September 11, 2001One World Trade Center has now significantly collapsed as well. Unconfirmed reports are coming in also that a car bomb has exploded at one of the State Department buildings in Washington.A partial list of World Trade...

September 11, 2001 RICHMOND, Va. – United Dominion Realty Trust (NYSE:UDR) has secured a $200 million credit facility with ARCS Commercial Mortgage Co. LP.The initial funding on the Fannie Mae Delegated Underwriting and Servicing loan was $139 million....

September 11, 2001 All Center City Philadelphia buildings have been ordered evacuated by Mayor John Street.

September 11, 2001 MLP proposes $50Mln development in Memphis, Tenn.TennesseanMEMPHIS, Tenn. – A proposed $50 million development near Music Row and Vanderbilt University has begun to draw a lot of criticism and potentially strong opposition from area merchants....

September 11, 2001The Associated Press reports that authorities around the country have halted all air traffic, evacuated high-profile buildings and tightened security at strategic facilities following the attacks on the World Trade Center and the Pentagon.Most federal and...

September 11, 2001 CHICAGO – Jones Lang LaSalle Inc. (NYSE:JLL) has named Peter C. Roberts as executive vice president and chief operating officer, effective Jan. 1, 2002.In his new role, Roberts, who has been with the firm for...

September 11, 2001SAN FRANCISCO – Catellus Development Corp. (NYSE:CDX) has entered into a joint venture with AEW Capital Management, on behalf of an institutional client, to develop a $295 million mixed-use project at Mission Bay.AEW's client plans to...

September 10, 2001Commercial Real Estate Direct Staff ReportSimon Property Group Inc. (NYSE:SPG) has filed to sell up to $500 million of common stock, preferred stock, depositary shares and warrants from time to time, according to a shelf registration...

September 10, 2001WASHINGTON, D.C. – Edward I. Geisinger, 54, a veteran of the Washington, D.C., commercial real estate market, died on Sept. 3 of respiratory failure as a result of his battle with pancreatic cancer.Mr. Geisinger, a native...

September 10, 2001 Commercial Real Estate Direct Staff ReportBRE Properties Inc. (NYSE:BRE) has filed to sell up to $700 million in debt securities, preferred stock and common stock from time to time, according to a shelf registration filed...

September 10, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterL&B Realty Advisors, on behalf of the Nevada Public Employees' Retirement System, has purchased a pair of adjacent Anaheim, Calif., industrial buildings totaling 245,503 square feet for...

September 10, 2001 Commercial Real Estate Direct Staff Report.Spreads on CMBS remained flat last week.According to the Commercial Real Estate Direct CMBS Pricing Matrix – which has been updated for the week ended Sept. 7, 2001 – 10-year,...

September 10, 2001 Shareholders of Equity One Inc. (NYSE:EQY) and Centrefund Realty Corp. (TSE:CFE) have approved Equity One's deal to buy Centrefund's U.S. subsidiary in a stock-for-stock exchange valued at $280 million.Centrefund Realty (U.S.) Corp. owns 28 properties...

September 10, 2001 Class Amount Rating Moody's Rating Fitch Rating S&P Avg. Life Price Talk Benchmark A-1 22.5 Aaa AAA AAA 5.49 +28-30 Libor A-2 85.1 Aaa AAA AAA 9.8 +40-42 Libor B 4.8 Aa1 AA+ AA 9.8...

September 10, 2001 Kimco Realty Corp. (NYSE:KIM) has completed its investment in RioCan Real Estate Investment Trust (TSE:REI.UN) by buying 2.5 million special warrants from RioCan for C$10.50.The private placement, valued around US$16.9 million, results in gross proceeds...

September 10, 2001DOUGLASVILLE, Ga. – The Crestmark Apartment complex, a 334-unit Class-A property, was sold to SMF Property Acquisitions, a Denver-based limited partnership.As reported in July, Atlanta-based Roberts Realty Investors Inc. (AMEX:RPI) sold the property at 945 Crestmark...

September 10, 2001 PHILADELPHIA – Sylvan M. Cohen, who in 1960 founded one of the nation's first REITs, died Saturday at his home in Center City Philadelphia. He was 87.He was chairman of Pennsylvania Real Estate Investment Trust,...

September 10, 2001 RIVERSIDE, Calif. – Marcus & Millichap has brokered the sale of the Chicago Plaza, a 98,483-square-foot neighborhood retail center in Riverside, for $11 million.A St. Louis-based limited partnership bought the property at Chicago and University...

September 10, 2001 Industry news: South Fulton industrial project ready to startAtlanta Business ChronicleSOUTH FULTON, Ga. – Lincoln Property Co. is set to start construction on an industrial project on more than 50 acres at World Business Center,...

September 10, 2001 Ottawa attracting pension fundsOttawa Business JournalOTTAWA – About a half dozen national pension fund managers have invested in Ottawa's real estate market, raising the city as a real economic contender. The city is holding out...

September 10, 2001 NEW YORK – Fitch has upgraded class E and F in Merrill Lynch Mortgage Investors' 1994-C1.The $16 million class E was raised to triple-A from double-A, and the $10.2 million class F was raised to...

September 10, 2001 NEW YORK – Fitch has upgraded three classes in NB Commercial Mortgage's FSI deal, which has seen a 66 percent mortgage pool reduction to $25.4 million from $75.1 million. The upgraded ratings are the following:...

September 10, 2001 Commercial Real Estate DirectJ.D. Cook has joined The Staubach Co. as senior vice president in the corporate real estate firm's Los Angeles office.Cook spent most of his career at Cushman Realty Corp., managing its Century...

September 7, 2001 ARLINGTON, Va. – Peter B. McMillan, president and chief operating officer of the Mills Corp. (NYSE: MLS), has resigned to pursue other interests. Laurence Siegel, the company's chairman and chief executive officer, will assume McMillan's...

September 7, 2001 Commercial Real Estate Direct Staff ReportA total of 22 CMBS transactions contain loans on theaters run by Regal Cinemas, which plans to file for Chapter 11 bankruptcy protection. According to an analysis by Merrill Lynch,...