Examples of Bank of America Portfolio in a sentence
By adding realistic engine room sounds, noises and alarms, total realism is achieved; the student and even experienced Chief Engineers gain from “lessons learned” in these simulated situations.
We also operate an asset management business that manages for third-parties, including our Bank of America Portfolio joint venture, commercial real estate assets.Gramercy was founded in 2004 as a specialty finance Real Estate Investment Trust, or REIT, focused on originating and acquiring loans and securities related to commercial and multifamily properties.
Bank of America Portfolio The Company owned a 50% interest in the Bank of America Portfolio joint venture until June 9, 2014, when it acquired the remaining 50% equity interest from Garrison Investment Group.
Subsequent to the Operating Partnership’s acquisition of the remaining 50.0% equity interest in the Bank of America Portfolio, the results of operations for the Bank of America Portfolio are consolidated into the Operating Partnership’s Consolidated Statements of Operations.6. Debt ObligationsSecured DebtMortgage Loans Certain real estate assets are subject to mortgage loans.
During the year ended December 31, 2012, the Company acquired the properties in the Bank of America Portfolio, which are summarized as follows:(1)The properties are all classified as office/banking center properties, which is defined as commercial property utilized for professional activities.
First, the average farm size and the average size of plots on which specific crops are grown has come down quite drastically in most regions.
As of December 31, 2014 and December 31, 2013, the Company’s investment in the Bank of America Portfolio joint venture had a carrying value of $0 and $39,385, respectively.
The Company had eight and 46 properties classified as held-for-sale as of December 31, 2013 and 2012, respectively, which represent the assets of the Non-Core Portfolio acquired by the Company in its acquisition of the Bank of America Portfolio.
Code of Conduct for Law Enforcement Officials (1979) articles 2-3 & 5-6.
The Bank of America Portfolio totaled approximately 5,587,000 square feet, of which approximately 4,516,000 square feet, or approximately 81%, was leased to Bank of America, N.A. for an initial term ending in June 2023.