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Gramercy Property Trust Secures $14.5 Million Senior Mortgage Financing with Northwestern Mutual
NEW YORK--(BUSINESS WIRE)-- Gramercy Property Trust Inc. ( ) announced today it has closed a $14.5 million senior mortgage financing with Northwestern Mutual Real Estate Investments, LLC. The 3.28% five-year, fixed-rate loan is secured by the Company's previously acquired 540,000 square foot industrial portfolio located in the Indianapolis metropolitan area. Company ...
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National Association of Real Estate Editors Atlanta Conference to Deliver News …
Top industry leaders will generate headline news as they address scores of real estate journalists from across the nation in Atlanta June 5-8 at the National Association of Real Estate Editors (NAREE) 47(th) Annual Real Estate Journalism Conference. NAREE University sessions at the conference will offer journalism workshops focusing on topics ranging from digital and social media to radio ...
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Men cry foul over sexist new ad
More on Shine: Sexist Jeans Will Make Your Husband Look Like a Fool Yep, that's right. This time it's men who are being belittled to make people buy something: Samsung's Evolution Kit, which transforms any Samsung television into a smart TV (though the specific product is really beside the point ...
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Inspiring story behind simple bracelet
Jessica Mindich , a mother of two, started the company five years ago in her Connecticut home. "I was a mom that had been a lawyer looking to go back to work and looking around at a community that was still doing the same fundraising methods and people were bored of them." Mindich creates affordable jewelry for different causes, with a portion of the proceeds going to charities around ...
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Jail owner hopes to lock up filmmakers before building apartments
The owner of the former St. Louis County Jail in Duluth still wants to convert the property into living space, but he hopes to lock up a few filmmakers first. The Duluth News Tribune reports on the role the vacant jail will play in the upcoming Duluth Superior Film Festival. Grant Carlson, who owns the jail, wants to hold a reception there in the hopes of staging film shoots there. In the long ...
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Movie Review
Indecent Proposal [DVD]
Indecent Proposal uses an unconventional story to support some very conventional beliefs: Marriage is an important and lasting institution, money isn't everything, forgiving is more important that forgetting, and love is required for lovemaking. Everyone knows that this is the movie that involves the million-dollar question, the indecent proposal of the title. It comes from billionai ... ...
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Winston-Salem property-tax rate increase proposed + Former Dobson mayor dies + Ziggys By the Sea to open in Wilmington
-- Winston-Salem City Manager Lee Garrity has proposed a $379 million budget that includes a property-tax rate increase to make up for a drop in property values due to revaluation, the Winston-Salem Journal reports. The proposal would raise the citys tax rate about 8 percent, from 49.1 cents per $100 of assessed value to 53 cents. However, the majority of homeowners in the city would see their ...
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Indys Broad Ripple neighborhood skeptical of Whole Foods project
A proposed $25 million development in the Indianapolis neighborhood of Broad Ripple drew mostly jeers during a Thursday meeting. According to The Indianapolis Star, four representatives of the projects principal developer, Browning Investments of Zionsville, Ind., attended the meeting to discuss the project, which includes apartments and a Whole Foods Market along the neighborhoods Central ...
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Hungry condo hunters
If an army marches on its stomach, the same applies to an army of condo hunters. Since the sales trailer opened for the new 300 Ivy St. in San Francisco, prospective buyers waiting in line have been treated by condo-sales folks at the Mark Co. to Schulzies Bread Pudding, and lemon macaroons from Chantal Gullion. Its a bit of subtle neighborhood marketing as well as a snack: Both are Hayes Valley ...
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McCarthy adds office in Kansas City
McCarthy Building Cos. Inc. has increased its presence in the Kansas City market with two nearby construction projects underway and an announcement earlier this spring of a new downtown office. According to REJ Blog, McCarthy now has more than $1.4 billion worth of construction underway in the region. Two major projects for McCarthy include work on a $80 million National Bio and Agro-Defense ...
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What $193000 Buys You in Housing Markets Across the Country
Where a House Costs Less Than a Used Car ] But as the adage goes, all real estate is local, and $192,800 in Miami, Fla. doesn’t buy you the same as it would in Bismarck, N.D. Here’s a look at what the national median existing-home price will buy you across the ...
They Said It
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Comfort Hotel Portrush
I arrived into Portrush, after a journey from Belfast to Londonderry on the M2 Motorway. Having seen Londonderry I was ...
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The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
Breaking Property News
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- Gramercy Property Trust Secures $14.5 Million Senior Mortgage Financing with Northwestern Mutual
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- Men cry foul over sexist new ad
- Inspiring story behind simple bracelet
- Jail owner hopes to lock up filmmakers before building apartments

