acquired 331,000 sf of non-anchor space at 523,000-sf center at 3735 E. Thomas Road; anchored by Wal-Mart, Staples, PetsMart, Factory 2U, Walgreens, Home Depot and a movie theater.
Westcore too full ownership by buying out CalPERS' interest
November 16, 2001 Del Cano Properties Trust has agreed to liquidate and sell its real estate portfolio – 11 apartment complexes in Phoenix and southern California – for $106 million.The decision to liquidate follows an unsolicited takeover bid in October ...
Secured Capital was hired to market $195 million of performing commercial mortgages for the Arizona State Retirement System and sell them by the end of the year. The pension fund will then stick to more liquid assets, such as CMBS.
August 24, 2001 CHANDLER, Ariz. – Camden Property Trust (NYSE:CPT) has purchased a 272-unit apartment complex for $20.6 million, or about $75,735/unit.The REIT acquired Camden Pecos Ranch during the second quarter. The property, just outside of Phoenix, was developed under ...
August 14, 2001 PHOENIX – Green Park Financial has provided Pace Management of Deerfield, Ill., $14.3 million in fixed-rate financing to buy the Riverwalk Apartments.The loan has a 30-year amortization schedule and bears a 6.94 percent interest rate.Fairfield Properties Inc. ...
No terms, was asking $19.5Mln; Green Park Financial provided $14.3Mln acq loan for 5345 E. Van Buren St.
July 18, 2001 MOORPARK, Calif. – W.P. Carey & Co. LLC (NYSE:WPC) has purchased two manufacturing facilities from Special Devices Inc. for roughly $37.7 million on behalf of Corporate Property Associates 12 Inc. Under the terms of the sale-leaseback transaction, ...
Prudential funded a loan using an A/B structure, where it will securitize a senior portion with a balance of $91 million, and will retain the junior tranche. The loan was used to finance a portfolio of commercial properties owned by ...
March 29, 2001 PHOENIX - Plans have been unveiled for the 500-room Sheraton Wild Horse Pass Resort and Spa, located just south of Phoenix.The Gila River Indian Community owns the $125 million project. Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) ...
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