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University Complex Leverages $6.3M Refi

remstaff &Globe Street | April 11, 2003

HUNTSVILLE, TX-The 300-unit University Place Apartments stand as collateral for the 10-year Fannie Mae DUS loan, which came with a 5.26% interest rate. The 21-building project, built in 1973, is near Sam Houston State University.

204-Unit Apt. Complex Gets Final Approval

remstaff &Globe Street | April 11, 2003

HOBOKEN, NJ-The project, being developed by Danmarc Partners, will turn an auto junkyard into a more profitable use. Construction is slated to start this summer.

Cost of Zoning Code Rewrite Questioned

remstaff &Globe Street | April 11, 2003

CHICAGO-There is scant criticism of the city's first rewrite of its zoning ordinance in 46 years. However, some aldermen wonder if departments charged with enforcing it have the manpower to oversee all the additional projects added to their plates.

1.2M SF Management Pact Awarded

remstaff &Globe Street | April 11, 2003

LOS ANGELES-The Los Angeles Unified School District names the Downtown LA management company to manage 1.2 million sf of district offices at eight location. The one-year contract is costing $731,342.

ResortQuest, Wells Fargo Subsidiary Form JV

remstaff &Globe Street | April 11, 2003

DESTIN, FL-The companies say the joint venture, Resort Trust Mortgage LLC, will allow the Destin, FL-based manager of vacation homes to leverage its existing real estate business while giving the Des Moines, IA-based lender entrie to the timeshare industry.

Brixton Bucks Trend With Rental Growth in Oxford

remstaff &Globe Street | April 11, 2003

LONDON-Brixton is claiming a new record rent with a new letting at pounds 7.75 ($12) per sf for a new letting at the second phase of the 170,000-sf Oxford Industrial Park.

Resort Developer Wins Long-Term Lease from Idaho State Land Board

remstaff &Globe Street | April 11, 2003

BOISE, ID-Tamarack Resort LLC can now proceed with development of a 3,600-acre destination resort in west central Idaho. The first phase will include three ski lifts, grading for a Robert Trent Jones II golf course and infrastructure for home sites.

Evergreen Grows to 260,000 SF in Richmond

remstaff &Globe Street | April 11, 2003

RICHMOND, VA-Evergreen Enterprises Inc. decided to expand facilities here through a $5 million construction plan. The project, due to commence immediately, will add 100,000 sf to the home and garden accessories provider's existing 160,000-sf industrial building.

Educational Center Takes 30,000-SF Warehouse

remstaff &Globe Street | April 11, 2003

CANTON, MA-The Judge Rotenberg Educational Center leases a 30,000-sf warehouse at 45 North St. The firm will use the space to operate one of its chain of residential and day programs for developmentally or emotionally disabled children and adults.

Black Creek Breaks Ground on Affordable Project

remstaff &Globe Street | April 11, 2003

DENVER-The city of Denver chose an affiliate of the Black Creek Group to develop a multifamily and retail project that will help revitalize a worn-out section of Morrison Road. The project is now under way.

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University Complex Leverages $6.3M Refi

204-Unit Apt. Complex Gets Final Approval

Cost of Zoning Code Rewrite Questioned

1.2M SF Management Pact Awarded

ResortQuest, Wells Fargo Subsidiary Form JV

Brixton Bucks Trend With Rental Growth in Oxford

Resort Developer Wins Long-Term Lease from Idaho State Land Board

Evergreen Grows to 260,000 SF in Richmond

Educational Center Takes 30,000-SF Warehouse

Black Creek Breaks Ground on Affordable Project

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