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ANFI Seeks Capital for New Venture

remstaff &Globe Street | September 04, 2001

ORANGE, CA-The locally based real estate services company has announced that it is negotiating joint venture agreements with several real estate brokers, in order to start up new agencies. American National Financial Inc. will own 51% of the new agencies with the respective brokers owning 49%.

Beverly Hills Office Building Fetches $32.9 Mil

remstaff &Globe Street | September 04, 2001

LOS ANGELES-Located on Wilshire Boulevard, the 12-story structure encompasses 103,000 sf. The sale by Pacific Eagle Holdings follows a recent report showing rents are rising despite climbing vacancy rates.

KSI Acquires Woodside Manor in Silver Spring

remstaff &Globe Street | September 04, 2001

SILVER SPRING, MD-This residential real estate specialist plans to invest as much as $20 million in revitalizing a 220-apartment community near Forest Glen Metro station.

Wertheim Discloses Stake in Equity One

remstaff &Globe Street | September 04, 2001

NORTH MIAMI BEACH, FL-The head of a prominent Israel-based equity-management group is one of five individuals now owning a 19.9% interest in the locally based real estate investment trust.

LAACO Buys Storage Facilities for $42 Mil

remstaff &Globe Street | September 04, 2001

LOS ANGELES-The locally based limited partnership has acquired the seven self-storage sites with proceeds from the sale of its Topanga Canyon parcel.

Software Developer Shifting Tempe Headquarters

remstaff &Globe Street | September 04, 2001

TEMPE, AZ-Infinite Visions Software is lining up a November move in a relocation of its Tempe headquarters. The firm has signed for 10,000 sf at One Agave Center, a project of Gerding/Edlen Development.

REIT Index Slows for Second Week

remstaff &Globe Street | September 04, 2001

NEW YORK CITY-After weeks of new highs, the Morgan Stanley REIT Index declined to 409.89 from its Aug. 23 high of 421.62. And, after four weeks of heavy net inflows, real estate mutual funds saw net outflows of more than $19 million and a dip in market values.

Big Dig Officials Unveil New Finance Plan

remstaff &Globe Street | September 04, 2001

BOSTON-Big Dig officials have revealed the new finance plans for the highway construction project here. Recent cost estimates put the cost of the project at $400 million above last year's estimates, some of which will be paid for by the sale of Massachusetts Turnpike Authority real estate.

Ivaco Extends Date on Atlantic Station Notes

remstaff &Globe Street | September 04, 2001

ATLANTA-Ivaco Inc. and Atlantic Station agreed to extend the maturity date of the secured notes received by Ivaco on the sale of its 136-acre property in Atlanta, again.

SOMA Attracting More Apartment Developments

remstaff &Globe Street | September 04, 2001

SAN FRANCISCO-AvalonBay Communities will spend an estimated $50 million to build a 360,000 sf apartment complex at 255 King Street. Mercy Housing is building a similar project nearby.

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ANFI Seeks Capital for New Venture

Beverly Hills Office Building Fetches $32.9 Mil

KSI Acquires Woodside Manor in Silver Spring

Wertheim Discloses Stake in Equity One

LAACO Buys Storage Facilities for $42 Mil

Software Developer Shifting Tempe Headquarters

REIT Index Slows for Second Week

Big Dig Officials Unveil New Finance Plan

Ivaco Extends Date on Atlantic Station Notes

SOMA Attracting More Apartment Developments

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