Sunday, May 27, 2007

miami real estate investment

Buchanan Surpasses $250M in 2007 Self-Storage Loans

Buchanan Storage Capital, a provider of financial resources to self-storage owners nationwide, surpassed the $250 million mark for year-to-date loan volume. According to the firm, it is on track to close more than $500 million in self-storage loans this year. With offices throughout the country and the support of loan originators in the field, the company says it is financing self-storage properties in every major geographical region. The majority of customers use its Buchanan Fixed Rate Direct program, with additional access to the firms advisory services. The firms parent company, Buchanan Street Partners, is a national real estate investment bank that provides real estate capital and advisory services for owners and developers and investment management for institutional and high-net-worth investors.

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Aston Martin statement on new shareholders

"Aston Martin is pleased to announce the start of a new chapter in its illustrious history following the announcement today that the prestigious sports car manufacturer has been sold to a consortium led by David Richards, John Sinders, Investment Dar and Adeem Investment, ending almost twenty years as part of Ford Motor Company.

"The consortium is a group of sophisticated investors who are committed to the brand, its success and existing business plan which envisages growth, profitability and new products, including the much acclaimed four door concept Rapide, shown for the first time at the Detroit Auto Show in 2006.

"With the full support of the investors, Dr Ulrich Bez remains committed to the future success of Aston Martin and will lead the management team into a new era as its Chief Executive.

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Credit cards pick up fee if you damage rented car

When you try to use your credit card to cover collision damage to a rental car, the rental agent may lie to you about the coverage your card provides. Recently, I received e-mails from two readers reporting on the same scam at two rental companies: Agents told them that although their cards covered damage to the vehicle, they didn't cover the additional "loss of use" fee the car company would collect for the rental revenue lost while a damaged car was out of service. That statement is a flat-out lie.

When you rent a car, you're on the hook for any damage done to that car during your rental, plus loss of use, so you have to find some way to cover your risk. Rental companies, of course, are happy to sell a "collision damage waiver" (CDW) or "loss and damage waiver" -- essentially the same thing -- to absolve you of that risk.

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Around the Towns

DARLINGTON -- The Platteville Chorale will be featured during the Sunday morning worship service March 18 at Darlington United Methodist Church, 546 Park Place, Darlington.

The chorale, under the direction of Greg Dennis, will perform several selections of music during the 10:30 a.m. worship service.

Darlington residents who perform as a part of the chorale include Matt Finkenbinder, Janet George, Marian Howard and Liz Lindstrom. The Darlington United Methodist Church invites the public to share in worship that day and enjoy this special presentation by the Platteville Chorale.

DARLINGTON

Hospice to display quilt at Our Town event

DARLINGTON -- Lafayette County Hospice will be displaying its memorial quilts at the Our Town event in Darlington on March 25.