Goldwasser Real Estate Set to Transform Industry with Focus on Quality Customer Experience Through Intense Agent Training and Technology

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... 

USG Corporation Announces Agreement to Sell $400 Million of Contingent Convertible Senior Notes

USG Corporation, a leading building products company, reported that it has entered into an agreement to sell a total of $400 million of 10 percent contingent convertible senior notes due 2018, $300 million to Berkshire Hathaway Inc. and $100 million to Fairfax Financial Holdings Limited. The notes will initially bear interest at a rate of 10 percent per annum. In accordance with New York Stock Exchange rules, USG will seek shareholder approval to... 

LandAmerica Moves Forward

LandAmerica Financial Group, Inc. announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. (“Fidelity”) has been terminated. Under the agreement, Fidelity had sole discretion to terminate on or before November 21, 2008. LandAmerica Chairman and Chief Executive Officer Theodore L. Chandler, Jr. said, “We are disappointed with Fidelity’s decision; however, our attention... 

Pulte Homes, Inc. Announces Amendments to Unsecured Revolving Bank Credit Facility

Pulte Homes, Inc. announced today that it has amended its existing unsecured revolving credit facility. This amendment decreases the facility size to $1.2 billion and makes modifications to certain financial covenants and definitions that provide Pulte Homes with greater flexibility. The maturity date of June 2012 remains unaffected. “The amended revolving credit facility is reflective of the current operating environment facing the housing... 

GFI Energy Ventures LLC Completes Sale of NORESCO to Carrier Corp.

GFI Energy Ventures LLC announced today the completion of the sale of its portfolio company, NORESCO, one of the largest providers of energy management and performance contracting services in the United States, to Carrier Corp., the world’s largest provider of HVAC and refrigeration solutions and a subsidiary of United Technologies Corp. NORESCO was previously owned by the OCM/GFI Power Opportunities Fund II, L.P., a private equity fund co-managed... 

CYC Construction and Remcon Move Into New Headquarters

CYC Construction and Remcon, Inc. will open for business December 1 in their new corporate headquarters at 10003 South 152nd Street, according to Operations and Business Development Director Shelly Jochim. The companies’ 250 employees will move into the two-story, 25,000-square-foot facility during the Thanksgiving holidays, Ms. Jochim said. The companies will continue operations throughout the transition, she added. “The new office will... 

Research and Markets: Prefabricated Building and Kit Home Manufacturing in Australia Is An In-Depth Study Containing Statistics, Trends, Forecasts And Competitor Information

Veolia Energy North America, a leader in sustainable energy services and facility operations and management solutions, is pleased to announce that it has entered into an agreement with MultiLayer Coating Technologies, LLC (MCT) to manage an on-site thermal energy plant at MCT’s newly acquired manufacturing facility in New Bedford, Massachusetts. Veolia Energy will also be providing energy procurement services to MCT. “In today’s market, industrial... 

Starwood Land Ventures Forms Joint Venture with Cold River Development Inc.

Starwood Land Ventures announces the formation of CoStar Land LLC, a joint venture partnership established to channel $75 million toward development opportunities in the 23-county Atlanta metro service area. CoStar marries the strengths of Starwood Land Ventures and Cold River Development, a holding company whose subsidiaries specialize in land development in Georgia and the Carolinas. “This is an exciting joint venture arrangement because it... 

Carrier Acquires Noresco to Expand Energy Solutions Capabilities

Carrier Corp., the world’s largest provider of heating, ventilation, air-conditioning and refrigeration solutions, and a unit of United Technologies Corp. has acquired Noresco, a leading independent energy services company. The acquisition was completed on Nov. 20. Terms of the deal were not disclosed. Established in 1984, Noresco has implemented thousands of efficiency and infrastructure upgrade projects that reduced energy and water consumption... 

Microsoft Announces the Winner of the Prestigious 2008 BizTalk Server National Award, Driving Customer Adaption

Each year, Microsoft awards the National BizTalk Server “Driving Customer Adaption” Award to 1 of just twenty-five Microsoft Virtual Technology Specialists. This year’s honor went to the team at Innovative Architects, a Microsoft Gold Certified Partner technology company in Duluth, GA. Innovative Architects has 2 out of the 4 Microsoft Virtual Technology Specialists in the Southeastern U.S. — Rich McCraw, VP of Technology and...