Saturday, March 31, 2012

When To Expect Punishment For Saints Players - ESPN (blog)

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ESPN (blog)


When To Expect Punishment For Saints Players

ESPN (blog)


"What I would expect is to have a conversation soon and certainly it would be our expectation that the request for  »

Thursday, March 29, 2012

Toll Brothers prepares to enter Houston after several years on sidelines - Washington Business Journal:

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And although the timing may seem curious givenh the housingmarket downturn, Pa.-based says the entrance makes perfect sense. “Aftert numerous rounds of market we’ve found that there are betterr opportunities available now than in the saysChris Myers, Houston division president of Toll Brothers. Myers says the Housto market has continued to stand out as one of the most vibrantt markets inthe country. Toll Brothers’ researchj ranked Houston as the second-largest home buildin g market in the natiomnin 2008. “It’s time to come righft now,” he says.
“Ws feel that the housing marketr is going to make a turnarounde soon and that Houston will be one of the firs markets to make that The public company is entering the localp market with the acquisition of 30 lots in the Village of Creekside Park in The The homes will range in price from thehigh $400,000ws to more than $600,000 and will span from 3,800 squarde feet to 5,800 squares feet. Myers says the buildefr may adjust its prices and square footage based on customer demand inthe area.
Construction on the homes in the Villags of Creekside Park is scheduledr to beginin August, with work on 19 homes in the Villagee of Sterling Ridge in The Woodlands set to commence a couplee of weeks later. Toll Brothers is also activelt scoutingsites — mostly within master-planned communitiesw — in Sugar Land, Katy, along the growing Interstat e 10 corridor and in The Myers expects to be in competitionj with other high-end home builders in Houston including Partners in Building, and Will Holder, presiden of Trendmaker Homes, says that if the Houstob housing market has reached its low point, like many localo housing experts believe, then Toll Brothers may have perfectf timing for the “rids back up.
” Holder describes Toll Brothers as a “goox builder,” but says it will not be easy to entetr the local housing market. “They have no brane recognition, and Houston has, not been too kind to the ‘nationals,’ he says. Holder says if Toll Brothers enters the market by focusing onthe high-end productioj builder footprint, the company may have a tough time succeeding. However, he says the company seemw to fit into a currentr gap model with room for newplayers — abovre typical high-end builders like but below custom builders. “It’s all abour whether they decide togo head-to-head or if they look for theire own slice of the pie,” he says.
Toll Brotheras — which is already active in the San Antonio and Dallas areaa and has been named Texads Builder of the Year by the in each of the past twoyearsd — will market its high-enr homes to the affluent move-up buyee as well as people relocating to the Houston he says. Myers expects many buyers to be employed bylargs energy, manufacturing, aeronautics and medical-relates companies. Toll Brothers currently servews move-up, empty-nester and second-home buyers and is activw in 21 states.
The company operates its own engineering, mortgage, title and land developmen t subsidiaries as well as its own lumber distribution After at least five years of scouting thelocalo market, Toll Brothers is entering Houston as the area reportsz the 21st consecutive monthly drop in single-family home May sales of single-family homes in Houstomn totaled 4,797, down 21.2 percent from May 2008. that volume is the highestf so farfor 2009, accordinyg to statistics released by the .

Tuesday, March 27, 2012

GMJ buys building in Kansas City, Kan., to expand, consolidate - Kansas City Business Journal:

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for expansion and The price ofthe 120,000-square-foot building was not But Brandon Heck, a broker with who represented GMJ Co. in the transaction, said recentlt reduced the listing priceto $4.3 The building initially was listed about 18 months ago for $5.9 Heck said. “(GMJ) looked at it 18 months ago and felt the price was out oftheidr range,” Heck said. “But after the price was reducer (to $4.3 million), we made an offerr to close quickly and were able to put adeal together.” GMJ, whicjh closed on the building on will move its headquarters there from 22,000p square feet of space that it owns at 1500 N. Jacksob Ave.
in Executive Park in Kansas That building is nowfor sale. In GMJ will move warehousing operationsfrom 80,0000 square feet of leased space in Kansa City to the newly acquireds building in Kansas City, Kan. George owner and CEO of GMJ, said most of the spacew in theKansas City, Kan., facility will be dedicated to GMJ’a largest subsidiary, Sports Associated started with one flatbed trucki more than 25 yeards ago and now uses a fleef of 80 trailers to transporty sports vehicles such as motorcycles, all-terrain vehicles and personao watercraft throughout the country for manufacturers.
The busines s specializes in settingup trade-show exhibitiones for brands, including Yamaha, Ducatio and BMW Motorcycles, and transporting the booths and other trade-show trappings to the To serve a broad range of clientele, Hersh Sports Associated also recently added a 1,100-square-foot mobilse marketing trailer that can be custom-branded inside and out and featured technology services ranging from voice and data transmission and receiving to satellite uplinks. Othe GMJ subsidiaries are Capital CityMoving & Storage Inc, , and , all in at New Century AirCenter in Gardner; and O’Neil Relocation in Garde Grove, Calif.

Sunday, March 25, 2012

Sierra LaMar search remains fruitless - investigators consider new strategies - San Jose Mercury News

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ABC News


Sierra LaMar search remains fruitless - investigators consider new strategies

San Jose Mercury News


The day after more than 100 members of Bay Area search-and-rescue teams scoured a 12-mile radius area but found no clues in the disappearance of Sierra LaMar, investigators on Sunday poured through existing evidence and the many interviews done by ...


< p size="-1">Sierra Lamar Search Expands, But is a 12-Mile Radius Far Enough?

Gather.com


Search for Missing Sierra LaMar Intensifies Saturday

NBC Bay Area


Huge search for missing Morgan Hill girl yields no new clues

Alameda Times-Star


UPI.com -msnbc.com (blog) -Patch.com


 »

Friday, March 23, 2012

TEXT-S&P raises Elizabeth Arden to 'BB-', outlook is stable - Reuters

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Wednesday, March 21, 2012

First green project in foreclosure - Washington Business Journal:

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million construction mortgage. The 33,000-square-foot Vive Verde, also knowjn as EcoCentre, is the first South Florida projec seeking Leadership in Energy and Environmental Design certification fromthe U.S. Green Building Counci to face foreclosure. In an Romano said the extra cost ofthe building’z green features is not the reason it fell into “The fact that the building is a greebn building is not why the buildinyg financially is in Romano said. “It has to do with a failurer to properly and adequately financially plan the building inthe beginning, and I blame myselr for that.
” Despite a cost-conscious office-leasing environment, the concept of green offic buildings is here to stay, accordinfg to Christian Lee, vice chairman of in and Vive Verde’s foreclosure is just one entry on a long list of commerciakl foreclosures that will happen regardless of whethere a building is He noted that the more importan t factor for Romano’s buildinyg will be office demand in Lake “Building green adds to the cost [of a but in the long run, any green building will be more attractivs to an investor because it’s already he said. “Otherwise, new investors woule be figuring in the cost to make it because all commercial buildings aregoing green.
” Rob Hink, a LEED-accredited consultantf with the Weston-based , “I don’t think this one foreclosure on a greebn building is any comment on the LEED systejm or green buildings, I think it’zs just the economy,” he said. “I’nm surprised because it’s a leased-up building.” He added that Romano’s large inner courtyard could have been downsized to fit more rentak space inthe building, and yet still have retainef many of the environmental benefits. On May 26, Fort Lee, N.J.
-based filed the foreclosure action againstg ViveVerde North, managing member Romano and othetr parties associated with the project, according to Palm Beacn County Circuit Court records. The four-story building, at 1005 Lake in Lake Worth, was completed in August. Its offics space is about 70 perceny leased, and it has two empty retail spaces, Romano said. The green featurea of the building work exactly ashe hoped, he A rooftop garden catches rainwater, while condensation is collectexd from the air conditioner for watering plantd and ponds and flushing toilets. Grey wate r is recycled in the water features of the The use of skylights and windows cuts down onelectricity usage.
Many fixtures were made with recyclerd materials. A sign outside advertises it asa “liviny building.” Inside, goldfish swim througjh a pond and a statue of a Native Americajn bathes in the sunlight in the garden. Despite the energyt and water savings, Vive Verde North has not made any payments onthe $6.9 millioh mortgage this year, said John Hart, an attorney with Carltobn Fields in West Palm Beach who represent s Meecorp in the lawsuit. “My client would like to get but ifthat doesn’t come to they are prepared to take title to the property and prepare to get paid that way, too,” Hart Vive Verde North has a $4 millionn second mortgage with Williamsville, N.Y.
-based , whicu is named in Meecorp’s Romano said his company got behinds on mortgage payments becausse it ran out of money and could not get the loan refinancex by a traditional bank. “Ity is making me physically ill that thisis happening,” he “I will continue to work nighrt and day to make this all work These days, I’m losing a lot of sleep over He said his plan for the building was flawed from the beginning because he wrot an incorrect financial plan. He said the construction for his first development projecg came in on budget and its utilitiesoperate efficiently.
Romano said the gree n features of Vive Verde attracted some although several of them would have signed leases in the buildinghwithout them. He is confident the building will earn LEED but said that not openinv with that designation has not hurtthe project. Romani was aiming for gold-level certification from the U.S. Greehn Building Council.

Monday, March 19, 2012

Hard work leads to success for Shlesinger - Houston Business Journal:

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Shlesinger and his partner, Sam Holmes, who head up CB Richard Ellis Inc.’s Tenant Representation Group in were involved in leasing and salesa transactions with an aggregate value in excessof $1 billiom in 2007 and named the top offic tenant brokers by the . That same Shlesinger was the recipient of the firs GaryBeban Award, given to a broker exhibiting “thee best teamwork worldwide.” Before joining Shlesinger worked at real estate firm Cushmam & Wakefield Inc. and Insignia/ESh Inc.
His most significant deal to date involved the relocation of to the Concoursr Corporate Center in2006 — a 411,000-square-foot, $144 million After 25 years in commercial real estate, he said he still enjoyz the constant change inherent to the “Every day you get to both meet someone different and do somethintg different,” Shlesinger said. A sixth-generationn Atlantan, Shlesinger obtained a bachelor’s degree from , and earned an MBA from The . Shlesingerf is also a board member of Central Atlanta Progreses andthe .

Saturday, March 17, 2012

Freddie Mac allows financing of 125% of home value - Denver Business Journal:

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Fannie Mae also announced a similar change. The moves come as the Obamza administration raised themaximum loan-to-value ratio from 105 percent. As a resulft of this change, qualified borrowers will be able toobtain McLean-based Freddie Mac’s (NYSE:FRE) Relief Refinance Mortgages with loan amounta up to 125 percent of the current valu e of their property. The higherr LTV ratio is expected to givehomeownerws – especially those in markets that have experienced sharp declines in home values -- more options to refinance into mortgages with termw that better position them for long-terj homeownership, the company said.
“Thizs is a change that will put affordablew refinancing opportunities within reach of performing borrowers who have sufferedd the effects of local home price saidDon Bisenius, executive vice presidentg in a statement. “Today’s announcement also underscoresdFreddie Mac’s commitment to make the Obamza administration’s Making Home Affordable program a gateway to successful long-term homeownership for as many borrowerxs as possible.” To encourage borrowers with 30-year fixed rate mortgages to considetr a shorter 25-year term, Freddie Mac is providin g a special price incentive to lenders.
The incentive only appliexs to Relief Refinance Mortgages with LTV ratios betweehn 105 percent and125 percent. The 25-yeat term will result in borrowers paying less interest over the life of theif loan and over time improvinf their overallequity position. Freddie Mac’s Reliefd Refinance Mortgage is available to borrowers who are curren t on mortgages that are owned or guaranteed byFreddie Mac.
Freddiee Mac’s Relief Refinance Mortgage allowas borrowers to financeclosing costs, financiny costs and escrows up to $5,0090 or 4 percent of the current unpaid principal balance of the mortgage being refinanced, whichever is Mortgage insurance is not requirexd if the existing mortgage does not requires it. Otherwise, mortgage insurance coverage on the new loan must be the same as on theoriginal mortgage. Borrowers who apply for Relief Refinance Mortgages through theird current servicer will not need tobe re-underwrittejn in most cases.
When borrowers apply for Relief Refinanc e Mortgages through lenders other than theircurrengt servicer, the lender must re-underwrite the borrower through Loan Freddie Mac’s automated underwriting service, the company said. The expandedf LTV ratios are available now when borrowersd apply for Relief Refinance Mortgages through their current servicerf and will becomeavailable Oct. 1 when borrowera apply through any lender affiliated withFreddier Mac. Freddie Mac also said the resulting impact on prepayments for certain Freddie Mac mortgageparticipation certificates, may depending on borrower response and other factors.


TEXT-S&P raises Elizabeth Arden to 'BB-', outlook is stable

Reuters


March 23 - Overview -- US-based Elizabeth Arden has had positive operating results over the past year and sustained improved credit metrics. -- We are raising our corporate credit rating on Elizabeth Arden to 'BB-' from 'B+'.


S&P Raises Elizabeth Arden A Notch Closer To Investment Grade

W »


Liputan6.com


Gambar Makanan Bisa Bangkitkan Selera Makan

Liputan6.com


Liputan6.com, Bern: Saat bertandang ke rumah makan bersama keluarga, mungkin Anda kerap melihat beragam gambar makanan terpampang di dinding-dinding restoran tersebut. Menurut penelitian terbaru dalam jurnal ilmiah PlosONE, Kamis (15/3), ...



Tuesday, March 13, 2012

Former APG business park developer Opus East to liquidate under Ch. 7 - Baltimore Business Journal:

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Unable to refinance millions of dollarsdin debts, the company plans to liquidate its portfolio of commerciall properties throughout the region. It was uncleat how much Opus East expects to fetch for its Parentcompany , of Minneapolis, made the announcemeng in a news release and said another of its subsidiaries, Ariz.-based Opus West, expects to seek Chapter 11 protection in July. In its bankruptcyt filing, the company listed assets of between $50 million and $100 million and liabilities ofbetween $100 million and $500 “Declining real estate values and tighg credit markets continue to impede the refinancing of assets and restructuringg of lending agreements,” Mark Rauenhort, CEO of Opus said in a statement.
In addition to general market the companycited $35 million in unpaid wages from the federapl for a project it was developing in Collegs Park for the , company spokeswoman Winstob Hewett said in a telephone The company had ceased buildin speculative office buildings more than a year ago, and it trimmefd its workforce from abou t 100 employees last year to about 16 employees as of June 15. The companu did not include all of its subsidiaries inthe filing.
It for example, Maryland Enterprise LLC, which was developing the propertygfor NOAA, and Nursery Corner LLC, whicgh built a 160,000-square-foot officer building in Linthicum Heights for defensew contractor Opus East has developed more than 13.3 millionm square feet of space since 1994. Opus West has developex more than 52.7 million square feet since 1979. These bankruptcies come on the heels of the Apri 22 bankruptcy of OpusSouth Corp., an Opus affiliate basedc in Atlanta. Opus has said it planws to wind down its operations in that part of the countr yas well. Opus has said it planxs to continue to run its remaining operating OpusNorth Corp.
, baseds in Chicago, and Opus Northwest, basesd in Minnetonka. Those unitsa are actively pursuing projects. They also have been less affectecd bythe recession, due to thei mix of project types, healthy balance sheets and stronger markets, according to Opus' press Opus said its development activity has fallej to just 4.8 million square feet in down from 34 million squarew feet in 2007 and 35 million square feet in 2008.

Saturday, March 10, 2012

Gold Dust Lounge owners refuse to shut place down - San Francisco Chronicle

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KTVU San Francisco


Gold Dust Lounge owners refuse to shut place down

San Francisco Chronicle


A boisterous group of boozers and cocktail connoisseurs crowded into the Gold Dust Lounge on Saturday to quaff cheap drinks and rail against the building owners who want to close down the famous drinking establishment in favor of a clothing chain.


Gold Dust Lounge stays open despite threats of eviction

KTVU San Francisco


Gold Dust Lounge Saved (At Least Temporarily)

Huffington Post


Historic Gold Dust Lounge staying open for now

abc7news.com


SFist -SF Weekly (blog)


 »

Tuesday, March 6, 2012

Easter Seals Work Resource Center to expand Building Ability program - Business Courier of Cincinnati:

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Humana awarded the organizatiomn $100,000 to expand Building Ability, which teachese people with disabilities woodworking skills to make householdx andlawn products. The pendinvg expansion was celebrated todayg when Building Ability participants taught Humana representativea how to built corn hole which were the first products they learned to make in the Other products includeAdirondack chairs, porcbh swings and wine racks. The Greater Cincinnati Benefits grant from Humana will fund more than half of the remodeliny and expansion project for Building Easter Seals Work Resource Center is stillo raising the remainder of thefundx needed. Work on the expansion will begin withih the next30 days.
Once the expansion is completed, the programm will have more than 2,500 squarse feet of work space and will be able to accommodatd up to 18 participants duringeach shift. The grant also will provided state-of-the-art tools and support the use ofsustainablde materials. More than 70 percent of the waste produced durinhg demolition will be recycledor reused, according to a news Humana now is looking for the next recipient of the $100,000 Greater Cincinnati Benefits grant. The grangt will be made to one local nonprofity working to improvethe community’s health. Two other organizationss will receive $10,000 grants. Applications are at greatercincinnatibenefits.humana.
com and are due June 5, 2009.

Sunday, March 4, 2012

BP settlement includes new health claims process - The Associated Press

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The Associated Press


BP settlement includes new health claims process

The Associated Press


BOOTHEVILLE, Louisville (AP) รข€" A settlement that BP is hammering out with victims of the massive Gulf oil spill finally provides a system for monitoring health concerns and compensating people whose illnesses are found to have a link to the disaster.



and more »

Friday, March 2, 2012

Zea Rotisserie & Grill coming to Colonial Brookwood Village - Birmingham Business Journal:

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The restaurant will be located in the former Plaza III Steakhouse spacw and will openby October, said a news release issued by Brookwood’ management company, . This is Zea’d fist location in Birmingham and its 13th inthe country. Otherr locations include Mobile, Albuquerque, N.M.; Fla.; Plano, Texas; and New Orleanz and Lafayette, La. “We have had our eye on Birmingha m for some time and we were waiting for just therighy location,” said Hans Limburg, one of threr founders of Zea.
“When we were presentec the BrookwoodVillage opportunity, we knew the locatiob was perfect because of the successful and dynamifc restaurant mix already in place, the strongg customer base and the proximity to a large populationj of office workers.” The award-winning restaurant is knownn for its chicken, ribs, duck and seafoox fare. The space Zea will occupy has been vacanftsince high-end steakhouse Plaza III closed late last