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ROCKVILLE-MD-A district court has ruled that the recently submitted plan meets all the confirmation standards required by the bankruptcy code. To resolve objections by Merrill Lynch and German American Capital, the plan won't become effective until March.
RYE, NY-Reckson Associates Realty Corp.'s president Scott Rechler says that emerging technologies have radically changed how commercial property owners run their businesses and level the playing field between large and small property firms.
SALEM, OR-The 80-year-old chain of athletic and outdoor retailing outlets in the Willamette Valley is closing two of its locations and going on the auction block next week after missing several months worth of payments.
HOUSTON-ClearWorks is bundling its own future, connecting to 20 Houston homebuilders to use the firm's digital solutions package in developing communities. The biggest names in town are being linked to the Houston-based IT provider.
ORLANDO-Duncan R. Dickson's Halcyon Hospitality Recruiters differs from conventional staff leasing companies because it doesn't hire the line workers but only matches their talents with a client's needs. The client pays Halcyon for the service.
SOMMERVILLE, MA-Cathartes Investments is in a good position to win a city contract here to develop a T (MBTA) station after another successful real estate deal. Also, the company has reached an agreement to sell 70 Innerbelt Rd. for $33.3 million.
NEW YORK CITY-US investors have taken an interest in the area in part because New Zealand does not pose restrictions on real estate purchases by foreigners and property income yields are higher there than in other Asian countries.