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DENVER-HUD predicts Denver will rank fourth nationwide in FHA loan volume and seventh for completed transactions in the coming years. The ambitious goal and changes will make HUD more competitive with conventional lenders.
ASPEN, CO-Hard Rock Cafe locks the key on its decade-old eatery in Aspen's historic Elks Lodge. The chain says it's looking for more space in the ritzy ski town that boasts rental rates of up to $125 per sf.
CHARLOTTE-Although industry experts say most areas can't cope with more product, the silver screens continue to proliferate throughout the Charlotte region. North Mecklenburg County alone will have 40 screens by next spring.
HOUSTON-Area churches have resorted to public auctions to unload 34.5 acres. Cantu Investments snags 11.5 acres in northeast Houston, with a top bid of $168,000 for the commercially zoned property.
SCOTTSDALE-A developer has received approval from the city to turn a failed 600,000-sf mall into a office and telecom hotel in the heart of downtown Scottsdale. The renovation will cost $41 million.
ATLANTA-The Clinton, MS-based telecommunications company pays $6.08 per sf for 37 acres in the commercially-active north Fulton County market, about 25 miles north of Downtown. WorldCom previously announced plans to build two 500,000-sf buildings.
EVERETT, WA-The 11th largest shopping center in Puget Sound has been gaining new permanent tenants. The 722,000-sf retail property also added nearly 50 temporary tenants for the Christmas season.
BOCA RATON, FL-Five-year-old WinVista Corp.'s Protection Interface program allows recipients to respond to messages but blocks them from printing, cutting and pasting the transmission.