Investments Blog
CBRE promotes O’Donnell to vice chairman
CBRE promoted Brady O’Donnell to vice chairman, the highest producer ranking at the firm. Part of the firm’s Capital Markets, Debt & Structured Finance, O’Donnell has been directly involved in originating, underwriting, structuring and closing more than 450 transactions over the course of his career, totaling over $7 billion in loan volume. Based in Denver, …
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Slipstream pays $102.25 million for Springs portfolio
Slipstream Properties purchased the portfolio, which includes 1,178 units of Class B and C apartments in seven complexes predominately located in southern and eastern Colorado Springs.
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Bascom Group buys DU area apts. for $92.5 million
The Bascom Group LLC paid $92.5 million, or $336,364 per unit, for the Class A, 275-unit community at 1910 S. Josephine St. in Denver, by the University of Denver.
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Food bikes and food trailers — city shows appetite for novel street vendors
Sacramento could see an increase in the number and types of food vendors on city streets and sidewalks, if the City Council moves forward with an agenda brought before a city committee.
Fogo de Chao gets a big helping of free marketing from Twins’ Eduardo Escobar
After a two-hit, three-RBI game on Tuesday, MLB Network asked Minnesota Twins infielder Eduardo Escobar where his hitting power was coming from. His answer? “A lot of Fogo de Chao.”
On June 7, it was the same story. Another hot-hitting game, another Fogo shout-out. A reporter after the gameasked Escobar what his dinner plans were for the night.
“14 million percent Fogo de Chao.”
The Minnesota Twins play again tonight. It's not clear if Escobar is playing — he got hit on the elbow by…
MSO, musicians reach labor deal that raises pay, expands schedule
The Milwaukee Symphony Orchestra and its musicians, represented by Local 8 of the American Federation of Musicians, have reached a four-year contract agreement that includes salary increases and an expansion of the concert schedule.
The new contract, in effect through the 2021-2022 season, allows for salary increases of 1.75 percent in the first year, a 3 percent bump in year three and a 3.5 percent increase in year four. Over the course of the contract, the base salary will increase to $70,722.96,…
Nashville brewery targets Kansas City’s largest brewery in trademark lawsuit
TailGate Beer, one of the most aggressive players in Nashville's increasingly crowded brewery industry, is taking legal action against a Midwestern power player.
In a lawsuit filed earlier this week in federal district court, TailGate accuses Kansas City-based Boulevard Brewing Co. of copyright and trademark infringement. At issue: Boulevard's recent rebranding of its pale ale with a pickup truck image that the Nashville brewery considers “substantially similar” to its own. The image below, included…
Can this robot burger restaurant opening next week in San Francisco live up to the hype?
Soon San Francisco will be home to the first fully robot-made burger restaurant, thanks to culinary robotics startup Creator. The restaurant — which shares the company’s name — will open to the public June 27, offering a smattering of gourmet burger options for only $6 a pop, reports Eater.
Creator isn’t alone in its use of robots in the food industry, with Bay Area culinary robotics startups having varying degrees of success. Robotic assistants are drawing more and more appeal as the…
Bham approves $1.5M in construction costs for Michael’s location at museum
Birmingham has approved plans for a restaurant to relocate to a history museum downtown.
The recently revived Public, Athletic, Cultural and Entertainment (PACE) Facilities Board passed a $1.5 million funding agreement with the city of Birmingham to build a new restaurant space for Michael’s Steaks & Seafood at the Negro Southern League Museum.
For the build-out, the city will provide a minimally finished interior with ceilings, lighting, plumbing, HVAC, interior walls, electrical outlets,…
Bay Area bakery giant plans East Coast expansion as it aims to double business in five years
The baked goods manufacturer started as a small cafe in the Richmond District that made just $300 a day in sales. It now employs more than 300 people.