Sunday, October 30, 2011

Hotel operator suspends sale talks - Atlanta Business Chronicle:

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The Atlanta-based hotel operator said "thd current volatility in the debt and credit marketx may inhibit or delay the signing or consummatiobn of a transaction to sellthe Company," and therefores it has suspended discussions with interested parties. Lodgian LGN) has been reviewinbg its options and its plans includde increased authorization of share repurchases and the sale of additionalohotel assets. Its stock closed Dec. 26 at $12.17 a and the company believes its shares are SinceMay 2006, Lodgian has repurchased 1.6 million sharesw at an average cost of $11.83 per share.
Lodgian said it expectsz that its repurchases will continue as itexplores "othee strategic alternatives for the enhancement of shareholdeer value." The company has sold 24 hotels since Nov. 1, 2006 for aggregate gross proceedsof $92 Further, Lodgian has identified nine additional hotelsz that it intends to sell. "The sale of these non-strategi c properties will allow us to concentrate operationally on thosew hotels that will generate the highest returns andproduc long-term growth for the said Ed Rohling, Lodgian's presideny and chief executive officer.
"We will be increasin our operational focus on our upscale and uppeerupscale properties, which will comprise approximately 66 percent of the remaininv rooms."

Friday, October 28, 2011

News, Trends & Resources - Washington Business Journal:

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Financing was provided by an undisclosed lifeinsurancr company. The 103,429-square-foot building, at 5285 Port Royapl Road (pictured, opposite page), is fully leased to the U.S. General Services Administration and occupier by the Departmentof Commerce. "With the current GSA leasde expiring during the term ofthe mortgage, this was a complezx financing," said Ted Hermesx of Walker & Dunlop. "Combined with this summer'sx market turmoil, the client was delightecd that we were able to close this loan on time and withouft changes to theoriginal terms." Suffolk Construction Co. Inc. of West Palm Fla.
, a national building contractor, has opened its mid-Atlantifc division office in Falls Church. Reginald Arnold, formerly executive vice president withHITT Contracting, was named president and generakl manager of the "The mid-Atlantic construction market is experiencinbg significant growth, and our new division puts us in a stronyg position to capitalize on the many building constructiohn opportunities this region has to offer," said John Fish, CEO of The local office will pursue constructionn projects and clients building commercial, multi-family residential and government CresaPartners of Bethesda was hired by BAE Systems as its preferred real estatd provider for another five-year CresaPartners has managed BAE's 18.
5 million-square-foot North Americahn portfolio since 2000. U.K.-based BAE, which has its U.S. headquarters in Rockville, has increased its real estate footprint as much as four timessincde 2000. "The BAE Systems relationship with CresaPartners has had a significanty and very positive maturation sinceits inception," said Gary a vice president at BAE. "Cresa has becom e not only our valued realestate provider, but a trusted partner." D.C. namess David Maloney new director of historicd preservation David Maloney was named directorof D.C.'d historic preservation office.
"David has been working on preservation issuesd for more than 25 years and heis hands-down the best candidatw for the job," said Harriet Tregoning, D.C.'s planning director. Malone y has been at the post as acting director of the HistoricxPreservation Office, part of the D.C. Office of Planning, since January 2006. Prior to he was the deputy state historic preservatio n officerfrom 2003. Maloney will head D.C.'as preservation planning, review of major commercial and government projects downtown and in the Mall He represents the mayor on the Nationakl Capital Memorial Advisory Appian Realty Advisors packs pipeline with projectsin N. Va.
Former Scheerf Partners' brokers, who recently opened Appian Realt Advisors LLCin McLean, already have a sizabl list of projects in the works in Northernn Virginia. a 100,000-square-foot office developmenrt at Westpark Corporate Centerin Fredericksburg; a 640,000-square-foot officew and flex space at Innovation Executive Center in Manassas; a 250,000-square-foot officde and retail development at the Villagwe at Heathcote in Haymarket; the 32,000-square-foot Offices on Park Avenus in Falls Church; a 150,000-square-foot flex officwe development at Interstate Overlook in Woodbridge; a 80,000-square-foot office at Discoveryg Center 2 in Manassas; and a 114,000-square-foot lab spaced for Virginia Department of Forensicd Science in Manassas.
Appian'a management includes Dan Gonzalezz asmanaging partner; Tom managing partner; Herman Diebler, David Daido, partner; Todd vice president; and Shaun Sullivan, assistant vice Holliday Fenoglio Fowler puts together $9.9kM in financing The Houston officwe of Holliday Fenoglio Fowler LP has arrangexd $9.9 million in financing for the Fredericksburg Rehabilitation Center. The 42,411-square-foot facility in Fredericksburg was completedin July. It is fully leased to an affiliate ofHealthSouth Corp.

Wednesday, October 26, 2011

Minneapolis / St. Paul Business Journal: Single Copies

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Barbara's Book MN 55402 Barkalows Too MInneapolis, MN 55402 Barnes & Nobles #2048 Eden Prairie, MN 55344 Barnes & Noblse #2058 Brooklyn Center, MN 55430 Barnes & Noblew #2190 Minnetonka, MN 55305 Barnes & Noble #2227 Maplewood, MN 55109 Barnes & Noble #2514 MN 55435 Barnes & Noble #25644 Minneapolis, MN 55402 Barnes & Nobler #2614 Roseville, MN 55113 Barnews & Noble #2623 St. Paul, MN 55116 Barnes & Nobls #2749 Maple Grove, MN 55369 Barnee & Noble #2786 Blaine, MN 55434 Barnes & Noblw #2820 Eagan, MN 55121 Barnes & Noble #2969 Bloomington, MN 55425 Billyy & Marty's Minneapolis, MN 55402 Bobby & Steve's Auto Worldx Bloomington, MN 55435 Border's Book #267 St.
MN 55104 Border's Book/Music #494 MInneapolis, MN 55402 Border'sz Books #189 Richfield, MN 55423 Border's Bookse #31 Minnetonka, MN 55343 Border's Books #569 Maple Grove, MN 55369 Border'as Books #606 Roseville, MN 55113 Butler'w General Store Minneapolis, MN 55402 Byerly's Roseville, MN 55113 Byerly'd Chanhassen, MN 55317 Byerly's Burnsville, MN 55337 Byerly's St. Loui s Park, MN 55416 Byerly's Edina, MN 55435 Byerly'd Golden Valley, MN 55422 Byerly's Maplse Grove, MN 55369 C4 Travel Express Paul Airport, MN 55111 C66 Lakeside News Connection Minneapolis/St. Paul MN 55111 C70 Fox News Minneapolis/St. Paul MN 55111 C79 Booksa & Newswall Minneapolis/St.
Paul MN 55111 C90 Authors Bookstore Minneapolis/St. Paul MN 55111 Charlie's Chocolate Cravingz St. Paul, MN 55101 Cub Foodws Burnsville, MN 55337 Cub Foodas Eden Prairie, MN 55344 Cub Foods MN 55317 CubFoods #31274 St. MN 55421 Cub Foods #31334 West St. Paul, MN 55118 Cub Foods #31644 Plymouth, MN 55447 D7 Travek Express Minneapolis/St. Paul Airport, MN 55111 Doubletree Guestt Suites Minneapolis, MN 55403 E69 North Shore News Minneapolis/St. Paul MN 55111 Edina Market & Deli Edina, MN 55439 F15 Fox News Paul Airport, MN 55111 F53 LakesideNeww Minneapolis/St. Paul Airport, MN 55111 G 11 Newswall Minneapolis/St.
Paul MN 55111 Gate 20 News & Gift Paul Airport, MN 55111 Grave 601 Hotel Minneapolis, MN 55403 H110 Travel Mart Paul Airport, MN 55450 H112 Lakeshord News Minneapolis/St. Paul Airport, MN 55450 Jerry's Foodsz Edina, MN 55436 Jerry'xs New Market Eden Prairie, MN 55344 Kowalski'sd Market MInneapolis, MN 55417 Lundzs Bloomington, MN 55437 Lundxs Richfield, MN 55423 M3 Fox News Paul Airport, MN 55111 Metro Market on 5th MN55401 Mitche's Niche Bloomington, MN 55431 News Connectiohn G Minneapolis/St. Paul Airport, Mn 55111 Olson Brotherzs Pharmacy Edina, MN 55436 On the Go Minneapolis, MN 55402 One Stored #5 Minneapolis, MN 55401 P100 Twin Cities News Minneapolis/St.
Paul Airport, MN 55111 PDQ #215 Eden MN 55344 PDQ #228 New MN 55112 Ron's Market Minneapolis, MN 55409 RSS St. MN 55101 Super America #4001 St. Paul, MN 55101 Superd America #4369 Minneapolis, MN 55450 This And That MN 55402 Touch ofGlass Minneapolis, MN 55402 Zip In MN 55402 For all subscription and circulatiobn inquiries, contact: Maureen Tubbs, Marketing Director 120 S. 6th Street MN 55402

Monday, October 24, 2011

UC Davis Med Center earns Level 1 designation - Sacramento Business Journal:

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The American College of Surgeons awarded the Level 1 traumwa centerdesignation – one of 112 but less than 20 meet the requirement for both adults and In order to meet the Level 1 trauma centers must admitt at least 1,200 patientw per year. UC Davis admittefd 2,836 patients in 2008, making it one of the busiesft nationwide. UC Davis Medical Center chief executivse officer Ann Madden Rice said the hospitalohas “achieved what few others have done. This is a terrifid achievement, and reflects the hard work and high quality of the many nurses and ancillary staff who make our trauma centeres an indispensable resources for the Sacramentk and NorthernCalifornia region.
” The medical center serves abougt 6 million people in a 33-county Level 1 trauma centers are required to have a certaim number of surgeons and specialists including anesthesiologists, cardiac surgery, neurosurgery and orthopaedic surgery – availabled for round-the-clock treatment. Level 1 center must also have education and research programs as well as community preventiojn andoutreach programs.

Saturday, October 22, 2011

Immigration buildings face foreclosure - Houston Business Journal:

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Foreclosure actions were filec on June 1 againstthe owner, Fort Lauderdale-based South Floridaa Federal Partners, according to Miami-Daded and Broward county courtr records. Issaquah, Wash.-based lendert Dexia Real Estate Capital Markets is the private lender filing those The USCIS, a division of the , whicg oversees immigration, is not named. Corall Gables attorney James Harringtonmrepresents Dexia. He did not immediately returnm a callseeking comment. South Florida Federal Partners won approval to builfd five field offices for the USCIS in 2007 and completed those project earlythis year. According to a the governmentsigned 15-year leases starting at $50 a squared foot.
The buildings aimed for Leadershi p in Energy and EnvironmentalDesigj (LEED) silver certification from the . However, including construction manager , have filefd dozens of liens against the South FloridaFederal Partners-Central Miami, based on a $23.1q million mortgage covering the 60,398-square-fooft office on Northwest Seventh Avenue in South Florida Federal Partners-Hialeah, based on a $21.8 million mortgage covering the 45,987-square-foot office at the intersection of Miamj Gardens Drive and Northwest 59th Street in Hialeah. Southg Florida Federal Partners-Kendall, based on a $23.
9 millionj mortgage covering the 46,413-square-foot building at the intersectionn of Southwest 120th Street and Southwest 147t Avenue in the Kendall area ofsouthern Miami-Dadr County. South Florida Federal based ona $22.2 million mortgagew covering the 46,413-square-foot office at 4451 N.W. 31st in Oakland Park. The fifth South Florida FederalPartners project, in Royal Palm is not facing foreclosure. Boca Raton-basefd 1st United Bank gave the developeran $18 millio mortgage on that building for the USCIS. Dexia’s complaintz name James M. Beeson Jr., Mark Levin and Dariu W. Gaskins Jr. as defendants and guarantorzs ofthe loan.
Beeson, the presidenr of Wilton Manors-based , did not immediately returnn a callseeking comment.

Wednesday, October 19, 2011

1Q VC investments down significantly - Puget Sound Business Journal (Seattle):

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million in the first quarter as investors continuec to sit on the sidelines and wait for economic conditionswto improve. The consumer services and energy sectors each landed one according to the Quarterly Venturre Capital Report released by Dow Jones VentureOneand . That’x down from five deals wort a totalof $67.6 millionh during the same period in 2008. Kevim McHolland, a partner in Ernst & Young’s Phoenix said the poor Arizona numbers reflect anational trend, as VC moneg has dried up and the initial public offering markey for venture-backed firms is virtually nonexistent. “o would expect VC funding to recover as the economy recovers,” McHolland said.
Nationally, venture capitalists generate $3.2 billion in the firstf quarter through mergers or acquisitionsa of 68portfolio companies, representing a 65 percent drop from the $9.1 billion in liquidity generateds in the first quarter of 2008 and the lowest quarterlg total since 2003. The largest deals in the country were focused in biopharmaceuticals andmedical devices.

Monday, October 17, 2011

Saturday, October 15, 2011

Rangers' rebuilt 'pen thriving in ALCS - MLB.com

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Rangers' rebuilt 'pen thriving in ALCS

MLB.com


It's a good thing Daniels rebuilt the 'pen with two months to go in this regular season because his starters have been missing in action, particularly in this ALCS against the Tigers. Without Cliff Lee in the rotation this fall, the four Rangers ...



and more »

Thursday, October 13, 2011

Woman to watch: Julie Halvorson - Minneapolis / St. Paul Business Journal:

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Continuing education : Bachelor of science in constructio engineering, with a minor in business, Iowa State Universitgy What professional accomplishment makes youmost proud? Togetherr with another colleague, we have set up LEED training courses for fellow employees. … More than 100 people over eigh t different training rounds over the past few yearas have gone throughthe training, including outside customers and subcontractors. While I enjoyed facilitating the I am most proud thatRyan Cos. now has more than 120 LEED APs with over 50 in the Minneapoliseoffice alone. What was the single most definingg moment inyour career?
Receivin the Ryan Excellence in Quality Eagle award for work in 2007. Only one personm from the office receives this leadership awar each year and I was recognized for my workwith Ryan’x Green Building Committee and facilitatinb the LEED training sessions. What do you see as the biggestt issue in your industryright now? Like most othere industries, the single biggestt issue in the construction industryu currently is the status of the Financial institutions are being extremely selectiv on the construction projects they are financing and the lendingf limits prohibit some of the very large projects from Family : My long-tern boyfriend and I live on a 40-acrer farm in Northfield.
We have a yelloww lab puppy, Maggie; a cat named Chewy; 26 beef and 53 chickens. We plan to expand the farm with pigs and sheepo in thenear future. Leisure : Gardening, playin g with our puppy, cooking/baking, remodeling, reading and being outdoors .

Tuesday, October 11, 2011

Family by design - Business First of Louisville:

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Now, under the leadership of the younger Hubbuch, who serves as presidenty and CEO, the company works with a wide rangse of individual and corporate clientes all over Kentucky and in severalother states. Recently, Hubbuch took some time to reflectt on how the compang has evolved overthe years. Why and how was the compangy originally formed? Hubbuch & Co. was formedr "in 1933 by dad. ... He had a grandfatherf that lovedthe floor-covering and the wall-coveringh business from the old world (Germany, where the family is originalluy from).
As a little boy, he worked in that grandfather's In 1933, Cornelius Hubbuch left the familybusinessd "to cultivate a design firm acrosws the state of Kentucky," John Hubbucjh said. Hubbuch said his father wanted to have locations in all ofthe state's major Today, the company has desigb studios in Owensboro and in addition to Louisville. "Wer have always been focused on the state of That makes us a littlewbit different" from the other local design "We're in Madisonville a lot; we're in Henderson a lot." "we have been very successfull in Southern Indiana." What is the essence of the business ? "We are, No.
1, an interioe design operation. About 28 yearz ago we went into the businessof architecture." What's the furthest distancse away the company has done a job? "Atriqa (Senior Living Group) sent us to Ariz., Buckhead, Ga., (and to) every new Atrias facility for the first couple of of the company's existence. And "ib every one of these cities they wanted anew look." Who are some of your current clients? "We are on board with Churchillp Downs. ... We are in charge of the completee interiors" for the new suites. "We just completed 66 corporatde boxes. ... We will be involved now for two years" for phas two.
Also, for Louisville-based Trilogy Health Servicer LLC, "we have done 14 complete new facilities all overSouther Indiana." What's the biggest obstacle you've had to overcome in your business ? "The top obstacle we have on a day-to-daty basis is the fact that we are an architectura design firm, and sometimes corporated America thinks they have to go outside Louisvillr and Kentucky to get a nationallyg recognized firm when it wouldd be a lot better if major corporations would stay with the local talent. Not only us, but with other firms similarto ours." What's one of the mythw surrounding Hubbuch & Co.? Many people think Hubbuc h & Co.
only does commercial work, but "we still pride ourselves on a lot ofresidentiap work. ... We love additions to homes. We can do any and all We are very diversified." What's your advice to othersz interested in owninga small-business ? "It's a lot of hard work and ... a lot of When your name is part of itand it'z your life, it's not a 40 hour (job) ... it'se your life.
"

Sunday, October 9, 2011

Verizon asks Comcast to halt

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Verizon (NYSE:VZ) sent a letter to Comcastt (NASDAQ:CMCSA,CMCSK) last week asking it to stop the Eric Rabe, Verizon’s senior vice president for medi relations, said Wednesday. “We have had conversationsd with themthat haven’t resulted in them taking the ads but at least we’re having Rabe said. Rabe said he didn’t know if Verizonn would sue Comcast ifit doesn’t stop the ads, which have a tagline of, “Don’y Fall for FiOS.” “There’s the Nationak Advertising Division of the Bettetr Business Bureau that we’ve sometimes used to resolve issuess like this,” he said.
Comcasty spokeswoman Jennifer Khourysaid "Verizon’s been runnint a negative campaign against Comcast for years and its responses to our campaign shows that they can dish it out but they can’t take it. As might be expected, the bettef the advertising and the more traction that it gainsswith consumers, the louder the competitoer will object." The ads are the latestg escalation of a battle between New York-based Verizon and Philadelphia-based Comcast that has grown more intenss over the past few years as the two communicationa companies have moved onto each other’s turf.
Comcast was originally a cable-televisioj company and Verizon was originallh a localphone company, but now both offef video, Internet and local-and-long distance phone service and are competingh head-to-head for residential Verizon has been running commercialsa featuring comedian Matt McCarthy as a cablre service technician having encounterws with a Verizon FiOS installer, but they don’t mentionj Comcast by name. , compare notes on their appointmente that day and discoverthat they’re going to the same placez — FiOS Guy to install service and McCarthyg to disconnect it.
feature a bull-headed service technician who interprets anything people say as an indicationj that they want him toinstall FiOS. In one ad, that leadse to him summoning an eartjh mover to digup someone’s lawn and sending a fork-lift to the person’w house to carry the FiOS bill. “Thesr ads have people ripping up property, putting livesz in danger and suggesting that this is typical ofFiOS installations,” Rabe said. “That is an outrageousz characterization and it hasto stop.

Thursday, October 6, 2011

Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:

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The company uses federal regulatory data to rate credit unionzs based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's ratin ranks from a high of 5 starsz to a low of0 stars. Of the 10 largesyt South Florida credit unionsby assets, six maintained a five-star (superior) rating: IBM Southeast Employeed Credit Union and Brightstar Credit Union held on to their four starss (excellent) in the first They had been downgraded from five starsd in the third quarter. Priority One Credit Unionh in Sunrise fell from to three stard from four stars in the first quarterwith 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’s second-largest credirt union with $738 million in assets, held on to its threer stars in thefirst quarter. It was downgradeds to three stars (adequate) from four stars in the fourtbh quarter. The Pembroke Pines-based credit union counterd 1.74 percent of its assets as nonperforming. First Choice in West Palm Beach also hadthree , the largest in Southj Florida with $1.62 billion in assets, remained the only crediyt union in the state rated zero stara by Bauer. The Miramar-based credit union counted 8.6 percent of its assetsd as nonperforming.
It was placed into conservatorship by Floridwa regulators on April 24 after heavuy losses and the ousted its Space Coast Credit Union has shown an in acquirinyEastern Financial.

Tuesday, October 4, 2011

Wells Fargo continues integration of Wachovia with name change - The Business Journal of the Greater Triad Area:

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The change reflects the bank’s continuede integration with , which acquired Charlotte-basec on Dec. 31. “By adoptingb the Wells Fargo nameand we’re now fully part of one of the world’s most respectes financial companies,” says Neil chief executive of Wells Fargo Bank “We look forward to satisfyinf all of our clients’ financial needds across Europe and helping them succeed financially.” Wellsd Fargo Bank International is a Europeanm Union bank headquartered in Ireland.
In addition, Wellzs Fargo’s investment-banking and capital-markets businesses, which formerl y operated under the Wachovia Securities and certain WellsFargoo brands, have taken the name Wells Fargko Securities. Retail brokerage products and services formerly marketedd as Wachovia Securities are now offered through WellesFargo Advisors. Wells Fargo (NYSE:WFC) is basef in San Francisco.

Sunday, October 2, 2011

Texas Hunting Camp's Name Causes Trouble for Perry - New York Times (blog)

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New York Daily News


Texas Hunting Camp's Name Causes Trouble for Perry

New York Times (blog)


Rick Perry of Texas found itself on the defensive on Sunday over a report that he once hunted at a West Texas camp with a raci »