Recent Acquisitions, Developments, and Investments
Despite the difficulties of the current economic environment, APIC is actively exploring new business opportunities. We believe that when the economy is at its worst, we have the best opportunity to expand our business.
Aug 18, 2010 May 6, 2010 Apr 30, 2010 Dec 29, 2009 | APIC to form new entity, APIC Regional Center, in effort to become EB-5 Program Center Oregon Pacific Building becomes a new addition to APIC commercial property portfolio. APIC assumes ownership of three hotels in San Francisco, launches HAIYI Hotel Worldwide Brand APIC acquired KOIN Center - the class "A" office trophy tower in Portland, OR |
Oct 23, 2009 | Secretary Elaine Chao lays the foundation stone for Ocean Panorama Project in Shantou |
Mar 1, 2009 | APIC expands its oil production to palm oil |
Jun 27, 2008 | Governor Gary Locke cuts ribbon for the grand opening of Huamei Oil and Fat Co., Ltd in Shantou |
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Following are media reports about APIC's new formed entity, APIC Regional Center:
PortlandOnline.com, Nov 18, 2010: International Investors Bullish on Portland
Portland Tribune, Aug 17, 2010: PDC Studies Possible Foreign Investment Plan
Following are media reports about APIC's recent acquisitions:
Oregonian, Dec 29, 2009: Portland investment firm buys KOIN Center
Portland Business Journal, Dec 29, 2009: KOIN Center sold to American Pacific International Capital
GlobeSt, Dec 30, 2009: KOIN Center Trades Below Loan Value, Other Link
iStockAnalyst, Dec 31, 2009: Oregon office tower dumped by CalPERS finds a buyer
Portland Business Journal, Jan 8, 2010: KOIN Center buyer ready for shopping spree
Sacramento Business Journal, Dec 30, 2009: Foreclosed CalPERS building sold to American Pacific International Capital
Daily Journal of Commerce Oregon, Jan 10, 2010: Large foreclosure sales predicted in 2010
Oregon Live, Jan 4, 2010: Top 5 Holiday Week Stories: KOIN Center sells for steep discount
Business Journal, Apr 30, 2010: American Pacific International goes on hotel buying spree
Hotel Online, April 30, 2010: HAIYI Hotels and Management Group Acquire and Assume Management of Three San Francisco Hotels
Hotel Interactive, May 3, 2010: Haiyi Hotels And Management Group Assume Ownerships of Three San Francisco Hotels
Hotelworld Network, May 3, 2010: HAIYI assumes ownership of three San Francisco hotels
GlobeSt, May 6, 2010: Haiyi Hotels Launches With Three Acquisitions
Portland Business Journal, May 7, 2010: American Pacific buys ex-Cusina building
Portland Online, June 25, 2010: APIC Enters Portland Market With a Bang
Portland Business Journal, Dec 23, 2010: Provenance sells Calif. hotels to APIC
San Francisco Business Times, Dec 24, 2010: Investors flip two S.F. hotels
Hotel Online, Dec 2010: Haiyi Purchases San Francisco's Hotel Vertigo and Hotel Metropolis