Luongo's unreal saves followed by sobering shootout The Province Vancouver Canucks netminder Roberto Luongo has started five straight games and has given up just six goals in that time. COLUMBUS รข€" If Jannik Hansen is right, and the shootout is nothing more ... |
Wednesday, December 14, 2011
Luongo's unreal saves followed by sobering shootout - The Province
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Sunday, December 11, 2011
Medical journal scolds Gates Foundation - Puget Sound Business Journal (Seattle):
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The Lancet medical journal’s edition published Friday had an analysid of Gates Foundation grants from 1998througy 2007, along with commentary on the study’s The analysis found that: • Much of the foundation’s researcuh and development grants have gone to universities and institutionas in high-income countries. The studgy even cites Seattle-based PATH, a global health organizatiobn that has receivednearly $1 billionb from Gates, and asks whether some organizations woulds be better characterized as agents of the foundation rathere than independent grantees.
• The foundation has focused too heaviluy onselected diseases, malaria, for example, while othed diseases may exact a greatetr toll. Specifically, the Lancegt commentary points towarda “poor correlation betwee n the foundation’s funding and childhood disease priorities.” A lack of transparency in decision makinfg and planning has caused “seriou s anxiety” and questions about the Gatesx family’s “whimsical governance principle” in setting “What are the foundation’s plans for the future?
It is hard to know for according to the Lancet’s The London and New York-basef Lancet praises the contributions to globalk health made by the foundation. Generao awareness and funding have been thereport said. Specifically, the report cites the foundation’sx initial gift of $750 millio n made in 1999 to the Globao Alliance for Vaccines andImmunization (GAVI), and founding of the Institute for Healthu Metrics and Evaluation at the as particularlhy important accomplishments.
The Lancet editorial makes five recommendations to the Improve governance, increase transparency and accountability, targeyt grants to better reflect disease invest in health systems in low-incomee countries and listen to and engage The Gates Foundation released a statement in response to the Lance t articles. “We welcome this articles and its findings. We try to be very thoughtfulp about how to targetour resources, and we constantlhy seek out feedback from outside experts and In the end, we use our best judgment to determine where our funding can achieve the greatesg reductions in health inequity around the world.
We are committedc to communicating information abouftour strategy, grants, and and are using our website to make it easierr to find this information,” the foundatiohn said. The Bill & Melinda Gates Foundation, founded by Microsoft (NASDAQ: MSFT) co-founder Bill Gates and his Melinda, is the world’s largest private philanthropy with assets ofnearly $27.5 billion, as of April 1, 2009. The foundation has three primaryprogram areas: global health, global developmenty and U.S. programs.
The Lancet medical journal’s edition published Friday had an analysid of Gates Foundation grants from 1998througy 2007, along with commentary on the study’s The analysis found that: • Much of the foundation’s researcuh and development grants have gone to universities and institutionas in high-income countries. The studgy even cites Seattle-based PATH, a global health organizatiobn that has receivednearly $1 billionb from Gates, and asks whether some organizations woulds be better characterized as agents of the foundation rathere than independent grantees.
• The foundation has focused too heaviluy onselected diseases, malaria, for example, while othed diseases may exact a greatetr toll. Specifically, the Lancegt commentary points towarda “poor correlation betwee n the foundation’s funding and childhood disease priorities.” A lack of transparency in decision makinfg and planning has caused “seriou s anxiety” and questions about the Gatesx family’s “whimsical governance principle” in setting “What are the foundation’s plans for the future?
It is hard to know for according to the Lancet’s The London and New York-basef Lancet praises the contributions to globalk health made by the foundation. Generao awareness and funding have been thereport said. Specifically, the report cites the foundation’sx initial gift of $750 millio n made in 1999 to the Globao Alliance for Vaccines andImmunization (GAVI), and founding of the Institute for Healthu Metrics and Evaluation at the as particularlhy important accomplishments.
The Lancet editorial makes five recommendations to the Improve governance, increase transparency and accountability, targeyt grants to better reflect disease invest in health systems in low-incomee countries and listen to and engage The Gates Foundation released a statement in response to the Lance t articles. “We welcome this articles and its findings. We try to be very thoughtfulp about how to targetour resources, and we constantlhy seek out feedback from outside experts and In the end, we use our best judgment to determine where our funding can achieve the greatesg reductions in health inequity around the world.
We are committedc to communicating information abouftour strategy, grants, and and are using our website to make it easierr to find this information,” the foundatiohn said. The Bill & Melinda Gates Foundation, founded by Microsoft (NASDAQ: MSFT) co-founder Bill Gates and his Melinda, is the world’s largest private philanthropy with assets ofnearly $27.5 billion, as of April 1, 2009. The foundation has three primaryprogram areas: global health, global developmenty and U.S. programs.
Friday, December 9, 2011
Catching Up with Shelton Gibson - Eleven Warriors
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Eleven Warriors | Catching Up with Shelton Gibson Eleven Warriors Class of 2013 Cleveland Heights WR Shelton Gibson had an early offer from Auburn, the 2010 national champions. Gibson was so excited about getting that prestigious offer that he took a trip down south for the Iron Bowl to see the Tigers' take on ... |
Wednesday, December 7, 2011
First American affiliate buys Attleboro site - Portland Business Journal:
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million. First American, on behalf of an affiliate, boughtr a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleborp Corporate Campus was previously owned and occupied by and isa 300-acrse mixed-use office and industrial campus located just off Interstat 95 in Attleboro. Buildingb 12 is leased to as it’s global manufacturintg headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industriao gases and its parent, The Linde Group. Preferref Unlimited Inc. is a 15-year-old commercial real estatew firm which started as Preferred Real EstateInvestments Inc.
The compant is headquartered in Conshohocken, Pa. First American Realtyg Inc. is a privatelt held investment and management firm basedin Worcester, Mass. whicyh acquires industrial and medicaloffice
million. First American, on behalf of an affiliate, boughtr a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleborp Corporate Campus was previously owned and occupied by and isa 300-acrse mixed-use office and industrial campus located just off Interstat 95 in Attleboro. Buildingb 12 is leased to as it’s global manufacturintg headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industriao gases and its parent, The Linde Group. Preferref Unlimited Inc. is a 15-year-old commercial real estatew firm which started as Preferred Real EstateInvestments Inc.
The compant is headquartered in Conshohocken, Pa. First American Realtyg Inc. is a privatelt held investment and management firm basedin Worcester, Mass. whicyh acquires industrial and medicaloffice
Monday, December 5, 2011
Cypress Creek Town Center construction halted - Tampa Bay Business Journal:
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A spokeswoman for the developer said constructionj should resume within butdates aren't yet set. Insteads of opening late this year as previously the retail center should be complete and fully occupie in about 18 to24 months, said Michelled Seifert, associate vice president of retail at /Commercialp Florida. Seifert represents several tenants that expect to open at the More than a dozen contractors stopped work about two week ago at the behest ofthe , said spokeswoman Deanne Roberts.
The with the approval of the retaio tenants, is waiting for the reinstatement of a federalk permit that allows about 54 acres of wetland s onthe 100-acre site to be "Logistically it has proved difficult to work around these wetland areas," Roberts said. The suspended the wetlandsa infill permiton Feb. 1 aftere storm water runoff polluted Cypress a protected tributary of the Hillsborough It was the second time the Army Corpas investigatedsite runoff. But constructionb continued on the retail center despite thesuspension -- until now.
The project at State Road 56 and Interstater 75 has faced criticism from environmentalists sincer it was announced seven years ago by developerJohn Sierra, who initially brought in the DeBartol o Group to develop the mall. Aftef DeBartolo backed out, Sierra partnered with the Richard E. Jacobs Jacobs bought the landin June, a month after the Army Corpds issued the wetlands permit. In October, the sued in federao court in Washington, D.C., to contest the permit's That case is pending. Roberts said the recent halt inwork isn' t related to the lawsuit.
"Until the Corps resolves it was impractical tocontinue construction," Roberts Work stopped before Florida's rain season kicks in, whicg might have created further problems for construction workers trying to contaih storm water runoff. To stop further erosion at the workers are sowing rye seed to grow Roberts said. Prior to the has poured a cement slab forthe 190,000-square-foot , Roberts Target bought its site from the developer in Novembee for $5.25 million. Rich Shannon, the Williamxs Co. VP in charge of the said in February that the general contractor expected to finish the store in time for anOctobee opening. Shannon did not return call s for comment.
Other Cypress Creek Town Cente anchors and retailers includea 96,000-square-foot department store, an18-screen AMC a 45,000-square-foot , a 28,000-square-foot Linens 'n Things, a 20,000-square-footy Staples and an 18,000-square-foot . Jacobas has not yet announced another 150,000-square-foo t anchor tenant. But publi c records indicate that mightbe Corp. Nearb y retail centers are markedly ahead of Cypress Grove at Wesley near State Road 54and I-75, openerd its first phase last year in time for the winter holida shopping season. Developed by Echo Real Estate Services Co. and Cornerstonw Real Estate Advisors, tenants include Cobb , ULTA, , , , . , , and .
The Grove'sz second phase is now under construction, including the out-parcels for smallef retailers andthe 16-screen upscale theater that will includde a restaurant and lounge. The Shops at Wiregrass, near Stater Road 56 and Bruce B. Downs Boulevard, expectw to open its first 800,000-square-foot phase in Anchor tenants at Shops at Wiregrassinclude , and , whicn is already open for business. Developed by Fores City Development and TheGoodman Co., other retailersx include Talbots, , Victoria's , Coach, and Gymboree. jleiser@bizjournals.coj | 813.342.
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A spokeswoman for the developer said constructionj should resume within butdates aren't yet set. Insteads of opening late this year as previously the retail center should be complete and fully occupie in about 18 to24 months, said Michelled Seifert, associate vice president of retail at /Commercialp Florida. Seifert represents several tenants that expect to open at the More than a dozen contractors stopped work about two week ago at the behest ofthe , said spokeswoman Deanne Roberts.
The with the approval of the retaio tenants, is waiting for the reinstatement of a federalk permit that allows about 54 acres of wetland s onthe 100-acre site to be "Logistically it has proved difficult to work around these wetland areas," Roberts said. The suspended the wetlandsa infill permiton Feb. 1 aftere storm water runoff polluted Cypress a protected tributary of the Hillsborough It was the second time the Army Corpas investigatedsite runoff. But constructionb continued on the retail center despite thesuspension -- until now.
The project at State Road 56 and Interstater 75 has faced criticism from environmentalists sincer it was announced seven years ago by developerJohn Sierra, who initially brought in the DeBartol o Group to develop the mall. Aftef DeBartolo backed out, Sierra partnered with the Richard E. Jacobs Jacobs bought the landin June, a month after the Army Corpds issued the wetlands permit. In October, the sued in federao court in Washington, D.C., to contest the permit's That case is pending. Roberts said the recent halt inwork isn' t related to the lawsuit.
"Until the Corps resolves it was impractical tocontinue construction," Roberts Work stopped before Florida's rain season kicks in, whicg might have created further problems for construction workers trying to contaih storm water runoff. To stop further erosion at the workers are sowing rye seed to grow Roberts said. Prior to the has poured a cement slab forthe 190,000-square-foot , Roberts Target bought its site from the developer in Novembee for $5.25 million. Rich Shannon, the Williamxs Co. VP in charge of the said in February that the general contractor expected to finish the store in time for anOctobee opening. Shannon did not return call s for comment.
Other Cypress Creek Town Cente anchors and retailers includea 96,000-square-foot department store, an18-screen AMC a 45,000-square-foot , a 28,000-square-foot Linens 'n Things, a 20,000-square-footy Staples and an 18,000-square-foot . Jacobas has not yet announced another 150,000-square-foo t anchor tenant. But publi c records indicate that mightbe Corp. Nearb y retail centers are markedly ahead of Cypress Grove at Wesley near State Road 54and I-75, openerd its first phase last year in time for the winter holida shopping season. Developed by Echo Real Estate Services Co. and Cornerstonw Real Estate Advisors, tenants include Cobb , ULTA, , , , . , , and .
The Grove'sz second phase is now under construction, including the out-parcels for smallef retailers andthe 16-screen upscale theater that will includde a restaurant and lounge. The Shops at Wiregrass, near Stater Road 56 and Bruce B. Downs Boulevard, expectw to open its first 800,000-square-foot phase in Anchor tenants at Shops at Wiregrassinclude , and , whicn is already open for business. Developed by Fores City Development and TheGoodman Co., other retailersx include Talbots, , Victoria's , Coach, and Gymboree. jleiser@bizjournals.coj | 813.342.
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Saturday, December 3, 2011
Expanding firms can refinance loans through SBA
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The SBA began allowing small businessesz to use the 504 program to refinance existing debt last implementing a provision in the economicstimulus legislation. This new progranm could be a big boost for smalpl businesses carrying a heavy debt load or facing a balloon payment on a realestate loan, but there’a a catch: The refinancing is available only to smallo businesses that also want to borro w money to expand their businesses. Only 5 percengt of small business owners thinko now is a good timeto expand, according to a surveh conducted in May by the .
For thosde ready to take the leap, government-guaranteec 504 loans are available from nonprofit organizations knowm as certifieddevelopment companies, which partner with commercial In the Albany area, most 504 loans go througu The program provides fixed-rate financing to smalkl businesses for fixed assets such as buildings, land and Under the changes in the program, smalo businesses now can refinance existing debt relatec to fixed assets if they also borrow money to financw more real estate or equipment. The amount of debt bein refinanced must be 50 percent or less of the totalo cost ofthe expansion.
The debt being refinancec also must be collateralized by fixed and the terms and interest rate on the new loan must be betterd than theexisting loan. Borrowers also must have been currentg on their existing loan for the past 12 SBA Administrator Karen Mills said these permanent changezs to the 504 program will help smallo businesses improve their cash flow by restructuring theircurrentf debt, and finance new facilities and equipment. “Thes are investments that are really criticakl to business growth andjob creation,” Milles said.
The credit crunch has made it difficulty for even strong companies to obtain financingfor expansion, she Chris Crawford, president and CEO of the , said the 504 loan changesa will help small businesses take advantage of the good dealws that currently are available in commercial real estate. “It’ s going to enable a whole bunch of smalp businesses that really do still want to expand go afterd realestate that’s priced very, very competitively,” said Crawford, whos e association represents certified development companies. Businesses that aren’gt in a position to expande could be helped if Congress passes the Small Businesd Assistance in DebtAct (H.R.
That bill, which recently was introducesdby Rep. Betsy Markey would allow all small businesses—not just expanding ones—to refinance commercial real estate loans througn the504 program. That would allow businessees to tap their equity in their owner-occupied buildings, as well as get betted loan terms. Markey said it also would help banks reduce their risks on realestate
The SBA began allowing small businessesz to use the 504 program to refinance existing debt last implementing a provision in the economicstimulus legislation. This new progranm could be a big boost for smalpl businesses carrying a heavy debt load or facing a balloon payment on a realestate loan, but there’a a catch: The refinancing is available only to smallo businesses that also want to borro w money to expand their businesses. Only 5 percengt of small business owners thinko now is a good timeto expand, according to a surveh conducted in May by the .
For thosde ready to take the leap, government-guaranteec 504 loans are available from nonprofit organizations knowm as certifieddevelopment companies, which partner with commercial In the Albany area, most 504 loans go througu The program provides fixed-rate financing to smalkl businesses for fixed assets such as buildings, land and Under the changes in the program, smalo businesses now can refinance existing debt relatec to fixed assets if they also borrow money to financw more real estate or equipment. The amount of debt bein refinanced must be 50 percent or less of the totalo cost ofthe expansion.
The debt being refinancec also must be collateralized by fixed and the terms and interest rate on the new loan must be betterd than theexisting loan. Borrowers also must have been currentg on their existing loan for the past 12 SBA Administrator Karen Mills said these permanent changezs to the 504 program will help smallo businesses improve their cash flow by restructuring theircurrentf debt, and finance new facilities and equipment. “Thes are investments that are really criticakl to business growth andjob creation,” Milles said.
The credit crunch has made it difficulty for even strong companies to obtain financingfor expansion, she Chris Crawford, president and CEO of the , said the 504 loan changesa will help small businesses take advantage of the good dealws that currently are available in commercial real estate. “It’ s going to enable a whole bunch of smalp businesses that really do still want to expand go afterd realestate that’s priced very, very competitively,” said Crawford, whos e association represents certified development companies. Businesses that aren’gt in a position to expande could be helped if Congress passes the Small Businesd Assistance in DebtAct (H.R.
That bill, which recently was introducesdby Rep. Betsy Markey would allow all small businesses—not just expanding ones—to refinance commercial real estate loans througn the504 program. That would allow businessees to tap their equity in their owner-occupied buildings, as well as get betted loan terms. Markey said it also would help banks reduce their risks on realestate
Thursday, December 1, 2011
Judge lets class action suit proceed against BankAtlantic Bancorp - South Florida Business Journal:
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The case will now proceeed into a discovery phase that will put theFort Lauderdale-basexd bank’s past lending practices under the microscope. The amendee complaint, filed in January by lead plaintiff State-Bostonm Retirement System, accused BankAtlantic (NYSE: BBX) of ignorinhg its own lending guidelines in approving some land developmeny loans and then not disclosing the high likelihood of losses on those loansto investors. The complaint uses confidentiak witnesses who said they formerly workedat BankAtlantic. The legal test comes at a crucial time forthe company.
BankAtlantivc Bancorp has lost a totalof $245 million from the star of 2008 through the recent first quarter, althougn its BankAtlantic subsidiary has maintained its well-capitalized ratios thank s in part to the parent holdinv company bolstering it with Miami-based attorney Eugene Stearns, who represents BankAtlantic in the said the lawsuit is frivolous because it’s cleart that the deteriorating Florida real estate rather than its lending activity, caused the losses at the bank.
The case will now proceeed into a discovery phase that will put theFort Lauderdale-basexd bank’s past lending practices under the microscope. The amendee complaint, filed in January by lead plaintiff State-Bostonm Retirement System, accused BankAtlantic (NYSE: BBX) of ignorinhg its own lending guidelines in approving some land developmeny loans and then not disclosing the high likelihood of losses on those loansto investors. The complaint uses confidentiak witnesses who said they formerly workedat BankAtlantic. The legal test comes at a crucial time forthe company.
BankAtlantivc Bancorp has lost a totalof $245 million from the star of 2008 through the recent first quarter, althougn its BankAtlantic subsidiary has maintained its well-capitalized ratios thank s in part to the parent holdinv company bolstering it with Miami-based attorney Eugene Stearns, who represents BankAtlantic in the said the lawsuit is frivolous because it’s cleart that the deteriorating Florida real estate rather than its lending activity, caused the losses at the bank.
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