The Southeast division of DeLuca Homes reported sales of more than $118 million in 2005, compared to sales of more than $84 million in 2004.
Waiting periods for Albertsons deals expire
Albertsons said the U.S. Federal Trade Commission completed its pre-merger review and no divestitures were required.
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Georgia foreclosures down in February
The number of new foreclosed residential properties in Georgia dropped 21 percent in February, Foreclosure.com reported.
Apartments purchased
MoDo Developers has purchased the Silverbrook Apartments in Denver for $2.9 million with plans to renovate and transform the property into condominiums.
Australian Hotel Investment Market to Remain Buoyant in 2006
According to Jones Lang LaSalle Hotels, hotel investors in Australia are likely to see a continuation of the favourable conditions for purchasing hotels throughout 2006.
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