Ft. Lauderdale, FL Darcie Lunsford – Broward Daily Business Review July 11, 2001 Telecom builder T-Rex Developers isn’t conceding defeat in its mission to transform the IBM campus in Boca Raton into a telecommunications hub, but the partnership is gearing up to spend $833 million in other sectors. “It is not necessarily that we areRead More »
Commercial Mortgage Programs July 5th, 2001 T-Rex Capital, a new New York based mezzanine investor, has launched a $250 million real estate fund and related investment management company. It will invest in large mezzanine and equity transactions with total transaction sizes of $50 million to $100 million in major markets, says Thomas M. Mulroy, chiefRead More »
Reprinted from: Wall Street Journal – New York By Ray A. Smith June 20, 2001 Over the past few years, real-estate developers rushed to put up or renovate building to house the high-tech equipment that would power the exploding telecommunications industry. These so-called telecom hotels-windowless buildings with reinforced floors, super electrical feeds and wiring toRead More »
Ray A. Smith Dow Jones News Service, New York, NY June 19, 2001 Over the past few years, real-estate developers rushed to put up or renovate buildings to house the high-tech equipment that would power the exploding telecommunications industry. These so-called telecom hotels-windowless buildings with reinforced floors, super electrical feeds and wiring to the max-sprungRead More »
Source: Real Estate Alert June 13, 2001 T- Rex Capital, an investment firm headed by former Starwood Financial executive Thomas M Mulroy, is looking to raise $250 million of equity for an opportunity fund that will invest in properties and mezzanine debt. The vehicle will target properties valued at $50 million to $100 million thatRead More »
Source: GRID by Joe Gose June 1, 2001 Get ready to add telco hotel developers to the dot.com real estate casualty list, right under service providers. Then watch the biggest distressed-property acquisition frenzy since the Resolution Trust Corp.’s heyday in the 1990s, when opportunists snatched up stellar properties at bargain prices. According to Herb Hauser,Read More »
Press Release Contact: Nancy Bistritz: (404) 504-0003 Alison Miller: (212) 326-1074 Boca Raton, FL, May 24, 2001 – OmniCluster Technologies, a developer and provider of PCI card-based servers, has signed an 8,000 square foot lease at the Camino Real Centre at 1100 West Camino. The move, which will serve as OmniCluster’s new corporate headquarters, marksRead More »
Some think the city should sell its municipal golf facility and build on west of I-95 May 9th 2001 by Kathy Bushouse A new city golf course hasn’t even been committed to blueprints, but it’s already causing controversy. Its backers say a new course on city-owned land south of Yamato Road and west of InterstateRead More »
Letter from Costco attorney prompts council to delay study sought by club to move property into city limits by Kathy Bushouse. May 9th 2001 A neighborhoods push to become part of the city suffered a setback Tuesday night when City Council members failed to take up a request by the Boca Golf & Tennis ClubRead More »
Boca Council staff to review sealed bids by Kathy Bushouse May 4th, 2001 Two companies-the owners of the Boca Raton Resort & Club and a West Palm Beach business that builds and operates “resort-style” senior citizen communities-submitted bids on Wednesday to buy the Boca Raton Municipal Golf Course. The sealed bids for the 187-acre, 27-holeRead More »