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NEW YORK, NY -- (Marketwire) -- 08/06/12 -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE: ARI) today reported Operating Earnings (a non-GAAP financial measure as defined below) of $8.5 million, or $0.41 per share, for the three months ended June 30, 2012, representing a per share increase of 2.5% as compared to Operating Earnings of $7.1 million, or $0.40 per share, for the three months ended June 30, 2011. Net income for the three months ended June 30, 2012 was $9.9 million, or $0.47 per share, as compared to net income of $6.5 million, or $0.37 per share, for the three months ended June 30, 2011. For the six months ended June 30, 2012, the Company reported Operating Earnings of $17.3 million, or $0.83 per share, representing a per share increase of 20% as compared to Operating Earnings of $12.1 million, or $0.69 per share for the six... (more)

Avison Young adds powerhouse commercial real estate team to New Jersey office

Significant new hires expand firm's New Jersey presence; William E. McCaffrey joins as a Principal MORRISTOWN, NJ, Oct. 17, 2012 /PRNewswire/ - Jeffrey L. Heller, Avison Young Principal and Managing Director of the company's New Jersey office, announced today the hiring of a highly-experienced team of commercial real estate professionals to join the firm's newly-established New Jersey office as part of the firm's aggressive Tri-State market growth. Effective immediately, William E. McCaffrey joins Avison Young as a Principal. McCaffrey, who brings more than 26 years of commercial real estate experience to his new role, was most recently an Executive-Vice President with CBRE in New Jersey, specializing in both tenant and landlord representation. Additionally, Peter C. Hedley and Timothy J. Cadigan join Avison Young as Vice-Presidents in the New Jersey office. Hedley a... (more)

WBT Interviews Stephen Verhoeff

WBT Interviews... Stephen Verhoeff President and CEO CSI Wireless A Canadian's passion for technology leads to a new generation of GPS-wireless products for improved communications throughout the Americas. WBT: I understand your entry into the wireless space was from real estate. Isn't that rather unusual? SV: I graduated from the University of Calgary in 1986 and thought it would be fun to get involved in commercial real estate. Back then Calgary's real estate market was heavily dependent on crude oil prices, because the Alberta economy was made up primarily of petroleum producers, refiners, marketers, and service companies. Every time crude prices slumped, so did Alberta real estate prices. After a while, I saw a trend: technology companies were starting up - some led by former oil industry personnel - and gradually reducing Alberta's economic dependence on petrole... (more)

Austin Area Commercial Real Estate Portal Launched

The Austin Business Journal and Xceligent today announced the launch of Austin bizspace, a powerful new commercial real estate site for brokers, owners and related professionals to market services and assets to Austin area decision makers. Traditionally, the marketing of commercial real estate services and properties has largely been through print-based media. Now, via the Austin Business Journal website with nearly 300,000 monthly page views, Austin bizspace will deliver a comprehensive online vehicle for commercial real estate professionals to target local and national business decision makers. "Commercial real estate is a key sector for readers of the Austin Business Journal, and a key economic segment for the Central Texas economy," Austin Business Journal Publisher Lyn Chasteen said. "Through our collaboration with Xceligent, we will be able to offer another la... (more)

Commercial Real Estate Goes Wireless

By applying Web-based and wireless technologies, real-estate owners can achieve astounding efficiencies that can drive revenues up and operating costs down, thereby enhancing the value of their properties. Whoever said, "If it ain't broke, don't fix it," didn't know much about commercial real estate. The process ain't broke. It works, but it's clunky. For example, most commercial real estate service requests involve a handwritten/phone/fax method for initiating and responding to service requests. But the inefficiencies - brought on by poor communications and way too much paperwork along the chain - reduce service levels and, consequently, occupancy rates. By applying Web-based and wireless technologies, real estate owners can achieve astounding efficiencies that can drive revenues up and operating costs down, thereby enhancing the value of their properties. Other in... (more)

Intelligent Infrastructure: Clouds for Commercial Real Estate

If they plan to remain viable in today's markets, now is the time for real estate firms to make some dramatic changes by offering intelligent amenities in their commercial properties. How do we prop up our dying shopping center? How do we develop and maintain more business for our stadium? How do we raise our commercial properties' occupancy from 45% to 85%? These questions are being asked more and more in the commercial real estate industry as the economy remains in a slump in many locations. Many executives are baffled because their usual management techniques are not working. In addition, assessments and property appraisals that overlook or discount technology within the property's infrastructure are inadequate at best, and totally erroneous at worse. Cloud Computing Real Estate A downtown office building appraises out at $230,000,000 and the buyer thinks they ... (more)

SAP Puts Money in Alteryx

SAP's Venture Fund has tucked $6 million in A Series money into so-called geographic business intelligence software developer Alteryx Inc to support its infrastructure build-out, go-to-market execution and possible acquisitions. Alteryx targets Fortune 500 and mid-market companies in the automotive, retail, commercial real estate, telecommunications, cable, manufacturing and finance industries as well as government and university customers. Its technology is delivered in desktop, server and public/private cloud computing environments. The 14-year-old California company claims a quarter of a million users worldwide including 30% year-over-year growth and record customer acquisition in 2010. SAP Ventures get a board seat. ... (more)

Wi-Fi, DAS and Entertainment Complexes

The combination of Wi-Fi and DAS (Distributed Antennae Systems) communications technology is becoming a new intelligent amenity in many sports stadiums for enhancing the fan experience by having apps like Stadium VIP and others providing new services available at your fingertips through your Smartphone. Just as we have next-generation Intelligent Business Campuses (IBCs) and Intelligent Industrial Parks being developed and occupied worldwide, another segment of commercial real estate is starting to evolve to its next generation utilizing intelligent amenities: the Intelligent Retail/Entertainment/Convention (IRECs) Complexes. The IREC Complex is the next-generation campus that provides a layer of broadband connectivity as a shared intelligent amenity that the campus can provide to sophisticated consumers who want a richer experience using their smartphone applicat... (more)

SyndicIT Services Corporation Chooses DocuSign Electronic Signature Service for Signing Leases and Contracts in the Multihousing Industry

Austin, TX, February 01, 2011 --(PR.com)-- “Syndi” the Desktop Electronic Avatar and Virtual Property Assistant Now Offers Electronic Signature Services SyndicIT’s Integration with DocuSign Enables Users to Seamlessly Move Online Documents for Electronic Signature SyndicIT Services Corporation today announced that its digital document and content management service, designed specifically for use in the multihousing and commercial real estate markets, has completed a seamless integration with DocuSign’s electronic signature service. With DocuSign, the SyndicIT system, designed for property leasing offices and for enterprise-wide use across corporate business departments such as legal, vendor and supplier management and human resources, now provides end-to-end document processing from creation to signature to digital storage. “SyndicIT and ... (more)

LoopNet Ranks Among the Nation's Fastest-Growing Technology Companies, According to Deloitte & Touche

SAN FRANCISCO, Nov. 1 /PRNewswire-FirstCall/ -- LoopNet, Inc. , which operates the largest online commercial real estate marketplace, ranks among the nation's fastest-growing technology companies based on revenue growth, according to Deloitte & Touche USA LLP. Each year, the accounting and consulting firm ranks U.S. companies based on five-year revenue growth. For the period from 2002 through 2006, LoopNet recorded revenue growth of 590%, earning the company the 265th spot on Deloitte's 2007 Technology Fast 500 list. LoopNet also ranks 22nd on Deloitte & Touche's Silicon Valley Technology Fast 50 (Internet, Media & Entertainment and Communication category), which is based on revenue growth during the same five-year period. LoopNet has been named to the Deloitte Technology Fast 500 list for three consecutive years. "We are honored to be recognized by Deloitte & Touc... (more)

Avison Young Expands Into Florida, 30 members Join From Flagler

Pike Rowley becomes Managing Director, South Florida; expansion adds 3.4 million square feet to Avison Young's property management portfolio TORONTO, Oct. 1, 2012 /PRNewswire/ - Mark E. Rose, Chair and CEO of Avison Young, Canada's largest independently-owned commercial real estate services company, announced today that it has expanded its operations into Florida. Effective immediately, 30 members from South Florida's leading brokerage and property management firm Flagler Real Estate Services, LLC (FRES) join Avison Young, forming the nucleus for Avison Young's entry into the Florida commercial real estate markets. The move further expands Avison Young's market coverage in the Southeast U.S. Avison Young's new Florida operations will be headquartered in Fort Lauderdale, with branch offices in Boca Raton and Miami. The newest American offices collectively represent Av... (more)