October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $97.7 $87.5 $279.3$228.9 FFO/shr (diluted)$0.57 $0.52 $1.64 $1.48 Revenue (mln)$175.8 $175.4$515.8$462.7Shares Out. (mln)178.7176.3 178.6 164.1

October 27, 2000 Banc of America Securities LLC has provided Forest City Ratner Cos. with a $200 million financing package for two newly constructed hotels in New York City.Banc of America worked with Financial Structures Ltd., a Bermuda...

October 27, 2000 (NewsTraders.com) – Friedman Billings Ramsey analyst Merrill Ross today downgraded ProLogis Trust (NYSE:PLD) to "accumulate" from "buy." The Aurora, Colo.-based REIT posted third-quarter results that were in line with the analyst's expectations, but also warned...

October 27, 2000 Standard & Poor's today lowered its ratings on two classes of Asset Securitization Corp.'s 1997-MD VII and affirmed the other classes that it rates in the series.The rating agency downgraded both class B-1 and class...

October 27, 2000First Union Securities Inc. has agreed to provide Cornerstone Realty Income Trust Inc. (NYSE:TCR) with about $140 million in secured financing.The 10-year interest-only loan will bear a fixed annual interest rate of 7.35 percent and will...

October 27, 2000 Midland Loan Services Inc. has agreed to buy Univest Financial Group LLC, a technology firm that has developed an Internet-based commercial loan-servicing software package.Terms of the deal were not disclosed.The acquisition gives Midland, a unit...

October 27, 2000 Projects underscore emergence of office market in Midtown AtlantaThe Atlanta Journal-Constitution, October 27 ATLANTA – Holder Properties has started construction on a 14-story, 400,000-square-foot office building, one of three new office projects in midtown. Scheduled...

October 27, 2000 DLJ Commercial Mortgage Corp., Series 2000-CKP1ClassAmount ($mln)Sub. Level (%)Rating FitchRating Moody'sAvg. LifePrice Talk(BP)Priced(BP)BenchMarkA-1A210.522.5AAAAaa5.7+28-29+281.-mo. LiborA-1B789.822.5AAAAaa9.6+39 area+391.-mo. LiborA-251.618.5AAAa29.8+56 area+561.-mo. LiborA-358.114AA29.8+71 area+721.-mo. LiborA-416.112.75A-A39.8+81 area+821.-mo. LiborB-116.111.5BBB+Baa19.9+220-225+230Treas.B-225.89.5BBBBaa29.9+230-235+235Treas.B-36.59BBB-Baa39.9+265-270+280Treas.X*91.8--AAAAaa--NANATreas. *Interest only, notional amount.

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $8.1 $6.6 $24.0 $21.4 FFO/shr (diluted)$0.31 $0.26 $0.92 $0.82 Extra Gain (Loss) $(.21) $------ $(.19) $------ Net Income (mln) $(3.8) $(2.6) $(7.7) $(6.7) Net/shr$NA $NA $NA $NA Revenue (mln)$40.8...

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $4.1 $4.2 $8.4 $12.5 FFO/shr (diluted)$0.44 $0.44 $0.91 $1.33 Net Income (mln) $.62 $.72 $1.4 $3.3 Net/shr$0.12 $0.14 $0.29 $0.82 Revenue (mln)$10.3 $10.3 $34.6 $33.8 Shares Out. (mln) 5.2...

October 26, 2000 O&Y Properties to begin construction of office tower in TorontoCanada News Wire, October 26TORONTO – O&Y Properties Corp. will begin construction on Nov. 2 on a 430,000-square-foot, 20-story office tower at 2 Queen St. E....

October 26, 2000 Commercial Real Estate Direct Staff ReportThe Aspen Institute is looking for an equity partner to fund the expansion of the Wye River Conference Center in Queenstown, on Maryland's eastern shore. Although it's not clear how...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $40.5 $30.1 $104.6 $84.2 FFO/shr (diluted) $0.94 $0.83 $2.66 $2.35 Net Income (mln) $14.5 $14.7 $41.0 $35.6 Net/shr$0.65 $0.72 $1.89 $1.81 Revenue (mln)$98.7 $79.2 $282.3 $218.7 Shares Out. (mln)...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $8.3 $7.5 $24.0 $21.3 FFO/shr (diluted) $0.39 $0.36 $1.14 $1.04 Extra Gain (Loss) $(.10) $(.11) $2.9 $(.75) Net Income (mln) $5.2 $3.5 $16.6 $10.9 Net/shr$0.0.25 $0.17 $0.79 $0.53 Revenue...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $3.1 $3.1 $9.1 $9.0 FFO/shr (diluted)$0.62 $0.61 $1.80 $1.80 Net Income (mln) $1.9 $1.8 $5.2 $5.1 Net/shr$0.43 $0.40 $1.19 $1.17 Revenue (mln)$5.3 $4.8 $15.6 $14.3 Shares Out. (mln) 5.1...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $25.0 $22.3 $72.9 $62.7 FFO/shr (diluted)$0.48 $0.46 $0.96 $0.99 Net Income (mln) $13.3 $12.8 $39.0 $35.7 Net/shr$0.57 $0.51 $0.33 $0.31 Revenue (mln)$55.1 $40.5 $158.1 $115.7 Shares Out. (mln) 43.8...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $11.5 $10.6 $33.3 $30.6 FFO/shr (diluted)$0.65 $0.61 $1.90 $1.78 Net Income (mln) $6.8 $6.3 $19.7 $16.8 Net/shr$0.38 $0.37 $1.12 $1.03 Revenue (mln)$24.2 $21.6 $72.1 $64.2 Shares Out. (mln) NA...

October 26, 2000Banc of America Commercial Mortgage Inc. 2000-2ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifeRevisedPriceTalk(BP)Priced(BP)BenchMarkA-1198.324AAAAaa5.75+27-29+30SwapsA-2477.124AAAAaa9.18+40 area+40SwapsB37.819.75AAAa29.56+55-57+58SwapsC24.517A+A19.63+61-63+64SwapsD17.815AA29.63+69-71+72SwapsE8.914A-A39.63+79-81+84SwapsF11.112.75BBB+Baa19.66+220-225NATreas.G17.810.75BBBBaa29.71+230-235NATreas.H11.19.5BBB-Baa39.71+265-270NATreas.X*889NAAAAAaaNANANATreas.* Interest only, notional amount.

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $33.1 $19.0 $88.3 $53.4 FFO/shr (diluted)$0.77 $0.55 $2.19 $1.76 Extra Gain (Loss) $(.45) $----- $.42 $(.45) Net Income (mln) $12.3 $5.0 $30.9 $17.2 Net/shr$0.40 $0.26 $1.10 $0.93 Revenue (mln)$82.0...

October 26, 2000 NEW YORK – Standard & Poor's has released a new quarterly report, CMBS Quarterly Insights: Looking Under the Veneer", which is available on the rating agency's Web site.Gale Scott, managing director and head of the...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $16.6 $16.4 $49.4 $48.4 FFO/shr (diluted)$0.62 $0.61 $1.85 $1.80 Net Income (mln) $9.9 $11.0 $30.8 $30.7 Net/shr$0.37 $0.41 $1.15 $1.14 Revenue (mln)$29.9 $26.9 $86.7 $75.8 Shares Out. (mln) 26.7...

October 26, 2000 INDIANAPOLIS – Dave Stockert has resigned as executive vice president of acquisitions and dispositions at Duke-Weeks Realty Corp.Howard Feinsand, executive vice president and general counsel, will assume Stockert's responsibilities for acquisitions and dispositions, while Gene...

October 26, 2000 * NOTE: The class A-1 tranche (5.8-year) was changed during marketing to fixed-rate from floating. Therefore, the price talk numbers are against Libor, while the tranche priced against swaps. Hilton Hotels Pool Trust, Series 2000-HLTClassAmount($mln)RatingMoody'sRatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-192.5AaaAAA5.8+28-30*+38SwapsA-2175AaaAAA9.9+40-43+401-mo....

October 26, 2000 Commercial Real Estate Direct Staff ReportBoston Properties (NYSE:BXP) has priced 15 million common shares at $39.0625 apiece, which would result in nearly $556 million of proceeds after underwriting fees for the Boston REIT.According to a...

October 26, 2000 OAHU, Hawaii – LaSalle Investment Management Inc. has bought Pearl Highlands Center, a shopping center on Oahu for $62.4 million in a fee-simple transaction, according to a report in the Honolulu Star-Bulletin.The Chicago-based real estate...