American Realty Capital Enhances Account Management Services and Client Support through Conversion to State-of-the-Art Recordkeeping Platform

American Realty Capital announced today that it has completed the transition of recordkeeping for its real estate investment trust (REIT) products to DST Systems, Inc., the largest, third-party mutual fund shareholder recordkeeping service in the United States. The move will provide financial advisors and investors with comprehensive investment support; including 24/7 web-based account management services and an advanced transfer agency and recordkeeping... 

Williams Scotsman Expands Footprint in North America by Opening Four New Branches in Mexico

Williams Scotsman, the leading provider of modular space and storage solutions, today announced further expansion in Mexico with branch openings in Juárez, Hermosillo, Riviera Maya and Tijuana. “The new branch openings represent the company’s commitment to serving our Mexican customers in the manufacturing, mining, agricultural, and tourism-related fields,” said Nicholas Polit, country manager of Mexico. “With nine branch locations strategically... 

Omega Healthcare Announces Public Offering of 6,000,000 Shares of Common Stock

Omega Healthcare Investors, Inc. announced an underwritten public offering of 6,000,000 shares of its common stock. The last reported sale of Omega’s common stock on the New York Stock Exchange on September 15, 2008 was $17.23. Omega expects to use the proceeds to repay indebtedness outstanding under its senior credit facility, for working capital and general corporate purposes. Completion of the offering is subject to customary closing conditions.... 

Philips Lumileds Sheds New Light on Street Lighting in White Paper

Philips Lumileds today released “LEDs: Coming Soon to a Street Light Near You,” a new white paper that discusses the emerging use of power LEDs in street lighting and describes a demonstration design that yields lower total ownership costs, much improved lighting and significant energy savings — as much as 50% — over standard lighting technologies. The paper can be downloaded free of charge at www.lumileds.com/pdfs/WP14.pdf. Governments, municipalities... 

Prudential Mortgage Capital Company Closes $46.5 Million Loan in Mexico for Verde Realty

Prudential Mortgage Capital Company recently closed a $46.5 million loan in Mexico on behalf of its general account for Verde Realty. The fixed rate 84-month term loan was combined with an existing $93 million loan. The pooled portfolio comprises 22 industrial manufacturing properties located throughout Mexico, in Tijuana, Juarez, Reynosa and Chihuahua. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial,... 

Command Security Corporation Increases Presence in South Florida Through Two Additional Acquisitions

Command Security Corporation announced that it has completed the acquisitions of Eagle International Group, LLC (“EIG”) and International Security & Safety Group, LLC , providers of security services primarily in Broward and Palm Beach counties in Florida. EIG and ISSG have an aggregate of approximately 200 employees and estimated annual sales of approximately $5.0 million this year. Command Security acquired EIG and ISSG in order to expand... 

VIP Waterfront: Royal is Real – Majestic Property at Waterfront

In the UAE’s crowded real-estate market, VIP Waterfront is carving a niche for itself, selectively catering to an exclusive clientele that understands and appreciates royal standards of living. With a team of highly qualified, dedicated professionals experienced in the real-estate markets of Europe and USA, VIP Waterfront has now turned towards the UAE with a fresh perspective on indulgence, the property market, and some prime, luxury real estate... 

Interstate Electrical Awarded Autodesk Build-Out Project

Interstate Electrical has been selected by Tocci Building Corporation to be a member of the team that will execute the first IPD (integrated project delivery) project in the Northeast. IPD combined with effective Building Information Modeling (BIM) is a revolutionary and much more efficient way of developing, managing and delivering a construction project. In its purest form, IPD utilizes a common contract that extends to all participants such that... 

Perini Corporation Shareholders Approve Acquisition of Tutor-Saliba Corporation

Perini Corporation, a leading building, civil construction and construction management company, said its shareholders today approved the acquisition of Tutor-Saliba Corporation at the Annual Meeting of Perini shareholders. Perini announced that it expects to close the transaction on Monday, September 8, 2008. The proposal to approve the issuance of the shares in the merger was approved by over 88 percent of shareholders voting on the proposal. All... 

Cooper Lighting Introduces Halo® LED Recessed Lighting

Cooper Lighting, a division of Cooper Industries, Ltd. announces the addition of LED recessed lighting to its Halo downlighting product line. Designed for new construction and existing applications, the LED recessed lighting features a Halo LED module that installs into a new construction housing or into existing Halo and All-Pro housings. The new Halo LED downlight offers the benefits of energy savings, long life, improved quality of light, reduced...