Evanston Real Estate News

Market Wire - Real Estate and Construction

Gendis Inc.: Gendis Inc. Announces Second Quarter Results

Fri, 5 Sep 2008 20:12:00 GMT

WINNIPEG, MANITOBA (MARKET WIRE) Gendis Inc. (TSX: GDS) today announced its financial results for the 2nd quarter ended July 31, 2008 of the fiscal year ending January 31, 2009.

Noodles & Company: Noodles & Company Expands in Utah With Its Sandy Opening on Thursday, Sept. 11

Fri, 5 Sep 2008 19:31:00 GMT

SANDY, UT (MARKET WIRE) Noodles & Company, the quick-casual, globally inspired noodle restaurant that serves a balanced menu of freshly sautéed Asian, Mediterranean and American cuisine, will open its eighth restaurant in Utah and first in Sandy on Thursday, Sept. 11 at 10:30 a.m. The restaurant is located at 10340 S. State Street in the NE corner of Southtowne Mall.

Fairmont Hotels & Resorts: Fairmont Hotels & Resorts Debuts in India

Fri, 5 Sep 2008 13:37:00 GMT

TORONTO, ONTARIO (MARKET WIRE) Fairmont Hotels & Resorts has been appointed to manage a hotel in Hyderabad, in the capital city of the Indian state of Andhra Pradesh. The property joins the company's collection of landmark hotels as the first Fairmont property to be announced in India.

Air Quality Sciences: Weak Emphasis on IAQ Puts Children, Older Adults, Chronically Ill at Risk

Fri, 5 Sep 2008 13:00:00 GMT

ATLANTA, GA (MARKET WIRE) There is no doubt that sustainable (green) building saves energy and water and helps protect the outdoor environment. But in all the excitement about building green, one important issue frequently gets pushed into the background and that is the quality of the air we breathe indoors. Poor indoor air quality places nearly 40 percent of the US population at risk for serious health problems, including respiratory disease, cancer and developmental problems.

HouseValues, Inc.: Longtime Real Estate Industry Executive Bob Bill Joins HouseValues as Vice President and General Manager of Broker Services

Fri, 5 Sep 2008 12:15:00 GMT

KIRKLAND, WA (MARKET WIRE) HouseValues, Inc. (NASDAQ: SOLD) today announced that longtime real estate industry executive Bob Bill has joined the company as vice president and general manager of broker services. Bill will also serve on the company's executive management team.

MonierLifetile: MonierLifetile Concrete Roof Tile Products Certified for Hail Impact Protection

Thu, 4 Sep 2008 22:32:00 GMT

IRVINE, CA (MARKET WIRE) The insurance industry's recognition of the recent Architectural Testing certification of MonierLifetile products will have positive implications for homeowners and builders in U.S. hail regions providing further confidence in the product's known durability and performance in all climate regions.

Reportlinker.com: Focus on the World Laminate Flooring Market

Thu, 4 Sep 2008 21:18:00 GMT

LONDON, UNITED KINGDOM (MARKET WIRE) Reportlinker.com announces that a new market research report related to the Building materials industry is available in its catalogue.

Essex Property Trust, Inc. : Essex Property Trust Announces Third Quarter Acquisition and Disposition Activity

Thu, 4 Sep 2008 20:30:00 GMT

PALO ALTO, CA (MARKET WIRE) Essex Property Trust, Inc. (NYSE: ESS) a real estate investment trust (REIT) that invests in apartment communities located in highly desirable, supply-constrained markets, announced today that is has acquired two properties for a total of $88.4 million, and sold two properties and two recreational vehicle parks for a gross sales price of $89.8 million.

Woodbridge Holdings Corporation: Woodbridge Holdings Corporation Announces Effective Date of Reverse Stock Split

Thu, 4 Sep 2008 19:30:00 GMT

FORT LAUDERDALE, FL (MARKET WIRE) Woodbridge Holdings Corporation (NYSE: WDG) announced today that it intends to effect its previously announced one-for-five reverse split of its common stock as of the close of business on September 26, 2008. As previously announced, at the effective time of the reverse stock split, each five shares of Woodbridge's Class A Common Stock outstanding will automatically convert into one share of Class A Common Stock, and each five shares of Woodbridge's Class B Common Stock outstanding will automatically convert into one share of Class B Common Stock. No fractional shares will be issued in

Turner Construction Company: Turner Construction Company Selects Newark's Technology High School for the 2008-2010 YouthForce 2020 Program

Thu, 4 Sep 2008 19:12:00 GMT

SOMERSET, NJ (MARKET WIRE) Today, Turner Construction Company of New Jersey announced the selection of Technology High School in Newark, NJ to participate in the 2008-2010 YouthForce 2020 program. Technology High School is the second Newark school to be selected by Turner, following last year's successful completion of a two-year program at Vailsburg Middle School.

Primaris Retail REIT: Primaris Retail REIT Announces Change to August Distribution Record Date

Thu, 4 Sep 2008 18:57:00 GMT

TORONTO, ONTARIO (MARKET WIRE) Primaris Retail REIT (TSX: PMZ.UN) announces a change to the previously announced date of record for August monthly distribution. In a press release sent out on August 22, it was stated that August monthly distribution in the amount of $0.1016 would be paid on September 15th, 2008 to holders of record as of August 29th, 2008. Please note the date for holders of record has changed to August 31st, 2008.

Comstock Homebuilding Companies, Inc.: Comstock Homebuilding Companies, Inc. to Eliminate $5.3 Million of Debt With Regions Bank

Thu, 4 Sep 2008 14:11:00 GMT

RESTON, VA (MARKET WIRE) Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) and certain of its subsidiaries (collectively "Comstock" or the "Company") today announced that it had entered into a forbearance and conditional release agreement ("Agreement") with Regions Bank ("Regions") with respect to approximately $5.3 million of the Company's $144.0 million of secured debt as of June 30, 2008. Under the terms of the Agreement, the Company agreed to cooperate with Regions with respect to its foreclosure on certain of the Company's real estate assets in Georgia and Regions agreed to provide the Company a full release

Extra Space Storage Inc.: Extra Space Storage Inc. to Participate on Panel at 2008 BMO North American REIT Conference

Thu, 4 Sep 2008 14:00:00 GMT

SALT LAKE CITY, UT (MARKET WIRE) Extra Space Storage Inc. (NYSE: EXR) announced today that the Company's Executive Vice President and CFO, Kent Christensen, will participate in the "Shelter from the Storm" panel at the BMO North American REIT Conference on Friday, September 12, 2008 at 9:30 a.m. Central Time.

Beal Properties, LLC: Beal Properties Focusing on Upgrading Facilities

Thu, 4 Sep 2008 14:00:00 GMT

CHICAGO, IL (MARKET WIRE) Beal Properties, LLC, a property management company in Chicago that specializes in rental apartments and condominiums, announces that they are focusing on upgrading some of their rental apartment buildings.

Chartwell Seniors Housing REIT and Groupe Melior: Chartwell to Acquire Joint Venture Interest in Quebec Portfolio

Thu, 4 Sep 2008 13:51:00 GMT

MISSISSAUGA, ONTARIO (MARKET WIRE) Chartwell Seniors Housing Real Estate Investment Trust (TSX: CSH.UN) and Groupe Melior announced today that Residences Melior (an affiliate of Groupe Melior), Chartwell's joint venture partner in the Province of Quebec, has exercised its right to sell to Chartwell the remaining 50% interest owned by Melior in seven retirement properties in the Province of Quebec, as well as Melior's 50% interest in the joint venture property management company looking after all of Chartwell's communities in Quebec. Under the terms of the agreement, the price to be paid by Chartwell for the 50% interest in the

Providential Holdings, Inc.: Providential Holdings Announces Successful Merger of Vietnamese Specialty Steel Company

Thu, 4 Sep 2008 13:00:00 GMT

LOS ANGELES, CA and HO CHI MINH CITY, VIETNAM (MARKET WIRE) Providential Holdings, Inc. (OTCBB: PRVH) (FRANKFURT: PR7), which operates in merger and acquisitions consultancy, financial services, energy and resources, real estate development and invests in special opportunities, has successfully completed the reverse merger of Nam Kim Joint Stock Co., a Vietnam-based company, ("NAKISCO") into a U.S. publicly traded entity, Sanitary Environmental Monitoring Labs, Inc., formerly known as SemcoLabs, Inc.

PermissionTV: Digital Marketing Firm Sparkway Teams With PermissionTV to Bring Popular "NY Residential" Television Programming to the Web

Thu, 4 Sep 2008 13:00:00 GMT

WALTHAM, MA (MARKET WIRE) PermissionTV, a leading online video platform provider, today announced that Sparkway, a digital marketing and TV production company, is using PermissionTV's QuickStart video player to create and launch new online video programming for NYResidentialTV.com, the Web-based complement to the popular news magazine television program.

RMK Advantage Income Fund, Inc.: RMK Advantage Income Fund, Inc. Monthly Dividend Declaration

Thu, 4 Sep 2008 12:30:00 GMT

NEW YORK, NEW YORK (MARKET WIRE) RMK Advantage Income Fund, Inc. (the "Fund") (NYSE: RMA) today announced that its board of directors declared a monthly dividend of $0.015 per share, payable on September 25, 2008 to stockholders of record on September 16, 2008. The ex-dividend date is September 12, 2008. Based on the NYSE closing price of $1.52 on September 3, 2008, the Fund's annualized dividend yield is 11.84%.

RMK High Income Fund, Inc.: RMK High Income Fund, Inc. Monthly Dividend Declaration

Thu, 4 Sep 2008 12:30:00 GMT

NEW YORK, NEW YORK (MARKET WIRE) RMK High Income Fund, Inc. (the "Fund")(NYSE: RMH) today announced that its board of directors declared a monthly dividend of $0.015 per share, payable on September 25, 2008 to stockholders of record on September 16, 2008. The ex-dividend date is September 12, 2008. Based on the NYSE closing price of $1.54 on September 3, 2008, the Fund's annualized dividend yield is 11.69%.

Industrial Info Resources: Year's Worth of New Industrial Plants Totals $39 Billion, an Industrial Info News Alert

Thu, 4 Sep 2008 12:30:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Since September 2007, more than 500 industrial plants have come online in the U.S. The engineering, construction and outfitting of these plants with equipment required $39.4 billion. These plants employ more than 41,000 people. The Industrial Manufacturing Industry employed the most people for new plant construction from September 2007 to September 2008, accounting for more than 50% of the new employment from 160 new plants. One of the larger projects in this industry to come online in the last year was a $1.5 billion

RMK Multi-Sector High Income Fund, Inc.: RMK Multi-Sector High Income Fund, Inc. Monthly Dividend Declaration

Thu, 4 Sep 2008 12:30:00 GMT

NEW YORK, NEW YORK (MARKET WIRE) RMK Multi-Sector High Income Fund, Inc. (the "Fund") (NYSE: RHY) today announced that its board of directors declared a monthly dividend of $0.010 per share, payable on September 25, 2008 to stockholders of record on September 16, 2008. The ex-dividend date is September 12, 2008. Based on the NYSE closing price of $1.19 on September 3, 2008, the Fund's annualized dividend yield is 10.08%.

RMK Strategic Income Fund, Inc.: RMK Strategic Income Fund, Inc. Monthly Dividend Declaration

Thu, 4 Sep 2008 12:30:00 GMT

NEW YORK, NEW YORK (MARKET WIRE) RMK Strategic Income Fund, Inc. (the "Fund") (NYSE: RSF) today announced that its board of directors declared a monthly dividend of $0.015 per share, payable on September 25, 2008 to stockholders of record on September 16, 2008. The ex-dividend date is September 12, 2008. Based on the NYSE closing price of $1.36 on September 3, 2008, the Fund's annualized dividend yield is 13.24%.

Industrial Info Resources: Port of Stockton Welcomes Another Alternative Fuels Facility as Community Fuels Readies New Biodiesel Plant, an Industrial Info News Alert

Thu, 4 Sep 2008 11:00:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Biodiesel start-up American Biodiesel Incorporated (Encinitas, California), doing business as Community Fuels LLC (Stockton, California), is readying equipment in anticipation of soon beginning fuel production at its new biodiesel plant at the Port of Stockton in Stockton, California. Community Fuels joins Pacific Ethanol Incorporated (NASDAQ: PEIX) as the second alternative fuels facility at the port.

Industrial Info Resources: North American Chemical Processing Industry Expects to See at Least Eight Plant Closures During the Remainder of 2008, an Industrial Info News Alert

Thu, 4 Sep 2008 10:30:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- As part of its North American Project Database, Industrial Info has identified 27 plants in the Chemical Processing Industry (CPI) that have permanently closed their doors during 2008. These plants equaled approximately 1,600 lost jobs in the industry over the year. During the remainder of this year, at least eight additional CPI plant closures are expected in seven states and provinces. Each of the plants scheduled to close employ 50 or more people, and a few employ more than 100 people, impacting an estimated 1,000 CPI jobs in

Genesis Worldwide Inc.: Genesis Worldwide Announces Appointment of New Chief Financial Officer

Thu, 4 Sep 2008 06:00:00 GMT

MISSISSAUGA, ONTARIO (MARKET WIRE) Genesis Worldwide Inc. ("Genesis" or the "Company"), (TSX: GWI)(AIM: GWI), a leading provider of "green" structural building technology using light gauge steel aimed at the residential, commercial and institutional building markets, is pleased to announce the appointment of Gregory Kent, aged 38, as the new Chief Financial Officer of the Company. Mr. Kent succeeds Paul Kroetsch, aged 49, who has decided to pursue other business opportunities. The Company would like to thank Mr. Kroetsch for his contributions over the past two years and wish him well in his future endeavors.

Canadian Apartment Properties Real Estate Investment Trust: CAP REIT Completes Acquisition of British Columbia Apartment Property

Wed, 3 Sep 2008 20:37:00 GMT

TORONTO, ONTARIO (MARKET WIRE) Canadian Apartment Properties Real Estate Investment Trust ("CAP REIT") (TSX: CAR.UN) announced today that it had completed the previously announced acquisition of a 137-suite 10-storey apartment building in Victoria, British Columbia. The property is well-located on the edge of downtown and close to major transportation routes and services. The purchase price of $14.2 million was satisfied by new CMHC-insured financing of $10.2 million for a five-year term at an interest rate of 4.35%, with the balance from the Acquisition Facility. Occupancy in the property is currently 100%, and residents

Hyperion Brookfield Asset Management, Inc. and RMK Advantage Income Fund, Inc. and RMK High Income Fund, Inc. and RMK Multi-Sector High Income Fund, Inc. and RMK Strategic Income Fund, Inc. and Regions Morgan Keegan Select High Income Fund and Regions Morgan Keegan Select Short Term Bond Fund and Regions Morgan Keegan Select Intermediate Bond Fund: Hyperion Brookfield to Host Shareholder Call on September 4, 2008

Wed, 3 Sep 2008 20:15:00 GMT

NEW YORK, NEW YORK (MARKET WIRE) As previously announced, Hyperion Brookfield Asset Management, Inc. will host a conference call on September 4, 2008 at 4:30 p.m. EDT (3:30 p.m. Central) to provide an update and to respond to shareholder questions on the following funds:

Binswanger: Binswanger Named Exclusive Agent for Major Property in Calhoun, Georgia

Wed, 3 Sep 2008 19:51:00 GMT

ATLANTA, GA (MARKET WIRE) Binswanger has been named exclusive agent by Mohawk Industries for the lease or sale of an excellent, one-story, 196,000 sq. ft. building with acreage at 371 Edmund Street in Calhoun, Georgia.

SecondSpace: Satbir Khanuja Named CEO of SecondSpace

Wed, 3 Sep 2008 19:36:00 GMT

BELLEVUE, WA (MARKET WIRE) SecondSpace, Inc., the leading global online marketplace for second homes and recreational retreats, today announced that its board of directors has appointed Satbir Khanuja as the company's president and chief executive officer (CEO). Khanuja has also been elected to the company's board of directors. He previously served as SecondSpace's senior vice president of marketing and business development, responsible for the company's partnership, traffic-building and revenue-generating initiatives. Khanuja succeeds Anil H.P. Pereira, founder and former CEO of SecondSpace, who will continue to

RioCan Real Estate Investment Trust: RioCan Real Estate Investment Trust Announces Distribution Increase

Wed, 3 Sep 2008 18:52:00 GMT

TORONTO, ONTARIO (MARKET WIRE) RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced that its Board of Trustees has approved an increase to its monthly distribution to unitholders to 11.5 cents per unit commencing with the September 2008 distribution, payable in October 2008. This increase of 3 cents per unit on an annualized basis will increase RioCan's annualized distribution to $1.38 per unit.

LRG Capital Group, LLC: LRG Capital Group Adds LRG Capital Real Estate Partners I Fund to Platform and Acquires First Property

Wed, 3 Sep 2008 18:12:00 GMT

LARKSPUR, CA (MARKET WIRE) LRG Capital Real Estate Ventures, a subsidiary of LRG Capital Group, a global investment, banking and advisory boutique, announces the launch of the LRG Capital Real Estate Partners I Fund and the closing of the Fund's first investment.

The Friends of Great Diamond Island: Conservation and Sustainable-Development Organizations Raise Concerns About the Development Proposed on Great Diamond Island Within Reserved Natural Areas

Wed, 3 Sep 2008 18:04:00 GMT

PORTLAND, ME (MARKET WIRE) Concerns about potential threats to water quality, quality of island life, and natural areas designated as "open space" on Great Diamond Island have prompted conservation and sustainable-development organizations to ask the City of Portland, ME, to uphold the agreements that allowed the original development of Diamond Cove to move forward nearly 20 years ago.

Entropia Universe: MindArk Reveals First Screenshots From the Next-Gen CryENGINE2 Powered Entropia Universe Platform

Wed, 3 Sep 2008 16:00:00 GMT

GOTHENBURG, SWEDEN (MARKET WIRE) MindArk, developer and operator of Virtual World Entropia Universe, today revealed the first visuals from the upgraded version of the award-winning Entropia Universe Platform. The free-of-charge platform supports a functioning 3D online presence in a virtual universe integrated with a secure and unique Real Cash Economy business model. This allows platform partners to easily gain access to the next evolution of the Internet.

Evolution Solar: Evolution Solar Unveils Plans for Energy Conversion Appliances

Wed, 3 Sep 2008 14:32:00 GMT

GILBERT, AZ (MARKET WIRE) Evolution Solar Corp (PINKSHEETS: EVSO) unveils plans for energy conversion appliances including a complete line of unique of solar powered air conditioning and heating units.

Cumberland County Army's Army: Military Affairs: World's First "Soldiers' Sanctuary"

Wed, 3 Sep 2008 14:00:00 GMT

FAYETTEVILLE, NC (MARKET WIRE) A North Carolina county has declared itself a "Soldiers' Sanctuary," and enlisted a citizen "Army's Army" to defend.

Expo Holdings, Inc.: Expo Holdings, Inc. to Retire Regulation D 504 Offering

Wed, 3 Sep 2008 13:15:00 GMT

NORTH WILKESBORO, NC (MARKET WIRE) Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce to shareholders that it will close its Regulation D 504 Offering.

W. P. Carey & Co. LLC: W. P. Carey Group Closes $28 Million Sale-Leaseback Transaction With Sabre Industries

Wed, 3 Sep 2008 13:15:00 GMT

NEW YORK, NY (MARKET WIRE) Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that CPA(R):17 - Global, one of its publicly held non-traded REIT affiliates, has provided approximately $28 million of sale-leaseback financing to Sabre Industries, Inc. through the acquisition of two industrial properties located in Alvarado, Texas and Bossier City, Louisiana.

Aimbridge Hospitality: Reservation Lines Now Open for aloft Las Colinas

Wed, 3 Sep 2008 13:00:00 GMT

LAS COLINAS, TX (MARKET WIRE) aloha! Reservation lines are now open for bookings at the aloft Las Colinas by visiting www.alofthotels.com or calling 1-877-GO-ALOFT.

Industrial Info Resources: Industrial Firms Perform Site Studies for $185 Billion in More Than 700 Projects, an Industrial Info News Alert

Wed, 3 Sep 2008 11:00:00 GMT

SUGAR LAND, TX (MARKET WIRE) According to a recent analysis of active industrial construction projects performed by Industrial Info Resources (Sugar Land, Texas), there are more than 700 industrial projects, representing more than $185 billion, under development in North America (U.S., Canada and Mexico) in which a site has not been selected. These "site study" projects include not only grassroot plant construction, but also unit and production line additions. After the decision is made that a project is marketable, a suitable site must be found. The site selection process can include grassroot, brownfield or existing

Industrial Info Resources: Reichhold to Build $40 Million Polyester Resins Project in China, an Industrial Info News Alert

Wed, 3 Sep 2008 10:00:00 GMT

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas)--Reichhold Incorporated (Durham, North Carolina) has signed a letter of intent with the Tianjin Economic Development Area to start a new unsaturated polyester resins project in China's growing port municipality of Tianjin. Reichhold intends to build a 50,000-ton-per-year unsaturated polyester resins project in Tanggu in the development zone. The proposed plant is expected to attract a total investment of $40 million and has a registered capital of about $120 million. To date, 3,300 foreign companies have established branches in the

Real Estate Expo: Real Estate Expo Announces Middle East Tour

Tue, 2 Sep 2008 21:57:00 GMT

LAS VEGAS, NV (MARKET WIRE) Real Estate Expo (www.realestateexpo.us) will shift into action in October of 2008 with its Middle East Tour. This international Real Estate Show is currently one of the only venues that offers its participants the opportunity to meet and speak with international investors from the Middle East in these exclusive receptions.

Thomas Enterprises: Carlsbad Forum Lures Four of Nation's Top Retailers

Tue, 2 Sep 2008 21:40:00 GMT

CARLSBAD, CA (MARKET WIRE) The Forum at Carlsbad, the popular 265,000-square-foot open-air retail center in Carlsbad, Calif., announces that it is expanding its tenant lineup with the addition of four top performing national and international retailers -- Free People, Apple Store, Paper Source and lululemon athletica.

Noodles & Company: Noodles & Company Expands in Kansas City With Its Zona Rosa Opening

Tue, 2 Sep 2008 19:54:00 GMT

KANSAS CITY, MO (MARKET WIRE) Noodles & Company, the quick-casual, globally inspired noodle restaurant that serves a balanced menu of freshly sautéed Asian, Mediterranean and American cuisine, will open its third restaurant in the Kansas City metro area on Thursday, Sept. 11 at 11 a.m. The restaurant is located at 8538 NW Prairie View Road in the Zona Rosa shopping plaza.

Gendis Inc.: Gendis Inc. Shares Purchased under Normal Course Issuer Bid

Tue, 2 Sep 2008 18:24:00 GMT

WINNIPEG, MANITOBA (MARKET WIRE) Gendis Inc. (TSX: GDS) has announced a Normal Course Issuer Bid for a maximum of 714,434 of its Common shares with purchases commencing on January 14, 2008. During the month ended August 31, 2008, Gendis Inc. purchased for cancellation 15,400 of its Common shares for a total consideration of $29,678.00. Total purchases since the Normal Course Issuer Bid commenced up to August 31, 2008 are 166,300 Common shares for a total consideration of $329,594.00.

Radar Logic Inc.: Year-Over-Year Declines in Home Prices Offset by Some Positive Signs

Tue, 2 Sep 2008 13:05:00 GMT

NEW YORK, NY (MARKET WIRE) In June 2008, 23 of the 25 MSAs tracked by Radar Logic's Residential Property Index(TM) (RPX(TM)) experienced year-over-year price declines according to the June 2008 RPX(TM) Monthly Housing Market Report released today by Radar Logic Incorporated. The largest declines were in Las Vegas, Phoenix and the California MSAs. Seasonal increases in price per square foot (PPSF) and transaction count were observed in many markets, with month-over-month price increases in 12 MSAs and month-over-month transaction count increases in 19 MSAs. Motivated sales made up an increased share of transactions,

Providential Holdings, Inc.: Providential Holdings' CEO Henry Fahman to Be Keynote Panelist Speaker at CityScape USA

Tue, 2 Sep 2008 13:00:00 GMT

LOS ANGELES, CA and HANOI, VIETNAM (MARKET WIRE) Providential Holdings, Inc. (OTCBB: PRVH) (FRANKFURT: PR7), which operates in merger and acquisitions consultancy, financial services, independent energy and resources, and real estate development and invests in special opportunities, today announced that its CEO, Henry Fahman, will present at CityScape USA 2008 real estate conference. Fahman will be a keynote panelist speaker focusing on a discussion focused on the real estate market: "Vietnam: Symbolizing the Growth and Dynamism of Growing Asian Economies."

Comstock Homebuilding Companies, Inc.: Comstock Homebuilding Companies, Inc. Eliminates $32.7 Million of Debt Through Friendly Foreclosure Agreement With BB&T

Tue, 2 Sep 2008 12:54:00 GMT

RESTON, VA (MARKET WIRE) Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) and certain of its subsidiaries (collectively "Comstock" or the "Company") today announced that on Friday, August 29, 2008 it had entered into a foreclosure agreement ("Agreement") with Branch Banking and Trust Company ("BB&T") with respect to approximately $32.7 million of the Company's $144.0 million of secured debt. Under the terms of the Agreement, the Company agreed to cooperate with BB&T with respect to its foreclosure on certain of the Company's real estate assets and BB&T agreed to provide the Company a full release

Altus Capital Partners: Altus Capital Partners Acquires The D. S. Brown Company, the Leading Manufacturer of Specialty Components for Bridges, Highways and Airfield Pavement Structures, to Take Advantage of Opportunities to Revitalize Public Infrastructure

Tue, 2 Sep 2008 12:11:00 GMT

WESTPORT, CT (MARKET WIRE) Altus Capital Partners, a leading investment firm focused on middle market manufacturing companies in the U.S., today announced that it has acquired The D. S. Brown Company, the nation's leading manufacturer of specialty components for bridges, highways, and airfield pavement structures. Terms of the transaction, which was made with its co-equity investors and company management, were not disclosed.

Victory Energy Corporation: Victory Energy Reports on Wells

Tue, 2 Sep 2008 12:00:00 GMT

CARSON CITY, NV (MARKET WIRE) Victory Energy Corporation (OTCBB: VYEY) announced today drilling has progressed into the deep Strawn Limestone formation to approximately 11,500 feet on deep well 154-6. This well is one of two deep Strawn Limestone wells located in the Corporation's Crockett County gas play in the Texas Permian Basin.

Industrial Info Resources: Southridge Enterprises Progressing With Construction on El Salvador Ethanol Plant With Additional Plans for U.S. Plants, an Industrial Info News Alert

Tue, 2 Sep 2008 11:15:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Investor-owned Southridge Enterprises Incorporated (OTC: SRDG) (Dallas, Texas) is progressing with construction on a new ethanol production facility in San Salvador, El Salvador.

Industrial Info Resources: North American Industrial Projects Under Construction Exceed $260 Billion, an Industrial Info News Alert

Tue, 2 Sep 2008 10:30:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- The value of industrial projects currently under construction in North America is now more than $260 billion, according to a recent analysis of Industrial Info's North American Industrial Database. The large amount of industrial projects under construction in North America supports the fact that industrial construction is increasing, especially in the Power, Metals & Minerals, Pharma-Biotech, Refining and Oil & Gas industries in North America. The amount of activity currently under way is putting a strain on engineering

Industrial Info Resources: Rio Tinto to Invest $2.15 Billion in Brazilian Iron Ore Mine Expansion, an Industrial Info News Alert

Tue, 2 Sep 2008 10:00:00 GMT

CORDOBA, ARGENTINA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Rio Tinto plc (NYSE: RTP) (London) recently approved a $2.15 billion investment in a major expansion of an iron ore mine in Corumba, Mato Grosso do Sul, in Brazil. The first phase of the project will boost the mine's annual capacity from 2 million tons per year to 12.8 million tons per year, with production commencing in the fourth quarter of 2010.

Industrial Info Resources: ArvinMeritor Begins Operation of New Commercial Axle Manufacturing Plant in Mexico, an Industrial Info News Alert

Tue, 2 Sep 2008 09:30:00 GMT

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- ArvinMeritor Incorporated (NYSE: ARM) (Troy, Michigan) has started up a new $30 million commercial axle manufacturing plant in Cienega de Flores, Nuevo Leon, Mexico. The plant supplies front axles to Volvo and Mack, Peterbilt, Kenworth, Freightliner, and General Motors (NYSE: GM) (Detroit, Michigan).

Industrial Info Resources: India's PVP Ventures Plans $1 Billion Investment in Power Sector, an Industrial Info News Alert

Tue, 2 Sep 2008 09:00:00 GMT

BANGALORE, INDIA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- PVP Ventures Limited (BOM: 517556) (Chennai, Tamil Nadu), a fast growing player in India's infrastructure sector, has announced plans to invest $1 billion to develop power projects over the next 12 to 18 months in collaboration with Malaxmi Energy Ventures (Hyderabad, Andhra Pradesh), following the proposed merger of the two firms. The new power projects would be set up by a newly formed subsidiary, PVP Malaxmi Energy Ventures, which will oversee the development of power projects with a total capacity of 8,000 megawatts (MW) over

PARQUESOL: PARQUESOL : 1H08 Results

Mon, 1 Sep 2008 12:39:00 GMT

MADRID, SPAIN (MARKET WIRE)

Orascom Construction Inds, S.A.E.: OCI OGM Results

Mon, 1 Sep 2008 06:16:00 GMT

Cairo (MARKET WIRE)

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