
Pointing to a variety of new construction projects, developers of The Neighborhoods of World Golf Village are predicting a better 2010 for northern St. Johns County real estate. On queue for first quarter 2010 in World Golf Village is new custom homes in The Crest, a new spec home by Providence Homes in GroveWood, four new multi-unit buildings in Laterra Links and new construction in Cascades, an active adult retirement community. Says Sherry Davidson,...

A joint venture comprised of affiliates of Glenmont Capital Management, LLC and Resolution Services LLC announced today its acquisition of the Sheraton Orlando Downtown from the property’s lender. With 341 rooms and 20,000 square feet of meeting space, the hotel is Orlando’s largest downtown hotel. Well situated in the heart of downtown, the property is also only a short drive from Universal Studios and conveniently located directly off Interstate...

While many retailers are contracting or limiting expansion, 7-Eleven is aggressively growing and expects to add more than 200 new stores this year. Plans call for the company to accelerate store development over the next several years through organic growth, acquisitions and its Business Conversion Program. 7-Eleven has a multi-pronged approach to growth that includes in-line, end-cap space in shopping centers, freestanding stores, urban locations...

The Igo 30 has a total weight of less than 26 t, meaning it can travel with just one truck in most of its markets, lowering transportation costs. Manitowoc will exhibit its Potain Igo 30 self-erecting crane at Intermat 2009. The crane is built at the Manitowoc factory in Niella Tanaro, Italy. Vincent Milan, Manitowoc’s senior product manager for self-erecting cranes, said customers benefit from having all aspects of the Igo range engineered as a...

TridonicAtco is now offering its unique corridorFUNCTION for the TEone4all 105VA and 150 VA digital dimmable transformers. The corridorFUNCTION provides light on demand, particularly for 24-hour applications, and significant energy and cost savings. A lighting system with the corridorFUNCTION pays for itself in less than two years. At present, TridonicAtco is the only company that offers the corridorFUNCTION, the perfect solution for 24-hour lighting...
To ensure consistent chemical and mechanical properties when welding on critical X80 pipeline applications, Hobart Brothers offers its Hobart® Fabshield X80 self-shielded flux-cored welding wire. The Fabshield X80 creates welds with high tensile strength and excellent CVN (Charpy V-Notch) impact toughness that remain ductile at low temperature. Classified under AWS (American Welding Society) A5.29, class E81T8-Ni2 J, the Fabshield X80 wire provides...
American Community Properties Trust announced today that it has reached agreement on a third amendment to the Company’s sales agreement with Lennar Corp., and has sold its interest in a joint venture to the homebuilding company. The Company also announced that its Board of Trustees authorized a cash dividend of $0.10 per share on common shares outstanding. The dividend will be payable on December 29, 2008 to shareholders of record on December...
North American design firm Stantec announced it has offered to acquire Jacques Whitford, an environmental consulting services firm with more than 1,700 employees and 40 offices principally in Canada. The company’s trailing twelve month gross revenue is approximately C$230.0 million and net revenue is about C$170.0 million. The transaction, expected to be completed in January 2009, is subject to satisfactory due diligence, regulatory approvals,...
Shaken by the global credit turmoil, BC’s multi-family investment market faces a repricing of properties, according to Avison Young (Canada) Inc.’s “Fall 2008 BC Real Estate Multi-Family Investment Report”, released today. “There is now a standoff between purchasers, who in the wake of the global credit meltdown have changed their pricing expectations; and vendors, who are looking for yesterday’s pricing in a much...
An economy on the verge of total collapse. Residential real estate markets are either stagnant or in great decline across the country. The public is in dire need of promising news about real estate. If you ask Chad Goldwasser, the timing is perfect to start a new real estate venture. And his venture is dramatically different than anything the industry has ever seen before. Formerly Keller Williams Realty’s number one real estate agent, locally and...