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Disbarred lawyer sentenced

(AP) -- A disbarred San Diego County lawyer who made national headlines by encouraging people to break into their foreclosed homes has been sentenced in Vista in two criminal cases.

U-T San Diego reported Michael T. Pines was sentenced to three years of probation late last month.

He pleaded guilty to stalking, trespassing, attempted extortion other charges.

Prosecutors say in one case, Pines advised an evicted family to retake possession of their home for about two months and that he stalked and harassed the current occupants.

In the other, Pines demanded more than $1 million from a couple who were leasing a Rancho Santa Fe home owned by bankrupt former NFL player Robert Otis Griffith.

Pines threatened the couple with arrest unless they paid.
Refinancing in Oahu

SAN DIEGO -- Holliday Fenoglio Fowler L.P. (HFF) announced that it has arranged a $9.2 million refinancing for The Plaza at Milltown, a two-building, 30,135-square-foot commercial center in Waipahu, on the island of Oahu in Hawaii.


HFF worked on behalf of Avalon Development to secure the 10-year, 5.25 percent, fixed-rate loan through UBS Investment Bank–CMBS.

The securitized loan is refinancing a current mortgage on the property.

The center was completed in 2008 and is fully leased, including national credit tenants Ohana Well Care and Liberty Dialysis.

The property is situated on a 1.76-acre site within the Mill Town Industrial and Business Park, about 18 miles from downtown Honolulu.

The HFF team representing Avalon was led by managing director Aldon Cole and real estate analyst Husayn Hasan.

Avalon is a full-service real estate development, brokerage and management firm.
JinkoSolar surge

(AP) -- Shares of JinkoSolar Holding Co. surged Friday after the company announced that its Swiss subsidiary reached a deal with the Guangdong branch of China Development Bank for up to $ 1 billion in financing over a five-year period.

The Chinese solar products maker said it plans to use the financing to develop its overseas expansion and its merger, acquisition and downstream businesses.

The Swiss subsidiary will act as the company's platform to further expand its overseas presence.

JinkoSolar (NYSE: JKS) said the deal with the bank will give the company a long-term, stable source of capital and a full set of financial services. The final conditions, terms and amount of the financing remain subject to further approvals.

Chinese solar products makers like JinkoSolar have struggled this year amid weak demand, an oversupply of the products on the market and tough competition, which has forced them to slash their prices.

Chinese producers are also facing accusations that they are engaged in predatory pricing in the United States and Europe, and that they have received unfair help from the Chinese government.

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