January 12, 2001MORAGA, Calif. – The American Stock Exchange has notified Host Funding Inc. (AMEX:HFD), a real estate holding and operating enterprise, that it will delist the REIT as it no longer complies with the exchange's continued listing...

January 12, 2001 AMLI Residential Joint Venture to Develop and Own Atlanta Apartment CommunityPRNewswire, January 11ALPHARETTA, Ga. – AMLI Residential and Northwester Mutual will develop and own AMLI at Milton Park. Plans call for 461 apartment homes set...

INDIANAPOLIS – Duke-Weeks Realty Corp. (NYSE:DRE) has begun building 2.4 million square feet of new developments across the country that are 61 percent pre-leased with a budgeted cost of $150 million.About $66 million of these developments will be...

January 12, 2001 (NewsTraders.com) – Mall-focused real estate investment trusts, which are up 6.5 percent since mid-December, will continue to outperform through mid-May, a UBS Warburg analyst said today.May is an important month to mark on the calendar...

January 12, 2001LAS VEGAS – Vestin Group Inc. (Nasdaq: VSTN) has tapped NFL Hall of Fame quarterback Joe Namath to be the firm's new spokesman.Namath will soon be accompanying Vestin CEO Michael V. Shustek on a 41-city national...

January 11, 2001 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) has acquired two apartment communities for $66.9 million.Essex paid $56.8 million for The Crest at Phillips Ranch, a 501-unit community in Pomona. It paid $10.1 million...

January 11, 2001 MEMPHIS, Tenn. – Mid-America Apartment Communities Inc. (NYSE:MAA) reduced its outstanding conventional floating-rate debt by executing a $25 million five-year swap arrangement.MAA locked the rate at 6.25 percent for the next five years through a...

January 11, 2001 NEW YORK – Reaxon Net Technologies Corp., which is preparing to launch its eMortgageDesk platform during the first quarter, has adopted Commercial Real Estate Direct as its news and information source.Under the arrangement, Commercial Real...

January 11, 2001 DALLAS – Ameri-First Financial Group Inc. (OTCBB:AMFR.OB), an investment banking and trading firm, intends to sell all of its real estate holdings by selling the subsidiaries that own the 10 hotels purchased from June through...

January 11, 2001 SUNRISE, Fla. – American Classic Voyages Co., a cruise ship company, has signed a 130,000-square-foot lease in Duke-Weeks Realty Corp.'s Sawgrass Commerce Center.The 240,000-sf building will be at the corner of NW 136th Avenue and...

January 11, 2001 HOUSTON – Weingarten Realty Investors (NYSE:WRI ) purchased five properties in the last two weeks of 2000, investing about $80 million and adding over 1 million square feet to its portfolio.The purchases and new developments...

January 11, 2001 By Susanna Potter, Commercial Real Estate Direct Staff WriterSidney Fetner Associates began construction yesterday for The Victory, a 417-unit housing complex at the southwest corner of 10th Avenue and 42nd Street.Developer Hal Fetner, president of...

January 11, 2001 AUSTIN, Texas – SiteStuff Inc. has acquired RexOffice.com in a stock-for-stock exchange transaction. Financial terms of the transaction were not disclosed.Through the acquisition, Austin, Texas-based SiteStuff, a procurement site for owners and operators of commercial...

January 11, 2001 CHICAGO – Goldie B. Wolfe is resigning as executive managing director of Insignia/ESG Inc. to become a developer, the Chicago Tribune reported today.Wolfe is joining developer Millbrook Properties LLC, which is co-owned by her husband,...

January 11, 2001 BILLERICA, Mass. – A newly formed subsidiary of McCracken Financial Software Inc. has purchased all of the assets of Univest Financial Services LLC.Terms of the deal were not disclosed.The Univest name will be used by...

January 11, 2001 NEWPORT BEACH, Calif. – Health Care Property Investors Inc. (NYSE: HCP) has sold seven assisted living facilities, consisting of 774 units, for $51.6 million in two separate transactions.The facilities were sold to undisclosed operators who...

January 11, 2001McDONOUGH, Ga. – Shoptaw & Garrard, a pension fund adviser, has purchased the fully leased, 352-unit, Amber Chase Apartments for more than $22 million in this Atlanta suburb.Grubb & Ellis Co. (NYSE:GBE) represented the seller, Moore...

January 10, 2001 PARSIPPANY, N.J. – Aventis Pharmaceuticals has signed a lease for more than 400,000 square feet of office space comprising two-thirds of Bridgewater Crossing, a to-be-built office complex in Somerset County, N.J.Terms of the long-term lease...

January 10, 2001 FRISCO, Texas – A Canadian firm has paid about $16.5 million, or $152/sf, for a 108,340-square-foot office building.The Western Group bought the Comstock Tower at Stonebriar from Town & Country Development LLC.The Class-A office building...

January 10, 2001NEW YORK - CDC Mortgage Capital Inc. has provided a $10.3 million fixed-rate loan to American Financial Resource Group to finance its purchase of the First Union Building in Charleston, S.C.The fully leased 60,000-square-foot office building...

January 10, 2001 (NewsTraders.com) – Gaming concern Station Casinos (NYSE:STN), which recently closed on its purchase of Fiesta Casino Hotel, revealed in a Tuesday filing that it paid $170 million in cash for the North Las Vegas, Nev.,...

January 10, 2001 By Susanna Potter, Commercial Real Estate Direct Staff WriterPreliminary bids are due by the end of this week for a 310,800-square-foot office complex in the Westside area of Los Angeles.Developer M. David Paul's complex at...

January 10, 2001 By Sanford S. Herrick, Principal of SWH Funding Corp.SWH Funding, which is based in Hackensack, N.J., structures, funds and closes loans from $2 million to $50 million throughout the United States. It specializes in funding...

January 10, 2001 DALLAS – US Restaurant Properties Inc. (NYSE:USV) has received nearly $170 million of mortgage financing from Bank of America, allowing it to totally pay down a $119 million revolving loan and $50 million term loan.The...

January 10, 2001 SAN FERNANDO, Calif. – Clarion Partners has purchased the San Fernando Business Center , on behalf of the Clarion Properties Lion Fund from a group of funds managed by CB Richard Ellis Investors for $42...