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All Press Releases for Sep 17th, 2012 »
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At Bee Pny Crwe Br Stock Report Atlantic Power Corp Strategic Hotels Reso

[Strategic Hotels & Resorts, Inc. has closed on the acquisition of the JW Marriott Essex House Hotel in New York City for a gross purchase price of approximately $362.3 million] Sep 17th, 2012. 

United States (FreePressBox.com) Sep 17th, 2012 -- 

Atlantic Power Corporation (NYSE:AT) reported its distribution for the month of September 2012. A dividend of Cdn0.09583 per common share will be payable on October 31, 2012 to holders of record at the close of business on September 28, 2012. Strategic Hotels Resorts, Inc. (NYSE:BEE) (Company) reported that it has closed on the acquisition of the JW Marriott Essex House Hotel in New York City for a gross purchase price of approximately 362.3 million. Strategic Hotels has established a joint venture agreement with an affiliate of KSL Capital Partners, LLC to fund the equity portion of the acquisition. The Company will own 51.0 percent of the joint venture and will serve as the managing member and asset manager. The joint venture closed on a 190.0 million first mortgage financing originated by Bank of America to fund the balance of the purchase price. Marriott International will begin operating the hotel on Tuesday, September 18, 2012. Work will begin immediately on property improvement plans, estimated at 18.3 million, to distinguish the property under the JW Marriott flag. At its regular quarterly meeting of the Companys Board of Directors, Piedmont Natural Gas (NYSE:PNY) reported the declaration of a quarterly dividend on Common Stock of 30 cents per share, payable October 15, 2012, to holders of record at the close of business on September 24, 2012. Crown Equity Holdings Inc. (CRWE) CRWE has launched two online service companies CRWE Direct (www.crwedirect.com) and CRWE Real Estate (www.crwerealestate.com). CRWE launched CRWE Real Estate to provide a global portal for property listings at a fee of only 1 a day. CRWE Real Estate mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages. CRWE Direct is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWENewsWire.com.br publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://CRWENewswire.com.br/disclaimer).

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