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HOUSTON-L.J. Melody & Co. of Houston gets final signatures on loan packages for multifamily projects in Houston and Madison, WI. The under-construction 3333 Allen Parkway in Houston secures a $59-million package for developer Simmons Vedder.
MANCHESTER-Is it just a gimmick? Taylor Woodrow plans a benchmark eco-friendly building for its massive Macintosh Village homes and shopping scheme at the southern approach to Manchester city centre.
MONTICELLO, NY-Due to the fiscal fallout caused by the Sept. 11 terrorist attack on the World Trade Center, the State Legislature approved a measure on Wednesday evening that will bring as many as six Indian run casinos into New York State.
SAN JUAN CAPISTRANO, CA-A $6.9-million loan is finalized for a 70,088-sf, five-building complex in San Juan Capistrano. Terms of the three-year non-recourse loan include an 85% LTV ratio. Heller Financial provides the financing.
PORTLAND, OR-The first tenants should be able to move into Block One of the Gerding/Edlen Development project early next year. Final completion is slated for 2003.
LOS ANGELES-The online real estate company's shares fall another 5% after Homestore issues earnings a warning and announces plans to lay off 700 workers. The firm had been among the few to survive the high-tech meltdown that began last year.
AUSTIN-It's brutal if not downright ugly in a September to September match-up of air cargo traffic at Austin's Bergstrom International Airport. The first nine months of 2000 and 2001 show a 6% drop, but the month-to-month match was down 42%.
PHOENIX-California jeweler, Irmas Gold & Co., acquires a 17,600-sf industrial building in one of the region's most stable submarkets, the Black Canyon. The location and the structure fuel a $640,000 sale for the LLC owner.
EMERYVILLE, CA-Barnes & Nobles joins the well known anchors of Bay Street Center, which include Banana Republic, Old Navy, Talbot's, Ann Taylor Loft and the Gap, in signing a lease for 26,000 sf.