Ackman Sees A Shrinking Target Aug 12, 2009
Ackman -- who had sought to replace five Target directors after the discount chain rejected his idea to spin off its real estate last year -- cut his interest in the company to 4. 4 percent from 7. (New York Post -- Business)
Piscataqua Maritime Commission announces Tall Ships schedule Aug 4, 2009
Tuesday August 4, 2009. Today's most viewed articles. (Seacoast New Hampshire)
County passes tax on mortgages Jul 31, 2009
Local real estate broker Barton Wallace of Wallace Realtors in Coxsackie requested that the legislature table the vote to perform further fact-finding on the tax s potential implications ... Any extra burden placed upon a first-time home buyer is going to affect not only homebuyers but sellers of real estate, Wallace said, using as an example, a senior citizen hoping to sell their home and move into senior housing ... Legislator Larry Gardner, D-Hunter, who is also an attorney who deals in real... (Catskill Daily Mail, NY)
Dodd Man Out? Jul 30, 2009
Dodd has had other real estate troubles. The Hartford Courant recently reported on a cottage in Ireland in which Dodd has an interest. (Investors Business Daily)
Official: Dodd, Conrad told they were getting VIP discount Jul 28, 2009
a one-time real estate executive, asked more detailed questions about the mortgage agreements' terms. Countrywide VIPs, Feinberg told the committees, received discounts on rates, fees and points. (USA Today -- News)
Witness says Conrad aware of VIP treatment Jul 28, 2009
LOADING Jul 27, 2009 - 17:44:17 CDT WASHINGTON (AP) Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation s largest lenders, the official who handled their loans has told Congress in secret testimony. (Bismarck Tribune, ND)
Caution at comptroller's building Jul 27, 2009
Firm seeks Experienced Paralegal with concentration in Real Estate. center located in Latham. (Albany Times Union)
Wachovia takes Wells Fargos name Jul 7, 2009
Wachovia takes Wells Fargos name - Business First of Buffalo. for free extra services. (Buffalo Business First, NY)
Opus East files for Ch. 7 liquidation Jul 3, 2009
Declining real estate values and tight credit markets continue to impede the refinancing of assets and restructuring of lending agreements, said Mark Rauenhorst, chairman and CEO of Opus Corp. We are taking the actions announced today to liquidate Opus East s portfolio and allow for the restructuring of Opus West s operations ... Washington Real Estate. (Washington Business Journal, DC)
HCP Files Complaints Against Sunrise Senior Living Jun 30, 2009
Real estate investment trust HCP Inc. said Monday it filed complaints against Sunrise Senior Living Inc. and its subsidiaries, and wants to terminate agreements on 64 properties. The company alleges a breach of contract. (ABC News -- Wire)
BUSINESS BRIEFS Jun 25, 2009
3 percent in June from a year earlier as unem ployment curbed de mand for new leases, the Real Estate Group of New York said yester day. Hard drive. (New York Post -- Business)
Flying J To Close Restaurants In Texas, 4 Other States Jun 24, 2009
Real Estate Headlines. Gray Television, Inc. - Copyright 2002-2009 - Designed by Gray Interactive Media - Powered by Clickability. (KWTX.com, TX)
Eddie Bauer Seeks Bankruptcy Protection Jun 18, 2009
I have a friend who always takes out a second when he purchases real estate ... He has done well so I can't argue, but all my real estate is paid for and I feel good. (CBS News)
SendTec files for bankruptcy protection Jun 16, 2009
SendTec files for Chapter 11 bankruptcy protection - Tampa Bay Business Journal. for free extra services. (Tampa Bay Business Journal, FL)
Syms-Vornado Win Filene's With $62.4 Million Bid Jun 16, 2009
The offer beat out a rival bid by Men's Wearhouse Inc and Crown Acquisitions, a retail real estate investment firm, and includes the leases for 23 Filene's stores, its trade name, inventory and distribution center, said Terry Corrigan of Abacus Advisors ... "Assuming the bankruptcy judge approves the sale, this is a transformative deal for Syms in our view, it is double barreled, for their retail business and their owned real estate assets," said Andrew Sole, a managing member of Esopus Creek... (ABC News -- Wire)
TD Bank Financial Group Reports Second Quarter 2009 Results May 28, 2009
94% compared with the second quarter last year, but was up 12 bps compared with the prior quarter due to wider real estate secured lending margins, partially offset by narrower margins in term and business deposits ... The PCL increases were largely due to higher levels of charge-offs and reserve increases resulting from loan risk rating downgrades, principally in commercial real estate ... The increase was largely due to net new formations resulting from continued weakness in the real estate... (Canada Newswire)
So far, investors aren't fighting back to change CEO pay levels May 23, 2009
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
Bids on Filene's Basement due June 3 May 20, 2009
Two New York real estate firms, Crown Acquisitions and Chetrit Group, jointly offered $22 million to buy 17 of the retailer's 26 shops, including the shuttered flagship store in Downtown Crossing. Filene's Basement, which is based in Burlington, has struggled over the past year to cope with the economic downturn, increased competition, and underperforming stores. (Boston Globe)
Murder charge tossed against Del. shooting suspect May 20, 2009
Denise Braden refused to let her son speak with a reporter, but she said he works for a water quality testing company and is taking real estate classes. Braden said her son will return to college, but that "it won't be in Delaware.". (WSVN-TV Miami, FL)
LOOKING UP: Take in the galactic scenery tonight May 18, 2009
Our galactic neighborhood, the Local Group, is a nice piece of real estate. We have around 30 neighbors and unlike many of us on Earth, we are getting to know who is next door. (Medfield Press, MA)
North Georgia bankruptcy filings climb 36 percent May 14, 2009
With the national economy in recession, the banking sector wringing out its own problems and, now, commercial real estate development about to collapse, Atlanta s mojo is gone ... Since Atlanta s growth in the last several years was so reliant on commercial real estate, many Atlanta bankruptcy attorneys predict a spike in Chapter 11 filings from that sector later this year ... There will be more Chapter 11s here, but the corporate covenant defaults and commercial real estate cases are still in... (Atlanta Journal-Constitution -- Business)
Baxter, FDA investigating heparin deaths May 13, 2009
Top Finance Headlines. Top Government Headlines. (Crain's Chicago Business)
Filene's Basement to remain open on Needham Street May 8, 2009
Real estate firms Crown Acquisitions and The Chetrit Group teamed up on a deal to buy the 17 locations - including the chain's Back Bay and Newton stores - for $22 million. "It's a great opportunity," said Stanley Chera, chairman of Crown Acquisitions. (Needham Tab, MA)
Local Sports Results May 5, 2009
Featured Real Estate. Franklin charming 1 bedroom studio Franklin charming 1 bedroom studio above antique store. (Yahoo News -- Auto Racing)
Filenes Basement files Chapter 11 May 5, 2009
Baltimore Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Baltimore Business Journal, MD)
Filene's Basement files for Chapter 11 May 5, 2009
the Boston bargain merchant, filed for bankruptcy protection yesterday and two New York real estate firms offered $22 million to buy 17 of the retailer's 26 shops, including the closed flagship store in Downtown Crossing and the Newbury Street digs ... Chetrit Group's real estate holdings include the Sears Tower and 620 Sixth Ave. in New York, which houses one of Filene Basement's most successful Manhattan stores. (Boston Globe)
Crown Acquisitions to buy 17 Filenes stores May 5, 2009
New York-based Crown, which owns more than 10 million square feet of commercial space, says it plans to continue operating the stores and will not liquidate the inventory or real estate ... Washington Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Washington Business Journal, DC)
Filenes files Chapter 11, some stores spared May 5, 2009
An affiliate of real estate and asset management firm Crown Acquisitions agreed to acquire 17 Filene s leases, including the Columbus store on Dublin-Granville Road and the chain s flagship Downtown Crossing store in Boston ... Columbus Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Columbus Business First, OH)
WaMu Seeks to Investigate JPMorgan Conduct in Deal May 2, 2009
9 billion in assets, including several corporate entities, real estate assets and an insurance business. WaMu said in court documents that if the claims in the Texas suit turn out to be true, JPMorgan could be held responsible for the "destruction" of the parent company and the "total losses suffered by its creditors and shareholders.". (ABC News -- Wire)
More rights for shareholders Apr 9, 2009
The real capitalists need more say to prevent excess risk-taking. By the Monitor's Editorial Board. (Christian Science Monitor)
Lewisburg attorney ready for challenge Apr 4, 2009
Wilson has done extensive work with civil litigation, real estate laws, family law, estates and land use. I am and have been the first assistant district attorney in Union County, and I held the position of assistant district attorney for 10 years, he added. (Milton Standard Journal, PA)
Chicago dailies tell different bankruptcy stories Apr 1, 2009
This years group feature a cross-section of professionals, from a real estate guru who writes. This year's honorees feature a diverse lineup of up-and-comers, from chefs to statisticians to. (Crain's Chicago Business)
Store will close Apr 1, 2009
He intends to start letting commercial developers and real estate agents know there will be a vacancy, but doesn t expect immediate action. There s going to come a long period of time of negotiations, Senn said. (Klamath Falls Herald & News, OR)
Court Approves WorldSpace, Inc. Asset Sale Mar 21, 2009
Source: WorldSpace, Inc.. --(BUSINESS WIRE)--WorldSpace, Inc. (WRSPQ.PK) announced that the United States Bankruptcy Court in Delaware yesterday approved the sale of substantially all of the assets related to the satellite radio business of it and its U.S. subsidiaries, WorldSpace Systems Corporation and AfriSpace, Inc. to Yenura Pte. (Yahoo! Wire -- Entertainment News)
MI Developments notice of release of fourth quarter and 2008 results and annual meeting Mar 20, 2009
MID is a real estate operating company focusing primarily on the ownership, leasing, management, acquisition and development of a predominantly industrial rental portfolio for Magna International Inc. and its subsidiaries in North America and Europe. MID also acquires land that it intends to develop for mixed-use and residential projects. (PR Newswire)
JCC sells Camp Lakeland Mar 19, 2009
The property is under contract with , a real estate holding company in Jamestown, which plans to transfer ownership to a yet-to-be-formed nonprofit organization ... Stay up to date on the latest news from within the commercial real estate industry. (Buffalo Business First, NY)
TM Entertainment and Media, Inc. Announces Rescheduling of Annual Stockholders' Meeting Mar 17, 2009
Source: TM Entertainment and Media, Inc.. NEW YORK, March 16 /PRNewswire-FirstCall/ -- TM Entertainment and Media, Inc. (the "Company") (Amex: - ), today announced that its previously scheduled Annual Meeting of Stockholders for the purpose of electing directors and transacting any other business that may properly come before the meeting in accordance with the Company's By Laws, has been rescheduled from April 14 to May 13, 2009. (Yahoo! Wire -- Entertainment News)
RadNet Reports Record 2008 Annual and Fourth Quarter Results and Reduces Annual Loss Mar 16, 2009
Source: RadNet, Inc.. For the year, RadNet reports Revenue of $502. (Primezone Releases)
Court Enters Order Restricting Trading in Stock of Pacific Energy Resources Ltd. Mar 13, 2009
Source: Pacific Energy Resources Ltd.. LONG BEACH, CALIFORNIA--(Marketwire - March 12, 2009). (CCNMatthews Press Releases)
TM Entertainment and Media, Inc. Hires MacKenzie Partners, Inc. Mar 5, 2009
Source: TM Entertainment and Media, Inc.. NEW YORK--(BUSINESS WIRE)--TM Entertainment and Media, Inc. (AMEX: - ) (the Company) today announced that it has hired MacKenzie Partners, Inc. as the Companys proxy solicitor and advisor in connection with (1) the Companys consent revocation solicitation against Opportunity Partners L.P., (2) the Companys 2009 annual meeting of stockholders and (3) any special meeting of stockholders to approve a business combination between the Company... (Yahoo! Wire -- Entertainment News)
RadNet, Inc. Announces Date of Fourth Quarter and Full Year 2008 Earnings Conference Call Mar 3, 2009
Source: RadNet, Inc.. LOS ANGELES, March 3, 2009 (GLOBE NEWSWIRE) -- RadNet, Inc. (NasdaqGM: - ), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that it will host a conference call to discuss its fourth quarter and full year 2008 results on Monday, March 16th, 2009 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). (Primezone Releases)
Judge calls for receiver at Statler Feb 28, 2009
for free extra services. Subscribe to Business First. (Buffalo Business First, NY)
Erdene Concludes Reverse Takeover of Beta Minerals Inc. Feb 28, 2009
Source: Erdene Resource Development Corporation. New Specialty Kaolin Business Launched. (CCNMatthews Press Releases)
2009: A Challenging Year for Entertainment and Media Deal Makers Feb 28, 2009
Source: PricewaterhouseCoopers' Transaction Services. Completed 2008 transaction value exceeded $150 billion due to 2006 "mega" deal backlog; 2008 transaction volume off 17% from 2007 pace. (Yahoo! Wire -- Entertainment News)
Calif. builder files for bankruptcy protection Feb 21, 2009
Dubai-based Emaar Properties, one of the world's largest developers, bought John Laing for more than $1 billion in 2006 during the real estate boom. Emaar last week reported a fourth-quarter loss based mostly on a $482 million write-down in goodwill at John Laing. (San Francisco Chronicle -- Business)
Rosetta Resources Inc. Announces Year End 2008 Financial Conference Call Feb 20, 2009
Source: Rosetta Resources Inc.. HOUSTON, Feb. 19, 2009 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (``Rosetta'')(NasdaqGS: - ) today announced it will hold its 2008 year end results conference call on Monday, March 2, 2009. (Primezone Releases)
Abraxas posts loss for 2008 Feb 18, 2009
Stay up to date on the latest news from within the commercial real estate industry ... San Antonio Real Estate. (San Antonio Business Journal, TX)
Midway Receives Court Approval of Cash Collateral and Other First Day Motions Feb 17, 2009
Source: Midway Games Inc.. Court Authorizes Company to Utilize Cash, Continue Salary and Other Employee Benefits, Pay Pre-Petition Claims to Critical Vendors, Pay for Post-Petition Goods and Services. (Yahoo! Wire -- Entertainment News)
Martin Group reworks Main St. plan Feb 17, 2009
Stay up to date on the latest news from within the commercial real estate industry. News, analysis and ideas that defy the odds and the times. (Buffalo Business First, NY)
TM Entertainment and Media, Inc. Receives Notice of Delisting from NYSE Feb 14, 2009
Source: TM Entertainment and Media, Inc.. NEW YORK--(BUSINESS WIRE)--TM Entertainment and Media, Inc. (AMEX: - ) (the Company) today announced that on February 10, 2009 it received a notice from NYSE Alternext US (the Exchange) indicating that the Company is below certain of the Exchanges continued listing standards due to its failure to hold an annual meeting of stockholders in 2008 as set forth in Section 704 of the Exchanges Company Guide. (Yahoo! Wire -- Entertainment News)
Midway Games files Chapter 11 Feb 13, 2009
This years group feature a cross-section of professionals, from a real estate guru who writes. Looking for a new job. (Crain's Chicago Business)
FPI MB Entertainment LLC Enters Into Contract With Bankruptcy Court Trustee to Purchase Assets of Hard Rock Park Feb 12, 2009
Source: FPI MB Entertainment LLC. MYRTLE BEACH, S.C., Feb. 11 /PRNewswire/ -- FPI MB Entertainment LLC (FPI MBE) announced today it has entered into a contract to purchase substantially all the assets of Hard Rock Park in Myrtle Beach, S.C. The group's contract is with the appointed Chapter 7 Trustee in the United States Bankruptcy Court for the District of Delaware. (Yahoo! Wire -- Entertainment News)
Power Integrations Settles Patent Litigation With BCD Semiconductor Feb 12, 2009
Source: Power Integrations, Inc.. Feb. 11, 2009 (GLOBE NEWSWIRE) -- Power Integrations (NasdaqGS: - ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that it has agreed to terms of a settlement in its patent litigation with BCD Semiconductor. (Primezone Releases)
Muzak Files Voluntary Chapter 11 Petitions to Facilitate a Balance Sheet Restructuring Feb 11, 2009
Source: Muzak Holdings LLC. Operations to Continue as Normal. (Yahoo! Wire -- Entertainment News)
Rochester Headquarters for eBaum's World Closed Feb 10, 2009
ROCHESTER, N.Y., Feb. 9 /PRNewswire/ -- On or about January 26, 2009 Eric Bauman and Neil Bauman filed claims against ZVUE Corporation, a Delaware corporation, in the New York State Supreme Court, New York County, seeking payment for unpaid salaries. On or about January 29, 2009, ZVUE Corporation commenced legal action against Eric's Universe, Inc., Eric Bauman and Neil Bauman in the New York State Supreme Court, New York County, for various matters related to the performance of certain... (Yahoo! Wire -- Entertainment News)
