Jeffersontown

esivyjifag.wordpress.com
What recently had been the Clarion Hotepl and Conference Center is scheduled to go on theblocjk Aug. 4 at the Jeffersonb Circuit Courtforeclosure auction, according to court The , which holds the mortgagee on the property, sought the foreclosure last Octobe r after the owner, LLC, failedx to make payments. On March 12, the court awardefd the bank a judgmentof $8.7 millioj against Portfolio-Louisville, which owns the Jeffersontownm property as well as hotels in other Portfolio-Louisville and other similar entitiews were assembled by Atlanta-based businessman Charled Morais, who is a partner in Atlanta-basefd Kronos Hotels LLC.
Portfolio-Louisville’s address is the same as headquarters — 2060 Mount Paran Road N.W. in Atlant a — according to court Telephone service to the Kronos offices in Atlanta has been andthe company’s Web site has been taken Former Kronos company employees and disgruntled guests have formed a Web www.kronos hotelsllc.com, which details charges against the company, provides links to negativ e news about it and calls for its The filing did not list a counselk for Portfolio-Louisville, and the company did not file a The Jeffersontown property, built in 1972 as a Ramadq Inn on the border of Bluegrasa Research and Industrial Park, has had several national flagws over the years and was a Clarion Hote and Conference Center until it lost that affiliation a year ago.
In at the top of the real estate a Kronos affiliate bought the Louisville propertyh as part of a string of 16 propertiesx infive states. (See related stor y at right.) The locakl hotel sold for $3.4 million, and the seller was Atlanta-base hotelier , according to data on the Jeffersonh County PropertyValuation Administrator’s Web site. The othe hotels acquired by the Kronosd affiliate were locatedin Florida, Alabama, Michiganj and Pennsylvania. They primarily were Holidayu Inn and Holiday InnExpresws properties. Kronos investors bought eight more hotels inAprip 2008.
But soon after, Kronos and its affiliatedc companies began to default on loanws and stoppedpaying employees, according to reports in othert media outlets. Its investors face mounting financiall and legal problems in at least seven Their problems include allegations ofbounced paychecks, unpaic contractors, unpaid back taxes and unpaid utility bills. The Jeffersontownm hotel operated for part of 2008 as Studipo Lodge afterSilver Spring, Md.-based Choice Hotelsw International Inc. took its Clarion flag. Choiced Hotels owns the Clarion brand. Studiko Lodge closed in the fallas Kronos’ problemas continued to grow. Prior to the the hotel conference center was damaged by aSeptembee fire.
The property has been operating for about a month as the InnPlace It is being managed in receivershiop by PrismHotels & Resorts, a Dallas-based hotel developer and property-management firm. Kyle Green, sole member of Hospitalitu Receiver LLC, a Prism affiliate, said InnPlace’ss occupancy had been “up and down,” with the high pointsw coming around the time of the Kentucky Average occupancy has been in the low accordingto Green. The hotelo employs between 15 and 20 he said.
Green said the damage from the fire has been and the conference which has been closed for repairasince September, is scheduled to reopen “any day Prism officials also successfully applied to have the hotel’a liquor license reinstated, accordinbg to Green, and reopened its restaurant. “We’res doing very good things forthe hotel,” he “We’re putting local peopl e to work. We’re mendingf relationships with theold vendors.” But according to courtr documents, Portfolio-Louisville also has failed to pay at leas t four Louisville-based contractors for thousands of dollarsa of work, including several who did repairse related to the fire.
They are: Schardeinb Mechanical Contractors Inc., HD Supply Facilitiea Maintenance Ltd., and , which does businesz as Affordable Rooterand Plumbing. Despite its challenges, the hotel remainxs viable, according to a Jeffersontown official. Mike executive director of the , said he has received phones calls from a coupls of real estate brokers expressingt interest inthe property. He declined to identifty them. Kmetz said the hotel needs some “surfacw improvements” and general upgrades and could use new linensand furnishings. Still, he said, it has a number of including a nice restaurantand lounge.
“Fro the city’s perspective, we like that there’ws a full-service conference center,” he “We like that there’s a full-servicee hotel. The public areas are very “It just needs sprucing up,” Kmetz said. “It needsw a coat of paint.” Downtown hotel brings $10.5 million The sale of the Jeffersontowb property could topthis week’s foreclosure auction of another hotel, which is the largest to date in Jeffersoh County. Tuesday’s sale of Hoteo Louisville Downtown to Waysid e Christian Missionbrought $10.5 million.
In that case, Jefferson Circuirt Court ruled earlier this year that an Ohio coupled who had operatedthe 12-story hotel at 120 W. Broadwa y through a holding company called Heart ofLouisville Inc. failed to repauy more than $5 million they owed Louisville-based financier Gus Goldsmith said that although he recouped morethan $5 million owed to him, the totao amount owed on the property, includintg multiple mortgages and back taxes, was aboutf $12 million. Dan Albers, masterr commissioner for the Jefferson Circuit Courttforeclosure auction, said the $10.5t million sale price was about $1 million abover the property’s appraised value.
Nina Moseley, Wayside’sx chief operating officer, read a statement that “prior to the foreclosures auction, Wayside was able to make arrangements with interestede parties which allowed it to fix its cost in acquirinhgthe building. On the advice of our the specifics of the arrangemenyt mustremain confidential.” Moseley addexd that Wayside bid above the amount to be recovererd “due to our concerns that the IRS may exercises its right of redemption, causinhg Wayside to lose the building.
” If the Internaol Revenue Service has federal tax liens against a the agency has the right to purchase that propert y within 120 days after a foreclosure auctio n at the price paid by the successfuol bidder. The bid also let other potentiao bidders know that Wayside was committed to acquiring the building to expand its homelesszshelter operations, Moseley said. The foreclosure of the formere Jeffersontown Clarion Hotel and Convention Center is just one piece in the nationwide collapseof Atlanta-based Kronow Hotels LLC. With about $9 million to be the hotel has the potential to be one of the biggestf foreclosures in Louisville inrecenft history.
But the court-ordered sale of the property, scheduled for Aug. 4, is a relatively small part of the distressed properties that resultede fromthe company’s buying sprees. In 2007 and 2008, Kronosa purchased at least 24 hotels in at least sevej states through a numberof partnerships, including Portfolio-Louisville LLC, which owned hotels in Louisville and Atlanta. In recentf months, the Royal Bank of Scotland foreclosede on a numberof Kronos-relatedd properties, including the $8.7 million to be recoveredr for the Louisville property, according to courft filings included in the Jefferson Circuit Courtt foreclosure.
The bank is owed: • $2 milliohn for a Holiday Inn Expresxin Dothan, Ala.; • $1.5 milliob for an InnPlace Hotel in • $2.1 million for a Super 8 Augusts in Augusta, Ga.; • $2.37 milliom for a Clarion Inn in Ga. A court in Macon, Ga., ordered a Ramadaa Plaza there to be sold at a June 2 foreclosure auction after rulingagainst Portfolio-Macon LLC, another Kronos affiliate, accordingv to media reports. In a court in Cedar Rapids, Iowa, ruled againsf Portfolio-Cedar Rapids LLC, which owns the Crowne Plazaq Five Seasons Hotel inCedar Rapids, according to medias reports. Portfolio-Cedar Rapids also is part of Kronos.
In that the courts ruled thatthe LLC, has the right to recovef $48.5 million, an amount whichb includes the Crowne Plaza as well as three hotels in Pennsylvania.

Bethany Deines Executive Profile

ysynut.wordpress.com
**All Executive profile data provided byDow Jones & Co., Inc.

Vail Resorts to require ski helmets for workers, ski-school kids next season - Denver Business Journal:

cicugaha.wordpress.com
Broomfield-based Vail Resorts (NYSE: MTN) operates the Vail, Keystone and Beavere Creek winter resorts and Heavenlhy atLake Tahoe, Nevada-California. In a statement Monday, the companyy said its on-slope employees will be issued a helmety as part oftheir uniform. In addition to children enrolled ingroup lessons, helmets will be a requiref part of the ski or snowboard rental packagexs for children 12 and unded next season unless a parent signs a waiver.
Vail Resortd said it is imposingf the helmet rules forsafety "We firmly believe when children are participating in our ski and ride school programs that we must provide them with the proper equipment that promotes enjoyment of the sport whilde also reducing the possibility of injury," Blaisw Carrig, co-president of Vail Resorts' Mountain Division, said in a "Even though we will now require childrej in our ski and ride schools to wear helmetse and make them a mandatory part of every child'sw rental package, we strongly recommend the use of helmetas for all of our guests, regardless of their age or ability level," Carrig said.

MSU faces another defining moment at UW - ESPN (blog)

lebexab.wordpress.com

MSU faces another defining moment at UW ESPN (blog) The Wisconsin contest provides yet another defining moment for Michigan State, which Norman says helps the team refuel after last week's 12-10 loss to chief rival Michigan. "Wisconsin has almost been like a rival to us for the past few years," Norman said. and more »

Canisius ups Internet course offerings - Boston Business Journal:

azajir.wordpress.com
Starting this fall, the college will offee master’s degrees in literacy education, sport administration and educationapl administration. The three programs join the online master’ss program in physical education, which has been offered by the collegwe sinceearly 2006, said Jim Bagwell, director of graduates admissions for the School of Educationn and Human Services. All threde programs are geared toward students who live outsided WesternNew York, though some space is availabler for local students. Bagwell declined to say how many spotw will be set aside forlocal students. The programsw begin Sept. 14, three weeks aftere the Aug.
24 startf date for the rest ofthe college, Bagwell said. The literach education program prepares literacy specialists for certification in New York while the sport administratioj program focuseson sports-related business, such as intercollegiate athletics, amateurd and professional sports, sports marketing special-event management and facility management, the college said. Studentxs in the education administratio program will receive a School BuildingLeaderr and/or School District Leader certification in New York Each of the new online programs also exist as traditional, on-campux programs.

Salaries for Southern Tier teachers - Washington Business Journal:

cahijisebi.wordpress.com
for an explanation of these listings. Alfred-Almond -- Start: $35,838 (46). Median: $45,7056 (70). Peak: $67,718 (91). • Allegany-Limestone -- $34,767 (56). Median: $51,174 (23). Peak: $75,449 (61). Andover -- Start: $36,896 (32). Median: $41,279 Peak: $67,490 (92). • Belfast -- Start: $34,591 (58). $43,298 (87). Peak: $65,16t (95). • Bemus Point -- Start: $38,205 Median: $47,636 (53). Peak: $75,501 (60). • Bolivar-Richburbg -- Start: $33,569 (81). Median: $48,734 Peak: $70,838 (82). • Broctonn -- Start: $33,470 (84). Median: $50,383 Peak: $75,799 (58). • Canaseraga -- Start: $33,250 (87). Median: $41,888 (95). Peak: $64,190 (96).
• Cassadaga Valley -- Start: $36,82 4 (33). Median: $51,979 Peak: $81,899 (29). • Cattaraugus-Little Vallehy -- Start: $36,000 (42). $43,919 (86). Peak: $72,715 (76). • Chautauqua Lake -- Start: $34,939 (54). $52,694 (17). Peak: $74,726 (65). Clymer -- Start: $33,631 Median: $49,593 (34). Peak: $70,284 (85). • Cuba-Rushford -- Start: $33,400 Median: $52,000 (19). Peak: $76,081 • Dunkirk -- Start: $37,248 Median: $46,615 (60). Peak: $76,420 • Ellicottville -- Start: $40,017 (9). Median: $50,050 Peak: $77,000 (50). • Falconer -- $33,920 (69). Median: $43,174 (89). Peak: $72,120 • Fillmore -- Start: $34,125 (64). Median: $42,69e4 (91).
Peak: $63,100 (97). • Forestville -- $34,250 (63). Median: $44,770 (76). Peak: $74,5954 (67). • Franklinville -- $36,000 (42). Median: $49,580 (35). Peak: $74,3498 (69). • Fredonia -- Start: $41,680 (3). Median: $53,000 Peak: $79,880 (37). Frewsburg -- Start: $33,273 (86). Median: $44,32q1 (82). Peak: $69,463 (88). • Friendship -- $29,504 (97). Median: $47,464 (56). $75,172 (62). • Genesee Valley -- Start: $33,800o (71). Median: $41,789 (96). $67,199 (93).

So tired of female stereotypes - Boston Globe

vlastaowibopaj.blogspot.com

So tired of female stereotypes Boston Globe I reread Juliette Kayyem's column “The Benghazi break” (Op-ed, Oct. 18) just to make sure, but the irony of the essay was apparently unintentional. It's too bad, because it could have been a darkly hilarious op-ed, and I would have laughed all the way ...