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ARLINGTON, VA-The Hudson, a 293-unit apartment complex to debut next summer, secures a $51.25-million financing package from Chicago-based Corus Bank. The project will consist of an archway-linked high-rise structure and a condominium-style building.
WOODLAND HILLS, CA-The Irvine, Calif.-based brokerage picks up four Told Partners brokers to open an office that will specialize in office property investment deals.
HACKETTSTOWN, NJ-The candymaker, whose other divisions make everything from Uncle Ben's food products to pet food, has hired CBRE to do a company-wide study.
ATLANTA-The Raleigh, NC-based shopping center REIT will notify common stockholders Sept. 23, calling for a special meeting and vote on its proposed merger into a Prometheus/Kimco joint venture that is strongly opposed by preferred stockholders.
CHICAGO-Splitting operations of the joint venture between R.H. Donnelley and Ameritech an option during a 60-day consulting assignment for Julien J. Studley, Inc. that ends with the Yellow Pages marketer staying at 200 E. Randolph St.
PHILADELPHIA-A $1.44-million federal grant joins the state of Ohio's $6.25-million allotment to protect productive farmland from non-agricultural development this year. However, funding all 442 applications would require $127 million.
PHILADELPHIA-a $1.44-million federal grant joins the state of Ohio's $6.25-million allotment to protect productive farmland from non-agricultural development this year. However, funding all 442 applications would require $127 million.
DETROIT-The 544-acre site once slated for residential development has been sold for $800,000 more than a government appraisal. It will serve as final resting place for more than 90,000 veterans by 2040.
MORENO VALLEY, CA-The new owner of the Grand Meadows apartments plans extensive renovations to the complex, which was built in 1973. The seller had owned the property for about three and a half years.
BELLEVUE, WA-In their first public discussion of the possible $94-per-sf acquisition for a new civic center, Bellevue City Council members called it a bargain price. Necessary renovations would raise the total project cost to as much as $350 per sf.