Dornoch staying focused as it launches new fund.Dornoch Dornoch (dôr`nŏkh, –nŏk), town (1991 pop. 1,006), Highland, N Scotland, on Dornoch Firth. It is a summer resort. A former royal burgh and ecclesiastical center, Dornoch has a 13th-century cathedral (rebuilt in the 19th cent.). Holdings LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Morristown, N.J., has formed its second fund, the Dornoch Co-Investment Fund L.P., to continue the company's focus on acquiring and repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. distressed residential and commercial properties in New Jersey and the metropolitan New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area. The Fund will provide resources for Dornoch to launch $150 million in new projects. "Dornoch has had enormous success in quickly identifying under-utilized properties that can be given a valuable new use," said Paul Scura, managing director of Dornoch. "Most of the parcels are in urban areas of New Jersey, such as Paterson, New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. , Rahway and Newark, which are experiencing a revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. due to an increase in redevelopment projects like ours." Founded in late 2004 by Glen Fishman and Frank Macios, Dornoch Holdings formed its first fund--the Dornoch Opportunity Fund L.P.--to provide capital for investment in special situation real estate opportunities. In this short time, the company has become involved in the redevelopment and repositioning of approximately 600,000 square feet of commercial and mixed-use space and more than 1,500 residential units in locations throughout New Jersey. The approximate value of these projects is $180 million. The new Dornoch Co-Investment Fund is a designated fund. Specific projects targeted include the purchase by Dornoch Ellison LLC, an affiliate of Dornoch Holdings, of vacant, city-owned property at 75-81 Ellison Street in Paterson, N.J. Dornoch Ellison will develop a public access Cablevision studio to serve local residents. An additional opportunity is Dornoch Holding's acquisition of joint venture interest in an aging industrial factory situated in a residential area of Passaic, N.J. |
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