Franctionals: A fraction of a home for a fraction of the price
A development on Little Sebago Lake is offering waterfront property at a fraction of the usual price in a shared ownership arrangement that is now making its way from the tony ski resorts of the Rocky Mountains to Maine’s lakes and ponds.
Sunset Cove, located in Brown Cove on the eastern shore of Little Sebago in [...]
Data Centers: Could the Cloud Derail A $300M Data Center?
The state of Washington’s decision to build a $300 million data center in Olympia is being challenged by legislators who say the state could save taxpayers money by using cloud computing services.
On Monday the State Finance Committee approved the sale of $300 million in bonds to fund the construction of a new data center and [...]
Airports: Fuel sales down, but private air activity remains strong at Yeager
While fuel sales at Yeager Airport’s general aviation area are down substantially from last year’s levels, private aircraft activity remains strong – especially compared with other areas of the nation harder hit by plant closings and slumping sales.
“We’re doing well,” Scott Miller, owner of Executive Air, the private aircraft concession at the Charleston airport, said [...]
Data Centers: A Diamond in the Rough
By Dave Jacobs, Llenrock Group
Oh the irony of it all. Consumer spending is way down, and so the retail sector has been hit hard. Unemployment is at 9.5% and climbing by the day on its way to 10%, and so the office sector is hurting. People are traveling less, and have less discretionary [...]
Read more →Data Centers: Equinix Earnings: Bullish for the Sector
Yesterday’s conference call by Equinix (EQIX) provides some of the best evidence yet of the incumbent advantage we predicted in early 2008. As the credit crunch has limited new construction, supply has grown tight in key markets, providing a huge opportunity for companies like Equinix with the financial resources to build new data centers. The [...]
Read more →Student Housing: Local developer greens student housing
Spartan Crossing, one of the multiple apartment complexes popping up around UNCG, does not have the typical amenities of some of its student housing competitors: swimming pools, fitness centers and game rooms.
Instead, the new development boasts ENERGY STAR appliances, extended on-site recycling services and a community garden. Greensboro-based Emerson Partners is an example of businesses [...]
Transit: Baldwin Park enters negotiations with new developer for downtown project
BALDWIN PARK – Eight months after a gigantic revitalization project fell through the cracks, city officials are hoping a new developer can salvage their dreams for a downtown urban village.
The city is in preliminary negotiations with Seal Beach-based The Olson Co. for a 13- to 14-acre project around the site of the old Albertsons grocery [...]
Senior Housing: Rare Auction Planned For Sale Of Assisted Living Facility
Investing $14.5 million to build a 72-unit assisted living facility in Haddam, at the peak of the nation’s real estate market in 2008, must have been tough.
But not as tough for its owner and lenders as watching the 90,000-square-foot property on more than 12 tree-lined acres lumber under an 89-percent vacancy rate with only a [...]
Student Housing: Residential Life continues to offer ‘extended campus’ housing
COLUMBIA — An increase in student housing demand has prompted MU’s Residential Life to continue to lease housing from Campus View and Campus Lodge apartments, said Frankie Minor, director of Residential Life.
The university will lease nearly 400 beds from Campus View, also called Tiger Diggs, and 200 beds from Campus Lodge, also known as Mizzou [...]
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