NVR, Inc. (NYSE:NVR), one of the nation’s largest homebuilding and mortgage banking companies, announces the construction of new luxury townhomes at Lafayette Crossing in Fredericksburg, VA . Built by NVR’s Ryan Homes division, Lafayette Crossing offers convenience and wooded homesites. Prices at Lafayette Crossing start from the upper $180 ’s.
NVR, Inc. operates as a homebuilder in the United States. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the trade names of Ryan Homes, NVHomes, Fox Ridge Homes, and Rymarc Homes primarily to first-time homeowners and first-time move-up buyers.
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Agree Realty Corporation (NYSE:ADC) announced it has acquired a retail property net leased to National Tire & Battery (”NTB”) in Madison , Alabama. NTB is owned by TBC Corporation, which is a subsidiary of Sumitomo Corporation of America. The newly constructed store opened for business in November 2011 . The base term of the lease is 25 years.
Agree Realty Corporation, a real estate investment trust (REIT), engages in the ownership, development, acquisition, and management of retail properties, which are primarily leased to national and regional retail companies in the United States.
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DR, Inc. (NYSE:UDR), a leading multifamily real estate investment trust, announced that it has formed a new real estate joint venture with MetLife (UDR/MetLife II) wherein each party owns a 50 percent interest in a $1.3 billion portfolio of 12 operating communities containing 2,528 apartment homes.
UDR, Inc. formerly United Dominion Realty Trust, Inc., operates as a self-administered equity real estate investment trust (REIT).
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Cleantech Transit Inc (CLNO)
Biomass is biological material derived from living, or recently living organisms. In the context of biomass for energy this is often used to mean plant based material, but biomass can equally apply to both animal and vegetable derived material.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
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