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MIAMI SHORES, FL-The locally based mortgage lender reaches an agreement with an offshore investor over a contested convertible debenture valued at about 1.14 million shares of America Senior's common stock. Miami Shores is seven miles north of Miami.
SECAUCUS, NJ-Developer is joint-venturing the 175,000-sf, two-phase property with an out-of-state partner. The first phase of 125,000 sf will be ready in September.
BOSTON-A local institute releases a study claiming that the market for meetings and conventions is not increasing as predicted in 1997, when the decision was made to develop the proposed convention center here in South Boston.
ST. PAUL, MN-The $10-million tunnel will connect a convention complex to the rest of Downtown. An agreement reached by the state and county this week clears up a title issue.
ORLANDO-It's almost a done deal, Orange County government staffers tell GlobeSt.com on condition of anonymity. The Newport Beach, CA-based turbine engine manufacturer is holding out for a $1.4 million tax concession over 10 years from the state and Orange County.
LA JOLLA, CA-One of the nation's leading economists says that financial analysts predicting a nationwide recession have got it wrong when it comes to the financial health of San Diego County and the rest of
CORAL GABLES, FL-Forrest W. Robinson, a prominent commercial real estate professional for 25 years, joins one of Florida's largest high-profile developers in a surprise career move. Robinson resigned three weeks ago as Duke-Weeks' regional executive vice president of Florida operations. Coral Gables is part of metro Miami.
HILTON HEAD, SC-National Golf Properties Inc. of Santa Monica, CA has purchased Oyster Reef Golf Club on Hilton Head Island, SC and Canoa Hills Golf Course near Tucson, AZ for a total $11 million. The company didn't disclose the sellers' names or the size and income of the properties, according to a published report.
SAN ANTONIO-Kinetic Concepts is beefing up its warehouse space, adding 34,000 sf in the city's northeast corridor. The high-tech, specialty hospital bed manufacturer now leases upward of 100,000 in the region.
SPARTANBURG, SC-The locally based engineering and construction firm has a contract to build a power plant in Brevard County, FL for Constellation Power Source at an undisclosed cost, according to a published report. Commercial operation of the plant is expected to begin in June 2002.