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Commentary: We need systemic change to address prescription misuse in Maine

Commentary: We need systemic change to address prescription misuse in Maine
Cleaning out the medicine cabinet for Drug Take Back Day on Saturday will help prevent unintended poisoning and medication diversion.
By Janet DossevaSpecial to the Press Herald
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Drug overdoses have hit record highs during this pandemic. Access to prescription medications – particularly opioids – is partly to blame and community-wide efforts are critical to decreasing supply. But the causes and solutions concerning addiction are complex, as noted in a recent article about rethinking Maine’s approach to the opioid crisis.
In Westbrook, we are taking a community-wide approach to the problem and working together across sectors to reduce access and decrease the likelihood prescriptions will be misused. This includes collaboration between the Westbrook Police Department and the Drug Enforcement Agency to conduct two National Drug Take Back Days each year; the next one will be he ....

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New Boutique Hotel The Alton Readies for Opening in Old Holiday Inn at Fisherman's Wharf (With New Restaurant on the Way)

New Boutique Hotel The Alton Readies for Opening in Old Holiday Inn at Fisherman s Wharf (With New Restaurant on the Way)
Fisherman s Wharf is gaining a new boutique hotel managed by the Kimpton group, in one half of what was formerly a Holiday Inn at 495 Beach Street.
It seems that plans may be temporarily scaled back from what was previously reported in January 2020. At the time, we learned that Westbrook Partners had purchased the entire multi-building Holiday Inn complex and converted half of it into the 248-room Hotel Caza, which is managed by Highgate and faces Jones Street. The triangular property bound by Columbus, Jones, and Beach Streets meanwhile is becoming The Alton, which opens May 14 with 248 newly renovated rooms, managed by Kimpton and owned by Walnut Creek-based DiNapoli Capital Partners, as the SF Business Times reports. ....

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NYC's Top Investment Sales Firms of 2020

The biggest investment sales deal of the year didn’t even involve brokerages.
In March, Amazon bought the landmarked Lord & Taylor building at 424 Fifth Avenue for $978 million.
The e-commerce giant did a direct deal with the seller, a joint venture of Rhone Capital, Hudson’s Bay Company and WeWork, which originally planned to renovate the 660,000-square-foot building to use as its corporate headquarters.
The deal, which worked out to about $1,480 per square foot, closed on March 12, just one week before Gov. Andrew Cuomo ordered all nonessential businesses, including real estate firms, to pause in-person activities as Covid-19 spread throughout the city. New York City’s investment sales market, already navigating a slow few years, took a big hit, with big deals stalled or falling apart altogether. ....

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KPG Funds names first CFO amid growth push

KPG Funds names first CFO amid growth push
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KPG Funds has hired Steve Smith, an Iron Point Partners and Westbrook Partners alumnus, as its first Chief Financial Officer
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Smith will bolster our management team as we grow our institutional relationships and tap into the dislocation in New York office. - Greg Kraut
NEW YORK (PRWEB)
February 07, 2021
Indicating its confidence in the city’s rebirth and underscoring its plans to invest in the Big Apple KPG Funds has hired a chief financial officer for the first time, and tapped veteran CFO Stephen Smith for the role. He brings more than 30 years of finance, accounting and operational experience to the growing real estate firm. ....

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Dune Real Estate Partners Announces Promotions

Press release content from Business Wire. The AP news staff was not involved in its creation.
Dune Real Estate Partners Announces Promotions
January 29, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 29, 2021
Dune Real Estate Partners LP (“Dune”), a leading New York-based real estate investment firm, today announced a series of five promotions across the organization:
Brad Caracausa was promoted to
Managing Director in acquisitions and has joined the Investment Committee;
Chad Redding was promoted to
Director in acquisitions;
Vice President in acquisitions;
Manager – Portfolio Analytics in the finance and accounting group; and
Meher Desai was promoted to
Fund Controller in the finance and accounting group. ....

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