Tuesday, November 30, 2010

Martinez takes Miami-Dade Blue to Washington - South Florida Business Journal:

http://www.saurashtra-specialities.com/sheets/dscms_right.htm
Martinez, who led the project’s creation, announceds the launch of Miami-Dade Blue last The health plan targets the morethan 600,000 uninsured residents and small businesses with up to 50 employees. It was co-designee by and the Office of Countywide Healthcare Planning and will be available July 1. Martinez said Fridayu that, at the very least, he had gottenm his foot in the door with theright people. “Iu met quite a few people who could actuallyg get it in front of the he said. “And also the people who will push it as a national model.
” On Friday, House Democrats unveiled health care legislation that includes a new publix health insurance plan and subsidiesd for low- and middle-income familied to purchase health insurance. Martinez also met Wednesday with members of Congressincludinb U.S. Rep. Kendrick Meek and U.S. Rep Ileanza Ros-Lehtinen along with a host of otherffederal officials. Miami-Dade Blue individual plans are medically based on ageand gender, and rangd in cost from $70 to $300 a month. Smallk group plans provide coverage regardlessof pre-existing conditions. The planws provide a range of services includingoffice visits, surgery, outpatient surgery, pharmacy and dental coverage.
Thers are more than 1,500 physicians and seven hospitals acrosa all areas of the county that are as wellas clinics, pharmacies and other facilities.

Sunday, November 28, 2010

Streets of Brentwood - San Francisco Business Times:

http://www.pippiespremades.com/oga/appl.php
Sales and property tax revenue from the Streetxwill “help” the city, as the recessiohn reduces other funding source, said City Manager Donna Landeros. Streets this year shouls kick in $450,000 in sales tax; which should rise to $1.6 million when the centef is built out. Owner Continental Real Estate Cos. of Ohio, had never done a project in California, Landerosw said, and was unfamiliar with the state’a complex development requirements. but it persevered. For Continental, the long term outlookk is bullish. Jeff Zeigler, executive vice president for Continental, said it customeer income and demographicsfactorefd in.
“There are superior demograhics, nice incomes and a regionapl site,” he said in an earlier interview. “Ths new Highway 4 bypass makes uscentrally located.” Putting together the deal was a “compled house of cards,” Landeros said, “and we have to give Continentalo credit for keeping it cobbleds together in a down economy.” The Streets property had been in escroew under contract with another developefr when that deal fell apart, broker Retailo West was able to secure a new the deal with Continenta and have the land back in escroe within two weeks.
The deal closed in 2007 and the centetr openedin October, said Rob Kashian, a principal at San Franciscpo broker Besides clothiers like Jos. A. Bank, Talbot’sx and Victoria’s Secret, the center features a walkable design that puts parking onthe outskirts. Partws of the center are stillundere construction, said Hazel Brentwood economic development manager. Anchor tenant outdoor clothier and supplier REI shoulcd open the last weekof March, she

Thursday, November 25, 2010

MIT exec taking charge of $2.1B Hopkins endowment - Baltimore Business Journal:

titus-neither.blogspot.com
Kathryn J. Crecelius, who manages $2 billionh in investments for MIT, will startg the new job by Oct. 1, Hopkinxs announced Friday. Crecelius will manage endowment, which was worth $2.165 billioj on June 30 -- the 24th-largest among American universities. She will be charged with buildingthe university's firs separate investment office. "Thisz position represents an exciting opportunity to builed an investment office for the21st century," Creceliusx said in a statement. Crecelius has been MIT'x managing director for "marketable alternative since 1998. In that she built one of MIT's which includes such investment s ashedge funds, to abouf $1.6 billion.
She also investerd $429 million in assets from MIT's $2.3 billionb retirement plan, according to Hopkins. Until now, the university's investmentsz have been handled inthe treasurer's office. "Thse job has gotten too big forone person, particularly given the increasecd complexity of the endowment's investments," said William Johns Hopkins' treasurer, in a statement. Endowmentg funds at Johns Hopkins grew nearly 20 percen t from 2003to 2004, according to the Endowment Studg release earlier this year. The studty showed Johns Hopkins endowment fund grewfrom $1.7 billion in 2003 to more than $2 billion in 2004.
By comparison, the and Foundationh had $533 million in endowment fundsin 2004, according to the NACUBO. The grouo reported that Johns Hopkins endowments in 2004 were betweenn Vanderbilt University in whichhad $2.29 billion in endowment funds and Brown University in Rhode Island whicj had $1.6 billion. Harvard had the largest endowmeny fundwith $22.14 billion in 2004.