Rick Perry's America, Texas-Style NPR He's promising to bring Texas-style prosperity to Washington. DC NPR's John Burnett takes us around the candidate's home state to see what Perry's supporters and critics think prosperity looks like. JACKIE LYDEN, host: You heard Ron mention Rick ... |
Saturday, August 20, 2011
Rick Perry's America, Texas-Style - NPR
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Thursday, August 18, 2011
Artech condo makes $7.5M bulk deal - South Florida Business Journal:
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million for 15 condo units at the Artechg Residencesat Aventura. The buyers paid $502,500, or $324 a square foot, for each unit on June 4, according to Miami-Dadee County records. Even with the bulk buy, only 41 of the condozs 235 units havebeen sold. Priord to the bulk purchase, the average price of the unitsewas $744,044, according to researcjh by Bal Harbor-based . The bulk average unit price was 32 percen lessthan that, but, “in a market like I’d say $500,000 per unit is high,” Condo Vulturez principal Peter Zalewski said. Adam Greenburg, the managing directoe of Miami-based , agreed that while the developef got a good it wasn’t as good for the buyer.
If the buyer plan to rent out the they paidtoo much, he said. However, he added that they mightf have been impressed withthe amenities, which include an infinitu pool, fitness center and spa, and concierge service. The investorz did not record a mortgagdein Miami-Dade County to finance the deal, so it is likelhy they paid cash. Artech was developed by the partnership of andShefaor Development. Shefaor Presidenr and CEO Gilbert Benhamou said the bulk buyee plans to use some units as seconc homes and othersas rentals. They were givenn a discount on Artech’s normal price becausd they boughtin bulk, he said.
Artech starte closing units atbetween $600 and $700 a squars foot, but has closed most of them at about $400 a square foot since the credit crunch made it difficult for buyeres to get financing, Benhamou said. “We are touching the botto m and things can only get better from now he said. The entities that bought the 15 unitsx inArtech are: Bayview U.S. Properties, Giga Apartments, Golde Federal and Sorlib. In state records, they all have their addrese at9130 S. Dadeland Blvd., Suite 1600, in Miami. Cesare Halpern, of Buenos Aires, is listed as a managetr for allfour companies. Three of thoss companies also have ZulemaDe Halpern, Danie Halpern and Mark I.
Glanz, all of Buenoss Aires, as managers. Fortune International Presiden t Edgardo Defortuna is from This isn’t the first bulk buy at In a company managed by four executivea of Artech’s construction lender, Chicago-based , bought four unitxs for a combined $5.5 million a price that many real estate experts said was Several months later, Corus (NASDAQ: CORS) was hit with several shareholderd class action lawsuits that questioned whether that transaction causeds a material misstatement or omission on its financialp statements.
Corus, which made a $130 million mortgage to Artech’e developer, reported that only $49 million of its Soutn Florida condo loans were performing outof $955 milliomn in condo loans here as of March 31. Benhamo u said the developers are working closely with Coruss to achieve the highest price per square foot possiblweat Artech. Once they sell a few more they will have approvalfor -backed loans.
million for 15 condo units at the Artechg Residencesat Aventura. The buyers paid $502,500, or $324 a square foot, for each unit on June 4, according to Miami-Dadee County records. Even with the bulk buy, only 41 of the condozs 235 units havebeen sold. Priord to the bulk purchase, the average price of the unitsewas $744,044, according to researcjh by Bal Harbor-based . The bulk average unit price was 32 percen lessthan that, but, “in a market like I’d say $500,000 per unit is high,” Condo Vulturez principal Peter Zalewski said. Adam Greenburg, the managing directoe of Miami-based , agreed that while the developef got a good it wasn’t as good for the buyer.
If the buyer plan to rent out the they paidtoo much, he said. However, he added that they mightf have been impressed withthe amenities, which include an infinitu pool, fitness center and spa, and concierge service. The investorz did not record a mortgagdein Miami-Dade County to finance the deal, so it is likelhy they paid cash. Artech was developed by the partnership of andShefaor Development. Shefaor Presidenr and CEO Gilbert Benhamou said the bulk buyee plans to use some units as seconc homes and othersas rentals. They were givenn a discount on Artech’s normal price becausd they boughtin bulk, he said.
Artech starte closing units atbetween $600 and $700 a squars foot, but has closed most of them at about $400 a square foot since the credit crunch made it difficult for buyeres to get financing, Benhamou said. “We are touching the botto m and things can only get better from now he said. The entities that bought the 15 unitsx inArtech are: Bayview U.S. Properties, Giga Apartments, Golde Federal and Sorlib. In state records, they all have their addrese at9130 S. Dadeland Blvd., Suite 1600, in Miami. Cesare Halpern, of Buenos Aires, is listed as a managetr for allfour companies. Three of thoss companies also have ZulemaDe Halpern, Danie Halpern and Mark I.
Glanz, all of Buenoss Aires, as managers. Fortune International Presiden t Edgardo Defortuna is from This isn’t the first bulk buy at In a company managed by four executivea of Artech’s construction lender, Chicago-based , bought four unitxs for a combined $5.5 million a price that many real estate experts said was Several months later, Corus (NASDAQ: CORS) was hit with several shareholderd class action lawsuits that questioned whether that transaction causeds a material misstatement or omission on its financialp statements.
Corus, which made a $130 million mortgage to Artech’e developer, reported that only $49 million of its Soutn Florida condo loans were performing outof $955 milliomn in condo loans here as of March 31. Benhamo u said the developers are working closely with Coruss to achieve the highest price per square foot possiblweat Artech. Once they sell a few more they will have approvalfor -backed loans.
Tuesday, August 16, 2011
Report: Rents falling, but S.F. still expensive - San Francisco Business Times:
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percent in San Francisco over the last part of a trend around theUnitecd States, but the City by the Bay’a still not a cheap place to A study by showed a 2.7 percent drop in San Francisco metrio area asking rents in the secone quarter, and those in San Jose’s metro area fell 3.8 percent. San Mate saw its average rent fall 6.5 percent year-over-year to $1,672. The only quarterly gains in the countrg werein Tampa-St. Petersburg, Fla., where rents grew 1.2 Kansas City, where they grew 0.7 percent; and San Texas, where they grew 0.6 Average asking rents in the nationwere $968 per monthj in the second quarter, down from $978 a month in the first quarter.
In the San Francisco-Oakland-Fremon region, average rents were $1,544, down 2.7 percenf from $1,587 in the first Rents were down 4.6 percen from a year ago. Occupancy in the region was 94.3 San Francisco itself is still a very expensivd place tolive — average rent ther e was $2,271 per month, an occupancy is 96.1 higher than anywhere else in the area. Marin’se occupancy rate was 95 percent and average rent therewas $1,686. Average rent in the city of Oaklanfdwas $1,550, down 0.7 percent over the last RealFacts, based in Novato, is led by CEO Carolinee Latham, who started the busineszs in 1989 with her daughter, Sarahn Bridge.
percent in San Francisco over the last part of a trend around theUnitecd States, but the City by the Bay’a still not a cheap place to A study by showed a 2.7 percent drop in San Francisco metrio area asking rents in the secone quarter, and those in San Jose’s metro area fell 3.8 percent. San Mate saw its average rent fall 6.5 percent year-over-year to $1,672. The only quarterly gains in the countrg werein Tampa-St. Petersburg, Fla., where rents grew 1.2 Kansas City, where they grew 0.7 percent; and San Texas, where they grew 0.6 Average asking rents in the nationwere $968 per monthj in the second quarter, down from $978 a month in the first quarter.
In the San Francisco-Oakland-Fremon region, average rents were $1,544, down 2.7 percenf from $1,587 in the first Rents were down 4.6 percen from a year ago. Occupancy in the region was 94.3 San Francisco itself is still a very expensivd place tolive — average rent ther e was $2,271 per month, an occupancy is 96.1 higher than anywhere else in the area. Marin’se occupancy rate was 95 percent and average rent therewas $1,686. Average rent in the city of Oaklanfdwas $1,550, down 0.7 percent over the last RealFacts, based in Novato, is led by CEO Carolinee Latham, who started the busineszs in 1989 with her daughter, Sarahn Bridge.
Sunday, August 14, 2011
Atlas Pipeline and Williams launch Marcellus Shale venture - Dallas Business Journal:
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The two companies LLC, on April 1 . Atlasw Energy Resources LLC (NYSE:ATN), an affiliate of Atlasa Pipeline Partners, will be the anchor tenant on Laurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 milliohn in cash, a preferrec right to proceeds undera $25.5 milliojn obligation from Williams, and 49 percent of Laurel Mountain. The obligatio n amortizes in equal principal installments overthree years.
Atlase Pipeline Partners can convert its right to receivre accrued principal and interest under the obligation into a sum equalo to the accrued principal and interest and use that to cover its required capital expenditures underthe joint-venturer agreement. Atlas Pipeline Partners also said its lenderd recently agreed to relax the covenantsd relating to total debt and earningsbefore interest, taxes, depreciation and amortization on its $380 milliojn revolving credit line and $463 milliom term loan facility.
Additionally, , whichn owns the general partnert of AtlasPipeline Partners, said Mondayg it has repaid $30 million on its credit facility and will pay down the remaining $16 million balance in equal quarterly installmentx over the next year. Atlas Pipelinre Holdings (NYSE:AHD) got the $30 milliojn it used to pay down the facilityg byissuing $15 million of preferred limited partner units to Atlas Pipeline Partneras and by borrowing $15 million from Atlaa America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commobn units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinwe Holdings will repay theremaining $16 million on its credif facility. The Atlas companies have offices in Philadelphiaand Pa.
The two companies LLC, on April 1 . Atlasw Energy Resources LLC (NYSE:ATN), an affiliate of Atlasa Pipeline Partners, will be the anchor tenant on Laurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 milliohn in cash, a preferrec right to proceeds undera $25.5 milliojn obligation from Williams, and 49 percent of Laurel Mountain. The obligatio n amortizes in equal principal installments overthree years.
Atlase Pipeline Partners can convert its right to receivre accrued principal and interest under the obligation into a sum equalo to the accrued principal and interest and use that to cover its required capital expenditures underthe joint-venturer agreement. Atlas Pipeline Partners also said its lenderd recently agreed to relax the covenantsd relating to total debt and earningsbefore interest, taxes, depreciation and amortization on its $380 milliojn revolving credit line and $463 milliom term loan facility.
Additionally, , whichn owns the general partnert of AtlasPipeline Partners, said Mondayg it has repaid $30 million on its credit facility and will pay down the remaining $16 million balance in equal quarterly installmentx over the next year. Atlas Pipelinre Holdings (NYSE:AHD) got the $30 milliojn it used to pay down the facilityg byissuing $15 million of preferred limited partner units to Atlas Pipeline Partneras and by borrowing $15 million from Atlaa America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commobn units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinwe Holdings will repay theremaining $16 million on its credif facility. The Atlas companies have offices in Philadelphiaand Pa.
Thursday, August 11, 2011
Donations to now-private DMC transferred to Children's Hospital foundation - The Detroit News
http://eirteic.com/index.php?article=training_ITM_Operators_and_Administrators
Donations to now-private DMC transferred to Children's Hospital foundation The Detroit News More than $90 million in charitable assets â" some donations dating back decades â" will be transferred to the Children's Hospital of Michigan Foundation after receiving the appropriate approvals, the children's foundation said Wednesday. ... Donations to Now Vanguard-Owned DMC to be Transferred to Children's Hospital ... |
Tuesday, August 9, 2011
VENEZUELA: Diego Silva vuelve con Testimonios - EntornoInteligente
http://www.dsp-world.com/2000/novot3.html
VENEZUELA: Diego Silva vuelve con Testimonios EntornoInteligente Son canciones de guerra, cierto, pero no parecen tales; la marcha f繳nebre, por ejemplo, es una especie de eleg穩a...". DI�LOGO CON EL MAESTRO El trabajo que Diego Silva viene realizando es sencillamente brutal, como lo han sido los ensayos para el ... |
Sunday, August 7, 2011
Private equity firms invest in Cannella Response Television - Sacramento Business Journal:
http://primolevicenter.org/Library/Entries/2008/11/16_About_the_library.html
Two investors provided only private and . ZM Capitaol is the private equity investment fundof ZelnickMedia. will provides mezzanine debt financing and an equity investment througj its VSS Structured CapitalpII fund. All three of Cannella Response’sa new investors are based in New York Terms of the transaction werenot disclosed. Cannells Response will continue to be managed by its currengmanagement team, led by founder and executive directorr Frank Cannella and CEO Robertt Medved. Cannella Response Television executives are not disclosintg who now holds a majority stake inthe company.
The investments by ZM Capital and Palladiumn Equity Partners will enable Cannella Response to accelerate its growth by investin g in both new acquisitions and developing new services andmedia offerings, the company “ZM Capital and Palladium Equity Partners each briny tremendous expertise and capital resources to the companh as we expand our client relationships and bring new and exciting media opportunities to the directf response television market,” Frank Cannella said.
Cannell a Response Television is based in Burlingto n with regional offices in Los Angeles and New Cannella Response Television was advised on the transaction by a team from investmentg banking firmPetsky Prunier, New York
Two investors provided only private and . ZM Capitaol is the private equity investment fundof ZelnickMedia. will provides mezzanine debt financing and an equity investment througj its VSS Structured CapitalpII fund. All three of Cannella Response’sa new investors are based in New York Terms of the transaction werenot disclosed. Cannells Response will continue to be managed by its currengmanagement team, led by founder and executive directorr Frank Cannella and CEO Robertt Medved. Cannella Response Television executives are not disclosintg who now holds a majority stake inthe company.
The investments by ZM Capital and Palladiumn Equity Partners will enable Cannella Response to accelerate its growth by investin g in both new acquisitions and developing new services andmedia offerings, the company “ZM Capital and Palladium Equity Partners each briny tremendous expertise and capital resources to the companh as we expand our client relationships and bring new and exciting media opportunities to the directf response television market,” Frank Cannella said.
Cannell a Response Television is based in Burlingto n with regional offices in Los Angeles and New Cannella Response Television was advised on the transaction by a team from investmentg banking firmPetsky Prunier, New York
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