November 13, 2000 Special to Commercial Real Estate DirectInsignia/ESG has brokered more than $160 million of office leases in Orange County, Calif.The three major deals that Insignia recently handled:– Global Center, a provider of Web hosting and infrastructure...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$30.8 $35.4 $97.4 $103.3 FFO/shr (diluted)$0.26 $0.25 $1.01 $0.71 Extra Gain (Loss) $1.9 $---- $19.0 $---- Net Income $21.0 $22.6 $77.7 $65.6 Net/shr$0.26 $0.25 $1.01 $0.71 Revenue (mln)$71.4 $66.2 $211.9...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$8.7 $9.4 $25.2 $27.1 FFO/shr (diluted)$0.73 $0.76 $2.09 $2.18 Net Income $6.2 $7.7 $18.0 $19.7 Net/shr$0.46 $0.57 $1.31 $1.54 Revenue (mln)$23.5 $22.6 $67.6 $62.6 Shares Out. (mln)11,994.7 12,486.8 12.1 12.4

November 13, 2000 ATLANTA – HMI Enterprises Inc., an Atlanta apartment investor, has paid $12 million, or $35,300/unit, for Wynfield Station Apartments in DeKalb County.The fully occupied property, at 3360 Mountain Drive in Atlanta, was purchased from Wynfield...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$37.3 $77.7 $131.7 $194.9 FFO/shr (diluted)$0.26 $0.55 $0.93 $1.36 Net Income $(222.3) $59.4 $(303.1) $118.9 Net/shr$(1.56) $0.42 $(2.14) $0.83 Revenue (mln)$210.6 $235.7 $644.8 $702.7 Shares Out. (mln)142.1 141.1 141.6 143.4

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Cash Flow (mln)$3.3 $4.3 $9.5 $14.2 Net Cash/shr (diluted)$0.40 $0.41 $1.11 $1.36 Net Income $.70 $2.2 $2.2 $7.2 Net/shr$0.08 $0.21 $0.25 $0.70 Revenue (mln)$6.4 $6.9 $18.3 $23.4 Shares Out. (mln)8.3...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Extra Gain (Loss)$----- $1.1 $----- $----- Net Income$3.8 $4.6 $948.0 $2.5 Net/shr$0.40 $0.50 $0.10 $0.25 Revenue (mln)$75.9 $62.3 $15.5 $32.5 Shares Out. (mln)10.2 9.5 10.2 10.4

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$4.0 $4.2 $12.4 $12.6 FFO/shr (diluted)$2.43 $2.40 $7.29 $7.17 Net Income $.66 $1.2 $2.6 $3.6 Net/shr$0.40 $0.70 $1.55 $2.07 Revenue (mln)$17.2 $15.1 $49.5 $44.0 Shares Out. (mln)1.6 1.7 1.7 1.7

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$83.0 $(5.6) $(1.9) $(3.7) FFO/shr (diluted)$0.03 $(1.25) $(0.64) $(0.81) Net Income $(1.4) $(4.3) $(6.1) $(1.9) Net/shr$(0.59) $(1.96) $(1.56) (1.68) Revenue (mln)$13.4 $8.7 $37.0 $25.5 Shares Out. (mln)2.3 3.9 2.4 3.9

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$12.1 $9.6 $33.6 $28.5 FFO/shr (diluted)$0.82 $0.72 $2.34 $2.09 Net Income $5.6 $4.9 $15.9 $15.8 Net/shr$0.38 $0.36 $1.10 $1.16 Revenue (mln)$28.5 $22.4 $77.3 $63.0 Shares Out. (mln)14.8 13.9 14.4 13.6

November 13, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorRidge Realty Group has purchased 48 acres in Ontario, Calif., where it plans to develop a 1.1 million-square-foot speculative industrial project.Ridge principal Dennis Rice declined to disclose...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$1.2 $1.0 $3.4 $2.8 FFO/shr (diluted)$0.40 $0.35 $1.14 $0.94 Net Income $1.1 $1.1 $3.4 $3.9 Net/shr$0.47 $0.40 $1.31 $1.08 Revenue (mln)$3.4 $2.4 $9.2 $7.8 Shares Out. (mln)3.0 3.0 3.0 3.0

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Income $(44.5) $8.1 $(36.7) $19.5 Net/shr$(0.71) $0.14 $(0.59) $0.33 Shares Out. (mln)62.4 61.8 62.1 61.2

November 13, 2000 Chancellor Park Residences sold for $120 MlnSouth Florida Business Journal, November 13PALM BEACH, Fla. – CareMatrix, the Needham, Mass.-based senior housing developers, has sold its four Chancellor Park assisted living facilities in Florida to Schwartzberg...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$75.0 $57.2 $232.2 $254.5 FFO/shr (diluted)$0.60 $0.43 $1.78 $1.83 Net Income $78.2 $(105.7) $155.8 $(25.5) Net/shr$0.70 $(0.88) $1.34 $(0.21) Revenue (mln)$177.1 $185.5 $528.2 $563.7 Shares Out. (mln)125.2 134.1 130.5 138.8

November 13, 2000 Go To Fitch's Presale Report.Go To S&P's Presale Report.First Union National Bank Commercial Mortgage Trust 2000-C2ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-1187.423.5AAAAAA5.8+28 areaSwapsA-2686.823.5AAAAAA9.7+40 areaSwapsB55.718.625AAAA9.9+55 areaSwapsC42.814.875AA9.9+70 areaSwapsD17.113.375A-A-9.9+80 areaSwapsE18.611.75BBB+BBB+9.9+110 areaSwapsF17.110.25BBBBBB9.9+120 areaSwapsG14.3.59BBB-BBB-9.9+160 areaSwapsX*1,1430AAAAAA9.15+350**Treas.* Interest only, notional amount.** At 100 percent CPR. Classes H,...

November 13, 2000FFCA Secured Lending Corp., Series 2000-1ClassSub. Level(%)RatingFitchAvg.LifePriceTalk (BP)BnchMarkA-1*20.5AAA5.7+55-60SwapsA-2*20.5AAA14.6+95-100SwapsB16.5AA-18.4+255-265Treas.C13A-18.9+285-295Treas.D10.50BBB19.3+335-345Treas.E9.25BBB-NA+375 areaTreas.IONAAAANANATreas.* Insured by MBIA Insurance Corp.

November 13, 2000 Office space market in 'crisis'Ottawa Citizen, November 13OTTAWA – The office vacancy rate in Ottawa is 2.3 percent. A new study by Royal LePage says that, because of ongoing growth in the high-tech sector, Ottawa-area...

November 13, 2000 NEW YORK – CDC Mortgage Capital has provided $61 million of floating-rate financing for 30 Broad St., a 430,000-square-foot office building in downtown Manhattan that houses the New York Stock Exchange.The 49-story office building is...

November 13, 2000 Special to Commercial Real Estate DirectJohn B. Coppedge III, executive managing director of international services at Cushman & Wakefield, has been promoted again to executive vice president, international operations.In his new post, Coppedge will direct...

November 13, 2000 NEWARK, N.J. – A U.S. Bankruptcy Court judge in Newark has approved The Grand Union Co.'s (Nasdaq:GUCO) retention of Excess Space Disposition Inc. as a consultant on real estate issues. The Lake Success, N.Y.-based firm...

November 13, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) has struck a deal with its lending group that effectively lowers the rate by 25 basis points on a $175 million line of credit and $100 million term loan.Effective...

November 13, 2000 NEW HYDE PARK, N.Y. – Kimco Realty Corp. (NYSE:KIM) plans to expand its strategic joint venture, the Kimco Income REIT, with new equity of up to $300 million from Kimco and its institutional partners. The...

November 13, 2000 LNR Property Corp. has received $34 million of financing from American General Life for One Hanover Square in Raleigh, N.C. Holly Minter and Tom Melody of L.J. Melody & Co. in Houston arranged the loan....

November 13, 2000 KANSAS CITY, Mo. – Fannie Mae has provided a $4 million fixed-rate mortgage for the conversion of a downtown historic building into loft-style apartments.The 79,778-square-foot, 48-unit House Loft Apartments, which qualified for federal and state...