October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $25.0 $22.3 $72.9 $62.7 FFO/shr (diluted)$0.48 $0.46 $0.96 $0.99 Net Income (mln) $13.3 $12.8 $39.0 $35.7 Net/shr$0.57 $0.51 $0.33 $0.31 Revenue (mln)$55.1 $40.5 $158.1 $115.7 Shares Out. (mln) 43.8...

October 26, 2000 NEW YORK – Standard & Poor's has assigned its single-A rating to class A-3 of Asset Securitization Corp., 1996-D2.As of the end of September, class A-3 had an outstanding balance of $52.8 million. S&P had...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $11.5 $10.6 $33.3 $30.6 FFO/shr (diluted)$0.65 $0.61 $1.90 $1.78 Net Income (mln) $6.8 $6.3 $19.7 $16.8 Net/shr$0.38 $0.37 $1.12 $1.03 Revenue (mln)$24.2 $21.6 $72.1 $64.2 Shares Out. (mln) NA...

October 26, 2000 Commercial Real Estate Direct Staff ReportThe Aspen Institute is looking for an equity partner to fund the expansion of the Wye River Conference Center in Queenstown, on Maryland's eastern shore. Although it's not clear how...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $33.1 $19.0 $88.3 $53.4 FFO/shr (diluted)$0.77 $0.55 $2.19 $1.76 Extra Gain (Loss) $(.45) $----- $.42 $(.45) Net Income (mln) $12.3 $5.0 $30.9 $17.2 Net/shr$0.40 $0.26 $1.10 $0.93 Revenue (mln)$82.0...

October 26, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $16.6 $16.4 $49.4 $48.4 FFO/shr (diluted)$0.62 $0.61 $1.85 $1.80 Net Income (mln) $9.9 $11.0 $30.8 $30.7 Net/shr$0.37 $0.41 $1.15 $1.14 Revenue (mln)$29.9 $26.9 $86.7 $75.8 Shares Out. (mln) 26.7...

October 26, 2000 * NOTE: The class A-1 tranche (5.8-year) was changed during marketing to fixed-rate from floating. Therefore, the price talk numbers are against Libor, while the tranche priced against swaps. Hilton Hotels Pool Trust, Series 2000-HLTClassAmount($mln)RatingMoody'sRatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-192.5AaaAAA5.8+28-30*+38SwapsA-2175AaaAAA9.9+40-43+401-mo....

October 26, 2000Banc of America Commercial Mortgage Inc. 2000-2ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifeRevisedPriceTalk(BP)Priced(BP)BenchMarkA-1198.324AAAAaa5.75+27-29+30SwapsA-2477.124AAAAaa9.18+40 area+40SwapsB37.819.75AAAa29.56+55-57+58SwapsC24.517A+A19.63+61-63+64SwapsD17.815AA29.63+69-71+72SwapsE8.914A-A39.63+79-81+84SwapsF11.112.75BBB+Baa19.66+220-225NATreas.G17.810.75BBBBaa29.71+230-235NATreas.H11.19.5BBB-Baa39.71+265-270NATreas.X*889NAAAAAaaNANANATreas.* Interest only, notional amount.

October 26, 2000 OAHU, Hawaii – LaSalle Investment Management Inc. has bought Pearl Highlands Center, a shopping center on Oahu for $62.4 million in a fee-simple transaction, according to a report in the Honolulu Star-Bulletin.The Chicago-based real estate...

October 26, 2000 NEW YORK – Standard & Poor's has released a new quarterly report, CMBS Quarterly Insights: Looking Under the Veneer", which is available on the rating agency's Web site.Gale Scott, managing director and head of the...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $20.4 $21.4 $60.5 $64.7 FFO/shr (diluted) $0.63 $0.61 $1.82 $1.81 Extra Gain (Loss) $----- $.74 $(.50) $.44 Net Income (mln) $9.7 $6.6 $15.2 $23.1 Net/shr$0.33 $0.21 $0.51 $0.73 Revenue...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $11.75 $10.1 $34.2 $30.4 FFO/shr (diluted) $0.44 $0.41 $1.31 $1.21 Net Income (mln) $5.1 $6.4 $17.0 $15.6 Net/shr$0.26 $0.32 $0.85 $0.79 Revenue (mln)$20.1 $19.2 $59.8 $57.3 Shares Out. (mln)...

October 25, 2000 COSTA MESA, Calif. – WNC & Associates, which sponsors investment funds that focus on affordable housing, has just raised $33.8 million of capital that will be used to develop 380 apartment units in New York...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $20.1 $16.0 $55.6 $45.8 FFO/shr (diluted) $0.70 $0.58 $1.97 $1.68 Net Income (mln) $16.1 $8.1 $50.6 $24.7 Net/shr$0.64 $0.33 $2.05 $1.02 Revenue (mln)$47.6 $45.1 $141.0 $129.3 Shares Out. (mln)...

October 25, 2000 SAN JOSE, Calif. – Divco West has paid $33 million, or $244.70/sf, for the Mountain View Technology Park in Mountain View, Calif.The office/research and development complex contains 135,000 square feet in seven one-story buildings. Divco...

October 25, 2000 CHICAGO – Banyan Strategic Realty Trust (Nasdaq:BSRTS) is in talks to sell its entire portfolio of real estate in a deal valued at about $88 million.If the negotiations result in a definitive agreement to sell...

October 25, 2000 New hospital for N. Fulton proposedAtlanta Journal-Constitution, October 25ATLANTA – EHCA, a joint venture between HCA and Emory Healthcare, has proposed plans to build a $93 million, four-story, 272,000-square-foot hospital on 30 acres in north...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $59.4 $54.3 $174.3 $156.4 FFO/shr (diluted) $0.80 $0.74 $2.36 $2.14 Extra Gain (Loss) $----- $----- $2.1 $----- Net Income (mln) $40.1 $32.1 $117.3 $107.8 Net/shr$0.54 $0.44 $1.60 $1.49 Revenue...

October 25, 2000 BUDAPEST – The Hungarian government is looking to privatize a real estate company it owns, which controls a portfolio said to be valued at about $50 million.The company, CD Hungary Rt, owns dozens apartment buildings...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $11.2$11.8 $33.3 $34.5 FFO/shr (diluted) $0.61 $0.54 $1.77 $1.56 Net Income (mln) $27.9$8.8 $58.6 $32.9 Net/shr$1.52 $0.41 $3.12 $1.50 Rental Revenue (mln)$24.7 $22.5 $74.0 $66.1 Shares Out. (mln)18.4 21.7...

October 25, 2000 Home Properties (NYSE:HME) has acquired a 371-unit apartment complex in Elgin, Ill., for $17.5 million, or about $47,170/unit.The Rochester, N.Y., REIT assumed $10.7 million in debt and paid $6.8 million in cash for the Blackhawk...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $28.9 $27.1 $84.5 $78.0 FFO/shr (diluted) $1.07 $1.01 $3.15 $2.91 Net Income (mln) $19.9 $19.6 $59.3 $56.8 Net/shr$0.55 $0.54 $1.65 $1.57 Rental Revenue (mln)$63.6 $57.2 $184.4 $165.6 Shares Out....

October 25, 2000 BOSTON – Charter Research Corp. is providing summary reports on individual commercial mortgage-backed securities transactions on the Visible Markets Inc. bond-trading platform.The reports, which Charter calls profile reports, provide detailed collateral and deal structure information...

October 25, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $46.7 $42.6 $136.4 $127.2 FFO/shr (diluted) $0.71 $0.65 $2.08 $1.94 Net Income (mln) $23.4 $24.0 $70.1 $73.1 Net/shr$0.37 $0.38 $1.10 $1.16 Revenue (mln)$100.1 $87.4 $284.1 $251.1 Shares Out. (mln)...

October 25, 2000NEW YORK – For the fifth consecutive year, San Francisco has been named the top major U.S. market for commercial real estate investment and development by Emerging Trends in Real Estate, the annual report released by...