February 15, 2001 (NewsTraders.com) – CoStar Group (Nasdaq:CSGP) slid to buy from strong buy Thursday at Needham & Co. as analyst Dalton Chandler downgraded the stock and also took a knife to his price target, halving the goal...

February 15, 2001 Summit REIT sells Westmount Place in OntarioCanada Newswire, February 15TORONTO - Summit REIT has entered into an agreement to sell Westmount Place - a retail mall in Waterloo, Ontario - to Clarica for C$17.2 million...

February 15, 2001 (NewsTraders.com) – A.G. Edwards & Sons analyst Art Havener today lifted his rating on Great Lakes REIT (NYSE:GL) to buy from maintain today, in a move prompted by valuation.Havener said shares of Great Lakes REIT...

February 15, 2001 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterThe $1.2 billion Morgan Stanley Dean Witter Capital I Trust 2001-TOP1 commercial mortgage-backed securities transaction, the first U.S. conduit of the year and comprised of collateral...

February 15, 2001 GREENSBORO, N.C. - Tanger Factory Outlet Centers Inc. (NYSE:SKT) has priced a $100 million offering of senior-term notes.The seven-year notes, which mature Feb. 15, 2008, were priced to yield 9.25 percent. They were issued at...

February 15, 2001 TEANECK, N.J. - Vizy Interactive New York will create a Web site for Tishman Real Estate Services.Vizy Interactive New York will provide consulting, interface graphic design, content integration, production and database development solutions for the...

DmEquity Residential 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $838.1$732.8 $217.8 $195.9 FFO/shr (diluted) $1.29 $1.18 $5.00$4.50 Net Income (Mln)$126.3 $107.8 $549.4 $393.9 Net/shr$0.74 $0.63 $3.34 $2.29 Revenue (Mln)$504.8$467.8$1,959.8$1,711.7 Shares Outstanding (Mln)145.7 140.1 145.6 135.7

February 15, 2001 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has provided a $25 million first mortgage for the refinancing of an outdoor anchored retail power center in St. Louis, Mo.The floating-rate three-year mortgage is a repositioning loan...

February 15, 2001 Morgan Stanley Dean Witter Capital I Trust 2001-TOP1ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-16515AAAAAA3.4+30 area+30SwapsA-2203.515AAAAAA5.7+39-40+40SwapsA-3138.515AAAAAA6.8+43-44+43SwapsA-4575.915AAAAAA9.65+46-47+47SwapsB34.712AAAA9.89+62-63+62SwapsC31.89.25AA9.93+80-82+81SwapsD11.58.25A-A-9.98+91-93+93SwapsE27.45.88BBBNR9.98+125 area+125SwapsF10.15BBB-NR10+275 area275Treas.X-1*50--AAAAAANA+475 area475Treas.X-2*46.6--AAAAAA--+195 area195Treas.* Notional amount, interest only.

February 15, 2001 SAN FRANCISCO – AMB Property Corp. (NYSE:AMB) and the City and County of San Francisco Employees' Retirement System have teamed to invest in industrial distribution properties nationwide. The REIT and the pension fund have each...

February 15, 2001 (NewsTraders.com) – Friedman Billings Ramsey & Co. analyst Merrill Ross lowered her rating on Cornerstone Realty Income Trust (NYSE:TCR) to accumulate from buy today in a move prompted by a negative near-term supply outlook.The downgrade...

February 15, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $44.2$39.6 $169.2 $151.0 FFO/shr (diluted) $0.95 $0.87 $3.66 $3.33 Net Income (Mln) $19.8 $20.0 $85.0 $91.9 Net/shr$0.51 $0.52 $2.18 $2.41 Revenue (Mln)$98.2 $90.6 $384.2$374.2 Shares Outstanding (Mln)39.1 38.2 38.9...

February 15, 2001 NEW YORK – Standard & Poor's has acquired Charter Research Corp., a Boston analytics firm that specializes in the commercial mortgage sector.The acquisition gives S&P the ability to broaden its reach from the commercial mortgage-backed...

February 15, 2001 NASHVILLE, Tenn. – Corrections Corporation of America (NYSE:CXW) has received final court approvals for revised terms in its settlements with shareholders.The revised terms call for the REIT to issue 49.6 million shares of common stock...

February 15, 2001 NEW YORK – Fitch plans to start analyzing and rating structured finance trustees, the institutions responsible for bond administration and custodial services relating to commercial mortgage-backed, residential mortgage-backed and asset-backed securities.After repeated requests from investors...

February 15, 2001 BOSTON – Beacon Capital Partners Inc. has closed on its sale of Technology Square in Cambridge, Mass., for $278.8 million.The Massachusetts Institute of Technology bought Technology Square's three existing buildings totaling about 541,000 square feet...

February 15, 2001 BETHESDA, Md. - First Washington Realty Trust Inc. (NYSE:FRW) anticipates closing on its sale to affiliates of U.S Retail Partners LLC, a joint venture of California Public Employees' Retirement System and National Retail Partners LLC,...

February 15, 2001 ATLANTA – Daniel M. DuPree is resigning as president and chief operating officer of Cousins Properties Inc. (NYSE:CUZ) effective March 31.The company's board has named R. Dary Stone, president of Cousins Stone LP and a...

February 15, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $22.7$20.0 $85.9 $77.6 FFO/shr (diluted) $0.70 $0.63 $2.67 $2.45 Net Income (Mln) $10.2 $8.3 $37.8 $34.6 Net/shr$0.36 $0.29 $1.33 $1.23 Revenue (Mln)$53.9 $48.8 $204.8$189.4 Shares Outstanding (Mln)28.6 28.5 28.6...

February 15, 2001 Boca Raton, Fla., group gathers land for projectThe Boca Raton (Fla.) News, February 15BOCA RATON, Fla. – New Urban Communities Corp. is targeting land for another mixed-use redevelopment project on West Atlantic Avenue. The organization...

February 15, 2001 ROCKVILLE, Md. – The trustees of Federal Realty Investment Trust (NYSE:FRT) have promoted Donald C. Wood to president and chief operating officer.Prior to his promotion, Wood served as the company's senior vice president and chief...

February 15, 2001 (NewsTraders.com) – CIBC World Markets analyst Paul Keung on Thursday initiated coverage of Starwood Hotels & Resorts (NYSE:HOT) and seven other companies that focus on the hotel and lodging sectors.In the lodging sector, the analyst...

February 15, 2001 Cohen Financial has chosen CapitalThinking's Bluewire as the platform for online mortgage originations.Cohen, a Chicago mortgage banker, will initially use Bluewire to more quickly and efficiently process loan applications. But it will eventually include a...

February 15, 2001 KANSAS CITY, Mo. – Entertainment Properties Trust (NYSE:EPR) has closed on a $125 million secured financing.Proceeds were used to repay and retire the company's existing revolving credit line, which was secured by 13 megaplex properties.The...

February 15, 2001 LONG BEACH, Calif. – Developers Diversified Realty Corp. (NYSE:DDR) has received a 12-month extension from the city to develop the Queensway Bay project.Developers Diversified was set to begin construction this fall on the project, which...