Friday, September 23, 2011

Colorado skier visits down 5.5% for the season - Minneapolis / St. Paul Business Journal:

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percent from last year, reported Thursday. But the state’s ski resortds had an uptick in visit by FrontRange residents, and Melanie Ski Country’s president and CEO, pronounced herseltf “very happy with wherre visitation is for this season.” “Thde travel industry as a whole was put to the test this past Mills said in a statement. “Bu t visitation numbers show not only the enduriny value of a Coloradoski vacation, but the strong commitment our resident skiing and riding community has to our state’xs signature sports.” Ski Country is a marketingy and trade group for 22 Colorado mountaim resorts. Those member resorts alone recorderd 6.
79 million skier visits this season, down 6.9 percen t from the previous year, Ski Country said. Membe resort numbers for 2008-09 were down 3.9 percenr from the average of the last five SkiCountry said. Ski Countruy said that in-state resort visits were up 2.5 percent over last as Front Range residents took advantage of bargains and stayer closer to home to keep down vacatiomn andrecreations costs. Ski areas operateed by Broomfield-based aren’t members of Ski Those resortsinclude Breckenridge, Vail, Beaver Creekm and Keystone. Vail Resorts last week said its total skiert visits at all itsresorts — includinbg Heavenly in California-Nevada — were down 5.
3 percentg from the previous

Wednesday, September 21, 2011

Finding tenant will be difficult - Business Courier of Cincinnati:

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The 1.3 million-square-foot building is one of the largesr properties inthe area, with more square footagew than the Kettering Tower, One Daytonb Centre and the KeyBan k Tower combined. Paul Hutchins, owner and broker with Dayton-basecd , said only a few users could fill theentired campus, and those types of tenants rarelyg come along. “You would have to look for somebodh looking for acorporate headquarters,” Hutchins said, notint that would be a difficult task in the currentr environment. Mark Fornes, owner of Centerville-based , agreed that a one-shot tenant would be hard to “There’s not too many 1 million-square-foot usersd running around,” Fornes said.
According to Montgomerh Countyproperty records, the buildinhg is valued at $31.4 million and sits on 54 acres. An emptu NCR headquarters would bump the Dayton market officre vacancy ratefrom 21.2 percengt to 27.6 percent. Fornes said the sheer size of the building presents thebiggest challenge. But he said the in the city of Dayton but not in the centraklbusiness district, makes it a differentt animal. “You have the free It makes it more like a suburban center in acentral location,” Fornes Hutchins said by dividing the propertt to become a multi-tenant it would take eight to 10 yearx to completely fill the facility, which is locate d at 1700 S. Patterson Blvd.
He said the regiom could get lucky and find a user that wantd to relocateits headquarters, but it would take proactivr government action. Even though the costse to subdivide the building wouldbe large, Forneas said the building woul d fill up quicker with a combination of smaller users, rather than hunting for one giantt tenant. Hutchins said the only problem with doing that is the operational costs. For it to make sense to maintain the building, the firsr tenant would have to fill at least 200,000 squard feet of space. Anything smaller would be a highlgy inefficient useof space, he said. There are some potential optionws forthe campus.
A larg e defense contractor might be interested inthe facility, Hutchines said, as it offers a campud setting, is wired for high-techu capabilities and has plenty of nearbyg amenities. Brokers said donating the building to an educatiojn institution or the city of Daytonj may be thebest option. Hutchins said a good optiobn would be giving the buildinbg tothe . NCR would gain the benefitsw of atax write-off and the universityy would have a business campus, complete with parking, a cafeteria and plenty of spacer for classrooms, to mold for its “I bet they’ve already talked about donating it to Hutchins said.
“Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tech technology center.” Fornes also said donation to a university would make “It would be reallh nice if they give it to Fornes said. “It would be a nice gesture in return for takinbg theirheadquarters out.” NCR said Wednesday that Los Angeles-based will be marketint the headquarters. CB Richard Ellix also was selected by NCR in the firsty quarter of this year to handlefacilitiesa management, transaction management, lease administration and project management serviced across the company’s 5.5 million-square-foot real estate portfolio.
CB Richard Ellisz officials could not be reached for commengt forthis story.

Monday, September 19, 2011

Apple stock down on new iPhone, but no Jobs - Business First of Louisville:

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The stock finished trading at $143.85, down 0.57 after being down as more than 3 percenf earlier inthe day. Speculation ahead of the San Franciscol event centered on if CEO Steve Jobs would make his firsf appearance since taking medicap leave earlier this year and whether the compan would unveil its nextgeneratio iPhone. Jobs didn't make an appearance, but Bloomberbg News cited unnamed sources Monday who said that he had been activelt involved inthe company's preparation for Monday's The new iPhone is nearly three times faster to downloas Web page and comes with a 3-megapixel autofocue camera.
It also has voice-control features and a built-in The 3GS also has improvedf battery life with up to nine houron WiFi, 10 hours while watching 30 hours using audio, 12 hour s using 2G talk and five hours usintg 3G talk. It also features a new built-inb digital compass for instant navigation. The new iPhone, availables in black and white onJune 19, will sell for $199 for a 16GB modelk and $299 for 32GB. — New versions of the MacBoo Pro. A 15-inch version that starts at $1,699, a lower-priced 17-inch that starts at $2,499 and a 13-incnh version that starts at $1,199.
— Lowee prices for the MacBook Air ultra-thin line, cutting $700 off the 128G B model to $1,799 and cuttingb $300 off the base model at — A new versionb of the Mac operating system, Snow Leopard, that is faster to instalo and takes up 6 gigabytes less hard drive The new operating system comesd with a new version of the Safarik Web browser that Apple says is more robust and faster thanprevioues versions.
— New iPhone software including ability to cut and pastde data and an alert feature that helpse users find their device or remotely wipe its memory clean if it gets stolebn and later restore it using an iTunes Apple said at the conference that it has now sold more than 40 milliob iPhones and iPod Touches and that usersa of the devices have a choice of morethan 50,00 0 software applications they can download.

Saturday, September 17, 2011

New Zealand pulls out of Durban III over anti-Semitism - Jerusalem Post

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Reuters UK


New Zealand pulls out of Durban III over anti-Semitism

Jerusalem Post


BERLIN - New Zealand Foreign Affairs Minister Murray McCully announced on Friday that New Zealand will boycott the Durban III conference on September 22 because the anti-racism event is plagued by anti-Semitism. In a statement issued to The Jerusalem ...


As UN revisits an painful chapter, some wonder why

The Associated Press


AJC Lauds New Zealand's Decision to Skip Durban 3

American Jewish Committee (press release)


NZ refuses to join UN party

The Dominion Post


BBC News -Otago Daily Times -Inter Press Service


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Thursday, September 15, 2011

LendingTree expands product offering - Business First of Louisville:

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According to the company, its customer-retention technology identifies customers byloan loan-to-value ratio, loan purpose and FICO scores. “Wituh refinancing activity from borrowers representingh a significant portion of overall origination our lender network has expressed a desirse to capture and retain currenttmortgage customers,” says Bob Harris, president of the LendingTree “As part of the LendingTree banks and lenders that use our new customer-retentiob initiative will be able to significantly impac the ratio of overall mortgage portfolio retained, just as effectively as they can attractr new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an online lendinyg and real estate company. Tree.com’s principle businesses are which matches potential mortgage borrowers to and RealEstate.com, which works with individuales seeking homes and real estate agents. LendingTree says it has facilitaterd more than 25 million requests for loans onlineand $185 billionj in closed loan transactions.

Monday, September 12, 2011

Billy Hunter tells players to be ready for end of lockout: A fan's reaction - Yahoo! Sports

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Billy Hunter tells players to be ready for end of lockout: A fan's reaction

Yahoo! Sports


Is the NBA lockout about to end? The way the spokespeople have been talking lately, the season is as good as over. The NBA owners want to strip the players of astronomical amounts ...



and more »

Saturday, September 10, 2011

Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1 - Reuters

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Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1

Reuters


DE) Securities COMM 2010-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this release. The affirmations are due to stable performance of the collateral and sufficient credit enhancement to the ...


Fitch Affirms Deutsche Bank Securities COMM 2010-C1

MarketWatch (press release)


Fitch Affirms Deutsche Bank Securities COMM 2010-C1

Business Wire (press release)



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