| Anthracite Capital CEO to Speak at Credit Suisse Global Real ...
NEW YORK--(BUSINESS WIRE)--Christopher A. Milner, Chief Executive Officer of Anthracite Capital, Inc. (NYSE:AHR), is scheduled to speak at the Credit Suisse Global Real Estate Conference in New York on Wednesday, April 11, 2007 at 4:00 p.m. (eastern time). Prior to Mr. Milner's remarks, a copy of his presentation and a live audio webcast will be accessible via the "Investor Relations" section of Anthracite's website, www.anthracitecapital.com. A replay of the webcast will be available within 24 hours of Mr. Milner's presentation and will remain accessible through the Company's website for seven days. About Anthracite Anthracite Capital, Inc. is a specialty finance company focused on investments in high yield commercial real estate loans and related securities.
Canadian Rod Burylo 2004 Financial Advisor of the Year Contributes ...
(openPR) - Puerto Vallarta, Jalisco, Mexico, March 22, 2007 — International speaker, business author and award winning financial advisor, Rod Burylo has been added to the expert team at fundVallarta.com. This announcement is in response to the creation of comprehensive coverage throughout North America in the development of real estate investment opportunities in Puerto Vallarta, Mexico. Burylo will be providing his broad range of expertise through a series of seminars hosted by fundVallarta in a variety of US cities over the next several months. FundVallarta.com will play host to a series of educational events designed to assist Baby Boomers in the management of their retirement portfolio. The timing of the events is in response to a new paradigm shift in the culture of finance. Burylo elaborates, “Retirement, as we understand it today, is a new human phenomenon; never before, have so many people been able to enjoy such a significant amount of leisure for such a significant period of time." Topics covered in these planned events include: 1.
Spirit Finance Corporation to Be Acquired by Macquarie-Led Consortium
SCOTTSDALE, Ariz. & NEW YORK--(BUSINESS WIRE)--Spirit Finance Corporation (NYSE: SFC) ("Spirit Finance"), a real estate investment trust focused on single tenant, operationally essential real estate, today announced that it has entered into a definitive merger agreement under which a consortium including Macquarie Bank Limited, Kaupthing Bank hf. and other independent equity participants (collectively, "the Consortium") will acquire Spirit Finance in a transaction valued at approximately $3.5 billion, including approximately $1.9 billion of assumed debt. Under the terms of the agreement, the Consortium will acquire all of the outstanding shares of Spirit Finance common stock for $14.50 per share in cash. This represents a premium of approximately 15% over Spirit Finance's 90 day average closing share price and an 11% premium over Spirit Finance's closing price on March 12, 2007.
Obelisk International Opens its Latest Office in Canary Wharf
Obelisk International announces the opening of its Canary Wharf office in April 2007, in the heart of London's business and financial district. Marbella, Spain (PRWEB) April 10, 2007 -- The real estate investment firm Obelisk International is recognised for providing its clients with global investment opportunities that offer security, tangibility and impressive financial performance, so London's modern finance centre of Canary Wharf was a natural choice for the company's latest office. This will be Obelisk International's third worldwide office and will be the base for the company's UK division of experienced Real Estate Investment Consultants. Canary Wharf is home to some of the biggest names in business, and has come to symbolise London's position as one of the key finance and business centres of the world.
Massirman Group Welcomes Vice President of Acquisitions
MIAMI--(BUSINESS WIRE)--The Massirman Group is pleased to announce that Dominic Rechichi Jr. has joined the firm as Vice President of Acquisitions. Dominic's responsibilities include acquisitions and analysis efforts focusing on the firm's target markets in the Southeastern United States. Prior to joining The Massirman Group, Dominic worked for the Buckingham Companies as an acquisitions and development manager. He earned his MBA with emphasis in real estate development from New York University and holds a Bachelors of Science degree in Finance and International Business from Florida State University. The Massirman Group is dedicated to delivering its partners, clients and investors superior results in today's complex real estate environment. The company is led by President and CEO Jay Massirman, who has spent more than 20 years in the real estate investment and capital markets field.
International Investment forum to debate future of Macau economy
Macau, China, 10 April – Over 250 real estate, tourism, banking and finance specialist are due to meet at the 2nd Annual Investment forum to be held in Macau on April 26 and 27 to discuss the present and future of the Macau economy, the meeting's organizers said.
“This year's Forum will discuss the factors that will determine the future of Macau as an international investment center," said Institutional Investor Conferences (IIC), the international organization responsible for the meeting.
The IIC said that the meeting would discuss the issue of growth of the gaming sector and the possibility of boosting other sectors of local industry and the consequences for the real estate market if the government introduces new management policies for land and property.
Farallon making big buy from Affordable Residential Communities
Farallon is one of ARC's largest institutional shareholders, with roughly 4.5 million shares as of the end of 2006, according to Yahoo!Finance. Based in San Francisco, Farallon also recently purchased metro Denver's Colorado Mills shopping mall. ARC (NYSE: ARC) is a publicly traded real estate investment trust (REIT), based in Englewood, that owns and operates 275 communities in 23 states. Those communities include 57,265 housing sites. The company, formerly called ARC IV REIT Inc., was started in 1998. Manufactured housing communities include prefabricated housing made in factories and transported to a site of occupancy. After expenses, taxes and repaying debt, ARC expects to gain $520 million to $545 million from the Farallon deal, according to the company.
|
