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September 25, 2001 WEST PALM BEACH, Fla. – AMI Capital has provided a roughly $10 million loan through its Fannie Mae Delegated Underwriting and Servicing program in part to refinance the 192-unit Country Lake Apartments. The borrower was not disclosed. ...
Proceeds were used to pay down the REIT's $225 million unsecured revolving credit line.
The acquisition is part of a plan by Price, which is merging with Excel Legacy, to invest in large, open-air centers. The portfolio was purchased from Swerdlow Real Estate Group.
May 16, 2001 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) has sold three properties in separate transactions for $8.3 million. The properties consist of the 54,000-square-foot Nobel Business Center, Hercules, Calif., the 54,000-sf 109th Street Distribution Center, Grande Prairie, Texas, and ...
January 4, 2001 Commercial Real Estate Direct Staff ReportBank of America has provided $55 million of construction financing for the Strand, an upscale rental apartment complex that is being constructed in West Palm Beach, Fla.The bank has also committed to ...
Bradenton HeraldKush Pathak, a Florida hotel owner, has paid $2.5 million for the Bayshore Inn, an 86-room property in Palmetto, Fla. Pathak bought the hotel, at 3512 U.S. 41 N., from Emil Dudko. The hotel, which was built during the ...
Bradenton HeraldKush Pathak, a Florida hotel owner, has paid $2.5 million for the Bayshore Inn, an 86-room property in Palmetto, Fla. Pathak bought the hotel, at 3512 U.S. 41 N., from Emil Dudko. The hotel, which was built during the ...
Colonnade Properties has purchased Phillips Point, a 423,806-square-foot office complex in West Palm Beach, Fla.The New York firm purchased the property from The Winter Organization, which marketed the complex through the Miami office of HFF Inc.A purchase price was not ...
Colonnade Properties has purchased Phillips Point, a 423,806-square-foot office complex in West Palm Beach, Fla.The New York firm purchased the property from The Winter Organization, which marketed the complex through the Miami office of HFF Inc.A purchase price was not ...
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