PORTLAND, OR-Russell Development Co. and Regence BlueCross and BlueShield of Oregon pay off the remainder of a $50.25-million securitized loan from 1998 with a new $61-million loan from AIG Global Investment Corp. that was arranged by CBRE/Melody.
PORTO ALEGRE, BRAZIL-The $757-million deal (euro 635 million) includes 140 hypermarkets, supermarkets and wholesale stores in the country. In 2004, Wal-Mart acquired the 118-store Bompreco chain in northeastern Brazil from Dutch retailer Ahold. B
SEATTLE-The state's robust economic expansion, which has led to job growth in each of the past 15 quarters, continues to lure people back into the job search market, keeping unemployment stagnant at 5.6% for the state and 4.9% for the Greater Seattle area.
WALNUT CREEK, CA-GMAC Commercial Mortgage Corp. is providing $65 million in financing for the conversion of a 340-unit apartment property here to condominiums. Sares-Regis owns the property in a joint venture with GMAC Institutional Advisors.
WALNUT CREEK, CA-GMAC Commercial Mortgage Corp. is providing $65 million in financing for the conversion of a 340-unit apartment property here to condominiums. Sares-Regis owns the property in a joint venture with GMAC Institutional Advisors.
CABO SAN LUCAS, MEXICO-Over the past few weeks, two joint ventures and a public company have acquired properties on the southern half of the peninsula and begun planning major redevelopments.