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CB Richard Ellis Buyers Revamp Financing

remstaff &Globe Street | February 27, 2001

LOS ANGELES-Blum Capital Partners LP has scrapped plans to finance part of the acquisition with junk bonds and instead will use more floating rate debt. The move should provide big interest savings.

Matteson Cos. Affiliate Obtains $20-Mil Mortgage Loan

remstaff &Globe Street | February 27, 2001

REDWOOD CITY, CA-The loan comes from Prudential Mortgage Capital Company of San Francisco and is secured by a five-story office building at 305 Walnut Street that is 100% leased and occupied.

Group Pays $9.6 Mil for South County Office Complex

remstaff &Globe Street | February 27, 2001

ORANGE COUNTY, CA-Private partnership acquires three-story, 55,282-sf office complex in Laguna Hills. The complex is 90% occupied.

Prodigy's Exit Scheduled for May 1

remstaff &Globe Street | February 27, 2001

WHITE PLAINS-Prodigy Communications LP, which at one time had occupied in excess of 400,000 sf of space Downtown, will be leaving its remaining space here come May 1. They will maintain space in Yorktown Heights, NY.

Citadel Investments Stakes Out Top Space at Dearborn Center

remstaff &Globe Street | February 27, 2001

CHICAGO-Prime Group Realty Trust leases 210,000 sf at $32 psf net with 3% annual increases over a 10-year term to the financial services company in a deal that establishes "a new high-water mark" for Loop rents.

Arden Hotels Buys 68-Room Savoy Hotel for $264,705 per Room from Orlando's Sunterra Corp.

remstaff &Globe Street | February 27, 2001

MIAMI BEACH, FL-An affiliate of Arden Group, owner of the Ritz Carlton Philadelphia, acquires the oceanfront Art Deco-style hotel for $18 million through bankruptcy proceedings in a thriving sellers' market.

HQ Says Departure at C&W of Texas Opens Door to Visionary New 'Regime'

remstaff &Globe Street | February 27, 2001

DALLAS-Word broke Thursday, Feb 22, as reported by GlobeSt.com, that J. Reagan Dixon was leaving after 12 years at the helm of the regional office. Now president of US operations Bruce Mosler says the local office is "excited" about the possibilities, rather than recovering from shock.

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CB Richard Ellis Buyers Revamp Financing

Matteson Cos. Affiliate Obtains $20-Mil Mortgage Loan

Group Pays $9.6 Mil for South County Office Complex

Prodigy's Exit Scheduled for May 1

Citadel Investments Stakes Out Top Space at Dearborn Center

Arden Hotels Buys 68-Room Savoy Hotel for $264,705 per Room from Orlando's Sunterra Corp.

HQ Says Departure at C&W of Texas Opens Door to Visionary New 'Regime'

AV Labs, US Global Investors Hire Management Leaders

Illinois Developer Plans $45-Mil Office Project Near Airport

Office Project by Monahan Pacific Gets Go-Ahead

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