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ATLANTA-Arrowhead Development of Dallas, GA plans a mixed-use project on 340 acres in southwest Paulding County that will include 48,000 sf of commercial and office space and about 700 homes. BridgeMill developers Don Davis and Brett Blevins plan Towne Mill, a 431-acre, 575-townhome and single-family community with undetermined commercial space near Canton in Cherokee County.
BALTIMORE-Colliers Pinkard keeps on top of the Mid-Atlantic market with a series of promotions and appointments at its Baltimore and North Carolina offices.
SUGAR LAND, TX-The Houstonian Club & Spa's owners, Redstone Cos., leases 12,000 sf in the town square project to test a "lite" concept of its upscale hotel offering that it hopes to take on the road in Texas and possibly to out-of-state metros.
ORLANDO-Unable to find financing until it could sell the assets, Orlando Hyatt Hotel Associates tells a US Bankruptcy Court judge it can no longer operate its 919-room, 20-year-old Hyatt Orlando near Walt Disney World and the 281-room, 40-year-old Downtown Four Points Sheraton.
MIDDLETOWN, NY-National Realty and Development has secured $66 million to repay construction debt at its redeveloped Orange Plaza complex, according to officials with David Cronheim Mortgage Corp., which brokered the deal.
NEW YORK CITY-The subsidiary of the MONY Group seeks to invest primarily in $5 to $30 million B Notes that it expects to acquire in the secondary market or generate internally.
WESTMINSTER, CO-Village at Park Centre goes for $9.25 million in what is believed to be a record for an Adams County retail center on a price per sf basis.
TAMPA, FL-The Arlington, VA-based firm acquires the 95-room Hilton Garden Inn Ybor City from Impact Properties of here for $12.25 million, or $128.94 per room, the highest per-room price paid for a hotel in the local market since 1996, according to Dennis Reed, vice president at The Plasencia Group Inc. who brokered the sale.