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April 29, 2003 Royal Bank of Canada, an affiliate of RBC Dain Rauscher Inc., has provided a $100 million credit facility to Mills Corp. (NYSE:MLS) to finance a mall in Arroyomolinos, a suburb of Madrid in SpainThe Mills Corp. (NYSE:MLS) ...
April 28, 2003 A joint venture has paid $135 million for The Hotel Ritz in Madrid, Spain.Bermuda-based Orient-Express Hotels Ltd. (NYSE:OEH) teamed in a 50/50 partnership with Spanish investment company Omega Capital to buy the 167-room hotel, which Orient-Express will ...
April 24, 2003 Los Angeles Daily News Basketball's Earvin "Magic" Johnson and his investment partners in Canyon-Johnson Urban Fund are buying downtown Los Angeles's Transamerica Center tower and two adjacent office buildings for more than $100 million. The team plans ...
The pension fund's joint venture with New York-based SHP Asset Management has purchased three senior housing properties in Florida for $113.3 million. The 1.3 million-sf portfolio was sold by its developer, the Johnson Ezell Corp.
April 9, 2003 Mission West Properties Inc. (Amex:MSW) has paid $110 million for a 625,000-square-foot office/research and development complex in Santa Clara, Calif.Mission West said it acquired the complex from an unrelated entity. It is financing its purchase with a ...
April 8, 2003American Financial Realty Trust has completed its $145.7 million purchase of 87 properties leased to Wachovia Bank NA. The 1.1 million-square-foot portfolio consists of 72 bank branches and 15 office buildings.The Jenkintown, Pa., REIT last year agreed to ...
April 3, 2003 Deutsche Office Trust has decided to sell a 28-story office tower in downtown Sydney, Australia. The Class-A building at 45 Clarence St. is expected to hit the market later this month.Deutsche Office Trust, a subsidiary of DB ...
The Chicago-based opportunistic investment firm will use the financing for a portfolio of five buildings in New Jersey and Maryland that it recently acquired.
April 2, 2003 Colonial Properties Trust (NYSE:CLP) has priced $125 million of unsecured notes through underwriters Wachovia Securities and Salomon Smith Barney.The notes carry a coupon of 6.15 percent and mature in April 2013. They were priced at 99.797 percent ...
The Post Paseo Colorado in Pasadena, Calif., has been put up for sale by its owner, Post Properties and the Common Fund. The 391-unit complex is expected to sell for more than $100 million.
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