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Marketwire - Commercial Real Estate
Marketwire - Commercial Real Estate

• Retrocom Mid-Market REIT Announces 2008 Third Quarter Distribution in Combination With a Return to Monthly Distributions
  TORONTO, ONTARIO--(Marketwire - Sept. 16, 2008) - NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE Retrocom Mid-Market Real Estate Investment Trust (TSX:RMM.UN) (the REIT) announced today that the cash distribution for the third quarter of 2008 will be $0.1125 per unit, or $0.45 per unit on an annual basis. The cash distribution for the third quarter of 2008 is for the period from and including July 1, 2008 to and including September 30, 2008 and will be payable on October 15, 2008 to Unitholders of record as of September 30, 2008. The REIT also announced that monthly distributions will recommence with the distribution for the month of October 2008, payable on November 15th, 2008, at an anticipated rate of $0.0375 per unit or $0.45 per unit on an annual basis. The REIT anticipates that it will announce the October 2008 distribution in mid-October 2008.
• Deer Valley Corporation Announces Plan to Idle Sulligent, Alabama Plant and to Consolidate Production in Guin, Alabama
  

  TAMPA, FL--(Marketwire - September 16, 2008) - Deer Valley Corporation ("Deer Valley" or the "Company") (OTCBB: DVLY) announced today that Company is taking steps to idle its Sulligent, Alabama plant and to consolidate its production operations at the company's larger plant located in Guin, Alabama. This move is necessitated by the continuing constriction of the retail housing market during the third quarter of 2008. The consolidation will be coincident with certain staff reductions necessary to align the Company's production capacity with estimated sales levels for the next several quarters."

• Capital Direct Financial, Inc. Goes Live With Loan-Score's Product & Pricing Engine, Automated Underwriting System and Broker Portal
  

  Wholesale Mortgage Banker Rolls Out Web-Based Point-of-Sale Decisioning Solution to All Its Mortgage Business Channels

• 1st Service Solutions, Helping CMBS Borrowers Survive an Ever-Changing Market
  

  GRAPEVINE, TX--(Marketwire - September 16, 2008) - 1st Service Solutions held its third CMBS Borrower Forum in San Diego on September 10th. The forum provided a unique opportunity for conduit borrowers and key commercial real estate industry leaders to discuss creative ways to make conduit loans work more optimally for the borrowers in an ever-changing market! The borrower attendees gained insight and understanding of what can and can't be done on securitized loans, what their options are if their property is in trouble or their loan matures and they can't find alternative acceptable financing. Ethan Penner from CBRE Investors was the featured speaker. Ethan shared his views on the securitization industry as a whole, including how the industry morphed to its current state and where the conduit market, and real estate in general, is anticipated to go next. All the materials from this forum can be found at www.1stservicesolu

• egX Group Changes Trading Symbol to "EGX"
  VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2008) - egX Group (TSX VENTURE:GFG) is pleased to announce that effective at the opening on September 17, 2008, the common shares of egX Group Inc. will commence trading on the TSX Venture Exchange under the symbol "EGX". This change aligns the trading symbol with the Company's corporate name and branding. There is no name change or consolidation of capital. About egX Group egX Group is developing egX, a global securities marketplace designed for the listing and trading of real estate and infrastructure. The Company is preparing to launch its first marketplace in Canada under egX Canada, a wholly-owned subsidiary of egX Group. To achieve global presence and to penetrate international markets under the egX brand, egX Group is partnering with interested parties established in the key international financial centers in Europe, the Middle East, the Asia-Pacific region, and the Americas. Additional information is made available at w
• Home View Announces Launch of Much Anticipated Website, Pricing and Realtor Marketing Program
  

  CHATSWORTH, CA--(Marketwire - September 15, 2008) - Home View, LLC, a nationwide video tour, photography and website company, unveiled a new website, pricing structure and marketing program for real estate industry professionals at a special event on September 13, 2008 in Burbank, CA. The company announced the long-awaited "Get More Listings, Make More Sales" program, which gives real estate professionals the advantage in a down market.

  "We're not just a high quality video tour provider anymore," says Paul Peltekian, President of Home View. "In speaking with the many agents and brokers that are our clients, it is clear that the financial crunch the housing and lending industries are experiencing is beginning to trickle down. We're proud to say that we've developed a marketing program for agents that provides maximum exposure for the fewest dollars spent. This will lead to agents getting more listings and making more sales."

• HOK and Biomimicry Guild Form Alliance to Integrate Nature's Innovations in the Design of Buildings, Communities and Cities Worldwide
  

  Relationship Will Expand Mainstream Application of Bio-Inspired Design; Projects Under Way in India, With Developing Opportunities in North America and the Middle East

• Charter Real Estate Investment Trust (TSX-V: CRH.UN) Announces Distribution of $0.01333 Per Unit
  TORONTO, ONTARIO--(Marketwire - Sept. 15, 2008) - Charter Real Estate Investment Trust ("Charter REIT")(TSX VENTURE:CRH.UN) is pleased to announce a $0.01333 per unit distribution for September 2008. The distribution will be paid on October 15, 2008 to unitholders of record on September 30, 2008. Charter REIT currently has 18,016,858 trust units outstanding. Distribution Reinvestment Plan Charter REIT offers a distribution reinvestment plan whereby residents of Canada may elect to have their cash distributions reinvested in additional units of Charter REIT. To date, approximately 27% of the total issued and outstanding units have enrolled in the plan.
• Royal Host REIT Announces Distribution of $0.055 to Unitholders
  CALGARY, ALBERTA--(Marketwire - Sept. 15, 2008) - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) ("Royal Host") has declared a distribution of $0.055 per unit, payable October 15, 2008, to Unitholders of record on September 30, 2008. This distribution is the 131st consecutive monthly distribution to Unitholders and brings the total funds distributed to $7.52 per unit since Royal Host's inception. Royal Host is a uniquely diversified hospitality trust that delivers Unitholder value through hotel ownership, investment, management and franchising. Royal Host's portfolio of Canadian hotels operates under a variety of recognizable brands as well as a number of unbranded properties. The Trust's hotel portfolio is further enhanced by a stable franchising business, a successful hotel management operation, and a portfolio of publicly-traded securities from within the hospitality and service sectors.
• Developers Diversified Realty Declares Third Quarter 2008 Class H and Class I Preferred Share Dividends
  

  CLEVELAND, OH--(Marketwire - September 15, 2008) - Developers Diversified Realty (NYSE: DDR), the nation's leading owner, developer and manager of market-dominant shopping centers, declared its third quarter 2008 Preferred Class H stock dividend of $0.460938 per depositary share and Preferred Class I stock dividend of $0.46875 per depositary share.

  Each Class H depositary share is equal to one-twentieth of a share of Developers Diversified's 7.375% Class H Cumulative Redeemable Preferred Stock. The declared Preferred Class H dividend covers the period beginning July 15, 2008 and ending October 14, 2008. The declared Preferred Class H Dividend is payable October 15, 2008 to shareholders of record at the close of business on October 1, 2008.

• Stantec Announces Retirement of Chief Financial Officer and Names Successor
  EDMONTON, ALBERTA--(Marketwire - Sept. 15, 2008) - Stantec (TSX:STN) (NYSE:STN) today announced that Don Wilson, Senior Vice President and Chief Financial Officer (CFO), will retire from his role on December 31, 2008. Dan Lefaivre, currently the Vice President, Finance & Treasury, will a