VERO BEACH, FL---When baseball's Dodgers left Brooklyn in the 1950s and moved to Los Angeles, they kept their spring training facility in South Florida. A newly-arranged deal is keeping Dem Bums there.<p>
SAN RAMON, CA-Sunnyvale Village Associates refinances the Sunnyvale Financial Center and Duane LLC completes a take-out of its construction loan for the Duane Telecommunications Building in Santa Clara.
DALLAS-Its expertise in agency financing is leading to a buyout of Dallas-based Newport Mortgage Co. , the second in eight months of a Southwestern lender by Cleveland's KeyCorp. The deals promise to be the first of several in KeyCorp's bid for Sunbelt lending dominance.
ORLANDO-Vacancies in a niche 5.5 million-sf industrial market category shrink to 10% from 11.6% as tenants average 13,000 sf in new leases, up from an average 5,000 sf per lease in past years
AUSTIN-The city's retail real estate sector continues its heady pace, with sales rising, consumers clamoring for more stores and tenants discovering rents in some areas have jumped by 10%. The force behind Austin's good fortune is its top ranking in job development.
AUSTIN-Now that the air has cleared for Henry Cisneros, former secretary of Housing and Urban Development in the Clinton administration, he is setting his sights on property development. Cisneros last year pleaded guilty to lying during an FBI background check, paying a $10,000 fine.