October 17, 2000 (NewsTraders.com) – In the field of publicly traded REITs, Spieker Properties (NYSE:SPK) remains "among the top" in terms of funds from operations, or FFO, per-share growth forecasts into 2001, according to A.G. Edwards & Sons...

October 17, 2000 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterMorgan Stanley Dean Witter is launching a $500 million commercial mortgage-backed securities deal backed by five Hilton Hotels around the country.The private deal is thought to...

October 17, 2000 Metro vacancy rate ticks up in industrial real estate marketThe Atlanta Journal-Constitution, October 17ATLANTA – The area's industrial real estate market has cooled slightly during the third quarter as the addition of new space outpaced...

October 17, 2000 Boston Properties Inc., Goldman Sachs' Whitehall Street Real Estate Fund, Brookfield Properties Corp. and a Morgan Stanley Dean Witter investment fund are among the eight investor groups that have turned in offers of $2.7 billion...

October 17, 2000 SACRAMENTO, Calif. – California Public Employees' Retirement System has selected CB Richard Ellis Investors LLC to manage its $500 million Joint Real Estate and Alternative Investment Technology Program.The program calls for CalPERS to invest in...

October 17, 2000 Morgan Stanley Dean Witter Capital I Trust 2000-LIFE2ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifeSpread(BP)BenchmarkA-115916.5AAAAaa5.7+26 areaSwapsA-248016.5AAAAaa9.3+37 areaSwapsB22.9613.5AAAa29.9+52 areaSwapsC24.910.25AA29.9+67 areaSwapsD6.99.35A-A39.9+77 areaSwapsE18.756.9BBBBaa29.9+225 areaTreas.F*7.655.9BBB-Baa39.9+265 areaTreas.G*3.065.5BBB-NRNANATreas.X**765.3--AAAAaaNANATreas.* Privately placed.** Interest only, notional amount.

October 17, 2000 WASHINGTON – Lowe Enterprises Investment Management has acquired 1101 Connecticut Ave. N.W. from Endowment Realty Investors Inc. for $26.6 million on behalf of a pension fund client.The 175,000-square-foot, 12-story office building is adjacent to the...

October 16, 2000 MOON TOWNSHIP, Pa. – GMAC Commercial Mortgage Corp. has provided a $10.5 million conduit loan to Meyer Jabara Hotels for a Holiday Inn near the Pittsburgh International Airport.The fixed rate loan bears interest at 9...

October 16, 2000 NEW YORK – Fitch has assigned Global Asset Management Co. a CSS3 rating as special servicer. This is the first special servicer rating that Fitch has assigned in Japan.GAMCO's strengths include "the experience of their...

October 16, 2000 KANSAS CITY, Mo. – AMI Capital Inc. has provided two loans totaling almost $11 million for the rehabilitation of two historic buildings into loft-style apartments.Construction is scheduled for completion by March 1, 2002. Both properties...

October 16, 2000 (NewsTraders.com) – A.G. Edwards & Sons today downgraded Nationwide Health Properties (NYSE: NHP) to "accumulate" from "buy" due to price considerations and a more conservative outlook for 2001.A.G. Edwards noted that shares of the Newport...

October 16, 2000NEW YORK – Deutsche Bank has integrated its global asset securitization group – which consists of asset-backed, commercial and residential securitization – into its global credit products group.Thomas Gahan will manage the integrated effort as head...

October 16, 2000 Investcorp and Pacifica Real Estate Group have acquired two multitenant office buildings in Long Beach, Calif., for about $73.69/sf.The firms paid $9 million for 5000 and 5001 Airport Plaza Blvd., two buildings totaling 122,141 square...

October 16, 2000 Industry news: Cousins makes move for One Georgia CenterAtlanta Journal-Constitution, October 16ATLANTA – Cousins Properties has contracted to buy One Georgia Center, at West Peachtree Street and North Avenue, and the building site next to...

October 16, 2000 Weak financial results at certain public companies and violence in the Middle East led to a flight to quality among investors, which resulted in a widening spreads for corporate bonds.The commercial mortgage-backed securities market, however,...

October 16, 2000 FORT MITCHELL, KY – A team led by Edgecliff Holdings has offered to buy Lodgian Inc. (NYSE:LOD) for $5/share, or $140.5 million.The offer is 0.50/share greater than a comparable offer made by Goldman Sachs' Whitehall...

October 16, 2000 Heitman International, a subsidiary of Chicago-based Heitman Financial, has closed a $525 million fund targeting the acquisition and development of properties in Hungary, Poland and the Czech Republic.Heitman International is the asset manager of the...

October 16, 2000 NORTH MIAMI BEACH, Fla. – Equity One Inc. (NYSE:EQY) has agreed to assume the management of 29 retail properties totaling 3.6 million square feet from Centrefund Realty Corp.The properties – 12 are in Florida and...

October 16, 2000 SAN FRANCISCO – A small office building in San Francisco's South of Market area has been put on the block with a whopping asking price of $560/sf, or nearly $37 million.EGL Inc., a Houston-based air...

October 16, 2000 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has sold its five remaining Texas properties for $26.6 million.The properties, sold to undisclosed buyers, were: the Great Hills Trail building, with 83,000 sf in Austin, three...

October 16, 2000 ATLANTA – Post Properties Inc. (NYSE:PPS) has appointed its executive vice president, R. Gregory Fox, to the additional role of chief financial officer.In addition, John R. Allums has been named executive vice president of construction...

October 13, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorGruma Corp., the world's leading producer of corn flour and tortillas, has renewed and expanded its lease to 200,000 square feet of production space in Commerce, Calif.,...

October 13, 2000 Cousins to add two buildings at Cobb office parkThe Atlanta Journal Constitution, October 13 ATLANTA – Cousins Properties plans to add two 250,000-square-foot office buildings at Wildwood, its 300-acre office park at Powers Ferry and...

October 13, 2000 Equitable Life Assurance Society of the U.S. said that it has not hired Cushman & Wakefield to market for sale 1285 Avenue of the Americas in Midtown Manhattan. The insurer was responding to a report...

October 13, 2000 Transcontinental Realty Investors Inc. has purchased a four-building professional complex in Sterling, Va., for $44.9 million, or about $169/sf.The sellers of the 265,700-square-foot Countryside Commercial and Professional Center were Countryside Commercial and Professional Center LP,...