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Houston's Intergroup Stages Deal South of the Border

remstaff &Globe Street | November 05, 2001

HOUSTON-Toronto-based Four Seasons Hotels & Resorts will operate and invest in two South American hotels, being re-branded under a deal structured by Intergroup Capital and Intergroup Realty. Extensive renovations will wrap up in time for a Dec. 1 change.

Insurance, Security Move to Top of Agendas

remstaff &Globe Street | November 05, 2001

CHICAGO-Building owners and their tenants began to rethink security measures in the wake of Sept. 11, and they are already reporting heftier premiums for less insurance coverage when policies come up for renewal.

200,000-SF Dist. Center Sells for $8.2 Mil

remstaff &Globe Street | November 05, 2001

ALGONA, WA-Goodyear Tire & Rubber Co. has six years left on a 20-year lease of the building, and has options to extend the lease another 25 years.

City Steps Up Controversial Clean-Up Campaign

remstaff &Globe Street | November 05, 2001

LOS ANGELES-Government officials say effort to keep the sidewalks clean is needed to make Downtown a better place to live and work, but opponents say it infringes on rights of the homeless.

Lunor Associates Sells Garden Apartment Complex

remstaff &Globe Street | November 05, 2001

LODI, NJ-In a transaction that was arranged by Comperatore Associates, the 52-unit garden complex has been moved into the portfolio of a local real estate group.

Councils Must Give Commercial Planning Applications Higher Priority, Says Falconer

remstaff &Globe Street | November 05, 2001

LONDON-Planning Minister Lord Falconer has ordered local authorities to give higher property to commercial planning applications, but at the same time he has relaxed the statutory deadline for considering applications.

Warehouse Company Leases 125,000 SF Near Port Newark

remstaff &Globe Street | November 05, 2001

NEWARK-Bridgewater Public Warehouse Co. takes the space near this city's port facilities in a transaction arranged by Coldwell Banker Commercial/ Feist & Feist Realty.

Lenders' Belt-Tightening Flips Caution Switch in DFW

remstaff &Globe Street | November 05, 2001

FT. WORTH-The good news is the funding well isn't dry in Texas, says Integra Realty Resources. But, the caution light is on. More equity is required, rates are down and good product, except travel-related, can still get loans under 7% interest.

Developer Kicks Off Historic Rehabs in January

remstaff &Globe Street | November 05, 2001

PHOENIX-The Goldspot, Fontanelle House and Lamar Building are being readied for rehabilitation by a retail developer now focusing on historic properties. Desert Viking will spend upward of $2 million just on the Goldspot.

MBA: $26 Bil at Stake without Federal Terrorism Insurance

remstaff &Globe Street | November 05, 2001

WASHINGTON, DC-The Mortgage Bankers Association has data to prove that without Federal terrorism insurance, $26 billion in commercial real estate financings for the fourth quarter could be at stake. The association urges the government to develop a program addressing the problem as soon as possible.

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