Elandis sells Amber Ridge for $21m
Elandis sold Amber Ridge Apartments, a 308 unit multi-family development in Las Vegas, Nevada, for a total of $21 million to a real estate investor group active in Southwest USA, following the successful completion of the refurbishment of the built and social environment.
Grace joins forces with Auberge Resorts
Grace Hotels enters into a strategic partnership with Auberge Resorts which sees the two collections united in one portfolio under the Auberge brand, creating an ultra-luxury group with a focus on unique experiences of the highest quality.
The world at Concordia
Concordia convenes the eighth Annual Summit in NYC and welcomes world leaders including royalty, heads of state, diplomats and leading business figures to discuss the most pressing global issues of our time at the most inclusive gathering alongside the United Nations.
Envolve expands to cover more US cities
The Libra-sponsored business plan competition with free funding for early-stage entrepreneurs expands its reach across further US cities including Washington DC, Baltimore, MD, Atlanta, GA, Charleston, SC, Detroit and Flint, MI, and the Greater New York City area.
Delaware Trader container ship delivers into Lomar fleet
Lomar takes delivery of the 2,782 TEU Delaware Trader container ship, the latest brand new vessel in its fleet and the 23rd to arrive from Chinese shipyards since 2011. It begins operations immediately throughout Asia and the Far East.
One year: 11 refugee shelters, 220 children made safe
In just one year, the HOME Project opens 11 shelters accommodating 220 child migrants with educational and social support, creating 130 new jobs, and attracting millions of dollars in funding from founding sponsor Libra, the IKEA Foundation and the Shapiro Foundation.
$55m capital financing to fund LCI acquisitions
LCI closes a $55m capital markets term loan financing, jointly funded by US institutions CIT Group Inc and Prudential Capital Group, to be used in expanding its fleet with six new Leonardo AW139 and AW169 helicopters.
International hotel expansion gathers pace
Elandis acquires the Miramar Hotel near Valencia in Spain, Aria adds the Archipel Mansion and Fileas Art Hotel to its portfolio, whilst Grace Hotels sets out its international expansion plans at the IHIF in Berlin.
Solar power for Central America
Greenwood Energy Latinoamérica launches to bring efficient solar energy systems with 100% financing to offices, hospitals, supermarkets and schools, amongst others, all in Panama and the growing Central American market.
Envolve partners with City of Charleston Business and Neighborhood Services
Former American Entrepreneurship Award expands its business plan competition with interest-free funding opportunities for diverse early-stage entrepreneurs in Charleston, SC
LCI's B747-400F landmark flight to China
LCI's Boeing 747-400F freighters currently on lease to Skylease Cargo arrived in Changsha Huanghua International Airport in August. This was the first time a Boeing 747 had ever touched down at that airport. Jubilant ground crew captured the moment on video. The aircraft, on its first flight under a new long-term contract between Skylease Cargo and a Chinese lobster importer, was carrying over 90 tonnes of lobsters.