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DALLAS-The state's health-care industry is prime picking grounds for a Minneapolis nonprofit that has bought five and is negotiating for possibly another six nursing centers. Dallas-based Malone Mortgage has arranged a first-round buy of slightly more than $28 million.
DETROIT-Commissioners want the new board to focus on expansion, contracts, including the $1.2-billion Northwest Midfield Terminal project. The job had been the committee on public services' jurisdiction.
SAN JOSE, CA-As part of the continuing revitalization of this city's downtown here, redevelopment agency officials are set to review a plan that would enhance pubic transportation and pedestrian access.
COLLINGSWOOD, NJ-This South Jersey community is actively looking for new growth and new ratables, so it has begun actively courting Regional real estate developers and builders. This community's issues are not uncommon in South Jersey.
WASHINGTON, DC-Tompkins Builders, a local construction firm, is tasked with construction and demolition of the stands and appurtenances for the 2001 Presidential Inauguration on Jan. 20. This is the firm's third consecutive inauguration project.
PHOENIX-A shopping center in fast-growing Chandler that was built last year for $20 million has been purchased by a San Diego investor for $32.5 million.
NEWPORT BEACH, CA-Lower interest rates, softening demand for commercial and multifamily space will not affect the values of real estate much in Orange County this year, according to a local banker.
RALEIGH, NC-Modern Continental Enterprises Inc. of Cambridge, MA paid the city the Downtown property's appraised value. The buyer plans to develop three stories of offices, shops, a restaurant and possibly some residential.