January 22, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $5.9$5.6 $22.9 $21.8 FFO/shr (diluted) $0.66 $0.62 $2.54 $2.43 Net Income (Mln) $4.7 $4.0 $16.3 $14.0 Net/shr$0.52 $0.44 $1.81 $1.56 Revenue (Mln)$7.0 $6.1 $27.3$23.9 Shares Outstanding (Mln)9.0 9.0 9.0...

January 22, 2001 HOUSTON – AMLI Residential (NYSE:AML) will develop and own the AMLI at King's Harbor apartment community, in a joint venture with New York State Common Retirement Fund.The roughly $20 million project will consist of 300...

January 22, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $3.4$3.4 $13.8 $13.6 FFO/shr (diluted) $0.47 $0.48 $1.93 $1.91 Net Income (Mln) $2.0 $2.1 $8.4 $8.7 Net/shr$0.28 $0.30 $1.18 $1.22 Revenue (Mln)$5.7 $5.2 $22.7$20.3 Shares Outstanding (Mln)7.1 7.1 7.1...

January 22, 2001 LAWRENCEVILLE, Ga. – American First Mortgage Investments Inc. (NYSE:MFA) has acquired the Lealand Place Apartments for about $13 million from an Atlanta developer.Lealand Place, at 2945 Cruse Road, is a 192-unit luxury apartment complex consisting...

January 22, 2001 NEW YORK – Standard & Poor revised its outlook on HRPT Properties Trust to stable from negative. The company's other classes have been affirmed.However, S & P said its concerns include higher levels of and...

January 22, 2001MONROVIA, Calif. – Trammell Crow Co.(NYSE:TCC) has brokered two sales totaling 168,000 square feet at the Huntington Drive Tech Corridor.The Stivers Family Trust, a Pasadena-based investor/owner, purchased Huntington Oaks Office Center, an 86,000-sf four-story office building...

January 22, 2001 JACKSONVILLE, Fla. – Regency Realty Corporation (NYSE:REG) has priced a $220 million offering of senior-term notes.The 10-year notes, which mature Jan. 15, 2011, were priced to yield 7.97 percent. They were issued at 99.867 percent...

January 22, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterLa Curacao, Southern California's growing hard goods chain, has signed a 15-year lease for just over 100,000 square feet for its next store, at the Pacific Center...

January 22, 2001 RALEIGH, N.C. – Winston Hotels Inc. (NYSE:WXH) has swapped a portion of the outstanding floating rate debt on its credit line for a lower fixed rate over the next two years.Wachovia Bank NA replaced the...

January 22, 2001 26-story Bayshore project approved The Tampa Tribune, January 22HYDE PARK NORTH, Fla. – One Bayshore will proceed with a 482-apartment complex with retail and office space. The 26-story project will be located on Bayshore Boulevard...

January 22, 2001 Commercial Real Estate Direct Staff ReportAllied Capital Corp. (Nasdaq:ALLC) has filed to sell up to $310.5 million of common stock and debt securities, which will give it added firepower to buy commercial mortgage-backed securities.The Washington...

January 22, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $7.9$9.3 $37.6 $45.2 FFO/shr (diluted) $0.30 $0.34 $1.44 $1.64 Net Income (loss) (Mln) $(3.0) $(9.3) $16.6$16.7 Net/shr$(0.11)$(0.34) $0.63 $0.61 Revenue (Mln)$20.4 $20.7 $87.1 $87.7 Shares Outstanding (Mln)26.0 27.5 27.2...

January 19, 2001 DALLAS – Amresco Capital Trust (Nasdaq:AMCT) has completed the sale of its remaining three CMBS holdings for $16.5 million.The company's portfolio now consists of five mortgage loans and one equity investment in real estate. As...

January 19, 2001 Condo controversy in Mobile, Ala.Mobile Register, January 19MOBILE, Ala. – The Mobile Planning Commission has rejected a proposed $20 million, 79-unit condominium complex. Stillman D. Knight Jr. planned to build a four-story building about 90...

January 19, 2001 NASHVILLE, Tenn. – Corrections Corp. of America (NYSE:CXW) has received preliminary court approval of the revised terms to settle all outstanding stockholder litigation against the company and certain of its existing and former directors and...

January 19, 2001 Consolidated Properties Ltd. intends to sell subsidiaryPRNewswire, January 19WINNIPEG – Consolidated Properties Ltd.'s Board of Directors and Mercedes Corp. have agreed to discuss selling shares of Mercedes Corporation to a company to be incorporated by...

January 19, 2001 TORONTO – Gregory W. Sullivan will step down as executive vice president and chief financial officer of TrizecHahn, effective at the end of January.Sullivan has been commuting from Boston to the Toronto headquarters since August...

January 19, 2001 SANTA FE, N.M. – John H. Gardner Jr. has joined Thornburg Realty Advisors LLC as chief operating officer. Prior to joining Thornburg, Gardner headed Focus Capital Advisors LLC, which he formed to provide capital raising...

January 19, 2001NEW YORK – Standard & Poor's has given its double-B-minus rating to MeriStar Hospitality Operating Partnership LP's proposed $300 million senior unsecured note offering.The outlook is positive, S&P says. The deal's other classes were affirmed.The action...

January 19, 2001PITTSBURGH – The IT Group Inc. (NYSE:ITX) has agreed to sell 105 acres in Contra Costa County in northern California to Houston-based U.S. Development Group Inc. for $12 million.The closing is slated for June 30 and...

January 19, 2001 TEJON RANCH, Calif. – Tejon Ranch Co. (NYSE:TRC) today said the previously publicized offering of rights to purchase shares of its common stock has been successfully completed, and that it will be receiving $30 million...

January 19, 2001 NEW YORK – Fitch has assigned its triple-B-plus rating to Public Storage Inc.'s (NYSE: PSA) offering of $150 million of series Q cumulative preferred stock. The outlook is stable.Deals of other classes have been affirmed....

January 19, 2001 CHATTANOOGA, Tenn. – CBL & Associates Properties Inc. (NYSE:CBL) today received its shareholders' approval to proceed with buying a 23-property retail portfolio for about $1.3 billion.The REIT, which in September agreed to buy the 21...

January 18, 2001 By Brad Berton, Commercial Real Estate Direct Contributing Writer TDK USA Corp.'s semiconductor unit has purchased a 164,330-square-foot manufacturing, distribution and office facility in Anaheim, Calif., from Fujitsu Ltd.'s business communications systems for almost $12.4...

January 18, 2001 Commercial Real Estate DirectA Taiwan-based investor group operating as SY Ventures II and SY Ventures V has acquired most of the Chino Spectrum Marketplace power center in Chino, Calif. The group bought the property from...