February 23, 2001 (NewsTraders.com) – Credit Suisse First Boston analyst Matt Dembski has issued buy ratings to Realty Income Corp. (NYSE:O) and Capital Automotive (Nasdaq:CARS).Realty Income – a triple-net-lease REIT that owns a diversified portfolio of freestanding, single-tenant,...

February 23, 2001 NEW YORK – Fitch has assigned a triple-B-minus rating to Shurgard Storage Centers Inc.'s (NYSE:SHU) recent offering of $75 million 8.75 percent series D cumulative preferred stock.Proceeds of the offering as well as cash remaining...

February 23, 2001 CHICAGO – Security Capital Group Inc. (NYSE:SCZ) expects to raise $626 million, after expenses, from the sale of up to 31.7 million shares of Archstone Communities Trust (NYSE:ASN).Security Capital has agreed to sell 25.6 million...

February 23, 2001 G-Force CDO 2001-1 Ltd. & G-Force CDO 2001-1 Corp.ClassAmount($mln)Sub. Level(%)RatingS&PRatingMoody'sAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA137.884AAAAaa6.8+60 area+60LiborB34.480AAAa28.6+85 area+85LiborC86.170AA28.9+145 area+155LiborD51.764BBBBaa27.6+325 area+325Treas.E94.753BBB-Baa37.6+450 area+465Treas.

February 23, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterThe Portland, Ore., multifamily market has pulled off a fairly dramatic turnaround and could see investment activity accelerate as rents continue to rise, according to an analysis...

February 23, 2001 NEW YORK – Fitch said it has affirmed the triple-B-plus rating for $5.8 billion of senior unsecured notes issued by Equity Office Properties' (NYSE:EOP) operating unit.The action comes on the heels of Equity Office's agreement...

February 23, 2001 Weingarten Realty Investors ? 4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $14.7 $34.3 $59.0 $76.5 FFO/shr (diluted) $1.09 $1.02 $4.24 $3.93 Net Income (Mln) $19.7 $39.3 $79.0 $96.1 Net/shr (diluted) $0.54 $1.28...

February 22, 2001 G-Force CDO 2001-1 Ltd. & G-Force CDO 2001-1 Corp.ClassAmount($mln)Sub. Level(%)RatingS&PRatingMoody'sAvg.LifePriceTalk(BP)BenchMarkA137.884AAAAaa6.8+60 areaLiborB34.480AAAa28.6+85 areaLiborC86.170AA28.9+145 areaLiborD51.764BBBBaa27.6+325 areaTreas.E94.753BBB-Baa37.6+450 areaTreas.

February 22, 2001 SACRAMENTO, Calif. – The California Public Employees' Retirement System has renewed its contract with Pension Consulting Alliance Inc./Ernst & Young/Kenneth Leventhal Real Estate Group as the pension fund's real estate consultant for one year.The Encino,...

February 22, 2001 Morgan Stanley-ING Barings Ajax-1 CDOClassAmount($mln)Sub.RateRatingS&PRatingMoody'sRatingFitchAvg.LifePricedBenchMarkA25631.7AAAAAAAAA7.9+58SwapsB3322.9NRA3A-9.8+135SwapsC509.5NRBaa3BBB-11.6+405Treas.D*5NANRNRNRNANA NA*Said to have been retained by issuer.

February 22, 2001 PARAMUS, N.J. – AmeriCold Logistics, a cold-storage company that is owned by affiliates of Vornado Realty Trust (NYSE:VNO) and Crescent Real Estate Equities Co. (NYSE:CEI), has restructured leases with the two REITs, reducing this year's...

February 22, 2001 GS Mortgage Securities Corp. II, Series 2001-LIB ClassAmount($mln)RatingFitchRatingS&PAvg.Life*PriceTalk**(BP)Priced(BP)BenchMarkA-164.3AAAAAA5+45-47+48SwapsA-2186.9AAAAAA10+58-60+65SwapsB50.75AAAA10+68-71+80SwapsC43.6AA10+83-86+95SwapsD11.5A-A-10+93-96+105SwapsE16.2BBB+BBB+10+110 area+120SwapsF17.4BBBBBB10+125 area+135SwapsG41.2BBB-BBB-10NA +260Treas.X***432AAAAAANANA NA NA* Approximate.** Represents initial price guidance. Talk was revised before final pricing, but those figures were not available. *** Notional amount, interest-only.

February 22, 2001 Post Properties Inc. and one of its limited partnerships, Post Apartment Homes, have registered to sell up to $366 million of common stock, depositary shares representing preferred stock and debt securities.SunTrust Bank is the trustee...

February 22, 2001 Planning commission OKs Bradenton, Fla., projectsBradenton (Fla.) HeraldBRADENTON, Fla. - Plans for the first phase of a $50 million neighborhood redevelopment project and an unrelated $15 million luxury apartment complex are moving ahead. The Bradenton...

February 22, 2001 NEW YORK – Cushman & Wakefield has named three senior executives to its board.The three are: Andrew L. Ghertner, who is executive director specializing in office leasing in the Southeast; Christopher J. Lowery, executive vice...

February 22, 2001 Mack-Cali ? 4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $64.5 $62.0 $262.1 $244.2 FFO/shr (diluted) $0.89 $0.85 $3.59 $3.31 Net Income (Mln) $34.4 $36.5 $185.3 $119.7 Net/shr (diluted) $0.59 $0.62 $3.10 $2.04...

February 22, 2001 Highwoods Properties   4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $64.2 $61.1 $251.4 $244.2 FFO/shr (diluted) $0.97 $0.86 $3.71 $3.45 Net Income (Mln) $34.4 $26.3 $100.9 $105.5 Net/shr (diluted) $0.59 $0.42 $1.70...

February 22, 2001 Cabot Industrial Trust   4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $25.8 $23.3 $98.7 $86.0 FFO/shr (diluted) $0.59 $0.53 $2.26 $1.97 Net Income (Mln) $16.2 $13.4 $55.2 $49.0 Net/shr (diluted) $0.40 $0.33...

February 22, 2001 NEW YORK - W.P. Carey & Co. LLC (NYSE:WPC) has closed on the sale of two facilities from the Bon-Ton Department Stores Inc. in a $12 million sale-leaseback.The facilities are leased to Bon-Ton under a...

February 22, 2001 American Land Lease ? 4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $1.9 $2.5 $8.6 $9.8 FFO/shr (diluted) $0.23 $0.38 $1.18 $1.48 Net Income (Mln) $0.27 $0.58 $0.97 $2.4 Net/shr (diluted) $0.03 $0.11...

February 21, 2001 ? 4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $18.3 $13.1 $59.3 $50.8 FFO/shr (diluted) $0.64 $0.59 $2.48 $2.30 Net Income (Mln) $8.4 $8.6 $33.8 $32.6 Net/shr (diluted) $0.31 $0.41 $1.48 $1.54 Revenue...

February 21, 2001 Developers Diversified ? 4th-Qtr 00 4th-Qtr 99 12-mos 00 12-mos 99 FFO (Mln) $31.9 $34.7 $129.3 $138.0 FFO/shr (diluted) $0.57 $0.54 $2.19 $2.05 Net Income (Mln) $23.1 $21.8 $100.8 $87.4 Net/shr (diluted) $0.30 $0.24 $1.31...

February 21, 2001 RALEIGH, N.C. – Phoenix Limited Partnership plans to put Two Hannover Square on the sales block.The 29-story, 433,900-square-foot building, which is the tallest building in the Raleigh-Durham Triangle area, is on the market for $57...

February 21, 2001 Two shareholder complaints have been filed in Los Angeles County Court seeking to stop Westfield America Inc. (NYSE:WEA) from selling to its Australian parent for $16.25/share.The U.S.-based mall REIT last week accepted the $720 million...

February 21, 2001 NEWPORT BEACH, Calif. – Health Care Property Investors Inc. (NYSE:HCP) has named C. Gregory Schonert as vice president of business development.He will help expand the company's investments in health care real estate.Previously, Schonert was the...