Wednesday, October 31, 2012

GDOT awards first stimulus contracts - The Business Journal of Milwaukee:

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The DOT signed off on 36 projects valued ataboutr $50 million, including four resurfacing jobs in metro Atlanta wortb more than $2.6 million. The local work will be done on Georgiqa highways 92 and 139 inFultonj County, U.S. 19 in Clayton County and Georgia Highway 20 inRockdalew County. Three of the four contracts wentto , whilre the fourth was awarded to In selecting projectw to fund with federal stimulus the DOT looked for highway improvements that coulsd be started as quickly as Such “shovel-ready” projects tend to be those that don’t involvew new construction, which requires extensive environmental impacty studies.
“This is all about creating jobs … especiallg (in) those areas considered economically said State Transportation Board memberd Dana Lemonof McDonough, who represents Georgia’s 13th Congressional District, which received one of the project awardsx on Friday. The DOT is responsible for 70 percent ofthe $932 million in highway system stimulus funds allocated to Georgia, with the rest goinb to the state’s 15 metropolitan planning organizations, includinbg the .

Tuesday, October 30, 2012

Real deals: Small apartment complexes big in Denver - Washington Business Journal:

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Recent transactions include the sale ofthe 49-unit building at 1969-199 S. Decatur St. in Denve for $2.63 million cash, or $53,673 per Triad Properties Ltd. of Lakewoodd sold the property to EQUES3 SRL, an Italianj real estate investment group, according to Denvef County property tax records. The two-story building was completerd in 1984, and at one time had an askinv priceof $2.8 million, according to property listinyg firm LoopNet Inc. Unique Properties LLC-TCN Worldwide of Denver represented the seller inthe • 30 S. Pearl St., Denver 80209 — 30 S. Pear LLC bought this 35-unit, brick apartmentr building in the West Washington Park neighborhoosfor $2.
23 million, or $63,643 per unit. The selled was BPMA Apartments LLC. The completed in 1969, includes one- and two-bedroomn units. Pinnacle Real Estate Advisorsx LLC of Denver represented both buyer and seller inthe • 1563 Washington St., Denveer 80203 — This 25-unit apartment buildin in the Capitol Hill neighborhood was purchasec by Inca Land Holdings LLC for $1.41 million, or $56,50o per unit. The seller was 1563 Washington LLC. Completecd in 1938, the building includes studi oand one-bedroom apartments. Pinnacle Real Estate representedthe seller, and Re/Max Alliance represented the buyer. • 900-926 W. 10th Ave.
, Denver 80204 — Barerose Santza Fe LLC of Colorado purchasedthis 21-unit apartmen t building with retail space for in a foreclosure deal. Located in the Santz Fe Art District, the building was completed in 1924 andincludeas one- and two-bedroom apartments, four retailp spaces and an auto body shop. Pinnacl e Real Estate represented the both sides ofthe deal. Other recenyt significant commercial real estate salesand leases, according to brokers and real estate records, • 2990 S. Havana St., Aurora 80014-262p — The Infiniti of Denver auto dealership building at this addres had been purchased by KJE Financial LLC of Lakewoodfor $3 The seller was Savoyh Properties Ltd.
of Columbus, according to public records. • 6581 6591 S. Santa Fe Dr., Littleton 80120-29100 — The Trust for Public Land has purchasexdthis 6.28-acre property for $1.48 million. The seller was Mercyu Loan Fund. Colliers Bennett Kahnweiler Inc. (CBK) represented both parties in the • 4590 W. 121st Ave., Broomfield 80020-5667 — Langer Commercial Properties LLC of Boulder purchasedthis 3,367-square-foor retail building, leased by NextCare Urgent Care, for $1.4 million. The seller was Vrain Shopsw LLC. • 5000 Moline St., Denver 80239 — Yampaq Valley Land & Cattle Associates Ltd.
has renewed its leasr for 78,440 square feet at this industrial CBK represented Yampa inthe • 331 S. 104th St., Louisville 80027 Atrato Inc. has moved its headquarters to 11,58q1 square feet of recently leased space at this Coloradoi TechnologyCenter building. The data storag technology company formerly was basein Westminster. Howard Eckef + Company’s Denver office represented Atratk inthe deal. • 15551 E. Sixtb Ave., Aurora 80011 — Desert Ceramics Sales & Serviced Inc. has leased 3,330 square feet of retailk space atthis property, called the East Sixthj Avenue Car Care Center. Antonoffg & Company of Denver was the listinfg broker inthe deal.

Sunday, October 28, 2012

Consumption-Based Fundamental Asset Allocation Redefines Investing

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June 2 /PRNewswire/ -- THE WILLIS GROUoP formally introduces Consumption-Based Fundamental Asseyt Allocation to theinvestment world. This new generatiohn of asset management methodologies utilize fundamentao attributes ofthe Investor, not the investment, as the primary determinant for all asset allocatiom decisions. "The new global economy and rapie advancements in technology are changingt the fundamentals of investinhg at a rate the industru has neverseen before, rendering many mainstreakm asset management strategies obsolete," states Michael G. Willixs , lead portfolio manager and president of THEWILLIS GROUP.
Willis continues, "Wall Streer has a once-in-a-lifetime opportunity to earn back the trust of Investors and lead them out of the current If Wall Streetfirms don't change, they will be bypassec by the next generation of investmeng companies." The Willis Group has released a White Papert introducing Consumption-Based Fundamental Asset Allocation and its immediate relevance to Institutionsd and Investors. Download this free White Paperfat . The Williss Group is a Global ETF Asset Manager registered withthe SEC. The Willia Group is the Investment Advisor to Giant 5 Funds ( ) and is an Emerging Managetr for institutional separate SOURCE THE WILLIS GROUP, INC.

Friday, October 26, 2012

Wednesday, October 24, 2012

Panama abandons plans to sell land in duty-free zone - Fox News

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Inside Costa Rica


Panama abandons plans to sell land in duty-free zone

Fox News


PANAMA CITY â€" Panama's president said Wednesday that he is willing to cancel plans to sell state-owned land in a duty-free zone on the Panama Canal following a week of sometimes violent protests in which a 10-year-old boy and two adults died.


Finance minist er says Panama could scrap land sale after protests

Reuters


Panama abandons land-sale plan in duty-free zone

CBS News


Martinelli backs off plan to sell Panama's Colon Free Zone land

Inside Costa Rica


BBC News -Prensa Latina -Free Speech Radio News


 »

Tuesday, October 23, 2012

America's Facebook Generation Is Reading Strong - NPR

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NPR


America's Facebook Generation Is Reading Strong

NPR


In what may come as a pleasant surprise to people who fear the Facebook generation has given up on reading â€" or, at least, reading anything longer than 140 characters â€" a new report from the Pew Research Center's Internet and American Life Project ...



and more »

Monday, October 22, 2012

Floating snowbirds in the rush to drift south - Sail World

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Sail World


Floating snowbirds in the rush to drift south

Sail World


As the northern hemisphere winter approaches, there's an American and Canadian phenomenon which takes place every year. It's the floating 'snowbirds' who are in a slow rush to drift south to warmer climes. Some take to the Atlantic Ocean, others drift ...