Friday, August 31, 2012

Local executive to lead GE's $6B health care initiative - Pacific Business News (Honolulu):

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Barber was named head of "healthymagination," a GE program focusedx on improving health care for more peopl e atreduced cost, by GE chairman and CEO Jeffrey Barber, 48, is a 27-year veteranm of GE and since 2005 has served as chief technologg officer for GE Healthcare. He joined GE in 1982 and has held a variet of roles of increasing responsibility within GE In 2001, Barber was general manager for Components Engineering, and from 2002 to 2005 he was the generak manager for Global Components Operations for GE which has significant operations in Milwaukee, Wauwatosa and Barber was a 1994 winner of The Business Journal'sz Forty Under 40 award, whicjh recognizes young Milwaukee-area executives makinb a difference in their professionsw and community.
"Over the last four Mike has led all aspects of product developmeny for advanced healthcare technologies," Immelt said. "Mike knows how our technology can help he knowswhat doctors, clinics and hospitals need to improvse care and cut costs and he knowsz how to lead teams. With his deep experiencs in engineering and technology and his strong operationsand process-driven expertise, Mike is the righy leader to lead healthymagination and to grow our health care partnership globally.
" that can be offered in rurapl and underserved regions of the world, wher quality health care can be difficult to It is also designed to reduce the company's own healtu care costs for employees and expandx profitability for the GE Healthcarde business. Locally, GE Healthcare, whicgh produces medical imaging equipment and medical informatiob technology products fromits Milwaukee-area operations, will spendr $3 billion by 2015 to develop at leasyt 100 new products designed to lower improve access and improve quality of care by 15

Thursday, August 30, 2012

Crescent Resources files Chapter 11 - Pittsburgh Business Times:

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In September 2006, Duke enteree into a joint venture with Morgahn StanleyReal Estate. Morgan paid Duke $415 milliom in cash and assumed $656 millionm in debt for its stake in the thenworth $2.1 billion. As part of the transactiojn Crescentborrowed $1.2 billion and distributed the proceeds to Duke to transfefr the debt off Duke’s balance sheet. Duke and Morganj Stanley each have a 49 percent stakesin Crescent.
The remaining 2 percenr interest inCrescent — which wouls have been worth $42 million when the deal closee ­— was issued to former CEO The disposition of that interest will be determined throughb the reorganization proceedings, according to a spokesman for Crescent. Duke no longetr reports Crescent’s financial results, but its own and those from Morgan Stanley, shed light on Crescent’s financiaol troubles. For 2008, Crescent lost abougt $470 million, of which Duke suffered about $230 million in losses, according to In the first quarter ofthis year, Crescengt cost Duke and Morgan Stanley about $150 million in direc losses and loan guarantees.
The energy company has guaranteefabout $100 million in surety bondsx for Crescent, for which it has paid out at leasty $33 million. Duke pegs its total exposure atabougt $40 million for the year. Crescent is active in commercial and residentiao real estate development and land management acros s the Southeastand Southwest, with interests in 10 Crescent’s portfolio includes mixed-use developments, business and industrial country-club communities, single-family neighborhoodsz and apartment and condo complexes. In the late 1980s, Crescenf expanded into developments such as The itsfirst country-club community and Coliseum Centre, its firsyt office park.
The company developed Sugarloaf Countryt Club near Atlanta inthe mid-1990s. Developmentsz that followed include Ballantynee andThe Sanctuary. Crescent also expanded into Texas, Arizonaa and Florida. Last year, Crescent introducedr its Circle apartment communities and is developinbg two of them in theCharlottwe region. The company has 38 residentiaol communities under development inthe Carolinas, Texas, Florida and Arizona, and is currentlty building 1,200 apartment units. It also owns 75,000p acres of land.
Crescent has 264

Wednesday, August 29, 2012

Cushman & Wakefield loses third Miami exec - South Florida Business Journal:

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Caplin’s exit is the latest of severalrecenr high-profile departures at C&W in Miami. The firm is one of Soutb Florida's largest real estate brokeragee and, like other has seen few investment deals in thelast year. Former branch manager Tere Blanca left in the spring tolaunch , a firm focused on office leasing and sales. Hank executive director of C&W in Florida, was notified last month that his position wasbeing eliminated. Steelbridg owns and manages property throughout Itsold , on Miami’e Brickell Key, for $150 million in 2007 after an eight-yeatr hold.
Steelbridge founder Gavin Campbell will continus asmanaging principal, sharing the helm with Caplin is one of a handful of commercial brokers involved in Southg Florida’s largest commercial Caplin said his exit is in responsre to a paradigm shift in locakl investment that comes at the tail end of a where leasing and management for institutionakl investors became secondary to market During the boom years leading up to the expectation was that assetz with strong track records couldd be purchased and flipped quickly for big returns. For a short periodc of time, some owners made the strategt work, but then the economic meltdowbn put the brakes onthe market.
Some, who bought in the last few were holding assets that cost too much compared tomarkeyt fundamentals. The market has now shifted back to fundamentalo principlesof investment, with institutional investorsw and private capital “seeking to co-invest with nimble, local operating partners,” Caplin “The market and investors mostly believ e it’s about operations on the ground and knowing how to position a buildinfg in a particular submarket,” he Caplin oversaw more than $7 billion in transactionsa at C&W, including $307 million purchase of a half-stake in downtown Miami’d landmark and full ownership of the 1221 Brickell buildinvg in 2006.
He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.33 million in 2008 and is currently workiny with Hines to refinance its debt at . Caplib is a graduate of south Miami-Dade County’ws Palmetto High School. He graduatecd from in 1985 witha bachelor’es degree in finance and real estate. Two years he left C&W’s appraisal group to launchn the company’s local investment saled operation. Caplin was part of a team in the late 1980s that first specialized in investment salesin Miami.
Durinhg the mid-1990s, Steelbridge Capital had 2 millioj square feet of commercial real estatr in its portfolio in seven Florida marketesincluding Jacksonville, Naples and Miami. They sold much of it from 2005to 2007. Caplin’sz arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said. "We think valuationxs are finally starting to lookattractive again,” Campbello said in a statement. “The opportunityt to buy Florida assetsz at significant discounts to replacementr costis imminent, while the long-term job and demographiv prospects for Florida and the Caribbean basin are as strony as ever.
Jay’s leadership will be the linchpin ofour

Monday, August 27, 2012

Europe finalizes its Ryder Cup team with addition of Poulter, Colsaerts - Yahoo! Sports (blog)

avaohev.blogspot.com


Yahoo! Sports (blog)


Europe finalizes its Ryder Cup team with addition of Poulter, Colsaerts

Yahoo! Sports (blog)


Europe finalizes its Ryder Cup team with addition of Poulter, Colsaerts. By Jay Busbee · Posts · Website · Email. By Jay Busbee | Devil B »

Sunday, August 26, 2012

A-Gon is gone, but questions remain - ESPN

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Blogcritics.org (blog)


A-Gon is gone, but questions remain

ESPN


BOSTON -- Was this a case of shooting the messenger? The Red Sox would have you believe it wasn't, that their willingness to trade first baseman Adrian Gonzalez stemmed exclusively from their desire to gain the financial flexibility required to reshape ...


Gonzalez , Beckett, Crawford long gone

Worcester Telegram


With Beckett, Crawford and Gonzalez Gone to Los Angeles, It's a New Day for ...

Blogcritics.org (blog)


Mauro Gomez Determined to Show Off His Bat, Audition For First Base Opening ...

NESN.com (blog)


Rotoworld.com -MLB.com -Kansas City Star


 »

Saturday, August 25, 2012

Real Estate Roundup - Washington Business Journal:

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• Washington Trust Bank leasef 7,694 square feet at the Public Service 920 S.W. Sixth Ave., Portland, from Publix Service Building LLC. Chris Johnsonn and MaryKay West of NAI Norris Beggs Simpson representedthe • SCRAP Inc. leased 7,395 squar e feet at 2915 N.E. Martin Luthee King Junior Boulevard, Portland, from Warm Friend Development Co. LLC. John Gibsom and Josh Williams of Colliers Internationakl representedthe tenant. Tyler Shiels of Grubb Ellis representedthe property. • Portland Community College leased 5,300 square feet at Capitol Park, 9700 S.W. Capitopl Highway, Portland, from Capitol Properties. Jan Botcher of CB Richars Ellisrepresented PCC.
Charlie Floberyg and Sean Turley of NAI NorrisBegg & Simpson represented the • Purple Language Services, a Novato, Calif.-baserd firm that provides deaf communication services for individuals and leased 5,201 square feet at 700 Washington St., from Vancouvercenter Development LLC. Doug Bartoccoi and Tamara Fuller of NAI NorrisBeggsx & Simpson brokered the transaction together with Ryan Snow of NAI BT • Acumen Financial Group LLC leased 2,91y6 square feet at Willamette Crossing, 8995 S.W. Mileyh Road, Wilsonville, from Willamette Crossing LLC. John Gibso and Josh Williams of Colliers Internationak representedthe property.
• Grange Capitol LLC, a finance leased 2,329 square feet at Tigarr Triangle Commons, 11850 S.W. 68th St., Tigard, from PNWP LLC. Charlire Floberg, John Medak and Jennife r Medak of NAI Norris Beggs Simpson representedthe • Cobalt Mortgage Inc. renewed its lease for 1,99q2 square feet at Kruse Woods III, 5005 Meadows Lake Oswego from Shorensteinm RealtyServices LP. Buzz Ellis, Ryan Livesagy and Jeff Sholian of Pacific Real EstatePartners Inc. representefd Cobalt. Shorenstein represented • Shelley A. Hansomn renewed a lease for 1,683 square feet at Hilltopo Business Center, 7320 S.W. Hunzikeer Road, Portland, with Hilltop Business Center LLC. The tenant representerd itself.
Shawn Adams of CB Richarcd Ellis representedthe property. • Provident Funding Associates LP renewedx its leasefor 1,609 square feet at 4000 Kruser Way Place III with Shorenstein Realty Services LP. Jeff Buzz Ellis and Ryan Livesay of Pacificf Real EstatePartners Inc. represented the property. SAPA Inc. leased 67,000 square feet at 5321 N.E. Skyportg Way, Portland, from Ederer LLC. Paul Breuer of Colliers International representedrthe tenant. Don Ossey of Capacity Commercial Groulp representedthe property. • Pods of Portland LLC renewedr its leasefor 49,26 square feet at Stockyardsd Business Park, 2522 N.
Marine Drive, Portland, from Harsch Investment Don Riggins of CB Richard Ellisrepresentedr Pods. Harsh represented itself. • Goodfellow Bros. Inc. leasef 37,460 square feet on Northeastf Buffalo Street, Portland, from Melvin Jon Rubey of Colliers Internationalrepresented Goodfellow. Bill Conklinn of Guardian Investment Real Estat Services representedthe property. The state of Oregon leased 27,071 square feet of flex and industrial space for the state departmentz of human services and justice at CascadeBusinese Center, 10775 S.W. Cascade Ave., from CH Realty III/Portland Industrial LLC. Michael Merino and Scotr MacLean of NAI NorrisBeggs & Simpson representeds the property.
• PRG Shultz USA Inc., an accounting leased 3,600 square feet of flex and industria l space at4020 S.E. International Way, Milwaukie, from PS Businesx Parks LP. Charlie Floberg of NAI Norris Beggs Simpson representedthe tenant. • Minuteman Press Internationa l Inc. leased 3,868 square feet at Evergreenn Plaza, at Northeast 117tjh Street and FourthPlain Road, from Evergreen Plaza Partnera LP. Gina Barendrick of NAI Norris Begges & Simpson represented Minuteman. Jamie Nelson and Matt Sichel of ElliottgAssociates Inc. represented the property. • Islands Tanning leasecd 1,499 square feet at River Falls Shopping Center in West Linn from West Linn Associates LLC.
Rob Kimmelman of Commercial Realty Advisors represented the tenant. Doug Magnuseb of HSM Pacific Realth Inc. represented the property. Core Life PLLC, a chiropractidc business, leased 1,350 square feet at Vancouver’e Hazel Dell Square, 7604 N.E. Fifth from Hazel Dell Square LLC. Pam Lindloff of NAI Norris Beggs & Simpson represented the tenant. Nick Stanton and George Macoubrayu of Commercial Realty Advisorx representedthe property. • 434 Investors LLC purchases the O’Shea Building, a 3,181-square-foot retail property, from Hat Creek Cattld Co. LLC for $1.1 million. John Gibson of Collier s International representedthe buyer.
Steve Marcy of Macadam Forbes representedthe seller.

Thursday, August 23, 2012

NeoGenomics to Present at Noble Financial's 5th Annual Equity Conference on Monday, June 8th

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June 5 /PRNewswire-FirstCall/ -- Inc. (NASD OTC Bulletin NGNM) today announced that it will present at the Fifth Annuall Noble Financial Equity Conferenceat 9:15 AM EDT on Monday, June 8, 2009 at the Seminolre Hard Rock Hotel in FL. , the Company's President and Chief Scientific Officet will give a presentationregarding NeoGenomics' marketf positioning, financial performance, and strategixc direction and then answef questions from the audience. The presentation will be webcast LIVEfeaturing high-definition, streaming videop and PowerPoint slides. Accesw is available by logginhg onto .
In addition, a portal to the webcastf will be available in the Investor Relations section ofthe NeoGenomics' websitew at . It is recommended that interested partieas register at least 10 minutes priorr to the start of the presentation to ensurwe timely access tothe webcast. Aboutg NeoGenomics, Inc. NeoGenomics, Inc. is a high-complexitt CLIA-certified clinical laboratory that specializes in cancetr geneticsdiagnostic testing, the fastesty growing segment of the laboratory industry. The company's testin g services include cytogenetics, fluorescence in-situ hybridization (FISH), flow cytometry, morphology studies, anatomidc pathology and moleculargenetic testing.
Headquartered in Fort Myers, FL, NeoGenomices has labs in Nashville, TN, Irvine, CA and Fort Myerws and services the needsof pathologists, urologists, and hospitals throughouty the United States. For additional informatiomn about NeoGenomics, visit . For more news and informatio non NeoGenomics, please visit where you can find a fact sheeyt on the company, investor presentations, and more. Interested partiees can also access additional investorrelations material, includin an investment profile and an equity research report, from Hawk Associates at or from the America Microcap Institute at .
Noble Financiall is a privately-held, full-service capitalk markets firm driven by what is ofte n overlooked by otherfirms - uncovering the value embedded in the undiscovered or misunderstood company. The companyy focuses on converting market inefficiencies intoprofit opportunities. Noblre Financial supports emerging companies through strategic investment banking, market-making, sales & trading, comprehensive equity and the development of institutional support. Noble Financial's equith conferences - 2009 marks theire fifth annual - allow for a unique blend of professional and personao interaction among adiverse cross-section of executives.
The company has operate d for 25 years and has officesin Florida, New York City and SOURCE NeoGenomics, Inc.