• Ocwen Buys $1.8 Bil of Metropolitan's Mortgages

    WEST PALM BEACH, FL-Metropolitan Mortgage & Securities Co. of Spokane, WA sells the servicing rights on about 31,000 mortgages to locally based Ocwen Financial Corp. for an undisclosed sum. West Palm Beach is 67 miles north of Miami.

  • Greenlee Makes Bid on Casino Operation

    BLACK HAWK, CO-The stakes have changed in a buyout bid for Black Hawk Gaming and Development Co. Former Boulder mayor Bob Greenlee is offering $12 per share, up $1 from a now-dead proposal by the casino operator's CEO.

  • Test Equipment Maker Buys Wixom Building

    WIXOM, MI-Veri-Tek International Corp. uses more than $2 million in state industrial development revenue bonds bonds for a 27,000-sf manufacturing facility owned by James and Janet Juranitch and leased to the company.

  • County Acquires Eastside Apartments

    BELLEVUE, WA-With the help of money partner Columbia Housing, the King County Housing Authority acquired the Somerset Gardens apartment complex here and will keep the units affordable to workers too often priced out of the community in which they work.

  • La Verne Retail Center Sells for $5.4 Mil

    LOS ANGELES-A group of private investors acquires a 5.3-acre complex located in the county's Eastern fringe.

  • Video Game Maker Renews, Expands Lease

    WALNUT CRREK, CA-Redwood City, CA-based Electronic Arts renews its lease for 42,398 sf on the 6th floor of the California Plaza office building here and takes another 36,834 sf on the 7th floor in a eight-year deal worth $28 million.

  • Economic Slowdown a Stranger to Mocksville

    MOCKSVILLE, NC-Activity continues to be brisk in this small but booming area (Pop. 4,000), 60 miles northeast of Downtown Charlotte and 20 miles south of Winston-Salem, NC. Growth, however, is beginning to outpace water and sewer capacity.

  • GHP Signs a Dozen Deals

    WHITE PLAINS-GHP Office Realty has closed 12 new lease deals at its office buildings here and relocated its corporate headquarters, leasing and management operations to One West Red Oak Lane.

  • Transportation Board Sets $60-Mil Cap on Station Buy

    DENVER-The Regional Transportation District Board will go up to $60 million and not a dime more to gain title to Union Station in LoDo. Appraisers are being hired to determine a station value so an intermodal hub project can proceed.

  • Hotel Referendum Slows Berger's Project

    DENVER-Developer Bruce Berger is frustrated by a union-backed petition for a referendum vote on a $55-million subsidy for his convention center hotel project. He's holding onto hope in the midst of a controversy that pits constituents against council.