Redefining Real Estate Investing
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Supersized Billboards in Times Square Command Ever-Increasing Rents
MARKETVIEW MANHATTAN RETAIL Manhattan Retail, Q1 2015 Supersized billboards in Times Square command ever-increasing rents U.S. Consumer Confidence Index U.S. Retail Sales U.S. Unemployment Rate U.S Retail Trade Employment (Mar 2015) 101.3 (Mar 2015) 0.9% (Mar 2015) 5.5% (Mar 2015) 26,000 *Arrows indicate month-over-month change Figure 1: Key Economic Indicators NYC NYC Manhattan NYC Unemployment Rate Retail Job Count Retail Sales Volume Private Sector Job Count 6.6% i352.3 K i1.5 B h23 K (March 2015) (March 2015) (Q1 2015) (March 2015) *Arrows indicate month-over-month change, except for Manhattan Retail Sales Volume, Sources: The Conference Board; U.S. Department of Commerce; U.S. Department of Labor; which is quarter-over-quater. New York State Department of Labor; Real Capital Analytics. RETAIL NEWS • Brookfield place celebrated its grand • Bloomingdale’s will debut its first outlet store opening after undergoing a $250 million located in an urban center, at 2085 redevelopment. With 375,000 sq. ft. of retail Broadway. Slated to open by fall 2015, the space, the luxury mall features Diane von company’s 14th outlet store will occupy Furstenberg, Tory Burch, Omega and Vince 25,000 sq. ft. across three stories. among its tenant roster, as well as innovative • General Growth Properties Inc. recently dining destinations Le District and Hudson purchased the retail co-op at 85 Fifth Avenue Eats. for $86 million. Located one block west of Union Square, the building contains 12,946 • Set to become the second largest residential sq. ft. of retail space across the ground floor building in Manhattan, 606 W. -
IN the UNITED STATES BANKRUPTCY COURT for the DISTRICT of DELAWARE ) in Re: ) Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., Et Al
Case 17-12906-CSS Doc 386 Filed 01/30/18 Page 1 of 11 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re: ) Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., et al.,1 ) Case No. 17-12906 (CSS) ) ) (Jointly Administered) Debtors. ) ) Re. Docket No. 280 STORE CLOSING SALES—SUMMARY REPORT In connection with the Final Order (I) Authorizing the Debtors to Assume the Agency Agreement, (II) Approving Procedures for Store Closing Sales, and (III) Granting Related Relief [Docket No. 280] (the “Order”),2 the Debtors are required to file a summary report (the “Report”) as described in paragraph 46 of the Order within 30 days of the conclusion of the Store Closing Sales. The Debtors have concluded the Store Closings and Sales at certain of the Debtors’ retail locations3 and have performed the accounting and reconciliations required to prepare this summary report. This Report contains the following information, as required by the Order: Required Information Exhibit (i) Stores Closed A (ii) Revenue from Merchandise Sold (Net of Tax) B (iii) Revenue from FF&E Sold (Net of Tax) C 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, include: Charming Charlie Canada LLC (0693); Charming Charlie Holdings Inc. (6139); Charming Charlie International LLC (5887); Charming Charlie LLC (0263); Charming Charlie Manhattan LLC (7408); Charming Charlie USA, Inc. (3973); and Poseidon Partners CMS, Inc. (3302). The location of the Debtors’ service address is: 5999 Savoy Drive, Houston, Texas 77036. 2 Capitalized terms not otherwise defined herein shall have the meanings given to them in the Order. -
Luxury Five-Star Hotel the Principal London Commissions Brintons Carpets for £200M Refurbishment
Press Release October 2018 Luxury five-star hotel The Principal London commissions Brintons carpets for £200m refurbishment Brintons supplied carpets for key public areas within the five-star hotel The Principal London, a Grade II listed landmark building, which dominates the eastern flank of Russell Square in Bloomsbury. The Principal London re-opened in April 2018 after undergoing a multi-million pound renovation. Bespoke Brintons carpet featured in the upper floor corridors and gallery of The Principal London Key facts at a glance: • Project: The Principal London • Client: Starwood Capital, Principal Hotel Company • Renovation start and completion dates: February 2015 – April 2018 • Brintons created 4,600 sqm of bespoke carpets for the hotel’s corridors from floors one to eight, including the main staircase and the gallery • Brintons have supplied bespoke carpets for Principal Hotels in Manchester, York, Glasgow and Edinburgh • Brintons worked on this project alongside interior design practices Tara Bernerd & Partners and Russell Sage studio • Chelsey Siwicki, Project Manager, and Andrew Howell, Senior Creative Designer, led the project for Brintons Press Release October 2018 Project details: • Brintons created a bespoke, contemporary carpet design for key public areas within The Principal London as part of an extensive refurbishment programme. The pattern features a strong linear border, bringing a modern element that harmonises with the period of the building • The herringbone design requires an imaginative technical solution to adapt the pattern around corners. Brintons created a mitre in the carpet at each corner, to ensure that the pattern formed a cohesive and united design • The carpet features a steel grey and neutral colour palette, which complements the sophisticated and contemporary interiors • This renaissance-revival building features a ‘thé-au-lait’ (tea with milk) terracotta façade, which coordinates beautifully with the decorative decisions made by Tara Bernerd and Russell Sage for the interiors. -
Prime Corner Retail Space Available SQ 20TIMESSQ 701 Seventh Avenue at 47Th Street
SQ 20TIMESSQ 701 Seventh Avenue at 47th Street Join NFL, Cirque du Soleil and Hershey in the Heart of Times Square Prime Corner Retail Space Available SQ 20TIMESSQ 701 Seventh Avenue at 47th Street THE NFL EXPERIENCE HERSHEY’S CHOCOLATE WORLD EDITION HOTEL Ground Floor and Floors 2 – 4 Ground Floor Ground Floor entrance to a 39-story hotel ■■ The NFL Experience brings together the NFL ■■ The new 20 Times Square store will be ■■ 39-story, 452-room, luxury lifestyle EDITION and Cirque du Soleil, two preeminent names three times larger than the current branded hotel conceived by Ian Schrager in sports and entertainment, to create a top Hershey’s Chocolate World with Marriott destination in the heart of Times Square ■■ 6,940 square feet of ground floor retail space ■■ Only five-star hotel in Times Square ■■ 40,000 square foot interactive experience ■■ Superstructure signage will showcase the ■■ 40,000 square-feet of food and beverage ■■ Spans 4 floors and includes a 350-seat state- brand and products including six bars, a cabaret/entertainment venue, of-the-art theater with show production by NFL and several restaurants with significant outdoor ■■ New products will be found here along with Films space traditional Hershey’s Chocolate World products. ■■ Rockwell Group and Thinkwell Group will work with Cirque to design the space and leading sports and entertainment presenter, AEG, is a partner in the project ■■ In addition to the multimedia show and interactive activities, there will be educational programming on the art of tackling and passing, on-site retail, stadium-style food and beverage offerings and special artifacts on display. -
Starwood Capital Announces Principal
STARWOOD CAPITAL ANNOUNCES PRINCIPAL Barry Sternlicht unveils new U.K. hotel brand 16 September 2016 Starwood Capital Group, a leading global private investment firm, announced today that it will launch PRINCIPAL, a new urban lifestyle hotel group, on 1st November 2016, following a capital investment in the portfolio of approximately £150 million. Principal is a collection of city-centre hotels based in landmark buildings in exceptional locations across the United Kingdom. The distinctive heritage and resulting relationship between the properties and their surroundings are the cornerstones of the Principal brand. Each of the hotels has a story to tell—of its history, its design and architecture, its quirks and characters, and its role in shaping the city and forging relationships with local partners, whether corporate or creative. From the elegant Georgian townhouses that form the core of The Principal Edinburgh George Street (formerly The George Hotel) to the clock tower that’s synonymous with The Principal Manchester (formerly The Palace Hotel) and its history as the headquarters for the Refuge Assurance Company—Principal Hotels define their cities and neighbourhoods. “At the heart of a great business is a unique and authentic story. Our people and our buildings have great stories to tell, and these stories differentiate you from the competition, giving your guests and your staff something to cheer about,” said Barry Sternlicht, Chairman and CEO of Starwood Capital Group. “Reviving these historic, grande-dame hotels is a truly great story— they are spectacular buildings in which we can create dynamic scenes. The story of each hotel, its amazing history and architecture is the opposite of the mass-produced chain hotel, and provides us with a canvas on which to curate a unique sense of place.” At the core of every Principal Hotel is a brilliant bar and restaurant that resonates with “locals” as much as it does with hotel guests. -
Macy's, Inc. Reports New Steps to Enhance Sustainability
July 23, 2014 Macy’s, Inc. Reports New Steps to Enhance Sustainability Actions include installation of additional electric vehicle charging stations, continued rollout of LED lighting and solar, and new efforts to reduce packaging waste CINCINNATI--(BUSINESS WIRE)-- Macy’s, Inc. (NYSE:M) today reported a series of new initiatives in its multi-year strategic program to enhance environmental sustainability. They are consistent with the company’s sustainability principles first adopted in 2008 and implemented with increasing intensity over the past six years. Results through 2013 include a 38 percent reduction in the company’s electricity usage since 2002 and a 95 percent adoption rate of recycled or certified paper used in the company’s marketing materials. “We have come a long way in making our company more efficient, less wasteful and greener –which is important to our customers, associates, shareholders and communities,” said Amy Hanson, the Macy’s, Inc. executive vice president who oversees sustainability activities. “In all, we have already implemented more than 100 new sustainability ideas over the past six years. But the more we do, the more we learn about opportunities for further improvement. We are more committed today than ever to pursuing new advances in sustainability and finding pragmatic steps we can take to become responsible stewards of our environment while also engaging our workforce and reducing costs.” New and enhanced elements of sustainability at Macy’s, Inc. in 2014 include: Collaborating with Volta Industries to install 17 new free-to-operate electric vehicle (EV) charging stations outside eight Macy’s stores in the Los Angeles area by late fall 2014. -
Barry Sternlicht, Starwood Capital Group
FIRM OF THE YEAR, NORTH AMERICA Starwood Capital Group Starwood’s 2015 performance is measured in billions. The Greenwich, Connecticut- based firm made headlines across property types with its first foray into student housing and the launch of two hotel brands. But it was the billion-dollar transactions that catapulted the firm to the top of the list. Starwood bet big on multifamily though the $5.4 billion October purchase of 23,262 apartment units in 72 areas from Sam Zell’s Equity Residential. The same month, Starwood also agreed to purchase Landmark Apartment Trust, a multifamily real estate investment trust, for $1.9 billion. That acquisition added another 19,615 apartment to the firm’s portfolio, bringing the year- end total number of units in Starwood’s portfolio to 90,000. Starwood has also deployed large sums outside multifamily. In an off-market transaction, the firm bought a 62-building suburban office portfolio in areas stretching from Raleigh, North Carolina, to St Louis, Missouri, for more than $1.1 billion. None of these transactions would be possible, of course, without a sizable war chest. The firm raked in $5.6 billion for Starwood Global Opportunity Fund X in under a year, its largest and fastest fundraise. Look for more headline deals with the remaining dry powder in 2016. INDUSTRY FIGURE OF THE YEAR Barry Sternlicht, Starwood Capital Group For Barry Sternlicht, chairman and chief executive of Starwood Capital, $2 billion was on the low end of the scale in 2015 – whether it be acquisitions, privatizations, exits or fundraises. Last October, the Greenwich, Connecticut-based firm announced a pair of giant multifamily deals, first the $5.4 billion acquisition of 23,000 apartments from Equity Residential, then the take-private transaction of Landmark Apartment Trust for $1.9 billion, in partnership with Milestone Apartments. -
THE LIST Ranked by Gross Leasable Area
18 SAN FERNANDO VALLEY BUSINESS JOURNAL JULY 5, 2021 RETAIL CENTERS THE LIST Ranked by gross leasable area Rank Retail Center Gross Leasable Profile Year Anchors Owner General Manager • name Area • stores Opened • name • name • address • square-feet • parking • headquarters • phone • website spaces Westfield Topanga 1,571,066 262 1964 Macy's, Neiman Marcus, Nordstrom, Target Unibail-Rodamco-Westfield Molly Unger 1 6600 Topanga Canyon Blvd. 5,945 Paris (818) 594-8732 Canoga Park 91303 westfield.com/topanga Northridge Fashion Center 1,407,532 185 1971 Dave & Buster's, JCPenney, Macy's, Macy's Men/ Brookfield Properties Retail Daniyel John 2 9301 Tampa Ave. 7,000 Home, Pacific Theatres 10Plex Group (818) 885-9700 Northridge 91324 Chicago northridgefashion.com Glendale Galleria 1,336,292 204 1976 Bloomingdale's, DICK'S Sporting Goods, Gold's Brookfield Properties Retail Steven Sayers 3 100 W. Broadway, Suite 100 6,200 Gym, JCPenney, Macy's, Target Group (818) 246-6737 Glendale 91210 Chicago glendalegalleria.com Burbank Town Center 1,234,971 165 1991 Ashley Furniture, Bed Bath & Beyond, Burlington, Cypress Equities Michael Ian de 4 201 E. Magnolia Blvd. 5,720 Cost Plus World Market, Macy's, Round1 Bowling Dallas Leon Burbank 91501 & Amusement, Sears (818) 566-8556 burbanktowncenter.com The Oaks Shopping Center 1,209,000 175 1978 AMC Theatres, DICK'S Sporting Goods, H&M, Macerich Co. Adam Antoniskis 5 350 W. Hillcrest Drive 5,000 JCPenney, Macy's Men/Home, Macy's Women/ Santa Monica (805) 495-2032 Thousand Oaks 91360 Children, Nordstrom shoptheoaksmall.com Fallbrook Center 1,120,000 52 1966 AMC Fallbrook 7 Theatres, Bob's Discount Retail Opportunity Investments April Sheffield 6 6633 Fallbrook Ave. -
WARN Report Summary by Received Date 07/01/2019 - 06/30/2020 State Fiscal Year No
WARN Report Summary by Received Date 07/01/2019 - 06/30/2020 State Fiscal Year No. Of Notice Date Effective Date Received Date Company City County Employees Layoff/Closure 06/10/2020 06/09/2020 06/30/2020 Harbor Bay Club, Inc Alameda Alameda County 80 Layoff Temporary 03/20/2020 03/20/2020 06/30/2020 MD2 Industries, LLC Long Beach Los Angeles County 109 Closure Temporary 06/30/2020 08/21/2020 06/30/2020 NBCUniversal Media, LLC - Digital Lab Unit Universal City Los Angeles County 28 Layoff Temporary 04/22/2020 06/22/2020 06/30/2020 House of Blues Anaheim Anaheim Orange County 8 Closure Temporary 06/29/2020 08/01/2020 06/30/2020 ADESA California, LLC dba ADESA/AFC Los Mira Loma Riverside County 71 Layoff Permanent Angeles 06/17/2020 06/17/2020 06/30/2020 K&N Engineering, Inc. Riverside Riverside County 44 Layoff Permanent 06/29/2020 07/28/2020 06/30/2020 Benchmark Arrowhead, LLC dba Lake Lake Arrowhead San Bernardino County 114 Layoff Permanent Arrowhead Resort and Spa 06/18/2020 07/06/2020 06/30/2020 HOWMET Aerospace Fontana San Bernardino County 75 Layoff Temporary 06/18/2020 06/16/2020 06/30/2020 Bahia Resort Hotel San Diego San Diego County 47 Layoff Permanent 06/18/2020 06/16/2020 06/30/2020 Catamaran Resort Hotel and Spa San Diego San Diego County 46 Layoff Permanent 06/18/2020 06/16/2020 06/30/2020 The Lodge Torrey Pines La Jolla San Diego County 84 Layoff Permanent 06/18/2020 06/18/2020 06/30/2020 Bahia Resort Hotel San Diego San Diego County 33 Layoff Temporary 06/18/2020 06/18/2020 06/30/2020 Catamaran Resort Hotel and Spa San Diego San Diego County 33 Layoff Temporary 06/18/2020 06/18/2020 06/30/2020 The Lodge Torrey Pines La Jolla San Diego County 37 Layoff Temporary 06/08/2020 03/30/2020 06/30/2020 SmartCareMD Escondido San Diego County 38 Layoff Permanent 06/29/2020 08/31/2020 06/30/2020 Stryker Employment Company Menlo Park San Mateo County 33 Layoff Permanent 06/29/2020 08/29/2020 06/30/2020 Nitto, Inc. -
Ej Interiors Group — Headquarters
— EJ INTERIORS GROUP — HEADQUARTERS Located in Novi Sad, Serbia EJ Interiors HQ is an award winning international company and supervision of all interior works. We have a proven record of excellence which with a 30-year proud tradition of delivering a comprehensive range of bespoke interior is evidenced by our diverse and memorable portfolio of complex multi- disciplinary, design services and solutions for luxury residential and commercial properties. Today, high profile projects across hospitality, residential and commercial sectors. Ever since we are able to deliver on all of your ideas and vision of a perfectly decorated space by we became a trusted and respected supplier in diverse markets of EU, UK, Russian turning them into reality. As a multi-disciplinary high-end interior design and furniture Federation and UAE, EJ Interiors continues to conquer new markets and win impressive manufacturing company EJ Interiors offers a range of services: design solutions, large scale projects boldly and confidently. major interior projects and 3D visualisation; production, coordination, organisation — TECHNICAL STANDARDS ISO certificates issued by British certification body ISO-QAR EJ Interiors adheres to the Quality Management System and Environmental Management System in accordance with two international standards ISO 9001:2008 and ISO 14001:2004. These two systems are at the core of continuous improvement of our organization’s processes and activities. We regularly test the quality of our product range with the accredited laboratories in EU, UK and Russia. Test reports certify high quality classes in the area of fire resistance performances, sound insulation, mechanical characteristics, burglar resistance, different climate zones and the CE mark. -
Smartrent to Go Public in $2.2 Billion Merger with Fifth Wall Acquisition Corp
SmartRent To Go Public in $2.2 Billion Merger with Fifth Wall Acquisition Corp. I, Accelerating Growth of Category-Leading Smart Home Technology for the Global Real Estate Industry ● Includes Oversubscribed $155 Million PIPE Anchored by Leading Real Estate Companies, SmartRent Customers, and Institutional Investors, Including Starwood Capital Group, Lennar, Invitation Homes, Koch Real Estate Investments, Baron Capital Group, D1 Capital Partners L.P., Long Pond Capital, LP, and Conversant Capital LLC ● SmartRent Expects to be EBITDA Positive by 2022; 80% of the Company’s Revenue Projections for 2021-2022 are from Already Committed Units; Growing Base of Recurring Revenue with Zero Churn since Inception ● Fifth Wall, the World’s Largest Proptech Investor Managing $2.5 Billion, Will Open Access to Unmatched Distribution Lanes through its 70 Strategic Real Estate LPs from 15 Countries ● SmartRent Provides Environmentally Sustainable Solutions by Reducing Energy Consumption and Preventing Catastrophic Water Damage for the Real Estate Industry SCOTTSDALE, AZ. — April 22, 2021 – SmartRent.com, Inc. (“SmartRent”) has entered into a definitive business combination agreement with Fifth Wall Acquisition Corp. I (NASDAQ: FWAA) (“FWAA”), a special purpose acquisition company (SPAC) sponsored by an affiliate of Fifth Wall, the largest venture capital firm focused on the global real estate industry and proptech. Upon the closing of the transaction, the combined company will be publicly traded. SmartRent: Bringing Accessibility and Efficiency to the Real Estate Industry SmartRent is the category-leading smart home operating system for residential property owners and managers, homebuilders, home buyers, and residents. Founded in 2017, SmartRent is a proptech company that provides the real estate industry with deeply integrated, brand-agnostic hardware and software solutions. -
Los Angeles Farmers Markets
FOOD Where to find & enjoy GUIDEFIRST EDITION the local foods of Ventura, Santa Barbara, & Northern Los Angeles Counties RESTAURANTS FARMS FARM STANDS CATERERS GRO C ERS C SA S FARMERS MARKETS Community Alliance with Family Farmers www.caff.org Ventura County Certified VENTURA COUNTY CERTIFIED FARMERS’ MARKETS “FRESH FROM THE FIELDS TO YOU!” Four Outdoor Locations for Your Family to Enjoy SUNDAYS WEDNESDAYS SANTA CLARITA MIDTOWN VENTURA 8:30 AM - 12:00 NOON 9:00 AM - 1:00 PM College of the Canyons Pacific View Mall Valencia Boulevard West Parking Lot, South of Sears Parking Lot 8 on Main Street THURSDAYS SATURDAYS THOUSAND OAKS DOWNTOWN VENTURA 2:00 PM TO 6:30 PM 8:30 AM TO 12 NOON The Oaks Shopping Center City Parking Lot East End Parking Lot • Wilbur Rd. Santa Clara & Palm Streets FOR MORE INFORMATION (805) 529-6266 www.vccfarmersmarkets.com This guide is your companion in discovering and enjoying the local foods of Ventura, Santa Barbara, and northern About this Guide Los Angeles Counties. Our region is fortunate to have rich soils, a year-round growing season, and a commitment to protecting our valuable farmlands. These assets are more important than ever in a world of rising energy and food costs, climate change, and growing concerns about food safety and food security. Like other areas on the urban fringe, however, there is enormous pressure to pave over farmland, and our farmers are stretched thin by complex regulations, weather and water uncertainties, labor shortages, and global price competition. Buying locally grown foods won’t solve all our problems, but it’s a great step in the right direction.