corporate housing, Marriott ExecuStay has already begun assisting members of the transition teams with their temporary housing needs. Washington, DC is the largest corporate housing market in the country and with the administration change...
Martha Stewart Living Omnimedia and KB Home announced their newest project — an active adult community in La Quinta, California. These new KB homes created with Martha Stewart will represent KB Home’s first community built exclusively for adults 55 and over. “I’m very excited about our newest Martha Stewart community with KB Home created especially for mature adults who lead active lives,” said Martha Stewart. “As in all of our communities,...
Nexia Holdings, Inc. reported that on Tuesday, October 28, 2008 it signed a Letter of Intent with Alexander Lindale, LLC to acquire three lots of beachfront property in the Playa Palmeras tourist community. The purchase price of $310,000 will be paid with the issuance of 62,000 restricted shares of Series C Preferred Stock of Nexia. This development is the first on the Campeche Gulf Coast, located approximately 40 kilometers/24.8 miles from Campeche,...
Moreno Peelen Ruggie Pinto & Clark today announced that they have opened a new office in downtown Orlando. Recent growth in the wealth management practice required the expansion into the larger space. The new office is located within the Dynetech Centre Building at 111 N. Magnolia Ave. In order to commemorate the new office, a grand-opening celebration will take place on October 29, 2008. Several hundred guests are expected to attend. Partner...
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...
aloha! Starwood Hotels & Resorts Worldwide, Inc.® and its stylish, new lifestyle brand AloftSM hotels today announces it will break ground on an Aloft hotel in Mount Laurel, New Jersey. City officials, meeting planners and VIP guests are expected to attend the groundbreaking celebration on September 18, a gala event that will include live music by the Hegeman String Band, cocktails and lavish prizes. Owned by Delco Development and developed...