Time consuming process making sure buyers who have expressed interest have the necessary assets to complete a deal this big. john knott executive Vice President cbre they have, call it 50 million of their own equity, but they bring a fund in with them and the fund says were prepared to support this bid and then all the sudden it becomes a highly credible bider because they demonstrated the Financial Capacity with the support of this multi billion dollar fund as their partner. paul joncich as cbres john knott points out, there arent very many individuals with 650 million in their pocket. He tells me there is Robust Interest from both u. S. And foreign entities. And he expects. Whoev er buys it will finish the existing structure because it would be too costly blow it up and start over. paul joncich heres whats so enticing to investors lately. Las vegas room rates are up. And so is the Hotel Occupancy rate. It was about 82 percent during the recession. In 2015, it was over 90percent. In 2
New rate structure for solar customers say theres still hope when it comes to delaying the price hike. Fox 5s Abby Theodros tells us the latest in nevadas drawn out solar battle. She joins us live from the newsroom. The attorney generals bureau of Consumer Protection and the alliance for solar choice filed a motion that would delay that rate hike from taking effect until it was re evaluated by the Public Utilities commission of nevada. As the new rate structure stands basic fees will go up and the credit for excess energy put back on the grid by solar customers will go down. A group of opponentswho say the change is unfair and harms both solar businesses and customers filed a stay that would delay the new structure until the commission rehears it. One Solar Alliance attorney said at the very least the motion will give people time to process the changes. Louise helton owner of 1 Sun Solar Electric definitely any uncertainty definitely hurts uncertainty here. And espe ially in light of w
Scattered showers tom the valley and snow to the Higher Elevations begin to weaken today. Cloud cover will be common with spotty showers, some heavy at times, throughout the day. High temperatures only reach into the upper 40s and low 50s today between 10 and 20 mph but will lighten up as we move into the evening. Right now, were on sentencing watch. In court right now is the homeless man. Paid to murder the wife of a former firefighter. Noel stevens faces 21 years to life in prison, for beating Shauna Tiaffay to death back in 2012. Youll remember he was paid by stevens testified that george promised him 5thousand dollars to kill shauna, but was only paid 600. Last month, George Tiaffay was sentenced to life in prison for her death. Pic vo a suspected killer is behind bars. Accused in a brutal murder. Heres our first look at him. Hes 47yearold tracy morrison. Police say tuesday night he beat up his victim to death using only his fists. It happened at a home near charleston and decatur.
As Rockport voters, we strongly agree with our Select Board, Budget Committee, several former members of the Wastewater Task Force and the Economic Development Committee, and many other residents that we vote yes on funding a wastewater treatment.
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