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MIAMI-The as-yet-unnamed project will consist of 81 condominium units in five currently vacant buildings. The project, which is the third for Prodigy International Development Sales, has a sellout value of about $40 million.
DALLAS-Provident Realty Advisors and Sphinx Development will bring out 280 units on 21 of 52.6 acres bought in early November. Rose Court at Thorntree gets its go-ahead after 264 nearby acres grab headlines as the next campus for the University of North Texas.
MANALAPAN, FL-Crescent Real Estate Equities Co. and Westbrook Real Estate Fund IV LP, which each owned 50% of the luxury, 270-key resort here, sold it to an undisclosed private investor.
LONDON-The Scottish Executive has cleared the way for Wilson Bowden's plans to create a new town at Revenscraig, south of Glasgow with 3,500 new homes and 3 million sf of commercial space.
LONDON-Quintain Estates & Development has added to its strategic land bank in London, with two more purchases to add to its massive development sites on the Greenwich Peninsula and at Wembley.
DALLAS-Lone Star's owner, Scott Walton, becomes a senior loan officer with yesterday's closing. BMC's two-year plan is to buy 25 small shops in the US to become the first branded arranger of commercial loans in the $500,000 to $5 million sector.
MAMMOTH LAKES, CA-Fifty-two one-, two-, and three-bedroom resort condominiums here--the final release of homes in Grand Sierra Lodge, the third phase of The Village at Mammoth--are sold this week at prices ranging from $380,000 to more than $1.3 million.
DEERFIELD BEACH, FL-The general contractor, which currently is leasing space in Boca Raton, plans to relocate to the 10,000-sf building here, where the company purchased 1.4 acres for about $256,132.
WOODRIDGE, IL-The insurance company leases the entire 97,000-sf office building at 9022 Heritage Pkwy., developed by Schaumburg-based REM Builders as a build-to-suit. It was put on the market at $17.1 million.
CAMP HILL, PA-As part of the redevelopment of the 525,000-sf mall here that has been under way since Cedar acquired the property a year ago, the 14-auditorium movie complex will rise where the Giant Food Store now stands.