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“Creighton brings more than 12 years of experience in the commercial real estated industryto Colliers,” says Doug Brandon, managinyg principal for Colliers' Nashville office. “Wwe are thrilled to have him onour team.” Wright’ s responsibilities will include the management of large institutionally owned health and medical facilities, as well as the growt h of the business Until March of this Wright was vice president of mixed-use development for Southern Land Co., whers he was responsible for the development of select real estatw projects.
Southern Land underwent a shifft in executive team makeup earlier this The Franklin-based development company announced the appointmentsa of Brian Sewell as president and Chrisw Bove as CEO in early February. Southern Land is the developer of the Williamson County residentialprojects Westhaven, LaurelBrookre and McEwen. The companh also has projects inthe Dallas/Foryt Worth, Houston and Texas, markets.
Wednesday, February 15, 2012
Monday, February 13, 2012
Google gets EU approval to buy Motorola - CNET
wilhelminadora4287.blogspot.com
Financial Times | Google gets EU approval to buy Motorola CNET "We have approved the acquisition of Motorola Mobility by Google because, upon careful examination, this transaction does not itself raise competition issues," JoaquÃn Almunia, Commission vice president in charge of competition policy, ... Google wins EU okay for Mot orola buy EU approves Google's $12.5B Motorola Mobility acquisition Google wins Motorola Mobility deal approval |
Saturday, February 11, 2012
Lockheed-Starwood solar plant construction will create many jobs - Phoenix Business Journal:
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Last week’s announcement that and Global LLC were collaborating ona 290-megawattf facility about 75 miles west of Phoenix mean s Arizona contractors will get some of the work, said Chris Lockheed Martin’s vice president for energy The companies still are evaluating subcontractors for the proposerd $1.5 billion power plant, dubbed Starwood Solar I. Some such as creating the mirrored troughs that will focusthe sun’s energy, typically is done by specializex companies, Myers said, but there will be plenty more. “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increased Arizona focus onsolat construction. Starwood and Lockheed Martin estimate 1,000 jobs will be created as a resuly ofthe construction, and an additionall 6,000 could result from supplier relationships. The companiea plan to hold recruitmeng events this summer to inform localo companies aboutthe opportunities, Myers In the meantime, the company is usinbg a newly launched Web site, www.starwoodsolar.com, to distribut e information and tell businesses how they can get involvec with the project. The construction also will require infrastructurew upgrades at transmission facilities to tie inwith Starwood’as facility.
Included in those upgrades will be work at Arizonw PublicService Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchase powedr from the solar has funds earmarked in its 2012 budget for expandinhg the Delaney substation. “To bring in something that there are going to have tobe improvements,” said Stephen Starwood’s executive vice president and managing director. Starwoox operates about 40 other powefr plants and owns all or part of several transmissiobn routes throughfive states. It began its partnership with Lockheecd about 18 months ago as both lookec for a site fora utility-scald plant.
Starwood runs its solar operations via subsidiary NautilusSolar LLC, which has done severakl large commercial-scale projects, but nothing as big as what the two are attemptinf in the Harquahala Valley. The two companies believd their combined relationships with financial institutionxs will help them overcome the financing hurdlezs that have stalled severaol othersolar projects. Some major project announcements of the past few yearw have been delayed because companies that signeddealxs couldn’t take the next step toward developingv a commercial product, said Madison Grose, vice chairmaj and senior managing directore for Starwood.
“The folks who take it to commercialization have torealize there’s a different skilll set needed to take it to the next level,” he Another hurdle is getting financiap institutions and utilities comfortable enough with the solar concept that they view it the same way as traditional power plants, Grose said. The companies are planninf to spend the summer conducting publi meetings on the project with submissions to the ArizonaCorporatioj Commission, which must approve the power purchaswe deal by this said Brad Nordholm, CEO and managinfg director of Starwood.
The company hopes to get its building permitz and ACC approvals settledby mid-2010, get its financiny in place and move forwardf with construction by the latter half of that Nordholm said.
Last week’s announcement that and Global LLC were collaborating ona 290-megawattf facility about 75 miles west of Phoenix mean s Arizona contractors will get some of the work, said Chris Lockheed Martin’s vice president for energy The companies still are evaluating subcontractors for the proposerd $1.5 billion power plant, dubbed Starwood Solar I. Some such as creating the mirrored troughs that will focusthe sun’s energy, typically is done by specializex companies, Myers said, but there will be plenty more. “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increased Arizona focus onsolat construction. Starwood and Lockheed Martin estimate 1,000 jobs will be created as a resuly ofthe construction, and an additionall 6,000 could result from supplier relationships. The companiea plan to hold recruitmeng events this summer to inform localo companies aboutthe opportunities, Myers In the meantime, the company is usinbg a newly launched Web site, www.starwoodsolar.com, to distribut e information and tell businesses how they can get involvec with the project. The construction also will require infrastructurew upgrades at transmission facilities to tie inwith Starwood’as facility.
Included in those upgrades will be work at Arizonw PublicService Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchase powedr from the solar has funds earmarked in its 2012 budget for expandinhg the Delaney substation. “To bring in something that there are going to have tobe improvements,” said Stephen Starwood’s executive vice president and managing director. Starwoox operates about 40 other powefr plants and owns all or part of several transmissiobn routes throughfive states. It began its partnership with Lockheecd about 18 months ago as both lookec for a site fora utility-scald plant.
Starwood runs its solar operations via subsidiary NautilusSolar LLC, which has done severakl large commercial-scale projects, but nothing as big as what the two are attemptinf in the Harquahala Valley. The two companies believd their combined relationships with financial institutionxs will help them overcome the financing hurdlezs that have stalled severaol othersolar projects. Some major project announcements of the past few yearw have been delayed because companies that signeddealxs couldn’t take the next step toward developingv a commercial product, said Madison Grose, vice chairmaj and senior managing directore for Starwood.
“The folks who take it to commercialization have torealize there’s a different skilll set needed to take it to the next level,” he Another hurdle is getting financiap institutions and utilities comfortable enough with the solar concept that they view it the same way as traditional power plants, Grose said. The companies are planninf to spend the summer conducting publi meetings on the project with submissions to the ArizonaCorporatioj Commission, which must approve the power purchaswe deal by this said Brad Nordholm, CEO and managinfg director of Starwood.
The company hopes to get its building permitz and ACC approvals settledby mid-2010, get its financiny in place and move forwardf with construction by the latter half of that Nordholm said.
Thursday, February 9, 2012
Kosar files for bankruptcy protection - San Antonio Business Journal:
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Kosar, who lives in the Fort Lauderdalde suburbof Weston, listed assets of $1 millionn to $10 million and liabilities of $10 million to $50 million in the filing in His bankruptcy isn't a total The South Florida Busineses Journal reported Kosar has seen some of his real estates and restaurant investments flounder during the recession. had three of top five positionxs on a list of unsecured lenderzin Kosar's bankruptcy petition. Floridwa Bank's claims totaled $9.6 million. In May, Kosar and his Boardwalj LLC losta $2.9 milliojn foreclosure judgment on a 36-unit apartment building to Florida Bank in Pinellas County Circuit In April, Kosar and his Oakmont LLC lost a $3.
3 millioh foreclosure judgment to Florida Bank in Hillsborough County Circuirt County over a Tampa apartment building. The bank also had a foreclosuree lawsuit pending in Pinellasa County against Kosar and hisPCV LLC. A $3.1 millioh personal guaranty to $3.04 million to his ex-wifs Babette J. Kosar $725,00 0 in a disputed loan involvinbg attorney Jim Ferraro of CoralGables $1.4 million totao on three claims involving the Browns $231,09r4 to the Many South Florida and Cleveland sports fans remembetr Kosar for his stellar success on the He led UM to its firstt football national championship in 1984, then playe 12 seasons in the NFL, mostly with the Clevelancd Browns.
Kosar, now 45, played his final season with thein 1996. The UM truste is a minority owner of boththe NHL’s and the Clevelandd Gladiators, an Arena Football League team that sat out the past seaso n along with the rest of the The (Cleveland) Plain Dealer reportedr that the Gladiators lost $2 milliobn to $2.5 million in the inaugural 2008 during which Kosar was team president and guided the team to the Meanwhile, the Panthers have discussed mergin g the team with a New York company, Streey & Smith’s , a sister-publication, has reported. Bernid Kosar’s Steakhouse was evicted from its South Miamij spacein November.
Kosar also faces significanty tax problems, including $59,881 in unpaid propertyy taxes on his Weston home and acombined $93,648 in federal tax liens against him over his personal incomw taxes, including some years filed jointly with the Business Journal reported in May. Kosar did fully pay a separate $228,8056 federal tax lien placed on him inJuly 2008. When The Plain Dealer questioned Kosar about those previously unpaid taxes in Kosar said some bills were lost in the shuffl duringhis divorce.
“Divorce is difficult enougy asit is, especially for someone who wasn’yt really looking to do that,” he told the “So, who owes what and all of that become hard, but whatever I owe, obviously I wouldx pay.” Kosar’s home, at 2940 Paddock Road, is lister online at Realtor.com at $3.5 million. It was purchaseed for almost the same amountin 2006. The 9,901-square-foogt home, built in sits on 1.09 acres and has seven bedroomwand 7.5 baths. It's locater at the end of a cul-de-sav on the water in Weston's Windmal l Ranch Estate area, a golfing communit y that has also been home to former Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardensw is listed in the bankruptcy petitionas Kosar'se attorney.
Kosar, who lives in the Fort Lauderdalde suburbof Weston, listed assets of $1 millionn to $10 million and liabilities of $10 million to $50 million in the filing in His bankruptcy isn't a total The South Florida Busineses Journal reported Kosar has seen some of his real estates and restaurant investments flounder during the recession. had three of top five positionxs on a list of unsecured lenderzin Kosar's bankruptcy petition. Floridwa Bank's claims totaled $9.6 million. In May, Kosar and his Boardwalj LLC losta $2.9 milliojn foreclosure judgment on a 36-unit apartment building to Florida Bank in Pinellas County Circuit In April, Kosar and his Oakmont LLC lost a $3.
3 millioh foreclosure judgment to Florida Bank in Hillsborough County Circuirt County over a Tampa apartment building. The bank also had a foreclosuree lawsuit pending in Pinellasa County against Kosar and hisPCV LLC. A $3.1 millioh personal guaranty to $3.04 million to his ex-wifs Babette J. Kosar $725,00 0 in a disputed loan involvinbg attorney Jim Ferraro of CoralGables $1.4 million totao on three claims involving the Browns $231,09r4 to the Many South Florida and Cleveland sports fans remembetr Kosar for his stellar success on the He led UM to its firstt football national championship in 1984, then playe 12 seasons in the NFL, mostly with the Clevelancd Browns.
Kosar, now 45, played his final season with thein 1996. The UM truste is a minority owner of boththe NHL’s and the Clevelandd Gladiators, an Arena Football League team that sat out the past seaso n along with the rest of the The (Cleveland) Plain Dealer reportedr that the Gladiators lost $2 milliobn to $2.5 million in the inaugural 2008 during which Kosar was team president and guided the team to the Meanwhile, the Panthers have discussed mergin g the team with a New York company, Streey & Smith’s , a sister-publication, has reported. Bernid Kosar’s Steakhouse was evicted from its South Miamij spacein November.
Kosar also faces significanty tax problems, including $59,881 in unpaid propertyy taxes on his Weston home and acombined $93,648 in federal tax liens against him over his personal incomw taxes, including some years filed jointly with the Business Journal reported in May. Kosar did fully pay a separate $228,8056 federal tax lien placed on him inJuly 2008. When The Plain Dealer questioned Kosar about those previously unpaid taxes in Kosar said some bills were lost in the shuffl duringhis divorce.
“Divorce is difficult enougy asit is, especially for someone who wasn’yt really looking to do that,” he told the “So, who owes what and all of that become hard, but whatever I owe, obviously I wouldx pay.” Kosar’s home, at 2940 Paddock Road, is lister online at Realtor.com at $3.5 million. It was purchaseed for almost the same amountin 2006. The 9,901-square-foogt home, built in sits on 1.09 acres and has seven bedroomwand 7.5 baths. It's locater at the end of a cul-de-sav on the water in Weston's Windmal l Ranch Estate area, a golfing communit y that has also been home to former Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardensw is listed in the bankruptcy petitionas Kosar'se attorney.
Tuesday, February 7, 2012
Palm Harbor posts fiscal Q4 loss - Dallas Business Journal:
zvonkovaleoqim.blogspot.com
million restructuring charge tied to the closingf of three factories and 18retail centers. Addison-based Palm Harbor Homes (NASDAQ: PHHM) posted a net loss of $8.6 or 37 cents per share, durinf the quarter. That is an improvement from the lossof $12.7 million, or 55 cente per share, a year ago. The company’e fourth-quarter sales totaled $78.8 million, down from $126.65 million a year ago. Sales for all of fiscao 2009 hit $409.3 million, down from $555.1 million a year Meanwhile, the company recordef a net loss for the fiscaol yearof $26.3 million, or $1.15 per share. That compares to a net loss of $124.e million, or $5.44 per in fiscal 2008.
"While Palm Harbodr began fiscal 2009 on apositive note, the overall economicx concerns, credit crisis and escalating unemployment have taken their toll on everyoner associated with the housing industry,” said Larry chairman and CEO of Palm Harbord Homes. The company’s largest revenue drop occurredrin Florida, Arizona and
million restructuring charge tied to the closingf of three factories and 18retail centers. Addison-based Palm Harbor Homes (NASDAQ: PHHM) posted a net loss of $8.6 or 37 cents per share, durinf the quarter. That is an improvement from the lossof $12.7 million, or 55 cente per share, a year ago. The company’e fourth-quarter sales totaled $78.8 million, down from $126.65 million a year ago. Sales for all of fiscao 2009 hit $409.3 million, down from $555.1 million a year Meanwhile, the company recordef a net loss for the fiscaol yearof $26.3 million, or $1.15 per share. That compares to a net loss of $124.e million, or $5.44 per in fiscal 2008.
"While Palm Harbodr began fiscal 2009 on apositive note, the overall economicx concerns, credit crisis and escalating unemployment have taken their toll on everyoner associated with the housing industry,” said Larry chairman and CEO of Palm Harbord Homes. The company’s largest revenue drop occurredrin Florida, Arizona and
Saturday, February 4, 2012
Investors plan to reopen Five Points Music Hall - Birmingham Business Journal:
evlampiyacyxybyw.blogspot.com
Jeff Manns, member of the Birmingham-basefd band U.S. and operator of several musif clubsin Jackson, Miss., said he and a group of othersz will reopen the club in about a montb to its former glory. The site in Five Pointes South was home to a formefr music club with the same name that featurefd local and national acts and later home to Banana which closed last year after public outcry overa late-nighf shooting in the parking lot.
Mann s said security concerns will be addressed with additional securityg staff andthe club’e only entrance will be through the fronf on 20th Street South, not in the After minor renovations, he said, Five Points South’se newest addition will feature a live musixc venue for a variety of including country, rock and jazz and an oyster pub. Manns said plands call for the pub to front 20th Street and be open sevenn daysa week, while the live music venued will be open only when acts are Last week, the Birminghamj City Council approved the club’s liquor And as the grand opening act for the Five Pointes Music Hall, Manns said he’s currently workinbg on nabbing saxophonist Davir Sanborn.
Jeff Manns, member of the Birmingham-basefd band U.S. and operator of several musif clubsin Jackson, Miss., said he and a group of othersz will reopen the club in about a montb to its former glory. The site in Five Pointes South was home to a formefr music club with the same name that featurefd local and national acts and later home to Banana which closed last year after public outcry overa late-nighf shooting in the parking lot.
Mann s said security concerns will be addressed with additional securityg staff andthe club’e only entrance will be through the fronf on 20th Street South, not in the After minor renovations, he said, Five Points South’se newest addition will feature a live musixc venue for a variety of including country, rock and jazz and an oyster pub. Manns said plands call for the pub to front 20th Street and be open sevenn daysa week, while the live music venued will be open only when acts are Last week, the Birminghamj City Council approved the club’s liquor And as the grand opening act for the Five Pointes Music Hall, Manns said he’s currently workinbg on nabbing saxophonist Davir Sanborn.
Thursday, February 2, 2012
University of Tennessee Health Science Center plans to build $50 million research center - Baltimore Business Journal:
qozadaunu.blogspot.com
The building will be a mirror image ofthe 100,000-square-foot Cancer Research Building, which opened on Manassas in Septembet 2007. That facility has 32 research 33 offices anda 60-seat The new building, tentatively called the Translationaol Science Research Building, will not include an auditoriukm and therefore will have more room for labs and The TSRB will be joined with the Cancer Research Buildinyg by an elevated The new structure will be built just south of the existing building towarx Union. Earlier this year, the statr government gave UTHSC officials permission to seeka $49 milliohn bond from the Tennessee Statwe School Bond Authority.
That bond has not yet been approved, but UTHSCf chancellor Hershel ‘Pat’ Wall says the project will get off theground “as soon as we get the “This will be a critical building for Wall says. “It is the beginningt of our new facilityconstruction plan.” The UT system is in the midsrt of a $1 billion capital campaign for infrastructurwe improvements across all of its campuses. portion of that is $180 which will fund acquisitions, demolition, construction and renovation projects. UTHSC will pay more than $4 milliobn annually to service the bond debt forthe TSRB.
That debt will be Wall says, by moving heavilyg funded scientists into the new A portion of the fundsresearcherz get, mainly from the Nationap Institutes of Health, will go to the university for lab spaces and equipment. While Wall says it is not yet knownj what departments or researchers woulfd populate thenew building, he hopes to move many from aging spacesw on campus, like the 80-year-old Crowe Researcg Building. Wall predicts construction to beginj on the project early next year and foreseewsa 2-2.5-year construction process.
presidenf Steve Bares says the city’s research efforts have been growing slower than predicte d in the past fewyeard because, he says, UTHSC just has not had enoug h space. “Anything we can do to add space will be a kick start to the biomedicalefforg here,” Bares says. “z strong UT is so importany tothe well-being of those effort s and so good research space makes all the difference in the When complete, the entire conjoined compled on Manassas will likely be called the Translational Sciencr Research Complex.
Building I will continue to focu on cancer research from the collegesof medicine, pharmacy and UTHSC officials are now applying for $10 million-$15 million in funds from the American Recovery and Reinvestment Act to completr the CRB’s fourth The space would be converted from shell space to laboratories that Rusty UTHSC’s vice chancellor for research, says could creats 30 new jobs and retain 25 The yet-built Building II will focus on researcb relating to cardiovascular diabetes and cancer. When the CRB opened in it was the first new building to be built on the UTHSC campus in17 years. The new Collegde of Pharmacy building is now under construction at theBioworkes campus.
It is the first mostly state-funded projecty to be built for UTHSC in20
The building will be a mirror image ofthe 100,000-square-foot Cancer Research Building, which opened on Manassas in Septembet 2007. That facility has 32 research 33 offices anda 60-seat The new building, tentatively called the Translationaol Science Research Building, will not include an auditoriukm and therefore will have more room for labs and The TSRB will be joined with the Cancer Research Buildinyg by an elevated The new structure will be built just south of the existing building towarx Union. Earlier this year, the statr government gave UTHSC officials permission to seeka $49 milliohn bond from the Tennessee Statwe School Bond Authority.
That bond has not yet been approved, but UTHSCf chancellor Hershel ‘Pat’ Wall says the project will get off theground “as soon as we get the “This will be a critical building for Wall says. “It is the beginningt of our new facilityconstruction plan.” The UT system is in the midsrt of a $1 billion capital campaign for infrastructurwe improvements across all of its campuses. portion of that is $180 which will fund acquisitions, demolition, construction and renovation projects. UTHSC will pay more than $4 milliobn annually to service the bond debt forthe TSRB.
That debt will be Wall says, by moving heavilyg funded scientists into the new A portion of the fundsresearcherz get, mainly from the Nationap Institutes of Health, will go to the university for lab spaces and equipment. While Wall says it is not yet knownj what departments or researchers woulfd populate thenew building, he hopes to move many from aging spacesw on campus, like the 80-year-old Crowe Researcg Building. Wall predicts construction to beginj on the project early next year and foreseewsa 2-2.5-year construction process.
presidenf Steve Bares says the city’s research efforts have been growing slower than predicte d in the past fewyeard because, he says, UTHSC just has not had enoug h space. “Anything we can do to add space will be a kick start to the biomedicalefforg here,” Bares says. “z strong UT is so importany tothe well-being of those effort s and so good research space makes all the difference in the When complete, the entire conjoined compled on Manassas will likely be called the Translational Sciencr Research Complex.
Building I will continue to focu on cancer research from the collegesof medicine, pharmacy and UTHSC officials are now applying for $10 million-$15 million in funds from the American Recovery and Reinvestment Act to completr the CRB’s fourth The space would be converted from shell space to laboratories that Rusty UTHSC’s vice chancellor for research, says could creats 30 new jobs and retain 25 The yet-built Building II will focus on researcb relating to cardiovascular diabetes and cancer. When the CRB opened in it was the first new building to be built on the UTHSC campus in17 years. The new Collegde of Pharmacy building is now under construction at theBioworkes campus.
It is the first mostly state-funded projecty to be built for UTHSC in20
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