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FT. WORTH-Crescent Operating is making progress on a restructuring that should be ready by the end of the first quarter. The plan is a result of the REIT Modernization Act, which took effect yesterday.
CHARLOTTE-Developer Charley Hodges' Ayrsley is a 129-acre mixed-use development with an estimated $1 billion build-out tag near the Interstate 485-South Tryon Street interchange. Noted town planner Andres Duany of Miami-based Arquitectonica created the Ayrsley concept.
BERKELEY, CA-The plaintiffs say most of the artifacts deposited at the site by American Indians - the reason for the landmark listing - have been stripped away in University of California excavations in the 1950's as well as in commercial endeavors.
PORTLAND-Confirming predictions from the fall, Grubb & Ellis' year-end review and 2001 forecast on the local apartment market reports that the oversupply is being sopped up and several years of growth is now expected.
AUSTIN-USOL Holdings' aggressive strategy to corner the multifamily market is paying off as the state capital-based corporation at times signs two pacts a week. At 2000's end, the company has sealed pacts with some of Texas' largest complex owners.
CONCORD, CA-John F. Kennedy University has to date raised a little more than 10% of the millions it needs to complete the project, which is tentatively slated to break ground early next year.
LOS ANGELES-Natural-gas suppliers are refusing to sell gas to utility giant Pacific Gas & Electric, putting California's energy crisis on the brink of disaster.