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AUSTIN-An ongoing relationship has snagged another multifamily complex for the US OnLine portfolio. USOL Holdings has signed a 15-year contract for Wimberly Park in Duncanville, TX, from Anaheim, CA-based Frankel Family Trust.
MIAMI-The South Florida developer of townhomes and single-family product has a nine-month profit of $1.26 million or three cents per share on revenue of $50.5 million. That's up from a loss of $2.42 million or a loss of six cents a share on sales of $39.54 million in the same 1999 period.
AUSTIN-Tensleep's expansion plans take it overseas, acquiring a majority interest in an England-based IT company. The pact is just the first of European deals planned by the Austin-based business accelerator.
HOUSTON-Interealty.com may have jumped the gun by claiming the Houston Association of Realtors has selected its MLXchange for a pilot program. A HAR executive says the nation's largest MLS has yet to receive a proposal.
PARKER, CO-A Douglas County retail and office project gets a green light from nearly $5.4 million in loans that have been secured for developer Cimarron Investment Properties. L.J. Melody has arranged the financing package for Twenty-Mile Station.
NEW YORK CITY-The 18-year sublease for office space in the Buchmann Tower keeps the company near its flagship Fifth Avenue retail outlet. Tiffany & Co. is a neighboring tenant.
BOISE, ID-The 89,903-sf mid-rise across from the State Capital is being purchased for $13.975 million by Capitol View LLC, a joint venture between Base Capital LLC of Bellevue, WA and Western Realty Advisors Inc. of Boise.