April 18, 2000 Atlanta Journal-Constitution lists area dealsThe Atlanta Journal-Constitution, April 18ATLANTA – LNR Property Group and Insignia Commercial Investment Group's Centennial Tower, formerly a government office building, is now 81 percent leased. The two firms have redeveloped...

April 18, 2000 NEW YORK – Aegis Realty Inc. (Amex:AER) has promoted Alan P. Hirmes, a senior vice president and member of the firm's board, to the post of interim chief financial officer, effective May 15.Hirmes is replacing...

April 18, 2000 NEW YORK – Fitch IBCA has placed the triple-B-plus rating on HRPT Properties Trust's senior unsecured debt and shelf registration on RatingAlert Negative. The action affects about $1.3 billion of debt.The alert is a result...

April 18, 2000 PALM BEACH, Fla. – Frederic M. Shaw has left his position as chief operating officer of Innkeepers USA Trust (NYSE: KPA), effective today.Jeffrey H. Fisher, the hotel REIT's chief executive officer, will assume the functions...

April 18, 2000 JERSEY CITY, N.J. – Mack-Cali Realty Corp. (NYSE:CLI) has closed on the sale of the International Financial Tower here to German investors for $152.5 million, or about $245 per square foot.The buyers consist of a...

April 18, 2000 BOSTON – Cabot Industrial Trust (NYSE: CTR) has formed a joint venture program, funded mostly by Chase Capital Partners, which will invest in industrial and workspace properties.The investors have committed approximately $44 million in equity...

April 18, 2000 DALLAS – Capital Senior Living Corp. (NYSE: CSU), an operators and developer of senior living communities, has reduced its merger consideration to the shareholders of ILM Senior Living, Inc. and ILM II Senior Living, Inc....

April 18, 2000 The Malachite Group, of Mineola, N.Y., has acquired the Jefferson City Shopping Center in Port Arthur, Texas, from Jefferson City Inc., of Houston, Texas, for $4.9 million, or about $20 a square foot.The 244,258-sf shopping...

April 17, 2000 BOSTON – John P. Fowler, one of the founders of a Holliday Fenoglio Fowler predecessor, is taking the helm of the firm's Boston office.Fowler, who had been running the mortgage firm's northeastern operations and managing...

April 17, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) has been unsuccesful in getting its lenders to extend the term of its revolving line of credit.JDN said that if it is unable to negotiate an extension and because...

April 17, 2000 SEOUL, Korea – Colony Capital Inc., Sonnenblick-Goldman Co. and Hanmi Technology Investment Corp. have formed Horizon Capital Advisors, a Korean asset management company As previously reported by Commercial Real Estate Direct, Horizon Capital will manage...

April 17, 2000 NEW YORK – Principal Capital Management has provided $23.5 million of financing to Wellsford/Whitehall Group LLC for the rehabilitation of Gateway Tower in Rockville, Md.The three-year mortgage can be extended for two-six month periods and...

April 17, 2000 Go To Initial Price Talk Table.April 14: Deal Selling BrisklyApril 13: Deal LaunchedMorgan Stanley Dean Witter Capital I Trust 2000-LIFE1ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriced(BP)BnchMarkA-1113.819.75AAAAAA5+120Treas. (L+26)A-243919.75AAAAAA10+162Treas. (L+40)B22.416.5AAAA10+176Treas.C25.8512.75AA10+188Treas.D8.611.25A-A-10+198Treas.E17.29BBBBBB10+240Treas.F6.98BBB-BBB-10+280Treas.X689N/AAAArAAA--+400*Treas.*Interest only, at 100 percent CPR.Tranches triple-B-minus and below were private. Go To...

April 17, 2000 CarrAmerica leaving region The South Florida Business Journal, April 17BOCA RATON, Fla. – Washington, D.C.-based CarrAmerica has hired Holliday Fenoglio Fowler to market its small but high-profile South Florida office and land portfolio, which consists...

April 17, 2000 Japan's Ministry of Construction says that a registration system for real estate advisors will be introduced by the end of April, according to Nomura Real Estate Development Co. in Tokyo.The system would affect companies that...

April 17, 2000 NEW YORK – Hanover Capital Mortgage Holdings Inc. (Amex:HCM) has confirmed that it was hired by the U.S. Small Business Administration to serve as financial adviser for the sale of a portfolio of distressed loans....

April 17, 2000 Scaled-down plan for sports hall of fame set for public scrutinyThe Ottawa Citizen, April 17 OTTAWA – The public will get its first look at a plan worth 50 million Canadian dollars (US$33.9 million) to...

April 17, 2000 NEW YORK – John B. Roche, former senior vice president of The Related Cos. financial services unit, has been named chief financial officer of New Plan Excel Realty Trust Inc. (NYSE:NXL) New Plan has been...

April 17, 2000 CONSHOHOCKEN, Pa. – Shareholders of Kranzco Realty Trust (NYSE:KRT) and CV Reit (NYSE:CVI) will vote June 6 on the proposed merger between the two shopping center REITs.If shareholders approve the proposed merger, the two firms...

April 17, 2000 Scaled-down plan for sports hall of fame set for public scrutinyThe Ottawa Citizen, April 17 OTTAWA – The public will get its first look at a plan worth 50 million Canadian dollars (US$33.9 million) to...

April 17, 2000 BETHESDA, Md. – LaSalle Bank and Bloomfield Acceptance Co. have agreed to offer their lending programs through Redbricks.com, an online lending site.The addition of the two lenders allows Redbricks.com to offer its clients financing for...

April 17, 2000 NASHVILLE, Tenn. – An investor group led by Fortress Investment Group LLC, Blackstone Group and Bank of America has declined to exercise its right to match terms of a restructuring offer that Prison Realty Trust...

April 14, 2000ROCKVILLE, Md. – Howard Biel has resigned from his position as senior vice president-chief development officer of Federal Realty Investment Trust (NYSE:FRT), effective May 15.Biel plans to re-launch his Washington-based commercial real estate development company, Palisades...

April 14, 2000By Christine Hanley, Associated Press Writer SAN FRANCISCO – In a land grab reminiscent of the Gold Rush, dot-com companies are snapping up every available square foot of office space here, causing wrenching change in a...

April 14, 2000 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterAnalysts are saying the current $689 million commercial mortgage-backed securities deal from lead underwriter Morgan Stanley Dean Witter is flying off the shelves on a day...