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...

October 30, 2000 NEW YORK – Radiant Investors LLC, which has agreed to buy a portfolio of properties from First Union Real Estate Equity and Mortgage Investments (NYSE:FUR), has lined up financing allowing it to complete the $205...

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...

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 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...

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 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $39.5 $38.4 $116.4 $113.7 FFO/shr (diluted)$0.88 $0.81 $2.60 $2.37 Extra Gain (Loss) $16.4 $2.3 $18.4 $3.0 Net Income (mln) $30.5 $15.9 $58.5 $47.1 Net/shr$0.72 $0.32 $1.30 $0.94 Revenue (mln)$102.4...

October 27, 2000 Projects underscore emergence of office market in Midtown AtlantaThe Atlanta Journal-Constitution, October 27 ATLANTA – Holder Properties has started construction on a 14-story, 400,000-square-foot office building, one of three new office projects in midtown. Scheduled...

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $3.7 $3.7 $11.2 $10.6 FFO/shr (diluted)$0.60 $0.60 $1.79 $1.71 Net Income (mln) $3.0 $3.4 $9.0 $9.2 Net/shr$0.48 $0.54 $1.46 $1.49 Revenue (mln)$9.9 $8.6 $28.4 $24.5 Shares Out. (mln) 6.3...

October 27, 2000 DLJ Commercial Mortgage Corp., Series 2000-CKP1ClassAmount ($mln)Sub. Level (%)Rating FitchRating Moody'sAvg. LifePrice Talk(BP)Priced(BP)BenchMarkA-1A210.522.5AAAAaa5.7+28-29+281.-mo. LiborA-1B789.822.5AAAAaa9.6+39 area+391.-mo. LiborA-251.618.5AAAa29.8+56 area+561.-mo. LiborA-358.114AA29.8+71 area+721.-mo. LiborA-416.112.75A-A39.8+81 area+821.-mo. LiborB-116.111.5BBB+Baa19.9+220-225+230Treas.B-225.89.5BBBBaa29.9+230-235+235Treas.B-36.59BBB-Baa39.9+265-270+280Treas.X*91.8--AAAAaa--NANATreas. *Interest only, notional amount.

October 27, 2000 (NewsTraders.com) – Predicting that the strong core growth displayed by Archstone Communities Trust (NYSE:ASN) in recent quarters should continue, First Union Securities analyst Stephen Swett today upgraded the REIT to "strong buy" from "buy."Swett left...

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $8.1 $6.6 $24.0 $21.4 FFO/shr (diluted)$0.31 $0.26 $0.92 $0.82 Extra Gain (Loss) $(.21) $------ $(.19) $------ Net Income (mln) $(3.8) $(2.6) $(7.7) $(6.7) Net/shr$NA $NA $NA $NA Revenue (mln)$40.8...

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $97.7 $87.5 $279.3$228.9 FFO/shr (diluted)$0.57 $0.52 $1.64 $1.48 Revenue (mln)$175.8 $175.4$515.8$462.7Shares Out. (mln)178.7176.3 178.6 164.1

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $4.1 $4.2 $8.4 $12.5 FFO/shr (diluted)$0.44 $0.44 $0.91 $1.33 Net Income (mln) $.62 $.72 $1.4 $3.3 Net/shr$0.12 $0.14 $0.29 $0.82 Revenue (mln)$10.3 $10.3 $34.6 $33.8 Shares Out. (mln) 5.2...

October 27, 2000 (NewsTraders.com) – Friedman Billings Ramsey analyst Merrill Ross today downgraded ProLogis Trust (NYSE:PLD) to "accumulate" from "buy." The Aurora, Colo.-based REIT posted third-quarter results that were in line with the analyst's expectations, but also warned...

October 27, 2000 By Paul Gereffi, Commercial Real Estate Direct CorrespondentORLANDO, Fla. – Swerdlow Real Estate Group has obtained $26.25 million of construction financing to develop the Orlando Millennium Plaza shopping center.The 30-month construction loan is being made...

October 27, 2000 Standard & Poor's today lowered its ratings on two classes of Asset Securitization Corp.'s 1997-MD VII and affirmed the other classes that it rates in the series.The rating agency downgraded both class B-1 and class...

October 27, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $80.9 $72.1 $233.8 $211.8 FFO/shr (diluted)$0.61* $0.50 $1.66* $1.44 Net Income (mln) $115.0 $106.9 $347.1 $308.7 Net/shr$0.61 $0.50 $1.66 $1.44 Revenue (mln)$188.2 $168.9 $551.1 $493.6 Shares Out. (mln) 133...

October 27, 2000First Union Securities Inc. has agreed to provide Cornerstone Realty Income Trust Inc. (NYSE:TCR) with about $140 million in secured financing.The 10-year interest-only loan will bear a fixed annual interest rate of 7.35 percent and will...