General News
Clarion Buys LA Warehouses for $98.6 Mln
November 18, 1999 NEW YORK – Clarion Partners has purchased, on behalf of a pension-fund client, the Cheli Distribution Center in Los Angeles for $98.6 million, or nearly $55/sf.The property comprises 14 buildings with some 1.8 million square feet of...
Impac Commercial 3rd-Qtr Loss $0.65/shr vs Loss $1.32/shr
November 18, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (Loss) ($5.5 mln) ($13.2 mln) ($5 mln) ($8.4 mln) Net (Loss)/shr($0.65) ($1.32) ($0.59) ($0.96) Revenue$7.3 mln $11.3 mln $24.3 mln $25.8 mln Shrs outst.8.4 mln 10 mln 8.5 mln 8.7 mln
County in Minnesota Seeks Developers for Riverfront Jail
November 18, 1999 By Dan Whipple, VertiNews.com CorrespondentST. PAUL, Minn. – Ramsey County is soliciting developers for an unusual slice of Mississippi riverfront property – its 121,000-square-foot county jail.The county is building a new detention center elsewhere, freeing up the...
Atlantic Gulf Communities 3rd-Qtr Loss $1.78/shr vs Net of $0.03/shr
November 18, 1999 3rd-Qtr 993rd-Qtr 98Net Income (Loss) ($22.5 mln) $0.3 mln Net (Loss)/shr($1.78) $0.03 Revenue$16.5 mln –
Capital Trust Files Proxy
November 18, 1999 Capital Trust Inc. (NYSE:CT) has filed a Form DEF 14A proxy statement with the SEC.
Southeast Regional Digest
November 18, 1999 Hotel approved for downtown BradentonBradenton Herald, November 18BRADENTON, Fla. – County commissioners have recommended approval for a 112-room Country Inns & Suites hotel on property east of the city-owned waterfront property in downtown Bradenton. Fisher Management Co....
Anthracite Files 10-Q
November 18, 1999 Anthracite Capital Inc. (NYSE:AHR) has filed Form 10-Q with the SEC.
REVISED PRICE TALK: PNC Mortgage 1999-CM1
November 18, 1999 PNC Mortgage Acceptance Corp., Series 1999-CM1ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP)BnchMarkA-1A127.126.76AAAAAA5.7+99-101Treas.A-1B45026.75AAAAAA9.56+118-120Treas.A-241.421.5AAAA9.85+139-142Treas.A-335.4517AA9.9+157-162Treas.A-413.7915.25A-A-9.9+178-183Treas.B-125.612BBBBBB9.9+233-238Treas.B-29.8510.75BBB-BBB-9.9+313-318Treas.
Canada Digest
November 18, 1999 CanadianTire opens three new storesThe Edmonton Journal, November 18 EDMONTON – Canadian Tire is investing $22 million for three stores it plans to open this week. The 137,000 square feet of new retail space here is part...
New Plan Excel Gets Lower Rate on New Credit Line
November 18, 1999 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) has negotiated a new $245 million unsecured senior credit facility, replacing a line with a higher interest rate.The new facility consists of two lines: a $122.5 million...
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