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June 14, 2004 St. Louis Business JournalGrand Center Inc. is hiring McCaffery Interests and its subcontractor Chicago Consulting Studios to work on a $250 million redevelopment program, which includes 168 units of housing, in St. Louis. The project calls for ...
June 11, 2004 Chicago Sun-Times (Fourth item)Victor Patel has won approval from the Chicago Plan Commission for two projects: a 14-story hotel at 601 W. Diversey; and a 23-story condominium tower at 1400 S. Michigan. The 150-room hotel will replace ...
June 11, 2004 Chicago Sun-Times (Third item)The Chicago Plan Commission has endorsed a two-tower residential development for 321 E. Ohio. Developer Golub & Co. will build the project in two phases. The first part will be a 48-story apartment building. ...
June 11, 2004 Chicago Sun-TimesThe former 370,000-square-foot Kool-Aid factory on Chicago's Southwest Side will be razed and replaced by a 260-unit housing development, including single-family homes and a senior-living complex. Senior Lifestyles Corp. and RDM Development and Investment LLC have ...
June 11, 2004 De Vault Operations has bought the 168-unit Heritage Apartment complex in St. Charles, Mo., for $9 million from CMS Management. De Vault assumed debt for the purchase. The property is at 910 Heritage Court and is 90 ...
GMH Associates, a Pa. real estate firm that focuses on student and military housing, is planning to go public as a REIT. GMH Communities Trust has identified about $1.1 billion of student housing and is entrenched in three military privatization ...
June 11, 2004 Corus Bank has provided a $41.2 million loan to an affiliate of Wood Partners for the condominium conversion of Tierra Verde, an apartment complex in Delray Beach, Fla., that was formerly known as Alta Meadows. Tierra Verde ...
June 11, 2004 Birmingham Business JournalEquity Resources LLC, based in Birmingham, Ala., has sold the 532-unit Towne Place at Hunter's Creek apartment complex in Orlando, Fla., for $55 million. Equity Resources purchased the complex in 2002 for $47.7 million.
June 11, 2004 Post Properties Inc. (NYSE:PPS) has sold Post Windhaven, a 474-unit garden apartment community in Plano, Texas, just north of Dallas.The sales price was not disclosed. The Atlanta REIT, which is selling some of its older properties, valued ...
June 11, 2004 Corus Bank has provided a $27.5 million loan to an affiliate of International Capital Corp. to finance the acquisition and conversion of the Park North at Cheney Place, a 303-unit apartment complex at 860 North Orange Ave. ...
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