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Sentara Healthcare Hones in on 40,000 SF at Crossways I

remstaff &Globe Street | July 24, 2003

CHESAPEAKE, VA-The 137,000-sf Crossways I office property welcomes a new tenant with Sentara Healthcare's recent commitment to 40,000 sf of space under a 10-year lease agreement.

Delphi Steps Back from REIT Plans

remstaff &Globe Street | July 24, 2003

DETROIT-Large automotive supplier postpones its plans to sell its preferred stock in order to create a real estate investment trust. The sale would have raised $345 million for its pension funds.

Developer Lands $17.4M Loan for Louisiana Apartment Project

remstaff &Globe Street | July 24, 2003

ST. TAMMANY PARISH, LA-The 6.20% construction-to-permanent loan provided by New York-based Metropolitan Funding Corp. will be used to develop The Park at Covington, a 264-unit garden-style apartment project in St. Tammany Parish, LA.

280-Units Rising in South San Antonio

remstaff &Globe Street | July 24, 2003

SAN ANTONIO-The deal was in progress, with Lend Lease as an equity partner, when Toyota picked San Antonio for a truck manufacturing plant. The loan originator says a good deal is now a great one for the developer of Southside Villas.

Labor Pact Smoothes Path to $500M Convention Center Expansion

remstaff &Globe Street | July 24, 2003

PHILADELPHIA-After a yearlong standoff, six trade unions agree to work rules

Retail Tenant Becomes Building's New Owner

remstaff &Globe Street | July 23, 2003

CHICAGO-Ivan Noel Salon gets a $2.57-million mortgage from Harris Bank of Arlington Heights at 5.75% to buy the four-story, 18,314-sf building at 12 W. Maple St. on the Near North Side.

House Subcommittee Signs off on Multifamily Loan Legislation

remstaff &Globe Street | July 23, 2003

WASHINGTON, DC-The FHA Multifamily Loan Limit Adjustment Act of 2003 moves closer to becoming law as the US House of Representatives Financial Services Committee's Subcommittee on Housing and Community gives the legislation the thumbs up via a recent voice vote.

Vegas Hotel Owner Planning to Recreate 'The Strip' on Foreign Soil

remstaff &Globe Street | July 23, 2003

COTAI, MACAO-For this Special Administrative Region of the People's Republic of China, the owner and operator of The Venetian Casino Resort in Las Vegas is planning a $5- to $10-billion development that would include 20 mega resorts and 60,000 hotel rooms.

25 of 30 at Insignia in Portland Make Transition to CBRE

remstaff &Globe Street | July 23, 2003

PORTLAND-CB Richard Ellis' top local executive Mark Fitkin tells GlobeSt.com the acquisition of Insignia bumps the company's property management portfolio from around two million sf to in excess of six million sf, making one of the largest property management operations in the city.

Fleet Completes $72M Financing and Syndication for 744 Broad St.

remstaff &Globe Street | July 23, 2003

NEWARK, NJ-In one of the largest real estate transaction in Newark's history, Fleet has completed a $72.1 million financing and syndication loan for the refinancing of 774 Broad St., also known as the National Newark Building.

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Sentara Healthcare Hones in on 40,000 SF at Crossways I

Delphi Steps Back from REIT Plans

Developer Lands $17.4M Loan for Louisiana Apartment Project

280-Units Rising in South San Antonio

Labor Pact Smoothes Path to $500M Convention Center Expansion

Retail Tenant Becomes Building's New Owner

House Subcommittee Signs off on Multifamily Loan Legislation

Vegas Hotel Owner Planning to Recreate 'The Strip' on Foreign Soil

25 of 30 at Insignia in Portland Make Transition to CBRE

Fleet Completes $72M Financing and Syndication for 744 Broad St.

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