March 15, 2002 Rodamco North America NV has repurchased the 14.7 million shares it issued last fall to an independent trust when it was trying to thwart Westfield Holdings' attempt to take control of the company. Rodamco paid...

March 15, 2002 Entertainment Properties Trust (NYSE:EPR) has completed its acquisition of five megaplex theaters in metropolitan New Orleans.The REIT in January agreed to pay about $70 million for the portfolio, essentially the real estate assets of Gulf...

March 15, 2002 DENVER – ProLogis (NYSE:PLD) has completed the sale of two of its European cold-storage operations for $102 million.The operations sold comprise 37.8 million cubic feet of space. The company had previously announced that it was...

March 15, 2002 CLEARWATER, Fla. – Post Properties Inc. (NYSE:PPS) has sold Post Court, a 228-unit apartment complex, for $16 million.An affiliate of San Antonio, Texas, investment firm Internacional Realty Inc. bought Post Court, which was built by...

March 15, 2002 RALEIGH, N.C. – Konover Property Trust (NYSE:KPT) has received several non-binding offers to acquire the shopping center REIT.One of the offers made was by Prometheus Southeast Retail Trust, which holds about 67 percent of Konover's...

March 15, 2002 ATLANTA – Post Properties Inc. (NYSE:PPS) has agreed to transfer substantially all of its third-party general contracting business to a new company formed by former Post executives.The deal provides a way for the REIT to...

March 15, 2002 NEW YORK – Delinquencies for mortgages securitized in CMBS deals rated by Fitch Ratings increased in January to 1.25 percent from 1.11 percent the month before.The upward trend in delinquencies in Fitch rated deals is...

March 15, 2002 NEW YORK – Fitch Ratings has withdrawn its ratings on Sasco Floating Rate Commercial Mortgage Trust's 1998-C3 because the multiclass pass-through certificates have been paid in full.Comments? E-mail Susanna Potter, or call her at (267)...

March 15, 2002 NEW YORK – Moody's Investors Service has downgraded Hilton Hotels Pool Trust, 2000-HLT, because its collateral pool has seen a decline in performance. The rating agency said that using adjusted cash flow and capitalization rates,...

March 15, 2002 Shipyards project in Jacksonville, Fla., moving aheadFlorida Times-UnionJACKSONVILLE, Fla. – TriLegacy, the development company footing the bill for the Shipyards project in downtown, yesterday introduced Lambert Development and architect firm Sandy & Babcock as key...

March 15, 2002 NEW YORK – Fitch Ratings has downgraded Credit Suisse First Boston Mortgage Securities Corp., 1997-C2, because of concerns it has with the performance of a large chunk of the collateral pool.The rating agency said it...

March 14, 2002 St. Joe begins work on Fla. retail complexPANAMA CITY BEACH, Fla. – The St. Joe Co. has begun construction of a retail complex here. Pier Park is a venture between the company and the city....

March 14, 2002 DALLAS – HQ Global Workplaces and 32 of its affiliates have filed for reorganization under Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Delaware. In conjunction with the filing, HQ has received a commitment...

March 14, 2002 BOISE, Idaho – Food and drug retailer Albertson's (NYSE:ABS) intends to exit four under-performing markets in Tennessee and Texas through store closures and sales.The markets are in Memphis, Nashville, Houston and San Antonio.Combined, the markets...

March 14, 2002 ARLINGTON, Texas – The Bauer Partnership Inc. (OTC BB:BUER) has agreed to buy the Six Flags Mall for $23.5 million.The real estate investment company's subsidiary, Bauer Capital Management Ltd., is buying the 1.2 million-square-foot mall...

March 14, 2002 Developer pays C$29Mln for development site in VancouverThe Vancouver SunVANCOUVER, British Columbia – Developer Peter Wall has out-bid four rivals to purchase one of the most coveted development sites in downtown. Wall Financial Corp. is...

March 14, 2002 PANAMA CITY, Fla. – Whitemark Homes (OTCBB:WTMK) has purchased 15 acres near Panama City for its $34 million Long Point Cove marina condominium project.Phase I will consist of 4.5 acres of commercial and retail space...

March 14, 2002 CHICAGO – Equity Residential Properties Trust (NYSE:EQR) has named Bruce W. Duncan president and a member of its board. The move, which was expected, calls for Douglas Crocker to relinquish his role as president. He...

March 14, 2002 NEW YORK – Investors Jeff Sutton and Eli Gindi have joined forces with the Blackstone Group to buy the boutique office building at 609 Fifth Ave. for $65 million, or $415/sf.The 13-story, 156,700-square-foot property near...

March 14, 2002 DALLAS – Colonial Bank has provided nearly $23.3 million in financing to AmeriSouth Realty for its purchase of two apartment properties, one each in Dallas and Fort Worth.Holiday Fenoglio Fowler's Dallas office arranged the two...

March 14, 2002 HOUSTON – Metropolitan Fund Corp. has provided $48.2 million in financing to Trimark Realty Investments for its Octagon portfolio of seven apartment properties totaling 1,845 units in Houston and Fort Worth.The 35-year, fixed-rate financing was...

March 14, 2002 Red Mortgage Capital Inc. has provided $13.5 million of Fannie Mae financing for Summerlin Apartments, a 147-unit complex in suburban Portland, Ore.The financing, a forward commitment mortgage, was structured under Fannie's delegated underwriting and servicing...

March 14, 2002 NEW YORK – Standard & Poor's has identified 40 loans in 29 CMBS transactions it rates in which Kmart stores are slated to close, according to lists released by the bankrupt retailer in January and...

March 14, 2002 CLEVELAND, Ohio – Forest City Enterprises Inc. (NYSE:FCEA) has registered with the SEC to allow the sale of up to 1.5 million shares of its Class A common stock.The selling shareholders are family entities controlled...

March 14, 2002 NEW YORK – A 13-year sublease that DMJM+Harris.Arup, an engineering venture, has signed for nearly 71,000 square feet at 20 Exchange Place in lower Manhattan is probably valued at $31 million.Although full terms of the...