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Williams Scotsman to Acquire ModSpace

Williams Scotsman to Acquire ModSpace

BALTIMORE, Jun. 22 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today announced that it has entered into a definitive agreement to acquire Modular Space Holdings, Inc. (“MS Holdings”), the parent holding company of Modular Space Corporation (d/b/a [...]

Madison Realty Capital Provides $167.5 Million of Financing to Restructure Madison Square Park Tower, Luxury Condo Project at 45 East 22nd Street

Madison Realty Capital Provides $167.5 Million of Financing to Restructure Madison Square Park Tower, Luxury Condo Project at 45 East 22nd Street

NEW YORK, Jun. 11, 2018 (Korea Bizwire) — Madison Realty Capital (MRC) closed a $167.5 million first mortgage loan collateralized by Madison Square Park Tower, a luxury condominium development located at 45 East 22nd Street in the Madison Square Park neighborhood of Manhattan.  In a complex multi-party transaction MRC rapidly delivered financing to Ian Bruce Eichner [...]

Algeco Announces Management Change

Algeco Announces Management Change

BALTIMORE, Jun. 4 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that James O’Malley, its former European General Counsel, has been appointed Group General Counsel following the concurrent resignation of Azuwuike Ndukwu, who [...]

Algeco Releases First Quarter 2018 Financial Report

Algeco Releases First Quarter 2018 Financial Report

BALTIMORE, May 30 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it has posted its first quarter 2018 financial report at http://www.algecoscotsman.com/en/investors.html. The slide presentation to accompany the previously announced first quarter [...]

Algeco Announces First Quarter 2018 Financial Results Conference Call

Algeco Announces First Quarter 2018 Financial Results Conference Call

BALTIMORE, May 22 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it will hold its first quarter 2018 financial results conference call on Tuesday, June 5, 2018 at 10:00 a.m., Eastern Time. [...]

Colliers International Issues €210 Million of Senior Notes

Colliers International Issues €210 Million of Senior Notes

TORONTO, May 17 (Korea Bizwire) — Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) (“Colliers“) announced today that it has reinforced its already-strong balance sheet with the issuance of €210 million of senior unsecured notes, with a ten-year term and a fixed interest rate of 2.23%. The senior notes were placed privately and rank equally with Colliers’ [...]

Colliers International to Make Transformational Strategic Investment in Harrison Street Real Estate

Colliers International to Make Transformational Strategic Investment in Harrison Street Real Estate

TORONTO and CHICAGO, May 14 (Korea Bizwire) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced it has agreed to make a transformational, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real estate investment firms dedicated to the education, healthcare and [...]

IFMA Rolls Out Week-long Celebration of Facility Management in Honor of World FM Day

IFMA Rolls Out Week-long Celebration of Facility Management in Honor of World FM Day

HOUSTON, TEXAS, USA, May 14 (Korea Bizwire) — The International Facility Management Association (IFMA) is joining members, partners and collaborators from around the world in a week-long celebration of facility management (FM). World FM Day, which falls on May 16 this year, recognizes the professionals who diligently work to ensure the global built environment is [...]

Williams Scotsman Announces First Quarter 2018 Results and Reaffirms 2018 Outlook

Williams Scotsman Announces First Quarter 2018 Results and Reaffirms 2018 Outlook

BALTIMORE, May 3 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman” or the “Company”) today announced its first quarter 2018 financial results and reaffirmed its outlook for 2018. Williams Scotsman First Quarter 2018 Highlights1,2 Revenues of $134.8 million, representing a 35.8% (or $35.5 million) year over year increase, driven by organic growth of approximately 12.0% [...]

Madison Realty Capital Provides $35 Million Mezzanine Loan for 611 West 56th Street Condominium Development in Hell’s Kitchen

Madison Realty Capital Provides $35 Million Mezzanine Loan for 611 West 56th Street Condominium Development in Hell’s Kitchen

NEW YORK, Apr. 25 (Korea Bizwire) — Madison Realty Capital (MRC) provided a $35 million mezzanine loan to co-developers Sumaida + Khurana and LENY for a new condominium tower located at 611 West 56th Street in the Hell’s Kitchen neighborhood of Manhattan. The funding is part of a $155 million construction financing package for the [...]