Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that it has designated the new shelf registration statement that it filed on November 6, 2008 with the Securities and Exchange Commission (the “Commission”) to replace the existing shelf registration statement that was previously designated on October 12, 2007 pursuant to the terms of the Registration Rights Agreement among it, Sunstone Hotel Partnership, LLC (the “Operating...
Kicking off the holiday season, Chef Wolfgang Puck hosted “the first Thanksgiving” at the most exclusive address in Los Angeles, The Ritz-Carlton Residences at L.A. LIVE. The critically-acclaimed chef and restaurateur performed a holiday cooking demonstration before a private audience of 50 in the professional Gaggenau kitchen, featured at the model vignette of L.A. LIVE’s distinctive residences. Showcasing the five-star ambiance...
MetLife Foundation and Enterprise announced the 2008 recipients of the MetLife Foundation Awards for Excellence in Affordable Housing this morning at the Enterprise Community Conference in Baltimore. Six community-based organizations were awarded a total of $180,000 for leadership, innovation, and effectiveness in the fields of supportive housing and property and asset management. Celebrating its 13th year, the MetLife Foundation Awards program has...
Oakwood Worldwide, the leading, global temporary housing provider, helps take the hassle out of locating temporary housing for displaced homeowners affected by the fires throughout California. Oakwood Worldwide is helping families find furnished apartments and homes with immediate occupancy, giving them a home-away-from-home feel along with expert assistance in working through the payment and reservation details with their insurance companies. “Doing...
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,...
Historic Real Estate Inc. is a leading real estate and economic development company based in Houston, Texas. Despite the severe national downturn in real estate development, causing many large-scale projects to halt or slow operations, Historic Real Estate is forging ahead with a multitude of high-profile economic and real estate development projects. The company’s principals have over 200 years of combined experience in creating top notch real...
Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an auction of 14 luxury residences located in lovely Escondido, a thriving urban environment, just 30 miles northeast of San Diego. The elegant 1 and 2-story, four and five-bedroom residences ranging from 2,900 to 4,049 square feet feature formal entry foyers, spacious family and living and dining rooms. Published reserves for...
The City of Santa Clarita is the most business-friendly city in Los Angeles County, according to the Los Angeles Economic Development Corporation (LAEDC). The award was presented to the City of Santa Clarita at the 13th annual Eddy Awards at The Beverly Hilton hotel in Beverly Hills. The City of Santa Clarita was recognized among a highly competitive group of cities with populations over 50,000, including Pasadena, Cerritos, Glendale, and Long Beach. “We...
Resource America, Inc. will be presenting at the Friedman, Billings, Ramsey & Co., Inc. Capital Markets Investor Conference on Tuesday, December 2, 2008 at 1:35 P.M. Eastern Standard Time in the Morosco Room at the Grand Hyatt Hotel in New York City. Jonathan Z. Cohen, President and CEO, will be presenting and answering questions afterwards. We invite all interested parties to join us for our presentation. About Resource America, Inc. Resource...
The new music and drama building, at Latymer Upper School in Hammersmith, beat off hundreds of competitors to take the prestigious 2008 Brick Awards. The Brick Awards is one of Britain’s most respected design competitions. Run by the Brick Development Association, the annual contest provides the definitive showcase for what brick can do. And Latymer School was up against some stiff competition. There were a record number of entrants this year, with...