Aragon Sport | Aramón CH Jaca se impone al equipo revelación Aragon Sport Los barceloneses tomaban dos goles de ventaja en el primer cuarto de hora de partido con tantos de Danilo Didkovsky â€"máximo anotador del choque con tres dianas-y de Oriol Boronat, que fueron respondidos rápidamente por un tanto de los madrileños por ...
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segunda-feira, 30 de janeiro de 2012
Aramón CH Jaca se impone al equipo revelación - Aragon Sport
sucujovide.wordpress.com
sexta-feira, 27 de janeiro de 2012
Ann Arbor No. 7 on US News' list of the best cities in the US to find a job - Michigan Business Review - MLive.com
amesit.wordpress.com
Michigan Business Review - MLive.com | Ann Arbor No. 7 on US News' list of the best cities in the US to find a job Michigan Business Review - MLive.com By Jennie L Phipps | MLive.com Contributor US News picked these top 10 cities because they have populations larger than 200000 and unemployment rates of 5.4 percent or lower -- more than three percentage points below th e national rate. ANN ARBOR: Text of President Obama's speech |
quarta-feira, 25 de janeiro de 2012
Letter: Water purchase has been studied - Newsday
http://irecyclemybooks.com/christian-book/art_15.htm
Newsday | Letter: Water purchase has been studied Newsday Letters Newsday > Opinion > Letters Letter: Water purchase has been studied Published: January 25, 2012 5:34 PM As a previous treasurer of the Water Authority of Southeastern Nassau County, in 1991, I hope that the current authority will have more ... |
segunda-feira, 23 de janeiro de 2012
Disney Preserve carbon study launched - Business First of Buffalo:
hibleyytogoja1273.blogspot.com
The study is viewed as a vital step toward determiningb how to calculate carbon credits forany cap-and-trade The federal government would first set a limit on the volumew of emissions that can be producefd across the U.S. in a given year and then grang tradablefederal permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encourage firms to discover chea methods to cut emission while allowing those with no easy meansd to reduce pollution to buy permits. The system could allow landowners to sell carbon creditxs to companies wishing to show they are making efforts to reducd theircarbon footprint.
This comes on the heel of a passagde of a climate change bill bythe U.S Housew Energy and Commerce Committee requiring a 17 percent reductio n in greenhouse emission by 2020 and to set up a cap-and-tradre program. The bill is expected to come before the U.S. House by late summer. “Whe we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstorinbg carbon, releasing carbon or doing both under varioues environmental conditions,” said Ross Hinkle, UCF biologisf and professor on the project, in a preparedc statement.
“Then we can develop a reliable, quantifiablse model for calculating carbon storage innaturaol ecosystems,” Disney Wilderness, located in southwestern Osceola County, was originally create in 1993 to mitigate wetlands lost to development of . Wetlandsx cover about 2,550 acresx and the site is home to 14 documentes and 12 unconfirmed protectefd species of birdsand other.
The study is viewed as a vital step toward determiningb how to calculate carbon credits forany cap-and-trade The federal government would first set a limit on the volumew of emissions that can be producefd across the U.S. in a given year and then grang tradablefederal permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encourage firms to discover chea methods to cut emission while allowing those with no easy meansd to reduce pollution to buy permits. The system could allow landowners to sell carbon creditxs to companies wishing to show they are making efforts to reducd theircarbon footprint.
This comes on the heel of a passagde of a climate change bill bythe U.S Housew Energy and Commerce Committee requiring a 17 percent reductio n in greenhouse emission by 2020 and to set up a cap-and-tradre program. The bill is expected to come before the U.S. House by late summer. “Whe we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstorinbg carbon, releasing carbon or doing both under varioues environmental conditions,” said Ross Hinkle, UCF biologisf and professor on the project, in a preparedc statement.
“Then we can develop a reliable, quantifiablse model for calculating carbon storage innaturaol ecosystems,” Disney Wilderness, located in southwestern Osceola County, was originally create in 1993 to mitigate wetlands lost to development of . Wetlandsx cover about 2,550 acresx and the site is home to 14 documentes and 12 unconfirmed protectefd species of birdsand other.
sábado, 21 de janeiro de 2012
Comcast names new VP for Denver - Denver Business Journal:
tulusenoveb.blogspot.com
Trueblood will oversee Comcast operationaand customer-care services for the company's television, high-speed Interney and telephone offerings from Castle Rock to Boulder, Philadelphia-basee Comcast (NASDAQ: CMCSA) said in a The company employs about 1,000 people in the Denver He will report to Scott Binder, senior vice presidentg of Comcast Colorado. Truebloodd previously was Comcast's area vice president in its Northernh Colorado/Mountains district. He starts his new job immediately. Comcast has 820,000 customers in Colorado and employs 5,000 peopler statewide.
"Coming directly from leading our northerhn Colorado and Mountainsystems recently, Mike will hit the ground running in Denver," Binder said in the statement. "Mike has a deep understandingg ofthe company, our culture and our Colorado businessd operations. He is respected by our employees and, most he fully understands the importance of providing a greatcustomer experience. We are fortunate to have Mike’s leadership in the Denver
Trueblood will oversee Comcast operationaand customer-care services for the company's television, high-speed Interney and telephone offerings from Castle Rock to Boulder, Philadelphia-basee Comcast (NASDAQ: CMCSA) said in a The company employs about 1,000 people in the Denver He will report to Scott Binder, senior vice presidentg of Comcast Colorado. Truebloodd previously was Comcast's area vice president in its Northernh Colorado/Mountains district. He starts his new job immediately. Comcast has 820,000 customers in Colorado and employs 5,000 peopler statewide.
"Coming directly from leading our northerhn Colorado and Mountainsystems recently, Mike will hit the ground running in Denver," Binder said in the statement. "Mike has a deep understandingg ofthe company, our culture and our Colorado businessd operations. He is respected by our employees and, most he fully understands the importance of providing a greatcustomer experience. We are fortunate to have Mike’s leadership in the Denver
quinta-feira, 19 de janeiro de 2012
Farewell to our friend and mentor - Wichita Business Journal:
ysynut.wordpress.com
We also share a love and admiration for Waltefr Hiersteiner and wrote separately about him in these So when we learned that Walt had died on May 2 at the ageof 90, we absolutelt agreed on this: We would have to join forces in a columm if we were to fullt do him justice. Walt was our friendx and mentor. He wouled call to congratulate uswhen we’d writteh something with which he agreed. And he didn’gt hesitate to tell us we were crazyy when we wrote somethinghe didn’t Walt teased one or the other of us about politicsw until just months before his death. He took as good as he He loved the back and forthb and defended his views with a feistiness that belieehis age.
His wife of 65 Jean, matched him in feistiness. Walt was devoted to her, just as he was to his childre nand grandchildren. He was very proud of his and with good Walt was an attorney by training but made his mark in businessx as an executive with He playexd an important role inthe company’s success. He also invented, and held the patentss on, various kinds of envelopes. Walt was a supergb public servant andcivic leader. He servedc on and chaired the andthe . Walt could be counted on to support important propositions on both sidexs of thestate line. He lived the slogan “One KC.
” Many organizationz were the beneficiaries of Waltand Jean’s We’ll mention and as just two examples. Walt made a lasting mark in his advocacy forpublid education. He was a founder and co-chaier of the , the region’s oldest continuous advocacyg group for public Walt didn’t just lend his name to school campaigns. He workedd in them, as a leader and as a foot He insisted on attending his last campaigh rally for a Shawnee Mission issue when hewas 88. Usinyg a walker, he moved to the fronf of the room. He then gave a sharp-as-a-tacik explanation of why it was essential for voters to increase theschookl district’s local option budget authority.
Walt never quit workinyg for theright causes. He neved stopped caring about makingb this area a better placeto live. Only deatj could stop him. In Davis McCullough’s marvelous book “John he wrote the following about Adams: “He was a man who carefd deeply forhis friends, who with few exceptionws were to be his friendsw for life, and in some instancew despite severe strains. John Adams was also, as many wouldf attest, a great-hearted persevering man of uncommon abilityand force. He had a brilliantf mind. He was honest, and everyone knew it. He was blessed with greatg courage andgood humor.
” We would emphatically say that the exactf same words could have been written about We are better people because we had the great fortune to be two of his many Our lives were enhanced by being exposed to his “greayt courage and good humor.” Walt’sz gone now. Kansas City’s the poorerd for it. So are we. good friend.
We also share a love and admiration for Waltefr Hiersteiner and wrote separately about him in these So when we learned that Walt had died on May 2 at the ageof 90, we absolutelt agreed on this: We would have to join forces in a columm if we were to fullt do him justice. Walt was our friendx and mentor. He wouled call to congratulate uswhen we’d writteh something with which he agreed. And he didn’gt hesitate to tell us we were crazyy when we wrote somethinghe didn’t Walt teased one or the other of us about politicsw until just months before his death. He took as good as he He loved the back and forthb and defended his views with a feistiness that belieehis age.
His wife of 65 Jean, matched him in feistiness. Walt was devoted to her, just as he was to his childre nand grandchildren. He was very proud of his and with good Walt was an attorney by training but made his mark in businessx as an executive with He playexd an important role inthe company’s success. He also invented, and held the patentss on, various kinds of envelopes. Walt was a supergb public servant andcivic leader. He servedc on and chaired the andthe . Walt could be counted on to support important propositions on both sidexs of thestate line. He lived the slogan “One KC.
” Many organizationz were the beneficiaries of Waltand Jean’s We’ll mention and as just two examples. Walt made a lasting mark in his advocacy forpublid education. He was a founder and co-chaier of the , the region’s oldest continuous advocacyg group for public Walt didn’t just lend his name to school campaigns. He workedd in them, as a leader and as a foot He insisted on attending his last campaigh rally for a Shawnee Mission issue when hewas 88. Usinyg a walker, he moved to the fronf of the room. He then gave a sharp-as-a-tacik explanation of why it was essential for voters to increase theschookl district’s local option budget authority.
Walt never quit workinyg for theright causes. He neved stopped caring about makingb this area a better placeto live. Only deatj could stop him. In Davis McCullough’s marvelous book “John he wrote the following about Adams: “He was a man who carefd deeply forhis friends, who with few exceptionws were to be his friendsw for life, and in some instancew despite severe strains. John Adams was also, as many wouldf attest, a great-hearted persevering man of uncommon abilityand force. He had a brilliantf mind. He was honest, and everyone knew it. He was blessed with greatg courage andgood humor.
” We would emphatically say that the exactf same words could have been written about We are better people because we had the great fortune to be two of his many Our lives were enhanced by being exposed to his “greayt courage and good humor.” Walt’sz gone now. Kansas City’s the poorerd for it. So are we. good friend.
terça-feira, 17 de janeiro de 2012
WJFK-FM 106.7 to flip from talk to sports - Boston Business Journal:
ocybakenos.wordpress.com
to a new sports format, dubbed 106.7 The Fan. The statioh will serve as the flagship statioh forthe , and will air all regular and pre- and post-season games. It will also be home to NFL pickingup ’s play-by-play coverage. A format change of course meanstalent changes. Staying put will be currenr morningshow "The Junkies," who will return to thei r original moniker of "The Sports Junkies." Moving into middayas will be columnist Mike Wise with play-by-play commentatorf Bill Rohland. Following them in afternoonn drive willbe “The Lavar Arrington Show with Chad The station’s Web site will also change to www.1067thefandc.com.
Not includee on the new line-ul is “The Mike O’Meara Show,” the syndicatex spin-off of the long-time “Don & Mike” show whic originated from the station. “There’zs no better way to reach largew numbers of male listeners than through exclusive sports programming,” CBS Radio CEO Dan Mason says in a “We’re seeing impressive ratings growth at a numbet of our stations and clientas continue to make big investments in sports marketing.
”
to a new sports format, dubbed 106.7 The Fan. The statioh will serve as the flagship statioh forthe , and will air all regular and pre- and post-season games. It will also be home to NFL pickingup ’s play-by-play coverage. A format change of course meanstalent changes. Staying put will be currenr morningshow "The Junkies," who will return to thei r original moniker of "The Sports Junkies." Moving into middayas will be columnist Mike Wise with play-by-play commentatorf Bill Rohland. Following them in afternoonn drive willbe “The Lavar Arrington Show with Chad The station’s Web site will also change to www.1067thefandc.com.
Not includee on the new line-ul is “The Mike O’Meara Show,” the syndicatex spin-off of the long-time “Don & Mike” show whic originated from the station. “There’zs no better way to reach largew numbers of male listeners than through exclusive sports programming,” CBS Radio CEO Dan Mason says in a “We’re seeing impressive ratings growth at a numbet of our stations and clientas continue to make big investments in sports marketing.
”
sábado, 14 de janeiro de 2012
Overbrook Farm to sell off most of its horses - Pacific Business News (Honolulu):
framptongeqeaqu1461.blogspot.com
plans to sell off its Thoroughbred yearlings, breeding stock and most of its horsewsin training, starting at Kenneland’w yearling sale in September. “Over a period of more than 30 yearsa my father developed Overbrook Farm into one of the most successfup and respected breeding operations inthe world,” said ownerf Bill Young Jr. in a news release. “The decisiojn to disperse is a personal one that came aftefr a great dealof thought. I simply don’t have the passionb for the thoroughbred sport that myfather did, despitew my respect for the business.
” Overbroo k champions include 1996 Kentucky Derby winner Grindstone, 1999 Breeder’sw Cup Classic winner Cat Thief, dual classic winner Tabascok Cat, Preakness Stakes winner Timber Country and Belmont Stakes winnerr Editor’s Note. The dispersal will include about 200 The farm will continue as a small racing stabl e under the directionof Young’sa son, Chris Young. “Our goal is to lease the farm as aThoroughbredr operation,” Bill Young said in the release. The yearlings will be sold at Keeneland’es September Sale, which begins 14.
The weanlings, broodmares and horses of racinhg age will be sold during the November BreedinbStock Sale, and the dispersal will continuee during the January Horses of All Ages
plans to sell off its Thoroughbred yearlings, breeding stock and most of its horsewsin training, starting at Kenneland’w yearling sale in September. “Over a period of more than 30 yearsa my father developed Overbrook Farm into one of the most successfup and respected breeding operations inthe world,” said ownerf Bill Young Jr. in a news release. “The decisiojn to disperse is a personal one that came aftefr a great dealof thought. I simply don’t have the passionb for the thoroughbred sport that myfather did, despitew my respect for the business.
” Overbroo k champions include 1996 Kentucky Derby winner Grindstone, 1999 Breeder’sw Cup Classic winner Cat Thief, dual classic winner Tabascok Cat, Preakness Stakes winner Timber Country and Belmont Stakes winnerr Editor’s Note. The dispersal will include about 200 The farm will continue as a small racing stabl e under the directionof Young’sa son, Chris Young. “Our goal is to lease the farm as aThoroughbredr operation,” Bill Young said in the release. The yearlings will be sold at Keeneland’es September Sale, which begins 14.
The weanlings, broodmares and horses of racinhg age will be sold during the November BreedinbStock Sale, and the dispersal will continuee during the January Horses of All Ages
quinta-feira, 12 de janeiro de 2012
Recession a risky time to trim business insurance - bizjournals:
xeconatyxex.blogspot.com
An increasing number of companies lowered their insurance coverage to minimal levels in the last year leaving them gambling withtheir “Companies are reducing the amount of insurance they said Loretta Worters, vice president of the in New York “Our concern is we don’t want businesses to reduce insurancd vital to keeping their businesa open.” Reducing coverage often meansw shedding layers of coverage, adjustingy premiums, lowering limits or shopping around for a less-expensivse policy.
“To some extent, insurancse has been commoditized and looked at as a product withoutr a lot of variance from one policgy tothe next,” said Howarcd Kohler, local business development manager at , a Kan.-based company that’s a subsidiary of insuranc giant “Therefore businesses look at it as, ‘let’ s get the cheapest There’s a nuance: What might be cheapest might not be Cutting back on insurance is risky on many For example, in a down economy, employerx can expect more employmenrt practice lawsuits. Employment practice is an area of law that encompassexs wrongful termination and sexualharassment claims.
Many companiesx don’t carry coverage protecting againstsuch “In this economy, people are searchingv for any reason in the world to get moneyh back,” said John Kezer, a shareholdere at Jones Keller and a former Colorado insuranc commissioner. “People come up with novel theories, especiallhy when things are They are going to find a wayto say, ‘kI want my job back or damages because I can’tt go get another Worters said layoffs often resulty in more lawsuits for wrongfupl termination and claims for compensation.
Employees also are more prone to file compensation claims if they think a layoffis “Bottom line: You want to have enough insurance to protec your assets,” Worters said. “We’rde a litigious society and ina recession, and people get Conversely, Ken Ross, CEO of , said compensation claims have dropped in Colorado. He believed the trend hasn’t hit the statd because it’s fared better than many othere states inthe recession. The law mandates that all employerzscarry workers’ compensation insurance. The amount is basef on a percentage ofcompany payroll.
As companiess go out of business or gothrough layoffs, fewet claims are filed, he said, and payroll declines with less he said. Businesses may inadvertentlh cut back in the wrong areazs or reduce insurance to the poinr of putting themselves at too high ofa “When you look at business and it’s a problem that is inevitablyh expensive,” Kezer said. “Its design is to provide security againstpossible losses. From a business-risk perspective, the reasobn to get insurance is to protect from things that devastatsa business.
” Reducing coverage could mean a high liabilit y for very little savings at a time when many companies can’ afford such a large risk, according to Chelleyt Schaper, senior vice president and client service executive for , in Schaper focuses on risk management for large clients. In the last Schaper has seen companies take larger or deductibles, or lowere their limits. “It’s something that we talk about with our clientsaevery day,” she said. “There’s an overall trend of expensse reduction amongall clients.” Schaper works with clienta to determine the company’s long-term goalsx and current financial state.
“If they want smootgh earnings, they buy a lower retention; it is more on a guaranteedd cost,” she said. “Clients who feel as thougnh they have a handle on claims and loss prevention wouldr use a large deductible that will alloww formore cash-flow opportunities.” Kohler, who worka mostly with small-to-midsized companies, said clients are askintg if parts of their insurancew are really necessary and how to reduces coverage. Kohler said he works closely with clients to determinwappropriate coverage, depending on their size, financial statuds and risk tolerance.
Kohler said he recently helpe d a client save a significant amount on their auto fleeg insurance by raising the which hadbeen $100. After learninfg the client wouldn’t file a claim unde $1,000, he encouraged the client to raise the deductible to that amounyt to save onpremium payments.
An increasing number of companies lowered their insurance coverage to minimal levels in the last year leaving them gambling withtheir “Companies are reducing the amount of insurance they said Loretta Worters, vice president of the in New York “Our concern is we don’t want businesses to reduce insurancd vital to keeping their businesa open.” Reducing coverage often meansw shedding layers of coverage, adjustingy premiums, lowering limits or shopping around for a less-expensivse policy.
“To some extent, insurancse has been commoditized and looked at as a product withoutr a lot of variance from one policgy tothe next,” said Howarcd Kohler, local business development manager at , a Kan.-based company that’s a subsidiary of insuranc giant “Therefore businesses look at it as, ‘let’ s get the cheapest There’s a nuance: What might be cheapest might not be Cutting back on insurance is risky on many For example, in a down economy, employerx can expect more employmenrt practice lawsuits. Employment practice is an area of law that encompassexs wrongful termination and sexualharassment claims.
Many companiesx don’t carry coverage protecting againstsuch “In this economy, people are searchingv for any reason in the world to get moneyh back,” said John Kezer, a shareholdere at Jones Keller and a former Colorado insuranc commissioner. “People come up with novel theories, especiallhy when things are They are going to find a wayto say, ‘kI want my job back or damages because I can’tt go get another Worters said layoffs often resulty in more lawsuits for wrongfupl termination and claims for compensation.
Employees also are more prone to file compensation claims if they think a layoffis “Bottom line: You want to have enough insurance to protec your assets,” Worters said. “We’rde a litigious society and ina recession, and people get Conversely, Ken Ross, CEO of , said compensation claims have dropped in Colorado. He believed the trend hasn’t hit the statd because it’s fared better than many othere states inthe recession. The law mandates that all employerzscarry workers’ compensation insurance. The amount is basef on a percentage ofcompany payroll.
As companiess go out of business or gothrough layoffs, fewet claims are filed, he said, and payroll declines with less he said. Businesses may inadvertentlh cut back in the wrong areazs or reduce insurance to the poinr of putting themselves at too high ofa “When you look at business and it’s a problem that is inevitablyh expensive,” Kezer said. “Its design is to provide security againstpossible losses. From a business-risk perspective, the reasobn to get insurance is to protect from things that devastatsa business.
” Reducing coverage could mean a high liabilit y for very little savings at a time when many companies can’ afford such a large risk, according to Chelleyt Schaper, senior vice president and client service executive for , in Schaper focuses on risk management for large clients. In the last Schaper has seen companies take larger or deductibles, or lowere their limits. “It’s something that we talk about with our clientsaevery day,” she said. “There’s an overall trend of expensse reduction amongall clients.” Schaper works with clienta to determine the company’s long-term goalsx and current financial state.
“If they want smootgh earnings, they buy a lower retention; it is more on a guaranteedd cost,” she said. “Clients who feel as thougnh they have a handle on claims and loss prevention wouldr use a large deductible that will alloww formore cash-flow opportunities.” Kohler, who worka mostly with small-to-midsized companies, said clients are askintg if parts of their insurancew are really necessary and how to reduces coverage. Kohler said he works closely with clients to determinwappropriate coverage, depending on their size, financial statuds and risk tolerance.
Kohler said he recently helpe d a client save a significant amount on their auto fleeg insurance by raising the which hadbeen $100. After learninfg the client wouldn’t file a claim unde $1,000, he encouraged the client to raise the deductible to that amounyt to save onpremium payments.
terça-feira, 10 de janeiro de 2012
Port City Java picks new CEO - Triangle Business Journal:
fugycyquwod.blogspot.com
Schnitzler was previously director of operations forPort City, which has around 40 locations including five in the Triangle. “I am proud to be a part of an organizatiojn backed by a strongbrandc name, broad distribution channels and a stronhg commitment to the communities in which we operate,” Schnitzler said in a writte n statement. “Port City Java is a phenomenalk company thatis well-positionesd to grow throughout the Southeast. And as we my job as CEO is to consistently fulfill our which is to exceed the expectationss of every guest onevery visit. I am honoredx to be a member ofthe team.
” A graduate of the , Schnitzlee came to Wilmington in 1994 and starte d at Port City Java in 1998. In his time at Port Schnitzler helped developthe company’s franchise model; Port City now has aroundd two dozen franchised locations and a U.S. footprintg that reaches from New Jersehto Florida. The company also has locations inSan Jose, Costa Rica, and Amman, Jordan.
Schnitzler was previously director of operations forPort City, which has around 40 locations including five in the Triangle. “I am proud to be a part of an organizatiojn backed by a strongbrandc name, broad distribution channels and a stronhg commitment to the communities in which we operate,” Schnitzler said in a writte n statement. “Port City Java is a phenomenalk company thatis well-positionesd to grow throughout the Southeast. And as we my job as CEO is to consistently fulfill our which is to exceed the expectationss of every guest onevery visit. I am honoredx to be a member ofthe team.
” A graduate of the , Schnitzlee came to Wilmington in 1994 and starte d at Port City Java in 1998. In his time at Port Schnitzler helped developthe company’s franchise model; Port City now has aroundd two dozen franchised locations and a U.S. footprintg that reaches from New Jersehto Florida. The company also has locations inSan Jose, Costa Rica, and Amman, Jordan.
domingo, 8 de janeiro de 2012
Opus West says it owes $1.46 billion - Boston Business Journal:
nadezhdaqedyxos.blogspot.com
and some of its subsidiaries file d voluntary petitions late Monday for reorganization underChapterd 11. Chapter 11 generally removes the threat of lawsuits from creditors whilr a business seeks to rehabilitate itselrf andcontinue operations. Opus West and its affiliatews reportedabout $1.28 billion in tota assets and $1.46 billion in totak liabilities, according to bankruptcy court filings. The corporation and its affiliate had combined revenue ofabout $405 milliobn in 2008. The parent company lists 200 to999 creditors, accordinb to bankruptcy filings.
Opus West owns about 20 real estate development properties eitherf directly or through entitiess set up to holdthe properties, the court filingds say. The total debt on thoses properties isabout $414 million and the value of the propertiesz is about $403 million. In addition to Opus West the subsidiaries that have filed Chapter 11 petitions are Opus WestConstruction Corp., Opus West LP, Opus West Partnersw Inc. and O.W. Commercial Inc. Opus West Corp. has guaranteedr about $1.15 billion in loans for its subsidiarieas andjoint ventures, and most of thos loans are in default, the couryt filings say.
Steep declines in commercial real estate values and difficult credit market conditions necessitatedthe filing, said John Greer, chief restructuring officer of Opus West. Greer said Opus West will keepa "modesy presence" in Phoenix, Texas and California to work on asseyt dispositions and transitions. "While we begamn slowing the pace of new development nearly two years ago in anticipation of difficult market we must now take additional measures to enablre anorderly wind-down of our protect asset values and maximize return on investment," Greer said in a prepared Opus West and its subsidiaries have suffere declining financial performance since 2008, resulting in defaultx on certain credit lines and constrained liquidity, accordingg to an affidavit filed by managing member of New York-based Phoenix Capital which is the chief restructurinvg officer of Opus West Corp.
Greer is also president of the Opus West Opus West Partnersand O.W. Commercial Opus has focused on recapitalizing throughj project salesand refinancing, but has been unable to do so becausde of poor market conditions, Greer'x affidavit says. Since 1979, Opus West and its affiliate have developed more than 52 million square feetof office, retail, multifamily, government and institutional projects, the affidavit says.
The company's assets include interests in commercial and residential real estate projecteacross California, Arizona and Texas, includint condominium, office, industrial, apartment and retaik projects in various stage s of development, the affidavit Addison-based Opus West LP, formed to develoo real estate properties in Texas, owns seven propertiee that consist of either vacant land, or a projecft under construction or completed projects. The totak debt on those properties isabouft $105 million and their value is about $134 Greer's filing states.
Opus has been dramatically scalinyg back its North Texas operations for more than a Opus spokeswoman Winston Hewett told the that the Addisonm office has not started a new developmenr in more than a year and has cut its staft in Dallas to 12 employees from abou 40 ayear ago. Opus West'sx overall headcount had dropped to 40 as ofJuly 1, compare d to 291 two years ago, Hewettg said. Since April, dozens of subcontractore have filed liens totaling morethan $4 million against Opus West Corp.
and Opus West Constructiohn tied to TwoAddison Circle, a $23 198,000-square-foot speculative office building in The building was developed and is owned by Opus West The liens claim Opus owes the subcontractors for labot or materials provided in the course of The six-story Two Addison building on the west side of the Dallasw North Tollway just north of Arapaho Road was recently completed, but has no The credit crunch and slowing demand for offices space left Opus unablre to get permanent financing to replace the short-ter m construction loan on the Addisobn project, Hewett said. Other Opus West Corp.
project s in North Texas include 121 Lakepointe an office and industrial developmentin Lewisville; and Broadstone a 5.8-acre mixed-use project at 5005 Galleriqa Drive in North Dallas. Dallasz area creditors include RL Murphey CommerciakRoof Systems, owed $1.24 Green Fire Systems of Texas, owed $856,660; and Ennis Steel Industriews Inc., owed $519,402; and Tas Commercial Concrete owed $500,704, according to court records.
Opus' troubless stem from the globaoleconomic downturn, deterioration of the real estatde market and the credit crunch, whichh has made it difficult for borrowers to get financingt to fund real estate projects or refinance existing projects, Greer's affidavit states. The turmoi l has scared buyers, leading to excess supply and lowerr prices. The dramatic downturn has caused Opus to be out of complianc with terms of various loanse and unable to restructure and attempts to raise capitaol and sell assets have proven bringing about the Chapterf11 filing, Greer's affidavit says. Opus' challengex vary considerably by region, said Mark Rauenhorst, chairmann and CEO of Opus Corp.
"Opus West faced particularl y dramatic drops in real estated values in markets such as California and and has been particularly challengefd by the sharp downturn in the capitakl markets and availabilityof refinancing," he Rauenhorst said that two othe independent operating companies of Opus Group -- and Opus Northwest LLC -- have been less affecteed by the economic and capitapl market conditions because of their mix of projecr types and their location in stronger markets. , which is basec in Minnetonka, Minn., is a design-buildc development firm that specializesin office, industrial, retail, multifamily, government and institutiona projects.
It also controls Washington-based LLC, whicnh filed for Chapter 7 liquidatiojn inlate June. Opus Group said its which is basedin Atlanta, filed for reorganizationh in bankruptcy court on April 22.
and some of its subsidiaries file d voluntary petitions late Monday for reorganization underChapterd 11. Chapter 11 generally removes the threat of lawsuits from creditors whilr a business seeks to rehabilitate itselrf andcontinue operations. Opus West and its affiliatews reportedabout $1.28 billion in tota assets and $1.46 billion in totak liabilities, according to bankruptcy court filings. The corporation and its affiliate had combined revenue ofabout $405 milliobn in 2008. The parent company lists 200 to999 creditors, accordinb to bankruptcy filings.
Opus West owns about 20 real estate development properties eitherf directly or through entitiess set up to holdthe properties, the court filingds say. The total debt on thoses properties isabout $414 million and the value of the propertiesz is about $403 million. In addition to Opus West the subsidiaries that have filed Chapter 11 petitions are Opus WestConstruction Corp., Opus West LP, Opus West Partnersw Inc. and O.W. Commercial Inc. Opus West Corp. has guaranteedr about $1.15 billion in loans for its subsidiarieas andjoint ventures, and most of thos loans are in default, the couryt filings say.
Steep declines in commercial real estate values and difficult credit market conditions necessitatedthe filing, said John Greer, chief restructuring officer of Opus West. Greer said Opus West will keepa "modesy presence" in Phoenix, Texas and California to work on asseyt dispositions and transitions. "While we begamn slowing the pace of new development nearly two years ago in anticipation of difficult market we must now take additional measures to enablre anorderly wind-down of our protect asset values and maximize return on investment," Greer said in a prepared Opus West and its subsidiaries have suffere declining financial performance since 2008, resulting in defaultx on certain credit lines and constrained liquidity, accordingg to an affidavit filed by managing member of New York-based Phoenix Capital which is the chief restructurinvg officer of Opus West Corp.
Greer is also president of the Opus West Opus West Partnersand O.W. Commercial Opus has focused on recapitalizing throughj project salesand refinancing, but has been unable to do so becausde of poor market conditions, Greer'x affidavit says. Since 1979, Opus West and its affiliate have developed more than 52 million square feetof office, retail, multifamily, government and institutional projects, the affidavit says.
The company's assets include interests in commercial and residential real estate projecteacross California, Arizona and Texas, includint condominium, office, industrial, apartment and retaik projects in various stage s of development, the affidavit Addison-based Opus West LP, formed to develoo real estate properties in Texas, owns seven propertiee that consist of either vacant land, or a projecft under construction or completed projects. The totak debt on those properties isabouft $105 million and their value is about $134 Greer's filing states.
Opus has been dramatically scalinyg back its North Texas operations for more than a Opus spokeswoman Winston Hewett told the that the Addisonm office has not started a new developmenr in more than a year and has cut its staft in Dallas to 12 employees from abou 40 ayear ago. Opus West'sx overall headcount had dropped to 40 as ofJuly 1, compare d to 291 two years ago, Hewettg said. Since April, dozens of subcontractore have filed liens totaling morethan $4 million against Opus West Corp.
and Opus West Constructiohn tied to TwoAddison Circle, a $23 198,000-square-foot speculative office building in The building was developed and is owned by Opus West The liens claim Opus owes the subcontractors for labot or materials provided in the course of The six-story Two Addison building on the west side of the Dallasw North Tollway just north of Arapaho Road was recently completed, but has no The credit crunch and slowing demand for offices space left Opus unablre to get permanent financing to replace the short-ter m construction loan on the Addisobn project, Hewett said. Other Opus West Corp.
project s in North Texas include 121 Lakepointe an office and industrial developmentin Lewisville; and Broadstone a 5.8-acre mixed-use project at 5005 Galleriqa Drive in North Dallas. Dallasz area creditors include RL Murphey CommerciakRoof Systems, owed $1.24 Green Fire Systems of Texas, owed $856,660; and Ennis Steel Industriews Inc., owed $519,402; and Tas Commercial Concrete owed $500,704, according to court records.
Opus' troubless stem from the globaoleconomic downturn, deterioration of the real estatde market and the credit crunch, whichh has made it difficult for borrowers to get financingt to fund real estate projects or refinance existing projects, Greer's affidavit states. The turmoi l has scared buyers, leading to excess supply and lowerr prices. The dramatic downturn has caused Opus to be out of complianc with terms of various loanse and unable to restructure and attempts to raise capitaol and sell assets have proven bringing about the Chapterf11 filing, Greer's affidavit says. Opus' challengex vary considerably by region, said Mark Rauenhorst, chairmann and CEO of Opus Corp.
"Opus West faced particularl y dramatic drops in real estated values in markets such as California and and has been particularly challengefd by the sharp downturn in the capitakl markets and availabilityof refinancing," he Rauenhorst said that two othe independent operating companies of Opus Group -- and Opus Northwest LLC -- have been less affecteed by the economic and capitapl market conditions because of their mix of projecr types and their location in stronger markets. , which is basec in Minnetonka, Minn., is a design-buildc development firm that specializesin office, industrial, retail, multifamily, government and institutiona projects.
It also controls Washington-based LLC, whicnh filed for Chapter 7 liquidatiojn inlate June. Opus Group said its which is basedin Atlanta, filed for reorganizationh in bankruptcy court on April 22.
sexta-feira, 6 de janeiro de 2012
NTS buys Plainview Apartments - Tampa Bay Business Journal:
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Financing for the which was made through anNTS , was provided by the , accordinv to a news release. The purchase price was not disclosed. The previoud owner was PlainviewApartments LP, a Denver-based investment according to online records from the Jefferson Countty Property Valuation Administrator and the Kentucky Secretaryu of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancy at the time of the purchase was about 94 percent, the release NTS plans to enhance and renovate the propertu but no details were disclosex in the release.
The apartment complex was developes as part of the Plainvieeplanned community, which includes 800 single-familyt homes, more than 1,000 500 town homes, multiple shopping centere and nearly 2 million square feet of officed space. NTS began constructionj and development of theplanned community, Louisville’sd first, in the early 1970s. With the acquisition, NTS Developmengt Co. and its affiliates now own four apartment communitiesin Louisville. Its othere holdings in the area are HurstbourneGrande Apartments, The Overlook at St. Thomas and The Willows of Plainview.
NTS also manages 14 othet apartment communities and 31 commercial properties with more than 5 million feet of retail and warehouse space inthe Southeast.
Financing for the which was made through anNTS , was provided by the , accordinv to a news release. The purchase price was not disclosed. The previoud owner was PlainviewApartments LP, a Denver-based investment according to online records from the Jefferson Countty Property Valuation Administrator and the Kentucky Secretaryu of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancy at the time of the purchase was about 94 percent, the release NTS plans to enhance and renovate the propertu but no details were disclosex in the release.
The apartment complex was developes as part of the Plainvieeplanned community, which includes 800 single-familyt homes, more than 1,000 500 town homes, multiple shopping centere and nearly 2 million square feet of officed space. NTS began constructionj and development of theplanned community, Louisville’sd first, in the early 1970s. With the acquisition, NTS Developmengt Co. and its affiliates now own four apartment communitiesin Louisville. Its othere holdings in the area are HurstbourneGrande Apartments, The Overlook at St. Thomas and The Willows of Plainview.
NTS also manages 14 othet apartment communities and 31 commercial properties with more than 5 million feet of retail and warehouse space inthe Southeast.
quarta-feira, 4 de janeiro de 2012
Lackland to gain 74,000 sf training complex - The Business Journal of the Greater Triad Area:
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million contract to build a new airfield maintenance technical training complex at Lackland AirForce Base. The complecx will support the Inter-American Air Forces Academy at Lackland. The governmenr will build a 74,000 square foot complex at Lackland that will house aircraft operations and hangar maintenance training areas as well as administrative space. The project is slated for completion in the fallof 2010. The Inter-Americabn Air Forces Academy currently offers this training at PortSan Antonio, the formedr Kelly Air Force Base.
By relocating technicall training from Port San Antonio to Port San Antonio officials hope to reuse that spaces for additional commercialdevelopment opportunities. The militaryy is developing this complex as part of the 2005 San Antonilo Base Realignment andClosure (BRAC) construction In all, the government expectse to spend more than $2 billion on BRAC-relatex construction. The Air Force Centerf for Engineering and the Environment selectedPlymouth Pa.-based AMEC Earth & Environmenta Inc. as the contractor. Construction will be coordinated out ofthe company’ss San Antonio office. The Fort Worthj District office ofthe U.S.
Army Corpsz of Engineers will provideconstruction management.
million contract to build a new airfield maintenance technical training complex at Lackland AirForce Base. The complecx will support the Inter-American Air Forces Academy at Lackland. The governmenr will build a 74,000 square foot complex at Lackland that will house aircraft operations and hangar maintenance training areas as well as administrative space. The project is slated for completion in the fallof 2010. The Inter-Americabn Air Forces Academy currently offers this training at PortSan Antonio, the formedr Kelly Air Force Base.
By relocating technicall training from Port San Antonio to Port San Antonio officials hope to reuse that spaces for additional commercialdevelopment opportunities. The militaryy is developing this complex as part of the 2005 San Antonilo Base Realignment andClosure (BRAC) construction In all, the government expectse to spend more than $2 billion on BRAC-relatex construction. The Air Force Centerf for Engineering and the Environment selectedPlymouth Pa.-based AMEC Earth & Environmenta Inc. as the contractor. Construction will be coordinated out ofthe company’ss San Antonio office. The Fort Worthj District office ofthe U.S.
Army Corpsz of Engineers will provideconstruction management.
domingo, 1 de janeiro de 2012
A year of extremes: severe 2011 weather covers gamut in year of feast or famine - Lincoln County Journal
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A year of extremes: severe 2011 weather covers gamut in year of feast or famine Lincoln County Journal By Bob Simmons | Posted on Friday, December 30, 2011 at 11:32 am From floods and drought to tornados and blizzards, the state saw more than a healthy dose of extreme weather events of every variety. “Missouri saw many extreme weather events from its ... |