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$12M Finances Apartment Rehab

remstaff &Globe Street | December 02, 2003

ANAHEIM, CA-The equity goes to the Jeffrey Lynne Perimeter development from Related Capital, which previously invested $25.6 million in the project's first phase.

MassHousing Makes Loan to Develop 38-Unit Complex

remstaff &Globe Street | December 02, 2003

FALL RIVER, MA-MassHousing approves a $2.5 million loan to build Gage Hill Condominiums, a mixed-income 38-unit complex on North Main Street. The development will be housed in 19 duplex buildings and will take about 24 months to complete.

GMAC Staying in Commercial Mortgage Business

remstaff &Globe Street | December 02, 2003

DETROIT-GMAC says it is shelving plans for a possible sale of its commercial mortgage business after record levels of business in 2003.

EOP Names Silicon Valley Managing Director

remstaff &Globe Street | December 02, 2003

SAN JOSE-Equity Office Properties Trust names Richard Scott--most recently principal and senior vice president of Commercial Property Services Co. in Santa Clara, CAits managing director leasing in the San Jose region.

Fog Cutter Capital Reports Bourne End Sale

remstaff &Globe Street | December 02, 2003

PORTLAND-Bourne End Properties, which the locally based investment company acquired in 2000, sells a 97,000-sf retail center located in Bridgewater, England, for $23.5 million.

Artspace Wins $310,000 in Housing Grants

remstaff &Globe Street | December 02, 2003

MINNEAPOLIS-Artspace, a nonprofit real estate developer for the arts, has projects under construction in Fergus Falls, MN, and two other cities, and projects in design in five cities.

Hospital Plans for $81M Expansion Endeavor

remstaff &Globe Street | December 02, 2003

LYNCHBURG, VA-Centra Health reveals plans for two new facilities totaling nearly 200,000 sf. The healthcare company is proposing to spend $81 million to build a new cancer treatment building and a five-story patient tower.

Pittsburgh Pizza Chain Plans 15 Sites

remstaff &Globe Street | December 02, 2003

ATLANTA-Locally based Spectrum Realty Advisors Inc. is representing the JNT Group of Atlanta LLC for the 100-unit Vocelli Pizza company which will be leasing up to a total 22,500 sf over the next three to four years in the metro area.

Office Market Shows Signs of Life

remstaff &Globe Street | December 02, 2003

DENVER-The third quarter report by the Frederick Ross Co. shows some slow but steady indicators for the market's road to recovery.

Royal Oak Motels to be Razed

remstaff &Globe Street | December 02, 2003

ROYAL OAK, MI-The city commission here plans to raze two hotels it says are high crime spots, and seeks to have the property sold for new development.

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$12M Finances Apartment Rehab

MassHousing Makes Loan to Develop 38-Unit Complex

GMAC Staying in Commercial Mortgage Business

EOP Names Silicon Valley Managing Director

Fog Cutter Capital Reports Bourne End Sale

Artspace Wins $310,000 in Housing Grants

Hospital Plans for $81M Expansion Endeavor

Pittsburgh Pizza Chain Plans 15 Sites

Office Market Shows Signs of Life

Royal Oak Motels to be Razed

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