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DALLAS-Meditrust is forging ahead on its retreat from the health-care industry, selling 78 more long-term facilities and an office building in a $441-million deal. The REIT's now poised for a debt refinancing by July.
SEATTLE-Washington Mutual, now the second largest loan services company in the country, took over the 17th floor of the Wells Fargo Center on April 1, 2001. The Seattle-based thrift leased the space from Equity Office Properties.
SAN ANTONIO-A Dallas owner has refinanced a $3.8-million loan for the 210-unit Park at Presa in San Antonio. The financing is being used to upgrade the 15-year-old complex and retire existing debt. Metropolitan Financing Corp. has handled the transaction.
OVERLAND PARK, KS-The support center at Antioch Road and 137th Street here will more than double Southfield, MI-based company's local workforce in the automotive loan servicing group to 450.
CHICAGO-Warnings to tenants and back-up service plans are the key to making up for the service shortfall. Stick to the name carriers, is the advice building owners offer.
HOUSTON-Land is a hot ticket in the northwest corridor these days, with three sales coming down the pike. The largest tract, 13.1 acres, is destined for a townhome development. Another parcel is for a private school and the other, industrial use.
TUCSON-While sales of new and existing homes were down during February, the value of the average home here rose more than $10,000 in the past year, and building permit numbers are on the rise too.
DENVER-Wellbridge, owners of Colorado Athletic Club, will make way for an Interstate 25 expansion project. The club will build a new facility three blocks away. Plans call for a $7-million, 40,000-sf development.
BARTOW, FL-One of Florida's wealthiest property-owning families is ending its second publicly disclosed fight over money in the last three years after three days of trial testimony. Bartow is 60 miles south of Downtown Orlando.
PHOENIX-A 52-unit, garden-style apartment complex has been purchased for more than $23,000 per unit by a local investor. The east Phoenix submarket is currently one of the healthiest in the region.
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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 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!
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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 Resource