TheaterMania.com | Mathew McConaughey, Reese Witherspoon to star, other cast added Stuttgart Daily Leader Mathew McConaughey, Reese Witherspoon and Tye Sheridan will now be joined filming “Mud†with Sam Shepard, Michael Shannon and Sarah Paulson, according to the consulting, public relations and marketing firm Fat Dot. ... 'Mud&#! 39;, starring Reese Witherspoon, begins filming in Arkansas |
Friday, September 30, 2011
Mathew McConaughey, Reese Witherspoon to star, other cast added - Stuttgart Daily Leader
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Wednesday, September 28, 2011
Marriott opens in Union Square - San Francisco Business Times:
xeconatyxex.blogspot.com
After one year and more than $35 million, the former Crowne Plaza has re-emerged as . With the new brandx and revamped rooms, owner hopes to see revenue per availabls room increase over 50 percentthis year. “It’s a completely new said Stephen Schafer, vice president of strategic planningy and investor relations at Occupancy droppedduring construction, falling from 81 percent in 2007 (its final year as a Crownew Plaza) to 58 percent last Revenue per available room was just $84 in 2008, with an averagde daily room rate of $145.
Now, as a Marriott, Felcoe expects occupancy in 2009 to reach 70 percent and room ratees to average about Schafer anticipates next year will againn post stronggrowth — particularly if the economy starts to Owing to the recession, San Francisco’s lodging industry is down abourt 15 percent year over year, said Rick Swig, a hote l consultant. Nevertheless, Felcor is bullish on the hotel’x long-term prospects. “Union Square is one of the best hote l markets in the country in terms of demand generators and barriers to Over thelong term, this market will grow fastefr than the rest of the U.S.,” Schafe r said.
Felcor has ownedr the 400-room hotel with 10,000 square feet of meetin g spacesince 1998, but seized on the opportunity to converyt to a more upscale Marriott flag. Durintg the renovation, it was temporarily called Hotel 480, but Marriotty was running operations and hasbeen pre-selling the hotep for most of the last year. “Openingy up a hotel in this needlessto say, has its challenges,” Swig said. “But giveh that Marriott has one ofthe world’s stronges t brands, is priced in a good valuer segment and with a Union Square it should do very well.
” Each Marriott from Ritz down to Courtyard, is strategically priced for its so the hotels should not cannibaliz each other’s business, Swig added.
After one year and more than $35 million, the former Crowne Plaza has re-emerged as . With the new brandx and revamped rooms, owner hopes to see revenue per availabls room increase over 50 percentthis year. “It’s a completely new said Stephen Schafer, vice president of strategic planningy and investor relations at Occupancy droppedduring construction, falling from 81 percent in 2007 (its final year as a Crownew Plaza) to 58 percent last Revenue per available room was just $84 in 2008, with an averagde daily room rate of $145.
Now, as a Marriott, Felcoe expects occupancy in 2009 to reach 70 percent and room ratees to average about Schafer anticipates next year will againn post stronggrowth — particularly if the economy starts to Owing to the recession, San Francisco’s lodging industry is down abourt 15 percent year over year, said Rick Swig, a hote l consultant. Nevertheless, Felcor is bullish on the hotel’x long-term prospects. “Union Square is one of the best hote l markets in the country in terms of demand generators and barriers to Over thelong term, this market will grow fastefr than the rest of the U.S.,” Schafe r said.
Felcor has ownedr the 400-room hotel with 10,000 square feet of meetin g spacesince 1998, but seized on the opportunity to converyt to a more upscale Marriott flag. Durintg the renovation, it was temporarily called Hotel 480, but Marriotty was running operations and hasbeen pre-selling the hotep for most of the last year. “Openingy up a hotel in this needlessto say, has its challenges,” Swig said. “But giveh that Marriott has one ofthe world’s stronges t brands, is priced in a good valuer segment and with a Union Square it should do very well.
” Each Marriott from Ritz down to Courtyard, is strategically priced for its so the hotels should not cannibaliz each other’s business, Swig added.
Monday, September 26, 2011
Musical acts help Austin airport shine - Austin Business Journal:
8511ysu.blogspot.com
For the last travelers movingthrough Austin-Bergstrom Internationap Airport have been able to catch live music showsx between catching flights. It’s a standouf amenity designed to promotethe city’a rich musical heritage. “We consider the airportr Austin’s front door, by showcasing our artistws we are letting travelers know a littler bit about what the Austin musicscenw offers,” said Nancy Coplin, the city’zs music coordinator at Austin-Bergstrom.
City and airport leadere wanted Austin-Bergstrom to be a place where Texas talent would be put center stage for but the music program has also helpe to distinguish the airport and keep retaipl andrestaurants hopping. “It gives us an identity that is uniqureamong airports. Some airport s have music, but not to the capacity we do,” Coplinm said. Austin-Bergstrom’s music which began when the airport openedin 1999, has grown from two shows a week at one location to 11 showas a week at four different airport venues.
In comparison, Nashville Internationao Airport’s live music prograjm has an average of two to three shows a At Austin-Bergstrom, Coplin books a mix of established acts--such as W.C. Clarlk and Austin Lounge Lizards--emerging bands and solo performers. On any give day at the airport, travelers can hear country, alternative, classical, jazz or reggae. The top requirements for musica acts is that their sounde appeals to most travelers and they can also adhere to a certain noise level, Coplin said. The performancesx are well received by travelerse who enjoy being entertained as they wait to boar d flightsor transfers, Coplin said.
“It’s a win-wi n for the travelers that are entertained, the musicianw that get paid to be there andthe sponsors,” she Austin-Bergstrom’s music program relies on sponsorship to covee the costs of the artists. The prograkm did lose one sponsor this but longtime sponsor and concessions operator DelawareNorth Cos. stepped in to plug the funding gap. Terryy Mahlum, district manager of Delaware Nortbh Cos., says the music program has been a boon to the businesat Delaware’s 15 concession standse at Austin-Bergstrom. “Music is a big part of our businessd inthe airport.
It draws peoples into our venues, where they And we enjoy putting that monet back inthe community,” Mahlum He credits the availability of local talent and Coplin’es music booking savvy for helping make the program a Ray Benson’s Roadhouse, 3:30-5:30 Mondays thru Fridays Lefty’s Bar & Grille on 6th 1:00 - 3:00 p.m., Wednesdays Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m.
, Wednesdays thru Fridayzs Waterloo Records/Austin City Limits, 1:00 - 3:00 Fridays
For the last travelers movingthrough Austin-Bergstrom Internationap Airport have been able to catch live music showsx between catching flights. It’s a standouf amenity designed to promotethe city’a rich musical heritage. “We consider the airportr Austin’s front door, by showcasing our artistws we are letting travelers know a littler bit about what the Austin musicscenw offers,” said Nancy Coplin, the city’zs music coordinator at Austin-Bergstrom.
City and airport leadere wanted Austin-Bergstrom to be a place where Texas talent would be put center stage for but the music program has also helpe to distinguish the airport and keep retaipl andrestaurants hopping. “It gives us an identity that is uniqureamong airports. Some airport s have music, but not to the capacity we do,” Coplinm said. Austin-Bergstrom’s music which began when the airport openedin 1999, has grown from two shows a week at one location to 11 showas a week at four different airport venues.
In comparison, Nashville Internationao Airport’s live music prograjm has an average of two to three shows a At Austin-Bergstrom, Coplin books a mix of established acts--such as W.C. Clarlk and Austin Lounge Lizards--emerging bands and solo performers. On any give day at the airport, travelers can hear country, alternative, classical, jazz or reggae. The top requirements for musica acts is that their sounde appeals to most travelers and they can also adhere to a certain noise level, Coplin said. The performancesx are well received by travelerse who enjoy being entertained as they wait to boar d flightsor transfers, Coplin said.
“It’s a win-wi n for the travelers that are entertained, the musicianw that get paid to be there andthe sponsors,” she Austin-Bergstrom’s music program relies on sponsorship to covee the costs of the artists. The prograkm did lose one sponsor this but longtime sponsor and concessions operator DelawareNorth Cos. stepped in to plug the funding gap. Terryy Mahlum, district manager of Delaware Nortbh Cos., says the music program has been a boon to the businesat Delaware’s 15 concession standse at Austin-Bergstrom. “Music is a big part of our businessd inthe airport.
It draws peoples into our venues, where they And we enjoy putting that monet back inthe community,” Mahlum He credits the availability of local talent and Coplin’es music booking savvy for helping make the program a Ray Benson’s Roadhouse, 3:30-5:30 Mondays thru Fridays Lefty’s Bar & Grille on 6th 1:00 - 3:00 p.m., Wednesdays Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m.
, Wednesdays thru Fridayzs Waterloo Records/Austin City Limits, 1:00 - 3:00 Fridays
Saturday, September 24, 2011
Contemporary Jazz from Spain - Duke City Fix (blog)
egogakydo.wordpress.com
Contemporary Jazz from Spain Duke City Fix (blog) In 1985 he released his first recording, "Ardent", a solo piano, who marks the start of his career as a free improviser. Among many others, Agustà has played with Tom Cora, Peter Kowlad, Carlos Zingaro o Marilyn Crispell. ... |
Thursday, September 22, 2011
bizjournals: It was boom; now it's bust for home sales in the West
showarticle-cultura.blogspot.com
The National Association of Realtors says the West sawa 16.7 percent drop in sales of existing homes in March, with media prices falling 2.9 perceng to $330,600. Many cities in Californiza are still trying to claw theif way out of the But prices remain high comparexd to other parts of the countruy and climbing interest rates are expectex to continue draggingon sales. Home sales decreased 20.8 percenf in March in California, the reports, compared with the same periodx ayear ago, while the median pricd of an existing home increasef 3.2 percent. In Los the reports, sales of high-end homes continure to be healthy, while those lower on the scaler are languishing on themarket longer.
The Timese reports that sales fell in the Los Angelesregion 4.6 percenyt in March, compared to the same perioe last year. Median prices, though, rose 2.6 percentf to $571,110. The reporte builders in the area that includesdSan Jose, Santa Clara and Sunnyvaler took out permits to build 198 housex in March, down from February, but 20.7 percenyt more than in March 2006. In California as a however, housing starts climbed almosf 39 percent comparedto February, but fell In March, permits were pulledf for 7,743 single-family homes statewide, up almost 23 percentt from the previous month but down 31 percent from Marcb 2006.
And it's likely to take longer to sell a house in TheSilicon Valley/San Jose Business Journapl reports that the unsold inventory indecx -- which indicates the number of monthsd needed to deplete the supplg of homes on the market at the curren sales rate -- was 8.7 months in March, almost doublr the 4.7 months for the same period a year ago. The media n price of a home in Santa Clara County was up 9.2 percent from the year-ago periodr and up 5.1 percent from the preceding The median price of a home in Monterey Count y was $669,000, down 2.3 percent from March last year and up 1.8 perceng from February. The median price in Santza Cruz Countywas $751,000, up 1.
5 percenr from last year and up 4.3 percent from the precedingf month. Statewide, the median price of an single-family detached home during March 2007 was a 3.2 percent increase over the revise $562,130 median for March 2006. The mediamn number of days it took to sella single-family home was 56.2 days in Marc 2007, compared with 44.5 days for the same period a year ago. "For the firstf time since October 2006, time on the marketr fell below60 days, as we enter the prime home-selling season," said California Association of Realtors Vice Presidentf Leslie Appleton-Young.
"On the other hand, the inventory of homesz for sale continuedto increase, a sign of price softness in the coming months, as expected." If there's a brightg spot in the Southwest, it may be the valley of the sun. Phoenic appears to be at least holdingits own. The reportas that prices are holding steady in that though housing inventoryis up, and it may take longer to resell existing homes. Phoenix-area housing analysts estimate the Valley still hasa six-month inventory of new homezs to be sold.
And there are more than 40,000 single-family resalde homes on the Still, according to the , high interest ratex are likely to continue to takea "Everyone expects this year to be slower and lower," said Jay Butler of Realty Studies at Arizona States University Polytechnic. Butler said thosee who have owned their homes for a number of yearws likely will see but investors and others turning homes bought only a year ago may see a drop in Inthe Northwest, the picture is brighter than for the rest of the said Celia Chen of Moody's Economy.com, and a report in the backsw her up.
The business journal says the latest reportt from the Northwest Multiple Listinvg Service indicates that the average price for a home in King County isalmost $500,000. In March, the average priced of a home sold in King Countywas $499,470. A mont earlier, the average sale price was $462,575. Brokers polled by NMLS indicated that theyhave 9,3400 pending home sales, which is the highest number sinces August 2006. "We've been fairly protected from the subprime problem in the Puget Sound region becausee of our healthy economy and stronghousinyg appreciation," said Erik Hand, president of Responsee Mortgage Service, a subsidiary of John L.
Scott Real
The National Association of Realtors says the West sawa 16.7 percent drop in sales of existing homes in March, with media prices falling 2.9 perceng to $330,600. Many cities in Californiza are still trying to claw theif way out of the But prices remain high comparexd to other parts of the countruy and climbing interest rates are expectex to continue draggingon sales. Home sales decreased 20.8 percenf in March in California, the reports, compared with the same periodx ayear ago, while the median pricd of an existing home increasef 3.2 percent. In Los the reports, sales of high-end homes continure to be healthy, while those lower on the scaler are languishing on themarket longer.
The Timese reports that sales fell in the Los Angelesregion 4.6 percenyt in March, compared to the same perioe last year. Median prices, though, rose 2.6 percentf to $571,110. The reporte builders in the area that includesdSan Jose, Santa Clara and Sunnyvaler took out permits to build 198 housex in March, down from February, but 20.7 percenyt more than in March 2006. In California as a however, housing starts climbed almosf 39 percent comparedto February, but fell In March, permits were pulledf for 7,743 single-family homes statewide, up almost 23 percentt from the previous month but down 31 percent from Marcb 2006.
And it's likely to take longer to sell a house in TheSilicon Valley/San Jose Business Journapl reports that the unsold inventory indecx -- which indicates the number of monthsd needed to deplete the supplg of homes on the market at the curren sales rate -- was 8.7 months in March, almost doublr the 4.7 months for the same period a year ago. The media n price of a home in Santa Clara County was up 9.2 percent from the year-ago periodr and up 5.1 percent from the preceding The median price of a home in Monterey Count y was $669,000, down 2.3 percent from March last year and up 1.8 perceng from February. The median price in Santza Cruz Countywas $751,000, up 1.
5 percenr from last year and up 4.3 percent from the precedingf month. Statewide, the median price of an single-family detached home during March 2007 was a 3.2 percent increase over the revise $562,130 median for March 2006. The mediamn number of days it took to sella single-family home was 56.2 days in Marc 2007, compared with 44.5 days for the same period a year ago. "For the firstf time since October 2006, time on the marketr fell below60 days, as we enter the prime home-selling season," said California Association of Realtors Vice Presidentf Leslie Appleton-Young.
"On the other hand, the inventory of homesz for sale continuedto increase, a sign of price softness in the coming months, as expected." If there's a brightg spot in the Southwest, it may be the valley of the sun. Phoenic appears to be at least holdingits own. The reportas that prices are holding steady in that though housing inventoryis up, and it may take longer to resell existing homes. Phoenix-area housing analysts estimate the Valley still hasa six-month inventory of new homezs to be sold.
And there are more than 40,000 single-family resalde homes on the Still, according to the , high interest ratex are likely to continue to takea "Everyone expects this year to be slower and lower," said Jay Butler of Realty Studies at Arizona States University Polytechnic. Butler said thosee who have owned their homes for a number of yearws likely will see but investors and others turning homes bought only a year ago may see a drop in Inthe Northwest, the picture is brighter than for the rest of the said Celia Chen of Moody's Economy.com, and a report in the backsw her up.
The business journal says the latest reportt from the Northwest Multiple Listinvg Service indicates that the average price for a home in King County isalmost $500,000. In March, the average priced of a home sold in King Countywas $499,470. A mont earlier, the average sale price was $462,575. Brokers polled by NMLS indicated that theyhave 9,3400 pending home sales, which is the highest number sinces August 2006. "We've been fairly protected from the subprime problem in the Puget Sound region becausee of our healthy economy and stronghousinyg appreciation," said Erik Hand, president of Responsee Mortgage Service, a subsidiary of John L.
Scott Real
Monday, September 19, 2011
MIT exec taking charge of $2.1B Hopkins endowment - Baltimore Business Journal:
qozito.wordpress.com
Kathryn J. Crecelius, who manages $2 billion in investmentse for MIT, will start the new job by Oct. 1, Hopkines announced Friday. Crecelius will manage endowment, which was worth $2.165 billion on June 30 -- the 24th-largesyt among American universities. She will be charged with buildingthe university's first separatde investment office. "This position represente an exciting opportunity to build an investment office for the 21st Crecelius said ina statement. Crecelius has been MIT'e managing director for "marketable alternative since 1998. In that she built one of MIT's portfolios, which includea such investments ashedgw funds, to about $1.6 billion.
She also invested $429 million in assets from MIT's $2.3 billion retirement plan, accordinh to Hopkins. Until now, the university's investments have been handleds inthe treasurer's office. "The job has gotten too big for one particularly given the increasede complexity ofthe endowment's said William Snow, Johns Hopkins' treasurer, in a Endowment funds at Johns Hopkins grew nearluy 20 percent from 2003 to according to the Endowment Study release earlier this year. The study showed Johns Hopkins endowmeng funds grewfrom $1.7 billion in 2003 to more than $2 billiohn in 2004.
By comparison, the and Foundationb had $533 million in endowment funddsin 2004, according to the NACUBO. The groulp reported that Johns Hopkins endowments in 2004 were between Vanderbilt Universituin Tennessee, which had $2.298 billion in endowment funds and Brownm University in Rhode Island which had $1.6 Harvard had the largest endowment fund with $22.143 billion in 2004.
Kathryn J. Crecelius, who manages $2 billion in investmentse for MIT, will start the new job by Oct. 1, Hopkines announced Friday. Crecelius will manage endowment, which was worth $2.165 billion on June 30 -- the 24th-largesyt among American universities. She will be charged with buildingthe university's first separatde investment office. "This position represente an exciting opportunity to build an investment office for the 21st Crecelius said ina statement. Crecelius has been MIT'e managing director for "marketable alternative since 1998. In that she built one of MIT's portfolios, which includea such investments ashedgw funds, to about $1.6 billion.
She also invested $429 million in assets from MIT's $2.3 billion retirement plan, accordinh to Hopkins. Until now, the university's investments have been handleds inthe treasurer's office. "The job has gotten too big for one particularly given the increasede complexity ofthe endowment's said William Snow, Johns Hopkins' treasurer, in a Endowment funds at Johns Hopkins grew nearluy 20 percent from 2003 to according to the Endowment Study release earlier this year. The study showed Johns Hopkins endowmeng funds grewfrom $1.7 billion in 2003 to more than $2 billiohn in 2004.
By comparison, the and Foundationb had $533 million in endowment funddsin 2004, according to the NACUBO. The groulp reported that Johns Hopkins endowments in 2004 were between Vanderbilt Universituin Tennessee, which had $2.298 billion in endowment funds and Brownm University in Rhode Island which had $1.6 Harvard had the largest endowment fund with $22.143 billion in 2004.
Saturday, September 17, 2011
LandMar files for bankruptcy - Pittsburgh Business Times:
laxykeha.wordpress.com
The Jacksonville-based residential development company was among 125 affiliates that filee along with itsparent Charlotte-based , in the Western District of Texas. Crescent’s estimatesd liabilities are morethan $1 according to the filing, and its largesg debt, at $13.6 million, is to Bank of The filing was necessary, according to a statement on Crescent’sw Web site, for the company to reorganizw its finances, reduce its debt level and improvew its capital structure.
Crescent intende to operate its continuing businesses without any significant interruptioj during the restructuring process because of a recentlyyobtained debtor-in-possession financing facility of $110 millionh from a group of its existing lenders, accordingf to the statement. Andrew Hede, Crescent’s chiet restructuring officer, has been named CEO while its forme rchief executive, Arthur Fields, has retired and will work with Crescengt in an advisory “We have been in active discussions with our lendersa and other stakeholders as we work towards an agreementf that will bring our capita structure in line with the current economic Hede said in a statement on the company’s Web site.
Charlotte-based Crescent has been pursuing alternative to shore up its balance sheetfor months, includinhg selling some of its assets. The company is jointlg owned by (NYSE: DUK) and Morgan Stanleu and has 38 residential communities unded development inthe Carolinas, Texas, Arizona and Florida. Crescen acquired a controlling interest in LandMar in butleft LandMar’s founder, Ed Burr, in control of the companu until he resigned aftere a failed attempt to buy back the company in 2007.
The Jacksonvills Economic Development Commission authorized city lawyers in May to startt the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 million square feet of office 100,000 square feet of commercial space, 662 residentiao units, 350 hotel rooms and 150 marina slips. LandMar has developed or had plans to develop dozens more properties in Floridza and throughoutthe Southeast.
The Jacksonville-based residential development company was among 125 affiliates that filee along with itsparent Charlotte-based , in the Western District of Texas. Crescent’s estimatesd liabilities are morethan $1 according to the filing, and its largesg debt, at $13.6 million, is to Bank of The filing was necessary, according to a statement on Crescent’sw Web site, for the company to reorganizw its finances, reduce its debt level and improvew its capital structure.
Crescent intende to operate its continuing businesses without any significant interruptioj during the restructuring process because of a recentlyyobtained debtor-in-possession financing facility of $110 millionh from a group of its existing lenders, accordingf to the statement. Andrew Hede, Crescent’s chiet restructuring officer, has been named CEO while its forme rchief executive, Arthur Fields, has retired and will work with Crescengt in an advisory “We have been in active discussions with our lendersa and other stakeholders as we work towards an agreementf that will bring our capita structure in line with the current economic Hede said in a statement on the company’s Web site.
Charlotte-based Crescent has been pursuing alternative to shore up its balance sheetfor months, includinhg selling some of its assets. The company is jointlg owned by (NYSE: DUK) and Morgan Stanleu and has 38 residential communities unded development inthe Carolinas, Texas, Arizona and Florida. Crescen acquired a controlling interest in LandMar in butleft LandMar’s founder, Ed Burr, in control of the companu until he resigned aftere a failed attempt to buy back the company in 2007.
The Jacksonvills Economic Development Commission authorized city lawyers in May to startt the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 million square feet of office 100,000 square feet of commercial space, 662 residentiao units, 350 hotel rooms and 150 marina slips. LandMar has developed or had plans to develop dozens more properties in Floridza and throughoutthe Southeast.
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