May 19, 2000 1st-Qtr 001st-Qtr 99FFO (loss) $(1.6 mln)$0.2 mln FFO/shr (diluted) $(0.04) $0.01 Extra Gain (Loss) $(3.1 mln) $ -- Net Income (loss) $(7.7 mln) $(5.6 mln) Net/shr (loss)$(0.18) $(0.18) Revenue$18.4 mln $34.7 mln Shares Outstanding42.5 mln...

May 19, 2000 1st-Qtr 001st-Qtr 99Extra Gain (Loss) $1 mln $1.9 mln Net Income $14.7 mln $16.2 mln Net/shr$0.23 $0.26 Revenue$75.4 mln $69.5 mln Shares outst.57.1 mln 54.9 mln

May 19, 2000 DENVER – EquityCity, a Web site that helps match property owners and developers with equity sources, has named four members to its advisory board.The four are: Stephen M. Ross, chairman and chief executive of The...

May 19, 2000 WESTPORT, Conn. –Devnet LLC, a provider of carrier-neutral telecommunications access infrastructures to commercial office properties, and The Johnston Group, a real estate services firm based in California, have established a joint venture with plans to...

May 18, 2000 NEW YORK – As part of its plans for North American expansion, OnSite Access Inc., a building-centric integrated communications provider, has appointed an 18-year veteran of Canada's communications industry as president & general manager of...

May 18, 2000 1st-Qtr 001st-Qtr 99FFO $36.7 mln$23.4 mln FFO/shr (diluted) $0.61 $0.57 Net Income $21.6 mln $13.5 mln Net/shr$0.38 $0.34 Revenue$74.2 mln $44.4 mln Shares outst.60.1 mln (0.4 mln)

May 18, 2000 SC-U.S. Realty (NYSE: RTY) has purchased 11 parking properties in five cities from Equity Office Properties Trust (NYSE: EOP) through its private strategic real estate investment trust, Urban Growth Property Trust.The price tag for the...

May 18, 2000 NORTHBROOK, Ill. – Grubb & Ellis Co. (NYSE: GBE) has entered into an affiliation with Commercial Kentucky Inc. of Louisville, Ky.The new entity will be known as Grubb & Ellis|Commercial Kentucky. Commercial Kentucky was founded...

May 18, 2000 1st-Qtr 001st-Qtr 99FFO $1.1 mln$0.9 mln FFO/shr (diluted) $0.38 $0.33 Net Income $1.1 mln $0.9 mln Net/shr$0.29 $0.20 Revenue$2.6 mln $2.2 mln Shares outst.3.0 mln 2.9 mln

May 18, 2000 LOUISVILLE, Ky. – Real estate investment trust Ventas Inc. (NYSE: VTR) said today that it has filed its proof of claim of approximately $4 billion in the Vencor Inc. (OTC: VCRI) Chapter 11 bankruptcy proceeding....

May 18, 2000 HONG KONG (AP) – The central government here signed a contract with Pacific Century CyberWorks Ltd. this week for the construction of a high-technology industrial park. The construction cost for the "Cyberport," a large-scale development...

May 18, 2000(NewsTraders.com) – Goldman Sachs has downgraded real estate investment trust Westfield America (NYSE:WEA) to "market perform" from "market outperformer" due to price considerations.Further information wasn't readily available.

May 18, 2000 (NewsTraders.com) – Vornado Realty Trust (NYSE:VNO) was called a "buy" in initial brokerage coverage launched this week by Lehman Brothers analyst David Shulman, who has a $42 price target for the stock."As the largest owner...

May 18, 2000 HARTFORD, Conn. – Cigna Corp. (NYSE: CI) this week established TimesSquare Real Estate Investors "to meet the U.S. real estate equity investment needs of pension plan sponsors and other institutional investors," according to a statement....

May 18, 2000 New World Exchange tower breathes fresh life into city centerThe Ottawa Citizen, May 18OTTAWA – Truscan Property Corp. has begun construction on the 16-story Canada Trust Tower, at the World Exchange Plaza. The 50 million...

May 18, 2000 Industrial center's revisions tabledMiami Herald, May 18MIRAMAR, Fla. – City commissioners are questioning Trammell Crow's plans to reconfigure its Industrial Center's final two buildings into one 260,718-square-foot facility – an increase of 7,000 sf of...

May 18, 2000 1st-Qtr 001st-Qtr 99FFO $3.2 mln$3.1 mln FFO/shr (diluted) $0.36 $0.35 Net Income $0.6 mln $0.6 mln Net/shr$0.08 $0.08 Revenue$12.7 mln $12.4 mln Shares outst.7.9 mln 8.0 mln

May 18, 2000 1st-Qtr 001st-Qtr 99FFO $7.5 mln$7.1 mln FFO/shr (diluted) $0.21 $0.19 Extra Gain (Loss) $ -- $(1.3 mln) Net Income $1.9 mln $.8 mln Net/shr$0.07 $0.03 Revenue$23.9 mln $22.6 mln Shares outst.25.5 mln 25.4 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $60.5 mln$51 mln FFO/shr (diluted) $0.98 $0.84 Extra Gain (Loss) $0.3 mln $ -- Net Income $42.1 mln $32.9 mln Net/shr$0.69 $0.55 Revenue$112.4 mln $112.9 mln Shares outst.61.3 mln 60.8 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $19 mln$28.0 mln FFO/shr (diluted) $0.25 $0.38 Net Income $(17.4 mln) $17.1 mln Net/shr$(0.40) $0.06 Revenue$72.8 mln $78.3 mln Shares Outstanding43.4 mln 58.4 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $6.3 mln$10.1 mln FFO/shr (diluted) $0.20 $0.27 Net Income $(0.08 mln) $(0.3 mln) Net/shr$(0.002) $(0.01) Revenue$31.1 mln $35.1 mln Shares Outstanding32.3 mln 37.1 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $1.6 mln$1.9 mln FFO/shr (diluted) $0.20 $0.23 Net Income $2.8 mln $1.1 mln Net/shr$0.35 $0.13 Revenue$20.4 mln $17.9 mln Shares Outstanding8.0 mln 8.4 mln

May 17, 2000 Commercial Real Estate DirectSumitomo Life Insurance Co., Mitsubishi Trust & Banking Corp. and Mitsui Fudosan Co. are planning to jointly develop a commercial real estate index that would track property returns in Japan.The firms "hope...

May 17, 2000 FALLS CHURCH, Va. – Two Washington-area entrepreneurs have launched findAspace.com, a site that will include a database of relatively small commercial spaces that are offered for lease in the Reston, Va., area.The firm, which was...

May 17, 2000 (NewsTraders.com) -- Goldman Sachs has boosted CBL & Associates (NYSE:CBL) to "market outperformer" from "market perform."In addition, Goldman hiked its 2000 and 2001 EPS numbers on CBL to $3.52 and $3.85 from $3.45 and $3.76,...