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US provides its greatest '' do not take a trip ' cautioning for 5 Mexican states

By Mark Stevenson, Associated Press

MEXICO CITY (AP)– Five states in Mexico now have the sternest “do not travel” advisories under a revamped U.S. State Department system revealed Wednesday, putting them on the same level as war-torn nations like Syria, Yemen and Somalia.

The five states are Tamaulipas on the U.S. border and Sinaloa, Colima, Michoacan and Guerrero on the Pacific coast. All the states are hotspots of drug cartel activity, either hosting trafficking routes or comprehensive drug-crop growing.

The State Department had actually previously discouraged travel to all or part of those states but the brand-new cautions are sterner, putting them on a level 4 caution, the greatest level of possible threat.

Mexico as a whole has a level 2 score, implying Americans ought to “exercise increased caution” due to the fact that of issues about crime. But an extra 11 Mexican states got a level 3 warning Wednesday, which advises individuals to “reassess travel” there. Mexico has 31 states, half of which are now under level 3 or 4 warnings.

Those states where Americans are urged to reevaluate travel consist of the State of Mexico – Mexico’s most populated state, which includes most suburbs of Mexico City – and Jalisco, home to the city of Guadalajara, the Puerto Vallarta resorts and the lakeside expat neighborhood of Chapala and Ajijic. However the travel advisory stated there are “no limitations on U.S. civil servant for remain in … Guadalajara, Puerto Vallarta, Chapala, and Ajijic.”

Most of northern Mexico, including the border states of Chihuahua, Coahuila, Nuevo Leon and Sonora as well as Durango, Zacatecas and San Luis Potosi, are under level 3 cautions.

Mexico’s federal tourist department was not instantly readily available to discuss the brand-new cautions.

However the federal government’s Mexico Tourism Board said in a declaration that “Mexico’s major worldwide tourism destinations have been clearly noted as having no travel limitations,” obviously a referral to major resorts like Cancun, Puerto Vallarta and Huatulco.

Nevertheless, a minimum of 2 Mexican resorts– Ixtapa-Zihuatanejo and Acapulco– are in a do-not-travel state, Guerrero, and last year, the State Department extended a total restriction on personal travel by U.S. federal government workers there.

U.S. workers had actually previously been permitted to fly to Ixtapa, the last location in Guerrero where they had been permitted to go. Individual travel by land and to the resort city of Acapulco had actually currently been forbidden.

The no-travel states had primarily currently lost much foreign tourism.

Tamaulipas has actually long been riven by grass wars in between competing drug cartels, and Sinaloa is home to the cartel of the same name. Michoacan was so controlled by a drug cartel that vigilantes took up arms in 2013 to drive them out.

Colima has seen homicides escalate in recent years due to the growth of the Jalisco New Generation drug cartel, and the state now has Mexico’s greatest murder rate, with 83.3 killings per 100,000 homeowners, inning accordance with figures for the first 11 months of 2017.

The U.S. federal government did note its staff members are enabled to go to the seaside city of Manzanillo, Colima.

The state with second-highest murder rate– 61.6 per 100,000– was Baja California Sur, the home of the twin resorts of Los Cabos. The state conserved its level 2 advisory, “exercise increased care,” in spite of a series of shootouts and killings in recent months.

Rising levels of violence have not so far affected Los Cabos, which saw a 16 percent increase in tourist arrivals and an 18 percent increase in hotel tenancy in 2017, said Rodrigo Esponda, managing director of the Los Cabos Tourist Board.

Esponda said regional authorities and tourism operators are purchasing increased security, consisting of camera systems and the building of a new marine base.

“We are going to keep working extremely hard in 2018 to make sure that Los Cabos continues as a safe location,” Esponda stated.

Talking to local media earlier this week, Tourism Secretary Enrique De la Madrid stated, “In my viewpoint, the most crucial obstacle we have in the tourism sector are crime events occurring where they didn’t before, for instance in Cancun, la Paz and Los Cabos.”

Copyright 2018 The Associated Press. All rights scheduled. This material may not be published, broadcast, reworded or rearranged.

Year In Review: Greatest News Stories of 2017

Here are the stories that CoStar News readers thought about to be the most intriguing and newsworthy in 2017: # 1 Amazon Outgrows Seattle: Starts Search for Second HQ City in North America
In hanging the prospects of investing billions of dollars in the neighborhood and adding 10s of countless high-paying jobs, online retail giant Amazon kicked off a mad scramble among jurisdictions in September after the firm provided an RFP for a new co-headquarters. Debates over which places finest matched the online seller’s mega-office requirement taken in the CRE industry and will likely continue to do so ahead of Amazon’s site choice, which is anticipated sometime this year. # 2 BGC Successfully Spins-Off Newly Rebranded Newmark Knight Frank as Separate Publicly Traded Business

More than a year in the works, Newmark Group, Inc. (Nasdaq: NMRK )finished its going public of 20 million shares of common stock, the very first IPO for a real estate services firm in several years. Howard Lutnick, chairman and president of Newmark Knight Frank moms and dad company BGC Partners, Inc., (Nasdaq: BGCP), made good on his plans to spin-off Newmark as a different openly traded company in the 4th quarter. The move added to market speculation that Cushman & & Wakefield might follow with an IPO of its own in 2018. # 3 Florida, Texas CRE Begin Long Healing Effort from Back-to-Back Storms

Much of the country was fixated in August on the effect of a pair of hurricanes that ravaged much of Florida and the Texas-Louisiana area. And while the extent of the devastation wasn’t as great as very first feared, initial combined damage quotes foresaw $29 Billion in business home losses with $150 billion to $200 billion in financial effect attributed to the back-to-back natural disasters.

# 4 Excessive House Building, or Not Enough? In a midyear multifamily update, we examined recent market analysis that found U.S. housing supply remains well listed below long-lasting market averages even as developers continue to pursue new downtown apt. tasks and single-family homebuilding lastly ramps up.
# 5 Amazon/Whole Foods$13.7 Billion Combining a Game Changer however Not Deal Breaker for Shopping Mall Landlords

The news that Amazon was buying Whole Foods captured many retail observers by surprise and rattled already tense shopping mall owners. However the deal catapulting the world’s biggest e-tailer into the leading ranks of the U.S. grocery industry was rapidly reappraised as proof of the continuous combination of online and physical retail stores which well-located retail home will have a place even as e-commerce continues its fast development. # 6 The Future of Autonomous Driving is Coming Down the Roadway Fast with Significant Ramifications for Real Estate

Fast-developing driving technologies are expected to introduce a $7 Trillion ‘Guest Economy’ by 2050 inning accordance with some futurists. The expected wide-ranging impact on property anticipated to affect everything from recapturing parking area, to amenities to zoning, and is currently starting to have an influence on themarket. # 7 Europe’s Most significant Shopping mall Owner Buying Westfield in Major Mall Debt Consolidation Move

In a surprising relocation, Paris-based Unibail Rodamco agreed to get shopping mall owner Westfield Corp. for almost $16 billion. The decision Unibail, which provides it entry into the United States market, followed news that General Development Properties Inc. (GGP) had actually just recently declined a takeover quote from Brookfield Home Partners, which has a large minority stake in the company. Given Unibail’s offer, we might not have actually heard completion of a GGP-Brookfield tie-up. # 8 Exclusive: NGKF Ramping Up National Valuation/Appraisal Practice With Key Employs, Growth Strategies

CoStar News was one of the first to report on strategies by national CRE services firm NKF to beef-up its evaluation and appraisal business lines ahead of its anticipated IPO later in the year. NKF wasn’t alone in its quest to expand its assessment platform. # 9 Greystar-Led Fund Taking Monogram Residential REIT Private in $3 Billion Transaction

In a sign of the continued strong appeal of multifamily home for financiers, home REIT Monogram Residential Trust, Inc. (NYSE: MORE)accepted a buyout offer from a newly formed continuous life fund, Greystar Development and Earnings Fund, led by Greystar Realty Partners in a transaction valued at $3 billion, including debt. In another indication of the sector bring in ‘big cash,’ Starwood struck an offer to buy out Turning point Apartments REIT for $2.85 billion, including 24,000 apt. units to Starwood Capital’s portfolio. # 10 Chinese Govt. Relocate To Stem Circulation of Funds to Overseas CRE Investments

In August, CoStar News reported that the State Council of individuals’s Republic of China formally revealed measures to curb outbound investment – a move Chinese authorities had been hinting at all year. The clampdown was expected to effect offer rates for major assets in the largest gateway markets, which had actually become a preferred target for Chinese financiers. Nevertheless, market analysts see plenty of other investors– both foreign and domestic– offered to fill the gap. The clampdown on Chinese overseas financial investment followed news earlier in the year that some members of Congress had actually ended up being concerned over the national security threat connected with the growing Chinese ownership of U.S. assets. # 11 Dollar Stores Remain Retail Success Story, Continue to Defy Online Disturbance

Dollar shops stayed a retail success story in 2017, continuing to defy online disturbance by expanding into untapped, low-density areas to decrease the online danger and drive sales growth. # 12 CVS-Aetna Combination Signals Coming Merging of Health Care and Retail Real Estate

The hit offer of CVS Health (NYSE: CVS)accepting acquire Aetna Inc. (NYSE: AET) for $ 77 billion has the potential not only to essentially change the health plan market but also radically reshape the retail and healthcare realty markets. # 13 Institutional Investors Coming Around to Trainee Real Estate, Sector Seen as Recession-Resistant Alternative to Apts.

As soon as an overlooked specific niche, the student real estate sector is drawing in increased attention from significant investors, who see the sector as using less rental development volatility and a recession-resistant hedge to traditional homes. # 14’Amazon Impact’has Bankers Re-Examining Their Loan Portfolios, Tightening Underwriting

In a midyear modification from concentrating on direct exposure to construction and development and multifamily lending, bank executives and experts refocused on a new topic this previous quarter: attending to perceptions of retail weakness in their property lending. The shift in focus followed a drop in CRE loaning development by banks in the very first quarter to its slowest level in two years. # 15 Lickerman Steps Down, Mobley Called CEO for Americas at Cushman & & Wakefield News on personnel relocations and new hires is constantly a constant leading read by CoStar readers and 2017 was no exception. Among the many workers news to draw in readers was the late-November bombshell come by Cushman & & Wakefield announcing the departure of Tod Lickerman, who was named CEO of the Americas in a major adjustment of the brokerage’s senior leadership simply over a year ago, and his replacement, Shawn Mobley, who most just recently acted as president of the business’s East Department.

CoStar News Expanding to Bring You More CRE Coverage in 2018

Search for more of the very best CRE news from CoStar in 2018. We’re expanding our coverage in significant markets, bringing in experienced business press reporters to enhance our news throughout leading markets and CRE sectors. The CoStar News team would like to thank all our readers for reading this year, and eagerly anticipate bringing you even more essential news and insights in the New Year.

Fans happy to see '' Greatest Program in the world' ' a final time

Saturday, May 20, 2017|9:09 p.m.

UNIONDALE, N.Y. (AP)– For some circus fans Saturday, it was a possibility to say goodbye to precious youth memories. For others, it was a pail list satisfaction.

Lions, tigers and clowns, no more. Oh my. It’s curtains for the Ringling Brothers and Barnum & & Bailey Circus.

This weekend, the most well-known American circus ends its 146-year reign as one of the world’s biggest big tops.

Ringling’s moms and dad business, Feld Home entertainment, announced in January it would take its final bow this year. On Saturday afternoon, under cloudy skies, fans streamed into the Nassau Coliseum in suburban New york city to pay their last respects to the renowned program.

“I am sad that it’s going to be over,” said Melissa Angevine of Walton, New York. She and her hubby owned four hours with their two kids Saturday to see the show “It’s a leisure activity that not anybody gets to take pleasure in anymore, unfortunately. Everyone’s in their tablets and not really heading out and seeing different type of home entertainment any longer.”

Saturday evening’s circus was an extravaganza of huge cats, motorcycle stunts, clowns performing death-defying stunts, ice skaters, buckets of popcorn and Mongolian contortionists– which was just the very first half of the show.

“I’m ending up being an adult today,” stated 46-year-old Heather Greenberg, of New york city City. “I can’t go to the circus with my daddy anymore.”

Greenberg and her moms and dads, and her three children, along with her sister and extended household– 12 in all– clowned around, laughing and joking, as they walked into the program.

Her sister, Dawn Mirowitz, 42, of Dix Hills, New York, sobered as she contemplated a future without the Ringling Brothers circus.

“We’ll never ever get an opportunity to take our grandchildren to the circus,” she stated.

Feld executives say decreasing presence combined with high operating expense are amongst reasons for closing.

Ringling had 2 touring circuses this season, one ending its run earlier this month in Providence, Rhode Island.

The last shows of exactly what was long promoted as “The best Show on Earth” are being staged throughout the weekend, with three programs Saturday and 3 Sunday. The final circus program Sunday night will be streamed on Facebook Live and on the circus’ site.

Clarissa Williams, a 38-year-old stay-at-home mommy from West Hempstead, New York, took her 8-year-old daughter, Nylah, to the program.

“I’m appreciative we get to see it before it leaves,” she said. “I pray that when they end, they take the animals and put them in a safe, spiritual place.”

A circus spokesman states houses have been found for the animals that were owned by Ringling, including the tigers, horses and camels.