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BARSTOW, CA-Built in 1986, the 156-unit property stands at 755 E. Virginia Way. The transaction marks the latest in a string of Inland Empire multifamily sales, as the apartment market here continues to attract investor interest.
DULLES, VA-The proposed 175-room Residence Inn-Dulles Airport becomes a reality as developers Lerner Enterprises and The Tower Companies announce plans for construction on the hotel to begin late next year.
WESTWOOD VILLAGE, CA-TIAA-CREF buys the developer's 187-unit luxury apartment complex near UCLA for $455,000 per unit, believed to be the highest price per unit ever paid in LA.
MOODY'S CONFIRMS RATINGS OF TANGER PROPERTIES LIMITED PARTNERSHIP (SENIOR AT Ba2); CHANGES RATING OUTLOOK TO POSITIVE Approximately $180 Million of Securities…
ORLANDO-Randall C. "Randy" Morris, Seminole County commissioner since 1994, had his $50 million development approved after discussing the project by phone with a fellow commissioner--an alleged violation of Florida's Sunshine Law, the commissioner's critics charge.
SAN DIEGO, CA-According to research by Hendricks & Partners, the San Diego County apartment market experienced positive absorption in the second quarter of 2002, with net move-ins at 1,040 units. The figure marks a significant change from the same period last year when the number of net move-ins was recorded as 133 units.
NEW YORK CITY-The badge-checkers are stationed at the portals of our nation's lobbies, but most respondents to GlobeSt.com's latest Quick Survey tell us that it's not nearly enough.
AUSTIN-The officers are elected, the board is in place and the application will go into the national office in January 2003. Brokers, lawyers, title company representatives and even State of Texas officials are on board.
MIAMI-The two companies have purchased Lakes Plaza, a 45,000-sf, 55%-occupied, 15-year-old office building for $4 million or $88.88 per sf.. The deal marks their second joint-venture acquisition in Miami Lakes, F, in the last 10 months.