February 15, 2001 (NewsTraders.com) – A.G. Edwards & Sons analyst Art Havener today lifted his rating on Great Lakes REIT (NYSE:GL) to buy from maintain today, in a move prompted by valuation.Havener said shares of Great Lakes REIT...

February 15, 2001 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has provided a $25 million first mortgage for the refinancing of an outdoor anchored retail power center in St. Louis, Mo.The floating-rate three-year mortgage is a repositioning loan...

February 15, 2001 GREENSBORO, N.C. - Tanger Factory Outlet Centers Inc. (NYSE:SKT) has priced a $100 million offering of senior-term notes.The seven-year notes, which mature Feb. 15, 2008, were priced to yield 9.25 percent. They were issued at...

February 15, 2001 SAN FRANCISCO – AMB Property Corp. (NYSE:AMB) and the City and County of San Francisco Employees' Retirement System have teamed to invest in industrial distribution properties nationwide. The REIT and the pension fund have each...

DmEquity Residential 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $838.1$732.8 $217.8 $195.9 FFO/shr (diluted) $1.29 $1.18 $5.00$4.50 Net Income (Mln)$126.3 $107.8 $549.4 $393.9 Net/shr$0.74 $0.63 $3.34 $2.29 Revenue (Mln)$504.8$467.8$1,959.8$1,711.7 Shares Outstanding (Mln)145.7 140.1 145.6 135.7

February 14, 2001 KENNETT SQUARE, Pa. – ElderTrust (NYSE:ETT) has renegotiated two mortgage notes totaling $20 million.Under the terms of the agreements, the equity healthcare REIT has worked out new deals with its lenders that take into account...

February 14, 2001 Council clears way for $48 Mln Athens, Ala., project The Birmingham News, February 14ATHENS, Ala. - The last hurdle for development of a $48 million Athens Outlet Village has been cleared. The City Council agreed...

February 14, 2001HORSHAM, Pa. – GMAC Commercial Holding Corp. is spreading its wings in Europe. The firm has acquired UCB Healthcare Service Co., a servicer of nursing home loans that is based in Sutton, England, in the county...

February 14, 2001 WAILUKU, Hawaii – The Hawaii Land & Farming Co. Inc. has put the Kehalani Development Site, at the foothills of the West Maui Mountains, up for sale.Sealed bids are due 5 p.m. (PST) March 14....

February 14, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $53.8$45.9 $167.2 $164.3 FFO/shr (diluted) $0.90 $0.75 $2.81$2.70Net Income (Mln) $16.9 $83.9 $38.0 $110.9Net/shr$0.50 $2.00 $1.11 $2.99 Revenue (Mln)$91.6 $84.7 $320.1$327.4 Shares Outstanding (Mln)59.160.459.360.9

February 14, 2001 SAN DIEGO – Watt Commercial Properties plans to begin construction in May on an 18-story residential tower in the downtown area.The $75 million, 389-unit multifamily complex will sit on a 1.4-acre site bounded by Columbia,...

February 14, 2001 THUNDER BAY, Ontario – RioCan Real Estate Investment Trust (TSE:REI_u.TO) has completed its purchase of a 280,000-square-foot retail center for C$30.75 million (US$20.2 million).The center, which has been renamed RioCan Centre Thunder Bay, is 100...

February 14, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $6.6$6.6 $26.8 $25.5 FFO/shr (diluted) $0.61 $0.62 $2.48 $2.37 Net Income (Mln) $2.1 $3.8 $11.8 $11.8 Net/shr$0.18 $0.41 $1.34 $1.17 Revenue (Mln)$24.3 $21.6 $92.3$85.3 Shares Outstanding (Mln)12.1 12.2 12.1...

February 14, 2001 TORONTO - Brookfield Properties Corp. (NYSE:BPO) has completed its acquisition of a 50 percent interest in the Bay-Adelaide Center site in downtown Toronto from TrizecHahn Office Properties Ltd.The site consists of two prime blocks of...

February 14, 2001 WASHINGTON – Zethus Inc. has beefed up its technology team in preparation for the roll out of its Web-based commercial real estate leasing platform.In December, the Goldman Sachs company hired Mike Conger, vice president of...

February 14, 2001 NEW YORK - Standard & Poor's has assigned its triple-B-rating to Shurgard Storage Center Inc.'s $200 million senior unsecured notes due 2011.The company's triple-B senior unsecured credit rating and triple-B-minus preferred stock rating were affirmed....

February 14, 2001Go To Fitch Presale Report.Go To S&P Presale Report. Morgan Stanley Dean Witter Capital I Trust 2001-TOP1ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-16515AAAAAA3.4+30 areaSwapsA-2203.515AAAAAA5.7+39-40SwapsA-3138.515AAAAAA6.8+43-44SwapsA-4575.915AAAAAA9.65+46-47SwapsB34.712AAAA9.89+62-63SwapsC31.89.25AA9.93+80-82SwapsD11.58.25A-A-9.98+91-93SwapsE27.45.88BBBNR9.98+125 areaSwapsF10.25BBB-NR10+275Treas.X-1*50--AAAAAA--+475Treas.X-2*46.6--AAAAAA--+195Treas.* Notional amount, interest only.

February 14, 2001  1st-Qtr 20011st-Qtr 2000Net/shr $0.43$0.25Net Income (Mln)$3.1$1.8Revenue (Mln)$4.5$2.3

February 14, 2001 NEW YORK – First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) will hold a special meeting of shareholders on March 6 to vote on the company's contract to sell most of its real estate...

February 14, 2001 SAN FRANCISCO – PMI Mortgage Insurance Co. has promoted Janet Parker to senior vice president of risk management.Previously, she was vice president of field operations. Parker joined the company in 1983 as national underwriting manager...

February 13, 2001 CLEVELAND – Martin J. Cleary will retire on March 31 as president and chief operating officer of the Richard E. Jacobs Group.Cleary, 65, has served as president and COO since joining the commercial real estate...

February 13, 2001 Bear Stearns Mortgage Securities Inc., 2001-EPRClassAmount($mln)Rating S&PRating Moody'sAvg. LifePrice Talk (bp) 2/6/01Revised Talk (bp) 2/8/01Final Pricing (bp) 2/9/01Bench-markA63.5AAAAaa5+75-80+85 area+87SwapsB11.7AAAa25+105-110+115 area+115SwapsC12.5AA25+140 area+145 area+145SwapsD4.6A-A35+160 area+160 area+160SwapsE7.5BBBBaa25+365+365 area+3655-yr Treas.F3.8BBB-Baa35+450+450 area+4505-yr Treas.

February 13, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $59.9$54.6 $234.2 $211.0 FFO/shr (diluted) $0.81 $0.75 $3.17 $2.89 Net Income (Mln) $42.0 $33.6 $159.3 $141.3 Net/shr$0.57 $0.46 $2.17 $1.95 Revenue (Mln)$138.1 $124.8 $533.0$472.5 Shares Outstanding (Mln)76.9 76.5 76.6...

February 13, 2001 Centrefund buys shopping center in BramptonCanada Newswire, February 13BRAMPTON, Ontario - Centrefund Realty Corp. has purchased a 290,000-square-foot shopping center on the southeast corner of Highway No. 7 and Highway No. 10 for C$40.8 million...

February 13, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $16.0$15.6 $64.1 $61.3 FFO/shr (diluted) $0.80 $0.76 $3.19 $2.99 Net Income (Mln) $7.5 $8.0 $33.3 $29.1 Net/shr$0.43 $0.46 $1.91 $1.68 Revenue (Mln)$37.4 $35.1 $146.5$135.0 Shares Outstanding (Mln)17.3 17.3 17.3...