News | EDGE Asset Management

AP – Dell’s second-quarter net income rose 63 percent on stronger spending by corporations and government agencies. But its stock dropped as revenue fell short, and the computer maker lowered its revenue forecast. Yahoo! News: Business News

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August 16, 2011

by Oriah

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Dell, fall, forecast, lowers, revenue, shares

“How much money do you estimate was lost?” We put this question to a multifamily owner who operated several complexes totaling nearly 500 units. His answer was unbelievable. “Nearly $ 200,000 over three to four years.” Our next question was obvious…”

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August 16, 2011

by Oriah

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$200000, Complex, Find, Loses, Losing, Money, Much, Multifamily, Nearly, Owner

According to the July 2011 STR/McGraw Hill Construction Dodge Pipeline Report, the total active U.S. hotel development pipeline comprises 2,990 projects totaling 323,070 rooms. This represents a 10.1-percent decrease in the number of rooms in the total active pipeline compared to July

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August 16, 2011

by Oriah

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Construction, Drops, from, Hotel, Last, Pipeline, U.S., Year

With very strict competition ongoing in the property rental market, it is vital for both property managers and owners to maintain a positive representation with the tenants. The basic aspect of this business is to keep properties occupied with valuable, quality tenants while giving th

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August 16, 2011

by Oriah

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Longer, Retain, Tenants, Ways

CDM Property Investments LLC acquired two office buildings at 3800 and 3810 Inverrary Blvd. in Lauderhill, FL from Horizon Lending LLC for $ 4.6 million, or about $ 38 per square foot. The deal includes two four-story office properties that were constructed in 1984: a 71,000-square-fo

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August 16, 2011

by Oriah

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$4.6M, Acquisition, Closes, Horizon, Lending

After more than a decade, Oxford Global Resources is relocating its engineering and IT division, Oxford International, to the Corporate Center at The Gardens located at 4200 Northcorp Parkway in Palm Beach Gardens, FL. The firm plans to relocate from the 25,000-square-foot, single-ten

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August 16, 2011

by Oriah

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after, Beach, Decade, Jupiter, Oxford, Palm, Relocating

Reuters – U.S. stocks ended lower on Tuesday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about euro zone leaders’ ability to contain the region’s sovereign debt woes. Yahoo! News: Business News

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August 16, 2011

by Oriah

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after, days, down, ends, gains, Reuters, Street, Wall

Reuters – Dell Inc posted quarterly revenue slightly below expectations and said sales for the present quarter would be flat, sending its shares down 4.9 percent in after-hours trading. Yahoo! News: Business News

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August 16, 2011

by Oriah

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Dell, disappoints, down, outlook, Reuters, shares

A sudden and unexpected burst in private-sector downsizing pushed the number of announced job cuts to a 16-month high of 66,414 in July, according the latest report on downsizing activity by outplacement consultancy Challenger, Gray & Christmas Inc. The 66,414 job cuts last month

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August 16, 2011

by Oriah

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gains, Ground, Layoffs, Losing, Private, Sector, Surging

Reuters – Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $ 123 million of mortgage securities it bought. Yahoo! News: Business News

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August 16, 2011

by Oriah

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Allstate, Debt, Goldman, losses, mortgage, over, Reuters, sues

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Dell lowers revenue forecast, shares fall (AP)

How Much Money Is Your Multifamily Complex Losing? Owner Loses Nearly $200,000 – Find Out Why

U.S. Hotel Construction Pipeline Drops 10% from Last Year

5 Ways to Retain Tenants Longer

Horizon Lending Closes $4.6M Acquisition

Oxford Relocating to Palm Beach After a Decade in Jupiter, FL

Wall Street ends down after 3 days of gains (Reuters)

Dell outlook disappoints, shares down (Reuters)

Private Sector Job Gains Losing Ground to Surging Layoffs

Allstate sues Goldman over mortgage debt losses (Reuters)