Velocis Launches Fund II
DALLAS—Velocis Fund LP, a Dallas-based private equity real estate fund, announces the launch of its second fund, Velocis Fund II. This launch follows the success of Velocis' first fund, which completed its final closing in March 2013, and has performed beyond underwriting expectations.
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “board base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…
CHICAGO—Local experts say many businesses that would benefit from participating in the program never even look into it, largely because they incorrectly assume their projects are not in what the US considers a distressed community.