January 25, 2001 INDIANAPOLIS – Simon Property Group (NYSE:SPG) and mySimon Inc. said today they plan to appeal aspects of a federal district court's ruling significantly reducing a jury award in the trademark infringement case brought by the...

January 25, 2001 Special to Commercial Real Estate DirectAn investor group identified only as a Delaware limited liability company called One Way Properties has acquired a five-story, 56,000-square-foot office building in Los Angeles' Century City high-rise district for...

January 25, 2001 (NewsTraders.com) -- Consumers aren't the only ones being hurt by the high cost of home heating, as Home Properties of New York (NYSE:HME) said that it expects a greater impact from the soaring heating prices...

January 25, 2001 NEW YORK – Yukihiro Kiriake, an executive with a Japanese investment banking boutique, has joined Sonnenblick-Goldman Co. as vice president of its Tokyo office.Sonnenblick-Goldman opened shop in Tokyo only last year in an effort to...

January 25, 2001 Plantation, Fla., approves 250-room hotel planThe Miami Herald, January 26PLANTATION, Fla. – White Lodgings Inc. is building a nine-story, 250-room Renaissance Hotel at Cornerstone, 1230 S. Pine Island Road. The hotel, located at the corner...

January 25, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterTechnicolor has leased about 33,700 square feet of office space at M. David Paul Development LLC's Media Studios North/Phase III project near Burbank, Calif.'s airport.The 10-year deal...

January 25, 2001 NEW YORK – Moody's has confirmed the ratings of three classes of Bear Stearns Commercial Mortgage Securities Inc., 1999-CLF1, which had been on the rating agency's watchlist because of the deal's exposure to properties leased...

January 25, 2001 NEW YORK – Standard & Poor's today raised its ratings on two classes of MLIC Commercial Mortgage's 1996-1.The rating agency lifted the transaction's class E to double-A from triple-B and class F to single-A from...

January 25, 2001SYRACUSE, N.Y. – The Carousel Center of Central New York will undergo a 3.2 million-square-foot expansion, which will make it the nation's largest urban shopping center and tourist destination.Pyramid Co. owns the 1.5 million-sf complex, located...

January 25, 2001 NEW YORK – Moody's has confirmed the ratings of two classes of NationsLink Funding Corp., 1999-LTL-1, which has an exposure to several tenants that have had their corporate ratings downgraded.The deal's class B was confirmed...

January 24, 2001 Morgan Stanley Dean Witter Capital I Trust 2001-PPMClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-19914.75AAAAAA3.4+27 area+30SwapsA-2269.814.75AAAAAA5.85+36 area+41SwapsA-3166.814.75AAAAAA7.3+44 area+48SwapsB15.612.25AAAA10.8+59 area+61SwapsX623.5NAAAAAAANANANASwaps

January 24, 2001BOSTON – Beacon Capital Partners Inc. has proposed redeveloping the Midway district in the Fort Point Channel section of South Boston near the Boston Convention and Exhibition Center.The investment firm turned in its $300 million development...

January 24, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterTelecommunications equipment giant Ericsson has leased 68,000 square feet of Class-A office space at a two-story building in San Diego's Sorrento Mesa submarket.Financial terms of the seven-year...

January 24, 2001 (NewsTraders.com) -- In response to numerous queries from employees, real estate services firm CB Richard Ellis Services (NYSE:CBG) today distributed an inter-office memo stating that discussions with Blum Capital Partners L.P pertaining to a proposed...

January 24, 2001 NEW YORK – Standard & Poor's has raised its ratings on six classes in J.P. Morgan Commercial Mortgage Finance Corp.'s series 1997-SPTL-C1 and affirmed one class.The rating agency raised class B to triple-A from double-A;...

January 24, 2001(NewsTraders.com) -- Home Properties of New York's (NYSE:HME) lower guidance for future funds from operations, or FFO, spurred analyst Merrill Ross to cut his ranking on the real estate investment trust Wednesday to "accumulate" from "buy."In...

January 24, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $4.7$4.5 $18.1 $17.9 FFO/shr (diluted) $0.36$0.35 $1.42 $1.41 Net Income (Mln) $0.7 $0.6 $2.3 $2.3Net/shr$0.09 $0.07 $0.29 $0.30 Revenue (Mln)$13.2 $13.0 $51.4$50.0 Shares Outstanding (Mln)8.0 7.98.0 7.9

January 24, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $54.3$49.0 $208.7$191.1FFO/shr (diluted) $0.60$0.54$2.32 $2.10 Net Income (Mln) $25.9 $52.2 $121.8 $176.1 Net/shr$0.28$0.58 $1.35 $1.94Revenue (Mln)$132.5$111.5$477.7$448.2 Shares Outstanding (Mln)84.586.384.286.3

January 24, 2001 ANN ARBOR, Mich. – Captec Net Lease Realty (Nasdaq:CRRR) has retained UBS Warburg LLC as financial adviser in connection with a possible sale of the company.UBS Warburg replaces the company's previous adviser, Prudential Securities Inc.,...

January 24, 2001 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE:CLI) said its operating partnership affiliate has sold $300 million of 10-year senior unsecured notes.The 7.75 percent notes are due Feb. 15, 2011, and are rated triple-B by Standard...

January 24, 2001 JACKSONVILLE, Fla. – Regency Realty Corp. (NYSE:REG) is changing its name to Regency Centers Corp. effective Feb. 12.After a year of analysis, the company decided that a name change would enhance its brand and position...

January 24, 2001 ORLANDO, Fla. – GE Capital Realty Group has paid $27 million for the Crossroads of Lake Buena Vista, a community shopping center in Orlando, Fla.The 147,214-square-foot shopping center was purchased from Walt Disney World Hospitality...

January 24, 2001 NEW YORK – Clarion Partners has paid $104 million, or nearly $156,000/unit, for the Jefferson at Mission Valley, a luxury rental apartment complex in San Diego.The property, which was recently finished and is being leased,...

January 24, 2001 NEW YORK – Clarion Development Ventures LP, a unit of Clarion Partners, has agreed to jointly develop with Del American Inc. 647 units of luxury rental apartments in Clearwater, Fla.The units will be housed in...

January 24, 2001(NewsTraders.com) -- In a brokerage action prompted primarily by valuation, Merrill Lynch analyst Steve Sakwa today lowered his intermediate-term rating on Kimco Realty (NYSE:KIM) to "accumulate" from "buy."The analyst, who continues to rate the stock at...