October 31, 2003 AMLI Residential Properties Trust (NYSE:AML) has acquired the 90 percent partnership interest it did not already own in AMLI at Danada Farms in Wheaton, Ill., from Ohio State Teacher's Retirement System.AMLI, a Chicago REIT, did not disclose ...
October 31, 2003 The owner of a portfolio of Houston apartment buildings is trying to strike a deal with Merrill Lynch, its lender, to resolve a technical default on $60 million of senior debt.Merrill has apparently not taken title to ...
October 30, 2003 Houston Business JournalSueba USA Corp., based in Houston, this week opened The San Brisas Apartment Homes, a 264-unit garden-style multifamily project built on 20.3 acres at 2020 Eldridge Parkway. The complex, which also contains 48 villa-style townhome ...
October 30, 2003 St. Louis Post-DispatchThe St. Louis-area apartment market has the lowest vacancy rate in the nation, according to an annual survey conducted by a local accounting firm, Rubin, Brown, Gornstein & Co. Vacancy rates grew to 12.8 percent ...
October 30, 2003 New York PostAn architect whose wife is an heir to the Campbell Soup fortune is close to purchasing the InterContinental Hotel on Central Park South. The developer, Stephen Glascock, would pay InterContinental about $60 million for the ...
October 30, 2003 Pacific Business NewsAnother luxury high-rise is slated for construction in the heart of Kakaako in Oahu this fall. Crescent Heights, a developer of luxury condominiums, unveiled plans for the project, named Koolani, on Wednesday.
The two investors paid 64 percent of unpaid balance for a $153 million portfolio of mortgages that were offered by HUD. The agency, meanwhile, is close to selecting an adviser to handle its next loan offering, which could involve $500 ...
Merrill Lynch has provided a $166 million loan on 77 W. Wacker Drive, a 944,556-square-foot office building in Chicago. The loan, which will be securitized in an upcoming CMBS deal, refinances a $157.5 million loan that matured in September.
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