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DENVER-CWS Apartment Homes of Austin has been OK'd for a $22.5-million loan in its plan to buy the Jefferson at TownCentre in Broomfield, CO. The new owner is paying slightly more than $33.1 million for the complex.
CHARLOTTE-Encore Products of Chandler, AZ and locally-based MetroTech Chemicals Inc. are expanding their businesses and staffs. Encore is moving into a renovated 80,000-sf warehouse on Sugar Creek Road where the work force is expected to grow to 300.
PACIFICA, CA-The Trust for Public Land obtains the 105-acre tract at Mori Point with a $3.3 million bid at an auction held at the Marriott Hotel in Burlingame.
POMPANO BEACH, FL-A 248,336-sf structure, the largest planned so far in South Florida, is slated for Atlantic Boulevard and Powerline Road in this Broward County community.
RENTON, WA-The multifamily developer is aiming high with a new project here that will feature upscale townhome-style apartments and "European flats" with rents ranging from $1,300 to $2,080 a month.
VANCOUVER, WA-City code, however, appears squarely on the side of developer C.E. John Co., which is winning key approvals toward construction on a sand-filled lot that Beaches restaurant uses for volleyball and barbecues.
NEW YORK CITY-Madison Avenue-based NorthStar Capital Investment Corp. has filed a lawsuit against Vornado Realty Trust in New York State Supreme Court.
LOS GATOS, CA-The city council here rescinded recently a city auditor's decision to extend the city's business license requirement to commercial property owners who lease space.