October 20, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $99$86 $324 $295 FFO/shr (diluted) $0.42 $0.35 $1.37 $1.21 Extra Gain (Loss) -- $4 ($3) $17Revenue (mln)$239$203$623$598

October 20, 2000 NEW YORK – Fitch has upgraded three classes of Merrill Lynch Mortgage Investor Inc.'s 1995-C1 and affirmed the other classes that it rates in the series.The $14.9 million class C was raised to triple-A from...

October 20, 2000 (NewsTraders.com) – Host Marriott Corp. (NYSE:HMT) has been upgraded to "strong buy" from "accumulate" by analyst Jim Sullivan.The analyst's upgrade comes a few days after the Bethesda, Md., hotel REIT posted strong third-quarter results, with...

October 20, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $1.6$1.3 $4.5 $4.0 FFO/shr (diluted) $0.21 $0.17 $0.61 $0.54 Net Income (mln) $0.2$0.7 $2.5 $0.8 Net/shr$0.03 $0.15 $0.51 $0.16 Revenue (mln)$4.9 $4.9 $15.1 $14.5 Shares Out. (mln)7.4 7.4 7.4...

October 20, 2000 An investment group led by Richard Abrons has taken a 9.5 percent stake in health care REIT G&L Realty Corp. (NYSE:GLR).The group bought 222,196 shares in the Beverly Hills, Calif., company, according to a Schedule...

October 20, 2000 Yesterday was a busy day for the press departments of both Lodgian Inc. and Edgecliff Holdings, an investment group headed by William Yung.Hotel owner and operator Lodgian issued a press release around 1 a.m. Thursday...

October 20, 2000 JACKSON, Miss. – Parkway Properties Inc. (NYSE:PKY) and Southeast OfficeInvest LLC, an affiliate of Investcorp International Inc., have formed a joint venture to acquire up to $100 million of office properties in the Southeast and...

October 19, 2000 FORT WORTH, Texas – Crescent Real Estate Equities Co. (NYSE:CEI) has named Kenneth S. Moczulski as chief investment officer and president of investments – effective Nov. 1. Moczulski's previous experience includes establishing Transworld Properties Inc....

October 19, 2000HOUSTON – W.P. Carey & Co. LLC (NYSE: WPC) has acquired the 52,200-square-foot corporate headquarters building of U.S. Home Corp. on behalf of Corporate Properties Associates 14 Inc., a REIT it oversees, for about $7.3 million.Under...

October 19, 2000 Morgan Stanley Dean Witter Capital I Trust 2000-LIFE2ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifePriceTalk(BP)PricedBenchmarkA-115916.5AAAAaa5.7+26 area+26SwapsA-248016.5AAAAaa9.3+37 area+40SwapsB22.9613.5AAAa29.9+52 area+55SwapsC24.910.25AA29.9+67 area+70SwapsD6.99.35A-A39.9+77 area+82SwapsE18.756.9BBBBaa29.9+225 area+225Treas.F*7.655.9BBB-Baa39.9+265 area+260Treas.G*3.065.5BBB-NRNANANATreas.X**765.3--AAAAaaNANANATreas.* Privately placed.** Interest only, notional amount.

October 19, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $18.9$17.4 $56.0 $51.8FFO/shr (diluted) $0.70 $0.65 $2.09 $1.94 Net Income (mln) $3.6$7.1$11.7$16.5Net/shr$0.16 $0.31$0.51 $0.71Revenue (mln)$59.4 $54.3 $177.3 $161.7 Shares Out. (mln)27.0 26.8 26.8 26.7

October 19, 2000 Hilton Hotels Pool Trust, Series 2000-HLTClassAmount($mln)RatingMoody'sRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-192.5AaaAAA5.8+28-301-mo. LiborA-2175AaaAAA9.9+40-431-mo. LiborB60.8AaaAA+9.9+50 area1-mo. LiborC66.8Aa2AA-9.9+70 areaSwapsD32.9A1A+9.9+80 areaSwapsE24.7A2A9.9+90 areaSwapsF46.9A3A-9.9+100 areaSwapsX*499.6AAAAaa--NANA* Notional balance. Go To Moody's Presale Report.

October 19, 2000 The Mills Corp. has paid $114 million for 46 properties triple net-leased to drugstore chain CVS Corp.On Sept. 22, Mills acquired the first 25 properties from the Wolverine Equity Co. 99J LP, and on Oct....

October 19, 2000 NEW YORK – Lexington Realty Advisors Inc., a subsidiary of Lexington Corporate Properties Trust (NYSE:LXP), has been hired to invest and manage $50 million on behalf of a private investment fund. The investment program has...

October 19, 2000 SYDNEY, Australia – With a wave of new hotels and the Olympics now over, the Sydney hotel market is expected to undergo transformation with the redevelopment of older hotels on the fringes of the city...

October 19, 2000 NEWARK, N.J. – Argus Capital Group, a unit of The Prudential Insurance Company of America, has closed a $172 million private equity fund focused on companies in Central and Eastern Europe. Argus said the fund's...

October 19, 2000DALLAS – Trammell Crow Co. (NYSE: TCC) has appointed James R. Groch, 38, as president of e-commerce and corporate development.Groch will join the company's executive committee and will have authority for the company's e-commerce strategy, as...

October 19, 2000 An investment group based in Israel said today that it has taken a 19.9 percent stake in Equity One Inc. (NYSE:EQY), just as the REIT disclosed that it is in preliminary discussions with Centrefund Realty...

October 19, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $24.9$24.9$74.7$74.2FFO/shr (diluted) $0.54 $0.54 $1.62 $1.61 Net Income (mln) $15.6$15.8 $47.8 $46.9 Net/shr$0.34 $0.34 $1.03 $1.01 Revenue (mln)$42.9 $41.5 $128.5 $121.7Shares Out. (mln)46.2 46.2 46.2 46.2

October 19, 2000 WASHINGTON, D.C. – Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM) are voluntarily adopting a series of measures that the firms hope will augment their capital bases and expand their periodic public disclosures."It is...

October 19, 2000 NEW YORK – Vornado Realty Trust (NYSE:VNO) has agreed to buy 7 W. 34th St. for about $128 million, or $284/sf.The 450,000-square-foot office building is owned by HUB Properties. The 12-story building, which was built...

October 19, 2000 WASHINGTON – Apartment building sales, long in decline, are beginning to increase and debt markets continue to favor investments in that sector, according to a survey of the National Multi Housing Council.The survey was conducted...

October 19, 2000 JACKSONVILLE, Fla. – Crocker Realty Trust has hired Koger Equity Inc. (NYSE:KE) to manage its 6.1 million-square-foot portfolio of 127 office properties in six southeast states. As a result of the management agreement, Koger Equity...

October 19, 2000 3rd-Qtr 003rd-Qtr 999-mos 009-mos 99FFO (mln) $5.8$5.4 $17.0 $16.2 FFO/shr (diluted) $0.64 $0.60 $1.88 $1.80 Net Income (mln) $3.9$2.3$11.6$10.0 Net/shr$0.43 $0.25 $1.29$1.11 Revenue (mln)$6.9$5.8$20.3$17.7Shares Out. (mln)9.0 9.0 9.0 9.0

October 19, 2000 The comment period ended last week for objections or proposed changes to new underwriter exemptions for the Employee Retirement Income Security Act that would expand the investment possibilities of non-AAA securities for some restricted investors,...