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Commercial Loan
The majority of a Victory Park condo project was sold back to its lender for $32 million on Tuesday, along with a nearby retail site for $3.5 million at Tuesday’s foreclosure auction in Dallas County. German-based lender HSH Nordbank AG purchased the project’s 112 remaining condos at Continental Avenue and Houston Street and a 24,000-square-foot [...]
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Commercial Loan
Robertson Properties Group said Tuesday that it has submitted a draft environmental impact statement for its $767 million mixed-use development on the site of the former Kamehameha Drive-in property in Aiea. Roberston Properties proposes to rezone the 14-acre property across from Pearlridge Center for a complex that will include as many as 1,500 multifamily homes, [...]
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Commercial Loan
Dallas’ Valley View Center wasn’t sold at Tuesday’s Dallas County foreclosure auction and will likely be reposted at the March 6 auction. The 1.1-million-square-foot property could be reposted for foreclosure several times, which is not unusual for larger properties, said George Roddy Sr., president of Addison-based Foreclosure Listing Service Inc. “The lender makes the decision, [...]
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Commercial Loan
Osceola Regional Medical Center will break ground Feb. 7 on a $65 million hospital project in Poinciana. The project will start with a 12-bed, one-story, 11,000-square-foot freestanding emergency department with a helicopter pad, laboratory, pharmacy and imaging. The second phase includes a $33.7 million, 30-bed, two-story, 94,000-square-foot hospital. Phase 3 is a medical office building. [...]
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Commercial Loan
An online auction for the U.S. Custom House is extended to Wednesday after bidding for the historic Portland office building hit $2 million Tuesday. The U.S. General Services Administration set a deadline of shortly after midnight Wednesday after receiving two bids for the property shortly before its original deadline of 9 a.m. Tuesday. “Bidder#2” is [...]