September 15, 2000 NEW YORK – Brenda Mixson, the chief financial officer of First Union Real Estate and Mortgage Investments (NYSE:FUR), has joined CapitalThinking Inc. as executive vice president.Mixson is charged with overseeing the lending site's application servicer...

September 14, 2000 O&Y Properties to begin building in downtown in NovemberCanada News Wire, September 14TORONTO – O&Y Properties Corp. has leased 150,000 square feet, with potential for expansion to 175,000 sf, to Maritime Life Assurance Co. in...

September 14, 2000 Go To Initial Price Talk Table.Banc of America Commercial Mortgage Inc. Series 2000-1ClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifePriced(BP)BnchMarkA-1A153.226.25AaaAAA5.5+301-mo. LiborA-2A29926.25AaaAAA8.7+391-mo. LiborA-1B55.626.25AaaAAA2+321-mo. LiborA-2B38.426.25AaaAAA5.5+501-mo. LiborA-3B2026.25AaaAAA7.6+581-mo. LiborB4121Aa2AA9.05+571-mo. LiborC35.116.5A2A9.07+751-mo. LiborD11.715A3A-9.13+871-mo. LiborE27.311.5Baa2BBBNA+250Treas.F11.710Baa3BBB-NA+275Treas.X771.2NAAaaAAA--N/ATreas.

September 14, 2000 NORTHBROOK, Ill. – Heritage Property Investment Trust plans to close its merger of Bradley Real Estate Inc. (NYSE: BTR) by close of business Sept. 18.In addition, Heritage has extended until 5 pm EST on Sept....

September 14, 2000 Orlando gets Ritz-CarltonThe Orlando Sentinel, September 14ORLANDO, Fla. – Construction will being next month on a 15-story, 584-room Ritz Carlton hotel at John Young Parkway and Central Florida Parkway. The hotel is set to open...

September 14, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorSAN DIEGO - San Diego's apartment market should continue to see rents and values rise in the near-term due in part to an anticipated population increase of...

September 14, 2000 NEW YORK – First Union Real Estate Investments (NYSE:FUR) has executed a definitive agreement to sell a batch of its real estate to Radian Investors LLC for $200 million.It is still negotiating a separate $5...

September 14, 2000 Commercial Real Estate DirectARCap Investors LLC, a joint venture between REMICap of Dallas and Apollo Real Estate, has circled the junior tranches of the soon-to-be-launched J.P. Morgan Commercial Mortgage Finance Corp. 2000-C10 deal.Full marketing on...

September 13, 2000 NEW YORK – J.P. Morgan Investment Management and the New York State Teachers' Retirement System have paid $250 million for a sizable stake in Edens & Avant, a Columbia, S.C., shopping center developer. The $125...

September 13, 2000 Chase Manhattan Corp. has agreed to acquire J.P. Morgan & Co. in a stock deal valued at about $36 billion, marking another step in consolidation of the mortgage lending industry by way of merging investment...

September 13, 2000 Prison Realty gets restructuring approvalTennessean, September 13NASHVILLE, Tenn. – Prison Realty Trust has won approval for a restructuring that includes a merger with sister company Corrections Corp. of America. In addition, a federal judge has...

September 13, 2000An investment group led by Michael and Richard Kelly, principals of a San Diego mortgage-trading firm, have offered to buy Dynex Capital Inc. (NYSE:DX) in a $90 million deal.California Investment Fund, the group that the Kellys...

September 13, 2000 (NewsTraders.com) -- Hotel-Motel Management Corp. boosted its ownership stake in Buckhead America Corp. (Nasdaq:BUCK) to 12.8% through recent open market purchases, according to a regulatory filing.During the past 60 days, Hotel-Motel bought 13,730 shares, on...

September 13, 2000 DENVER – AmeriVest Properties Inc. (AMEX:AMV) has acquired three office buildings in Denver for $9.6 million, or about $68/sf.The buildings, totaling 140,670 square feet, are located at 1777, 1780 and 1805 South Bellaire St. and...

September 13, 2000 NORTH MIAMI BEACH, Fla. – Equity One Inc (NYSE:EQY) has acquired the Mariners Crossing Shopping Center in Spring Hill, Fla. for $5.5 million.The 85,507-square-foot shopping center is anchored by a 48,315 sf Kash `n Karry....

September 13, 2000 LOS ANGELES – Lowe Enterprises Investment Management Inc. has acquired Stonebridge Plaza I in Austin, Texas, on behalf of a pension fund client for an undisclosed amount. The nine-story, 193,200-square-foot office building, at 9606 North...

September 13, 2000 NORTHBROOK, Ill. – Boston-based Heritage Property Investment Trust is extending until Sept. 14 at 5 pm EST its offer to buy all outstanding units of limited partnership interest in Bradley Real Estate Inc. for $22.00...

September 13, 2000 ROCKVILLE, Md. – Cost Plus World Market has signed a lease for 16,000 square feet at Federal Realty Investment Trust's (NYSE: FRT) mixed-use development Pentagon Row in Arlington Va. The home furnishings retailer is among...

September 13, 2000 ATLANTA – Chastain Capital Corp. (OTC:CHAS) has completed the sale of its final asset, the Lakeside Plazaretail center, for $3.2 million. The sale allows the company to set its final liquidating distribution, of 53 cents/share....

September 13, 2000 JACKSON, Miss. – Parkway Properties (NYSE:PKY) has named Marshall Loeb chief financial officer, effective Nov. 1. The REIT has effectively divided the chief financial officer functions in two. Sarah P. Clark, who is relinquishing her...

September 13, 2000 Commercial Real Estate DirectFinal pricing on a $771 million commercial mortgage-backed securities deal from Banc of America is expected tomorrow, sources said.Initial price talk on the deal, Banc of America Commercial Mortgage Inc., 2000-1, was...

September 13, 2000 GMAC Commercial Mortgage and an affiliate, Newman & Associates, structured and funded $47.9 million of construction and permanent financing that will be used to construct and rehabilitate military housing at Robins Air Force Base in...

September 13, 2000 ATLANTA – Post Properties, Inc. (NYSE:PPS) has sold the Post Mark, Post Pointe, and Post Trace communities in Ridgeland, Miss to Tulsa, Okla.-based Case Ventures for $44.6 million.Post acquired the residential communities, totaling 983 units,...

September 13, 2000 OAK BROOK, Ill. – CenterPoint Properties Trust (NYSE:CNT) has sold four properties and two land parcels for $54.1 million, bringing year to date sales to $127.7 million.The four properties total 670,153 square feet and the...

September 13, 2000 MIAMI – Principal Mutual Life has sold the Universal Plaza retail center in Lauderhill to Woolbright Development for $7.63 million.Woolbright, a Boca Raton, Fla., company, will completely redevelop the property, building a 185,000-square-foot Super Target...