October 31, 2000 (NewsTraders.com) – Viewing Mission West Properties (AMEX:MSW) as the only pure-play REIT in Silicon Valley – the country's "hottest commercial market" – CIBC World Markets initiated coverage of the company with a buy rating and...

October 31, 2000 (NewsTraders.com) – Prudential Securities analyst Lou Taylor upgraded Equity Office Properties Trust (NYSE:EOP) to strong buy from accumulate today after the REIT reported in-line earnings for the third quarter.Equity Office, a Chicago-based office building owner,...

October 31, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$10.7 $10.4 $32.4 $31.7 FFO/shr (diluted)$0.31 $0.29 $0.93 $0.88 Extra Gain (Loss) $.65 $---- $3.4 $2.5 Net Earnings $6.7 $6.2 $22.3 $21.3 Net/shr$0.21 $0.19 $0.69 $0.64 Revenue (mln)$21.7 $20.8 $64.6...

October 31, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$42.4 $44.3 $133.0 $132.4 FFO/shr (diluted)$0.34 $0.36 $1.08 $1.06 Net Income $11.2 $10.4 $26.6 $52.4 Net/shr$0.11 $0.10 $0.26 $0.50 Revenue (mln)$154.6 $155.5 $463.8 $463.7 Shares Out. (mln)123.3 124.1 123.2 124.6

October 31, 2000 NEW YORK – Teachers Insurance and Annuity has sold a $487 million portfolio of commercial mortgages to Morgan Stanley Dean Witter.The portfolio, which was brokered by Jones Lang LaSalle, is comprised of loans on 18...

October 31, 2000 HORSHAM, Pa. – GMAC Commercial Mortgage has arranged three loans totaling more than $28 million for three retail properties, totaling 269,107 square feet in New England.The permanent financing includes a cross collateralization and cross default...

October 31, 2000 Greenlight Capital LLC has upped its investment in Insignia Financial Group Inc. (NYSE:IFS) to a 7.4 percent stake with control over 1.6 million shares in the firm.The investment management firm, managed by David Einhorn and...

October 30, 2000 LoopNet Inc.'s online financing arm, LoopLender, has closed 12 loans totaling $28.8 million in the last 45 days. The site reports that it has been receiving more than $500 million in online loan applications per...

October 30, 2000 TORONTO – RioCan REIT has secured new borrowings totaling C$189.6 million (US$124 million) through Commercial Mortgage Origination Co. of Canada, a unit of the Toronto Dominion Bank. CMO has, in turn, securitized these mortgages through...

October 30, 2000 NEW YORK – Standard & Poor's today revised its outlook on Mack-Cali Realty Corp. and its operating partnership to stable from negative. In June, S&P placed a negative outlook on the office REIT's ratings in...

October 30, 2000 Residential tower set for BuckheadAtlanta Business ChronicleATLANTA – Westwood Properties, along with its investor partners, plans to spend about $30 million to build an eight- to 14-story residential/retail complex at 2171 Peachtree Road. Plans call...

October 30, 2000 IRVING, Texas – FelCor Lodging Trust Inc. (NYSE:FCH) is offering up to $400 million in exchange for FelCor LP's 9.5 percent senior notes due 2008.The notes were issued and sold on Sept. 15. The outstanding...

October 30, 2000 MortgageRamp will provide a commercial loan origination platform for America's Community Bankers, an organization that represents the nation's community banks of all charter types and sizes.The agreement allows MortgageRamp to integrate its technology with ACB's...

October 30, 2000 BOSTON – State Street Corp. has contracted to use Trepp LLC's CMBS cash flow data on its online marketplace for fixed-income securities.Advanced Auctions LLC, a State Street business, has agreed to use Trepp's modeling and...

mzb 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$2.0 $2.1 $6.0 $6.5 FFO/shr (diluted)$0.35 $0.35 $1.05 $1.08 Net Income $0.57 $0.67 $1.6 $2.1 Net/shr$0.10 $0.12 $0.29 $0.36 Revenue (mln)$8.5 $8.3 $25.4 $25.2 Shares Out. (mln)7.4 7.6 7.4 7.6

October 30, 2000 CHICAGO – General Growth Properties Inc. (NYSE:GGP) and JMB Realty Corp. are leading an investment team that is trying to help reorganize Liberty House Inc., a premier department store chain in Hawaii that is operating...

October 30, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$250.2 $184.3 $649.0 $550.7 FFO/shr (diluted)$0.72 $0.63 $2.10 $1.89 Extra Gain (Loss) $(.004) $------ $.37 $.008 Net Income $130.6 $.82 $319.5 $247.8 Net/shr$0.34 $0.32 $1.18 $0.95 Revenue (mln)$641.3 $491.4 $1,607.0...

October 30, 2000NEWARK, N.J. – Prudential Mortgage Capital Co. said affiliate Prudential Securities' plans to withdraw from the institutional fixed-income business would have no effect on its real estate capital markets business."We remain committed to the capital markets...

October 30, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $9.6 $7.8 $27.7 $23.2 FFO/shr (diluted)$0.30 $0.27 $0.86 $0.79 Net Income (mln) $3.6 $4.0 $11.0 $11.1 Net/shr$0.15 $0.16 $0.43 $0.53 Revenue (mln)$28.0 $20.5 $80.3 $58.5 Shares Out. (mln) 32.0...

October 30, 2000 Can't figure all of this one out, mz 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Income (mln) $(7.4) $2.2 $(5.6) $5.8 Net/shr$(0.92) $0.27 $(0.70) $0.72 Shares Out. (mln) 8.1 8.1 8.1 8.1

October 30, 2000Fannie Mae and Freddie Mac 10-year paper tightened by three basis points last week as a result of an agreement between the two agencies and the House Banking and Financial Services Subcommittee on Capital Markets that...

October 30, 2000 Equity Office Properties Trust (NYSE:EOP) is estimating that funds from operations for this year should be in the range of $2.84-$2.86/share.The REIT, which today reported FFO of 72 cents/share for the third quarter, up from...

October 30, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$49.2 $44.1 $142.4 $127.3 FFO/shr (diluted)$0.46 $0.43 $1.34 $1.26 Extra Gain (Loss) $---- $----- $----- $(2.0) Net Income (mln) $13.3 $13.6 $43.8 $34.6 Revenue (mln)$134.6 $120.0 $392.3 $372.5 Shares Out....

October 30, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$6.7 $6.3 $20.0 $19.8 FFO/shr (diluted)$0.37 $0.34 $1.10 $1.04 Net Earnings $3.0 $2.9 $9.4 $9.3 Net/shr$0.23 $0.20 $0.68 $0.65 Revenue (mln)$14.2 $13.2 $42.6 $39.5 Shares Out. (mln)18.2 18.7 18.1 18.7

October 30, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorLayton-Belling & Associates has paid $27.7 million, or about $67.50/sf, for a 409,622-square-foot industrial park in San Diego's Kearny Mesa district.The project, at 4000 Ruffin Road, once...