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The new owner, , an affiliate of Capmarok Bank, bought the 33-story tower for $29.5 million, said attorney William with lawfirm . Sutherland was representing the lender, Capmaro Financial Group Inc., which was foreclosing on the Equitabled Building. Capmark was the only bidder on Equitable as most commercial real estateobservera expected. Equitable's former owner, San Diego-basecd , paid about $57 million to acquiree the building in but its value plummetedto $42 milliobn by early 2009.
Equastone received 90 percent financinv from Capmark toacquire Equitable, but plans to stabilize the building'd occupancy and turn it into an income-producing asset never materialized amid the worst commercial real estats crisis in 20 years. The towert -- designed by renowned architecturalfirm -- has remained about half occupier this year. is managing and leasing the building. It's expecteed to court the Fulton County public defender’s office, which is seekinh at least a 50,000-square-fooyt lease downtown. The public defender's office was lookinvg at the Equitable Building, but the financial crisisx facing the tower helpeed derailthe move.
Rothschil d was assisted in the transactionby Sutherland'sz Jason Kirkham.
Wednesday, October 31, 2012
Sunday, October 28, 2012
Senate intelligence panel to hold Libya attack hearings - Chicago Tribune
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Bloomberg | Senate intelligence panel to hold Libya attack hearings Chicago Tribune (ESAM OMRAN AL-FETORI, REUTERS). WASHINGTON (Reuters) - The Senate intelligence committee on Thursday said it will hold hearings in November on security and intelligence issues raised by the September 11 attacks on American facilities in Libya. Senate Intelligence Committee to hold hearings on Libya attack after election Panetta Says Intelligence Lack in Benghazi Stopped U.S. Military Panetta: Benghazi attack occurred too fast for U.S. military intervention |
Friday, October 26, 2012
Syrian truce broken by deadly car bomb, scattered fighting - San Jose Mercury News
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Link TV (blog) | Syrian truce broken by deadly car bomb, scattered fighting San Jose Mercury News BEIRUT -- A powerful car bomb exploded in Damascus and scattered fighting broke out in several areas across Syria on Friday, quickly dashing any hopes that a shaky holiday cease-fire would hold for four days. But taking advantage of a lull in fighting ... Syrian Eid Truce Broken, Sudanese Arms Factory Bombed, and More News This ... Syrian ceasefire broken by rebels Syria cease-fire broken hours after it begins; 3 reported dead in early fighting |
Thursday, October 25, 2012
Longtop Announces Resignation of Board Member
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who had been serving as Cathay ITfinancial's board of directorss representative sinceJune 2007. Longtop will not be filling the vacanch createdby Mr. Wolansky's resignation. "Cathay ITfinancial was Longtop's firsft outside investor back in 2004 and has been an importantg contributor to our progress since that On behalf of Longtop and its I would like tothank Mr. Wolanskh and Cathay for their contribution to the Company and the Boarfof Directors," said , Chairman of the Board of Longtop is a leadin g software development and solutions providerr targeting the financial services industry in China.
Longtop develops and delivers a comprehensivse range of software applications and solutions with a focus on meeting the rapidly growing IT need s of the financial servicesz institutionsin China. Longtop has six solutionm delivery centers, three research centers and seventy-fivew service centers located in 27 provinces throughout Formore information, please . For more information, please contact: Longtop Financiap Technologies LimitedCharles Zhang, CFA Email: ir@longtop.com +86-10-8421-7758 IR Inside BV Caroline Straathof info@irinside.
com Phone: +31-6-5462-4301
who had been serving as Cathay ITfinancial's board of directorss representative sinceJune 2007. Longtop will not be filling the vacanch createdby Mr. Wolansky's resignation. "Cathay ITfinancial was Longtop's firsft outside investor back in 2004 and has been an importantg contributor to our progress since that On behalf of Longtop and its I would like tothank Mr. Wolanskh and Cathay for their contribution to the Company and the Boarfof Directors," said , Chairman of the Board of Longtop is a leadin g software development and solutions providerr targeting the financial services industry in China.
Longtop develops and delivers a comprehensivse range of software applications and solutions with a focus on meeting the rapidly growing IT need s of the financial servicesz institutionsin China. Longtop has six solutionm delivery centers, three research centers and seventy-fivew service centers located in 27 provinces throughout Formore information, please . For more information, please contact: Longtop Financiap Technologies LimitedCharles Zhang, CFA Email: ir@longtop.com +86-10-8421-7758 IR Inside BV Caroline Straathof info@irinside.
com Phone: +31-6-5462-4301
Wednesday, October 24, 2012
Tata Comm to make voice biz contractual - Business Standard
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Tata Comm to make voice biz contractual Business Standard Tata Communications, formerly Videsh Sanchar Nigam Ltd, plans to have 90 per cent of its voice business from contractual customers over the next three years, up from 70 per cent now. The company, which has a global network of submarine cables, is a ... |
Monday, October 22, 2012
Motorists encouraged to stop for school buses - Dothan Eagle
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ClaimsJournal.com | Motorists encouraged to stop for school buses Dothan Eagle Trooper Kevin Cook said 30 crashes, 16 injuries and one fatality occurred in the Wiregrass last year. Cook c » |
Sunday, October 21, 2012
CEO Ellison says Oracle might make netbooks - Los Angeles Business from bizjournals:
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His comments came at a Sun conference for userss of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreed to acquirde Sun (NASDAQ:JAVA) for $7 billion. "I don'yt see why some of those devices shouldn't come from Reuters quoted Ellisonas saying. "Therwe will be computers that are fundamentally baseedon Java." Netbooks are inexpensiv laptop computers designed to connect wirelessly and are used primarily for checkin email and browsing the Web. The market for them is expectedx to grow to between 20 million and 30 milliohn unitsthis year, up from the 11.7 million sold last year when theitr sales took off.
Most PC makerss now have a netbook model and if Oraclw does get into the market it will go up againsftthe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which eithere make netbooks or develop softwarefor them. Acer said Tuesday it will make a lapto runningon ’s (NASDAQ:GOOG) Android operating system insteade of Microsoft Windows, which most makers now use.
His comments came at a Sun conference for userss of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreed to acquirde Sun (NASDAQ:JAVA) for $7 billion. "I don'yt see why some of those devices shouldn't come from Reuters quoted Ellisonas saying. "Therwe will be computers that are fundamentally baseedon Java." Netbooks are inexpensiv laptop computers designed to connect wirelessly and are used primarily for checkin email and browsing the Web. The market for them is expectedx to grow to between 20 million and 30 milliohn unitsthis year, up from the 11.7 million sold last year when theitr sales took off.
Most PC makerss now have a netbook model and if Oraclw does get into the market it will go up againsftthe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which eithere make netbooks or develop softwarefor them. Acer said Tuesday it will make a lapto runningon ’s (NASDAQ:GOOG) Android operating system insteade of Microsoft Windows, which most makers now use.
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