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FBR Group, FBR Asset Become One

remstaff &Globe Street | November 15, 2002

ARLINGTON, VA-Financial holding company Friedman, Billings, Ramsey Group Inc. and FBR Asset Investment Corp., a REIT, merge in a deal that will call for a stock for stock exchange.

Whelchel Joins Codina

remstaff &Globe Street | November 15, 2002

MIAMI-The former project manager for Cornerstone Development Group in Destin, FL, will focus on the Broward and Palm Beach County office markets for the Coral Gables, FL-based Oncor affiliate.

Terrorism Insurance Legislation on its Way

remstaff &Globe Street | November 15, 2002

WASHINGTON, DC-Members of the US House of Representatives pass a compromise version of terrorism insurance legislation, calling for a federal backstop of up to $90 billion in coverage of terrorism-related losses every year for the next three years. The decision comes after months of conference committee meetings to hash out a joint congressional version of the bill.

London Underground Revises Plans for Key North London Site

remstaff &Globe Street | November 15, 2002

LONDON-London Underground has produced a revised proposal for the redevelopment of Camden Town underground station in North London, to include offices, shops and apartments, after an earlier scheme was rejected.

Rezone Put on Hold for New Council Members

remstaff &Globe Street | November 15, 2002

MENLO PARK, CA-The citizens of Menlo Park have gained a small victory in their fight against rezoning in Menlo Park, as city council members voted not to discuss the proposal until newly elected council members are seated.

Lend Lease Starts in Norwich with Pre-lets in Place

remstaff &Globe Street | November 15, 2002

LONDON-Lend lease has started construction work on its latest UK retail project, the 600,000-sf Chapelfield mall in Norwich, Norfolk. The scheme is 60% pre-let three years ahead of completion.

Sports Field Developer Buys 91 Acres

remstaff &Globe Street | November 15, 2002

HOUSTON-The North Houston land had been on the market for seven years. Part of the problem has been the absence of municipal lines and the cost to remove the agricultural designation. The lands sells when the seller acquiesces on one stickling point.

Downtown Dirt Goes for Record $1M per Acre

remstaff &Globe Street | November 14, 2002

ORLANDO-A subsidiary of Orlando Sentinel Communications Inc. sold the 1.9-acre parcel to Longwood, FL developer Jay Royall, who plans to erect a 276-unit multifamily project with 17,770 sf of ground-floor retail on the site.

Synergy Microsystems Expands at SD Tech Center

remstaff &Globe Street | November 14, 2002

SAN DIEGO, CA-The 17-year-old technology company is wrapping up an expansion of its corporate headquarters in the San Diego Tech Center. Slated for completion within the next month, the project will give Synergy an additional 7,000 sf.

Leisure Industry Welcomes Promised Licensing Reform

remstaff &Globe Street | November 14, 2002

LONDON-Leisure property specialists have welcomed the reform of the UK's antiquated licensing system, promised in yesterday's Queen's Speech which sets out the Government's legislative programme for the coming year.

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FBR Group, FBR Asset Become One

Whelchel Joins Codina

Terrorism Insurance Legislation on its Way

London Underground Revises Plans for Key North London Site

Rezone Put on Hold for New Council Members

Lend Lease Starts in Norwich with Pre-lets in Place

Sports Field Developer Buys 91 Acres

Downtown Dirt Goes for Record $1M per Acre

Synergy Microsystems Expands at SD Tech Center

Leisure Industry Welcomes Promised Licensing Reform

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