L+M, Invesco close on Putnam portfolio with $823M in Wells Fargo financing

first_imgFrom left: Brookfield’s Ric Clark, 3333 Broadway and L+M’s Ron Moelis (Credit: Brookfield, L+M, StreetEasy)L+M Development Partners and Invesco Real Estate have closed on their purchase of Brookfield’s Putnam portfolio thanks to about $823 million in financing from Wells Fargo, according to sources familiar with the deal.“The purchase of this portfolio of properties will help preserve the affordability of hundreds of rental units in New York City,” Wells Fargo’s head of government-sponsored enterprise Mark Beisler said in a statement.The money is an agency loan with Fannie Mae and covers four of the five properties that L+M and Invesco are buying.Doug Harmon, Adam Spies, Josh King and Adam Doneger of Cushman & Wakefield brokered the sale. Cushman’s Gideon Gil arranged the debt.Clockwise from top left: 1295 Fifth Avenue in East Harlem, 1890 Lexington Avenue in East Harlem, 1940 First Avenue on the Upper East Side and 552 Main Street on Roosevelt Island (Credit: Google Maps)Invesco and L&M purchased the portfolio from Brookfield, a global asset manager that had put it up for sale in March. It has about 4,000 units across six Manhattan properties: 3333 Broadway near Columbia University, 1295 Fifth Avenue in East Harlem, 1990 and 1890 Lexington Avenue in East Harlem, 1940 First Avenue on the Upper East Side and 552 Main Street on Roosevelt Island.Urban American joined with investors to buy the portfolio in 2007 for $938 million and sold a majority stake to Brookfield in 2014 for $1.04 billion. L&M and Invesco partnered to buy a 2,800-unit portion of the portfolio in July for $1.2 billion, consisting of every building except the one at 3333 Broadway. The financing package covers all of the properties except the Roosevelt Island one.Brookfield and L+M declined to comment on the sale. Invesco did not immediately respond to a request for comment.Rich Bockmann contributed reporting. This content is for subscribers only.Subscribe Nowlast_img read more

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Excelerate Energy begins preparation of engineering works for Ukrainian LNG terminal

first_imgSubscribe Get instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270.last_img

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Town Hall Meeting Tomorrow With Borough Mayor Mike Navarre

first_imgThere are a total of 3 town hall meetings throughout the peninsula this week. FacebookTwitterEmailPrintFriendly分享Charlotte Rosin, Ed & Pauline Back (Happy Anniversary), Jack HesterKenai Peninsula Borough Mayor Mike Navarre will be hosting a town hall meeting tomorrow (April 1st), at the Challenger Center in Kenai. The meeting will be at 10am-noon. Mayor Navarre spoke at the borough assembly meeting on Tuesday night (March 21st)… Mayor Navarre: “It’s a chance to have some of your questions answered about what a fiscal plan is, and what a comprehensive fiscal plan means to economic development in Alaska. Also, how the permanent fund could be affected, state finances, and broad based taxes.”center_img Topics for discussion will be the state’s fiscal problems, and how that affects the Kenai borough, and the potential solutions. Mayor Navarre: “The first meeting will be on April 1st at the challenger center in Kenai from 10am until noon. On the 5th of April we are going to do a similar thing in Seward at the UAF Ray building from 5:30-7:30pm, and then on the 6th of April beginning at 5:30pm we are doing a similar town hall meeting at the Island and Oceans Center in Homer.”last_img read more

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Van Dyk tops the bill at Greenwood

first_imgWinners and runners-up with one of Bert’s finest.We were soon there and booked in, then it was to the first Tee and we were to play the C & A Nines, quite a difficult day ahead.  The course was in its normal fine condition and as usual with the C Nine the lead-off, good scores were difficult to come by.  These nine holes always seem to be the toughest, but playing from the yellow tees gave everyone a chance.As always the players got around here in reasonable time and then it was into the showers, and a bite to eat before we were able to get into cars for the slow amble back to Bert’s.  At this time of the day the roads were quite packed, still the Route 7 into Pattaya is such an asset to travel we still made good time.Back at Bert’s most of the players were tucking into Bert’s Golfers special, before the presentation.  In the A Flight, 0 to 16, the winner was Rob Brown, playing well lately, with 37 points ahead of Mike Gaussa in second with 36 points and in third was Richard Kubicki with 35 points.In the B Flight the winner was Andre Van Dyk with 38 points ahead of Bernie Cairns with 37 points and in third was Dick Warberg, back from sickness, with 31 points.  T.T.F.N.Near Pins:  Mike Gaussa, Carole Kubicki, Andre Van Dyk, Alan Jones. PSC golf from Tropical Bert’sTuesday, Feb. 21, Greenwood – StablefordGreenwood is a course we book every month; mainly because we can now get there pretty quick on the new roads, the course is always in good condition, the ‘rates’ are usually good, and most of all, all the players enjoy their visit there. On this day the group at Bert’s was a little smaller than usual, due to various reasons, it may be that the High Season is coming to an early end, but we did have a full list for Friday.  So into cars and off we went.  The drive up there was as usual swift, up past Laem Chabang, turn left at the main road and keep going.  Easy really!last_img read more

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Real Madrid could meet Barcelona in Clasico Champions League semi

first_img Quique Setien’s side first have to overcome Napoli (they drew 1-1 in Italy and have the second leg at Camp Nou) and then face the prospect of either Bayern Munich or Chelsea in Lisbon — the Germans won the first leg 3-0.  Friday’s Champions League draw threw up the possibility of a Clasico semifinal in Lisbon if both Real Madrid and Barcelona do their homework before then.  Sport.es It’s is far from a gimme but it is on the table. Zinedine Zidane’s side, who are one point clear of Barça in La Liga ahead of their game against Alaves on Friday, could end up taking on Setien’s men in the last four. Podría haber un clásico en las ‘semis’ de la Champions The semifinal, if Madrid get past those hurdles, would then throw up the chance of a Clasico, if Barça can progress from their games, too.  If they manage to get past Pep Guardiola’s side, they will play either Juventus or Lyon in the last eight. Juve drew 1-1 in Lyon and the second leg will be played in Turin. center_img 10/07/2020 CEST Upd. at 15:08 Madrid travel to Manchester City next month tasked with turning around a 2-1 first-leg defeat at the Santiago Bernabeu to make the quarterfinals, which will all be played as one-off games in Portugal.  IN SPORT.ESlast_img read more

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King and Country

first_imgBy RUSSELL BENNETT WHEN Thomas Walker enlisted to fight for King and Country, he was a country boy with a…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

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Rare honour for Peter and Molly

first_imgBy Victoria Stone-Meadows TWO members of the Emerald community have been awarded Australia Day Awards as part of Cardinia Shire…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

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Sentinel grad, Kendra Wayling, joins Heat at Nationals

first_imgBy Bruce FuhrThe Nelson Daily SportsKendra Wayling once again is bound for a major tournament.The Mount Sentinel Wildcats grad is in St. John’s, New Brunswick to compete in the Canada College Athletic Association Women’s Volleyball Championships.The top-ranked Heat bent but didn’t break against the longtime rival Vancouver Island University Mariners last month at UBCO gymnasium in Kelowna, winning the B.C. Championship for the third consecutive year in five sets (25-27, 25-19, 25-21, 20-25, 15-7).The Heat advanced to the final with a straight set win (25-20, 25-17, 25-16) over University of the Fraser Valley.Top-ranked UBCO opens the tournament Thursday at 2 p.m. PST against host St. Johns.The other teams in the eight-team field include FX Garneau of Quebec City, Mount Allison of Sackville, NB, Humber College of Toronto, Nanaimo’s Vancouver Island and Alberta reps Grand Prairie and Mount Royal College of Calgary.Semi finals go Friday with the final set for Saturday at 3 p.m. PST.Wayling, 21, is no stranger to the spotlight.During her senior year at Mount Sentinel the 5’9” middle player led the Cats not only to the B.C. High School A Girl’s Volleyball title, but also the B.C. High School A Girl’s Basketball crown.After graduating, Wayling, who lives in Castlegar, played a season in Idaho for Coeur d’ Alene College before taking a year off to rehab an injury knee.UBCO, entering Nationals with a 20-6 overall mark and 13-1 in BCCAA league play, heavily recruited Wayling to come to Kelowna to play this past season for the Heat.Kendra Wayling is the sister of Katie Wayling who attends Palm Beach State College, located 60 miles north of Miami in Lake Worth, [email protected]last_img read more

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Pochettino is first Prem boss to be rapped by FA over new touchline rules

first_imgMAURICIO POCHETTINO is the first Premier League boss to be handed an FA rap over new touchline rules.Footie chiefs are trying to stamp out abusive behaviour on the touchline to clean up the game.3 Mauricio Pochettino exchanges words with Anthony Taylor at half time in Spurs’ win over FulhamCredit: ReutersVideo Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 02:02Loaded: 0%00:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -02:02 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. PlayMuteCurrent Time 00:00/Duration 00:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -00:00 1xPlayback RateFullscreenMauricio Pochettino says defeat to Watford was a ‘wake-up call’ after Tottenham’s first loss to Hornets in 31 years According to the FA website, Pochettino was handed a Stage 1 warning for misconduct after his side beat Fulham on August 18.The rap — a yellow card in the lower leagues — covers inappropriate gestures towards officials, kicking or throwing water bottles and sarcastic clapping at decisions.Unfortunately, FA supremos have decided not to reveal the reasons behind the warnings so the exact nature of Poch’s offence is unknown.Wolves fitness coach Antonio Dias has also made the cut following the 2-2 draw with Everton.Most read in footballRETRACING STEPSJack Charlton’s granddaughter Emma Wilkinson ‘would love’ to visit IrelandROY RAGEFurious Roy Keane launched foul-mouthed rant at Pique over Fabregas friendshipPicturedTOP FORMBrazil icon Ronaldo soaks up sun with partner Celina Locks on yacht in FormenteraPicturedON THE PAOLPaolo Maldini shows off shredded physique at 52 while on holiday with wifeExclusiveLOCK CLOWNPaul Scholes flouts local lockdown rules by throwing huge 7-hour birthday bashLive BlogUNITED LATESTMan Utd transfer news LIVE: All the gossip and updates from Old TraffordLive Bloggunners newsArsenal transfer news LIVE – Latest updates from the EmiratesPicturedMADD FOR ITPrem aces Dele, Maddison & Grealish enjoy hard-earned break in sun-soaked IbizaLive BlogBLUES NEWSChelsea transfer news LIVE: Havertz deal LATEST, Willian move updatesMISS-RON IMPOSSIBLERonaldo LOSES Golden Boot race after axe from Juve squad for final game3 Phil Brown has already picked up two raps and is two away from a banCredit: PA:Empics Sport3 Wolves boss Nuno Espirito Santo has seen his fitness coach fall foul of the new regulationsCredit: ReutersSouthend United boss Phil Brown is the worst behaved tactician so far and is two warnings away from a ban.The ex-Hull chief was given yellow cards for offences in the games against Tranmere and Forest Green Rovers.This season, staff in the top four divisions, FA Cup, Carabao Cup or Checkatrade Trophy are at risk of picking up warnings or yellow cards.Four Stage 1 warnings in all competitions will result in a one-match suspension and they are only cleared at the end of the season.Watford 2-1 Tottenham: Hornets pull off great result by beating Spurs for first time in 31 yearslast_img read more

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Sam Houston State Takes Down No. 10 Rice

first_imgRice didn’t have their first base runner until the bottom of the third inning when designated hitter Connor Teykl worked a two-out walk. Catcher Anthony Azar drove in a second run when he singled into left field to score Atwood from third. “We’re ready to go into Minute Maid this weekend. We’re going to face some tough teams but we have a lot of experience going into it. The excitement for our team will be great.” The hot-hitting first baseman Ryan O’Hearn ripped a single into right field to drive in Farney from second base for the first run of the game. With the hit, O’Hearn extended his hitting streak to 11 games. The Owls got on the board in the fourth inning when left fielder Michael Aquino doubled down the left field line to score right fielder Keenan Cook from second base. The Kats turn their attention to the Houston College Classic this upcoming weekend. “This is just a great ballgame for us. We got a great pitching performance from Ryan and for the most part played good defense. We got some timely hits and we capitalized on some mistakes. It was a great team win for us tonight.”center_img Alan Scott and Jason Simms shut down the Owls for the final two innings. Lefty Alan Scott pitched a hitless eighth inning. Righty Jason Simms kept the owls off the board in the ninth to register his third save of the season. Sam Houston added an insurance run in the top of the eighth after left fielder Luke Plucheck singled with two outs. MacWilliam dropped down a bunt for a single and the third baseman threw the ball away and Plucheck came around to score from first. Ryan Brinley was outstanding on the mound for seven innings. The sophomore transfer allowed just two hits while striking out two Rice Owl batters. The win is the first of his Sam Houston State career. The Kats got the scoring started in the top of the third inning. Middle-infield duo Jake MacWilliam and Ryan Farney each singled to start the inning before center fielder Colt Atwood reached on a fielder’s choice, eliminating MacWilliam. HOUSTON, Texas – Great pitching and timely hitting led the Sam Houston State baseball team to their fourth consecutive win over perennial power Rice, 3-1, Tuesday at Reckling Park.last_img read more

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