May 14, 2001 Hypovereinsbank and Fleet National Bank have provided $140 million of mezzanine financing to Tishman Speyer Crown Equities for its $1.85 billion purchase of Rockefeller Center in Manhattan.The mezzanine financing is subordinate to $1.21 billion of...

May 14, 2001The Commercial Real Estate Direct Weekly CMBS Pricing Matrix has been updated.Click Here to view the latest Matrix.

May 14, 2001 Sonnenblick-Goldman Co. has hired John P. Smith, the managing director of Horwath Asia Pacific in Australia, to head its new office in Australia as a director of Sonnenblick-Goldman Asia Ltd.Smith, who has been active in...

May 14, 2001 ATLANTA - Vinings Investment Properties Trust will offer a 1-for-1000 reverse share split of both its common and series A convertible preferred shares as part of a going private transaction.The REIT owns 1,520 apartment homes...

May 14, 2001 BroadBand Office Inc., a broadband-services provider that was launched with much fanfare two years ago, has filed for Chapter 11 bankruptcy protection.A recording on the company's phone line tells customers that BroadBand Office filed for...

May 14, 2001 WASHINGTON – Prudential Mortgage Capital Co. has provided, through its PruExpress program, $15.5 million in mortgage financing for 1111 18th St., a Class-A office building in Washington, D.C.An affiliate of D.C.-based Blake Real Estate received...

May 14, 2001 Mack-Cali buys portfolio Philadelphia Business Journal MOORESTOWN, N.J. - Mack-Cali Realty Corp. has acquired 26 buildings consisting of more than 1 million square feet of flex space. The transaction was valued at between $62 million...

May 14, 2001WATCHUNG, N.J. – An affiliate of Ginsburg Development Corp. has received $53 million in construction financing from PNC Bank and Bank United.Holdings Watch LLC will use the proceeds to build the 334-unit Crystal Ridge Club at...

May 14, 2001One Telecom in Dallas sale sure sign of resilient marketDallas Business JournalDALLAS – Insignia Commercial Investments Group has sold the One Telecom building at 2600 N. Central Expwy. to Central Expressway Partners LP. Terms were not...

May 14, 2001 Busy Ratner chucking Chelsea site in ManhattanNew York PostNEW YORK – Developer Bruce Ratner has been trying to dump his Chelsea development site. Although many city builders have already run the numbers and passed, the...

May 14, 2001 Peninsula bets on high-rise housing; Glenborough joins forces for $800M condo development San Francisco Business TimesSAN FRANCISCO – Glenborough Realty Trust Inc. and Pauls Corp. plan to build 33 condo towers, consisting of 1,300 units,...

May 14, 2001 LEO Steel weighing options for Ky. facilityBusiness First of Louisville (Ky.)JEFFERSONVILLE, Ky. - LEO Inc. is planning to locate a $176 million steel operation at either Jefferson Riverport International or Clark Maritime Centre. The company...

May 14, 2001 NASHVILLE, Tenn. – Healthcare Realty Trust Inc. (NYSE:HR) has sold $300 million of unsecured 8.125 percent senior notes due May 1, 2011. Proceeds will be used to repay in full outstanding borrowings under the company's...

May 14, 2001 LEO Steel weighing options for Ky. facilityBusiness First of Louisville (Ky.)JEFFERSONVILLE, Ky. - LEO Inc. is planning to locate a $176 million steel operation at either Jefferson Riverport International or Clark Maritime Centre. The company...

May 14, 2001 KING OF PRUSSIA, Pa. – Universal Health Realty Income Trust (NYSE:UHT) has filed a shelf registration statement with the SEC, totaling $100 million. The REIT has no immediate intention of issuing any such securities.Comments? E-mail

May 14, 2001 After showing a surprising amount of restraint throughout the 1990s, developers this year are set to deliver 163.3 million square feet of speculative space, more than any year since 1985, according to Reis Inc. Construction...

May 14, 2001 Tenants are expected to lease an additional 0.6 percent of office space during the next 12 months, a much slower growth rate than the 2 percent or so of demand-growth generally forecast, according to a...

May 14, 2001 NEW YORK – W.P. Carey & Co. LLC (NYSE:WPC) acquired and leased back four facilities from Waddington North America Inc., a leading producer of plastic disposable tableware products, for about $18 million. The manufacturing facilities,...

May 14, 2001 Bandwidth company Aperian Inc. (Nasdaq:APRN) will sell the life remaining on its leases at its portfolio of five Internet Data Centers in order to get on track to profitability.The Austin, Texas, company, which last month...

May 11, 2001 NEW YORK – Brookfield Properties Corp. (NYSE:BPO) has agreed to buy a further 5.4 percent of its New York and Boston assets owned through Brookfield Financial Properties.The Toronto-based company is paying an affiliate of Citibank...

May 11, 2001 BEVERLY HILLS, Calif. – The board of directors at G&L Realty Corp. (NYSE:GLR) will sell all outstanding shares of common stock to the firm's chief executive officer and its president for $12/share.After Daniel M. Gottlieb...

May 11, 2001 1st Quarter 2001 1st Quarter 2000 Company FFO (Mln) FFO/shr (diluted) Net Income (Mln) Net Income/shr (diluted) Revenue (Mln) FFO (Mln) FFO/shr (diluted) Net Income (Mln) Net Income/shr (diluted) Revenue (Mln) Associated Estates Realty Corp....

May 11, 2001 BEVERLY HILLS, Calif. – Hilton Hotels Corp. (NYSE:HLT) has completed the sale of $400 million of seven-year senior unsecured notes.The notes – rated Baa3 by Moody's and triple-B-minus by both S&P and Fitch – carry...

May 11, 2001 An unidentified U.S.-based insurance fund has bought a turn-key office building being developed in Tokyo for about $30 million, or $655/sf.Revlon sold 2-11-16 Minami Aoyama, an 11-story, 45,800-square-foot office tower that is rising in the...

May 11, 2001 Class Amount Sub. Rate Rating S&P Rating Fitch Rating Moody's Avg. Life Price Talk Revised Talk* Priced Benchmark A-1FL 256.6 38.4 AAA AAA Aaa 4.92 +28-30 +28-29 +28 Libor A-2 74.9 38.4 AAA AAA Aaa...