Tuesday, November 27, 2012

December Investment Volume Could Be Tame--Or Not | Commercial ...

November 26, 2012

By Barbra Murray, Contributing Editor

With Black Friday still visible in the rear view mirror and Cyber Monday upon us, the holiday shopping season is officially underway, but it remains to be seen if the buying frenzy will extend to the commercial real estate market. A case of business as usual would mean a notable uptick in activity during the last month of the year.

Historically, December has been the biggest month of the year for sales transactions, and there?s method to the madness. ?Investors like to close deals by year-end and it kind of completes the traditional marketing process which usually starts after Labor Day for major institutional offerings,? Dan Fasulo, managing director with global commercial real estate research and consulting firm Real Capital Analytics, told Commercial Property Executive.

This year, certain exceptional dynamics may alter the traditional December investment pattern; although, it?s still too early for firm predictions.

?I?m less bullish about a flurry of activity in December than I was a few weeks ago,? Fasulo said. ?As much as I would have hoped that uncertainty would have gone away with the presidential election being over, I don?t think it has gone away, which is a shame. We know who the president is going to be but it doesn?t seem to have translated into investment.?

Additionally, it remains to be seen how fiscal cliff fears will impact real estate investment activity.

Whatever the issue, a toll on sales volume is already visible. As concluded in a report by commercial real estate services firm Jones Lang LaSalle, with the lack of seller motivation and buyer confidence, transaction completions have become more protracted.

Fasulo said that, ?For a number of major trophy assets that came to the market and are forecasted to close by the end of the year?billion-dollar deals?it looks like bids are coming in a little low, and existing owners might wind up recapitalizing or? refinancing, versus selling outright.?

How December?s investment volume will be impacted is anyone?s guess, but we?ll know for sure in about 30 days.

Source: http://www.cpexecutive.com/business-specialties/investment/december-investment-volume-could-be-tame-or-not/

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Do you have leaves in your gutters or money in your gutters?

It is always interesting to watch the power of advertising in action.

Today I want to talk about the advertizing used to support the various guard-guard systems that are available on the market.? Of course if you look at the promotional advertising from all of these companies they will each tell you exactly why they are the best.

In the field, as a Seattle Home Inspector, I get to see the ?truth? of these various claims.

On a recent inspection, one of the gutter-guard systems that advertises heavily around here (and that spends a lot of advertizing dollars ripping one of the other more famous gutter-guards) was clearly not functioning as advertised.

I think the idea of gutter-guard systems is a good one, as many people injure themselves in the terminal job of keeping gutters clean.? When I am inspecting homes I try to see which ones are functioning as advertized.? During times of heavy rains is the best time to see how well they are functioning.? As you can see in the following picture, this micro-filter type guard is completely clogged with algae and actually holding water to the point it is running over the edge.? Impact marks all around the home were consistent with this lack of proper function for some time.

Some gutter-guards work better than others

As you can see in the following video---water is freely running over the edge all along the edge of the gutter.

Another type of gutter-guard are ones that rely on a rolled edge at the front of the gutter.? The concept of the design of these gutters is that water follows the rolled edge by friction and drips off into the gutter while the leafs and light-weight debris fall by gravity past the face of the gutter.? Of course the screen-filter type cover company's advertizing states that this does not work.? Of the dozens of these roll-type gutters I have inspected, I have yet to see one that was clogged.? Now perhaps I have just been lucky---but I doubt it.

All the ones that attempt to filter the water across the top surface appear less functional over time than the roll type.

Gutter Helmet and Leaf-Guard are two of the most common roll-type guards I see in this area and I have yet to see one that was not functioning as advertised---but I am still looking.

I think the lesson here is to not always believe what you hear and make sure you verify what you hear.?? Otherwise it might be your money that is going down the gutter.

?

Charles Buell, Real Estate Inspections in Seattle

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Source: http://activerain.com/blogsview/3531054/do-you-have-leaves-in-your-gutters-or-money-in-your-gutters-

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Tuesday, November 6, 2012

New DNA vaccine technology poised to deliver safe and cost-effective disease protection

ScienceDaily (Nov. 5, 2012) ? New and increasingly sophisticated vaccines are taking aim at a broad range of disease-causing pathogens, targeting them with greater effectiveness at lower cost and with improved measures to ensure safety.

To advance this quest, a research team led by Roy Curtiss, director of the Center for Infectious Diseases and Vaccinology, and Wei Kong, a research assistant professor, at Arizona State University's Biodesign Institute have taken a dramatic step forward, revealing the design of a universal platform for delivering highly potent DNA vaccines, by employing a cleverly re-engineered bacterium to speed delivery to host cells in the vaccine recipient.

"The technology that we're describing in this paper can be used to develop a vaccine against any virus, any parasite, any fungus, whereas this was never possible before the development of recombinant attenuated bacterial strains like those produced in our lab," Curtiss says.

The experimental vaccine described in the new research demonstrated complete protection from influenza in mice, but Wei Kong, the leading author of the new study stresses that the innovative technique could be applied to the rapid manufacture of effective vaccines against virtually any infectious invader at dramatically reduced cost and without risk to either those vaccinated or the wider public.

"By delivering the DNA vaccine using a recombinant attenuated bacterium, we can get 10,000-100,000 doses per liter of culture," Kong says, an improvement of 3-4 orders of magnitude over use of the naked plasmid DNA, which must be painstakingly isolated from bacteria before injection.

The group's research results appear in the online Early Edition (EE) of the Proceedings of the National Academy of Sciences, the week of November 5, 2012.

Designing a vaccine that is both safe and effective presents a kind of Catch-22 for researchers. Live pathogenic strains typically generate a robust immune response, mimicking natural infection, but many challenges exist in terms of ensuring such strains do not cause illness or escape into the environment, where they have the potential to remain viable. Killed pathogen strains or vaccines produced from pathogen subunits sacrifice some of their immunogenic effectiveness for enhanced safety, and may require subsequent booster doses to ensure continued effectiveness.

The Curtiss team has worked to combine safety and effectiveness in orally administered vaccines that can be produced at a fraction of the cost of traditional methods. To do this, they have pioneered techniques using Salmonella -- the notorious agent associated with food-borne illness -- as a cargo vessel to deliver a suite of disease antigens to the recipient. The result has been the development and ongoing refinement of so-called RASVs (for recombinant attenuated Salmonella vaccines), capable of provoking an intense, system-wide immune response and conferring effective immunity.

One of the key innovations developed earlier by Wei Kong and other members of the Curtiss group, is a specialized Salmonella strain that can be timed to self-destruct in the body once it has carried out its immunization duties. To create this strain, the researchers modified the bacterium in such a way that it can only survive on a non-naturally occurring form of sugar. Once the Salmonella cells exhaust their store of specialized sugar, supplied to them as part of the vaccine, they are unable to maintain the integrity of their cell walls and they essentially implode. "This crucial safety feature ensures that Salmonella are unable to persist as living organisms to survive if excreted into the environment," says Kong.

This self-destruct feature can be fine-tuned so that the bacteria fully colonize host cells, provoking a strong response from both humoral and cell-mediated arms of the immune system. Inside host tissues, recombinant Salmonella are able to synthesize protective antigens, releasing their contents when they become unstable and lyse into the intracellular fluid or cytosol.

The group demonstrated the effectiveness of this delayed-lysis bacteria in vaccine experiments with a variety of pathogens, including influenza and mycobacteria (causative agent of tuberculosis) and an RASV vaccine developed in the Curtiss lab against infant pneumonia is currently in FDA Phase I clinical trials. This earlier work focused on producing protective protein antigens in a bacterium, which would subsequently release a bolus of these antigens when the bacterial cell lysed within host cells and tissues.

In the latest research, the group sought to turn a delayed-lysis Salmonella strain into a universal DNA vaccine delivery vehicle. DNA vaccines stimulate cellular and humoral immune responses to protein antigens through the direct introduction of genetic material, prompting host cells to manufacture specific gene products. This is a crucial advance as it allows for the production of antigens that undergo host cell modification through the addition carbohydrates -- a process known as glycosylation. Such modified antigens, which occur in a broad range of pathogenic viruses, fungi and parasites require synthesis by host cells, rather than by the attenuated bacteria.

"Here, we were able to deliver a vaccine whose DNA sequence induces the immunized individual to make the protective glycoprotein the way you would during a viral infection," Curtiss says. Previous efforts to achieve this advance for delivery of DNA vacines by bacteria date to 1995, but only now has such work come to fruition.

A number of key modifications to the delayed-lysis RASV were required for this feat, and the Kong and Curtiss team has worked intensively over the past 5 years to achieve them. A hyperinvasive form of Salmonella was constructed through recombinant DNA methods in order to maximize the vaccine vector's ability to invade host cells and become internalized.

Following host cell uptake, Salmonella are encased in a membrane-bound endosome known as the Salmonella Containing Vacuole. The RASV was further modified to permit escape from the endosome so that the mature bacterium could spew its immunogenic contents into the host cell's cytosol.

Finally, further revisions to the Salmonella strain were applied to diminish the pathogen's ability to cause host cell death, which would prevent the DNA vaccine from migrating to the host cell nucleus to induce the synthesis of protective antigens necessary for the immune response.

The authors note that their orally-administered RASV is markedly superior to earlier efforts which introduced DNA vaccines by means of intramuscular injection or gene gun. These methods fail to deliver the vaccine to both mucosal tissues and certain internal lymphoid tissues, vital to a sustained, protective immunity. "We can protect mice to doses of influenza that would be lethal were they not effectively immunized," Curtiss says, adding that "RASV safety has been established in mice just two hours old as well as in pregnant and immunodeficient mice."

Influenza spreads around the world in seasonal epidemics, resulting in about three to five million yearly cases of severe illness and about 250,000 to 500,000 yearly deaths, rising to millions in some pandemic years. Current manufacture of influenza vaccines requires use of chick embryos or cell culture methods. Global capacity is limited, making sufficient vaccine to immunize everyone impossible. Adding to concerns about managing future naturally occurring influenza epidemics is the potential for bioterrorists to produce weaponized influenza strains created using plasmid-based reverse genetics systems. "Increasing the speed of producing a matching vaccine is key in the context of response to an influenza epidemic," Kong says.

The ability to rapidly engineer and scale up effective vaccines for influenza and other potentially lethal pathogens will require innovative approaches to vaccine design, manufacture and application. The universal DNA vaccine platform outlined in the new study represents an important advance.

"The vast majority of viruses including influenza, measles, mumps and HIV all have glycosylated proteins. You could never deliver protective immunity using a bacterium to produce those protein antigens," Curtiss says. "But now we have the opportunity to produce vaccines against such pathogens," Kong says. Further, the technique permits large quantities of DNA vaccine to be produced rapidly at low cost, freeze-dried and stockpiled to be used when needed.

Dr Roy Curtiss is also a professor in the College of Liberal Arts and Sciences, School of Life Sciences.

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Story Source:

The above story is reprinted from materials provided by Arizona State University. The original article was written by Richard Harth, science writer, The Biodesign Institute.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Wei Kong, Matthew Brovold, Brian A. Koeneman, Josephine Clark-Curtiss, and Roy Curtiss III. Turning self-destructing Salmonella into a universal DNA vaccine delivery platform. Proceedings of the National Academy of Sciences, 2012; DOI: 10.1073/pnas.1217554109

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/health_medicine/genes/~3/Z-1w7nZhsB0/121105151342.htm

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