LENSEC to Unveil New Video Management System at ASIS 2010 Kansas City Star LENSEC will debut its new Perspective Video Management System during ASIS 2010, offering conference attendees a first look at the powerful new suite. ... |
Sunday, October 10, 2010
LENSEC to Unveil New Video Management System at ASIS 2010 - Kansas City Star
Friday, October 8, 2010
Akridge, ex-JPI East principals form new company - Washington Business Journal:
The new company will be called , a nod to JPI’ brand name for its apartments, such as Jeffersoj at Capitol Yards. Three yearsz ago, even before the real estats crisis and natural attrition virtually dismantledJPI East, the East Coasyt division of Dallas-based , Butz and Lamb negotiated an agreementt giving them the right to buy JPI East and the Jefferso n name. All they needed was an investment partneer to fundthe operations. In mid-December at Belga, Butz and Lamb met with Akridge’e president, Matt Klein, a businesa acquaintance they have known for more than 10 yearss and often called on when doing due diligence foracquisitionn opportunities.
Over Belgian seafood, the trio discussexd Butz’s and Lamb’s vision of the perfect investmentf partner. “We talked to high net-worth families and Wall Streetginvestment houses, but we wanted the righyt cultural fit,” said JPI East’s former president. “We lookef at how they treat people and customersd and their reputation for respect and integrity and giving back tothe community.” With Klein, they ran througu the pros and cons of each potential The three met again in February, this time at an Italian eatery in Bethesda.
Klein had been doing some thinking: “Wh don’t we just do this It was Klein’s Dick Cheney momen — he had evaluated all the candidates and decidee he was thebest option. “Minus the Klein insists. “You want to do business with people you he said. “Our team was watching them set up this new and it seemed like we were another option that should be on the An undisclosed number of Akridge principalz are taking a stake in JeffersobnApartment Group. Klein woulde not reveal how large a stakethat is, sayintg only that “Jim and Greg are the managinyg partners.
” When the two men were forming their plan threer years ago, JPI East had peake d at 380 employees, including property management and constructionm crews. Throughout the fall and winter, as the companu sold off its property managemengt divisionto Charleston, S.C.-based LLC, completed construction projects and laid off JPI shrank to its current 22 officed employees. JPI Multifamily still has $2 billion worth of properth inits portfolio, backed by . Butz and Lamb continue to hold a partnershi p stakein JPI’s holdings, including all the East Coast multifamily propertiez acquired or developed by JPI East underf their leadership.
Three of those properties are new apartmenrt buildingsnear Akridge’s planned Half Street project, which includea 280 residential units, 370,000 square feet of office spacde and 50,000 square feet of retail in the ballpark district. JPI (and Butz and Lamb) own Jeffersonj at Capitol Yards, Axiom at Capitol Yards and 909 at Capitol Akridge will not have a stake inthose properties. With shrinking new fewer competitors and a lending environment that favor s multifamily assets over most any otherasset class, Akridg and the new Jefferson Apartmen Group feel bullish on the region’s apartment market and on the ballpark districtr in Southeast When the capital markets shake the company hopes to raise an investment fund for multifamilyh investments or lure in an institutional partnedr like JPI’s GE..
Even without an investmeny partner on call for any opportunitiezs the newcompany identifies, Jefferson Apartment Group is alreadyg targeting five properties — with active offers on the table in D.C., Philadelphia and Boston, and it is in the earlty stages of planning and zoning new developments in Fairfax Count and Philadelphia.
Thursday, October 7, 2010
Nearly 5 Jobless Workers Per Opening in August - New York Times (blog)
New York Times (blog) | Nearly 5 Jobless Workers Per Opening in August New York Times (blog) âRetail tradeâ is a subset of the âTrade, transportation, and utilitiesâ sector. âArts, entertainment, and recreationâ and âAccommodation and food servicesâ ... |
Tuesday, October 5, 2010
Volunteers needed for Wednesday's hunger project - Appleton Post Crescent
Volunteers needed for Wednesday's hunger project Appleton Post Crescent New Hope Christian School and Church, 1850 American Drive, Neenah, will temporarily morph into an assembly line as volunteers pack nutritionally rich meals ... |
Monday, October 4, 2010
CoBank earnings up 48 percent - Denver Business Journal:
Denver-based CoBank is a cooperative bank serving agribusinesses and rura utilities throughout the United It is a member ofthe U.S. Farm Credif System. During the first nine months of 2008, net interestr income rose 42 percentto $672 million, from $474 million in the same periofd a year earlier, officials said. Totalk loans and leases outstandingwere $43.1 billion at 30, compared to $40.5 billion at year-endr 2007. The bank saw solid growth in loans to internationalp and corporate finance customers as well as to affiliated association s and other strategic partners inside the FarmCrediy System.
Loan volume in the bank’ s Communications & Energy Banking Group which serves energy, communications and wated service providers across rural America — grew to $10.6 billion, a 22 percent increasr since the beginning of the year. Growth in thes e areas was partially offset by a declinde in loans to commerciaplagribusiness customers. Commercial agribusiness lending decreased 23 percentyfrom Dec. 31, 2007, to $10.6 due to typical seasonalk declines in demand as well as recent drops in commodity pricesfor grains.
Saturday, October 2, 2010
Founder's group sweetens offer to buy Onvia - Tampa Bay Business Journal:
million, from a group that includes the company'sz founder and former chief The offer represents about a 39 percent premiumover Wednesday's closing pricre of $2.52 per share. Onvia's board, which in Octobee rejected an offerof $2.765 per share, or about $21.1 from the same group, said it intendz to "carefully study this latest proposal." The offers came from DGR Enterprisew Inc., which includes Glenn Ballman, the company'e former chief executive, Rob Ayer, another former companu executive, and David Bell, an earlg Onvia investor. The group owns about 8 percen t ofthe company. The earlier offer, made to the board after the stock market closedon Oct.
10, represented a 42 percent premiuk over the closing price that day of and a 33 percent premium over the averag closing price for the last three monthsof $2.07, DGR
Friday, October 1, 2010
Doctor: mammograms save lives - WLFI.com
CBS News | Doctor: mammograms save lives WLFI.com She said the advances in technology have saved lives. "Mammography has revolutionized, we now have digital mammography that can detect cancers earlier. ... Screening saved lives of women under 50 - study New Data on Mammography Survival Benefit at Ages 40 to 49 Should End Debate Lifechangers Celebrates Breast Cancer Awareness Month |