CHATTANOOGA, TN-Secured by Mall Del Norte in Laredo, TX and Eastgate Mall in Cincinnati, the transactions replace short-term, variable-rate debt with long-term, fixed-rate financing.
BELLINGHAM, WA-Currently traded on Pink Sheets, the locally based developer of resorts in Thailand has filed with the Securities Exchange Commission to be a fully reporting public company, the first stop on the road to being listed on the NASD Over the Counter Bulletin Board.
SPOKANE, WA-The locally based company says the sale will offset a $40-million facility improvement initiative to enhance 31 of its Red Lion hotels. The hotels for sale include four in Washington, three in Oregon, two in Montana and two in Idaho.
REDWOOD CITY, CA-A partnership of Blake Hunt Ventures, the Innisfree Cos. and Buchanan Urban Investors is developing a two-story retail and entertainment complex here to be known as On Broadway.
PORTLAND-As managing member of an LLC with the Washington State Investment Board, the locally based development company buys 100 acres in the El Dorado Hills Business Park in El Dorado Hills, CA.
JOHANNESBURG-Broll, a locally based 650-person property services firm, affiliates with CB Richard Ellis and acquires the existing CBRE affiliate in South Africa.
COLUMBUS, OH-The president of the locally based real estate company announces the placement of six newer retail developments valued at $250 million into a new partnership with Rreef, saying in a vague statement that the move will allow it to focus on "what we do best" -- developing and managing retail properties.
SEATTLE-The approximately three acres of commercial property on the east side of Greenlake is envisioned as a residential-over-retail development with underground parking.
YUBA CITY, CA-An 18-month-old Home Depot here will be surrounded by another 350,000 sf of retail development now that two Phoenix developers have accumulated all the necessary entitlements and permits.