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RED BANK, NJ-Two homebuilders will combine to form the country's eighth largest residential developer. The company will be king in New Jersey, Washington, DC and North Carolina markets.
WASHINGTON, DC-National Multi-Housing Council survey results indicate that the economic slowdown will have a moderate impact on the industry. The debt financing index is the highest since the first survey in July 1999.
ROUND ROCK, TX-La Frontera's latest project is pushing the development schedule as plans unfold to build out the full retail component. Preliminary plans, now in the 17th version, call for up to 350,000 sf of high-end retail space.
BOSTON-Mayor Thomas M. Menino's administration is prepared to help the business community here fight to establish a Business Improvement District in Downtown Crossing. But it is unclear whether businesses here are willing to push for a BID project again.
HOUSTON-Hanover Co. is making sure it has its fair share of the Downtown revitalization. Its back-to-back loft projects, totaling 573 units, will deliver in spring and summer.
NEWPORT BEACH, CA-Health Care Property Investors Inc.'s revenues grew for the 15th consecutive year, and the board of directors raised cash dividends for the 61st consecutive quarter.
NEW YORK CITY-The lawyer for Garrick-Aug in the Toys "R" Us Times Square lease litigation tells GlobeSt.com they're seeking an estimated $3 million in commissions. There is evidence of the critical 90 days to support the plaintiff's claim of exclusivity.
GOLDEN, CO-The city's West Side is bustling, with 1.4 million sf under construction. Another 100,000 sf get under way in the spring when Opus Northwest breaks ground on a spec project.
FT. WORTH-A prime piece of real estate in a bustling Ft. Worth retail corridor has a new owner. Tri-State Commercial has paid a tad more than $16 million for the Hulen Bend Village Center, which had boasted a 94% occupancy at sale time.