November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$9.0 $11.4 $29.7 $35.9 FFO/shr (diluted)$0.35 $0.42 $1.14 $1.31 Extra Gain (Loss) $1.2 $---- $1.3 $---- Net Income $10.3 $12.0 $30.8 $37.4 Net/shr$0.25 $0.30 $0.75 $0.95 Revenue (mln)$21.5 $22.8 $66.8...

November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$56.3 $49.6 $165.3 $143.1 FFO/shr (diluted)$0.75 $0.67 $2.22 $1.90 Extra Gain (Loss) $(20.2) $(21.3) $(28.0) $(49.8) Net Income $50.0 $39.4 $145.2 $116.0 Net/shr$0.60 $0.45 $1.76 $1.31 Revenue (mln)$131.7 $128.3 $407.4...

November 3, 2000Boykin Lodging Co. (NYSE:BOY) has posted third quarter fund from operations of $0.76 per share as opposed to last year's third-quarter figure of $0.81 per share. The nine months figure is $2.07 per share as compared...

November 2, 2000 CHICAGO – Equity Residential Properties Trust (NYSE:EQR) has completed its $461 million acquisition of Grove Property Trust (Amex: GVE).The merger, first agreed to this summer, adds Grove's 62 properties consisting of 7,526 units to Equity...

November 2, 2000By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterORIX Real Estate Capital Markets is expected to announce early next week that it has closed on the purchase of about $200 million of mezzanine and junior-grade...

November 2, 2000 Software maker inks $35 Mln leaseDaily Business Review, November 2FORT LAUDERDALE, Fla. – Citrix Systems Inc., a specialty software maker, has signed a 10-year, $35 million lease for the entire 138,140-square-foot Class-A Cambridge Executive Center...

November 2, 2000 U.S. firm leases space in East VancouverVancouver Sun, November 2VANCOUVER – Redback Networks Inc., a U.S. high-tech company, has signed a 10-year lease for about 42,230 square feet of office space in the $200 million...

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$78.0 $85.0 $255.3 $243.6 FFO/shr (diluted)$0.48 $0.51 $1.56 $1.48 Net Income $29.8 $38.0 $78.0 $90.9 Net/shr$0.19 $0.24 $0.49 $0.57 Revenue (mln)$282.8 $302.8 $902.2 $867.2 Shares Out. (mln)155.7 154.0 166.3 169.8

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$17.8 $16.4 $51.0 $47.2 FFO/shr (diluted)$0.72 $0.67 $2.07 $1.92 Net Income $15.2 $9.0 $57.3 $99.0 Net/shr$0.77 $0.42 $3.02 $1.18 Revenue (mln)$34.1 $33.9 $99.1 $97.3 Shares Out. (mln)NA NA NA NA

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$51.2 $45.5 $149.6 $116.2 FFO/shr (diluted)$0.65 $0.58 $1.92 $1.72 Extra Gain (Loss) $15.2 $10.1 $21.9 $10.1 Net Income $30.1 $21.5 $68.8 $44.0 Net/shr (Class B shrs)$0.53 $0.41 $1.28 $0.95 Revenue...

November 2, 2000 LOS ANGELES – Bovis Lend Lease has appointed Thomas M. Miller to principal-in-charge of the Los Angeles office.Previously, Miller was the regional director for Bovis in North Asia, where he was responsible for the company's...

November 2, 2000NEW YORK – Cendant Corp. (NYSE:CD) has agreed to acquire all of the outstanding common stock of Fairfield Communities Inc. (NYSE:FFD) for $15 per share, or about $635 million in cash and stock.Cendant, a hotel franchise...

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$14.2 $14.9 $38.5 $39.0 FFO/shr (diluted)$0.76 $0.81 $2.07 $2.13 Net Income $5.5 $7.1 $14.4 $16.6 Net/shr$0.32 $0.42 $0.83 $0.97 Hotel Revenue (mln)$81.5 $80.4 $233.2 $229.7 Shares Out. (mln)17.3 17.1 17.3...

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$79.1 $69.7 $225.0 $184.5 FFO/shr (diluted)$1.06 $0.97 $3.03 $2.80 Extra Gain (Loss) $----- $1.5 $------ $3.3 Net Income $25.2 $17.6 $69.2 $44.4 Net/shr$0.48 $0.35 $1.33 $1.01 Revenue (mln)$272.9 $226.8 $792.6...

November 2, 2000 NEW YORK – Lend Lease Real Estate Investments Inc.'s Value Enhancement Fund IV said that its pending purchase of a 30-property portfolio from American Industrial Properties (NYSE:AIP) totals more than 2.8 million square feet.The portfolio...

November 2, 2000 SOUTH PLAINFIELD, N.J. – Wells Real Estate Investment Trust has acquired a 236,710-square-foot Class-A office building for $33.7 million from a partnership formed by the Archon Group.The three-story building, at 1111 Durham Ave., is 100...

November 2, 2000 NORTHBROOK, Ill. – Grubb & Ellis Co. (NYSE:GBE) has promoted Craig Morris to president of its corporate services group.He will also spearhead the firm's global alliance with U.K.-based Knight Frank, a leading property consulting firm...

November 2, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Income $7.0 $4.6 $12.5 $6.2 Earnings/shr$0.33 $0.22 $0.60 $0.30 Revenue (mln)$326.5 $307.0 $905.3 $817.4 Shares Out. (mln)20.8 21.1 20.8 21.0

November 2, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorSouthern California's aggressive commercial property brokerage recruiting wars continue with veteran San Diego investment specialists Robert E. Hill and Stephen L. Rowland jumping from Burnham Real Estate...

November 2, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) has named interim chief financial officer John D. Harris Jr. to the position permanently.Harris, who joined JDN in 1994 as controller, took over the CFO duties in April after...

November 2, 2000 (NewsTraders.com) – General Growth Properties (NYSE:GGP) was downgraded to buy from aggressive buy today by McDonald Investments analyst Richard Moore.The analyst, who also clipped his 12-month price target to $35 from $40, said he issued...

November 2, 2000 BISCAYNE BAY, Fla. – CDC Mortgage Capital has provided $27.6 million of floating-rate financing for a 517-unit apartment complex on an island in Biscayne Bay.The complex, Treasures on the Bay, was purchased by a partnership...

November 2, 2000 CHICAGO – Banyan Strategic Realty Trust (Nasdaq:BSRTS) has entered into employment agreements with some of its key executives to ensure that they remain with the company during a possible selling process of the company. Larry...

November 2, 2000 COLUMBUS, Ohio – Petroleum Realty Investment Partners, which formed a partnership with Lehman Brothers to finance the purchase of gas station properties, provided $34 million in financing to National Petroleum for its acquisition of 96...

November 2, 2000 NEW YORK – Fitch has upgraded three classes of Morgan Stanley Capital I Inc.'s series 1995-GAL-1 and affirmed other classes it rates in the series.The $19.3 million class B was upgraded to triple-A from double-A;...