Banyan Investment Group Acquires and Will Operate 110-Room Courtyard by Marriott Houston Pearland in Texas

HOUSTON--(BUSINESS WIRE)-- Banyan Investment Group, an Inc. 5000 recognized hotel investment and management company that acquires and manages select-service hotels in the United St

Full ArticleThu Jun 20, 2019 7:56am EST

Mitsubishi Electric US, Inc. Opens New Office in Boston

CYPRESS, Calif.--(BUSINESS WIRE)-- The Elevator & Escalator Division of Mitsubishi Electric US, Inc., headquartered in Cypress, California, announces the opening of its newest offi

Full ArticleThu Jun 20, 2019 7:05am EST

QuickDrain Linear Drains Featured on This Old House TV

DENVER--(BUSINESS WIRE)-- The virtually invisible linear WallDrain from QuickDrain USA will be featured in an upcoming episode of the Emmy Award-winning television show THIS OLD HO

Full ArticleThu Jun 20, 2019 7:05am EST

Wynnchurch Capital Acquires MPL Holdings, LLC

ROSEMONT, Ill.--(BUSINESS WIRE)-- Wynnchurch Capital, LLC (“Wynnchurch”) announced that it has acquired MPL Holdings, LLC ("MPL"). MPL is a leader in cultured marble products for t

Full ArticleWed Jun 19, 2019 1:50pm EST

Austin Niemiec Named New Executive Vice President of Quicken Loans Mortgage Services, the Fastest Growing Lender Serving the Needs of Mortgage Brokers

DETROIT, June 19, 2019 /PRNewswire/ -- Quicken Loans Mortgage Services (QLMS), the second largest mortgage lender serving the needs of brokers, regional banks and credit unions, today announced that Austin Niemiec has been named Executive Vice President.

Full ArticleWed Jun 19, 2019 8:49am ESTQuicken Loans Mortgage Services

Bascom and The Axton Group Acquire 374-Unit and 112-Unit Apartment Communities in Colorado Springs, CO for $41.15 Million

IRVINE, Calif., June 19, 2019 /PRNewswire/ -- The Bascom Group, LLC ("Bascom") in partnership with an affiliate of The Axton Group ("Axton") has acquired Summer Grove Apartments ("Summer Grove") and Tanglewood Apartment Homes ("Tanglewood"), two adjacently located apartment communities in Colorado Springs, Colorado. Summer Grove and Tanglewood were constructed in 1971 and 1972, respectively, and are located at 3802 & 3803 Half Turn Road, Colorado Springs, Colorado. Bascom purchased Summer Grove, a 374-unit community, for $31,000,000, or $82,887 per unit. Tanglewood, a 112-unit community, was purchased for $10,150,000, or $90,625 per unit. Jake Young at CBRE brokered the transaction. Brian Eisendrath and Annie Rice at CBRE arranged the debt financing with Don Broderick and Erik Frandsen at TCF Bank.

Full ArticleWed Jun 19, 2019 7:33am ESTThe Bascom Group

Hitting a High Note! MCR Acquires the Courtyard by Marriott Newark Downtown

NEW YORK--(BUSINESS WIRE)-- Sweet dreams are made of this: MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 150-room Courtyard by Marriott Newark

Full ArticleWed Jun 19, 2019 7:00am EST

Hampton by Hilton and Iconic Television Personality Alfonso Ribeiro Launch First-Ever ‘Real Travel Road Trip Hotline,’ Offering Interstate Advice for Summer Travelers

MCLEAN, Va.--(BUSINESS WIRE)-- Just in time for the first day of summer, Hampton by Hilton will launch the first-ever Hampton Real Travel Road Trip Hotline, with live operators on

Full ArticleWed Jun 19, 2019 6:36am EST

BigRentz Offers $10K in Scholarships to Students Attending Trade Schools

IRVINE, Calif.--(BUSINESS WIRE)-- BigRentz, the nation’s largest online equipment rental marketplace, is offering a $5,000 scholarship to two students to help cover educational exp

Full ArticleWed Jun 19, 2019 6:30am EST

Chattanooga, TN’s Cumberland Plateau’s Spring Tree Farms Will Be Offered at Auction by Signature Auction House

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Seven Lakes Ranch is privately set amidst 412 prime acres on some of Greater Chattanooga's richest countryside. Protected by conservancy and c

Full ArticleTue Jun 18, 2019 11:00am EST