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  • Experts: Recent Deals Reflect Coming Slowdown

    NEW YORK CITY-Vornado, in the final days of WTC negotiations, lands on S&P's negative CreditWatch while a development is abandoned and the Nasdaq plunges below 2,000. Industry veterans try to make sense of it all.

  • $750-Mil Downtown Redevelopment Won't Cost Taxpayers More

    TUCSON-Although the estimated cost of the sprawling Rio Nuevo project has doubled to more than $750 million, it won't cost taxpayers much more than the original cost, says a city official.

  • City Pays $2.4 Mil to Settle Warehouse Dispute

    MINNEAPOLIS-Nearby Allina Health Systems has expressed interest in expanding its campus. A tenant in the project, Minnesota Diversified Industries, would have to approve the land sale to Allina.

  • Two Michigan Golf Centers Auctioned Off

    DETROIT-Keen Realty Consultants Inc. of Great Neck, NY says it generated more than $100 million as a result of its Family Golf Centers Inc. bankruptcy auction, including two entertainment centers in Michigan.

  • Lending Pipeline Opening as Long-Term Interest Rates Dip to Low 7% Range

    ORLANDO-Broker David J. Patten of Winter Park, FL-based Interlachen Financial Group tells GlobeSt.com qualified investors can now lock in fixed-rate debt for up to 15 or 20 years at an average 7.5% rate.

  • Henry S. Miller Cos. Beefs Up Commercial Strategy with Residential Division Sale

    DALLAS-The right suitor has finally come along for the Henry S. Miller Cos., which has closed on the sale of a two-state residential sales business and mortgage company. Now, Miller is honing in on commercial development in Texas and surrounding states.

  • Airport Retailer Wins National Award

    BELLEVUE, WA-Locally based Laptop Lane Limited, which provides travelers a private office at various airports around the country, was named Best Specialty Retail Brand Operator in the Small Retailer category in Airport Retail News' annual poll of airport concessions.

  • Two New Tenants Sign Deals at Playtogs

    MIDDLETOWN, NY-Two new tenants have recently signed lease deals totaling more than 11,000 sf at the Playtogs Plaza complex here. Levin Management Corp. brokered both transactions on behalf of Playtogs.

  • Raleigh's Downtown Office Market Tightens Up

    RALEIGH, NC-Vacancy rates in Downtown Raleigh have been dropping for several years from 13% in 1998 to the current level of 3% to 5%. Most demand is for class A space.

  • AMI Capital Closes Loans on 64 Multifamily Units

    CEDAR FALLS, IA-Bethesda, MD-based AMI Capital, Inc. closes loans on two apartment complexes here for $2.925 million. The projects refinanced by low-income housing tax credits at 7.7% over an 18-year term.