Home > Regional Digests > Page 5823
October 9, 2003 Corus Bank has provided a $13 million loan to Corporex Cos. to finance the construction of a 187-key full service Marriott Hotel in Burr Ridge, Ill. The developer purchased the partially completed hotel out of bankruptcy. The...
October 9, 2003 The Baltimore SunMaryland's Department of Planning is hoping to attract private developers to selected state-owned sites with a new Web site set to launch today. Maryland Smart Sites (www.mdsmartsites.org) will promote properties that are crying out for...
October 9, 2003 Cityfeet.comJMP Properties Inc. has paid about $14 million for a 21-building portfolio in Brooklyn consisting of 268 apartments and nine commercial spaces. Rose Tree Development sold the buildings, which varied from eight units to 23 units and...
October 9, 2003 Newsday (New York)Donald Partrick's Heatherwood Communities of Long Island, N.Y., is exploring the sale of its commercial properties to concentrate on residential development. The Islandia-based townhouse and office developer has decided to market about 400,000 square feet...
October 9, 2003 Alberta Development Partners LLC and its equity partner, Pacific Coast Capital of San Francisco, have completed the purchase of 301 acres valued at $33 million in Aurora, Colo., and begun construction on Southlands, a $250 million mixed-use...
October 9, 2003 GSP/Rifkind Capital Advisors has arranged a $14.8 million bridge loan to fund the expansion of the House of Blues in Los Angeles and help obtain re-entitlements for the land surrounding the concert venue for the redevelopment of...
October 8, 2003 Rocky Mountain News (First Item)Baceline Core Investors LLC, an affiliate of Highline Acquisitions, paid $12.4 million for 221,000 square feet of industrial buildings in Denver at Sixth Avenue and Interstate 70, Havana Street and Interstate 25, 52nd...
October 8, 2003 A Los Angeles-based investment partnership has purchased Park Heights Apartments in San Bernardino, Calif., for $11.5 million, or about $59,714/unit. The price represents a 6.9 percent market capitalization rate. Alex Mogharebi of Marcus & Millichap's Ontario, Calif.,...
October 8, 2003 San Diego Union-Tribune, Oct. 4The Koll Center in downtown San Diego has sold for at least $88 million to a partnership made up of GE Asset Management and Sentre Partners. The partners bought the 20-story tower at...
October 8, 2003Austin-American StatesmanThe $42 million 220-unit AMLI Downtown apartment complex in Austin, Texas, at Second and Lavaca streets is on track for its planned March opening. It's among four upscale projects, with a total of 500 units, that AMLI...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..