ogarawo.wordpress.com
In a joint press released Monday, the Fort Lauderdale-based companies said they entere into a merger agreementr whereinWoodbridge (Pink Sheets: WDGH) would become a wholly owned subsidiary of BFC (Pinkm Sheets: BFCF). BFC currently controlss majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenue of $487.5 million in 2008. Woodbridge owns , which is buildinbg Tradition Florida inPort St. and has investments in variousa companies includingand . Woodbridgw lost $140.3 million on revenue of $25.5r million in 2008.
In its first quarter earnings report, Woodbridge warnerd that Core Communities could default on the loans for Traditiobn Florida if its lenders demand that it put more equitycapitakl down. Under the merger deal, all shareholders of Woodbridge Class A common stock except BFC woulddreceive 3.47 shares of BFC’s Class A common stoco per share. With sharez of BFC opening at 40centse Monday, it equals nearly $1.39 a share for each share of Woodbridge, which openes at $1.10 Monday. Levan and Abdo are chairmanh andvice chairman, respectively, of both companies. The mergedr would save between $1 million and $2 millionn in professional fees and SEC reportinb costs forthe companies, Levan said.
It would also reducwe the taxes Woodbridge would pay on its earnings once it returnseto profitability, he said. Currently, Woodbridg e pays taxes on its earnings, and then BFC pays taxee on the portionof Woodbridge’ss earnings that it counts on its balancde sheet. The move will not cause any staff reductions, Levan Woodbridge will continueoperate independently. The agreementy would include all current boardd members of Woodbridgeon BFC’ss new board and add Woodbridge President Seth Wise and BankAtlantic Bancorp President Jarett Levaj to BFC’s 12-member as well. Wise would also becomre executive vice presidentof BFC. The deal is expecterd to close before the endof 2009.
BFC sharez closed unchanged at40 cents. The 52-week high was 95 centz on Sept. 2. The 52-week low was 6 cents on Feb. 5. Woodbridge sharesa closed down 2 centsto $1.08. The 52-weeok high was $6.60 on Aug. 21. The 52-weel low was 2 centsd on Oct. 24.
Friday, November 30, 2012
Tuesday, November 27, 2012
Bollywood Journal: The Emotional Core of 'Talaash' - Wall Street Journal (blog)
sucujovide.wordpress.com
Wall Street Journal (blog) | Bollywood Journal: The Emotional Core of 'Talaash' Wall Street Journal (blog) I wanted to move the viewers by showing the darker side to the human emotions we're so used to seeing in Bollywood movies… Also, I don't want viewers to simply sit and watch, I want them to identify with the emotions of loss and pain that the ... |
Monday, November 26, 2012
Free-agent pitchers have reason to smile - MLB.com
houston-nearly.blogspot.com
Free-agent pitchers have reason to smile MLB.com When the New York Yankees re-signed Hiroki Kuroda, the new deal was good for the Yankees, good for Kuroda, and probably good for every starting pitcher of any worth in the current free-agent market. Kuroda signed a one-year contract with a reported ... |
Sunday, November 25, 2012
Separation was tough on both of us, reveals Aamir Khan - Hindustan Times
kleopatraxnibe.blogspot.com
Hindustan Times | Separation was tough on both of us, reveals Aamir Khan Hindustan Times Television. Separation was tough on both of us, reveals Aamir Khan. Kavita Awaasthi, Hindustan Times Mumbai, November 24, 2012. Email to Author. First Published: 16:52 IST(24/11/2012) Last Updated: 16:58 IST(24/11/2012) ... |
Friday, November 23, 2012
Cotton crop shows minimal improvement - LubbockOnline.com
adamovaichive.blogspot.com
Cotton crop shows minimal improvement LubbockOnline.com Lubbock's ongoing drought has resulted in minimal improvement of the 2012 cotton crop according to area ginners and producers. “Five years ago we would have been thankful for this crop,†said Lubbock Cotton Growers manager Jerry Butman. Butman said ... |
Thursday, November 22, 2012
Ex-'Price is Right' model gets $8.5M in damages - USA TODAY
sucujovide.wordpress.com
E! Online | Ex-'Price is Right' model gets $8.5M in damages USA TODAY 2012 - LOS ANGELES (AP) â€" The producers of "The Price is Right" owe a former model on the show more than $7.7 million in punitive damages for discriminating against her after a pregnancy, a jury determined Wednesday. The judgment came one day ... Price Is Right Mod el Brandi Cochran Awarded $7.7 Million in Damages in ... Ex-'Price is Right' model gets $7.7M in damages 'Price Is Right' model wins $7.7M in discrimination, wrongful termination lawsuit |
Tuesday, November 20, 2012
Fed report: Texas manufacturing still weak - Houston Business Journal:
retention-jackjacks.blogspot.com
The report said 53 percent of manufacturin executives surveyed reported weaker market conditions in Marc and 43 percent said they experienced no improvemenrtfrom February. However, the repor indicates hope for themonths “Several indicators of future activity suggesyt that the region’s manufacturerd expect declines in factory activityg to ease over the next six the Federal Reserve Bank of Dallas said in its latest repor on manufacturing.
“Indexes for future production, capacity shipments, new orders and growth rate of orders improved modestlg for the fourthconsecutive month, and 40 percent of manufacturingh executives foresee increases in production six months from Labor remains a trouble spot, the report says, with demand for labor in manufacturing remaining weak. More than half of the firmds surveyed said they implemented job cuts and the averagr workweek fell for employeesin March, the Fed report The industry also noted that downward price pressures with 50 percent noticing a drop in input pricesa and 34 percent sellinfg their goods for lower In addition, the report says the index for materialx inventories fell to its lowest reading since the survey firstr began in 2004, with 30 percent of manufacturers noting decliness in their finished goodas inventories, the report said.
The report said 53 percent of manufacturin executives surveyed reported weaker market conditions in Marc and 43 percent said they experienced no improvemenrtfrom February. However, the repor indicates hope for themonths “Several indicators of future activity suggesyt that the region’s manufacturerd expect declines in factory activityg to ease over the next six the Federal Reserve Bank of Dallas said in its latest repor on manufacturing.
“Indexes for future production, capacity shipments, new orders and growth rate of orders improved modestlg for the fourthconsecutive month, and 40 percent of manufacturingh executives foresee increases in production six months from Labor remains a trouble spot, the report says, with demand for labor in manufacturing remaining weak. More than half of the firmds surveyed said they implemented job cuts and the averagr workweek fell for employeesin March, the Fed report The industry also noted that downward price pressures with 50 percent noticing a drop in input pricesa and 34 percent sellinfg their goods for lower In addition, the report says the index for materialx inventories fell to its lowest reading since the survey firstr began in 2004, with 30 percent of manufacturers noting decliness in their finished goodas inventories, the report said.
Monday, November 19, 2012
Mo. gambling revenue for schools to be less than projected - St. Louis Business Journal:
aleksanovlsys.blogspot.com
Gene McNary, executive director of the , said Mondag that based on year-to-date revenue he expects an additionao $30 million this year from the repeal ofthe $500-in-two-hourzs loss limit, down from the the commission had projecteed earlier. “Those were pre-recession projections,” he said. “We think that when the economyrecovers , people will not only have more money in theirr pocket, they will also be less fearful of the Still, he said, gambling revenue in Missouri is up 10 percenyt so far this year comparedr to last year. Revenue from St.
Louis particularly , is up between 15 percent to 20 percent, he “We are one of the few states that aren’t in the red,” said McNary, who pointed to struggling Las Vegaw and Atlantic City casinosfor comparison. For March, the most recen t month for which complete data is thesix Louis-area casinos, which includre two in Illinois, compared to a year ago. But St. Louis casinoes enjoyed revenue increases inand in
Gene McNary, executive director of the , said Mondag that based on year-to-date revenue he expects an additionao $30 million this year from the repeal ofthe $500-in-two-hourzs loss limit, down from the the commission had projecteed earlier. “Those were pre-recession projections,” he said. “We think that when the economyrecovers , people will not only have more money in theirr pocket, they will also be less fearful of the Still, he said, gambling revenue in Missouri is up 10 percenyt so far this year comparedr to last year. Revenue from St.
Louis particularly , is up between 15 percent to 20 percent, he “We are one of the few states that aren’t in the red,” said McNary, who pointed to struggling Las Vegaw and Atlantic City casinosfor comparison. For March, the most recen t month for which complete data is thesix Louis-area casinos, which includre two in Illinois, compared to a year ago. But St. Louis casinoes enjoyed revenue increases inand in
Sunday, November 18, 2012
Hemispherx getting closer to satisfying application issues - Philadelphia Business Journal:
ernstiryastrov.blogspot.com
In December, the Food and Drug Administrationn told Hemispherx its application forAmpligehn -- a controversial new drug candidate that has been undedr development for more than three decadesd -- was incomplete. Hemispherx officials said part of the problenm with its filing was tied to changex in clinical data reporting guidelines that have occurred sincre the initial studies on Ampligen were conductex in the late 1980s andearly 1990s. The company has subsequentlty submitted a clarifying amendmenf to its application and hada face-to-facse meeting with FDA officials. Hemispherx, led by Dr.
William said it has reducesd the number of items it now must accomplish to submiy a complete NDA from the original 14 to The company said it plansto "promptly" address the remaininyg five items through a series of additionalo amendments to its new drug application. The unresolved itemsw all relateto clarifying, or providing clinical trial data. "Whil the company is optimistic as to the progresss of the NDA there are no assurances that the FDA will accepty the amended NDAfor review, and if acceptecd there are no assurances that the NDA will be Hemispherx said in a Hemispherx's submission includes studuy data covering more than 1,200 patientsx who were administered more than 90,000 doses of BioNJ is joining forces with the New York Biotechnologu Association for a networking cruise on the Hudsonj River.
The "NewX2 will take place March 25 aboarrd the World YachtPrincess Vessel. Sol Barer, chairmanm and CEO of Celgene Corp., and Colin CEO of OSI Pharmaceuticals, will be the featured speakers forthe events. Tickets are $150 for membere of the biotech trade groupsand $105 for nonmembera ... of Fort Washington hired Dr. Richarc Gregg as chief science officer. Gregg was previouslyh with Bristol Myers-Squibb, wher e he was vice president ofclinical Gregg's appointment is part of a formal succession plan to allows Vitae co-founder Dr.
Jack Baldwin to step back from day-to-dau oversight of the company's research programw and focus onthe Vitae's long-terkm strategic, scientific and technical planninhg ... Joel F. Smith was named chairmah of Elkins Park-based BioStrategy Partners a nonprofit service organization thatassists early-stag e life sciences companies in the region. Smith succeedsd former chairwomanPatricia Weeks, who recently retirec as vice president of planningf and business development at . Weeke was named chair emeritus of Smith is principaland co-founder of The People Source a finance, human resources and information technology consulting firm basedx in Maple Glen ...
of Malvern initiated of a multicente r clinical trialfor Reslizumab, its experimentall treatment of eosinophilic esophagitis in pediatridc patients. Eosinophilic esophagitis, a conditionj for which there isno cure, is a chronic inflammatory diseasr characterized by difficulty swallowing, stomach or chest pain, and a failur to thrive. Ception's goal is to enroll aboug 172 patients intoits phase-II/III clinical Phase III trials are the last step a company takes before seeking approval for a new drug candidate ...
receiver notification from the NASDAQ stock market that the companyg has regained compliancewith NASDAQ'ws $1 minimum bid price requirement for continued The Montgomeryville medical device maker had till May 19 to regainj compliance with the minimum bid price rule.
In December, the Food and Drug Administrationn told Hemispherx its application forAmpligehn -- a controversial new drug candidate that has been undedr development for more than three decadesd -- was incomplete. Hemispherx officials said part of the problenm with its filing was tied to changex in clinical data reporting guidelines that have occurred sincre the initial studies on Ampligen were conductex in the late 1980s andearly 1990s. The company has subsequentlty submitted a clarifying amendmenf to its application and hada face-to-facse meeting with FDA officials. Hemispherx, led by Dr.
William said it has reducesd the number of items it now must accomplish to submiy a complete NDA from the original 14 to The company said it plansto "promptly" address the remaininyg five items through a series of additionalo amendments to its new drug application. The unresolved itemsw all relateto clarifying, or providing clinical trial data. "Whil the company is optimistic as to the progresss of the NDA there are no assurances that the FDA will accepty the amended NDAfor review, and if acceptecd there are no assurances that the NDA will be Hemispherx said in a Hemispherx's submission includes studuy data covering more than 1,200 patientsx who were administered more than 90,000 doses of BioNJ is joining forces with the New York Biotechnologu Association for a networking cruise on the Hudsonj River.
The "NewX2 will take place March 25 aboarrd the World YachtPrincess Vessel. Sol Barer, chairmanm and CEO of Celgene Corp., and Colin CEO of OSI Pharmaceuticals, will be the featured speakers forthe events. Tickets are $150 for membere of the biotech trade groupsand $105 for nonmembera ... of Fort Washington hired Dr. Richarc Gregg as chief science officer. Gregg was previouslyh with Bristol Myers-Squibb, wher e he was vice president ofclinical Gregg's appointment is part of a formal succession plan to allows Vitae co-founder Dr.
Jack Baldwin to step back from day-to-dau oversight of the company's research programw and focus onthe Vitae's long-terkm strategic, scientific and technical planninhg ... Joel F. Smith was named chairmah of Elkins Park-based BioStrategy Partners a nonprofit service organization thatassists early-stag e life sciences companies in the region. Smith succeedsd former chairwomanPatricia Weeks, who recently retirec as vice president of planningf and business development at . Weeke was named chair emeritus of Smith is principaland co-founder of The People Source a finance, human resources and information technology consulting firm basedx in Maple Glen ...
of Malvern initiated of a multicente r clinical trialfor Reslizumab, its experimentall treatment of eosinophilic esophagitis in pediatridc patients. Eosinophilic esophagitis, a conditionj for which there isno cure, is a chronic inflammatory diseasr characterized by difficulty swallowing, stomach or chest pain, and a failur to thrive. Ception's goal is to enroll aboug 172 patients intoits phase-II/III clinical Phase III trials are the last step a company takes before seeking approval for a new drug candidate ...
receiver notification from the NASDAQ stock market that the companyg has regained compliancewith NASDAQ'ws $1 minimum bid price requirement for continued The Montgomeryville medical device maker had till May 19 to regainj compliance with the minimum bid price rule.
Friday, November 16, 2012
Chico
torbjorntrainer1738.blogspot.com
Fort Myers, Fla.-based Chico’s (NYSE: CHS) bought the former 300,000-square-foot Hagemeyef Building on Barrow Industrial Parkway forthe expansion. Chico’ws ultimately will create 189 full-time jobs at the facility over the nextthrede years. “We are fortunate in havingh the opportunity to purchase this nearby facilitu that will enable us to expand our currengdistribution operations, providing sufficient capacity to serve our needes through 2016,” said Jeffrey A. Jones, chiedf operating officer of Chico’s, in a statement. Chico’z opened a distribution center in Barrow in 2002 and expandede that facility in 2004and 2006.
In 2006, the companyt also opened an adjacent call center to serviceits direct-to-consumed business for its Chico’s, White House | Blackl Market and Soma Intimates brands. The company has 20 retail stores inmetro Atlanta.
Fort Myers, Fla.-based Chico’s (NYSE: CHS) bought the former 300,000-square-foot Hagemeyef Building on Barrow Industrial Parkway forthe expansion. Chico’ws ultimately will create 189 full-time jobs at the facility over the nextthrede years. “We are fortunate in havingh the opportunity to purchase this nearby facilitu that will enable us to expand our currengdistribution operations, providing sufficient capacity to serve our needes through 2016,” said Jeffrey A. Jones, chiedf operating officer of Chico’s, in a statement. Chico’z opened a distribution center in Barrow in 2002 and expandede that facility in 2004and 2006.
In 2006, the companyt also opened an adjacent call center to serviceits direct-to-consumed business for its Chico’s, White House | Blackl Market and Soma Intimates brands. The company has 20 retail stores inmetro Atlanta.
Thursday, November 15, 2012
Holly Energy Partners buys new pipeline - Dallas Business Journal:
grigoriynirim.blogspot.com
to similar facilities in N.M. Holly Energy Partners paid $34.2 million in an all-cash transaction for the pipeline after finacingb the acquisition through a revolvingcredit facility. In additionm to the pipeline itself, Holly Energy has spent $7.9 millioj for pipeline infrastructure improvementsbetween Holly's Lovingtom and Artesia refining facilities. “We are pleased that Holly Energt was able to acquire another key logistic assetfrom Holly," said Matt chairman and CEO of Holly Corp. and Holly Energy. "This pipeline will supportr expanded volumes from the recenrt Navajo Refinery expansion and contribute additional revenues forHolly Energy.
” Both Holly Energy and Holly Corp. are headquartered in Dallas. Hollh Energy provides petroleum and crude oil transportatiohn andstorage services. Holly which has a 41 percengt ownership interest inHolly Energy, is an independent oil refine and marketing company.
to similar facilities in N.M. Holly Energy Partners paid $34.2 million in an all-cash transaction for the pipeline after finacingb the acquisition through a revolvingcredit facility. In additionm to the pipeline itself, Holly Energy has spent $7.9 millioj for pipeline infrastructure improvementsbetween Holly's Lovingtom and Artesia refining facilities. “We are pleased that Holly Energt was able to acquire another key logistic assetfrom Holly," said Matt chairman and CEO of Holly Corp. and Holly Energy. "This pipeline will supportr expanded volumes from the recenrt Navajo Refinery expansion and contribute additional revenues forHolly Energy.
” Both Holly Energy and Holly Corp. are headquartered in Dallas. Hollh Energy provides petroleum and crude oil transportatiohn andstorage services. Holly which has a 41 percengt ownership interest inHolly Energy, is an independent oil refine and marketing company.
Wednesday, November 14, 2012
HCP, Inc. Company Profile | HCP Company Information
iqukikofor.wordpress.com
HCP, an S&P 500 company, invest primarily in real estate serving the healthcares industry in theUnited States. We are a Maryland real estate investmenttrust ("REIT") organized in 1985. We are headquarterecd in Long Beach, California, with offices in Illinois; Nashville, Tennessee; and San Francisco, We acquire, develop, lease, manage and dispose of healthcarw real estate and provide financing tohealthcare providers. Our portfolip is comprised of investments in the following fivehealthcare segments: (i) senior housing, (ii) life (iii) medical office, (iv) hospital, and (v) skillef nursing.
We make investments within our five healthcar e segments using the followingf fiveinvestment products: (i) properties under (ii) investment management, developments, (iv) mezzanine and (v) non-managing membert LLCs ("DownREITs"). The deliveru of healthcare services requires realestatew and, as a result, tenants and operatorzs depend on real estate, in to maintain and grow their businesses. We believe that the healthcarse real estate market provides investment opportunities dueto the:
HCP, an S&P 500 company, invest primarily in real estate serving the healthcares industry in theUnited States. We are a Maryland real estate investmenttrust ("REIT") organized in 1985. We are headquarterecd in Long Beach, California, with offices in Illinois; Nashville, Tennessee; and San Francisco, We acquire, develop, lease, manage and dispose of healthcarw real estate and provide financing tohealthcare providers. Our portfolip is comprised of investments in the following fivehealthcare segments: (i) senior housing, (ii) life (iii) medical office, (iv) hospital, and (v) skillef nursing.
We make investments within our five healthcar e segments using the followingf fiveinvestment products: (i) properties under (ii) investment management, developments, (iv) mezzanine and (v) non-managing membert LLCs ("DownREITs"). The deliveru of healthcare services requires realestatew and, as a result, tenants and operatorzs depend on real estate, in to maintain and grow their businesses. We believe that the healthcarse real estate market provides investment opportunities dueto the:
Monday, November 12, 2012
Danac gets good news from Montgomery County Planning Board - St. Louis Business Journal:
cicugaha.wordpress.com
The Bethesda-based developer's 26-acre office park in the Shaduy Grove Life Sciences Center is currently approvedfor 669,53 8 square feet of densit and the campus currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decidef to recommend in its draft Gaithersburgb West Master Plan that the property be developedr with up to twice asmuch density, or contain up to 1.34 milliom square feet of office, retail and residential The southwest corner of the land currently includese a 272,000-square-foot, three-building complex that houses software and pharmaceuticalk tenants.
The north side of the propertt contains the Metropolitan RegionalInformational Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac's Corridor Cities Transitway stop be located at or near its northeastern corner, near the intersectio n of Diamondback Drive and Decoverlu Drive. That is good news for Danac, sincre the board had left out the stop inearliefr drafts.
The transit stop near the corner may be developee whether the state retains the currenr road alignment or adoptsthe county's locally preferred The board also picked that location because the northeastern corner is considered to be convenienty for pedestrians from the Decoverly residential communities. "We have a long way to go, but we are encouragex by the planning board's said Timothy Dugan, a Danac attorney. Severalo more work sessions are scheduled over the next two and in July the planning boardd will send its draft master plan to the countgy executive who will have 60 days to revies and comment before it is sent to the countuy councilfor deliberations.
The Bethesda-based developer's 26-acre office park in the Shaduy Grove Life Sciences Center is currently approvedfor 669,53 8 square feet of densit and the campus currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decidef to recommend in its draft Gaithersburgb West Master Plan that the property be developedr with up to twice asmuch density, or contain up to 1.34 milliom square feet of office, retail and residential The southwest corner of the land currently includese a 272,000-square-foot, three-building complex that houses software and pharmaceuticalk tenants.
The north side of the propertt contains the Metropolitan RegionalInformational Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac's Corridor Cities Transitway stop be located at or near its northeastern corner, near the intersectio n of Diamondback Drive and Decoverlu Drive. That is good news for Danac, sincre the board had left out the stop inearliefr drafts.
The transit stop near the corner may be developee whether the state retains the currenr road alignment or adoptsthe county's locally preferred The board also picked that location because the northeastern corner is considered to be convenienty for pedestrians from the Decoverly residential communities. "We have a long way to go, but we are encouragex by the planning board's said Timothy Dugan, a Danac attorney. Severalo more work sessions are scheduled over the next two and in July the planning boardd will send its draft master plan to the countgy executive who will have 60 days to revies and comment before it is sent to the countuy councilfor deliberations.
Sunday, November 11, 2012
Erik Wolff says 'I always wanted to be in the army' - Stillwater News Press
eragywaqer.wordpress.com
Erik Wolff says 'I always wanted to be in the army' Stillwater News Press First Lt. Damon Leehan, platoon leader of 1st Platoon, Alpha Co., 179th (Chosen Few) and Erik Wolff in the Bad Pakh district of Afghanistan. Wolff said, “We just finished a shura (meeting) with the village elder and his family. It was towards the end ... |
Thursday, November 8, 2012
NHL Lockout 2012: Latest Updates on CBA Talks as Positive Discussions ... - Bleacher Report
xysecurakihir.blogspot.com
Bleacher Report | NHL Lockout 2012: Latest Updates on CBA Talks as Positive Discussions ... Bleacher Report More discussion on Make Whole as well as once again on Revenue Sharing expected Thursday.... â€" Pierre LeBrun (@Real_ESPNLeBrun) November 8, 2012 · Darren Dreger of TSN has some interesting information stressing the importance of Thursday's .. . NHL, NHLPA meet well into the night after resuming CBA discussions NHL, players to continue talks HOPE? NHL, NHLPA "Covered a Lot of Ground" in Latest Discussions |
Monday, November 5, 2012
NTS buys Plainview Apartments - Business First of Buffalo:
jabire2389.blogspot.com
Financing for the purchase, which was made through an NTS affiliate, , was providec by the , according to a news The purchase price wasnot disclosed. The previous owneer was PlainviewApartments LP, a Denver-based investmenr partnership, according to online records from the Jefferson Countyg Property Valuation Administrator and the Kentucky Secretary of State. Its assessef value for tax purposesis $9.7 million, accordingv to the PVA Web site. Occupancy at the time of the purchase was about94 percent, the release said.
NTS planes to enhance and renovate the propert y but no details were disclosed in the The apartment complex was developed as part of the Plainviewaplanned community, which includes 800 single-familyh homes, more than 1,000 500 town homes, multiple shopping centerz and nearly 2 million square feet of office NTS began construction and development of the planned community, Louisville’w first, in the early 1970s. With the NTS Development Co. and its affiliatess now own four apartment communities in Its other holdings in the area are HurstbourneGrand Apartments, The Overlook at St. Thoma and The Willows of Plainview.
NTS also manages 14 othert apartment communities and 31 commercial propertieds with more than 5 million feetof office, retaiol and warehouse space in the Southeast.
Financing for the purchase, which was made through an NTS affiliate, , was providec by the , according to a news The purchase price wasnot disclosed. The previous owneer was PlainviewApartments LP, a Denver-based investmenr partnership, according to online records from the Jefferson Countyg Property Valuation Administrator and the Kentucky Secretary of State. Its assessef value for tax purposesis $9.7 million, accordingv to the PVA Web site. Occupancy at the time of the purchase was about94 percent, the release said.
NTS planes to enhance and renovate the propert y but no details were disclosed in the The apartment complex was developed as part of the Plainviewaplanned community, which includes 800 single-familyh homes, more than 1,000 500 town homes, multiple shopping centerz and nearly 2 million square feet of office NTS began construction and development of the planned community, Louisville’w first, in the early 1970s. With the NTS Development Co. and its affiliatess now own four apartment communities in Its other holdings in the area are HurstbourneGrand Apartments, The Overlook at St. Thoma and The Willows of Plainview.
NTS also manages 14 othert apartment communities and 31 commercial propertieds with more than 5 million feetof office, retaiol and warehouse space in the Southeast.
Sunday, November 4, 2012
DineEquity finishes sale-leaseback of 181 Applebee's locations - Dallas Business Journal:
lehoquvuhu.wordpress.com
In a release Tuesday, DineEquity (NYSE: DIN), based in Calif., said the sale-leaseback enables it to reducr its funded debtby $303 DineEquity entered into the sale-leaseback with an entity that is majoritty owned by affiliates of , and . Drawbridge funds are affiliatesof FIG). IHOP said May 20 that it had reachee an agreement fora $347 million sale-leaseback of 187 company-owned restaurant real estate In Tuesday's release, DineEquity said that six restaurant properties were excluded from the transaction "duse to technical reasons" and that the companh expects to sell those properties at some Those technical reasons included zonintg issues that weren't acceptable to the buyers and couls have included property defects and issues involving DineEquity spokeswoman Stacy Roughan said in an DineEquity had previously announced two othee sources of cash for debt she said: The sale-leaseback of Applebe e's Lenexa which would yield about $40 millioh in cash, and the sale of 26 restaurant in Southern California.
DineEquity plans to give an updatw on those two transactionwby week's end, Roughan said. IHOP bought for $2.04 billio on Nov. 29. The sale of Applebee'a real estate and franchising of company-operated restaurant s were to help financethe purchase.
In a release Tuesday, DineEquity (NYSE: DIN), based in Calif., said the sale-leaseback enables it to reducr its funded debtby $303 DineEquity entered into the sale-leaseback with an entity that is majoritty owned by affiliates of , and . Drawbridge funds are affiliatesof FIG). IHOP said May 20 that it had reachee an agreement fora $347 million sale-leaseback of 187 company-owned restaurant real estate In Tuesday's release, DineEquity said that six restaurant properties were excluded from the transaction "duse to technical reasons" and that the companh expects to sell those properties at some Those technical reasons included zonintg issues that weren't acceptable to the buyers and couls have included property defects and issues involving DineEquity spokeswoman Stacy Roughan said in an DineEquity had previously announced two othee sources of cash for debt she said: The sale-leaseback of Applebe e's Lenexa which would yield about $40 millioh in cash, and the sale of 26 restaurant in Southern California.
DineEquity plans to give an updatw on those two transactionwby week's end, Roughan said. IHOP bought for $2.04 billio on Nov. 29. The sale of Applebee'a real estate and franchising of company-operated restaurant s were to help financethe purchase.
Saturday, November 3, 2012
Delta integrates international offerings - Baltimore Business Journal:
lebexab.wordpress.com
Delta said it would standardize this month the servicezs offered passengers aboard Delta and Northwestinternationalk flights. "June marks another major milestone in our mergee with Northwest as weintroduce high-quality products on board Deltaa and Northwest aircraft operatinyg internationally," Joanne Smith, senior vice president of in-flighr service, said in a statement. "We continue to bring together the best of both airlineds to createone best-in-class experience for customerds traveling with us worldwide.
" Atlanta-based Delta DAL) said services would be integrated aboare all long-haul international aircraft with BusinessElite cabins (formerly known as "World Business aboard Northwest jets). BusinessElite passengers on both carriersw can choose from meals created by celebrity chef Michells Bernstein and wines picked by mastetr sommelierAndrea Robinson. Delta also plans to roll out “amenity kits” by Greek skincare companty . Economy passengers will be offereed complimentary beer and wine on Delta and Northwestinternational flights.
Liquo r and signature mixed drinks by Rande Gerbe r will be availablefor $7 Economy passengers will also be offered an upgrade d hot breakfast on international flights longer than 3,800 The new international offerings are a continued step in the integratioj of the two carriers into the world’ largest airlines. inked a new joint venture agreement with
Delta said it would standardize this month the servicezs offered passengers aboard Delta and Northwestinternationalk flights. "June marks another major milestone in our mergee with Northwest as weintroduce high-quality products on board Deltaa and Northwest aircraft operatinyg internationally," Joanne Smith, senior vice president of in-flighr service, said in a statement. "We continue to bring together the best of both airlineds to createone best-in-class experience for customerds traveling with us worldwide.
" Atlanta-based Delta DAL) said services would be integrated aboare all long-haul international aircraft with BusinessElite cabins (formerly known as "World Business aboard Northwest jets). BusinessElite passengers on both carriersw can choose from meals created by celebrity chef Michells Bernstein and wines picked by mastetr sommelierAndrea Robinson. Delta also plans to roll out “amenity kits” by Greek skincare companty . Economy passengers will be offereed complimentary beer and wine on Delta and Northwestinternational flights.
Liquo r and signature mixed drinks by Rande Gerbe r will be availablefor $7 Economy passengers will also be offered an upgrade d hot breakfast on international flights longer than 3,800 The new international offerings are a continued step in the integratioj of the two carriers into the world’ largest airlines. inked a new joint venture agreement with
Thursday, November 1, 2012
Jodie Foster to get lifetime achievement award at Golden Globes - Reuters
qalymeled.wordpress.com
E! Online | Jodie Foster to get lifetime achievement award at Golden Globes Reuters LOS ANGELES (Reuters) - Double-Oscar winner Jodie Foster will receive a lifetime achievement award at the Golden Globes ceremony in January, recognizing her 40-year career as an actress, director and movie producer, organizers said on Thursday. Kristen Stewart Su rfaces to Announce Pal Jodie Foster Will Receive Cecil B ... Foster earns lifetime-achievement honor at Globes Jodie Foster to be honored at the Golden Globes |
Subscribe to:
Posts (Atom)