November 13, 2000 NEW HYDE PARK, N.Y. – Kimco Realty Corp. (NYSE:KIM) plans to expand its strategic joint venture, the Kimco Income REIT, with new equity of up to $300 million from Kimco and its institutional partners. The...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$8.7 $9.4 $25.2 $27.1 FFO/shr (diluted)$0.73 $0.76 $2.09 $2.18 Net Income $6.2 $7.7 $18.0 $19.7 Net/shr$0.46 $0.57 $1.31 $1.54 Revenue (mln)$23.5 $22.6 $67.6 $62.6 Shares Out. (mln)11,994.7 12,486.8 12.1 12.4

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$37.3 $77.7 $131.7 $194.9 FFO/shr (diluted)$0.26 $0.55 $0.93 $1.36 Net Income $(222.3) $59.4 $(303.1) $118.9 Net/shr$(1.56) $0.42 $(2.14) $0.83 Revenue (mln)$210.6 $235.7 $644.8 $702.7 Shares Out. (mln)142.1 141.1 141.6 143.4

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Income $(44.5) $8.1 $(36.7) $19.5 Net/shr$(0.71) $0.14 $(0.59) $0.33 Shares Out. (mln)62.4 61.8 62.1 61.2

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Extra Gain (Loss)$----- $1.1 $----- $----- Net Income$3.8 $4.6 $948.0 $2.5 Net/shr$0.40 $0.50 $0.10 $0.25 Revenue (mln)$75.9 $62.3 $15.5 $32.5 Shares Out. (mln)10.2 9.5 10.2 10.4

November 13, 2000 Chancellor Park Residences sold for $120 MlnSouth Florida Business Journal, November 13PALM BEACH, Fla. – CareMatrix, the Needham, Mass.-based senior housing developers, has sold its four Chancellor Park assisted living facilities in Florida to Schwartzberg...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$30.8 $35.4 $97.4 $103.3 FFO/shr (diluted)$0.26 $0.25 $1.01 $0.71 Extra Gain (Loss) $1.9 $---- $19.0 $---- Net Income $21.0 $22.6 $77.7 $65.6 Net/shr$0.26 $0.25 $1.01 $0.71 Revenue (mln)$71.4 $66.2 $211.9...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$83.0 $(5.6) $(1.9) $(3.7) FFO/shr (diluted)$0.03 $(1.25) $(0.64) $(0.81) Net Income $(1.4) $(4.3) $(6.1) $(1.9) Net/shr$(0.59) $(1.96) $(1.56) (1.68) Revenue (mln)$13.4 $8.7 $37.0 $25.5 Shares Out. (mln)2.3 3.9 2.4 3.9

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$75.0 $57.2 $232.2 $254.5 FFO/shr (diluted)$0.60 $0.43 $1.78 $1.83 Net Income $78.2 $(105.7) $155.8 $(25.5) Net/shr$0.70 $(0.88) $1.34 $(0.21) Revenue (mln)$177.1 $185.5 $528.2 $563.7 Shares Out. (mln)125.2 134.1 130.5 138.8

November 13, 2000 ATLANTA – HMI Enterprises Inc., an Atlanta apartment investor, has paid $12 million, or $35,300/unit, for Wynfield Station Apartments in DeKalb County.The fully occupied property, at 3360 Mountain Drive in Atlanta, was purchased from Wynfield...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99Net Cash Flow (mln)$3.3 $4.3 $9.5 $14.2 Net Cash/shr (diluted)$0.40 $0.41 $1.11 $1.36 Net Income $.70 $2.2 $2.2 $7.2 Net/shr$0.08 $0.21 $0.25 $0.70 Revenue (mln)$6.4 $6.9 $18.3 $23.4 Shares Out. (mln)8.3...

November 13, 2000 Go To Fitch's Presale Report.Go To S&P's Presale Report.First Union National Bank Commercial Mortgage Trust 2000-C2ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-1187.423.5AAAAAA5.8+28 areaSwapsA-2686.823.5AAAAAA9.7+40 areaSwapsB55.718.625AAAA9.9+55 areaSwapsC42.814.875AA9.9+70 areaSwapsD17.113.375A-A-9.9+80 areaSwapsE18.611.75BBB+BBB+9.9+110 areaSwapsF17.110.25BBBBBB9.9+120 areaSwapsG14.3.59BBB-BBB-9.9+160 areaSwapsX*1,1430AAAAAA9.15+350**Treas.* Interest only, notional amount.** At 100 percent CPR. Classes H,...

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$4.0 $4.2 $12.4 $12.6 FFO/shr (diluted)$2.43 $2.40 $7.29 $7.17 Net Income $.66 $1.2 $2.6 $3.6 Net/shr$0.40 $0.70 $1.55 $2.07 Revenue (mln)$17.2 $15.1 $49.5 $44.0 Shares Out. (mln)1.6 1.7 1.7 1.7

November 13, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$12.1 $9.6 $33.6 $28.5 FFO/shr (diluted)$0.82 $0.72 $2.34 $2.09 Net Income $5.6 $4.9 $15.9 $15.8 Net/shr$0.38 $0.36 $1.10 $1.16 Revenue (mln)$28.5 $22.4 $77.3 $63.0 Shares Out. (mln)14.8 13.9 14.4 13.6

November 13, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorRidge Realty Group has purchased 48 acres in Ontario, Calif., where it plans to develop a 1.1 million-square-foot speculative industrial project.Ridge principal Dennis Rice declined to disclose...

November 13, 2000 VANCOUVER – Amica Mature Lifestyles Inc. (TSE:ACC) has sold one of its senior housing complexes and is looking for joint venture partners to invest in the other properties it owns.An unidentified local apartment owner has...

November 13, 2000FFCA Secured Lending Corp., Series 2000-1ClassSub. Level(%)RatingFitchAvg.LifePriceTalk (BP)BnchMarkA-1*20.5AAA5.7+55-60SwapsA-2*20.5AAA14.6+95-100SwapsB16.5AA-18.4+255-265Treas.C13A-18.9+285-295Treas.D10.50BBB19.3+335-345Treas.E9.25BBB-NA+375 areaTreas.IONAAAANANATreas.* Insured by MBIA Insurance Corp.

November 12, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$9.9 $9.7 $34.4 $28.5 FFO/shr (diluted)$0.67 $0.66 $2.31 $1.95 Net Income $6.2 $5.1 $27.6 $15.9 Net/shr$0.36 $0.37 $1.30 $1.08 Revenue (mln)$23.7 $22.2 $75.6 $66.0 Shares Out. (mln)13.4 13.3 13.4 13.3

November 12, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$14.2 $14.1 $40.9 $39.6 FFO/shr (diluted)$0.68 $0.66 $1.95 $1.85 Extra Gain (Loss) $(2.7) $(.83) $(3.4) $(1.2) Net Income $5.3 $3.4 $10.1 $8.2 Net/shr$0.68 $0.66 $1.95 $1.85 Revenue (mln)$31.3 $27.7 $86.8...

November 12, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$4.5 $8.8 $18.5 $25.3 FFO/shr (diluted)$0.13 $0.26 $0.53 $0.74 Net Income $(4.4) $2.5 $(9.1) $7.6 Net/shr$(0.15) $0.07 $(0.32) $0.22 Revenue (mln)$21.7 $20.8 $66.9 $61.1 Shares Out. (mln)31.1 34.4 30.9 34.5

November 11, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$22.2 $20.9 $60.8 $58.6 FFO/shr (diluted)$0.75 $0.72 $2.06 $2.01 Net Income $14.8 $14.0 $39.4 $37.0 Net/shr$0.42 $0.41 $1.11 $1.04 Revenue (mln)$48.1 $44.7 $145.8 $129.5 Shares Out. (mln)29.8 29.2 29.5 29.1

November 11, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln)$192.5 $168.0 $543.1 $496.5 FFO/shr (diluted)$0.80 $0.70 $2.25 $2.08 Net Income $51.2 $51.2 $138.9 $143.8 Net/shr$0.25 $0.24 $0.69 $0.68 Revenue (mln)$493.9 $471.2 $1,459.4 $1,371.3 Shares Out. (mln)172.8 173.5 173.2 172.0

November 10, 2000 NEW YORK – Fitch is upgrading GMAC Commercial Mortgage's master servicer rating to CMS2 from CMS3 and primary servicer to CPS2 from CPS3.Fitch said the upgrades were due to technological enhancements GMAC has made to...

November 10, 2000 Post Properties Inc. (NYSE:PPS) has sold two apartment communities in Nashville, Tenn., to a life insurance company.Principal Life Insurance Co. of Des Moines, Iowa, has bought Post Hillsboro Village and Post Green Hills, which together...

November 10, 2000Mack-Cali Realty Corp. (NYSE:CLI), which recently nixed its plan to acquire Prentiss Properties Trust, is launching a massive disposition effort that the firm says will result in the sale of about $600 million of real estate...