David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Valuation: Between $10 million and $25 million
Chastain Capital Sells $21 Mln Mezzanine Loan to BankBoston
August 18, 1999ATLANTA – Chastain Capital Corp. (NASDAQ:CHAS) is selling a $21 million mezzanine loan to BankBoston that it had sold last April to GMAC Commercial Mortgage as part of a repurchase agreement in April.The mortgage REIT will buy back ...
Lexington Corporate Pays $19 Mln for Virgnia Offices, Leases It to NEC
August 18, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) paid $19 million for 14040 Park Center Road, a 108,000-square-foot office building in Herndon, Va., that is leased to NEC America for 10 years.The REIT financed the purchase with ...
Construction Starts on $21.5 Mln Business Park in Inland Empire
August 18, 1999 By Morris Newman, VertiNews.com CorrespondentFONTANA, Calif. – Adaya Asset Corp. has started construction on the Jasmine Distribution Center, a $21.5 million, 650,790-square-foot business park in this former steel town east of Los Angeles.The 32-acre site will eventually ...
AMLI Residential Venture Makes First Buy
August 16, 1999CHICAGO – A venture led by AMLI Residential Properties Trust (NYSE: AML) paid $17.2 million for Prestonwood Hills, a 272-unit apartment complex in Plano, Texas.The venture, which AMLI formed with BPMT Stichting Bedrijfspensioenfonds voor de Metaal en Technische ...
Houston Developments Get $19.4 Mln Financing
August 11, 1999HOUSTON – J.A. Green Development Corp. has lined up $19.4 million in permanent financing from New York Life Insurance Co. for four recently constructed industrial properties in Houston. The four properties total 569,250 square feet and are next ...
Developer of CyberLoan Ponders Offers for Firm
August 6, 1999 DENVER – FinancingSources.com, which developed the CyberLoan system that matches borrowers with potential lenders of commercial mortgages, said it is considering being acquired.The firm, which is privately owned, said it received two offers that it is currently ...
Kranzco Sells 5 Properties for $10.7 Mln
August 5, 1999 CONSHOHOCKEN, Pa. – Kranzco Realty Trust (NYSE: KRT), a retail real estate investment trust in the western suburbs of Philadelphia, said it sold a Connecticut shopping center and four other properties for a total of $10.7 million. ...
CEC Properties Unit Wins $11 Mln Contract
August 4, 1999 NEWPORT BEACH, Calif. – First Golf Corp., a unit of CEC Properties Inc. (OTC: CECI) said it was awarded an $11 million contract to develop and construct two 18-hole courses in the Pueblo of Pojoaque, northwest of ...
U.S. Restaurant Buys 27 Service Stations for $13 Mln
August 2, 1999 DALLAS – U.S. Restaurant Properties Inc. (NYSE: USV) said it paid $13 million for 27 service station properties in North Carolina. The purchase price was a combination of partnership units and cash. All of the properties, which ...
Burke Sells Half of Buildings in New Business Park
July 29, 1999 By Morris Newman, VertiNews.com CorrespondentTHOUSAND OAKS, Calif. – Burke Real Estate Group of Santa Ana, Calif. opened the $14-million, 140,000-square-foot Grande Vista Business Park with 11 of 22 buildings already sold or in escrow.The business park is ...
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