General News

December 20, 1999 CHICAGO – AMLI Residential (NYSE:AMLI) has sold AMLI at Park Place, a 588-unit apartment complex in Austin, Texas, for $25.8 million.The property was owned by a partnership 25 percent owned by AMLI. As a result, AMLI received...

December 20, 1999 Trammell Crow is dished a plate full of projects at DisneyOrlando Sentinel, December 20LAKE BUENA VISTA, Fla. – The Celebration Co. has hired Trammell Crow to handle sales of commercial property at Celebration Place and along Celebration...

December 20, 1999 Wilshire Real Estate Investment Trust Inc. (NYSE: WREI) has filed a Form 8-K (Current Report) with the SEC.

December 20, 1999 MGI Properties (NYSE:MGIP) has filed Form 8-K with the SEC.

December 17, 1999 Whispers of La Ronde deal go roundMontreal Gazette, December 17 MONTREAL – A deal may be near that would clear the way for the Reichmann family to build a $1-billion sports and entertainment theme park on the...

December 17, 1999 (NewsTraders.com) -- Two officers at Ocwen Financial Corp. (NYSE:OCN) combined to sell 117,000 shares of the savings and loan holding company in November, according to Form 4 filings released Dec. 15 by the SEC.Senior Managing Director and...

December 17, 1999 WASHINGTON, DC – Pamela Hinton has been named president of The Society of Industrial and Office Realtors. Hinton replaces Bonnie S. Gottlieb, who had been president since early 1998.Hinton has been senior vice president of the trade...

December 17, 1999 ORLANDO, Fla. – CNL American Properties Fund Inc. has provided $56.1 million of debt financing to the buyers of 54 Wendy's restaurants in the Memphis, Tenn., area.The financing was provided to Valenti Mid South Management LLC and...

December 17, 1999 CV REIT Inc. (NYSE:CVI) has filed a Form 8-K with the SEC. This current report includes the Dec. 10 agreement and plan of reorganization and merger among Kranzco, KRT Trust, CV REIT and Kramont Realty Trust.

December 17, 1999 WASHINGTON – REITs can now generate income from a wider variety of activities, thanks to a bill that was signed into law by President Bill Clinton. The law also reduces the share of taxable income, to 90...