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Flagler Obtains $87 Mil in Financing

remstaff &Globe Street | October 04, 2001

MIAMI-MetLife underwrites several mortgages at a fixed rate of 6.95% over seven-year terms. The developer didn't disclose which properties it mortgaged on the non-recourse loans.

Japanese Firms Planning Manufacturing Plants in Portland, Salem

remstaff &Globe Street | October 04, 2001

SALEM, OR-The names of the companies and the extent of their plans are being held close to the vest at this time, but one would manufacture sports equipment in the Portland area and the other wants to produce printer components in Salem. Both would be built next year.

Owner of Aging Livonia Mall Looks to Sell

remstaff &Globe Street | October 04, 2001

LIVONIA, MI-The 86-store enclosed mall is 38 years old and needs larger tenants to attract a buyer, says vice president of operations Karl Zarbo, hired in part to create an attractive package to a future buyer.

Austin Vacancy Hits Nine-Year High; Rent Pared $1 Per SF

remstaff &Globe Street | October 04, 2001

AUSTIN-Building owners are getting the drift about today's office market, bringing rent down an average $1per sf to $26.15 per sf citywide. Overall vacancy is at its highest, 16.1%, in nine years in the state capital, says Colliers Oxford Commercial

UC Irvine Begins New Research Center

remstaff &Globe Street | October 04, 2001

IRVINE, CA-The $25-million, 68,000-sf building will provide students and faculty with space and technical equipment to study everything from dust particles to planets.

Cohen Financial Secures $2.25-Mil Office Loan

remstaff &Globe Street | October 04, 2001

LITTLETON, CO-A 27,222-sf industrial/office building at 8130 Shaffer Pkwy. is financed by a 10-year non-recourse loan with 28-year amortization and 75% loan-to-value. ITN Energy is a major tenant of the property.

339-Unit Apartment Complex Trades for $55 Mil

remstaff &Globe Street | October 04, 2001

WALNUT CREEK, CA-The Stoneridge Apartments have been acquired by SARES-REGIS, in partnership with GMAC institutional Advisors, who will promptly change the community's name to enhance marketing strategies.

Beazer's Third-Quarter Orders Up

remstaff &Globe Street | October 04, 2001

ATLANTA-The locally based builder of single-family and multifamily product was strong in all sections of the country but dipped in September in the West and Mid-Atlantic markets.

HB Mall's $130-Mil Revamp to Begin Next Year

remstaff &Globe Street | October 04, 2001

ORANGE COUNTY, CA-A partnership of J.H. Snyder Co. and The Ezralow Co. says ambitious makeover of Huntington Beach Shopping Center will begin in mid-2002. Plans call for the outdated complex to become an open-air lifestyle and entertainment center.

Former Recycling Center Sale to Help Housing

remstaff &Globe Street | October 04, 2001

ST. PAUL, MN-Five parties bid on the four-acre property with two buildings and a storage yard, which is sold by Ramsey County for $900,000. The money will go to the Housing Endowment Fund to help finance affordable housing projects.

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Flagler Obtains $87 Mil in Financing

Japanese Firms Planning Manufacturing Plants in Portland, Salem

Owner of Aging Livonia Mall Looks to Sell

Austin Vacancy Hits Nine-Year High; Rent Pared $1 Per SF

UC Irvine Begins New Research Center

Cohen Financial Secures $2.25-Mil Office Loan

339-Unit Apartment Complex Trades for $55 Mil

Beazer's Third-Quarter Orders Up

HB Mall's $130-Mil Revamp to Begin Next Year

Former Recycling Center Sale to Help Housing

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