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HOUSTON-Without a doubt, Houston's retail market has recovered from the residual effects of a space glut that began in the 1980s. This year, new sf may hit as high as three million in all city submarkets.
ORLANDO-A U.S. Bankruptcy Court judge orders the five-year-old luxury shelter developer to sell four assets valued at about $11 million to pay off unsecured creditors. The developer has a debt load of $160 million with $130 million owed to Credit Suisse First Boston Mortgage Capital.
ORANGE COUNTY, CA-The Central County city apparently can now sell 100 acres of closed Marine Corps base to developers after bill that would earmark the land for schools fails in state Assembly.