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... 

Embassy Suites Hotels Introduces Spacious One-Room Suite Concept

Embassy Suites Hotels, the international chain of upscale, all-suite hotels, unveiled its first one-room suite, designed to pack more room into a smaller space for today’s cost-conscious traveler and hotel developer. This new suite concept represents the first major room design change since the upscale brand’s launch 25 years ago. The new one-room suite design delivers the same amenities and upscale value to Embassy Suites guests, including a... 

W Hollywood Hotel & Residences Celebrates Topping out with Dramatic Public Ceremony

Today, luminaries of Los Angeles politics, entertainment and business gathered to celebrate the rise of Hollywood’s newest star at the iconic corner of Hollywood & Vine: the W Hollywood Hotel & Residences. The “topping out” ceremony offered a dramatic preview of the property in true Hollywood style; complete with aerial acrobats, streaming banners, plenty of cameras and a clear message: Get ready for the excitement coming in November... 

Businesses Believe in Green Building Benefits, According to Report from McGraw-Hill Construction

McGraw-Hill Construction, part of The McGraw-Hill Companies, has released its latest SmartMarket Report, Commercial and Institutional Green Building. Key findings from the report, which covers market activity, key triggers and obstacles, show an increase in the perceived value of green building among architects, engineering firms, contractors and owners over the last three years, especially as related to financial benefits: — Decreases of... 

Project FROG, Makers of Smart Building Systems, Closes Series B Funding with RockPort Capital Partners

San Francisco-based Project FROG®, a smart building start-up, announced today that it has closed an $8M Series B financing led by RockPort Capital Partners. The financing will enable the company to accelerate the product development and sales of its cutting edge, high performance building products and systems. “RockPort has a very impressive track record and we are excited to have them join the FROG team,” said founder and CEO Mark Miller. “Their... 

Green Building Could Triple by 2013, Says McGraw-Hill Construction

The U.S. green building market is accelerating at a dramatic rate, says McGraw-Hill Construction’s Green Outlook 2009: Trends Driving Change report, released today at the Greenbuild International Conference and Expo in Boston, MA. The value of green building construction starts was up five-fold from 2005 to 2008 (from $10 billion to $36-$49 billion), and could triple by 2013, reaching $96-$140 billion. McGraw-Hill Construction’s Green...