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DALLAS-The mortgage industry wants more coverage and insurers are offering less at higher costs due to rising catastrophic claims. Exclusion is the buzzword making its rounds at the National Mortgage Servicing Conference being held this week in Dallas.
LONDON-Slough Estates has leased a 26,870-sf laboratory, production and office building at Centennial Park, Elstree, Hertfordshhire to German pharmaceutical research company, Cellzome.
LONDON-An ambitious project to revitalise the heart of a northern British town offers more than 100 acres of opportunities to developers and relocating companies.
ORLANDO-A clear signal that the locally based global timeshare developer is coming out of Chapter 11 reorganization shortly surfaced today. The company named Paula Woodgate CEO of Sunterra Europe (Group Holdings) plc; and Michael Hall president of Las Vegas-based Sunterra Financial Services Inc.
BOSTON-The local office of Trammell Crow Company coordinates the American Association of Retired Persons' effort to open offices in 50 states across the country. The effort has resulted in 29 leases so far.
SPOKANE, WA-WestCoast Hospitality Corp. has named the development team that will lead the combined company's Family of Hotels franchise sales. The switch was deemed necessary since the merger of WestCoast and Red Lion last year.
SEATTLE, WA-Though located in an area of bioscience companies incubated at the University of Washington, this 164,000 sf, $40-million project was originally drawn as ordinary class A office space until the market collapsed.
MINNEAPOLIS-Lisa Bormaster, publisher of CityBusiness, will pursue her board of directors' aggressive agenda of economic development issues. She had a similar role during her stay in Austin, TX.
MIAMI-The Coral Gables, FL-based commercial and residential developer has named Tom Gillette regional manager to handle day-to-day operations and manage the company's 1,100-acre Bartram Springs residential project at Phillips Highway (U.S. 1) and Racetrack Road in Duval County.
MESA, AZ-Lew Cook of Carefree plunks the proceeds from a ranch sale into a fully occupied, 76,475-sf business center in East Mesa. The seller's broker says Victoria Properties is planning to redeploy some capital with the deal.