buunamula-fastest.blogspot.com
After essentially holding steady in late 2008 andearl 2009, effective rents dropped 1.7 percent during the second quartetr of this year. Mid-2009 rents also were 1.7 percent beloa their June 2008 levels. The average apartment rent acroswsthe Dallas-Fort Worth area in June was $753 per the MPF research shows. Job losses in North Texaes have hampered demand at the same time as new suppl is hitting the saidGreg Willett, MPF Research’ vice president of research. "Rent reductions have seemeed inevitable, and now they’re Willett said.
The declining occupancy and rent ratesx show the Texas apartment industry is feeling the effectsz of the national saidWill Balthrope, vice president of investmentws for the Balthrope Group of s. "Across the in this country, we are seeing erosiob of top-line income and net-operating income due to the recession and most specifically due to job said Balthrope, who specializes in the multifamily "Even though Texas was the last state to be affected, our apartment market is tied to the job That being said, we expect to see continued erosion in rent levels due to increasinhg vacancies over the next 12 to 18 In North Texas, the biggest rent cuts came in urban core, the MPF research Effective rents fell more than 8 perceng between mid-2008 and mid-2009 in the Downtown/Uptowbn and Oak Lawn submarkets.
The occupancy rate for Dallas-Fort Wort area apartments was 90% as of Occupancy dropped half of a percentagew point during the second making the decline a full 3 percent for the year endinvgin June. The region had 840 net move-outs duringy the second quarter, which normally is a seasonallh strongleasing period. For the year ending June 30, the regioh had 6,910 net move-outs. The move-outds come at a time when 12,633 units of new supplyy have been added for the year endingJune 30. New apartmentr starts in North Texas almostg completely disappeared duringrecent months, but propertie begun earlier and still in process total 21,331 units, Willet t said.
After the apartments now under constructioare delivered, it will probably be thres years before more units are started in the Dallas-Fortt Worth area, said Brianb O’Boyle, managing broker of the office in Dallas. "When you shut the supplgy off, you'll see occupancies gradually improve and concessions staryto decrease," he said. Investor interesyt in the Dallas-Fort Worth apartment which has been dormant for thepast year, is beginninv to return, O'Boyle said. He said the D-FW apartment market will bouncr back more quicklythan most.
MPF Researcjh predicts that apartment demand in North Texaa will rebound into slightly positive territorhy during thenext year, but "there’ no way that absorption can come anywhere close to the aggressiver completion volume that lies ahead," Willett said. That meanz occupancy will decline further and rent cutswill continue. he MPF Research is forecasting rent declines near the 4 percengt mark for the year endingJune 30, 2010. “Neighborhoods with lots of new supplu still on the way are headed for real Willett said.
“It wouldn’t be surprising to see double-digi t rent drops in areas that include the urban coreof Dallas, northern suburbs like Frisclo and McKinney, and the Fossil Creek area of Tarrantg County.”
Saturday, February 26, 2011
Thursday, February 24, 2011
Why Washington Never Understood Egypt's Revolution - CounterPunch
http://emanuelchurch.org/emc_history.html
New York Times (blog) | Why Washington Never Understood Egypt's Revolution CounterPunch Barack Obama praised the Egyptian revolution with his usual eloquence. "Egyptians have made it clear that nothing less than genuine democracy will carry the day," he said. "It was the moral force of nonviolence -- not terrorism, ... Who is behind the changes in Egypt? |
Monday, February 21, 2011
Teacher discount program launched in Silicon Valley - Silicon Valley / San Jose Business Journal:
concrete roofs
Launched in conjunction with National TeachereAppreciation Week, the program is part of Joint Venture’s Alliancre for Teaching that focuses on strengtheningh teacher recruitment, professional development and nationalp teacher certification for Silicon Valley Under the program, teachers presenting valid identification to any of some 150 participatin businesses may take advantage of savings on everything from officer supplies, books, electronics and gifts to healty and beauty products, food and dining, professionap services, toys, pet care and automotivr needs.
“No one is more important to Silico Valley’s growth, success and quality of life than our said Joint Venture CEORussell “As a community we must celebrate our teachers and thank them enthusiastically and oftenj for their work and contributions to regionao education.” There are about 20,000 teachers and 350,00p students in 500 schools across 55 school districts in Sant Clara and San Mateo Counties. For more informatiom see the www.hatsofftoteachers.org Web site.
Launched in conjunction with National TeachereAppreciation Week, the program is part of Joint Venture’s Alliancre for Teaching that focuses on strengtheningh teacher recruitment, professional development and nationalp teacher certification for Silicon Valley Under the program, teachers presenting valid identification to any of some 150 participatin businesses may take advantage of savings on everything from officer supplies, books, electronics and gifts to healty and beauty products, food and dining, professionap services, toys, pet care and automotivr needs.
“No one is more important to Silico Valley’s growth, success and quality of life than our said Joint Venture CEORussell “As a community we must celebrate our teachers and thank them enthusiastically and oftenj for their work and contributions to regionao education.” There are about 20,000 teachers and 350,00p students in 500 schools across 55 school districts in Sant Clara and San Mateo Counties. For more informatiom see the www.hatsofftoteachers.org Web site.
Saturday, February 19, 2011
Japan Dec Tertiary Index -0.8% M/M On Slower Home Electronics - IMarketnews.com
rubber roof
Japan Dec Tertiary Index -0.8% M/M On Slower Home Electronics IMarketnews.com TOKYO (MNI) - Japan's tertiary industry index, which measures spending in the services sector, fell 0.8% in December from the previous month, posting the first m/m f » |
Wednesday, February 16, 2011
Footwork, bhava creates synergy - The Hindu
http://www.amazines.com/view_author.cfm?authorid=359400
The Hindu | Footwork, bhava creates synergy The Hindu The array of lyrics in the programme and the interpretations, identified Lakshmi's synergy in dance to be a sequence of charming moves that included muted punctuations of footwork with detailed flow of bhava. Lakshmi laid the ground for in-depth ... |
Monday, February 14, 2011
Global retail provides investment opportunities - Silicon Valley / San Jose Business Journal:
http://v-and-j.com/about.html
For the fourth time in five years, that country is considere the most attractive forretail investment, accordingy to ’s annual Global Retail Development Index, which looks at retailk investment attractiveness in 30 emerging "With economic conditions in developed marketzs improving so slowly, emerging markets are becoming much more importanty sources of growth for global retailers," said Hana A.T.
Kearney partner and co-leader of the study, in a news Russia, China, the United Arab Emirates, Saudi Arabia, Chile, Brazil, Slovenia and Malaysia roundr outthe index’s 2009 top 10 As home prices decline and consumers keep tightr hold of their purse strings in the global expansion is becoming more importanty as a strategy for growth, accordiny to the global management consulting firm. Low inflationm and rent reductions of up to 40 percenttin tier-2 and tier-3 cities also help make Indiaa the most attractive retail investmentt destination, the report Meantime, retails sales in Russia are projected to grow 15 percenyt a year over the next five while in China a $585 billion stimuluse package and efforts to boost economic consumptiob are showing early signsd of success, as retai l sales have grown in early 2009, the reporft noted.
For the fourth time in five years, that country is considere the most attractive forretail investment, accordingy to ’s annual Global Retail Development Index, which looks at retailk investment attractiveness in 30 emerging "With economic conditions in developed marketzs improving so slowly, emerging markets are becoming much more importanty sources of growth for global retailers," said Hana A.T.
Kearney partner and co-leader of the study, in a news Russia, China, the United Arab Emirates, Saudi Arabia, Chile, Brazil, Slovenia and Malaysia roundr outthe index’s 2009 top 10 As home prices decline and consumers keep tightr hold of their purse strings in the global expansion is becoming more importanty as a strategy for growth, accordiny to the global management consulting firm. Low inflationm and rent reductions of up to 40 percenttin tier-2 and tier-3 cities also help make Indiaa the most attractive retail investmentt destination, the report Meantime, retails sales in Russia are projected to grow 15 percenyt a year over the next five while in China a $585 billion stimuluse package and efforts to boost economic consumptiob are showing early signsd of success, as retai l sales have grown in early 2009, the reporft noted.
Friday, February 11, 2011
Recalibrating the machine: Investment banks refocus - Tampa Bay Business Journal:
http://accenthomestaging.biz/whyhireahs.htm
Many are shifting their focus to private placements of financingsand M&A activity, while otherse are looking for more recurring revenue for their services. The IPO market is “It’s not as if we’re experiencingf a slowdown. It’s more like someone came in and hit the switchnto off,” said Michael Moe, CEO of “In our first seven years, we were goingh full throttle,” Moe said. “But in the last 15 to 18 there’s been more hunkering down so that we can be sure whenthe storm’d over we’ll be able to resume our ThinkPanmure, formerly known as ThinkEquity before last year’es merger with British investment bank .
, shed 10 perceng of its staff last spring. “Wde still believe the greatestr growth is in frontof us. I’m as optimistifc as I’ve ever been for a firm like ours,” Moe demonstrating the tenacity needed to steetr an investment bankthrough today’s treacherou waters. Signs of pessimisj abound. , for instance, recently surveyed venturer capitalists and foundmost — 40 percent don’t expect to see a steadyt stream of IPOs until 2010.
A quartee aren’t holding out hope till while 12 percent say that IPO activity will nevetr again reach historic average annual Optimists point to those same figures and see signalds of apotential “It’s hard to say what Octobedr is going to look like, much less Moe quipped. said earlier this year that it shed 22 percentg ofits workforce, bringing total employment to about 600 people. And the seconed quarter provided little causefor hope. “The difficult economix environment continued to challenge our andwe don’t anticipate significant improvemeng in market conditions in the near Chairman and CEO Thomas Weisel said in announcing seconx quarter results.
He did note that revenuer growth in its banking operations doubled betweeb the first andsecond quarter, with the recenr acquisition of contributing almostr a third of total banking revenue. Some top bankerxs question whether taking companiea public will ever again serve as the foundationb oftheir business. In that camp is Benjamin Howe, CEO of America’sx Growth Capital, a Boston emerging growthn investment bank with an office in theBay “The market has changed dramatically,” Howe He points to the higher threshole that’s required of a company going public in the wake of the Sarbanes-Oxlety Act, which means many of Wall Street’s top-tiet firms are eager to be the lead manager of thesw larger companies making public debuts.
Howe says his firm has avoidee layoffs by maintaining a lean now employing about 40 professionals and hiringvery selectively. also shed staft this year. “We essentially looked at the businesses we’re in and assessed who woul d wehire today,” said Jon The firm cut about 35 positions, bringing totakl employment at MCF to about 150. The firm expects paringh its workforce willsave $7 million on an annualized basisa — a significant amount of money theser days. MCF’s net loss for the second quartetwas $5.1 million, comparexd with profit of $2.3 million a year ago.
“There’ds been a level of wealth destruction in the financial sector like we saw withthe dot-coms,” Merriman “Not adjusting to current circumstancew will kill you.”
Many are shifting their focus to private placements of financingsand M&A activity, while otherse are looking for more recurring revenue for their services. The IPO market is “It’s not as if we’re experiencingf a slowdown. It’s more like someone came in and hit the switchnto off,” said Michael Moe, CEO of “In our first seven years, we were goingh full throttle,” Moe said. “But in the last 15 to 18 there’s been more hunkering down so that we can be sure whenthe storm’d over we’ll be able to resume our ThinkPanmure, formerly known as ThinkEquity before last year’es merger with British investment bank .
, shed 10 perceng of its staff last spring. “Wde still believe the greatestr growth is in frontof us. I’m as optimistifc as I’ve ever been for a firm like ours,” Moe demonstrating the tenacity needed to steetr an investment bankthrough today’s treacherou waters. Signs of pessimisj abound. , for instance, recently surveyed venturer capitalists and foundmost — 40 percent don’t expect to see a steadyt stream of IPOs until 2010.
A quartee aren’t holding out hope till while 12 percent say that IPO activity will nevetr again reach historic average annual Optimists point to those same figures and see signalds of apotential “It’s hard to say what Octobedr is going to look like, much less Moe quipped. said earlier this year that it shed 22 percentg ofits workforce, bringing total employment to about 600 people. And the seconed quarter provided little causefor hope. “The difficult economix environment continued to challenge our andwe don’t anticipate significant improvemeng in market conditions in the near Chairman and CEO Thomas Weisel said in announcing seconx quarter results.
He did note that revenuer growth in its banking operations doubled betweeb the first andsecond quarter, with the recenr acquisition of contributing almostr a third of total banking revenue. Some top bankerxs question whether taking companiea public will ever again serve as the foundationb oftheir business. In that camp is Benjamin Howe, CEO of America’sx Growth Capital, a Boston emerging growthn investment bank with an office in theBay “The market has changed dramatically,” Howe He points to the higher threshole that’s required of a company going public in the wake of the Sarbanes-Oxlety Act, which means many of Wall Street’s top-tiet firms are eager to be the lead manager of thesw larger companies making public debuts.
Howe says his firm has avoidee layoffs by maintaining a lean now employing about 40 professionals and hiringvery selectively. also shed staft this year. “We essentially looked at the businesses we’re in and assessed who woul d wehire today,” said Jon The firm cut about 35 positions, bringing totakl employment at MCF to about 150. The firm expects paringh its workforce willsave $7 million on an annualized basisa — a significant amount of money theser days. MCF’s net loss for the second quartetwas $5.1 million, comparexd with profit of $2.3 million a year ago.
“There’ds been a level of wealth destruction in the financial sector like we saw withthe dot-coms,” Merriman “Not adjusting to current circumstancew will kill you.”
Wednesday, February 9, 2011
Treasury lets 10 banks repay $68 billion - Kansas City Business Journal:
takes-trendsthe.blogspot.com
Minneapolis-based (NYSE: USB), parent of , said Tuesdagy that the Treasury approved its repayment ofall $6.6 billion in Troublefd Asset Relief Funds it had U.S. Bank ranks No. 4 on the Kansas City Business Journal ’s list of area banks, ranked by area market shard of deposits as ofJune 30, with 5.02 U.S. Bank also will repurchas e the 10-year warrant that had entitled the Treasury to buy shares of itscommon stock. The Treasury Departmenf also approved nine other repayment of theirTARP funds, accordingt to various media reports, but the agency didn’gt make public the list of banks.
The agency said the bankws had met the requirements for repayment establishexd by federalbanking supervisors. It noted that many bankx recently have raised equity capitapl from private investors and haveissued long-terj debt that is not guaranteed by the “These repayments are an encouraging sign of financiak repair, but we still have work to do,” Treasur y Secretary Tim Geithner said. More than 600 banks receiverd a total ofnearly $200 billionm through the department’s Capital Purchase Program. About $2 billionh of this money was paid back Throughthe program, banks that repay their preferred stocm can repurchase the warrants that the Treasury Department holds.
Besides the proceeds from the sales of the the department also hasreceived $4.5 billiomn in dividend payments from program Proceeds from the repayments go to the Treasury Department’xs general fund. They can be used to reduce the nationap debt and can serve as a cushion in case the department needsd to respond to financial emergencies inthe future, the department said.
Minneapolis-based (NYSE: USB), parent of , said Tuesdagy that the Treasury approved its repayment ofall $6.6 billion in Troublefd Asset Relief Funds it had U.S. Bank ranks No. 4 on the Kansas City Business Journal ’s list of area banks, ranked by area market shard of deposits as ofJune 30, with 5.02 U.S. Bank also will repurchas e the 10-year warrant that had entitled the Treasury to buy shares of itscommon stock. The Treasury Departmenf also approved nine other repayment of theirTARP funds, accordingt to various media reports, but the agency didn’gt make public the list of banks.
The agency said the bankws had met the requirements for repayment establishexd by federalbanking supervisors. It noted that many bankx recently have raised equity capitapl from private investors and haveissued long-terj debt that is not guaranteed by the “These repayments are an encouraging sign of financiak repair, but we still have work to do,” Treasur y Secretary Tim Geithner said. More than 600 banks receiverd a total ofnearly $200 billionm through the department’s Capital Purchase Program. About $2 billionh of this money was paid back Throughthe program, banks that repay their preferred stocm can repurchase the warrants that the Treasury Department holds.
Besides the proceeds from the sales of the the department also hasreceived $4.5 billiomn in dividend payments from program Proceeds from the repayments go to the Treasury Department’xs general fund. They can be used to reduce the nationap debt and can serve as a cushion in case the department needsd to respond to financial emergencies inthe future, the department said.
Sunday, February 6, 2011
Tortoise North American Energy names Thummel as president - Kansas City Business Journal:
consistency-portable.blogspot.com
The Leawood-based company (NYSE: TYN) said in a release Tuesdayu that Thummel joined LLC in 2004 as aninvestmenrt analyst. He was director of finance for , a subsidiary of Kansas City-based GXP), from 1998 to 2004, and a seniorr auditor for from 1995to 1998. David Schulte, formerlyt president and CEO, remains as CEO. Pam investor relations spokeswoman for TortoiseCapital Advisors, said in an intervieqw that the decision to separate the presiden and CEO roles is “an evolutionn for us of where we’re heading with our funds.
” “Bringing Rob in will give Dave an opportunit y to focus on issues, opportunitieds and trends,” she Tortoise North American Energy invests in a portfoli of royalty trusts and master limitecd partnerships in the North America n energy markets. • (NYSE: TYG), which investz in midstream U.S. energyy infrastructure. • (NYSE: TYY), which is similar to TYG but focuses more on masterlimitesd partnerships. • (NYSE: TTO), which investd in all areas of U.S. energy infrastructure, focusinf on private, micro-cap and public companies. , a private fund, whicuh invests in privately held and publicly tradexd upstream and midstream masterlimitesd partnerships.
• , a private fund, which is bein g adapted to fit the needws of institutional investors interested in mastedr limited partnerships related toenergy infrastructure. As of July 31, Tortoisee Capital Advisors had about $2.6 billion in assets under management.
The Leawood-based company (NYSE: TYN) said in a release Tuesdayu that Thummel joined LLC in 2004 as aninvestmenrt analyst. He was director of finance for , a subsidiary of Kansas City-based GXP), from 1998 to 2004, and a seniorr auditor for from 1995to 1998. David Schulte, formerlyt president and CEO, remains as CEO. Pam investor relations spokeswoman for TortoiseCapital Advisors, said in an intervieqw that the decision to separate the presiden and CEO roles is “an evolutionn for us of where we’re heading with our funds.
” “Bringing Rob in will give Dave an opportunit y to focus on issues, opportunitieds and trends,” she Tortoise North American Energy invests in a portfoli of royalty trusts and master limitecd partnerships in the North America n energy markets. • (NYSE: TYG), which investz in midstream U.S. energyy infrastructure. • (NYSE: TYY), which is similar to TYG but focuses more on masterlimitesd partnerships. • (NYSE: TTO), which investd in all areas of U.S. energy infrastructure, focusinf on private, micro-cap and public companies. , a private fund, whicuh invests in privately held and publicly tradexd upstream and midstream masterlimitesd partnerships.
• , a private fund, which is bein g adapted to fit the needws of institutional investors interested in mastedr limited partnerships related toenergy infrastructure. As of July 31, Tortoisee Capital Advisors had about $2.6 billion in assets under management.
Friday, February 4, 2011
Politics of persistence: Entertainment in Tahrir Square - Al-Masry Al-Youm
zlatkopaisley1275.blogspot.com
Politics of persistence: Entertainment in Tahrir Square Al-Masry Al-Youm Between protesters roaming around shouting sarcastic anti-government slogans into handheld microphones, others attracting the crowd with original poetry, ... |
Tuesday, February 1, 2011
Police experts question St. Petersburg mayor's decision to raze Lacy house - Tampabay.com
http://curedfoundation.org/genesitearticle.html
Tampabay.com | Police experts question St. Petersburg mayor's decision to raze Lacy house Tampabay.com PETERSBURG รข€" As the Pinellas-Pasco State Attorney's Office conducts an investigation into the shootout that killed two St. Petersburg police officers last ... |
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