Authority plans to demolish the hotel and turn it into a 1,100-space parking lot for the 1.3mln-sf South Hall expansion to the Convention Center opens in November.
March 5, 2001 GreenPark Group LLC, a Seal Beach, Calif., investment firm that specializes in environmentally contaminated properties, is gearing up to raise $200 million of equity for its second investment fund, GreenPark Fund II.The firm has tapped Merrill Lynch ...
February 16, 2001 NEW YORK – Standard & Poor's has assigned its triple-B rating to Camden Property Trust's $150 million senior unsecured notes due 2011 and $50 million senior unsecured notes due 2006.The deals other classes have been affirmed. The ...
January 10, 2001 (NewsTraders.com) – Gaming concern Station Casinos (NYSE:STN), which recently closed on its purchase of Fiesta Casino Hotel, revealed in a Tuesday filing that it paid $170 million in cash for the North Las Vegas, Nev., property, $15 ...
January 5, 2001 LAS VEGAS – As anticipated, Station Casinos Inc. (NYSE:STN) has closed on its $185 million purchase of the Fiesta Casino Hotel in North Las Vegas. The new owner plans to keep the property's Fiesta name and theme. ...
January 2, 2001LAS VEGAS, Nev. – Sierra Health Services Inc. (NYSE:SIE) has sold the majority of its Las Vegas real estate for $115 million.CB Richard Ellis Corporate Partners LLC, an investment fund led by CB Richard Ellis, is buying the ...
October 23, 2000 TEJON RANCH, Calif. – IKEA has begun construction on a 1.8 million-square-foot distribution center on an 80-acre site in the Tejon Industrial Center, owned by the Tejon Ranch Co. (NYSE:TRC), one of the largest landowners in California.The ...
August 28, 2000 ILX Resorts Inc. (AMEX:ILX) has agreed to buy the leasehold interest in the Las Vegas International Golf Center, a 44-acre property near the Las Vegas strip.Under terms of the agreement, the developer has six months to complete ...
June 2, 2000 Associated PressLAS VEGAS – MGM Grand Inc., fresh from a $6.4 billion acquisition of Mirage Resorts Inc., could begin construction on an "over-the-top" Strip mega-resort in 18 months, Chairman J. Terrence Lanni said. Meanwhile, his company also ...
March 22, 2000NORTHBROOK, Ill. – Grubb & Ellis Co. (NYSE:GBE) has entered into a joint venture with affiliate Grubb & Ellis/Pacific Realty to form Grubb & Ellis/Las Vegas.The Las Vegas area has been one of the fastest-growing regions of the ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
