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MINNEAPOLIS-The city will spend about $62 million in public subsidies to build a 185,000-sf discount store Downtown, which reportedly has cost Minneapolis Mayor Sharon Sayles-Belton her party's endorsement.
STAMFORD, CT-With a sigh and a "that's that," locally based GE Capital walks away from the negotiation table. Berkadia's winning bid reportedly tops $8 billion in bailout funds for the fiscally beleaguered Finova.
ORLANDO-The Florida general partnership, which acquired Drum Service Co. of Florida, has signed a consent decree and agreed to pay $502,813 plus a portion of the sale proceeds from unspecified real estate to the federal Hazardous Substances Superfund. The Superfund groundwater cleanup site is in Zellwood, FL, 15 miles northwest of Downtown Orlando.
MINNEAPOLIS- Mayor Sharon Sayles-Belton blames the city's $62 million in public subsidies to build a 185,000-sf discount store Downtown for killing her plans to seek re-election. She fails to capture the Democractic endorsement.
SAN FRANCISCO-The Federal Home Loan Bank of San Francisco announced Affordable Housing Program awards that will amount to a total $18.5 million or better in California and other states.
LONDON-The headquarters of the beleaguered Conservative Party in Smith Square, Westminster, has changed hands as part of a wider investment deal.
ATLANTA-Hogan Group of Tampa, FL is selling the 19-story, 98% leased, 436,200-sf Glenridge Highlands Two office building in suburban Dunwoody, FL. The asking price is said to be at least $84 million.
RENTON, WA-Prudential Mortgage Capital Company says it originated a $3.1 million refinancing for the 650-unit Springfield Apartments. The 10-year Fannie Mae loan carries an interest rate of 7.055%.
LIVONIA, MI-Schoolcraft College has selected the Southfield company as construction manager for a $27-million renovation project that will transform the Waterman Campus of the college. Completion is expected by fall of 2003.
LONDON-Hammerson has formed a joint venture with the Duke of Westminster's Grosvenor to redevelop 9/13 Grosvenor Street, London W1.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource