Sentences with phrase «longer operate any properties»

Calls to Ocelto Capital Management and Ocelot Properties Management reached a recording, which stated the two companies «have ceased operations and will no longer operate any properties.»

Not exact matches

Some of our actual and potential competitors have advantages over us, such as longer operating histories, significantly greater financial, technical, marketing or other resources, stronger brand and business user recognition, larger intellectual property portfolios and broader global distribution and presence.

Companies that own or operate health care facilities such as hospitals, long - term care facilities, and medical office properties.

As a result, homeowners and other land owners will no longer be paying property taxes to cover the costs of operating two sets of parks and recreational sites.

Harendra Singh, a prominent Long Island restaurateur who operates concession and banquet facilities on government - owned properties, has been connected to various elected officials, records show.

The city recently ruled that a for - profit parking garage operated by Greater Jamaica, which generated millions in revenue, can no longer enjoy tax - exempt status and must pay property taxes.

«Right now, if you operate in New York City and your lease comes up for renewal, [landlords] can jack up your rent three, four, five times what is was, and [then] the property sits vacant for a long time.»

In addition to Indig, prosecutors are also looking into the mayor's relationship with Harendra Singh, who operated a wedding venue in a city - owned property in Long Island City.

Right now, if you operate in New York City and your lease comes up for renewal, [landlords] can jack up your rent three, four, five times what is was, and [then] the property sits vacant for a long time,» he said.

FMCSA has announced in the Federal Register 76 FR 2807 April 13 2011 and also on July 8th 2011 its proposal for the initiation of the United States - Mexico Cross Border Long - Haul Trucking Pilot Program (Pilot) in order to evaluate the ability of motor carrier of property whose principal place of business is in Mexico to operate safely within the United States beyond the municipalities and commercial zones along the U.S. - Mexico border.

It's true: as long as there has been a commercial internet, there have been sites and apps that operated to «share» intellectual property illegally, to indulge in what is colorfully known as piracy.

The investor hopes that despite operating at a loss, the property will appreciate in the long run (and long - term capital appreciation is typically taxed at a lower rate than current income).

The 95 - room rebranded property will be operated by Kew Green Hotels, a long standing operating partner of IHG.

Starwood has more hotels in New York City than anywhere in the world and currently operates 13 hotels here with plans to open six more in 2010, including two new high - profile Sheraton properties in Brooklyn and Tribeca, the W New York Downtown and the Four Points by Sheraton Long Island City.

Many of our clients and referrers operate within these sectors and for many years we have aligned ourselves with the creative industries, building on our long standing credentials for media and intellectual property work.

As such, there was little doubt that the tenant could very well end up having to pay rent through to the duration of the term, notwithstanding that it was no longer operating from the property.

** Ordinary payroll can be included as well, this is a judgment call on your part as to how long you would carry your employees if your business was unable to operate - as it could take months to rebuild or replace damaged property.

While the Korean company and Google have long been allies as a result of their use of the Android operating system, the two companies have not had a formal intellectual property deal until now.

This particular kind of agent operates in a similar way to rental agents who procure and manage longer - term lease relationships, only many work exclusively with Airbnb properties.

Included in the expanding suite of property management responsibilities are such forward - looking, strategic initiatives as establishing a property's operating policies and procedures, collaborating with property owners or boards of directors to develop ownership goals and objectives and preparing long - term financial models, just to name a few.

Health Care REIT expects property - level net operating income to increase 4 percent to 5 percent per year on average over the long term, assuming economic conditions consistent with the current market.

It owns 13 properties and operates 23 under long - term leases, and one is managed only.

«We believe the bifurcation will continue to grow with new, consumer - oriented short - stay properties, such as those transitional care centers we currently develop and operate, dominating the post-acute market, but there will always be the need for longer - term care on a residential basis although more on the assisted - living side than in current long - term care, skilled properties.

But many real estate professionals believe they can operate as if all property is single - family and contracts are still one - page long.

So long as the property in question satisfies the requirements for both Code Sections 1031 and 121, then the Section 121 Exclusion operates to exclude from taxable income either 250,000 or 500,000 in capital gain from the sale, exchange or disposition of the property and any additional gain may be deferred by reinvesting in like - kind replacement property through a tax - deferred like - kind exchange.

After the first property is free and clear, the positive cashflow from that property is no longer $ 9200 but rather the entire Net Operating Income of $ 32.6 k since there no more debt to service.

«The broker was an associate who had been given an exemption by RECA to operate as the broker on a temporary basis, as long as they completed their broker course and exams by June 1,» says Kap Hiroti, vice-president of operations, Real Canadian Property Management.

Current operating performance for the REIT industry is right in its «sweet spot»: over the last four quarters, same - property NOI growth averaged 3.2 percent, consistent with the industry's long - term norm.

On a long - term basis, REITs have managed their properties to achieve consistent growth in net operating income (NOI) in the range of 2.5 percent to 4 percent per year on a same - property basis, according to the T - Tracker ® quarterly operating performance series published by Nareit.

Staubach's financial services division structured long - term lease agreements allow Rhode Island - based CVS to continue to operate and control the properties.

Our extensive experience and long - term track record of 450 closed senior housing transactions in excess of $ 4.5 billion, and our successful acquisitions of senior housing properties provides us with the knowledge and expertise to allow you the freedom to do what you do best: focus 100 % on operating a top - level facility, with the necessary capital to make it happen.