Yahoo! Canada Finance: Real Estate Development Industry News

Innovative Properties Inc announces sale of Dartmouth Ocean Industrial Park and phase 3 of its Portland assembly development

Thu, 01 Mar 2007 23:07:18 GMT

CNW Group - Innovative Properties Inc. (TSX-V: INR) ("Innovative") is pleased to announce it has sold two of its development properties to an arms length third party.

TIAA-CREF Global Real Estate and Developers Diversified Close on Joint Venture and Acquire 67 Community Retail Center Properties for $3 Billion

Thu, 01 Mar 2007 21:45:04 GMT

PRNewswire - TIAA-CREF, the financial services organization and leading provider of retirement services in the academic, research, medical and cultural fields, and Developers Diversified, the nation's leading owner, manager and developer of market-dominant community centers, announced the closing of their joint venture created to purchase a portfolio of 67 community retail centers for approximately $3.0 billion of total asset value.

Atwell-Hicks Expands Office/Industrial Land Development Services

Thu, 01 Mar 2007 20:58:46 GMT

PRNewswire - Client demand and ongoing geographic expansion have spurred land development consulting firm Atwell-Hicks to expand their office/industrial project teams and service offerings.

$12.3 Million Loan From Kennedy Funding Helps Philadelphia Developer Acquire 71-Acre Tract Along the Delaware River

Wed, 28 Feb 2007 16:23:51 GMT

PRNewswire - Joseph F. Logue, Jr. of Churchill Residential Development, LP knew a piece of property with potential when he saw one.

MI Developments Inc. notice of conference call for fourth quarter and year-end 2006 results

Mon, 26 Feb 2007 13:44:56 GMT

PRNewswire - MI Developments Inc. ("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) will announce its financial results for the fourth quarter and fiscal year ended December 31, 2006 on Wednesday, March 7, 2007 before the market opens for trading.

Scripps Investments & Loans Arranges $72,575,000 for the Acquisition and Pre-Development of a Lifestyle Retail Power Center in Northlake, Texas, a

Wed, 21 Feb 2007 20:02:54 GMT

PRNewswire - On February 9, 2007, Scripps Investments & Loans, a private equity lender in La Jolla, California, arranged $58,575,000 in financing for the Northlake Town Center in Denton, Texas.

Trulia Launches Open API to Make Real Estate Information Available to All Developers

Tue, 20 Feb 2007 16:23:17 GMT

PRNewswire - Trulia.com, America's intuitive residential real estate search engine, today announced the opening of the Trulia API to the developer community.

Seattle Architecture Firm GGLO Selected to Design Springbrook Development's Luxury Inn, Restaurant, Spa, Retail Village

Tue, 20 Feb 2007 01:23:17 GMT

PRNewswire - Oregon entrepreneur and philanthropist Joan Austin has named Seattle architecture firm GGLO to design the luxury inn, restaurant, spa and retail village that will be part of her new Springbrook Development.

Leading South Florida Developer Builds Two Tower Architectural Icon Inspired by New York's Chrysler And Empire State Buildings

Mon, 19 Feb 2007 13:33:17 GMT

PRNewswire - Cabi Developers, a leading South Florida developer led by Jacobo Cababie, and the US subsidiary of GICSA, Mexico's foremost development company, is taking inspiration from two New York landmarks to build an architectural masterpiece in Brickell, Miami's prestigious financial district.

Donald J. Trump Announces His Latest International Real Estate Development at Cap Cana, Dominican Republic

Sat, 17 Feb 2007 01:54:49 GMT

PRNewswire - Donald J. Trump has signed a partnership agreement with Cap Cana, S.A. in the Dominican Republic to...

First Industrial to Develop 'InterPort Business Park' Totaling 1.3 Million Square Feet in the Port of Houston

Fri, 16 Feb 2007 14:15:05 GMT

PRNewswire - First Industrial Realty Trust, Inc. (NYSE: FR), the nation's largest provider of diversified industrial real estate, today announced that it has acquired an 88 acre land site strategically located in the Port of Houston.

$15.5 Million Loan From Kennedy Funding Helps Developer Bring an International Flavor to Chamblee, Georgia

Thu, 15 Feb 2007 17:12:03 GMT

PRNewswire - Kennedy Funding (www.kennedyfunding.com), the industry's leading direct private lender headquartered in Hackensack, New Jersey, announced that it has closed a $15.5 million loan to Archetype Development Group, LLLP in Chamblee, Georgia.

Education Realty Trust Developed and Managed On-Campus Housing Wins Acclaim

Wed, 14 Feb 2007 21:00:10 GMT

PrimeNewswire - Education Realty Trust, Inc. (NYSE:EDR) today announced that one of its student communities, Community Park at the University of Louisville, has been honored regionally by the Associated Builders and Contractors of Kentuckiana, Inc.

Photo Release -- Education Realty Trust Developed and Managed On-Campus Community At UAB Wins Construction Honors

Tue, 13 Feb 2007 12:00:26 GMT

PrimeNewswire - Education Realty Trust, Inc. (NYSE:EDR) today announced that one of its student communities, Blazer Hall at the University of Alabama, Birmingham (UAB), has been honored regionally by South Central Construction Magazine as the Best Education Project of 2006.

Education Realty Trust Wins Development Contract At West Chester University

Mon, 12 Feb 2007 18:50:09 GMT

PrimeNewswire - Education Realty Trust, Inc. (NYSE:EDR) today announced that it has been selected to develop new on-campus residential communities at West Chester University of Pennsylvania just west of Philadelphia.

MGM MIRAGE Enters Into Partnership Agreement to Develop New Community In Jean, Nevada

Mon, 12 Feb 2007 14:31:07 GMT

PRNewswire - MGM MIRAGE (NYSE: MGM) announced today that it has entered into a partnership agreement with Jeanco Realty Development, LLC to form a 50/50 joint venture whose purpose is to master plan a mixed-use development on approximately 166-acres of land currently owned by MGM MIRAGE in Jean, Nevada.

PMI Mortgage Insurance Co. Promotes Jan Walker to Senior Vice President, Structured Transactions and Structured Product Development

Mon, 12 Feb 2007 13:15:30 GMT

PRNewswire - PMI Mortgage Insurance Co., a subsidiary of The PMI Group, Inc. (NYSE: PMI), today announced the promotion of Jan Walker to the position of Senior Vice President, Structured Transactions and Structured Product Development.

Rancho Santa Monica Developments, Inc. Announces Completion of Its Tulum, Mexico Development: Parayso Hotel and Spa

Mon, 12 Feb 2007 12:25:40 GMT

PrimeNewswire - Rancho Santa Monica Developments, Inc. (OTCBB:RSDV) ("the Company") announced today that its development in Tulum, Mexico ("the resort") is now substantially completed and will be ready for operations March 9th, 2007.

ProLogis Acquires Industrial Business of European Developer Parkridge

Mon, 12 Feb 2007 07:02:59 GMT

PRNewswire - ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that it has acquired the industrial development business of Parkridge, a leading European developer of distribution centers.

Behringer Harvard Partners on Student Housing Developments

Thu, 08 Feb 2007 18:09:30 GMT

PRNewswire - Behringer Harvard announced today that it will provide about $14.2 million in mezzanine financing and enter into agreements to take equity stakes in two projects in conjunction with subsidiaries of Brookfield Real Estate Opportunity Fund and Phoenix Property Company.

Associa's New Subsidiary, Urban Association Services, Specializes in the Development of New Communities

Thu, 08 Feb 2007 15:42:54 GMT

PRNewswire - Associa, the nation's leader in community association management, recently established a new subsidiary, Urban Association Services, Inc., to meet the growing demands of downtown development and management needs across primary, secondary, and tertiary markets.

SBD International, Inc Affiliate Announces Joint Venture for the Development of 49 Acre Property

Thu, 08 Feb 2007 14:31:19 GMT

PRNewswire - Management of SBD International Inc. (OTC Bulletin Board: SBDN), a construction and real estate development company, announced that its affiliate SiteWorks Building & Development LLC has executed a joint venture agreement with property owner Owen Baynard for the development of a 49 acre property in Chiefland, Florida

Lewis Builds joins Trump Toronto Development Team

Thu, 08 Feb 2007 13:04:14 GMT

CNW Group - Talon International Development Inc. today announced that renowned construction management firm Lewis Builds has joined the Trump International Hotel & Tower, Toronto development team.

MI Developments announces acquisition of two development properties

Wed, 07 Feb 2007 14:10:19 GMT

PRNewswire - MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) ("MID") today announced that it has acquired all of Magna Entertainment Corp.'s (TSX: MEC.A; NASDAQ: MECA) ("MEC") interests and rights in two of its non-core real estate properties, a 34 acre parcel of residential development land in Aurora, Ontario and a 64 acre parcel of excess land at Laurel Park in Howard County, Maryland, in return for cash consideration of Cdn.$12 million and US$20 million, respectively.