October 30, 2001WALNUT CREEK, Calif. – Sares-Regis has purchased a 340-unit Class-B apartment complex from Ameriton Properties.Terms of the transaction were not disclosed, however, GMAC Commercial Mortgage Corp. had provided $44 million in financing and GMAC Institutional Advisors...

October 30, 2001 NEWPORT BEACH, Calif. – Water Pik Technologies Inc., the manufacturer of personal healthcare and water filtration products, has received $20.6 million of mortgage financing on four manufacturing plants from US Bancorp of Minneapolis.Water Pik had...

October 30, 2001 NEW YORK – Moody's Investors Service has upgraded J.P. Morgan Commercial Mortgage Finance Corp., 1997-C5, because its subordination levels have improved as a result of loan prepayments and amortization.The rating agency upgraded the deal's Class...

October 30, 2001 VAIL, Colo. – Vail Resorts Inc. (NYSE:MTN) has appointed Edward E. Mace as president of Rockresorts International LLC, effective immediately. The appointment follows Vail Resorts' announcement earlier this month that it will acquire a majority...

October 30, 2001 BOSTON – Boston Properties Inc. (NYSE:BXP) has secured $145.3 million in loans to refinance four properties – two each in Washington, D.C., and Boston – during the third quarter.Equitable Life Insurance provided a $30.3 million...

October 30, 2001 MOUNT POCONO, Pa. – Mount Airy Resort, a Poconos vacation destination for more than a century, closed shop yesterday.The owners of the 1,174-acre resort are considering a number of options, including repositioning the property or...

October 30, 2001 TORONTO – Retirement Residences REIT has agreed to sell 3.45 million units to a syndicate of underwriters for C$11.75 each to raise gross proceeds of C$40.5 million (US$25.7 million).The company will use the proceeds to...

October 29, 2001 Class Amount Sub. Rate (%) Rating S&P Rating Moody's Avg. Life Price Talk Benchmark A-1 57.9 14.75 AAA Aaa 3.5 +47 area Swaps A-2 200 14.75 AAA Aaa 5.7 +57 area Swaps A-3 131.2 14.75...

October 29, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterAnthracite Capital Inc. (NYSE:AHR) will offer 5 million common shares through UBS PaineWebber. Outstanding common shares would total about 40.8 million after the offering.Anthracite, a New York...

October 29, 2001 All loans are conduit-style and have been current 29 months since origination. Class Amount Sub. Rate (%) Rating S&P Rating Fitch Avg. Life Revised Price Talk Priced Benchmark A1 7.75 49.25 AAA AAA 2.7 +85...

October 29, 2001 DePfa Group is planning to sell a 3 million-square-foot portfolio of properties in Germany as part of its effort to split into two independently listed banks next year.DePfa has hired Jones Lang LaSalle to market...

October 29, 2001 Commercial Real Estate Direct Staff ReportThe City of Toronto is looking to sell Metro Hall, a 27-story office tower in downtown Toronto that is likely to fetch around C$150 million (US$95 million).The city has retained...

October 29, 2001 Apartment package on market for $57MlnThe Business Journal (Raleigh/Durham, N.C.)GARNER, N.C. – Apartment Realty Group Inc. is planning to put three Southeast apartment communities up for sale. The asking price: $57 million. Company President John...

October 29, 2001 Deutsche Telekom's Sireo Real Estate Asset Management GmbH has sold a portfolio of properties valued around $502 million as part of its commercial property divestment program.Sireo, advised by Jones Lang LaSalle, sold 27 office buildings,...

October 29, 2001 TORONTO – RioCan Real Estate Investment Trust (TSE:REI.UN) and Kimco Realty Corp. (NYSE:KIM) have purchased four grocery-anchored shopping centers in British Columbia from Schroeder Properties for C$170 million (US$108 million).RioCan and Kimco paid about C$60...

October 29, 2001GREENWICH, Conn. – Urstadt Biddle Properties Inc. (NYSE:UBP) plans to raise $44.6 million from the sale of 4.8 million shares of its class A common stock at $9.30/share.Ferris, Baker Watts Inc. is acting as lead manager...

October 29, 2001BEVERLY HILLS, Calif. – A group led by the senior managers of G&L Realty Corp. (NYSE:GLR) has increased its offer to $13/share for the shares in the healthcare REIT that it doesn't already own.The board of...

October 29, 2001 BERNARDS TOWNSHIP, N.J. – AT&T Corp. is putting its 2.7 million-square-foot operations headquarters complex in northern New Jersey up for sale.The telecommunications giant is expected to hire a sales broker for the assignment shortly.AT&T is...

October 29, 2001 DALLAS – Thomas J. Wiegand has joined Champion Partners Ltd., where as partner he will manage the firm's real estate investments while focusing on the diversified Champion Equities Fund I LP.Prior to joining Champion, Wiegand...

October 29, 2001 Clarion Partners has $1.3 billion of CMBS under management. A story published earlier today, Nystrs Increases Allocation to CMBS, Mezzanine Programs, understated the size of the company's portfolio.

October 26, 2001 Convention center delay irks hotel bossThe Vancouver SunVANCOUVER – Governments are "shortsighted" if they delay the proposed Vancouver convention center expansion because the economy has weakened, warned Alain Piallat, Marriott Lodging of Canada president. Piallat...

October 26, 2001 Class Amount Sub. Rate (%) Rating S&P Rating Moody's Rating Fitch Avg. Life Original Talk Revised Price Talk Priced Benchmark A 408.6 43 AAA Aaa AAA 1.56 +45 area +45 area +45 Libor B 43...

October 26, 2001 Class Amount Sub. Rate (%) Rating S&P Rating Moody's Avg. Life Price Talk Benchmark A-1 47.5 20.5 AAA Aaa 2.5 +43 area Swaps A-2 124.2 20.5 AAA Aaa 6.5 +56-58 Swaps A-3 681.2 20.5 AAA...

October 26, 2001 NEW YORK – Standard & Poor's has upgraded GMAC Commercial Mortgage Securities Inc., 1996-C2, because the performance of the malls underlying the collateral mortgage has improved. In addition, the pool has seen mortgage paydowns that...

October 26, 2001 The Commercial Real Estate Direct CMBS global and domestic bookrunner rankings have been updated.Click here to view global and domestic bookrunner rankings.Comments? E-mail