Tag Archives: cleaning

Memorial-cleaning service gives grieving families one less thing to worry about

[unable to recover full-text content] Lisa and Tim Anderson have actually worked in the cemetery and funeral industry for more than 20 years. Because time, they discovered a space that might be filled out memorial maintenance, therefore in 2016, they launched Headstone Cleaners.

Cops: Mother whipped son with vacuum cord for not cleaning up

(File Image)
< img alt ="( File Image)" title ="(

File Image)” border=”0″ src=”http://MEREDITH.images.worldnow.com/images/16668392_G.png?auto=webp&disable=upscale&width=800&lastEditedDate=20180502063050″ width=”180″/ > (Submit Image). STAMFORD, Conn. (AP)– A Connecticut lady is implicated of whipping her 11-year-old kid with a vacuum power cord after the young boy chose not to stop playing video games and help her clean.

Authorities state the lady eliminated the kid’s video game system and after that struck him after he called her rude names on Saturday. The young boy then went to his mom’s room and began tossing things. Police say they then entered into a fight and the female bit the kid.

The kid called a relative and asked her to call authorities.

The Stamford Advocate reports the boy had a bite mark on his chest and welts on his left shoulder, hip and elbow. The mom is accuseded of felony attack, danger of injury to a child and disorderly conduct.

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Information from: The Advocate, http://www.stamfordadvocate.com

Copyright 2018 The Associated Press. All rights booked. This product might not be published, broadcast, reworded or redistributed.

CLEANING HOME: Asset Sales Spotlight New Chapter For Sam Zell-Led Equity Commonwealth

Major Personalities Consist of 1.25-Million-SF New Orleans Tower to Hertz Investment Group in Six-Pack of Office Properties

Sam Zell, left, and David Helfand seek to turn around Equity Commonwealth Real Estate Trust after a shareholder revolt led to the ouster of the former board and management.
Sam Zell, left, and David Helfand look for to reverse Equity Commonwealth Realty Trust after a shareholder revolt led to the ouster of the former board and management.

Activist investors in the company previously referred to as Commonwealth REIT had business and profile house-cleaning in mind last year when they did the unheard of in REIT circles and brought in a brand-new board of trustees and a management group led by distinguished real estate investor Sam Zell and his long time deputy David Helfand.

Shareholders were hoping for a few of the legendary market timing that made Zell a billionaire investor and CRE market legend, and the duo immediately set to deal with a business reorganization and possession disposition strategy. They altered the company’s name to Equity Commonwealth Real Estate Trust (NYSE: EQC) and moved its headquarters from Newton, MA, to Chicago.

In February, Zell and Helfand, who functions as the repositioned company’s CEO, unveiled a strategy to sell a $2 billion to $3 billion chunk of EQC’s vast portfolio of mainly suburban workplace assets and a few scattered commercial equipments.

The liquidation plan is proceeding ahead of schedule, inning accordance with Wall Street experts, as Equity Commonwealth ramps up building sales. In current days the Chicago-based company has sold two profiles totaling 51 buildings and 8.3 million square feet in 18 states for a combined prices of $793 million, making up the bulk of the REIT’s $817 million in sales of 56 possessions so far this year. The top reward appears to be the $417.5 million sale of 6 office buildings in 4 southeast U.S. markets to Santa Monica, CA-based Hertz Investment Group. Profits from the sale to Hertz, subtracting home loan financial obligation repayments and lease credits, totaled $320 million.

Equity Commonwealth sold a 45-property portfolio of smaller office and commercial possessions totaling 5.3 million square feet across 19 markets in 13 states to a fund managed by Dallas-based personal equity financier John Grayken for $376 million. The portfolio was 77.5 % rented since the end of the very first quarter. (Please see CoStar COMPs # 3310525 for more details on the transaction).

The 6 workplace structures offered to Hertz Investment total more than 3 million square feet and include One Shell Square, the tallest structure in Louisiana, a 51-story, 1.26-million-square-foot workplace tower at 701 Poydras St. in New Orleans’ CBD (Please see CoStar COMPs # 3314730 to learn more on the deal).

Equity Commonwealth said it currently has three extra office buildings under written agreement for about $35 million totaling 270,000 square feet, and 32 buildings comprising 10 million square feet in various phases of marketing for sale.

“Generally, we see this development on possession sales as beneficial,” JMP Securities analyst Mitch Germain said this week in an investor note, including that pricing is clearly going beyond expectations considered that the culled buildings were occupancy challenged and most likely saddled with deferred upkeep as the business decreases its exposures to several suburban and tertiary markets.

Germain stated EQC’s share evaluations have yet to factor in the brand-new disposition and debt reduction strategy, which he said will make it possible for the company to stockpile cash for future office purchases.

“Further, we believe the share price has supplied no acknowledgment of change in management to an internalized team led by Sam Zell,” Germain added.

The acquisition from Equity Commonwealth marks Hertz’s entry into three brand-new markets: Birmingham, AL, Columbia, SC and Greensboro, NC.

One Shell Square is 93.5 % leased, with significant renters Shell Oil, Adams and Reese, LLP, and Liskow & & Lewis. As part of the offer, Hertz likewise obtained:

Wells Fargo Tower, 30 stories, 514,893 square feet, Birmingham CBD.

Inverness Central, a four-building complex with 475,895 square feet, suburban Birmingham

Meridian, 17 stories, 334,075 square feet, Columbia

300 N. Greene Street, 21 stories, 324,075 square feet, Greensboro

20th Place South, 4 stories, 125,722 square feet, suburban Birmingham.

The 45 smaller sized office and industrial properties are spread across markets in Colorado, Connecticut, Florida, Illinois, Kansas, Massachusetts, Maryland, Minnesota, New Jersey, Missouri, Ohio, Pennsylvania and Virginia.