grachevakautawil.blogspot.com
The Federation’s community campaign results in 2008totaled $10.y million, down 3 percenrt from 2007, said Sanford Neuman, Jewisb Federation campaign vice president, in a statement posted on the organization’a Web site. The total raiser from all income streamwswas $14.1 million in 2008, down from nearly $26.5 million in Neuman said. “Unfortunately the height of the financial crisisin ’08 hit just before the end of the when we typically bring in the largest amountt of donations,” Neuman said.
“This is especially tough at a time when our community desperatelyu needs theextra “Our total investment portfolio was down due to economi c factors beyond our control,” said Sherri Frank Weintrop, Federation vice presidenrt of financial and human resources development, in a statement. About 30 new plannec gifts were made throughhthe — one more than last year — but the totall dollar value of those gifts was less than last the Federation said. Jewish Federation of St. Louis provides fundraising and planning forthe 60,000-member Jewisnh community in St. Louis.
The Federation distributee funds to a family of 51 national andinternational agencies, programs and services.
Sunday 29 April 2012
Friday 27 April 2012
S.F. port tries to boost bulk cargo business - San Francisco Business Times:
geqopimozaqyxyh.blogspot.com
In 2008, San Francisco’s port, like others around the country, saw volume slide sharply as consumer and businesxconsumption declined. That followed severak years ofsteady decline. But port officials said they have begunh work on several fronts to positiobnthe port’s cargo business for growth. The port, which controls 7½ miles of bayside property, makes most of its money as a But it still makesabout $2.6 million annually on its cargo which rivals the rent it collects from big tenants like the and the Ferryh Building.
San Francisco specializes in bulk cargo, — anythint that must be loaded individuallg on pallets or in like autos, fruit, steel, timbedr and some building materials. San Francisci port officials saidthey don’t expect bulk cargl shipments to increase unti 2010 at the earliest. In the they are aggressively marketing to cargooceanm liners. Port officials Peter Dailey, the head of the maritimwe division, and Jim the maritime marketing manager, recently met with a number of cargo shipperswin Vancouver, British Columbia, to tout San Francisco’se capacity along Piers 80, 94 and 96, which are alontg the port’s southeastern flank.
They have also begub talks with a Chineseauto maker, which wants to enter the U.S. auto market and is consideriny a west coast portfor shipping. Port officials are also talkinh with and to improve rail Port officials want to line up money to increass height clearances over tracks to accommodate highet stacking ofrail Lastly, the port is stressin better training for its stevedores. A recent analysisa of San Francisco’s cargo business said its dock workersxare “viewed as inefficient by carriers and shippers.
”
In 2008, San Francisco’s port, like others around the country, saw volume slide sharply as consumer and businesxconsumption declined. That followed severak years ofsteady decline. But port officials said they have begunh work on several fronts to positiobnthe port’s cargo business for growth. The port, which controls 7½ miles of bayside property, makes most of its money as a But it still makesabout $2.6 million annually on its cargo which rivals the rent it collects from big tenants like the and the Ferryh Building.
San Francisco specializes in bulk cargo, — anythint that must be loaded individuallg on pallets or in like autos, fruit, steel, timbedr and some building materials. San Francisci port officials saidthey don’t expect bulk cargl shipments to increase unti 2010 at the earliest. In the they are aggressively marketing to cargooceanm liners. Port officials Peter Dailey, the head of the maritimwe division, and Jim the maritime marketing manager, recently met with a number of cargo shipperswin Vancouver, British Columbia, to tout San Francisco’se capacity along Piers 80, 94 and 96, which are alontg the port’s southeastern flank.
They have also begub talks with a Chineseauto maker, which wants to enter the U.S. auto market and is consideriny a west coast portfor shipping. Port officials are also talkinh with and to improve rail Port officials want to line up money to increass height clearances over tracks to accommodate highet stacking ofrail Lastly, the port is stressin better training for its stevedores. A recent analysisa of San Francisco’s cargo business said its dock workersxare “viewed as inefficient by carriers and shippers.
”
Thursday 26 April 2012
SAHA to spend $14.5 million on local housing project upgrades - Jacksonville Business Journal:
younkinesagugad1746.blogspot.com
million in federal stimulu funds to repair and upgradre a number of publichousing properties. Out of 349 housinv authorities in Texas that received money from the American Recovery andReinvestment Act, San Antonio Housing or SAHA, received the largest amount. SAHA is requiredr to use the money for capital improvements and all the funda must be spent withinthree years. “Thesre funds will allow us to make much-neede d repairs to our public housing properties and improve the safett and quality of life for our SAHA President and CEO Lourdesa CastroRamirez says.
Among the properties slated for major upgrades is the Lewis Chatham a 119-unit apartment complex for seniorz on the city’s South Side. Lewis Chathamm also will undergo anextensive modernization. In stimulus funds will be used to upgradsthe security, elevators and fire safety at nearly 20 elderlyg communities. Other projects will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditionintg systems. SAHA Board Chairma n Ramiro Cavazos says the agency will encourage the participation of smalland minority-owned businesses.
“We will also give additional weighft to contractors that commit to actively recruiting employees from the neighborhoods in and arounxd where this work will he says. SAHA will issue requestxs for proposals to perform engineering and architectural servicee relatedto stimulus-approved projects. Web site: www.saha.orh
million in federal stimulu funds to repair and upgradre a number of publichousing properties. Out of 349 housinv authorities in Texas that received money from the American Recovery andReinvestment Act, San Antonio Housing or SAHA, received the largest amount. SAHA is requiredr to use the money for capital improvements and all the funda must be spent withinthree years. “Thesre funds will allow us to make much-neede d repairs to our public housing properties and improve the safett and quality of life for our SAHA President and CEO Lourdesa CastroRamirez says.
Among the properties slated for major upgrades is the Lewis Chatham a 119-unit apartment complex for seniorz on the city’s South Side. Lewis Chathamm also will undergo anextensive modernization. In stimulus funds will be used to upgradsthe security, elevators and fire safety at nearly 20 elderlyg communities. Other projects will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditionintg systems. SAHA Board Chairma n Ramiro Cavazos says the agency will encourage the participation of smalland minority-owned businesses.
“We will also give additional weighft to contractors that commit to actively recruiting employees from the neighborhoods in and arounxd where this work will he says. SAHA will issue requestxs for proposals to perform engineering and architectural servicee relatedto stimulus-approved projects. Web site: www.saha.orh
Tuesday 24 April 2012
Blue Shield names new chief medical officer - Kansas City Business Journal:
houghtalingbaemo1268.blogspot.com
senior vice president and chiefmedicap officer, replacing Dr. Alan Sokolow, who accepted a positio with in Southern California latelast year, according to Blue Officials at the San Francisco-based health plan said Mathew s will oversee all of its health-care including prevention and wellness programs, diseasd and case management, maternith management, pharmacy benefits management, medical policies, center of excellence, clinical quality, transparency strategies and utilization Mathews has more than two decadex of experience in health plan Most recently, he was chief medical officer for DaVita VillageHealth, where he oversaw the company’ws disease and care management programds for patients with end-stage renal disease and chronic kidney disease.
Prior to Mathews was CMO for disease managemenf specialist Blue Shield is one ofthe state’s largesgt health plans, with 3.4 milliohn enrollees in various healtn insurance plans, including 1.2 million HMO enrollees and 1.56 million PPO memberse statewide.
senior vice president and chiefmedicap officer, replacing Dr. Alan Sokolow, who accepted a positio with in Southern California latelast year, according to Blue Officials at the San Francisco-based health plan said Mathew s will oversee all of its health-care including prevention and wellness programs, diseasd and case management, maternith management, pharmacy benefits management, medical policies, center of excellence, clinical quality, transparency strategies and utilization Mathews has more than two decadex of experience in health plan Most recently, he was chief medical officer for DaVita VillageHealth, where he oversaw the company’ws disease and care management programds for patients with end-stage renal disease and chronic kidney disease.
Prior to Mathews was CMO for disease managemenf specialist Blue Shield is one ofthe state’s largesgt health plans, with 3.4 milliohn enrollees in various healtn insurance plans, including 1.2 million HMO enrollees and 1.56 million PPO memberse statewide.
Sunday 22 April 2012
Proposed Tennessee bill would tax visiting NBA, NHL players - Phoenix Business Journal:
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Under House Bill 0019, Tennessee would tax athletes and entertainers performingg in the state who make morethan $50,0009 a year. The bill would increas state revenue by morethan $1.1 millionb and the funds would be used for juvenilw court-related programs. The tax would coverf opponents of the and for up to three gamea year. However, opponents of the woul d be exempt. Greg Campbell, president of business operations for theMemphis Grizzlies, said otheer states have similar taxes for professional teams. “We are awaree of the state's intention to pass a bill that woulf impose a privilege tax on professionapl basketball players in the statewof Tennessee,” Campbell said.
“We will be keepinyg a close eye on this as it continued to move through the approval process and trustthat Gov. Bredesen and his fellow lawmakerss will continue to do what is best for Tennesse and professional basketball inthe state.” At least 15 other states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New Jersey, North Louisiana, Oklahoma, Ohio, Oregon, Indiana and Pennsylvania. Michigan has a reciprocakl law in place that chargew players that play for teams with the tax but not playera that play in stateswithout it.
Under House Bill 0019, Tennessee would tax athletes and entertainers performingg in the state who make morethan $50,0009 a year. The bill would increas state revenue by morethan $1.1 millionb and the funds would be used for juvenilw court-related programs. The tax would coverf opponents of the and for up to three gamea year. However, opponents of the woul d be exempt. Greg Campbell, president of business operations for theMemphis Grizzlies, said otheer states have similar taxes for professional teams. “We are awaree of the state's intention to pass a bill that woulf impose a privilege tax on professionapl basketball players in the statewof Tennessee,” Campbell said.
“We will be keepinyg a close eye on this as it continued to move through the approval process and trustthat Gov. Bredesen and his fellow lawmakerss will continue to do what is best for Tennesse and professional basketball inthe state.” At least 15 other states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New Jersey, North Louisiana, Oklahoma, Ohio, Oregon, Indiana and Pennsylvania. Michigan has a reciprocakl law in place that chargew players that play for teams with the tax but not playera that play in stateswithout it.
Friday 20 April 2012
'The Proposal' wins at weekend box office - Houston Business Journal:
hegenefipa.blogspot.com
The movie starring Sandra Bullock and Ryan Reynoldws brought in anestimated $34,114,000 in its openingb weekend. It knocked off the reigninfg champion, ' "The which brought in an estimated $26,855,000 during the weekend. "The Proposal" was shown on abourt 4,100 screens at 3,056 sites, accordinh to a report on the Disney/ 's "Up" continued its stronb showing, coming in third over the weekend with anestimate $21,336,000. The animated film is currently in second placebehinc Paramount's "Star Trek," for second-largesyt movie of the summer.
Another new release, ' "Yead One," brought in an estimated $20,200,000 in its firsf weekend, placing it fourth on the list. Another Sony Picturesz release, "The Taking of Pelham 1 2 3" roundex out the top five, bringing in an estimated
The movie starring Sandra Bullock and Ryan Reynoldws brought in anestimated $34,114,000 in its openingb weekend. It knocked off the reigninfg champion, ' "The which brought in an estimated $26,855,000 during the weekend. "The Proposal" was shown on abourt 4,100 screens at 3,056 sites, accordinh to a report on the Disney/ 's "Up" continued its stronb showing, coming in third over the weekend with anestimate $21,336,000. The animated film is currently in second placebehinc Paramount's "Star Trek," for second-largesyt movie of the summer.
Another new release, ' "Yead One," brought in an estimated $20,200,000 in its firsf weekend, placing it fourth on the list. Another Sony Picturesz release, "The Taking of Pelham 1 2 3" roundex out the top five, bringing in an estimated
Wednesday 18 April 2012
Chelsea Vs. Barcelona, 2012 UEFA Champions League: Tie Could Be Determining ... - SB Nation
obofym.wordpress.com
Chelsea Vs. Barcelona, 2012 UEFA Champions League: Tie Could Be Determining ... SB Nation It's the second to final step in the determining factor in Pep's future with Barcelona, at least if you believe the same as Gabriel. For more on the Blues, check out SB Nation Chelsea blog We Ain't Got No History. For their opposition, visit Barca ... |
Tuesday 17 April 2012
Wisconsin remains in middle of obesity rankings - The Business Journal of Milwaukee:
bojony.wordpress.com
Wisconsin saw its adult obesityt raterise 0.5 percentage points to 26 The state had slid in the national rankings from 22nd in 2007. The now in its sixth year, is title d "F as in Fat: How Obesityt Policies Are Failing InAmerica 2009" and castigatesx federal, state and local governments for poor or patchworkk policies aimed at curbing obesity. "Our healtg care costs have grown along with our waist saidJeff Levi, executive director of Trust for America' s Health. "The obesity epidemic is a big contributotr to the skyrocketing health care costs in theUnitedc States.
How are we going to compet with the rest of the world if our economy and work force are weighed down by bad Mississippi had the highest rate of adult obesityat 32.5 making it the fifth year in a row that the state topped the list. Four statesx now have rates above30 percent, includin Mississippi, Alabama (31.2 West Virginia (31.1 percent) and Tennessee (30.2 Eight of the 10 states with the highestf percentage of obese adults are in the Colorado continued to have the lowestf percentage of obese adults at 18.9 percent. Mississippi also had the highesft rate of obese and overweightchildrej (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowesft rateat 23.1 percent.
Wisconsin fared among the better ranking 40th with a childhood obesity rateof 27.9 Eight of the 10 statexs with the highest rates of obese and overweighty children are in the Childhood obesity rates have more than tripled sinced 1980.
Wisconsin saw its adult obesityt raterise 0.5 percentage points to 26 The state had slid in the national rankings from 22nd in 2007. The now in its sixth year, is title d "F as in Fat: How Obesityt Policies Are Failing InAmerica 2009" and castigatesx federal, state and local governments for poor or patchworkk policies aimed at curbing obesity. "Our healtg care costs have grown along with our waist saidJeff Levi, executive director of Trust for America' s Health. "The obesity epidemic is a big contributotr to the skyrocketing health care costs in theUnitedc States.
How are we going to compet with the rest of the world if our economy and work force are weighed down by bad Mississippi had the highest rate of adult obesityat 32.5 making it the fifth year in a row that the state topped the list. Four statesx now have rates above30 percent, includin Mississippi, Alabama (31.2 West Virginia (31.1 percent) and Tennessee (30.2 Eight of the 10 states with the highestf percentage of obese adults are in the Colorado continued to have the lowestf percentage of obese adults at 18.9 percent. Mississippi also had the highesft rate of obese and overweightchildrej (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowesft rateat 23.1 percent.
Wisconsin fared among the better ranking 40th with a childhood obesity rateof 27.9 Eight of the 10 statexs with the highest rates of obese and overweighty children are in the Childhood obesity rates have more than tripled sinced 1980.
Sunday 15 April 2012
SBA offers car dealers help - Business First of Columbus:
ysynut.wordpress.com
The government-guaranteed loans will be available to dealers to financr their auto andothe inventory, known in the industry as a flootr plan. Through SBA lenders, the dealer floor-plan financing will provide lines of credit througnthe 7(a) program for titled inventory, including cars, RVs, boatas and motorcycles. Dealers can borrow $500,00p0 to $2 million against their inventor y and repay the debt as theysell vehicles. The SBA said the loanxs have a maximum repayment term of five years and will have a 75 percentrgovernment guarantee. As part of the American Recovery andReinvestmengt Act, fees also are being eliminated temporariluy on 7(a) loans.
“Countless small businesses, includinfg dealerships, across the country are facing significangt challenges as a result of the uncertainty in the auto SBA Administrator Karen Mills said ina release. “Floor-plan financinv can offer some dealerships the opportunity to get througgh these tough economic times by allowing them to keep theirr inventory and cashflow intact, as well as save the jobs thesde small businesses provide.
” Amid the economicv turmoil and low auto sales, car dealers throughout the countrt have run into problems keeping their floorr plans through banks and auto Most need them to be able to finance and stock The program will run until September when the SBA will decide whether to extend it.
The government-guaranteed loans will be available to dealers to financr their auto andothe inventory, known in the industry as a flootr plan. Through SBA lenders, the dealer floor-plan financing will provide lines of credit througnthe 7(a) program for titled inventory, including cars, RVs, boatas and motorcycles. Dealers can borrow $500,00p0 to $2 million against their inventor y and repay the debt as theysell vehicles. The SBA said the loanxs have a maximum repayment term of five years and will have a 75 percentrgovernment guarantee. As part of the American Recovery andReinvestmengt Act, fees also are being eliminated temporariluy on 7(a) loans.
“Countless small businesses, includinfg dealerships, across the country are facing significangt challenges as a result of the uncertainty in the auto SBA Administrator Karen Mills said ina release. “Floor-plan financinv can offer some dealerships the opportunity to get througgh these tough economic times by allowing them to keep theirr inventory and cashflow intact, as well as save the jobs thesde small businesses provide.
” Amid the economicv turmoil and low auto sales, car dealers throughout the countrt have run into problems keeping their floorr plans through banks and auto Most need them to be able to finance and stock The program will run until September when the SBA will decide whether to extend it.
Friday 13 April 2012
Wednesday 11 April 2012
Franklin County OKs grants for Scioto Mile, other projects - Business First of Columbus:
uhetemejih.wordpress.com
The commissioners laid out $1.17 millionj to the Columbus Downtown Development througha so-called community partnershipp grant for the $38 million Scioto Mile project, a public-privatd partnership whose chief sponsords are the city of Columbus and The appropriation is part of a four-year, $5 millionn commitment commissioners made to the project. Commissionerx appropriated $1.5 million last year and are set to giveabout $1.1 million this and the next two said Amy Taylor, a spokeswoman for the Developmenft Corp.
Construction of the Scioto which includes improvements to Bicentennial Park and featurex that will make Civic Center Drive more accommodating for is a key piece ofthe run-up to the city’s 2012 bicentennial. • $500,000 for ’s Grangre Insurance Audubon Center, the educational element of the new Scioto AudubonMetro Park. The project, approaching a $14.r5 million fundraising goal, is on track for a summert opening, officials told Columbus Businesds First. • $200,000 for youth development activities ofthe , the outreacbh arm of the university’s agriculturalo school.
The grant arrives at a critica l time forthe organization, whicg recently cut 25 jobs at its Columbus headquarteras and is bracing for its budget to fall by more than $6 millionm over the three-year budget cycle that began last July.
The commissioners laid out $1.17 millionj to the Columbus Downtown Development througha so-called community partnershipp grant for the $38 million Scioto Mile project, a public-privatd partnership whose chief sponsords are the city of Columbus and The appropriation is part of a four-year, $5 millionn commitment commissioners made to the project. Commissionerx appropriated $1.5 million last year and are set to giveabout $1.1 million this and the next two said Amy Taylor, a spokeswoman for the Developmenft Corp.
Construction of the Scioto which includes improvements to Bicentennial Park and featurex that will make Civic Center Drive more accommodating for is a key piece ofthe run-up to the city’s 2012 bicentennial. • $500,000 for ’s Grangre Insurance Audubon Center, the educational element of the new Scioto AudubonMetro Park. The project, approaching a $14.r5 million fundraising goal, is on track for a summert opening, officials told Columbus Businesds First. • $200,000 for youth development activities ofthe , the outreacbh arm of the university’s agriculturalo school.
The grant arrives at a critica l time forthe organization, whicg recently cut 25 jobs at its Columbus headquarteras and is bracing for its budget to fall by more than $6 millionm over the three-year budget cycle that began last July.
Monday 9 April 2012
Cushman & Wakefield loses third Miami exec - Atlanta Business Chronicle:
kapitonragomo.blogspot.com
Caplin’s exit is the latest of severaorecent high-profile departures at C&W in The firm is one of Soutuh Florida's largest real estate brokeragesx and, like other brokerages, has seen few investment deal s in the last year. Former branchh manager Tere Blanca left in the sprinvg tolaunch , a firm focused on office leasingh and sales. Hank Klein, executive director of C&W in was notified last month that his positioj wasbeing eliminated. Steelbridge owns and manageas propertythroughout Florida. It sold , on Miami’s Brickelo Key, for $150 million in 2007 aftef an eight-year hold.
Steelbridge founder Gavihn Campbell will continue asmanaging principal, sharing the helm with Caplin. Capli is one of a handful of commercial brokers involvedd inSouth Florida’s largest commercial transactions. Caplin said his exit is in responses to a paradigm shift in local investment that come s at the tail end ofa cycle, wherd leasing and management for institutional investors became secondaru to market momentum.
During the boom yearse leading upto 2006, the expectation was that asset with strong track records could be purchasedf and flipped quickly for big For a short period of some owners made the strategy work, but then the economicd meltdown put the brakes on the Some, who bought in the last few years, were holdingg assets that cost too much compared to market fundamentals. The market has now shiftedf back to fundamental principles of with institutional investors and privatecapital “seekinb to co-invest with strong, nimble, local operatin partners,” Caplin said.
“The marke and investors mostlybelieve it’s about operations on the grounsd and knowing how to position a building in a particulat submarket,” he said. Caplin oversaw more than $7 billiomn in transactions at C&W, including ’ $307 millionm purchase of a half-stake in downtown Miami’e landmark and full ownership of the 1221 Brickello buildingin 2006. He was involvefd in the sale of 355 Alhambra in Coral Gablexfor $87.3 million in 2008 and is currently workingv with Hines to refinance its debt at . Caplin is a graduatee of south Miami-Dade County’s Palmetto High School. He graduatedx from in 1985 witha bachelor’s degrew in finance and real estate.
Two yearsz later, he left C&W’s appraisapl group to launch the company’s local investment sale s operation. Caplin was part of a team in the late 1980se that first specialized in investmenrt salesin Miami. During the mid-1990s, Steelbridgwe Capital had 2 million squares feet of commercial real estate in its portfoli in seven Florida marketsincluding Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’d arrival marks another periodof opportunity-investment for the company, Steelbridge’ws Campbell said. "We think valuations are finally starting to lookattractivew again,” Campbell said in a statement.
“Thre opportunity to buy Florida assets at significanyt discounts to replacement cost is whilethe long-term job and demographic prospects for Florida and the Caribbeanj basin are as strong as ever. Jay’s leadershipl will be the linchpib ofour strategy."
Caplin’s exit is the latest of severaorecent high-profile departures at C&W in The firm is one of Soutuh Florida's largest real estate brokeragesx and, like other brokerages, has seen few investment deal s in the last year. Former branchh manager Tere Blanca left in the sprinvg tolaunch , a firm focused on office leasingh and sales. Hank Klein, executive director of C&W in was notified last month that his positioj wasbeing eliminated. Steelbridge owns and manageas propertythroughout Florida. It sold , on Miami’s Brickelo Key, for $150 million in 2007 aftef an eight-year hold.
Steelbridge founder Gavihn Campbell will continue asmanaging principal, sharing the helm with Caplin. Capli is one of a handful of commercial brokers involvedd inSouth Florida’s largest commercial transactions. Caplin said his exit is in responses to a paradigm shift in local investment that come s at the tail end ofa cycle, wherd leasing and management for institutional investors became secondaru to market momentum.
During the boom yearse leading upto 2006, the expectation was that asset with strong track records could be purchasedf and flipped quickly for big For a short period of some owners made the strategy work, but then the economicd meltdown put the brakes on the Some, who bought in the last few years, were holdingg assets that cost too much compared to market fundamentals. The market has now shiftedf back to fundamental principles of with institutional investors and privatecapital “seekinb to co-invest with strong, nimble, local operatin partners,” Caplin said.
“The marke and investors mostlybelieve it’s about operations on the grounsd and knowing how to position a building in a particulat submarket,” he said. Caplin oversaw more than $7 billiomn in transactions at C&W, including ’ $307 millionm purchase of a half-stake in downtown Miami’e landmark and full ownership of the 1221 Brickello buildingin 2006. He was involvefd in the sale of 355 Alhambra in Coral Gablexfor $87.3 million in 2008 and is currently workingv with Hines to refinance its debt at . Caplin is a graduatee of south Miami-Dade County’s Palmetto High School. He graduatedx from in 1985 witha bachelor’s degrew in finance and real estate.
Two yearsz later, he left C&W’s appraisapl group to launch the company’s local investment sale s operation. Caplin was part of a team in the late 1980se that first specialized in investmenrt salesin Miami. During the mid-1990s, Steelbridgwe Capital had 2 million squares feet of commercial real estate in its portfoli in seven Florida marketsincluding Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’d arrival marks another periodof opportunity-investment for the company, Steelbridge’ws Campbell said. "We think valuations are finally starting to lookattractivew again,” Campbell said in a statement.
“Thre opportunity to buy Florida assets at significanyt discounts to replacement cost is whilethe long-term job and demographic prospects for Florida and the Caribbeanj basin are as strong as ever. Jay’s leadershipl will be the linchpib ofour strategy."
Sunday 8 April 2012
General Motors exits bankruptcy - Puget Sound Business Journal (Seattle):
onoeuqedol1902.blogspot.com
The new company has $11 billion in U.S. excluding $9 billion in preferrex stock. The company expects to go publicfnext year, Chief Executive Fritz Henderson said duriny a news conference Friday morning. GM will cut an additionap 35 percent ofits U.S. managemenft employees and 20 percent of salaried employeeas byyear end, Henderson said, adding he hasn’t calculated the numbef of employees to be The company will cut its overall U.S. employment to about 64,000 by year end, down 30 percent from the currenft 91,000. GM filed for Chapter 11 bankruptcy protectio nJune 1. “Today starts a new era for General Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorsx is fully committed to listeningfto customers, responding to consumer and markeyt trends, and empowering the peopld closest to the customer to make the decisions. Our goal is to buildx more of the cars, trucks and crossovers that customers and to get them to market fastedr thanever before.” The new GM will have four core brands: Cadillac, Buick and GMC. It will have 34 nameplatee next year, down from 48. •U.S. Treasury Department: 60.8 •UAW Retiree Medical Benefits Trust: 17.5 percent. •Canadian and Ontarik governments: 11.7 percent.
•The old GM: 10 Henderson said GM intends to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertrainh and stamping plants, down from 47 in 2008. And it expectx its plants to reacjh capacityduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The companh eliminated its GM North Americapresident position, and Henderson takes responsibilityy for GM’s North American operations.
GM is based in
The new company has $11 billion in U.S. excluding $9 billion in preferrex stock. The company expects to go publicfnext year, Chief Executive Fritz Henderson said duriny a news conference Friday morning. GM will cut an additionap 35 percent ofits U.S. managemenft employees and 20 percent of salaried employeeas byyear end, Henderson said, adding he hasn’t calculated the numbef of employees to be The company will cut its overall U.S. employment to about 64,000 by year end, down 30 percent from the currenft 91,000. GM filed for Chapter 11 bankruptcy protectio nJune 1. “Today starts a new era for General Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorsx is fully committed to listeningfto customers, responding to consumer and markeyt trends, and empowering the peopld closest to the customer to make the decisions. Our goal is to buildx more of the cars, trucks and crossovers that customers and to get them to market fastedr thanever before.” The new GM will have four core brands: Cadillac, Buick and GMC. It will have 34 nameplatee next year, down from 48. •U.S. Treasury Department: 60.8 •UAW Retiree Medical Benefits Trust: 17.5 percent. •Canadian and Ontarik governments: 11.7 percent.
•The old GM: 10 Henderson said GM intends to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertrainh and stamping plants, down from 47 in 2008. And it expectx its plants to reacjh capacityduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The companh eliminated its GM North Americapresident position, and Henderson takes responsibilityy for GM’s North American operations.
GM is based in
Friday 6 April 2012
Active older adults less likely to experience functional limitations - Zee News
vypybiza.wordpress.com
Zee News | Active older adults less likely to experience functional limitations Zee News Washington: Older adults who experienced any level of psychological distress were more than four times more likely to experience functional limitation than those who did not, researchers from Australia have found. Led by Gregory Kolt, PhD, ... |
Wednesday 4 April 2012
SBA amends 504 loan program - The Business Review (Albany):
ykyhola.blogspot.com
The permanent change was authorized by the Americahn Recovery and Reinvestment Actof 2009. It is the latesr of several SBA program modifications contained in the stimulus plan totake effect. Others have included a temporary increaswe in the guarantee level onmost 7(a) program reduced fees on both 7(a) and 504 and a doubling of the suretyu bond guarantee level for small businessesz competing for construction and servicr contracts. The 504 program provides financing for smalo businesses to purchase real estatwe and otherfixed assets, such as heavy equipment or and to expand an existinh development project.
The loans are made partially by banks and partially by a CertifiedDevelopment Company, with the borrowed putting in 10 percent. In the N.Y. area, most 504 loans go through Unde r therevised rules, 504 loans now may be used to refinancre existing loans used to buy real estatr and other fixed assets. The refinancin g must be tied to abusiness expansion, and the debt refinanced may not exceed 50 percent of the projecte d cost of that expansion.
An “expansion” includes any project that involveasthe acquisition, construction or improvement of building or equipment for use by the small “This is one more piece of the Recovery Act that is goinvg to have a direct impact and put more money in the hands of small business owners just when they need it most,” said SBA Administratord Karen Mills. “Lower interest rates mean lower paymentas and less money going out the door each monthy indebt repayments. That means more cash on hand to keep theirfdoors open, their employees working and to even expand and creatw more jobs.
”
The permanent change was authorized by the Americahn Recovery and Reinvestment Actof 2009. It is the latesr of several SBA program modifications contained in the stimulus plan totake effect. Others have included a temporary increaswe in the guarantee level onmost 7(a) program reduced fees on both 7(a) and 504 and a doubling of the suretyu bond guarantee level for small businessesz competing for construction and servicr contracts. The 504 program provides financing for smalo businesses to purchase real estatwe and otherfixed assets, such as heavy equipment or and to expand an existinh development project.
The loans are made partially by banks and partially by a CertifiedDevelopment Company, with the borrowed putting in 10 percent. In the N.Y. area, most 504 loans go through Unde r therevised rules, 504 loans now may be used to refinancre existing loans used to buy real estatr and other fixed assets. The refinancin g must be tied to abusiness expansion, and the debt refinanced may not exceed 50 percent of the projecte d cost of that expansion.
An “expansion” includes any project that involveasthe acquisition, construction or improvement of building or equipment for use by the small “This is one more piece of the Recovery Act that is goinvg to have a direct impact and put more money in the hands of small business owners just when they need it most,” said SBA Administratord Karen Mills. “Lower interest rates mean lower paymentas and less money going out the door each monthy indebt repayments. That means more cash on hand to keep theirfdoors open, their employees working and to even expand and creatw more jobs.
”
Monday 2 April 2012
Jazz put postseason aspirations on line against Blazers - Fox News
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Jazz put postseason aspirations on line against Blazers Fox News There's no need to break out the defibrillator yet for the Utah Jazz in their pursuit of a postseason spot, as they try to inch closer to the playoffs tonight against the Portland Trail Blazers at the Rose Garden. Utah is one game behind Houston for ... |
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