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Category:
Press
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First Industrial Announces New $475 Million Joint Venture to Invest in Real Estate in The Netherlands and Belgium with the California State Teachers' Retirement System (Popularity:  )
http://www.firstindustrial.com
First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that it has formed a new joint venture, FirstCal Industrial Europe, LLC, with the California State Teachers' Retirement System (CalSTRS), the second-largest public pension fund in the United States with a $175 billion portfolio. The venture will serve a wide spectrum of customer needs by investing in various types of real ...
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Turnaround Pros Say Alternative Financing Sources Are Putting Debt Defaults on Hold (Popularity: )
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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China Housing & Land Development, Inc. Receives Formal Approval from the Xi'an Baqiao District Government to Begin Baqiao Development (Popularity: )
China Housing & Land Development, Inc., "China Housing" (OTC Bulletin Board: CHLN), a leading developer of residential and commercial properties in the city of Xi'an announced today the Company has secured final approval from the Baqiao District Government to begin development of the first 115 acres of the Company's Baqiao project. With this approval, China Housing will begin the necessary capital expenditures on the first 115 acres, including installation and ...
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Findire offers Miami properties at all prices to suit all budgets (Popularity: )
http://www.findire.com/
The Findire site is one of the leading property and real estate's sites. Findire has established itself as one of the leading names in international property market. The team at Findire has helped thousands of clients in their search to make sound, long term investments that provide both security and the highest possible returns.Findire's mission is to provide the most up to date information and investment advice in the world's ...
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Parkway Announces Pending Investment in Atlanta (Popularity: )
http://www.pky.com/
Parkway Properties, Inc. (NYSE: PKY) announced today that it is under contract to purchase 3344 Peachtree (the "Property") on behalf of Parkway Properties Office Fund II, L.P. ("Fund II") for a total purchase price of $167.3 million. The due diligence period has expired and Fund II's $6 million earnest money deposit is non-refundable. Final closing and all earnest money are contingent upon customary closing conditions and the successful assumption by ...
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Unexplored property like Miami Lakes Houses and Miami Shores Homes (Popularity: )
http://www.findire.com/
Findire is developed and integrated to give real estate advertising a boost in form of new innovations. The site database has over a million properties pan over hundred countries with twenty languages on floor. The site provides a perfect platform to buy, sell or rent your property. A study conducted by the National Association of Realtors shows, people looking to buy or sell property starts his search over the internet. ...
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Grubb & Ellis Healthcare REIT Acquires 5995 Plaza Drive in Cypress, Calif. (Popularity: )
http://www.grubb-ellis.com
Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of 5995 Plaza Drive, a five-story Class A office building located in Cypress, Calif. Completed in 1986, 5995 Plaza Drive consists of approximately 104,000 square feet of gross leaseable area and is situated on nearly five acres of land. The building is leased to United HealthCare Services, Inc., a provider of network-based health and well-being services for mid-sized and small ...
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Jetronic Industries Acquires New Bastion Development, Inc. (Popularity: )
http://newpcairport.com
Jetronic Industries, Inc. ("Jetronic") (Pink Sheets: JETO) announced today that it has acquired New Bastion Development, Inc. ("New Bastion") as its wholly owned subsidiary.On December 29, 2008, pursuant to a share exchange transaction, Jetronic acquired all of the outstanding common stock of New Bastion. The aggregate consideration for the acquisition consisted solely of Jetronic common stock. As a result of the acquisition, the capitalization of Jetronic is now 19,180,253 shares ...
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MI Developments announces non-cash asset write-down by Magna Entertainment (Popularity: )
http://www.sedar.com
MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) ("MID") today announced that, on a consolidated basis, it will record a non-cash asset impairment charge, net of income taxes, of approximately US$59.7 million in the fourth quarter of 2006 from the racing operations of Magna Entertainment Corp. (TSX: MEC.A; NASDAQ: MECA) ("MEC"), a publicly-traded subsidiary of MID. This write-down will negatively impact MID's consolidated diluted earnings per share for the fourth ...
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Ventas Prices $200 Million of 3 7/8% Convertible Senior Notes Due 2011 (Popularity: )
http://www.ventasreit.com
Ventas, Inc. (NYSE:
VTR) (the "Company") said today that it has priced a private offering of
$200 million aggregate principal amount of 3 7/8% Convertible Senior Notes
due 2011. The sale of the notes is expected to occur on December 1, 2006.
An additional $30 million aggregate principal amount of notes may be
purchased, at the option of the initial purchasers, within 13 days.
The notes will mature on November 15, 2011 and will be ...
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