May 16, 2000 1st-Qtr 001st-Qtr 99FFO $17.9 mln$15.7 mln FFO/shr (diluted) $0.87 $0.77 Net Income $12.8 mln$8.5 mln Net/shr$0.69 $0.45 Revenue$39.5 mln $33.9 mln Shares Outstanding20.6 mln 20.5 mln

May 16, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorDwight Merriman III, the former managing director in charge of CarrAmerica Realty's (NYSE: CRE) Southern California and Utah operations, has joined RREEF Funds' San Francisco office as...

May 16, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99Net Income $2 mln $2.2 mln $3.8 mln $5.1 mln Net/shr$0.27 $0.30 $0.52 $0.71 Revenue$2.8 mln $3 mln $5.1 mln $6.2 mln Shares Outstanding7.3 mln 7.2 mln 7.3 mln 7.2 mln

May 16, 2000 Bradley Real Estate Inc. (NYSE:BTR) has filed a Form 8-K with the SEC that details terms of its pending merger with Heritage Property Investment Trust Inc.

May 16, 2000 1st-Qtr 001st-Qtr 99Net Income (Loss) $0.02 mln($1.8 mln) Net (Loss)/shr$0.0 ($0.08) Revenue$260.9 mln $233.2 mln Shares Outstanding20.9 mln 20.6 mln

May 15, 2000When a group of real estate giants unveiled a technology consortium to capture a piece of dot-com mania, some real estate investors got excited. But a hard look at the details -- and the companies' own...

May 15, 2000 1st-Qtr 001st-Qtr 99FFO $6.4 mln$6.5 mln FFO/shr (diluted) $0.35 $0.35 Net Income $2.9 mln $3.2 mln Net/shr$0.21 $0.22 Revenue$13.9 mln $13.0 mln Shares outst.18.2 mln 18.7 mln

May 15, 2000 (NewsTraders.com) -- AvalonBay Communities (NYSE:AVB) was eased to "accumulate" from "buy" today by A.G. Edwards & Sons analyst Art Havener, who cited price appreciation and valuation as the impetus for his move.The company provides the...

May 15, 2000 1st-Qtr 001st-Qtr 99FFO $5.2 mln$6.2 mln FFO/shr (diluted) $0.29 $0.38 Extra Gain (Loss) $(0.3 mln) $ 0.07 mln Net Income $(1.4 mln) $0.7 mln Net/shr$(0.09) $0.05 Revenue$19.7 mln $18.7 mln Shares outst.15.4 mln 15.3 mln

May 15, 2000 1st-Qtr 001st-Qtr 99FFO $23.5 mln$18.8 mln FFO/shr (diluted) $0.54 $0.43 Net Income $12.7 mln $7.7 mln Net/shr$0.31 $0.28 Revenue$50.1 mln $34.3 mln Shares outst.40.6 mln 27.9 mln

May 15, 2000 Dylex set to sell Tip Top, BiWayThe Financial Post, May 15TORONTO – Dylex Ltd. may announce a deal for selling its BiWay and Tip Top chains. The price for selling the two assets could be...

May 15, 2000 CHICAGO – CenterPoint Properties Trust (NYSE:CNT) has agreed to list the properties it has for lease on Comro.com's online marketplace.CenterPoint has a portfolio of 200 industrial properties in the Greater Chicago area. The addition of...

May 15, 2000 1st-Qtr 001st-Qtr 99FFO $4.2 mln$4.0 mln FFO/shr (diluted) $0.46 $0.43 Extra Gain (Loss) $ -- $(0.5 mln) Net Income $0.9 mln $1.5 mln Net/shr$0.18 $0.29 Revenue$11.0 mln $12.7 mln Shares outst.5.2 mln 5.2 mln

May 15, 2000 Industry News: TrizecHahn negotiating to build Buypass officesThe Atlanta Journal-Constitution, May 15ATLANTA – TrizecHahn Office Properties is in final negotiations to develop a new headquarters for Buypass Corp. The new office and data center will...

May 15, 2000 Winn-Dixie's plans to close 110 stores does not figure to be a big event for the commercial mortgage-backed securities market. According to a Merrill Lynch research report, the store closings will affect only 12 CMBS...

May 12, 2000 Associated PressMONTECITO, Calif. – The creator of Beanie Babies has bought the exclusive Four Seasons Biltmore and Coral Casino at Butterfly Beach here for an undisclosed price.Hotel officials say Four Seasons Hotels and Resorts will...

May 12, 2000 1st-Qtr 001st-Qtr 99FFO $71.2 mln$55.1 mln FFO/shr (diluted) $0.97 $0.89 Extra Gain (Loss) $ -- $(8.7 mln) Net Income $22.1 mln $8.5 mln Net/shr$0.43 $0.21 Revenue$256.9 mln $194.2 mln Shares outst.51.9 mln 40.3 mln

May 12, 2000 WEST CONSHOHOCKEN, Pa. – Keystone Property Trust (NYSE: KTR) has hired Saul Behar as vice president, general counsel and secretary.Behar will oversee all of the company's legal matters and will report directly to president and...

May 12, 2000 1st-Qtr 001st-Qtr 99FFO $19.8 mln$18.5 mln FFO/shr (diluted) $1.02 $0.96 Net Income $7.8 mln $7.4 mln Net/shr$0.49 $0.47 Revenue$39.6 mln $37.0 mln Shares outst.19.4 mln 19.2 mln

May 12, 2000 1st-Qtr 001st-Qtr 99FFO $9.5 mln$8.9 mln FFO/shr (diluted) $0.95 $0.87 Net Income $4.9 mln $4.9 mln Net/shr$0.49 $0.48 Revenue$29.9 mln $27.2 mln Shares outst.10 mln 10.2 mln

May 12, 2000 NEW YORK – Fortress Investment Fund LLC is looking to raise its stake in Capstead Mortgage Corp. (NYSE:CMO)The opportunistic investment firm's Fortress Cap LLC affiliate has launched an offer to buy up to five million,...

May 12, 2000 1st-Qtr 001st-Qtr 99FFO $22.6 mln$20.2 mln FFO/shr (diluted) $0.72 $0.61 Extra Gain (Loss) $ -- $(0.67 mln) Net Income $9.0 mln $7.2 mln Net/shr$0.37 $0.27 Revenue$60.5 mln $60.6 mln Shares outst.31.2 mln 32.8 mln

May 12, 2000Work begins on industrial parkThe Atlanta Journal-Constitution, May 12ATLANTA – Panattoni Development Co. has begun construction on a 437,760-square-foot building at Interstate South Industrial Park. Panattoni plans to develop about 8 million sf of big-box warehouse...

May 12, 2000 1st-Qtr 001st-Qtr 99FFO $19.2 mln$17.2 mln FFO/shr (diluted) $0.41 $0.37 Net Income (Loss) $(4.2 mln) $(3.9 mln) Net/shr$(0.20) $(0.19) Revenue$15.9 mln $14.5 mln Shares outst.34.2 mln 34.2 mln

May 12, 2000 1st-Qtr 001st-Qtr 99 (Pro Forma)FFO $50.2 mln$52.3 mln FFO/shr (diluted) $0.35 $0.37 Net Income $26.5 mln $31.3 mln Net/shr$0.20 $0.24 Revenue$100.3 mln$78.7 mln Shares outst.143.3 mln 143 mln