+ April 21; NAIOP Breakfast, Calgary Petroleum Club, Joe Miller presenting proposed amendments to Downtown Land Use Bylaw; info/register
+ May 3 ; Edmonton Real Estate Forum ; info/register + May 14 & 15; National Women In Business Expo, Big 4 Building, StampedePark, Calgaryinfo/register + May 17; Saskatchewan Real Estate Forum, TCU Place, Saskatoon; info/register + May 26; IFMA, 18th Annual Golf Tournament, Lynx Ridge, Calgary; info/register
+ Brookfield New Horizons Income Fund closed $130 million equity issue
+ Canadian Western Bank is on the market to raise $250 million in senior unsecured debt
+ Zillow Inc. is on the market to raise $51.75 million by an IPO of equity
GOLF JOKE
Two friends were on 18th hole at their favourite course. The first one on the tee said, “If I par this hole, I finally break 100!”. Instead of laying up, he proceeded to take a massive swing, hoping to hit the ball past a huge ravine 250 yards away. Sadly, his ball landed directly into that same ravine. Not wanting to give up a stroke, he decided to go down there and hack it out and, with some luck, still manage a par. Deciding on a 7-iron over the safer 9-iron, the man tromped down into the ravine and, after much searching, finally located his ball. Sadly, his ball lay next to a skeleton of another golfer who had obviously died down there. Yelling up to his friend, the guy said, “You won’t believe this -- I found a dead body next to my ball! The poor soul is just laying here -- and with a 7-iron in his hand, too. I guess he had a heart attack or something.” His friend up above yelled down saying, “That’s terrible! What do you want to do?” At which point, the friend in the ravine responded, “Send me down the 9-iron. Obviously, the 7-iron won’t get me out of here!”
Mark Kolke, Editor/Publisher
QUOTES
“Anything important is never left to the vote of the people. We only get to vote on some man; we never get to vote on what he is to do”- Will Rogers
INFRASTRUCTURE/P3/GREEN/LEED
+ negotiations between the Calgary Airport Authority and the city of Calgary city are continuing; the airport is building a new 4,270-metre runway, which forced the closure of Barlow Trail between 48th Avenue and Airport Road N.E. earlier this month; the tunnel would compensate for the loss of that route to the airport
+ BowCity Power have teamed with Fluor Canada Ltd. in planning a 1,000 megawatt coal fired power plant to be built south-east of Calgary; capital cost to be $2.9 billion
+ Davis+ Henderson Corporation closed its acquisition of Mortgagebot LLC
+ Imperial Oil’s shipments of Kearl mine equipment constructed in South Korea are stalled in Idaho; shipments now further delayed by a Montans judge’s temporary injunction against the 200 truckload shipments
+ Standard Life Investments closed $50.6 million acquisition of Centron properties
+ Trinidad Drilling Ltd. expanded its 2011 CapEx budget to $80 million
+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.
FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher
