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EMEA markets shrug off US slowdown

remstaff &Globe Street | April 24, 2001

The property markets in Europe, the Middle East and Africa are shrugging off the slowdown in the USA and uncertainty in world capital markets, according to new research from CB Hillier Parker.<p>

MuniMae Changing Its Name

remstaff &Globe Street | April 24, 2001

BALTIMORE, MD-Following the merger of Municipal Mortgage & Equity and the Midland Cos., the firm will be known as MuniMae Midland with Michael Falcone as president and CEO.

Arcadia Apartment Complex Fetches $7.4 Mil

remstaff &Globe Street | April 24, 2001

LOS ANGELES-Nevins Construction acquires 66-unit apartment complex from private investors. Transaction comes in wake of Beitler Commercial report that says sales across the county are down sharply from a year ago.

Midtown South Office Market Hit Hardest

remstaff &Globe Street | April 24, 2001

NEW YORK CITY-Manhattan's Midtown South commercial office market has taken the brunt of the "dot-bomb" fallout, according to GVA Williams First Quarter Report. Others say NYC is insulated from a recession.

Integra Says Seniors Housing Shake-Out Healthy

remstaff &Globe Street | April 24, 2001

DALLAS-In a first time report, Integra Realty Resources has found that the shake-out of Texas nursing facilities' operators will lead to a healthier market. The study encompasses Dallas, Tarrant, Collin and Denton counties.

Retail REIT to Announce First Quarter Results

remstaff &Globe Street | April 24, 2001

SAN DIEGO-On the heels of a major acquisition, the largest West Coast shopping center REIT has announced it will release its first-quarter results on May 10.

AvalonBay Communities' FFO Up 12.6% per Share

remstaff &Globe Street | April 24, 2001

ALEXANDRIA, VA-Total revenue increased by $20.67 million, or 15.3%. Rental revenue at AvalonBay's established communities jumped 11.8%, while operating expenses increased 6.4%.

Shipyard Renovation Moving Slowly

remstaff &Globe Street | April 24, 2001

HINGHAM, MA-The renovation of a shipyard here is complicated by a land swap deal that requires legislative approval and growing local opposition. Developer's plans for the 130-acre parcel include commercial, retail and office space as well as residential housing.

Fairfield Office Availability Rate Up in First Quarter

remstaff &Globe Street | April 24, 2001

STAMFORD-Despite leasing activity that is still robust in historical terms, the office availability rates in Fairfield County and Downtown Stamford edged up in the first quarter of this year, according to Insignia/ESG.

Regis Expansion Still Netting 925 Stores

remstaff &Globe Street | April 24, 2001

EDINA, MN-The world's largest hair care salon says it hopes to reduce debt by slowing down its growth of new stores. The company has 6,604 salons in six divisions.

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