November 17, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$16.1 $16.0 $40.0 $48.3 FFO/shr (diluted)$0.58 $0.57 $1.43 $1.73 Extra Gain (Loss) $2.0 $3.9 $6.4 $3.9 Net Income (mln) $9.3 $11.5 $20.5 $28.4 Net/shr$0.35 $0.43 $0.76 $1.05 Revenue (mln)$41.8 $40.5...
November 17, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$1.9 $1.7 $5.9 $5.1 FFO/shr (diluted)$0.27 $0.23 $0.80 $0.70 Net Income (mln) $1.3 $1.1 $4.1 $3.3 Net/shr$0.18 $0.15 $0.55 $0.45 Revenue (mln)$4.7 $4.5 $13.9 $13.2 Shares Out. (mln)7.3 7.3 7.3...
November 17, 2000 CHICAGO – Wexford Bancgroup has provided $19 million of construction financing for a proposed condominium redevelopment in Brooklyn, N.Y.The financing will be used to develop 169 luxury condominium units and 60,000 square feet of retail...
November 17, 2000 BayWalk dreams become realityThe Tampa Tribune, November 17ST. PETERSBURG, Fla. – The Sembler Co., and venture partner Redevelopment Partners Inc. have completed the $40 million BayWalk project featuring 150,000 square feet of retail and entertainment...
November 17, 2000 Commercial Real Estate DirectThe California Public Employees' Retirement System and Houston-based real estate developer Hines have received $130 million in fixed-rate financing for Fifty Fremont Center, a 41-story Class-A office tower in San Francisco's financial...
November 17, 2000 OAK BROOK, Ill. – CenterPoint Properties Trust (NYSE:CNT) is raising $63.2 million through the sale of common stock at $43.25/share.The offering, a rarity for a REIT these days, will be lead managed by Lehman Brothers...
November 17, 2000 BOSTON – The Debt Exchange Inc. has added William Mitchell as vice president of business development.Mitchell, who most recently managed part of Wells Fargo Bank's conduit lending program, had overseen the disposition of $1.3 billion...
November 17, 2000 MIAMI BEACH, Fla. – Equity One Inc. (NYSE:EQY) has named Doron Valero as president.Prior to his appointment, Valero served as the company's senior vice president and chief operating officer since 1994. Equity One also has...
November 17, 2000 NEW YORK – Commercial mortgage backed securities outperformed corporate bonds during the 1990s in terms of default rates, according to a report by Fitch.The report, "Comparing CMBS and Corporate Bond Defaults," attributed the strong CMBS...
November 17, 2000 First Commercial Corp. has formally launched FirstLiquidity.com, an online trading platform for commercial mortgages. The Web site currently has more than $130 million in performing mortgages posted for sale. The 95 loans divided into nine...
November 17, 2000 CHARLESTON, S.C. – Golf Trust of America Inc. (AMEX:GTA) plans to sell three golf courses in Palm Beach, Fla., for $35 million to affiliates of Emerald Dunes Golf Group, which leases the courses.The properties are...
November 17, 2000 NORTH HUNGTINGDON, Pa. – Developer Jim Aiello has proposed developing 305 acres near Route 30 and the Pennsylvania Turnpike with lakefront hotels and restaurants, offices and nearly 1 million square feet of retail space. The...
November 17, 2000 ARLINGTON, Va. – Charles E. Smith Residential Realty Inc. (NYSE:SRW) has acquired two multifamily properties, one in Florida and the other in Virginia, for $58 million.The multifamily REIT purchased the 240-unit New River Village apartment...
November 16, 2000 ATLANTA – Lodgian Inc. (NYSE:LOD) said it will report its third-quarter financial results on or about Nov. 30 and will file those results with regulators by Dec. 15.The delay – the third quarter ended Sept....
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$3.8 $1.9 $12.3 $5.0 FFO/shr (diluted)$0.32 $0.34 $1.02 $0.92 Net Earnings $1.6 $0.82 $5.2 $3.0 Net/shr$0.15 $0.17 $0.47 $0.63 Revenue (mln)$8.8 $14.9 $24.9 $40.0 Shares Out. (mln)----- ----- ---- ----
November 16, 2000 AMI Capital Inc. has provided a $14.9 million construction/permanent loan for a 220-unit apartment complex in suburban Denver.The loan allows for the construction of Westridge in Aurora, Colo. The complex is expected to be completed...
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$7.8 $10.6 $24.9 $32.0 FFO/shr (diluted)$0.30 $0.38 $0.93 $1.10 Net Income $2.8 $1.8 $15.6 $23.0 Net/shr$0.11 $0.07 $0.59 $0.90 Revenue (mln)$34.0 $36.7 $103.2 $109.1 Shares Out. (mln)26.7 26.1 26.7 25.5
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$24.4 $19.9 $64.5 $57.0 FFO/shr (diluted)$1.24 $1.03 $3.31 $2.96 Net Income $10.9 $8.5 $27.4 $23.6 Net/shr$0.67 $0.53 $1.70 $1.48 Revenue (mln)$44.6 $40.2 $126.2 $116.0 Shares Out. (mln)19.6 19.3 19.5 19.2
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$1.7 $1.6 $5.2 $4.6FFO/shr (diluted)$0.34 $0.32 $1.02 $0.89 Net Income $0.6 $0.5 $2.0 $1.5 Net/shr$0.12 $0.10 $0.38 $0.29 Revenue (mln)$5.9 $5.7 $17.6 $15.7 Shares Out. (mln)5.1 5.2 5.1 5.2
November 16, 2000 First Union National Bank Commercial Mortgage Trust 2000-C2ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-1187.423.5AAAAAA5.8+28 area+28SwapsA-2686.823.5AAAAAA9.7+40 area+40SwapsB55.718.625AAAA9.9+55 area+55SwapsC42.814.875AA9.9+70 area+70SwapsD17.113.375A-A-9.9+80 area+80SwapsE18.611.75BBB+BBB+9.9+110 area+115SwapsF17.110.25BBBBBB9.9+120 area+125SwapsG14.3.59BBB-BBB-9.9S+160 areaT+290--X*1,1430AAAAAA9.15+350**+365**Curve* Interest only, notional amount.** At 100 percent CPR. The junior classes were retained by First Union.Classes H, J,...
November 16, 2000 Plans for tower ditched in favor of 2 buildingsAtlanta Journal-Constitution, November 16ATLANTA – Hines has scrapped plans to building a 42-story office tower to develop two 15- to 18-story office buildings that each contain about...
November 16, 2000 WALTHAM, Mass. – Polaroid Corp. has hired Grubb & Ellis Co. to market its four-building office and manufacturing.The 536,000-square-foot complex could fetch "in excess of $100 million," Grubb & Ellis' senior vice president, Jack Kerrigan,...
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$2.2 $2.5 $6.7 $7.3 FFO/shr (diluted)$0.28 $0.38 $0.97 $1.11 Net Income (mln) $(0.2) $0.6 $0.7 $1.8 Net/shr$(0.03) $0.11 $0.12 $0.33 Revenue (mln)$5.6 $3.8 $14.5 $11.1 Shares Out. (mln)6.65.6 5.95.5
November 16, 2000 SAN MATEO, Calif. – Franklin Select Realty Trust (OTC BB:FSNR) has declared a a final liquidating distribution of $1.24 per share. The distribution will be paid on Dec. 11 to shareholders of record Dec. 1....
November 16, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$13.9 $26.2 $36.0 $81.1 FFO/shr (diluted)$0.15 $0.38 $0.35 $1.12 Net Income $(18.8) $0.5 $(57.6) $16.6 Net/shr$(0.43) $0.01 $(1.32) $0.06 Revenue (mln)$71.4 $76.9 $212.8 $230.8 Shares Out. (mln)54.4 54.2 54.3 55.6
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..