February 12, 2002 Class Amount Sub. rate Rating Fitch Rating S&P Rating Moody's Avg. Life Price Talk (bps) Benchmark A1 305 26.5 AAA AAA Aaa 1.48 +37-38 Libor A2 302.4 26.5 AAA AAA Aaa 2.63 +47-48 Libor B...

February 12, 2002 NEWPORT BEACH, Calif. – Nationwide Health Properties (NYSE:NHP) has named David M. Boitano as vice president of development.Boitano, who will be based in the state of Washington, will be responsible for acquisition and new business...

February 12, 2002 ATLANTA – Six Continents Hotels Inc. has named Chris Ward vice president of strategy and a member of the Americas management committee. Ward will develop and implement the company's regional five-year plan and support its...

February 12, 2002 DENVER – Tarragon Realty Investors Inc. (Nasdaq:TARR) has closed on the sale of the Villages at Gateway for $33.2 million to Bridge Partners of Salt Lake City, Utah.The 768-unit property at 4515 Tulsa Court was...

February 12, 2002 CLEVELAND – KeyCorp (NYSE:KEY) has named Thomas W. Bunn senior executive vice president of Key Corporate Finance.Bunn replaces James S. Bingay, who announced his retirement last year but agreed to stay on until his successor...

February 12, 2002 Commercial Real Estate Direct Staff ReportA $734.2 million Fannie Mae Multifamily Assured Scheduled Payment Trust (MAST) deal now in the market is due to price early this afternoon, market sources say.Credit Suisse First Boston and...

February 12, 2002 Class Amount Rating S&P Rating Fitch Rating Moody's Avg. Life Price Talk Benchmark A 212.6 AAA AAA Aaa 2.8 +60 area Libor B 62.4 AA AA Aa2 2.8 +90-100 Libor C 63 A A A2...

February 12, 2002 TEMPE, Ariz. – Mobile Mini (Nadaq:MINI) has received a five-year, $250 million revolving credit line from a group of lenders led by Fleet Capital Corp.The facility replaces an existing line comprised of a $160 million...

February 12, 2002 ROCKVILLE, Md. – Butera Properties yesterday closed on its purchase of The Campus at Metro Park North, a newly constructed office campus consisting of four single-story office buildings.Butera paid $30.4 million, or about $160/sf, to...

February 12, 2002 WCI completes purchase of Marco Shores Country Club in Naples, Fla.NAPLES, Fla. – WCI Communities has closed on its purchase of the Marco Shores Country Club from Johnson Bay Development Corp. for an undisclosed sum....

February 12, 2002ATLANTA – Koger Equity Inc. (NYSE:KE) has closed on its purchase of Three Ravinia Drive for $125 million.The Boca Raton, Fla., REIT paid Ravinia Three Associates LP – a venture between the Dutch Shell Pension Fund...

February 12, 2002 CHIP REIT to buy 453-unit hotel in MontrealMONTREAL – Canadian Hotel Income Properties REIT has agreed to buy the Delta Montreal, a 453-unit hotel in the central business district for about C$48 million (US$30.2 million)....

February 12, 2002 HYANNIS, Mass. – Excel Switching, a subsidiary of Lucent Technologies, has sold and leased back most of the space in a 185,039-square-foot high-tech campus.The technology company sold the three-building complex at 255 Independence Drive to...

February 12, 2002 SANTA MONICA, Calif. – National Golf Properties (NYSE:TEE) is in discussions with its primary tenant, American Golf Corp., regarding a possible merger.National Golf, which is evaluating restructuring alternatives, has reached a forbearance agreement with its...

February 12, 2002 NEW YORK – Five lease-backed deals involving Kmart Corp. have been repaid.The five deals involved mortgages on properties leased to former Kmart units – Office Max, Borders Inc. and Sports Authority Inc. Those deals included...

February 12, 2002 NOTE: Click here for underwriter information and other details on this transaction. Class Amount Rating Avg. Life Priced Benchmark A 103.5 FNMA 5.48 +10 Swaps B 630.7 FNMA 9.82 +17 Swaps IO* 734.2 FNMA 9.21...

February 12, 2002 ST. LOUIS – Magellan Health Services Inc. has signed a lease for 268,000 square feet at the Riverport Commons in suburban Maryland Heights.The lease, valued at $35 million, allows the managed health care firm to...

February 12, 2002 NEW YORK – W. P. Carey & Co. (NYSE:WPC) has acquired four schools from Lincoln Technical Institute, which is leasing the properties back.The $10.1 million transaction calls for Lincoln to lease the four facilities under...

February 12, 2002 Class Amount Sub. Rate (%) Rating S&P Rating Moody's Avg. Life Price Talk Benchmark A-1 131.1 22.88 AAA Aaa 5 +49 area Swaps A-2 430.67 22.88 AAA Aaa 10 +49 area Swaps B 26.4 19.25...

February 12, 2002 The Commercial Real Estate Direct fourth quarter earnings table has been updated.Click here to view the updated table.Comments? E-mail

February 12, 2002 Goldman Sachs is the lead manager and book runner on this transaction. Banc of America Securities, Deutsche Bank and Lehman Brothers are co-managers. The issuer is CalWest Industrial Properties, a joint venture between Rreef Funds...

February 12, 2002 Commercial Real Estate Direct Staff ReportATLANTA – Cousins Properties' (NYSE:CUZ) said this week that an increase in property insurance premiums, particularly for terrorism coverage, will not significantly affect its financial results."The costs are still reasonable,"...

February 12, 2002 Rodamco North America NV has set Feb. 26 as the date for shareholders to vote on the Dutch company's decision to liquidate via a $5.3 billion property sale.The company agreed last month to sell its...

February 12, 2002 NEWARK, N.J. – Wachovia Securities has provided an $80 million floating-rate loan to the buyer of Two Gateway, an office building in Newark, N.J.'s Gateway Center complex.The buyer, American Landmark Properties, used the proceeds from...

February 11, 2002 NEW YORK – Fitch Ratings has withdrawn its ratings on Resolution Trust Corp.'s 1994-C2 because the sale of the trust's underlying mortgage loans and foreclosed properties has been completed and the trust terminated as a...