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ProLogis Leases More Than 600,000 Square Feet to National Home Merchandise Retailer in Suburban Baltimore (Popularity:

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http://www.prologis.com
ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, today announced that it has leased more than 600,000 square feet of distribution space in suburban Baltimore to a national retailer of home improvement merchandise. The retailer has leased 100 percent of the space in a distribution facility located at ProLogis Park Edgewood, located off Interstate 95 in Harford County approximately 25 miles north of downtown Baltimore. ...

CKX's Affiliate, FX Luxury Realty, Acquires Remaining 50% of Park Central Property in Las Vegas, Now Has Complete Ownership (Popularity:

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http://ir.ckx.com
CKX, Inc. (Nasdaq: CKXE) announced today that FX Luxury Realty LLC has acquired the 50 percent it did not own of the Park Central property, a 17.7-acre lot located on Las Vegas Boulevard in Las Vegas, Nevada. As a result of this purchase, FX Luxury now owns 100 percent of the Park Central property. The purchase was completed on the previously disclosed terms, with the $180 million total consideration paid ...

Manhattan Residential Market Indicates High Sales Volume, Declining Inventory, Rising Prices and Shorter Time on Market - Continued Strong Market Momentum against National Real Estate Trends (Popularity:

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The just-released Second Quarter 2007 Prudential Douglas Elliman Manhattan Market Overview reports that the Manhattan residential real estate market continues to be characterized by falling inventory, rising prices and a record number of sales in contrast to the national housing market. "All of the stars are aligned in perfect position for the Manhattan real estate market," says Dottie Herman, President and CEO, Prudential Douglas Elliman. "Interest rates are good, job ...

Contractor Selects Otis for Luxury Sao Paulo Complex (Popularity:

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http://www.otis.com
Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), was awarded a contract to supply, install and maintain 49 elevators and escalators for the Parque Cidade Jardim complex, one of the largest luxury mixed-use developments under construction in Sao Paulo. When completed, the development will consist of a mall, nine residential towers and four commercial complexes. For the first phase of the project, Otis will provide 16 escalators ...

Turnaround Pros Say Alternative Financing Sources Are Putting Debt Defaults on Hold (Popularity:

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http://www.turnaround.org
An upcoming U.S. presidential election, the prevalence of highly leveraged deals, and a sagging housing market give no clear signals about whether a commercial lending slump is on the way. But corporate renewal professionals expect hedge funds and private equity to remain a potent force shaping credit availability to distressed companies now and in the future. Seventy-nine percent of respondents to the Turnaround Management Association's annual Trend Watch Credit Poll ...

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http://www.capitalplayny.com
Capital Play Inc., (http://www.capitalplayny.com) -- the New York-based corporation that submitted the highest guaranteed bid to operate New York State's thoroughbred racetracks at Aqueduct, Belmont and Saratoga, announced today that real estate development firm Related Companies, led by Chairman and CEO Stephen Ross, has joined the team. "Our team becomes even stronger today. Stephen Ross and Related Companies greatly complement Capital Play's vision and plan of revitalizing thoroughbred racing in ...

Columbia Bancorp to Present at America's Community Bankers Community Bank Investor Conference (Popularity:

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http://www.columbiabancorp.com
Columbia Bancorp (Nasdaq: CBBO) today announced plans to participate in the America's Community Bankers Community Bank Investor Conference to be held at The Palace Hotel in San Francisco on May 23 and 24, 2007. Roger Christensen, President and CEO, will present on Thursday, May 24 at 11:55 a.m. Pacific Daylight Time (2:55 p.m. EDT). The presentation can be heard by going to http://www.columbiabancorp.com, and clicking on the Investor Relations section ...

Wireless Capital Partners Announces the Promotion of Joni LeSage (Popularity:

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http://www.wirelesscapital.com
Wireless Capital Partners, LLC (WCP) announces the promotion of Joni LeSage to Chief Financial Officer, effective immediately. Ms. LeSage joined WCP in September 2002 as Controller and was promoted to Treasurer in May 2004. During her tenure as Treasurer she was a member of the Investment Committee, and was responsible for negotiating and closing debt facilities, overseeing the funding process, and managing financial reporting. In her new role as CFO, ...

Standard Pacific Corp. Announces Family Lending Services, Inc. Has Changed Its Name to Standard Pacific Mortgage, Inc. (Popularity:

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http://www.standardpacifichomes.com
Stephen J. Scarborough, Chairman, Chief Executive Officer and President of Standard Pacific Corp. (NYSE: SPF), today announced that Family Lending Services, Inc., the mortgage banking arm of Standard Pacific Corp., has changed its name to Standard Pacific Mortgage, Inc. "The name change to Standard Pacific Mortgage will create a stronger link with our parent company, Standard Pacific Homes," said Richard Ambrose, President of Standard Pacific Mortgage, Inc. "Although we are ...

Terrorism Insurance Imperative for a Strong Commercial Real Estate Market (Popularity:

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http://www.realtor.org
If the terrorism insurance program were allowed to expire, coverage would become largely unavailable and unaffordable, and the gears of commercial real estate would grind to a halt, according to the National Association of Realtors(R) and the Coalition to Insure Against Terrorism. "The potential unavailability of terrorism risk insurance at the end of this year impacts our financing agreements and potentially hurts the commercial real estate market," said Joseph Ditchman, ...