August 8, 2000Three mortgages totaling $22 million were arranged via RealWebFunds.com last month, marking the on-line lender's busiest month in its 18-month history.Manulife Financial provided a San Francisco investor with $12 million for the acquisition of a four-story, Class-A office ...
August 4, 2000 ATLANTA – Gables Residential (NYSE: GBP) is planning to develop a 183-unit townhouse project in the Druid Hills area of Atlanta near Emory University.The project, which will cost $24 million to develop, will contain one-, two, and ...
July 21, 2000 LOS ANGELES – The Hileman Co., a two-year-old real estate firm, paid $16 million for a 169,000-square-foot office/manufacturing complex in Thousand Oaks, Calif., that it plans to redevelop.Hileman expects to invest an additional $25 million to create ...
July 19, 2000 HORSHAM, Pa. – A unit of GMAC Commercial Mortgage has provided $11.5 million of fixed-rate financing for a hotel in Emeryville, Calif.The Sheraton Four Points hotel, owned by the Emeryville Hotel Development Venture, sits on 1.58 acres ...
July 19, 2000 A venture between Concorde Realty Partners LLC and an institutional investor has put Pine Ridge Square, a 117,438-square-foot shopping center in affluent Coral Springs, Fla., up for sale.The property is expected to sell for about $13 million. ...
July 14, 2000 Alexandria Real Estate Equities Inc. (NYSE:ARE) recently paid $18 million for an office and laboratory complex in Gaithersburg, Md.The $110/sf purchase from Maryland-based Richtree Corp. included the assumption of debt. The acquisitino was detailed in a Form ...
July 10, 2000 An investment group run by Florida developer Pat Sessions has purchased the Ocean Links Apartments in Jacksonville, Fla., for about $17.5 million.The group, Ocean Links of Ponte Vedra LLC, financed its purchase with a $16.5 million mortgage ...
July 10, 2000 HORSHAM, Pa. – GMAC Commercial Mortgage has arranged $10.2 million of financing for two Pennsylvania properties.National Life of Vermont received $6.4 million of financing for the Dutton Mill office/warehouse complex on Turner Way in Aston, Pa. The ...
July 10, 2000Roberts Realty Investors (AMEX:RPI) has finally completed the sale of an Atlanta-area apartment that it first brought to market last summer.The small REIT recovered $14.6 million for the Ivey Brook apartment complex in the Peachtree Corners area of ...
July 7, 2000 CHICAGO – AMLI Residential (NYSE:AML) has formed a joint venture with Prudential Real Estate Investors for AMLI at Peachtree City in Fayette County, Ga.AMLI will receive $23 million for phase I of the 528-unit complex, which contains ...
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