February 2, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $31.6$29.1$123.4$110.6FFO/shr (diluted) $0.65$0.61$2.56$2.32Net Income (Mln) $12.9$18.7$36.7$69Net/shr$0.28 $0.42 $0.81$1.55Revenue (Mln)$61.8 $60.7 $253.5$234.3Shares Outstanding (Mln)48.847.8 48.3 47.8

February 2, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterThe owners of new warehouse buildings within the 72-acre Plantation mixed-use development in City of Industry, Calif., have completed sale and lease transactions totaling about $20 million.APW...

February 2, 2001 (NewsTraders.com) – BB&T Capital Markets analyst Harry Leathers altered his ratings on two REITs Friday, lifting Washington Real Estate Investment Trust (NYSE:WRE) to strong buy from long-term buy, and lowering Winston Hotels (NYSE:WXH) to hold...

February 2, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $39.9$38.6$156.3 $152.4FFO/shr (diluted) $0.89$0.83$3.50$3.20Net Income (Mln) $13.6$12.2 $65.1 $52.3 Net/shr$0.33$0.29$1.63$1.23Revenue (Mln)$101.1 $96.9$403.5$371.3Shares Outstanding (Mln)44.746.3 44.747.6

February 2, 2001 (NewsTraders.com) – Lehman Brothers analyst David Shulman said Friday that concerns over Boston Properties' (NYSE:BXP) bid to acquire an operating lease for Manhattan's World Trade Center are "overdone," while maintaining his strong buy ranking on...

February 2, 2001 GURNEE, Ill. – AMLI Residential Properties Trust (NYSE:AML) and venture partner BPMT have purchased AMLI at Osprey Lake for an undisclosed purchase price.AMLI and BPMT contributed about 70 percent and 30 percent, respectively, of the...

February 2, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $22.2$17.4 $80.8 $67.0 FFO/shr (diluted) $1.06 $0.85 $3.90 $3.26 Net Income (Mln) $11.1 $13.0 $44.1 $42.2 Net/shr$0.59 $0.71 $2.37 $2.36 Revenue (Mln)$49.4 $39.5 $178.7$146.0 Shares Outstanding (Mln)21.0 21.0 20.7...

February 2, 2001 TORONTO – Patrick J. Lavelle, F.G. McDowell and Theodore I. Sherman have resigned from the board of directors at Revenue Properties Co. Ltd. (Nasdaq:RPCLF).In their place, the company has appointed James R. Bullock, David A....

February 2, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $17.1$17.4 $53.2 $54.9 FFO/shr (diluted) $0.86 $0.83 $2.67 $2.58 Net Income (Mln) $8.5 $9.2 $23.7 $25.3 Net/shr$0.53 $0.53 $1.45 $1.44 Revenue (Mln)$39.8 $38.7 $142.2$133.6 Shares Outstanding (Mln)16.2 17.3 16.3...

February 2, 2001 NEW YORK – Standard & Poor's has lowered its rating on Omega Healthcare Investors Inc. (NYSE:OHI) and on the company's senior unsecured debt and cumulative preferred stock. The outlook is negative.The downgrades were prompted by...

February 2, 2001 Glendale, Calif., Developer Buys Burbank BuildingBy Brad Berton, Commercial Real Estate Direct Contributing WriterExecutive Software of Glendale, Calif., has purchased 7590 N. Glenoaks Blvd. in Burbank for $10.68 million and will relocate its corporate headquarters.Executive...

February 2, 2001 HORSHAM, Pa. – GMAC Commercial Mortgage has acquired Keystone Mortgage Partners LLC, a Phoenix-based originator and servicer of commercial mortgages specializing in life insurance company-originated mortgages.Terms of the transaction were not disclosed.Keystone Mortgage Partners originates...

February 2, 2001 FORT WORTH, Texas – Crescent Real Estate Equities Co. (NYSE:CEI) has promoted David M. Dean to executive vice president of law and administration.He has served as senior vice president of law since he joined the...

February 1, 2001 Judge may rule on mall expansion Friday The Charlotte (N.C.) Observer, February 1CHARLOTTE, N.C. – The $100 million SouthPark mall expansion project is being threatened by a lawsuit filed by eight residents, who say their...

February 1, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $97.2$86.4 $377.9 $278.6 FFO/shr (diluted) $0.63 $0.57 $2.46 $2.19 Net Income (Mln) $73.4 $41.2 $213.0 $139.6 Net/shr$0.57 $0.33 $1.66 $1.32 Revenue (Mln)$194.7 $183.6 $794.6$589.6 Shares Outstanding (Mln)154.8 152.0 153.9...

February 1, 2001 Ivanhoe and Cambridge to merge Canada Newswire, February 1MONTREAL – Ivanhoe Inc. and Cambridge Shopping Centres Ltd. will merge, and the new organization will be known as Ivanhoe Cambridge. The move follows Ivanhoe's acquisition and...

February 1, 2001DENVER – AMLI Residential Properties Trust (NYSE:AML) has purchased the Legacy Gateway Park apartment community for an undisclosed purchase price.The community, which has been renamed AMLI at Gateway Park, consists of 328 units set on about...

February 1, 2001 LOS ANGELES – Cousins Properties Inc. (NYSE:CUZ) has acquired the remaining 49.9 percent interest in Phase I of the Cerritos Corporate Center for $7.5 million from its venture partner CommonWealth Pacific.Cousins now owns the 222,000-square-foot...

February 1, 2001 SAN FRANCISCO – Jacqueline D. Reses has been appointed chief executive officer at iBuilding.Prior to iBuilding, Reses handled business development at 12 Entrepreneuring Inc., the entrepreneurial operating company that led iBuilding's $15 million in financing.Before...

February 1, 2001 SAN JOSE, Calif. – GMAC Commercial Mortgage Corp. has provided $29.6 million of fixed-rate financing for two hotels in Milpitas, Calif.JWMFE Milpitas CY LLC has received a $16 million loan for the 155-unit Courtyard by...

February 1, 2001 By Patrick Crowley, Commercial Real Estate Direct Contributing WriterOne of the nation's largest education pension funds has made a $28 million purchase of industrial property outside of Cincinnati in northern Kentucky, giving brokers cause to...

February 1, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln)$6.5$6.5 $31.8 $31.8 FFO/shr $0.36 $0.36 $1.72 $1.76 Net Income (Mln)$12.1 $2.9 $15.0 $16.9 Net/shr$0.61 $0.07 $0.48 $0.61 Revenue (Mln)$23.9 $13.9 $63.7$62.7 Shares Outstanding (Mln)18.2 18.1 18.2 18.1

February 1, 2001 DALLAS – Infomart has partnered with Sarofim Realty Advisors to buy 65 acres at the northwest corner of Interstate 45 and Beltway 8 West in Houston's Greenspoint area from Ray Nasher.Infomart, the Dallas-based developer of...

February 1, 2001 DENVER – Lowe Enterprises Investment Management Inc. has acquired the Koll Peoria Center from Koll Development on behalf of a pension fund client for an undisclosed amount.The more than 400,000-square-foot industrial campus consists of two...

February 1, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $48.7 $43.2 $185.1 $170.4 FFO/shr (diluted)$0.74 $0.66 $2.82 $2.60 Net Income (Mln) $26.6 $23.7 $96.7 $96.6 Net/shr$0.42 $0.37 $1.52 $1.53 Revenue (Mln)$104.1 $89.8 $388.1$340.7 Shares Outstanding (Mln)63.8 63.4 63.6...