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NEW YORK CITY-The transaction is said to be the largest sale of US Government assets online. Hanover Capital's AssetOnsite allowed bidders to view details of three loans pools, including the results of due diligence.
FLAGSTAFF, AZ-Flagstaff Medical Center has added another phase to its ongoing campus expansion and renovation. The latest project to break ground is an $18-million Women and Infants Center and four-story, 400-vehicle parking garage.
MENLO PARK, CA-The property, known as San Gregorio Farms, was acquired from private owners and will connect three other protected properties to create 3.5 continuous miles of open space along Highway 1.
CENTERVILLE, OH-The upscale 108-unit Ashton Glen complex in this Dayton suburb is sold by a Columbus developer to a Phoenix-based property management company in a deal brokered by Birmingham, MI-based Dietz Organization.
AUBURN HILLS, MI-A former private 102-acre landfill here will be cleaned up through a $6.9-million tax-increment financing deal to make way for a 1.2-million-sf technology, research and light industrial park.
DALLAS-The Oakland, CA-based Kaiser Foundation Hospitals has sold about 13 acres in the Mid Cities area, abandoning all plans for a medical facility on the site. The buyer, Abres Ltd., is planning a multi-tenant retail development.
BEND, OR-The City Council is considering a better than 40% hike in the hotel room tax. The increase, from 7% to 10%, would go into effect Sept. 1. The city would use the extra money to help pay for police services, street maintenance and other city projects.
TAVARES, FL-In a belt-tightening move, Lake County officials reject a proposed smart-growth study from the Washington, D.C.-based think tank. Tavares, the county seat (Pop. 9,700), is 35 miles northwest of Downtown Orlando.
CLERMONT, FL-Despite a no-go from the city's planning and zoning board, Greater Construction Co. of Altamonte Springs, FL has won a green light from the city council to develop 96 townhomes on a 138-acre tract that already houses commercial and other shelter projects. Clermont (Pop. 9,333) is 25 miles west of Downtown Orlando.
ATLANTA-Imperial Parking Corp. of Vancouver, B.C. has signed long-term, multimillion-dollar contracts with individual off-street parking facility owners to lease and operate a total 2,000 spaces. Impark plans to open its first Atlanta office shortly to service the contracts.