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 .
 


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

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