General News

January 14, 2000 Credit Suisse First Boston was not involved in the purchase of the Shell Mex House in London's West End. A Jan. 11 story, "Witkoff Team Buys Large London Office Building for $278.6 Mln," inaccurately reported that the...

January 14, 2000 (NewsTraders.com) – Marriott International Inc. (NYSE:MAR) filed with securities regulators today to register $300 million of debt securities, Class A common stock and preferred stock under a shelf, according to a Form S-3 document.In addition, the company...

January 17, 2000The California Mart in downtown Los Angeles has been put up for sale, according to the Los Angeles Times.The massive property, which encompasses 2 million square feet, is expected to sell for more than $100 million.The property is...

January 14, 2000 Tenants forsake old buildings for newOrlando Sentinel, January 14ORLANDO, Fla. – More tenant shifts are under way in downtown Orlando because of new construction. Vacancies are rising downtown as new buildings come on line. Cushman & Wakefield's...

January 14, 2000 Public Works shops for spaceThe Ottawa Citizen, January 14OTTAWA – The federal Public Works Department is in the market for up to 500,000 square feet of office space for the federal government. The interest comes as part...

January 14, 2000 J.P.Morgan Commercial Mortgage Finance 2000-C9ClassAmount($mln)Sub.Level(%)RatingMoody'sRatingFitchAvg.LifePricetalk(BP)BnchMarkA-120025.75AAAAAA5.47+96-98Treas.A-2404.725.75AAAAAA9.53+114-116Treas.B36.621.25AA2AA9.72+131-134Treas.C38.716.5A2A9.72+148-151Treas.D10.215.25A3A-9.72+160-163Treas.E28.511.75Baa2BBB9.8+200 areaTreas.F14.310Baa3BBB-9.81+275 areaTreas.X*814.4N/AAAAAAAN/A+380 areaTreas.*Notional amount only.

January 14, 2000 NEW YORK – Bear Stearns will publish, on a monthly basis, reports detailing vital statistics of commercial mortgage securities transactions that it was involved in. The Bear Stearns CMBS Monthly Quality Report will also contain a comment...

January 14, 2000 BLOOMFIELD HILLS, Mich. – Taubman Centers Inc.(NYSE:TCO) is taking full ownership of the Twelve Oaks mall in Novi, Mich., while giving Rodamco North America full ownership of the Lakeside mall in Sterling Heights.The two firms had owned...

January 13, 2000 Barnett Inc. plans second building next to HQFlorida Times-Union, January 13JACKSONVILLE, Fla. – Barnett Inc., which opened an office headquarters in LaVilla downtown in May 1998, is moving ahead with development of its second building next door....

January 13, 2000 Quebec government seen in Sun Life deal Montreal Gazette, January 13MONTREAL – Sun Life Assurance Co. has sold a 50 percent stake in the Sun Life Building to SITQ Immobilier, the real-estate arm of Quebec's pension-fund manager....