The Wilmington Convention Center, in Wilmington, North Carolina, recently opened and is a huge success. Birch Capital has teamed with a developer to secure financing for a hotel adjacent to the convention center. See the attached link for details from WWAY Channel 3 in Wilmington’s web site.
The Baltimore Business Journal reports Danish nutrition firm Fluxome takes space at Wexford Science + Technology’s UMB Biopark. Birch Capital is working with Wexford to provide financing for Building 3 in the Park.
The University of Miami Life Science & Technology Park is introducing co-working lab and office space aimed at fostering innovation among early-stage companies. The UM Park’s developer, Wexford Science & Technology, has selected Miami-based Right Space Management to operate and manage The Right Space Innovation Center, which will contain 40,000 square feet of shared office and lab space on the first and third floors of the UM Park’s first building.
The University of Miami Life Science and Technology Park grand opening and and dedication ceremony took place September 20, 2011. The event was well attended by University, elected officials and members of the community. Following remarks by several speakers, guests had the opportunity to meet with tenants and learn about their operations as well take a tour of the building. The attached presentation provides photos of the event as well as the building, along with links to the BirchLEAF web page for the ceremony and Channel 10 Miami news coverage.
Ben Cummings served on the panel at an event hosted by Akerman Senterfitt, the Urban Land Institute and NYU Schack Institute of Real Estate to discuss foreign investment in U.S. real estate projects. The event, held at the Cornell Club in Manhattan, focused on the EB-5 Foreign Investor program, an immigrant-investor visa category created to encourage foreign investment in the United States.