Stone & Youngberg Underwrites Landmark $145 Million Harbor Point Financing

Stone & Youngberg, a leading financial services firm, and Building & Land Technology, a Connecticut-based developer, today announced that they have completed a $145 million financing for the Harbor Point Project in Stamford, Connecticut, a pioneering smart growth project that has been awarded a LEED-ND Gold Certification by the U.S. Green Building Council. The project is nationally significant and will create thousands of jobs and generate... 

Transbay Joint Powers Authority Closes on $171 Million TIFIA Loan for Transbay Transit Center Project

The Transbay Transit Center Project reached another important milestone as the Transbay Joint Powers Authority (TJPA) closed on the $171 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the project. The loan was made possible based on the TJPA’s sound finance plans, favorable audits and positive credit reviews—requiring an investment grade credit rating. The loan will fund 14 percent of the project’s $1.2 billion... 

NeighborWorks America Honors HUDs Assistant Secretary for Housing/FHA Commissioner Brian D. Montgomery with the 2008 Government Service Award for Meritorious Service

NeighborWorks® America announced that Brian D. Montgomery, Assistant Secretary for Housing and Federal Housing Commissioner of the U.S. Department of Housing and Urban Development (HUD), is the recipient of the 2008 NeighborWorks® Government Service Award for Meritorious Service. The NeighborWorks Government Service Award is an honor that recognizes elected or appointed officials at the local, state, and federal levels who have made significant... 

Introducing the First Nationwide Program to ‘Green’ Foreclosed Properties

Viridian Asset Management, LLC (http://www.viridianasset.com) announced the national launch of its groundbreaking BankonGreen(TM) program designed to bring “green,” energy-efficient rehabilitation to properties owned by banks and financial institutions. BankonGreen(TM) is a one-of-a-kind program that links and streamlines traditional REO asset management services with cost effective, tangible energy efficiency improvements. Viridian is... 

Cominar Real Estate Investment Trust Announces November 2008 Monthly Distribution

Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) announced today a distribution of 12.0 cents per unit to unitholders of record as at November 28, 2008, payable on December 15, 2008. PROFILE as at November 17, 2008 ——————————- Cominar is the largest commercial property owner in the Province of Quebec. The REIT owns a real estate portfolio of... 

MINT Income Fund – Rights Offering

MINT Income Fund is pleased to announce that it has filed a final prospectus in connection with an offering of Rights to its unitholders to subscribe for Units (the “Rights Offering”). Unitholders of record at the close of business (Toronto time) on November 24, 2008 will receive one Right for each MINT Unit held on the record date. The Rights will commence trading on the Toronto Stock Exchange under the symbol MID.RT.A on November 20,... 

Chartwell Completes Acquisition of Remaining Joint Venture Interests in Its Quebec Property Manager and Properties

Chartwell Seniors Housing Real Estate Investment Trust and Groupe Melior announced today that Chartwell has completed the acquisition of the remaining 50% interest owned by Residences Melior (an affiliate of Groupe Melior) in seven retirement properties in the Province of Quebec, as well as Melior’s 50% interest in the joint venture property management company managing all of Chartwell’s senior housing communities in Quebec. Under the... 

Artis Real Estate Investment Trust announces change to blackout policy and update on normal course issuer bid activity

Artis Real Estate Investment Trust announced that its board of trustees has approved a temporary partial waiver of its blackout policy that applies to trustees, management, staff and other related parties. Under the temporary partial waiver trustees, management, staff and other related parties will be permitted to trade in trust Units (“Units”) provided that they are not in possession of material undisclosed information relating to the... 

Immediate Action Needed to Protect Retirement Portfolio Principle; Keep Returns Ahead of Inflation Lear Capital Expert Advises

Maintaining principal and preserving purchasing power are essential factors in retirement portfolios. However, due to the mortgage fallout, the banking crises, and the stock market volatility, Americans have lost $2 trillion worth of retirement savings this year. “This crises could last five or ten years creating incredibly high inflation,” said Kevin DeMeritt, president of Lear Capital and Wilshire Finance Partners; and author of The Bulls, The... 

Chicago’s Historic Places Revitalized; 22 Properties to Be Honored at Landmark Preservation Awards

The mansions of magnates, the hotel of presidents, the turn-of-the-century homes of Chicagoans, and other community treasures have recently been restored with special attention to historic architectural features. These and other Landmark buildings and their owners, 22 in all, honored today with the Chicago Landmark Award for Preservation Excellence. ADVERTISEMENT “It’s an honor to recognize these outstanding citizens who are truly dedicated...