City: Houston

January 3, 2002 Red Mortgage Capital Inc. has arranged $20.4 million of Fannie Mae delegated underwriting and servicing mortgages for Hearthstone Assisted Living Inc., a Houston-based operator of assisted-living facilities. The financing is backed by four facilities, totaling 248 units, ...

December 24, 2001 Halliburton Postpones Plans for Offices in Houston's Westchase DistrictHouston Business Journal HOUSTON – The Halliburton Co. has postponed plans to develop a corporate campus for the Westchase District in favor of occupying existing office space. While downtown ...

December 6, 2001 NEW YORK – Moody's Investors Service has affirmed the ratings of TrizecHahn Office Properties Trust, 2001-TZH – which has a substantial exposure to Houston properties occupied by Enron Corp. – in part because it previously factored in ...

December 3, 2001Commercial Real Estate Direct Staff ReportA $1.44 billion CMBS deal that TrizecHahn Corp. (NYSE:TZH) used to finance 28 of its properties includes a large mortgage on the Allen Center, a 3.2 million-square-foot office complex in Houston. One of ...

The two lenders, active in the practice of writing loans under A/B structures, are offering packages of junior loan participations. Each package contains more than $100 million of participations.

The prospect of energy giant Enron going belly up has the Houston office market scrambling. The company occupies nearly 10 percent of downtown office space, much of it at its 1.26 million-sf headquarters.

November 27, 2001 NEW YORK – Moody's Investors Service has upgraded Credit Suisse First Boston Mortgage Securities Corp., 1998-FL1, because its subordination levels have increased as a result of loan payoffs and amortization.The rating agency upgraded the deal's: – Class ...

November 26, 2001 HOUSTON – Clarion Partners is looking to sell a 599,156-square-foot office portfolio in suburban Houston that could fetch about $60 million, or $100/sf.The pension fund adviser has hired Granite Partners to market the three office properties for ...

November 6, 2001 HOUSTON – Gables Residential (NYSE:GBP) paid $26.8 million for a 75 percent stake in the Gable Metropolitan Uptown. The transaction gave Gables 100 percent ownership in the property.Gables purchased the 318-unit property at 3300 Sage near the ...

The opportunistic fund that owns and has been trying to sell Louisiana Place in Houston has opted to refinance it. Cigna has provided a five-year loan allowing the property's owner to quickly pull the trigger on a sale when the ...