article thumbnail

Platinum Equity to Sell NESCO

Construction Equipment

Platinum Equity has signed a definitive agreement to sell NESCO to an affiliate of Energy Capital Partners LLC (ECP). The sale is expected to close during the first quarter of 2014. Terms of the agreement were not disclosed. Based in Fort Wayne, Ind.,

Equity 64
article thumbnail

U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

real estate recovery is set to continue into 2014, with investors increasingly looking beyond some of the traditionally popular markets to secondary markets in search of higher yields, according to Emerging Trends in Real EstateĀ® 2014 , co-published by PwC US and the Urban Land Institute (ULI). Posted by Heidi Schwartz .

ULI 83
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

A borrower obtaining an FHA-insured mortgage pays $43,797 over the life of the loan in mortgage insurance (MIP) compared to only $31,908 in the case of loan backed by Fannie Mae/Freddie Mac where the borrower stops paying the monthly private mortgage insurance (PMI) on year 9 when equity reaches 20% the prior year.

Finance 100
article thumbnail

Halliburton, Baker Hughes to Merge

Construction Equipment

per Baker Hughes share, representing an equity value of $34.6 12, 2014, the day prior to public confirmation by Baker Hughes that it was in talks with Halliburton regarding a transaction.' Halliburton Co. and Baker Hughes Inc. The transaction is valued at $78.62 billion and enterprise value of $38.0

Equity 55
article thumbnail

Former Ingersoll-Rand President Dies

Construction Equipment

31, 2014 at Springfield Hospital in Springfield, Vt. Uber was a seasoned manufacturing executive and for the past 10 years, a private equity investor. Barry Uber, former president of construction and mining for Ingersoll-Rand Co., died Wednesday, Dec. He was 69 years old. Uber worked at Ingersoll-Rand for 30 years.

Equity 48
article thumbnail

Ingersoll-Rand President Dies

Construction Equipment

31, 2014 at Springfield Hospital in Springfield, Vt. Uber was a seasoned manufacturing executive and for the past 10 years, a private equity investor. Barry Uber, president of construction and mining for Ingersoll-Rand Co., died Wednesday, Dec. He was 69 years old. Uber worked at Ingersoll-Rand for 30 years.

Equity 48
article thumbnail

Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

Capital availability from a wide range of equity sources also is expected to improve in 2014, with increased activity by institutional forces. A count of 203 interviews were completed in conjunction with the 2014 Akerman Summit. Interviews took place between January 20 ā€“ February 7, 2014.