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CALCAP Advisors Acquires 340 Units in Two Distressed Multifamily Transactions

PASADENA, Calif. , Sept. 1, 2015 /PRNewswire-iReach/ -- CALCAP Advisors is announcing that it has purchased two apartment communities in Las Vegas.  The company has acquired 500 units in Southern Nevada in the past 13 months.  Photo - http://photos.prnewswire.com/prnh/20150829/262093 El Pueblo de Los Arboles Apartments, a 228-unit property in Las Vegas , was purchased for $9,765,000 ( $42,829 per unit/ $56.39 per square foot) on June 30, 2015 through the online real estate website Auction .com.  The seller was an entity of mortgage special servicer LNR Partners , LLC.  LNR acquired the property via a CMBS foreclosure on January 29 , 2015.  The address is 5400 West Cheyenne Avenue , Las Vegas, NV 89108. " El Pueblo de Los Arboles offered us an opportunity to purchase a well located multi- family community significantly below replacement cost", stated Edward Aloe , Managing Principal of CALCAP Advisors .   The property, constructed in 1986, was 86% leased at the clo...

Newborn baby found in grassy area cover in ants

Florida state troopers told to write 2 tickets per hour Mark Welch of the Tallahassee-based Troop H said he "wants to see two citations each hour", the Tampa Bay Times reports . The email allegedly thanked the government for the troopers' 5 percent raise, which also increased overtime rates . Deere & Company (NYSE:DE) Stock Traded 4.7% Above Its 50 Day Average The value of the investment in Deere & Company went from $1,535,000 to $1,930,000 a change of $395,000 for the reporting period. Baring Asset Management Ltd increased Pilgrims Pride (NASDAQ:PPC) stake by 20,848 shares to 154,820 valued at $2.94M in 2016Q4. After voting for sanctions, China tells North Korea to act 'smart' Tillerson conceded there would likely be a lag period before the sanctions "actually have a practical bite on their revenues". Guam, a tropical island more than 3,000 km (2,000 miles) to the southeast of North Korea, is home to about 163,000 people. Philippe Coutinh...

Getting Energy Efficiency to the People Who Need It Most

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Cities must do more to ensure that investments in energy efficiency reach the low- and moderate-income households that bear the heaviest burden from high energy costs via Shutterstock By Laurie Mazur As the saying goes, “The poor pay more.” This is certainly true when it comes to energy costs: Low-income households (both owners and renters) pay more for energy per square foot than their affluent counterparts. And as a percentage of income, low- and moderate- income families pay up to three times more than average on utility bills. Energy efficiency is part of the solution: It can reduce energy burdens by as much as 30 percent. But even the best- intentioned efficiency programs often fail to reach low- and moderate-income households. Those households may not be able to take advantage of incentives because they lack the upfront capital to invest in efficiency upgrades, for example. And they lose out on tax incentives because they don’t live in high- efficiency housing or can’t af...

US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...