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Fidelity Financial Closes ANFI Deal

remstaff &Globe Street | March 31, 2003

IRVINE, CA-Fidelity wants to expand its Ticor Title brand, and it says the ANFI acquisition is a key component of that strategy. The closed deal means the Orange, CA-based ANFI will operate under Ticor flag.

$720,000 Buy Sparks Student Housing Plan

remstaff &Globe Street | March 31, 2003

TEMPE, AZ-The Phoenix-area investor acquires a single-story building with 18 units, practically all empty, in a turnaround play for a property within walking distance of Arizona State University.

Investors Snap Up $1.7 Billion in Commercial Properties

remstaff &Globe Street | March 31, 2003

DENVER-Investors in Denver-area income producing properties spent 25% more in 2002 than 2001 according to a recent market research report.

Quadrant, Cigna Sell 50,500-SF Trailside Building for $5.25M

remstaff &Globe Street | March 31, 2003

ISSAQUAH, WA-The two-story tilt-up in the Snoqualmie Ridge Business Park was about 40% leased at the time of sale and built out as 100% office. The buyer, the Northwest District Council of Assemblies of God, will use the remaining space as its new headquarters.

Plan Unfolds for Closed Eatery Site

remstaff &Globe Street | March 31, 2003

HOUSTON-A local restaurateur has acquired a 5,000-sf building on a 38,365-sf tract at 1104 Spanish Trail in Houston's Medical Center District. The new owner plans to raze the building, raise a new one and exit leased retail space in the Medical Center.

Houston's TOBY Winners Named

remstaff &Globe Street | March 31, 2003

HOUSTON-Crescent, MetroNational, Granite and Cushman & Wakefield step up to the dais to accept the local honors from the Houston BOMA Chapter. Next month will be the regional face-offs in Albuquerque.

Marriott Waves Goodbye to Senior Living with $400M in its Pocket

remstaff &Globe Street | March 31, 2003

WASHINGTON, DC-Marriott International Inc. bids a fond farewell to the senior-living property business with the closing of a $255-million disposition of Marriott Senior Services Inc.'s remaining senior communities and outstanding stock. All together, the selling-off of the subsidiary leaves Marriott with about $400 million to play with.

New 280-Unit Complex Obtains $27M in Permanent Financing

remstaff &Globe Street | March 31, 2003

SACRAMENTO-Conduit lender Wachovia Securities provided the 10-year, fixed-rate loan. The broker that sourced the loan says the challenge was obtaining the full loan commitment prior to the asset's stabilization.

State Kicks in $38M to Help Renovate Cheyney U

remstaff &Globe Street | March 31, 2003

PHILADELPHIA-The special one-time grant will be utilized to restore six 200-year-old, vacant and deteriorating stone structures on the 275-acre campus of the country's oldest African American university. The buildings will become housing, classrooms, a cultural center and the president's office.

Regency Centers Acquires 37 Acres, Flips 24 to Wal-Mart

remstaff &Globe Street | March 31, 2003

FORT WRIGHT, KY-Regency Centers pays $12 million for 37 acres in this suburb of Cincinnati and simultaneously flips about two-thirds of it to Wal-Mart for an undisclosed price. Wal-Mart will develop a Super Center on the site and Regency will develop periphery pads and an 18,000-sf strip center on the remainder.

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Fidelity Financial Closes ANFI Deal

$720,000 Buy Sparks Student Housing Plan

Investors Snap Up $1.7 Billion in Commercial Properties

Quadrant, Cigna Sell 50,500-SF Trailside Building for $5.25M

Plan Unfolds for Closed Eatery Site

Houston's TOBY Winners Named

Marriott Waves Goodbye to Senior Living with $400M in its Pocket

New 280-Unit Complex Obtains $27M in Permanent Financing

State Kicks in $38M to Help Renovate Cheyney U

Regency Centers Acquires 37 Acres, Flips 24 to Wal-Mart

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