City: Houston

February 5, 2001 HOUSTON – Hilton Hotels Corp. (NYSE:HLT) has sold the 319-unit hotel Red Lion Houston Galleria for $20 million.Westheimer Hotel LP paid $62,700/unit for the hotel. Amerimar Enterprises Inc. will manage the property.Hilton has entered into a short-term ...

February 1, 2001 DALLAS – Infomart has partnered with Sarofim Realty Advisors to buy 65 acres at the northwest corner of Interstate 45 and Beltway 8 West in Houston's Greenspoint area from Ray Nasher.Infomart, the Dallas-based developer of technology communities ...

January 22, 2001 HOUSTON – AMLI Residential (NYSE:AML) will develop and own the AMLI at King's Harbor apartment community, in a joint venture with New York State Common Retirement Fund.The roughly $20 million project will consist of 300 units set ...

January 10, 2001 HOUSTON – EastGroup Properties (NYSE:EGP) has acquired the World Houston 10 building for $5.7 million.The 107,000-square-foot building is 100 percent leased to a single air freight tenant for an additional eight years. Additionally, the company has purchased ...

The partnership of New York's Angelo, Gordon and Philadelphia's Amerimar Enterprises is growing with the purchase of a downtown hotel in Houston. Plans call for a major interior rehab of the structure.

December 22, 2000 ATLANTA – Wells REIT has paid $45 million, or $144/sf, for the office building at 1430 Enclave Parkway in Houston.The property is fully leased to Stone & Webster and Sysco Corp.Stone & Webster, which occupies 66 percent ...

December 11, 2000 GMAC Commercial Mortgage is leading a group that is providing $43 million of construction financing for the renovation of the historic Humble Oil Building at 1212 Main St. in downtown Houston.GMAC's hospitality industry division in Washington, D.C., ...