IMN 4th Annual Event: Financing, Investing & Real Estate Development for Data Center

Information Management Network (IMN) is returning to the Bay Area for the 4th Annual Financing, Investing & Real Estate Development for Data Centers Forum on October 28th and 29th. The event offers 21 panel sessions featuring over 90 speakers, 35 of which are C-level and President from data center. The 2013 event in San Jose … Read more

WiredRE Procures Financing for Colorado Data Center Development

Key Highlights: WiredRE has advised over half of the top banks in the US in transactions up to $100 million. Financial Partner was identified in first 90 days of WiredRE engagement. Transaction follows record revenue growth for WiredRE in First-Half of 2013. First phase capital cost is expected to approach $100 million. Vegas, NV and … Read more

Level 3 Communications Making Moves Toward Profitability

On August 29, 2013 the Denver Post revealed the layoff of 700 Level 3 Communications (LVLT) employees across their global operation. The layoff represents a 6.6% reduction in their 10,600 global workforce. Level 3, based in Broomfield, CO, will lay off 150 of the 2,700 Colorado based employees. This current round of layoffs follows in … Read more

Data Center Maintenance Capital Expense Report

In May of 2013 an interesting event stirred up the long brewing subject of maintenance capital expenses for public data center companies. The catalyst was a presentation at the 2013 Sohn investment conference, in which a presenter questioned accounting practices regarding maintenance cap-ex. Read our WiredRE report on colocation data center maintenance cap-ex in the … Read more

Data Center Maintenance CapEx: Slightly More Transparency

On May 8, 2013 Jonathan Jacobs of Highfields Capital Management presented at the Ira Sohn Conference 2013 and questioned Digital Realty Trust (DLR) accounting for maintenance cap-ex and suggested shorting the stock. The immediate effect from this event was a 9% drop in DLR stock. Moreover, it highlighted the issue of a potential wave of … Read more