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HOBOKEN, NJ-The Manhattan Building Co. will add its urban, luxury mid- and high-rise multifamily expertise to the portfolio of one of the country's largest homebuilders.
SAN DIEGO-The Idaho multifamily complex nets $123,750 per unit for sellers Alvin E. Sunday and Ruth E. Sunday. Located at 4568 Idaho St., the property houses eight units.
PHOENIX-Lushly landscaped grounds and the unique architectural design of the Biltmore Pavilion caught the eye of a San Clemente firm that wanted to open its first office in Phoenix. The landscape architect signs a two-year lease with a $96,396 value.
DOVER, NY-The purchaser, Dover Knolls Development Co. LLC has preliminary plans to turn the property into a mixed-use development of senior assisted living residences, retail stores and recreational facilities.
LOS ANGELES-The REIT reports net of $20 million for the third quarter, up more than double the previous years third quarter, and a jump in FFO as well.
REDWOOD CITY, CA-Brad Blake and Jerry Hunt of Blake Hunt Ventures and David Irmer of the Innisfree Cos. are jointly developing an 189,000-sf Downtown complex here on top of a city-owned underground parking garage.
DENVER-September rates averaged 63.4% compared to the 61.6% occupancy rate for the same month of 2002. Only two other months for this year, March and July, experienced better occupancy rates than last year.