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Southland Buys Four Senior Housing Assets for $8.5M

remstaff &Globe Street | April 22, 2003

ORLANDO-The Orlando office of Primary Capital Advisors arranged a $10.7 million bridge loan with an affiliate of Merrill Lynch to cover the acquisition, leasing and marketing costs of its Florida properties in Orlando, Lakeland, Melbourne and Ormond Beach.

$70M Data Recovery Building Ready to Go

remstaff &Globe Street | April 22, 2003

EL SEGUNDO, CA-Kilroy Realty starts marketing a 131,000-sf high-tech facility equipped with $70 million of equipment with "mission critical" or Tier 4 capability. The REIT took the building back from a tenant's bankruptcy.

London Hotels Suffer Fall-Out from Iraq War

remstaff &Globe Street | April 22, 2003

LONDON-London hoteliers faced particularly dramatic losses in the early stages of the war in Iraq with occupancy levels and room rates tumbling, according to new research from PKF.

Malkin Partnership Buys Westport Retail Building for $18M

remstaff &Globe Street | April 22, 2003

WESTPORT, CT-A limited partnership, led by New York City real estate executives Peter L. and Anthony E. Malkin, has acquired 66-99 Main St. here, home to the Gap, Ann Taylor and J. McLaughlin.

GlobeSt.com UPDATE: Apt. Workers Get Ready to Strike

remstaff &Globe Street | April 22, 2003

NEW YORK CITY-What's being termed a "little movement on wages" isn't quite enough for union officials to express optimism that a strike will be averted. The contract that binds 28,000 apartment workers to their jobs runs out at midnight.

Katz Named Senior VP for Trammell Crow

remstaff &Globe Street | April 22, 2003

MIAMI-Katz will service industrial tenants and property owners in South Florida transactions. Before he joined Trammell Crow, Katz was senior managing director in Insignia/ESG Inc.'s Industrial Services Group in New Jersey.

28,000-SF HQ Space Hits the Market

remstaff &Globe Street | April 22, 2003

JERSEY CITY-Vacated by shipping firm Maher Terminals, the two-floor, class A opportunity is located within the venerable One Journal Square Plaza in this city's downtown.

HUD Puts $1.8B in Housing Grants up for Grabs

remstaff &Globe Street | April 22, 2003

WASHINGTON, DC-The Department of Housing and Urban Development releases SuperNOFA, the annual, fiscal-year package that spreads the word about available funds to be allotted to competitive bidders developing affordable housing. For fiscal year 2003, $1.8 billion in grants is available.

Detroit Has Worst Record of Property Taking

remstaff &Globe Street | April 22, 2003

DETROIT-311 lawsuits were filed in Michigan involving private land snatched by government for use in new commercial developments, says D.C. Institute for Justice, which is one of the highest rates in the nation.

2,000-Acre Worldport Plans Unveiled

remstaff &Globe Street | April 22, 2003

HOUSTON-The Allen Group of Carlsbad, CA, makes its Texas entry with a raw materials distribution hub with a land and sea direct connect. CBRE and IMS Worldwide make up the rest of the team for the Houston investor's project.

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Southland Buys Four Senior Housing Assets for $8.5M

$70M Data Recovery Building Ready to Go

London Hotels Suffer Fall-Out from Iraq War

Malkin Partnership Buys Westport Retail Building for $18M

GlobeSt.com UPDATE: Apt. Workers Get Ready to Strike

Katz Named Senior VP for Trammell Crow

28,000-SF HQ Space Hits the Market

HUD Puts $1.8B in Housing Grants up for Grabs

Detroit Has Worst Record of Property Taking

2,000-Acre Worldport Plans Unveiled

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