December 21, 2000 LAFAYETTE, Calif. – Bedford Property Investors Inc. REIT (NYSE: BED) secured two leases at Waterpark at Briarwood Phase I, a 103,181-square-foot, two-building, office complex in Denver.Bedford leased 50,988 sf to Arrow Electronics Inc. and 15,362...

December 21, 2000 RALEIGH N.C – Winston Hotels Inc. (NYSE: WXH) hasopened an $8.5 million Jacksonville Hampton Inn at Ponte Vedra Beach, Florida.The 5-story, 118-room hotel, located off I-95 and J.T. Butler Boulevard, is operated under a joint...

December 20, 2000 Credit Suisse First Boston Securities Corp., Series 2000-FL1ClassAmount($mln)RatingS&PRatingMoody'sAvg.LifeOrig.PriceTalk(BP)RevisedPriceTalk(BP)BnchMarkA-1221.8AAAAaa1.5+25-26+28 areaLiborA-231.7AAANR1.85+32-34+38 areaLiborB23.1AANR2.03+39-42+45 areaLiborC26.9ANR2.22+80 area+85-90LiborD21.1BBBNR2.28+175 area+175 areaLiborE5.8BBB-NR2.49+225 area+225 areaLiborAX*330.4AAAAaaNANANALiborAY**75.8AAAAaaNANANALibor* Initial aggregate notional principal balance of classes A through E.** Initial aggregate notional principal balance of Floor Rate Loans.

December 20, 2000Condo in limbo at Hammock DunesDaytona Beach News-Journal, December 20BUNNELL, Fla. – Developer Bobby Gin's plans for a luxury resort development in Hammock Dunes have been kicked back to the County Commission planning board for recommendation....

December 20, 2000 Chase Commercial Mortgage Securities Corp., Series 2000-FL1ClassAmount($mln)Sub.Rate(%)RatingS&PAvg.LifePriceTalk*(BP)BnchMarkA180.344AAA2.9+27-28LiborB27.335.5AA2.9+45 areaLiborC23.328.25A2.9+80 areaLiborD825.75A-2.9NALiborE16.920.5BBB2.9+180 areaLiborF818BBB-2.9+245 areaLibor* Revised. Earlier price guidance was not available.

December 20, 2000First Industrial Realty Trust (NYSE:FR) CEO Michael Brennan is to be interviewed this hour (1 p.m.) on CNBC's "Power Lunch" program.Brennan will be commenting on REIT stocks and investments after any pending Federal Reserve actions.

December 20, 2000SEAL BEACH, Calif. – GreenPark Group LLC, which has invested $110 million in developing contaminated properties mainly in California and Nevada, is expanding east with a second fund, according to The Wall Street Journal.The group hopes...

December 20, 2000 Special to Commercial Real Estate DirectMBK Real Estate is looking to build and/or redevelop roughly 1.5 million square feet of retail space next year, mostly in California, Oregon and Washington.The firm's work will "include both...

December 20, 2000 LOS ANGELES – Castle & Cooke Inc. has named Edward C. Roohan president and chief operating officer.Roohan, who joined Castle & Cooke in 1993, most recently served as vice president and chief financial officer. He...

December 20, 2000 Commercial Real Estate DirectMichael Brennan, chief executive of First Industrial Realty Trust (NYSE:FR), said today that "the attraction of the dividend" that helped put real estate investment trusts on the map in 1994 is poised...

December 20, 2000 ATLANTA – Post Apartment Homes LP (NYSE: PPS) has priced a $185 million offering of senior notes.The 10-year notes, which mature on Dec. 20, 2010, were priced to yield 7.7 percent. The notes were rated...

December 20, 2000 TrizecHahn Corp. (NYSE:TZH) plans to turn its U.S. office property business into a REIT by the end of 2001.The Toronto-based company is planning to split its core operations, one involved in the ownership of carrier...

December 20, 2000 CHICAGO - AMLI Residential Properties Trust (NYSE:AML) in a joint venture with an existing institutional partner, purchased Jefferson Estates at Lowry, a 414-unit luxury apartment community located in Denver.The renamed AMLI at Lowry Estates is...

December 20, 2000 RALEIGH, N.C. – A group of lenders has provided Highwoods Properties Inc. (NYSE:HIW) with a $300 million unsecured credit facility.The facility, which matures in December 2003, replaces Highwoods current $450 million credit line.It carries a...

December 19, 2000 COLUMBIA, Md. – The Rouse Co. (NYSE:RSE) has named Michael J. Bryant vice president and associate division director of commercial development.Bryant will oversee the development of a portion of the Rouse Company's new commercial development...

December 19, 2000 KENNETT SQUARE, Pa.– German American Capital Corp., the conduit lending arm of Deutsche Bank, has agreed to extend the maturity of a credit line it provides ElderTrust (NYSE:ETT ) to Aug. 31, 2002.The line was...

December 19, 2000 DaimlerChrysler Capital Services has financed sites in California, Arizona, Texas and Nevada through $74 million in loans.DaimlerChrysler provided a $32.1 million loan to two industrial sites located in the heart of San Jose's high-tech "Golden...

December 19, 2000 SAN FRANCISCO – A syndicate of 13 banks has expanded BRE Properties Inc.'s (NYSE:BRE) credit line by an additional $50 million.The new, three-year facility, maturing December 2003, replaces the REIT's existing $400 million line of...

December 19, 2000 NEW YORK – Standard & Poor's has lowered its corporate credit rating on Nationwide Health Properties Inc. to triple-B-minus from triple-B and lowered the ratings on the company's $727.9 million outstanding securities in part because...

December 19, 2000 Developer gets OK for office complexTampa Tribune, December 19CARROLLWOOD, Fla. – Waterford Construction and Development is building five offices ranging from 2,500-sf to 4,000-sf on about 2-acres east of Dale Mabry. The developers scaled back...

December 19, 2000NEW YORK – A group led by Goldman Sachs' Whitehall Fund is still uncertain that it can sell the Rockefeller Center at the target price of more than $1.8 billion and has begun to explore other...

December 19, 2000NEW YORK – The California State Teachers Retirement System, a client of Clarion Partners, has purchased 685 Third Ave. for more than $200 million, according to the New York Post.The 31-story building is at the northeast...

December 18, 2000 Commercial Real Estate Direct Staff ReportTishman Hotel Corp. is buying the Westin River North Hotel in Chicago with Starwood Hotels & Resorts.As previously reported, Tishman is buying the 441-unit property from Lend Lease Real Estate...

December 18, 2000Continental Wingate has provided $48.3 million of mortgage financing to Brothers International Holding Co. for a large outdoor shopping center in San Jose, Calif.Almaden Plaza is a 14-building specialty community shopping center with 550,000 square feet...

December 18, 2000 NEW YORK – Fitch has downgraded its rating for $200 million cumulative preferred stock issued by Taubman Centers Inc. (NYSE:TCO) from double-B-plus to double-B. The outlook is stable.Fitch's downgrade is based in part on a...