Mark Kolke, President of MaxComm Realty Advisors, MaxComm Communications and Plandflex Corporation, has been working in real estate finance, management, leasing, sales and consulting work in Alberta for twenty-eight years. His license to practice real estate in Alberta is sponsored by MaxWell South Star Realty where he is an Associate dealing in commercial, residential and agricultural properties. He moved back to Calgary eleven years ago after twenty- seven years in Edmonton. He advises tenants, buyers, developers and institutional clients on issues involving residential developments, commercial real estate and public private partnerships (P3s).
+ Calgary’s mayor’s race too close to call:Higgins, McIvor, Nenshi in tight race, balance of the crowded field either dropped out or dropped of the radar
+ Harris Canada Inc. awarded $274 million contract for avionics maintenance on CF-18 aircraft
+ municipal elections throughout Alberta today
+ Potash Corp. wrangle continues as Sask gov’t & pension funds strategize to block or overtake the BHP Billiton takeover bid
NEWS REVIEW Oct. 12 - 17
+ Apache Corp. announced that its subsidiary has completed its acquisition of substantially all of BP's upstream natural gas business in western Alberta and British Columbia
+ Baytex Energy Trust announced it will convert to a corporation structure
+ Flint Energy Services Ltd. awarded $78 million contract extension for work on Suncor Energy's Firebag SAGD projects for site-wide construction and commissioning services
+ Freehold Royalty Trust will convert to a corporation structure to be known as Freehold Royalties Ltd.
+ Great Plains Exploration Inc. is seeking court approval for its Plan of Arrangement to acquire Avenir Diversified Income Trust
+ NAL Oil & Gas Trust will convert to a corporate structure; details to be announced Oct. 20
+ Oxford Properties launched marketing of its AirportBusinessPark; $500 million development (104 hectares), master planned commercial development project
+ Statoil and Talisman have formed a 50/50 joint venture for purpose of developing assets in the Eagle Ford shale in a $1.325B transaction
+ U.S. foreclosure crisis continues to paralyze housing market in many states, having major impact on economy
+ U.S.: Obama admin. ends deepwater drilling ban, but it's unclear how quickly idled oil rigs can go back to work in the Gulf of Mexico
+ Wealthstreet Inc. charged by Alberta Securities Commission with illegal trading in securities in raising $3.3 million from Alberta investors
+ Brad Thiessen to VP Land @ Tundra Oil & Gas Partnership
+ Deborah Close to Pres. @ Concord Well Servicing
+ Ian Turnbull to Pres. Industrial Group @ Aecon Group Inc.
+ Marc Rowland, CFO @ Chesapeake Energy Corp. resigned
INFRASTRUCTURE/P3/GREEN/LEED
+ Alberta Health Services entered into a settlement deal with Networc Health Inc.; details have not been disclosed but it appears the Cambrian project built to house Networc’s expansion will be idle as the new McCaigTower at the Foothills Medical Centre
COMMENTARY
+ conference week in our industry; this Wednesday, the Calgary Real Estate Forum – then Thursday is the Leasing Conference (I’m moderating a great session with Peter Stack, Damien Mills and Alex Wong as panelists …… should be a fabulous session) ….. I’ll report highlights next week.
SAVE THE DATE/upcoming events:
+ Oct. 17-23 – Small Business Week in Canada
+ Oct. 20 – Calgary Real Estate Forum, TELUS Convention Centre, Calgary + Oct. 21 – Calgary Real Estate Leasing Conference, TELUS Convention Centre, Calgary; register + Oct. 27; Pemberton Energy Ltd., AGM, Vancouver + Oct. 29-30 – Calgary Career Show – info/register e-mail contact: Julie Ball + Nov. 3-4 – 11th Annual BUILDEX Calgary, BMO Centre, Calgary + Nov. 22 & 23; P3 2010 SHIFTING INTO HIGH GEAR, Toronto; register + Nov. 30 – Dec. 2; Real Estate Forum, Metro Toronto Convention Centre; registration – David Podmore + Andrea Stephen co-chairs + Nov. 30 – Dec. 2; Canada-U.S. Northern Oil and Gas Research Forum , Calgary + Jan. 18 – Calgary Real Estate Board’s 2011 Forecast Conference & Tradeshow; BMO Centre, Stampede Park, Calgary – Info/Register+ Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium
+ 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
