KB Home and Martha Stewart Introduce New Active Adult Community in La Quinta, California

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,... 

REALTORS(R) Help Buyers, Sellers, With Short Sales Solutions

When families lose their homes to foreclosure, communities, the housing market and the economy all suffer. Short sales are one way that some troubled homeowners can avoid foreclosure, and Realtors® at the Short Sales Solutions session today at the 2008 REALTORS® Conference & Expo gained valuable insights into how to facilitate these complex sales. “Homeowners who are struggling to make their mortgage payments must have more options available... 

Mayor Chuck Reed Presents Inaugural San Jose Prize for Green Vision Innovation to Winners of California Clean Tech Open

San Jose Mayor Chuck Reed at a press conference today announced that the inaugural San Jose Prize for Green Vision Innovation will be awarded to the 2008 California Clean Tech Open winners. Announced last night at the Clean Tech Open’s third annual awards gala, the winners and runners up include: Over the Moon Diapers, Viridis Earth, BottleStone, Focal Point Energy, Power Assure, ElectraDrive, Porifera, NexChem, GroundSource Geo, Solar Red,... 

Nexia Signs Letter of Intent to Acquire Beachfront Property in Mexico

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,... 

URDANG and Onyx Equities Sell White Plains, NY, Office Building for $82 Million

URDANG, part of BNY Mellon Asset Management, and Onyx Equities, LLC, have completed the sale of a 320,000-square-foot office building in White Plains, New York, for $81,775,000. The multi-tenant, fully occupied building at 1311 Mamaroneck Avenue had been part of the URDANG Value-Added Fund, L.P. portfolio, a real estate investment vehicle formed by URDANG Capital Management, Inc. to acquire a portfolio of value-added properties located throughout... 

Stewart Lender Services Announces the Expansion and Restructure of the National Sales Team

Stewart Lender Services, Inc. (SLS), a wholly owned subsidiary of Stewart Title Company announced the strategic restructure of the National Sales Team to develop lending and default services to meet changing needs to the nation’s lenders. Leading the sales force is industry veteran Len Franco. Franco is responsible for long-term strategic planning and management of SLS’s national account executives focusing his attention on increasing performance... 

MLSListings Launches Strong Authentication System

MLSListings Inc, a Silicon Valley-based regional Multiple Listing Service (MLS), announced the launch of an innovative online security initiative featuring the A-OK On-Demand service from Arcot Systems. Selected for its ease of use and powerful capabilities, the A-OK On-Demand service transparently protects the identities and data of MLSListings’ users. MLSListings is using this solution for user identity verification as part of MLS data security... 

Atlas Copco Wins Rock Reinforcement Order from LKAB in Sweden

Atlas Copco has won an order to supply the mining company LKAB with equipment for rock reinforcement, to increase safety at its mines in Kiruna and Malmberget, Sweden. The value of the order, which includes an extensive service agreement, is about MSEK 140. The order was received in the fourth quarter. The full service agreement runs for three years and will guarantee availability for all units. LKAB will use the equipment to implement an action plan... 

Hill International Increases Revolving Credit Facility with Bank of America to $60 Million

Hill International, the global leader in managing construction risk, announced that it has entered into an amendment to its existing revolving credit agreement with Bank of America, N.A., increasing the limit of Hill’s revolving credit facility from $35 million to $60 million. “This expansion of our credit facility with Bank of America is an important next step,” said Irvin E. Richter, Hill’s Chairman and Chief Executive Officer. “The increased... 

Citi Capital Strategies Advises TMI Custom Air Systems and Miller-Sage, Inc.

TMI is the industry leader in manufacturing and installing highly customized air handling systems sold to the commercial, institutional, and industrial markets; its sister company Miller-Sage provides mechanical contracting and installation for these and other systems. TMI announced today its acquisition by MiTek, Inc. the world’s leading supplier of state-of-the-art engineered connector products, equipment, software, and services for the building...