Posts Tagged ‘Madison’

Industrial condos offer alternative to leasing for small businesses

Tuesday, September 11th, 2007

It’s a commercial building, but it looks like a condominium.
Actually, the two units under construction on Janesville’s north side are industrial condos, and they’re ideal for the small business owner or hobbyists who want to own a building, one of the developers said.
Bill Mears of Coldwell Banker Commercial McGuire Mears & Associates in Janesville [...]

Real estate expert to run college

Sunday, June 10th, 2007

UNC Charlotte announced Friday that Steven Ott, director of UNC Charlotte’s Center for Real Estate, will be the interim dean of the Belk College of Business Administration.
Ott, who was named an Academic Fellow of the Urban Land Institute last month, will start July 1. Ott joined the UNCC faculty in 1999.
Ott temporarily replaces Claude Lilly, [...]

BRA approves 505-room hotel in Seaport

Friday, March 9th, 2007

The Boston Redevelopment Authority approved a 505-room hotel in the South Boston Seaport District on Thursday.
The project will likely break ground in the next 12 months, said Denis Dowdle, president of Madison Properties, which is developing the hotel. Dowdle bought the sliver of land on Congress Street known as the “sausage parcel” last April [...]

Apartments, stores planned in $3.5 million development

Saturday, February 24th, 2007

Style & Grace barbershop, a South Side neighborhood landmark for nearly 50 years at 1600 Gilson St., will be torn down next month to make way for a $3.5 million apartment and retail building.
The project is more than just another redevelopment effort. It will preserve a neighborhood institution and might spark more development in [...]

Real estate market still hot

Thursday, February 15th, 2007

The desperation buying after Hurricane Katrina in 2005 is over, but the real estate market in Tangipahoa Parish still sizzles.
More than $500 million in real estate transactions were recorded in 2006 for the parish and a small part of eastern Livingston Parish.
A total of 1,296 building permits for single-family homes for the rural areas were [...]

W. R. Berkley Corporation Announces $250 Million Senior Notes Offering

Saturday, February 10th, 2007

W. R. Berkley Corporation announced that it intends to issue $250 million of senior notes due 2037. The net proceeds of the offering will be used for general corporate purposes, including the repayment of indebtedness.
Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. are joint book runners and joint lead managers of the offering. [...]

Alliant to sell albatross resort

Friday, February 9th, 2007

Alliant Energy Corp. has found a buyer for Laguna del Mar, the ill-fated golf resort in northern Mexico that the Madison utility company owns.
Alliant officials won’t say yet who is buying the land or at what price. But Bill Harvey, Alliant’s chief executive, president and chairman, told a conference call Thursday that the Madison [...]

Liberty Announces Plans to Open an Arizona Office and Taps Senior Executive John DiVall to Run New Operation

Thursday, February 8th, 2007

Liberty Property Trust, which owns and manages more than 65 million square feet of office and industrial space in the U.S. and U.K. today announced it will open an office in the Phoenix, Arizona area during the second quarter of 2007. The operation will be managed by John DiVall, who currently serves as vice president [...]

RAIT Financial Trust Announces Over-Allotment Exercise of 1.5 Million Shares

Wednesday, January 24th, 2007

RAIT Financial Trust announced today that, on January 19, 2007, the underwriters of its public offering of 10.0 million common shares of beneficial interest, which priced on January 18, 2007, exercised in full the over-allotment option for an additional 1.5 million common shares that RAIT granted to them in connection with the offering. After giving [...]

Secrets to simultaneous real estate closings

Sunday, January 21st, 2007

Selling one house and buying another is like putting yourself between a rock and a hard place.
If you set both closings within the same basic time frame you run the risk of ending up with two mortgages or much worse.
If you schedule them with sufficient time between to solve any closing problems you face the [...]

Condo sales going to the dogs in Palm Harbor

Saturday, January 20th, 2007

Tonya Rainbolt says it wasn’t easy finding a condo complex where she and her dog Sasha could live, “Yes tons of places would not even accept my dog, so it was nice to find a group of people, lot of dog owners are here.” Tonya decided to buy a place at Madison Oaks because it’s [...]

Hersha Hospitality Trust to Purchase Interests in Three Hotels

Wednesday, January 17th, 2007

Hersha Hospitality Trust , a real estate investment trust (REIT), which owns interests in 68 high quality, mostly upscale hotels in high barrier to entry markets, today announced that the Company has entered into separate agreements to purchase interests in two hotels in New York City. Additionally, the Company has completed the acquisition of a [...]


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