Mixer prototype v.0.1

Tom Monaham, right, Wyndham Hotel Group executive vice president, international development, congratulates Toru Nakdate, Green Hospitality Management president and chief executive officer, in London upon signing of an agreement to develop Ramada and Days Inn hotels in Japan. PARSIPPANY, N.J. -– Wyndham Hotel Group today said it has signed a non-exclusive agreement with Green Hospitality Management Co. LTD of Tokyo to open nine hotels in Japan during the next five years under the Ramada® and Days Inn® lodging brands.The hotels will be developed, managed or both developed and managed by Green Hospitality Management, a subsidiary of the Green House Co. Ltd., a Japanese hospitality company whose businesses include contract food service, the operation of 500 Japanese and Chinese specialty restaurants and the management of 14 hotels.The agreement, signed in London last week, promises to quadruple Wyndham Hotel Group’s current presence in Japan. The company currently franchises three hotels in Japan: the Ramada Sapporo (middle left photo), Ramada Osaka (top right photo) and Ramada Kansai International Airport (bottom right photo), south of Osaka.“To overcome the cultural, governmental and practical constraints of doing business in Japan, it is critically important to partner with a local company that has demonstrated its ability to grow and maintain a successful analogous business in that country,” said Tom Monahan, (top centered photo) Wyndham Hotel Group executive vice preside...

TAMPA, FL-– Cushman & Wakefield negotiated the sale of a 42,250 square foot single tenant industrial building in Clearwater, Florida for $3,570,000.The property is located on Ulmerton Road, in Pinellas County.Cushman & Wakefield’s Private Client Group – Associate Director, . Rick Brugge (top right photo) was quoted as saying, “High barriers to entry in land and construction costs continue to drive interest in income producing property in Pinellas County. With Pinellas being the most densely populated county in the state, the long term outlook for rent and income growth is strong.”Executive Director - Mike Davis (top left photo) (Capital Markets), Associate Director - Rick Brugge, CCIM (Private Client Group), and Director - Rian Smith(bottom left photo) (Industrial Brokerage) negotiated the sale on behalf of the seller, Continental Business Development, Inc. The buyer was Cabot Properties, Inc.Contact: Debbie P’Simer, 813-204-5333. debbie.p’simer@cushwake.comhttp://www.cushmanwakefield.com/All real estate-related news releases and photos will be
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SANTA ANA, CA--With the $100 billion tax rebate fading into history, retail sales lost steam in July, according to Bob Bach, (top right photo) senior vice president and chief economist at Grubb & Ellis Co.Total sales fell by 0.1%, and core sales excluding autos and gasoline rose by 0.3%, the weakest performance since February. Layoffs, sliding home prices, high consumer debt burdens, difficult credit markets and stubbornly high gas prices are taking their toll. The International Council of Shopping Centers forecasts 144,000 store closings this year, the highest jump in the 14-year history of the survey. Expect shopping center leasing market conditions to bottom out in mid-2009. Chart at left shows the seasonally adjusted monthly percent change of July retail sales. Data prepared by Census Bureau and Grubb & Ellis.CONTACT: corporatecommunications@grubb-ellis.com All real estate-related news releases and photos will be
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LOS ANGELES, CA — After recording five consecutive years of steady occupancy gains and robust rent growth, the Los Angeles office market is forecast to soften modestly this year, with fundamentals returning to more sustainable levels, according to a second-quarter Office Research Report by Marcus & Millichap, the nation’s largest real estate investment services firm.(Ronald Reagan State Office Building, top right)By year end, office-using employment is forecast to post some gains, although metrowide vacancy will edge tighter. “Office investors will continue to target assets in Los Angeles County this year, though sales activity will likely remain measured due to the intensified scrutiny from lenders,” says Scott Lamontagne, regional manager of the Los Angeles office of Marcus & Millichap. Following are some of the most significant aspects of the Los Angeles Office Research Report: · Office-using employment sectors are projected to add 2,000 workers, a 0.2 percent gain.· Office construction is expected to total 1.8 million square feet in 2008, up from 590,000 square feet last year.· Vacancy is forecast to end the year at 10.1 percent.· Asking rents are projected to reach $35.16 per square foot by year-end 2008, a gain of 8.1 percent.· Effective rents will climb 7.9 percent to $30.54 per square foot.For a copy of the complete Los Angeles Office Research Report, as well as reports on other markets nationwide, visit our website at http://www.marcusmillichap.com/.Press ...

NEW YORK, Aug. 21, 2008--More downgrades are possible for U.S. banks, which perhaps are just halfway through the credit downturn, according to Standard & Poor's Ratings Services analysts who spoke at a financial institutions quarterly teleconference Aug. 13.(S&P analysts Tanya Azarchs, top right; Victoria Wagner, top left)However, the rating actions on banks and brokerages will continue to be selective rather than broad. The analysts also pointed to some positive trends, including revenue strength, asset divestitures, capital raising, and regulatory moves."What we're really trying to answer in our own minds is which banks are going to have the financial flexibility to deal with some fairly serious problems over the next seven to eight quarters," said Standard & Poor's credit analyst Tanya Azarchs (top right photo). "Obviously, these are very unprecedented times, and so financial flexibility--in the form of the ability to raise capital and/or in the form of the ability to sell assets--is going to be paramount." Among banks rated by Standard & Poor's, 19% have either a negative outlook or are on CreditWatch with negative implications, a percentage that is "very high for us by historical standards," Ms. Azarchs said. That's up from 9% in 2007. "Also, our outlooks on all four of the major broker-dealers are negative. In these difficult times, banks face extremely tight liquidity conditions in the credit markets, especially in the short-term debt market. "The wi...

ORLANDO, FL--Michael J. Daspin, President of United Financial of America, Inc. secured financing in the amount of $11,625,000 for the Homewood Suites situated at 4210 Airport Way, Denver, Colorado 80239.The loan was financed through a national lending institution at a floating rate of 342 basis points over 90-day LIBOR adjusted monthly. The loan term is 5 years with a 25 year amortization and a loan to value of 75%. The Homewood Suites is a 117 guest suite facility with an indoor pool and spa, fitness center, and business center. It opened in August 2008. The Homewood Suites is located in the Gateway Park at the Denver International Airport. United Financial of America, Inc. is an independently owned leading commercial mortgage brokerage firm located in Orlando, Florida.Since 1976, United Financial of America, Inc. has been providing financial services to industry corporations and real estate developers.United Financial’s activities are national in scope, and include acquisition, development, construction, and permanent financing for such diverse projects as shopping centers, apartments, office buildings, hotels/motels, office/warehouse complexes and various types of medical facilities.CONTACT: Michael J. Daspin, United Financial of America, Inc., Suite 1230, 200 East Robinson St., Orlando, FL 32801. 407.423.5901. 407.422.6932 ( fax)unitedfinancial@bellsouth.net All real estate-related news releases and photos will be
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<img class=""Thumbnail"" src="http://pimage6.homesandland.com/thumb/A00O/6/36/A00O029366.jpg" alt="View details" border="0" width="90" />MARYVILLE, TN; $150,000; 3 BR; 2 full BA; 1976 sf; Affordable & spacious 3BR/2BA home conveniently located to shopping and schools. Sits on a quiet cul=de-sac and features: large front porch, new tile & wood floors, extra storage building. Offered by: Century 21 Real Estate Group, LLCPhone: (865)984-2121xalcoa, Contact: Click here

PORTLAND, OR— The effects of the housing slump and the credit crisis have begun to hit the Portland economy, resulting in job losses and a modest weakening of office fundamentals, according to a second-quarter Office Research Report by Marcus & Millichap, the nation’s largest real estate investment services firm.Still, employment expansion in the professional and business services segment is bolstering demand for office space. (The 384,000-sf 200 Market Building, top right photo) “Employers have targeted Class A space in the bustling city core, though the small amount of available product has prompted developers to turn to revitalization efforts in order to meet the demand,” says Tony Cassie, regional manager of the Portland office of Marcus & Millichap. (The 125,437-SF 224 Corporate Center, middle left photo)Following are some of the most significant aspects of the Portland Office Research Report: · Developers are forecast to bring 335,000 square feet of office space online in 2008, up from 135,000 square feet last year.· Vacancy is projected to end the year at 11.8 percent.· Asking rents are projected to rise 1.8 percent to $22.05 per square foot.· Effective rents will edge up 1.5 percent to $18.23 per square foot.· The median price has appreciated 12 percent year over year to $163 per square foot, due to a mix of more expensive, higher-quality properties changing hands. (The 329,127-SF Congress Center, bottom right photo)For a copy of the complete Portland Offic...

Refinances Mortgage Debt Securing Properties Held in Joint Ventures; Moody’s and S&P Affirm Ratings and Change OutlookATLANTA, GA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) has announced the sale of its Post Oglethorpe® apartment community (top right photo) located in Atlanta, GA for a gross sales price of approximately $38.5 million. Post Oglethorpe® is a garden-style apartment community located in the Brookhaven area of Atlanta and consists of 250 units with an average unit size of approximately 1,150 square feet. The community was completed in 1994. The buyer was not disclosed. Post expects to report a gain of approximately $23 million relating to this sale. In addition, Post announced today that it has closed two 5-year mortgage loans with Fannie Mae to refinance existing debt secured by mortgages on its Post Biltmore™ community in Atlanta, GA (middle left photo) and its Post Massachusetts Avenue™ community in Washington, D.C. (bottom right photo)Each of these communities is held in an unconsolidated joint venture, in which Post holds a 35% interest. The Post Biltmore™ mortgage loan has a principal amount of approximately $29.3 million, requires fixed interest-only payments at 5.83% and matures on September 1, 2013. The Post Massachusetts Avenue™ mortgage loan has a principal amount of approximately $50.5 million, requires fixed interest-only payments at 5.82% and matures on September 1, 2013. Both of these loans are pre-payable without penalty beginning ...

NEW YORK, NY, Aug. 20, 2008--The largest public pension fund in the United States aims to invest 3 percent of its portfolio, or roughly $8.3 billion, in infrastructure over the next two years, according to alternative investment news service PrivateEquityOnline. The impact of institutional allocations on the market will be a major theme at the upcoming Infrastructure Investor: New York conference, to be held Oct. 22-23 at the New York Marriott Downtown Hotel.This is the premier gathering for institutional investors in the growing infrastructure asset class.Learn more about why LPs are initiating and increasing allocations to this relatively inflation-proof asset class. See how private equity firms are responding to this growing institutional demand by setting up funds to invest specifically in this sector.The event’s confirmed keynote speakers are among the top names in the industry:George Bilicic,(top left photo) Managing Director & Head of Infrastructure, Kohlberg Kravis Roberts & Co.Peter F. Hofbauer,(bottom right photo) Global Head of Infrastructure, Babcock & BrownAdebayo Ogunlesi, (middle right photo) Chairman & Managing Partner, Global Infrastructure Partners.Michael Queen, (bottom left photo) Managing Partner - Infrastructure, 3iTo see the full speaker list and conference agenda, visit: www.peimedia.com/infrany08Four easy ways to register:1) Download the registration form and fax to +1 212 633 2904 2) Online at: http://peimailings.com/infrany083) Ca...

<img class=""Thumbnail"" src="http://pimage8.homesandland.com/thumb/A00N/8/19/A00N916198.jpg" alt="View details" border="0" width="90" />GREENBACK, TN; $165,000; 3 BR; 2 full BA; 1500 sf; Sitting at the top of the hill on over 1.5 acres this beautiful home is only 8 years old. 3BR/2BA's, eat-in kitchen, nice living area, screen porch, and wonderful view. $165,000 MLS #629821Offered by: Century 21 Real Estate Group, LLCPhone: (865)984-2121xalcoa, Contact: Click here

RICHMOND, VA--A stark differential in the key industrial statistical categories emerged this quarter in the Richmond market, according to Perry H. Moss, (top right photo) CCIM, MBA of GVA Advantis.On one hand was a fantastic leasing trend and a nice fall in the warehouse/distribution/manufacturing segment vacancy rate. On the other, the sales market is having a rough time and the flex segment sees its usual steady performance stumble moderately. Market Statistics & Summary A second look at the first chart (at left) is very much warranted. The leasing market, buoyed by several massive leases in the distribution segment has launched the year over year trend into greatly positive territory. While this level of trend growth cannot realistically be expected to continue, it none the less, has given a strong statement to the stability and resourcefulness of the market. Flexible lease terms and landlord concessions helped pave the way for the strong leasing demand. There was a bit of a trade-off with the flex market as that segment has an office/retail component which is more sensitive to immediate economic changes.Flex spaces also tend to attract more smaller and local firms which cannot afford to risk the capital and don’t have the resources of major corporations. The sales market fell sharply from last year as the scarceness of financing coupled with the economy revealed its darker side.For more information, please contact Perry H. Moss, CCIM, Tel 804.672.4248, pmoss@gv...

ORLANDO, FL--Daryl M. Carter, Trustee of Carter-Marion 211 NE 46th Street Land Trust has purchased 208± acres in east Marion County from Terrapointe LLC for $602,319.85 cash.The property is located just east of CR 314 and has 4,770± feet of frontage on the north and south sides of NE 46th Street and 150± feet of frontage on the south side of NE 52nd Place Road.Preston Hage and Patrick Chisholm with Maury L. Carter & Associates, Inc. represented the Buyer. Anne Barnett and Sondra Blake with Southern Property Services, Inc. represented the Seller.CONTACT:Joan M. Fisher, Administrative Assistant, Maury L. Carter & Associates, Inc., 3333 S. Orange Avenue, Suite 200, Orlando, FL 32806-8500. (407) 581-6207 direct. (407) 422-3144 office.(407) 422-3155 fax.jfisher@maurycarter.comAll real estate-related news releases and photos will be
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