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Friday November 20, 2009

Delaware Real Estate Market News

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Mon, 16 Nov 2009 17:33:49 GMT
Opportunity Investment Fund I, LLC Announces a Tender Offer for 100,000 Shares of Common Stock of Piedmont Office ... (GlobeNewswire via Yahoo! Finance)
  • NEWPORT BEACH, Calif. -- Opportunity Investment Fund I, LLC, a Delaware limited liability company, today announced the launch of a tender offer whereby it seeks to acquire 100,000 shares of common stock of Piedmont Office Realty Trust, Inc., a Maryland corporation , at a purchase price equal to $4.60 per Share , less the amount of any dividends declared or made with respect to the Shares between ...

  • Mon, 16 Nov 2009 18:40:39 GMT
    Tribune Co. Doubles Cash Flow, Requests More Time for Bankruptcy Reorganization (Editor & Publisher)
  • CHICAGO Tribune Co., facing a challenge from dissident creditors who claim its 2007 going-private deal made the Chicago media giant insolvent from day one, is asking U.S. Bankruptcy Court in Delaware to give its management team another three months to craft a reorganization plan on its own.

  • Sat, 14 Nov 2009 04:40:29 GMT
    Tribune Co. asks court for deadline extension (Chicago Tribune)
  • Media giant also seeks conference to bring together warring creditor factions Signaling that infighting among creditors is bogging down reorganization efforts, Tribune Co. on Friday asked a U.S. Bankruptcy Court in Delaware to give its management team until March 31 to craft a plan to exit Chapter 11 without interference from other parties.

  • Sat, 14 Nov 2009 07:02:48 GMT
    Tribune asks Bankruptcy Court for extension (Los Angeles Times)
  • The Los Angeles Times' owner wants four more months to plan its exit from Chapter 11 without interference. The company says it would emerge from bankruptcy May 31. Signaling that infighting among creditors is bogging down reorganization efforts, Tribune Co. has asked a U.S. Bankruptcy Court in Delaware to give its management team until March 31 to craft a plan to exit Chapter 11 without ...

  • Tue, 10 Nov 2009 08:49:44 GMT
    Increase in agricultural preservation funds urged (The News Journal)
  • DOVER -- Conservation organizations urged the state Monday to increase funding for farmland preservation, saying that the decline in real estate values presents a golden opportunity to keep Delaware green.

  • Mon, 09 Nov 2009 12:37:00 GMT
    Toys "R" Us, Inc. Announces Offering by a Property Subsidiary of Senior Notes Due 2017 (Business Wire via Yahoo! Finance)
  • WAYNE, N.J.----Toys “R” Us, Inc. announced today that one of its indirect wholly-owned subsidiaries, Giraffe Properties, LLC, which is an indirect wholly owned subsidiary of Toys-Delaware and will be renamed Toys “R” Us Property Company II, LLC , intends to offer, subject to market and other conditions, $650 million aggregate principal amount of senior secured notes due 2017.

  • Mon, 09 Nov 2009 11:16:15 GMT
    Delaware updates list of unclaimed property (Cape Gazette)
  • Delaware Division of Revenue Director Patrick Carter recently announced Delaware will publish the names of approximately 85,000 owners of unclaimed property on revenue.delaware.gov.

  • Sat, 07 Nov 2009 09:38:45 GMT
    Polygraph test clears 'cancer patient' in wife's scam (The Columbus Dispatch)
  • DELAWARE, Ohio -- Phylip Chen jumped at the chance to take a polygraph test because he was certain it would finally prove that he was telling the truth.

  • Fri, 06 Nov 2009 08:51:03 GMT
    Phillies mania ends with a whimper (The News Journal)
  • Life on the job in many Delaware workplaces was clearly quieter and more somber than usual Thursday.

  • Fri, 06 Nov 2009 08:47:56 GMT
    Lower digits fetch lower prices (The News Journal)
  • Downturn deflates Delaware's license plate bubble

  • Wed, 04 Nov 2009 17:54:09 GMT
    November 3rd election results (The Daily Star)
  • The following are results of the Nov. 3 elections in Otsego, Delaware, Schoharie and Chenango Counties

  • Mon, 02 Nov 2009 09:09:40 GMT
    Rabid stray cat dies in area (The Daily Star)
  • A rabid stray cat was taken in by a family in the Kortright-Stamford area, Bonnie Hamilton, Delaware County Public Health director, said Friday.After taking the cat into the house, residents determined the cat was ill, so it was taken to a veterinary office where it began to show signs of neurological problems before dying.Hamilton said the cat died Monday and was confirmed to have rabies ...

  • Mon, 26 Oct 2009 23:41:32 GMT
    Capmark Financial Files Chapter 11 (Fox News)
  • Capmark Financial Group, a large commercial real-estate lender, filed for Chapter 11 bankruptcy protection on Monday in Delaware.

  • Wed, 21 Oct 2009 08:56:10 GMT
    State's September home sales increase (The News Journal)
  • September's home sales added more evidence that areas of the residential real estate market are stabilizing in Delaware and the greater Philadelphia region.

  • Mon, 19 Oct 2009 08:09:59 GMT
    On the Bright Side: Head Start to celebrate the outdoors (The Daily Star)
  • The children at Arkville Head Start will soon have a new outdoor play space, and they will be heading outside this week for special programs to increase play while celebrating the environment.Delaware Opportunities is one of 351 recipients nationwide of a $5,000 grant from the Head Start Body Start National Center for Physical Development and Outdoor Play.Beginning today and running through ...