Congress Considers Extending, Expanding Terrorism Insurance Backstop
The bill before Congress that would expand the federal government's role in insuring against terrorism attacks has sparked debate, with the Bush Administration and the real estate industry at opposite ends.
400,000-SF Shopping Center Launched in Dallas
Dallas Morning NewsDuggan Realty Advisors and United Commercial Development are planning to break ground today on a 400,000-square-foot shopping center in Dallas. The project, Eldorado Market Place, will be at the corner of Eldorado Parkway and Dallas Parkway. A...
Partnership Plans $100Mln Apartment Complex in Pennsauken, N.J.
Philadelphia InquirerA local partnership plans to develop a $100 million apartment complex at the former Pennsauken Mart retail site in Pennsauken, N.J. The partnership, Renaissance Partners LLC of Gibbsboro, N.J., is under agreement to acquire the 31-acre site in...
Housing Authority Buys Seniors Complex in Gaithersburg, Md., for $20.7Mln
Business GazetteA branch of the Montgomery County, Md., Housing Authority acquired a 175-unit seniors housing complex in Gaithersburg, Md., for $20.7 million. The Housing Opportunities Commission acquired the Fair Oak Towers complex at 101 Olendahl Ave., from the Artery...
Anglo Irish Pays $33.9Mln for Boston Property
Anglo Irish Bank's private banking unit has paid $33.9 million for 45 Milk St., a 68,995-square-foot office/retail building in the heart of Boston's financial district.The bank's lending unit, meanwhile, provided debt financing to complete the acquisition. The transaction was...
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