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SEATAC, WA-The construction work included a complete refurbishment of the guestrooms and expansion of the existing to 396 guestrooms and 40,000 sf of meeting space. The image work included a new name, a new restaurant and new employees.
MESA, AZ-A private investor from Chicago has the keys to the 28-unit Red Mountain Apartments in north Mesa. John Pietka has paid more than $1.1 million or about $40,892 per unit. The property abuts two popular golf courses.
DEERFIELD BEACH, FL-The commercial real estate company assumes the role of catalyst for local redevelopment as company officials transform a long-vacant retail center into prime office space at a major intersection in this city, 37 miles north of Miami.
LAGUNA HILLS, CA-A string of mergers has dotted the commercial real estate landscape in recent months as companies seek new marketing synergies while avoiding the need to start new offices from scratch.
SAN LEANDRO, CA-The private investment group is refinancing at a lower rate in order to pull cash from the apartments and pay off two office buildings, says Vincent Cardamon, the senior loan officer with Uniondale, NY-based Arbor Commercial that originated the loan.
LOS ANGELES-A new report predicts the five-county Southland will see a modest 2.8% gain in foreign trade in 2001, far below last year's nearly 17% increase. But impact of slowing growth won't hurt the property market, some experts say.
MINNEAPOLIS-Xcel Energy says it should not have to pay $18 in utility relocation costs. A delay in construction of the 11.6-mile Hiawatha project could prompt the federal government may stop funding, backers say.
ANAHEIM HILLS, CA-A Christian congregation known as Calvary Chapel buys 52,960-sf complex inside Canyon Corporate Center here and plans to convert the space into a church.