December 13, 2000 Commercial Real Estate Direct Staff ReportNEW HAVEN, Conn. – Westfield America Inc. (NYSE:WEA) has agreed to buy a 19.5-acre parcel in New Haven, Conn., that was to be the home of a shopping mall that the REIT ...
December 7, 2000 NEW YORK – Fitch has upgraded two classes in the Danbury Fair Mall's 1994 $52.5 million commercial mortgage and affirmed three other classes.The rating agency has upgraded class A-1 and class A-2 to double-A-plus from double-A.The transaction ...
The 2-bldg complex is 92% occupied, with 50% leased through 10/07; New Boston Investment Fund V bought
August 3, 2000 NEW HAVEN – Long Wharf Galleria LLC and the City of New Haven today filed an antitrust suit against Westfield America Inc. (NYSE:WEA) and its affiliates, as well as the city of Milford, Conn., charging them with ...
March 17, 2000 Associated PressHARTFORD – The future of the former Norwich Hospital site remains uncertain after the Mohegan Indians and a Boston real estate firm withdraw their offers to develop the property. Leaders of the American Indian tribe made ...
January 11, 2000 Associated PressMILFORD, Conn. – Westfield America (NYSE:WEA) and the city of Milford, Conn., are suing New Haven to stop the construction of a new mall on New Haven's Long Wharf.Their lawsuit alleges that the groups ignored environmental ...
December 20, 1999 NORTH STONINGTON, Conn. – The Mashantucket Pequots are asking real estate and marketing firms for advice on the best use of property once considered for a Six Flags theme park. A Mashantucket spokesman says the tribe recently ...
November 12, 1999 HARTFORD, Conn. – Northland Investment Corp. paid about $33 million, or $113/sf, for CityPlace II, an 18-story office building in Hartford, Conn.The 292,000-square-foot building, at 185 Asylum Street, is 90 percent leased. It was sold by SC ...
October 18, 1999NORWALK, Conn. – Lend Lease Real Estate Investments Inc. has formed a joint venture with Mountain Development Corp. to buy 535 Connecticut Avenue in Norwalk, Conn., for $20.2 million, or $121/sf.The 166,600-square-foot building was purchased from BBS Norwalk ...
Capital Properties of New York plans to redevelop a 640,000 sf office complex in Hartford and state officials have OK'd a plan to set up a college campus in another downtown building.
August 5, 1999 HARTFORD (AP) – A Manchester lawyer has admitted that he didn't tell authorities about bankruptcy fraud committed by two figures in the Colonial Realty scandal. Mark Pagani's plea came yesterday in Hartford federal court. The plea involved ...
VertiNews.com Special ReportSpaulding & Slye will meet with Connecticut officials to assure them that they will find another client to redevelop a former state hospital in Norwich, Conn.
July 20, 1999 HARTFORD – David J. Ingram, a former vice president in the real estate investment group of Aetna Inc., has joined Allegis Realty Investors LLC as senior vice president in its acquisition unit. Ingram reports to William R. ...
An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn.Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along with a ...
An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn.Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along with a ...
A venture between Hersha Hospitality Trust and Waterford Hospitality Group has lined up $43 million of financing for the 285-room Mystic Marriott Hotel & Spa in Groton, Conn.The venture received the financing from Capmark Finance Inc. of Horsham, Pa. Terms ...
A venture between Hersha Hospitality Trust and Waterford Hospitality Group has lined up $43 million of financing for the 285-room Mystic Marriott Hotel & Spa in Groton, Conn.The venture received the financing from Capmark Finance Inc. of Horsham, Pa. Terms ...
Corus Bank is providing a $108.9 million construction loan for the Highgrove Condominium, a proposed 92-unit residential condo building in Stamford, Conn. The property is being developed by an affiliate of Ceebraid-Signal Corp., which provided a letter-of-credit as partial collateral ...
JPMorgan Chase Bank has extended the term of a $53 million mortgage on the Ridgeway shopping center, one of the largest open-air retail centers in Fairfield County, Conn.The loan, which was slated to mature this coming December, has been extended ...
Corus Bank is providing a $108.9 million construction loan for the Highgrove Condominium, a proposed 92-unit residential condo building in Stamford, Conn. The property is being developed by an affiliate of Ceebraid-Signal Corp., which provided a letter-of-credit as partial collateral ...
JPMorgan Chase Bank has extended the term of a $53 million mortgage on the Ridgeway shopping center, one of the largest open-air retail centers in Fairfield County, Conn.The loan, which was slated to mature this coming December, has been extended ...
Antares Investment Partners has paid $87 million for two office properties totaling 305,000 square feet, along with a 70-slip marina, in Stamford, Conn. The Greenwich, Conn., investment firm purchased the properties from Seaboard Partners Inc. of Stamford, which marketed them ...
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