November 3, 2000 Plans for development of a new headquarters for the New York Stock Exchange across the street from the current NYSE home at 11 Wall St. could be in jeopardy, with a report that the project...

November 3, 2000TORONTO – RioCan Real Estate Investment Trust (TSE:REI_u.TO) has completed its acquisition of five shopping centers from Ivanhoe Inc. for $58.5 million in cash.The REIT expects that the five grocery-anchored shopping centers, which contain 500,000 square...

November 3, 2000 Commercial Real Estate Direct Staff ReportNorthwestern Mutual has provided a fixed-rate $55 million mortgage to refinance the Westin Building, a 34-story Class-A office building in downtown Seattle.A partnership consisting of Seattle's Clise Properties, Starwood Hotels...

November 3, 2000 Survey predicts rosy '01 for Atlanta hotelsAtlanta Journal-Constitution, November 3ATLANTA – The average daily hotel room rate has increased to $82.90 from $80.31 in 1999, according to a PKF Consulting survey of the industry. However,...

November 3, 2000 JERICHO, N.Y. – Getty Realty Corp. (NYSE:GTY), a real estate company that controls a 1,100-property gas station portfolio in the eastern United States, may soon take up REIT status. The company, which specializes in service...

November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$21.2 $19.7 $63.2 $57.6 FFO/shr (diluted)$0.66 $0.62 $1.96 $1.82 Net Income $9.1 $8.3 $27.6 $26.3 Net/shr$0.32 $0.30 $0.97 $0.93 Revenue (mln)$51.3 $48.1 $150.9 $140.6 Shares Out. (mln)32.2 31.8 32.2 31.7

November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$76.8 $68.9 $226.2 $223.1 FFO/shr (diluted)$1.15 $0.91 $3.35 $2.94 Net Income $24.2 $23.8 $1.8 $89.0 Net/shr$0.44 $0.35 $0.03 $1.30 Revenue (mln)$140.5 $124.1 $405.4 $386.2 Shares Out. (mln)54.6 68.2 56.3 68.3

November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$55.7 $51.3 $163.1 $142.4 FFO/shr (diluted)$0.99 $0.91 $2.89 $2.78 Net Income $30.4 $30.4 $90.3 $81.0 Net/shr$0.51 $0.51 $1.50 $1.51 Revenue (mln)$65.8 $62.3 $191.6 $174.6 Shares Out. (mln)56.5 56.4 56.5 51.3

November 3, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$12.4 $10.1 $29.5 $31.0 FFO/shr (diluted)$0.62 $0.57 $1.81 $1.75 Extra Gain (Loss) $(0.8) $(0.8) $(0.8) $(0.8) Net Income $4.6 $4.7 $15.1 $16.1 Net/shr$0.27 $0.26 $0.93 $0.91 Revenue (mln)$35.2 $31.52 $102.3...

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)$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 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, 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 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, 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 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 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 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...