August 9, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $11.9 mln$9.5 mln $23.4 mln $18.8 mln FFO/shr (diluted) $0.63 $0.57 $1.24 $1.12 Net Income $4.5 mln $4.7 mln $9.0 mln $10.0 mln Net/shr (diluted)$0.29 $0.29 $0.57 $0.61 Revenue$23.6 mln...

August 9, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $9.1 mln$6.8 mln $16.7 mln $13.9 mln FFO/shr (diluted) $0.26 $0.19 $0.47 $0.38 Net Income $3.0 mln $1.3 mln $4.9 mln $2.1 mln Net/shr$0.12 $0.05 $0.19 $0.08 Revenue$25.0 mln $21.9...

August 9, 2000 A Michigan-based discount card and stationery chain is preparing to auction the leaseholds on its 38 retail sites and corporate headquarters facility in a bankruptcy liquidation to be held later this month.The Half Off Card...

August 8, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $80.9 mln$80.4 mln $149.4 mln $154.2 mln FFO/shr (diluted) $1.20 $1.06 $2.20 $2.03 Net Income $(35.1) mln $34.6 mln $(22.3) mln $65.2 mln Net/shr$(0.64) $0.51 $(0.39) $0.95 Revenue$137.9 mln $135.2...

August 8, 2000 (NewsTraders.com) – Emphasizing that Equity Office Properties (NYSE: EOP) is a good choice for conservative investors, A.G. Edwards & Sons analyst Art Havener today initiated coverage of the REIT with an "accumulate" rating, estimating annual...

August 8, 2000 Wallace R. Weitz, president and sole owner of Weitz & Co., today reported a 31 percent stake in Redwood Trust (NYSE: RWT).The investment company has transferred voting rights of its 2.8 million shares to certain...

August 8, 2000 (NewsTraders.com) -- CarrAmerica Realty Corp. (NYSE:CRE) received a ratings promotion today from Legg Mason Wood Walker analyst David Fick, who upgraded the stock to "strong buy" from "buy," lifted its price target to $34 from...

August 8, 2000Three mortgages totaling $22 million were arranged via RealWebFunds.com last month, marking the on-line lender's busiest month in its 18-month history.Manulife Financial provided a San Francisco investor with $12 million for the acquisition of a four-story,...

August 8, 2000 Distribution center opponents drop federal suitAlabama Live, August 8ROBERT, La. (AP) – Opponents of a Wal-Mart Inc. distribution center here have dropped a federal suit seeking to stop construction of the $30 million project and...

CHICAGO – The operating partnership unit of Equity Office Properties Trust (NYSE:EOP) has issued $360 million of 8.10 percent senior unsecured notes through underwriters led by Banc of America Securities and Lehman Brothers.Total proceeds of the notes, which...

August 8, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $17.6 mln$12.1 mln $35.9 mln $23.8 mln FFO/shr (diluted) $0.32 $0.31 $0.63 $0.60 Net Income $2.0 mln $6.2 mln $26.6 mln $12.1 mln Net/shr$0.05 $0.16 $0.72 $0.31 Revenue$34.8 mln $26.6...

August 8, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $5.0 mln$4.5 mln $8.8 mln $8.9 mln FFO/shr (diluted) $0.52 $0.48 $0.92 $0.94Extra Gain (Loss) $1.0 mln $(.1) $1.6 mln $(.6) Net Income $5.1 mln $3.7 mln $8.6 mln $6.9...

August 8, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99FFO $20.5 mln $18.6 mln $40.2 mln $37.1 mln FFO/shr (diluted) $1.05 $0.97 $2.07 $1.93 Net Income $8.7 mln $7.7 mln $16.5 mln $15.1 mln Net/shr$0.54 $0.48 $1.03 $0.95 Revenue$42.2 mln...

August 8, 2000 Jon D. Gruber and J. Patterson McBaine are leading a group of investors that have taken a 6.61 percent stake in Redwood Property Trust (NYSE:RWT).The investors, Gruber & McBaine Capital Management LLC and Lagunitas Partners...

August 7, 2000 RFC Commercial has provided $44.6 million of fixed-rate financing for three apartment communities in Georgia and Texas that are owned by Flagship Properties.L.J. Melody arranged the financing, which is secured by 1,445 apartment units. The...

August 7, 2000 Go To S&P Presale Report. Go To Fitch Presale Report. GMAC Commercial Mortgage, Series 2000-C2ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP)BnchMarkA-1123.821.25AAAAAA5+30 area1-mo. LiborA-2485.521.25AAAAAA10+39 area1-mo. LiborB30.9517.25AAAA10+54 area1-mo. LiborC2813.6AA10+69 area1-mo. LiborD10.612.25A-A-10+79 area1-mo. LiborE19.39.75BBBBBB10+240 areaTreas.F9.7 8.5BBB-BBB-10N/ATreas.X*773.8--AAAAAA--N/A --* Interest only, notional amount.

August 7, 2000Crocker Realty likely to offer assets againThe Atlanta Journal-Constitution, August 7ATLANTA – Crocker Realty Trust's Atlanta portfolio likely will be back on the market, after MSJ Realty of Florida backed away from the deal to buy...

August 7, 2000Glick buildings bring $56 MlnThe St. Louis Business Journal, August 7 ST. LOUIS, Mo. – Jerome Glick, owner of Jerome Glick Real Estate Co., has sold two downtown telecommunication hotels for $56 million after paying $5.75...

August 7, 2000 Affiliates of a Japanese bank recovered $95 million from the sale of 14 Tokyo-area commercial properties in a sealed-bid auction conducted by Kennedy-Wilson International (Nasdaq:KWIC)."Through the sealed bid process, we were able to gain better...

August 7, 2000 KENNETT SQUARE, Pa. – ElderTrust (NYSE:ETT) has suspended its common stock dividend. In addition, the REIT said it did not meet certain requirements under two bonds payable and its credit facility, which had $39.1 million...

August 7, 2000 (NewsTraders.com) – Simon Property Group (NYSE:SPG) debuted in new brokerage coverage on Monday, with McDonald Securities initiating coverage of the Indianapolis-based REIT with a "buy" rating.In addition, McDonald analyst Richard Moore attached a 12-month price...

August 7, 2000 SAN DIEGO – Westbrook Partners, which last week exercised a change of control preference with regard to its ownership of preferred stock in Burnham Pacific Properties Inc. (NYSE:BPP) has apparently struck a deal to suspend...

August 7, 2000 HORSHAM, Pa. – GMAC Commercial Mortgage has provided $25 million of acquisition financing for an apartment complex in the Seattle suburb of Federal Way, Wash.Glen Park Associates LLC used the fixed-rate financing to buy the...

August 7, 2000 ATLANTA – A Web site that has traditionally serviced the residential broker market has recently expanded its service to commercial brokers as well.RealEstate.com has launched CommercialPlus, which provides free customized, individual Web sites that provide...

August 7, 2000 DENVER – Asset Investors Corp. (NYSE:AIC) and Commercial Assets Inc. (AMEX:CAX) are a step closer to merging their companies, now that a Delaware court has approved a settlement agreement to litigation involving the merger.On Aug....