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Portland, OR (PRWEB) May 04, 2012
Provenance Hotels of Portland and Woodbine Development Corporation of Dallas today announced their joint acquisition of The Governor Hotel in Portland from The Royal Bank of Scotland for an undisclosed purchase price. Provenance, an expert in the regions boutique hotel market, will become operator of the hotel, effective immediately. Woodbine will serve as developer and asset manager for the partnership, which plans to update/renovate the hotel and transition it into the Provenance Hotels collection. Acquisition financing is being provided by Morgan Stanley Mortgage Capital Holdings, LLC. Hunt Realty Investments, Inc., Woodbines financial partner, also is participating in the capitalization of the project.
The landmark, 100-room hotel between 10th and 11th avenue in downtown Portland features almost 23,000 square feet of function space, including a 10,000-square-foot grand ballroom, and the popular Jakes Grill. A true Pacific Northwest architectural treasure, The Governor is listed on the National Register of Historic Places and features elegant historic aesthetics, spacious guest rooms and dramatic penthouse suites with open-air rooftop terraces.
The purchase of The Governor is the first joint endeavor for Provenance and Woodbine, the seventh property under Provenance management and the 12th hotel in Woodbines development/asset management project portfolio. Both companies bring extensive experience in historic renovations to The Governor repositioning project.
We are thrilled to partner with Woodbine to acquire this landmark property and delighted to continue to expand Provenances presence in our hometown, said Bashar Wali, President of Provenance. We see fantastic opportunities in both this asset and the overall Portland market and look forward to charting an exciting new path for The Governor.
CBREs Chris Burdett and Matthew Behrens marketed the hotel for The Royal Bank of Scotland, and Woodbine was selected from multiple buyers in late 2011 to begin negotiations. The acquisition effort was led by Gordon Sondland, chairman and CEO of Provenance, and Dupree Scovell, who recently launched Woodbines West Coast investment/acquisition platform in Los Angeles.
Provenances local market knowledge and expertise in boutique hotel renovations, combined with Woodbines nearly 40-year history of hospitality development and investment, have come together to create a dynamic team that can take this magnificent historic property to new levels, Scovell said.
Sondland added: As a Portland-grown company and long-time investor in the local community, we are delighted to collaborate with the highly skilled hospitality team at Woodbine, and together we will provide exemplary stewardship of The Governor.
Provenance and Woodbine are assembling the repositioning/renovation team and will announce a project schedule at a later date.
About the Partners
Provenance
Founded in 1985 and headquartered in Portland, OR, Provenance specializes in financing, developing and operating independent and nationally affiliated brand hotels. The companys portfolio includes six owned/operated properties and numerous managed assets, totaling over 2,200 rooms. Provenance can be found online at http://www.provenancehospitality.com.
Provenance Hotels
Since 2001, Provenance Hotels has specialized in the acquisition, redevelopment and management of award-winning urban boutique hotels with industry-leading amenities and a distinct, deeply integrated art story. Provenance Hotels can be found online at http://www.provenancehotels.com
Woodbine and Hunt Realty
Woodbine Development Corporation is a 39-year-old full-service real estate company focused on development, investment/acquisition and asset management opportunities across the United States. The company specializes in hotels, resorts and golf courses; multiuse land and mixed-use developments; and real estate services provided to corporations, non-profit organizations and individuals. Woodbine has been involved with more than $ 2 billion in commercial real estate projects, including development, ownership and/or asset management of more than 6,000 hotel rooms, 18,000 acres of land and 126 holes of championship golf. To learn more, visit http://www.woodbinedevelopment.com.
Phoenix-based Woodbine Southwest Corporation, a wholly-owned subsidiary of Woodbine Development, is best known for development, management and marketing of the 730-acre Kierland community, including The Westin Kierland Resort & Spa and widely acclaimed Kierland Commons, a 38-acre, mixed-use project with 700,000 square feet of retail, residential, restaurants/entertainment and office uses.
Woodbines financial/investment partner is Hunt Realty Investments, Inc. (HRI). Hunt Realty serves as the centralized real estate investment management resource for Hunt Consolidated, Inc., which is part of the Hunt family of companies directed by Ray L. Hunt. For more information, visit http://www.huntrealtyinvestments.com
Las Vegas, NV (PRWEB) May 05, 2012
Online shopping leader MyReviewsNow.net is promoting the latest massage chairs from its affiliate partner Panasonic, a global leader in technology-advanced lifestyle solutions for individuals, health practitioners, businesses.
Panasonics new 2012 collection of massage chairs features the famous 3DMassage Chair, the Full Body Massage Chair, the Real Pro Ultra Collection of Massage Chairs, and more. All of Panasonics top quality massage chairs are backed by a full parts and labor warranty, and online shoppers can take advantage of payments and no interest for six months. In addition, many of the massage chairs in the new collection are available in trendy and stylish colors, including avocado, latte, classic black and more.
Plus, online shoppers who act quickly and purchase Panasonics famous Chinese Spinal Technique Massage Chair between April 29 and May 13, 2012 will save $ 350 off the regular price, and enjoy free shipping.
MyReviewsNow.net is very excited to feature our valued affiliate partner Panasonics fantastic new collection of massage chairs, commented Todd Maxwell of MyReviewsNow.net. These massage chairs are truly out of this world! Its like having your own personal massage therapist 24/7/365. Theyre also great gift ideas, especially for aging parents and relatives who suffer with tired, achy bodies. And because the massage chairs are from Panasonic, online shoppers know that theyre getting top quality. Its a brand they can proudly display in their home or office.
Individuals, businesses, health practitioners or folks searching for great gift ideas can browse Panasonics new 2012 collection of massage chairs by visiting the Gifts for Occasions Portal at MyReviewsNow.net. Visitors to the virtual mall can also read and leave reviews to help other online shoppers make wise choices.
For more information or media inquiries, contact Lina Andrade at info@myreviewsnow.net. Press release issued by SEOChampion.com. About MyReviewsNow.net
A virtual mall of services, products and publications available online, MyReviewsNow.net is a business directory that sets itself apart from similar sites by offering both professional reviews and customer testimonials on the Internets hottest offerings in a fun, simple format that is easy for visitors to shop enjoy.
About SEO Champion
SEO Champion was started in 1999 and is owner operated by Michael Rotkin, SEO Specialist for over 17 years. Michael Rotkins goal for his clients is to own keyword placements for the top 3 slots organically, so that his clients can earn a higher return on investment from their advertising dollars. Rotkin realizes the value of SEO over Pay-Per-Click campaigns, where click-throughs are generally more expensive and harder to convert into sales. SEOChampions intense work ethic can be seen in daily and weekly reports that show progress through organic keyword gain. This effort is the reason his SEO firm has been able to build a loyal client base for many years. Learn more at http://seochampion.com/.
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San Francisco, CA (PRWEB) May 01, 2012
Troubling signs are appearing about China’s weakening economy and rising political turbulence.
Seven Troubling China Trends is a special 45-page investment report that ties all of these fragments together in a compelling story backed by hard facts, expert opinion and on-the-ground research.
This special report goes well beyond the “soft landing” – “hard landing” debate and includes twelve monthly China Skeptic Advisor updates so you can monitor how these seven trends unfold.
Based on confidential sources plus 26 years of experience following Asian economic and political trends, Carl Delfeld explains how these trends point to what could become the most significant crisis of our time.
In short, while the timing is uncertain, these seven trends point to the growing probability of a “worst case scenario,” making this a “must read” by investment professionals investing in China or Asian region.
Here is just a taste of what you will discover in this report:
Why offshore markets for blue chip Chinese corporate bonds are now demanding a huge premium in yields.
Growing signs of the enormous and growing frustration by the Chinese people against the political/business elite.
Why hopes of a consumer boom in China are fading fast.
A step-by-step worst-case scenario for China.
The inside scoop on the political turmoil within the leadership of the Chinese Communist Party and why reformers are too few and too late.
Why China’s primitive and complicated financial system and state-owned banks are leaking oil.
How the calculus between western multinationals and China’s government that has fueled China’s growth has changed dramatically.
Why the Bo Xilai drama is just the tip of an iceberg.
Why Mexico, rather than China, is increasingly seen as the lowest cost manufacturing platform for companies selling into North and South America.
More information is available at http://www.ChinaSkeptic.com
Please note that you will receive with this special report 12 monthly China Skeptic Advisor updates on how these seven trends unfold.
About the Editor of Seven Troubling China Trends
Carl Delfeld is a Forbes Asia columnist and managing director of Chartwell Partners. He was a corporate banker covering Asia with First Boston, executive director of Asia-Pacific as vice president with Robert W. Baird & Company and picked stocks for Julian Robertson’s hedge fund, Tiger Management. He was also an advisor on Asia and emerging markets with the U.S. Senate Finance Committee and U.S. Treasury.
Carl was next appointed by U.S. Treasury Secretary Nicholas Brady to the Board of Directors of the Asian Development Bank in Manila, Philippines. He was then appointed to the U.S. National Committee on Pacific Economic Cooperation and is the founder of Pacific Rim Confidential.
Carl earned a Masters degree in economic diplomacy and Asian diplomatic history from The Fletcher School of Law & Diplomacy after a degree from the University of Wisconsin in economics and oriental studies with study at Sophia University in Tokyo, Japan where he served as a stringer for The Economist.
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Manchester, NH (PRWEB) March 07, 2012
The customer will be the guest of honor at Flooring America and Flooring Canadas first-ever Designer Days events, set to take place at Flooring America and Flooring Canada stores across both countries throughout the month of March. The international co-op is holding the Designer Days events to demonstrate their appreciation of their customers, as well as their commitment to a pleasant customer experience.
The special events come as part of Flooring America and Flooring Canadas nationwide Discount Days promotion, which features Tigress? carpet at up to 50 percent off, as well as special educational and social events taking place in local showrooms across the country.
As the name suggests, design experts will be on hand at each of the events to offer design tips and advice, and while the events vary by showroom, the majority will feature flooring specialists, product demonstrations, floor care and cleaning advice and refreshments. The events offer much more than the typical shopping experience, making them an excellent opportunity for potential customers to learn more about the decision-making process, or simply a fun, informative Ladies Day Out.
In addition to the Designer Days festivities and discounts on Tigress? carpet, customers will also enjoy special financing on carpet, hardwood, laminate, tile, vinyl, and luxury vinyl tile flooring purchases. Potential guests should contact their local Flooring America or Flooring Canada store for additional information.
To learn more, visit http://www.flooringamerica.com or http://www.flooringcanada.ca.
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Dallas, TX (PRWEB) March 02, 2012
Allegiance Capital Corporation, one of the largest private investment banks serving the lower middle market announced that Mark Dyer has joined its New York City office to serve as a Managing Director.
Allegiance Capital Corporation is extremely pleased to have Mr. Mark Dyer, an expert in the transportation industry, join the firm, said David J. Mahmood, Founder and Chairman of Allegiance Capital. His background and expertise in the trucking industry will allow Allegiance Capital to work with business owners in a more effective and efficient manner. Mr. Dyer, through his understanding of the industry, its operations, its requirements and needs will help Allegiance Capital as a private investment banking firm provide its services of financing, mergers and acquisitions and other capabilities.
Before joining Allegiance Capital Corporation, Mark led the M & A, strategic partnership and national account initiatives with Dynamex Inc., a North American transportation company based in Dallas. Prior to that, Mark was with the travel division of American Express, leading the acquisition and strategic partnership initiatives in North America and Western Europe, and was a Presidents Club award winner. Mark has also closed a number of M & A transactions for the MyTravel Group, based out of the U.K. and owned and sold a successful chain of retail wine locations that still flourishes today.
The decision to join Allegiance Capital Corporation was based on the way they treat their clients with honesty, integrity and respect, Mark said. Allegiance Capital understands the challenges involved in selling a business, as many of their investment banking professionals started, owned and sold a business or businesses themselves. This provides Allegiance Capital unique insight into developing a proven process model, plus the expertise and empathy to deliver successful results. The firm has built a solid reputation for creating exceptional value for their clients in the middle market sector, and I am very pleased to be part of the Allegiance Capital team.
Mark Dyer will be attending both the ECA (Express Carriers Association) convention April 10-12, 2012 as well as the MCAAs (Messenger Courier Associate of America) 25th annual meeting/convention May 2-5, 2012.
About Allegiance Capital Corporation
Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the middle market. Allegiance Capital Corporation was recently named third on the list of 2011 Largest Investment Banking Firms in North Texas (Dallas Business Journal). Allegiance Capital Corporation has won multiple awards recognizing the value it delivers to clients. Examples include: 2009 Dealmaker of the Year (Dallas Business Journal), 2008 Boutique Investment Bank of the Year (M&A Advisor), and 2006 Investment Bank of the Year (Dallas Business Journal). Subscribe to the Capital Ideas blog by visiting: http://www.allcapcorp.com/blog. Follow Allegiance Capital Corporation on LinkedIn, Facebook, and Twitter: @ALLCAP.
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A solid college education used to be the key to getting a great job in America and was a core component of the American dream. However, the times have changed. With the recession, the number of highly educated unemployed individuals has skyrocketed. An education has become more of a financial burden than a stepping stone into the workforce. RT on Facebook: www.facebook.com RT on Twitter: twitter.com
Charlotte, North Carolina (PRWEB) March 02, 2012
The team at Charlotte Insurance knows that during these tough economic times, individuals are looking to save money whenever they can. When it comes to making large purchases like vehicles, many people choose to wait until local dealerships host special offers like those that are prevalent during February and March. Since the experts at the North Carolina insurance agency specialize in auto policies, they are more than familiar with the car-buying process.
This spring, Charlotte Insurance wants car shoppers to consider the following before they begin their hunt for a new vehicle:
Consider the cost of financing a new car and have this amount factored into the bottom line before going out to test drive vehicles. Check with several potential lenders, including credit unions, banks and the automakers financing options. Another cost to consider is North and South Carolina insurance for new cars. Individuals can obtain potential quotes before they even begin to shop.
Compare incentives from different dealers, such as cash back and customer loyalty discounts, as well as special financing deals. Considering these factors may help buyers make the tough decision between two different vehicles.
Shoppers should be educated on exactly what they are buying and how much their old car is worth. Drivers can easily research what a reasonable trade-in-value for their old car will be. Also, understanding the specifics like available engines, transmissions, safety equipment and other features on new cars can help individuals converse knowledgeably with a car salesman and help them make the best choice for their needs.
While many car dealerships are gearing up for the big sales, potential buyers should start researching now! The team at Charlotte Insurance knows that cars are a big investment, which is why they want all of their clients to make informed decisions and obtain affordable and comprehensive North and South Carolina insurance policies to protect these new assets.
About Charlotte Insurance:
With three convenient locations across the state of North Carolina, Charlotte Insurance has evolved into an all-inclusive, client-focused North Carolina insurance agencycommitted to offering superior North Carolina and South Carolina insurance strategies for residents all across the region; whether you are South Charlotte, East Charlotte, Pineville, the University area, Uptown or beyond! Since 1992, the team here at Charlotte Insurance has been dedicated to changing the insurance industry for the better. A keen attention to detail and unwavering commitment to quality service has enabled the agency to build strong, close-knit relationships with its customers and overall communityrelationships that thrive off of mutual understanding between agent and customer.
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