November 7, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$10.8 $11.6 $32.8 $34.5 FFO/shr (diluted)$0.36 $0.38 $1.08 $1.14 Net Income (mln) $8.6 $8.8 $25.8 $25.8 Net/shr$0.28 $0.29 $0.85 $0.85 Revenue (mln)$20.2 $19.0 $60.3 $57.0 Shares Out. (mln)30.4 30.4 30.5...

November 7, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$9.1 $8.4 $26.6 $23.7 FFO/shr (diluted)$0.54 $0.50 $1.61 $1.43 Net Income (mln) $4.9 $7.6 $17.4 $20.4 Net/shr$0.29 $0.46 $1.05 $1.23 Revenue (mln)$25.4 $24.3$74.8 $70.9 Shares Out. (mln)16.8 16.6 16.6 16.6

November 7, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$65.0 $61.3 $197.5 $182.2 FFO/shr (diluted)$0.89 $0.83 $2.70 $2.46 Extra Gain (Loss) $8.8 $----- $75.8 $----- Net Income $20.0 $32.5 $150.9 $83.3 Net/shr$0.34 $0.55 $2.50 $1.42 Revenue (mln)$143.4 $139.0 $432.3...

November 7, 2000 SAN FRANCISCO – Cisco Systems has agreed to lease a substantial chunk of land at Pacific Commons, a proposed business park in Fremont, Calif., allowing Catellus Development Corp. (NYSE:CDX) to move ahead with development.As previously...

November 7, 2000Brickman Associates and Rockwood Capital are teaming to buy the office condo above Barneys New York's flagship department store at 660 Madison Ave. for $108 million, or about $432/sf. Earlier reports said that Brickman had alone...

November 7, 2000 TORONTO – Greenwin Property Management Inc. is converting to the Realm's Newstar Real Estate Management System.Greenwin, a residential property manager in Canada, agreed in June to use the Newstar software to automate the company's daily...

November 7, 2000 ROCKVILLE, Md. – Criimi Mae Inc. (NYSE:CMM) recovered $189 million from the sale of subordinate commercial mortgage-backed securities from four transactions to ORIX Real Estate Capital Markets LLC.Criimi will use about $30 million of the...

November 7, 2000First Union National Bank has filed a term sheet related to an upcoming $1.14 billion commercial mortgage-backed securities offering it is planning with Merrill Lynch.The deal is expected to price before the end of the month.

November 7, 2000 SAN FRANCISCO – Bank of America and Prudential, which had been exploring creating their own online exchange for corporate real estate transactions, have collaborated with IBM and netStruxr to create such an application.Bank of America,...

November 7, 2000 NEW YORK – Standard & Poor's has raised its ratings on BKB Commercial Mortgage Trust's 1997-C1.S&P raised class E to single-A from double-B, class F to triple-B from single-B and class G to double-B from...

November 7, 2000 ORLANDO, Fla. – A group of lenders led by First Union has extended the maturity, to October 2003, of a $200 million unsecured credit facility to Commercial Net Lease Realty Inc. (NYSE:NNN). The amended facility...

November 7, 2000NEW YORK – Brookfield Properties Corp. (NYSE:BPO) has joined forces with three venture capital firms to fund emerging technology companies that supply telecommunications and technology-based products and services to real estate businesses and their tenants.The REIT...

November 7, 2000 Harbor Group buys two office buildingsThe Virginian-Pilot, November 7COLUMBIA, S.C. – Norfolk, Va.-based Harbor Group International LLC has acquired two office parks one in Columbia, S.C., and one in Nashville, Tenn., for $87 million. The...

November 7, 2000 (NewsTraders.com) – Boykin Lodging (NYSE:BOY) was promoted to maintain from reduce today by A.G. Edwards & Sons analyst Manuel Pyles.Pyles said his investment model predicts improved performance for the REIT'S stock, despite continued declines in...

November 7, 2000Harbor Group International LLC has acquired two office parks, one in Columbia, S.C., and one in Nashville, Tenn., for $87 million. The properties, which total 1 million square feet, were purchased from J.P. Morgan Investment Management...

November 6, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$88.3 $90.1 $256.2 $247.5 FFO/shr (diluted)$0.67 $0.66 $1.94 $1.86 Net Income $75.7 $76.8 $222.5 $212.2 Net/shr$0.37 $0.40 $1.06 $1.13 Revenue (mln)$196.0 $179.1 $560.7 $499.2 Shares Out. (mln)131.1 129.0 131.8 125.6

November 6, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$39.7 $38.4 $114.7 $99.7 FFO/shr (diluted)$0.66 $0.61 $1.95 $1.83 Net Income $23.9 $24.0 $60.9 $61.8 Net/shr$0.42 $0.40 $1.07 $1.16

November 6, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$9.0 $8.1 $26.0 $23.9 FFO/shr (diluted)$0.48 $0.45 $1.39 $1.33 Net Income$3.8 $3.1 $10.5 $9.2 Net/shr$0.28 $0.24 $0.78 $0.71 Revenue (mln)$19.7 $18.4 $58.1 $54.4 Shares Out. (mln)13.7 13.2 13.6 13.0

November 6, 2000 Special to Commercial Real Estate DirectAsset Management Consultants Inc. has purchased a two-story office building in Costa Mesa, Calif., for $7.6 million from West Airport Center LP.The building, located at 125 E. Baker St., is...

November 6, 2000 Special to Commercial Real Estate DirectNew Cities Development has purchased an Anaheim, Calif., medical office complex that it will redevelop.The Monterrey, Calif., company paid $7 million for the property, 4633 La Palma Ave., which contains...

November 6, 2000 MANHATTAN BEACH, Calif. – Center Trust Inc. (NYSE: CTA) has redeemed its $30 million of exchangeable debentures.The REIT paid par for the debt, which was slated to mature on Dec. 27, 2003.Center Trust financed the...

November 6, 2000 NEW YORK – PNC Real Estate Finance has adopted CapitalThinking Inc.'s Bluewire lending platform for its commercial mortgage origination operation.PNC becomes the second lending institution to adopt Bluewire for its lending platform. Earlier, J.P. Morgan...

November 6, 2000Fitch downgraded classes of LTC 1996-1 primarily because of the continued deterioration in the performance of the underlying properties and uncertainty regarding their future performance.A story on Nov. 3, "Fitch Downgrades LTC 1996-1 Because of Healthcare...

November 6, 2000 (NewsTraders.com) – Sutro & Co. analyst Craig Silvers said he expects shares of Catellus Development (NYSE:CDX) will rally on news that the company's Pacific Commons development could possibly be completed ahead of schedule, with networking...

November 6, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$13.7 $14.6 $42.9 $45.9 FFO/shr (diluted)$0.67 $0.66 $2.08 $2.08 Extra Gain (Loss) $1.1 $5.1 $10.5 $5.5 Net Income $1.6 $6.5 $11.5 $12.1 Net/shr$0.09 $0.34 $0.65 $0.64 Revenue (mln)$56.4 $56.5 $166.6...