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...

April 14, 2000 American import thinks future will be brighter at EastPark The Florida Times-Union, April 14JACKSONVILLE, Fla. – Hallmark Properties and EastGroup Properties have teamed to build a showroom-warehouse for American Import Lighting Co. in the 580-acre...

April 14, 2000 NEW YORK – The board of directors for Starwood Financial Inc. (NYSE: SFI) has named Jay Sugarman, Starwood Financial's president and chief executive officer, to the added position of chairman of the board, effective immediately....

April 14, 2000 DALLAS – Kennedy-Wilson Inc. (Nasdaq: KWIC) has expanded its investment sales division by naming Dave Curran, a longtime commercial real estate executive in Dallas, to spearhead investment sales activity here.Curran has been a regional managing...

April 14, 2000 WEST CONSHOHOCKEN, Pa. – David G. Hagan has joined Keystone Property Trust (NYSE: KTR) as vice president of development, overseeing the company's Midwestern development platform. That includes the 8 million-square-foot Airtech Park, a 491-acre master...

April 14, 2000 The much-ballyhooed commercial real estate Internet firm RealPulse.com, which in recent weeks has lured away some of the commercial mortgage-backed securities industry's highest profile executives, is being backed by up to $150 million in seed...

April 14, 2000 BETHESDA, Md. – Crestline Hotels & Resorts, Inc., a unit of Crestline Capital Corporation (NYSE: CLJ) that manages hotels, has formed a strategic alliance with Stormont Trice Development Corporation, a privately-held, Atlanta-based hotel development company....

April 14, 2000 ATLANTA – Lend Lease Real Estate Investments Inc. has acquired the Kiln Brook Office Park in Lexington, Mass., on behalf of an institutional client, from Advent Realty LP. Terms of the deal were not disclosed.Kiln...

April 13, 2000 (NewsTraders.com) – After slogging through the worst yearly back-to-back stock performance in history, real estate investment trusts are "poised to achieve improved price performance in the months ahead," says Warburg Dillon Read analyst Anthony Davis.The...

April 13, 2000 (NewsTraders.com) – Merrill Lynch downgraded its intermediate-term rating on Crescent Real Estate Equities Co. (NYSE:CEI) to "neutral" from "accumulate" today, due in part to the real estate firm's stock price having closed in on the...

April 13, 2000 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) has acquired a 77,000 square-foot industrial facility in El Paso, Texas, for $2.4 million, or about $31 per sf.The 1987 building, known as the Founders Business Center, is located...

April 13, 2000 Blue Lake deal closes The Daily Business Review, April 12BOCA RATON, Fla. – Telecom Routing exchange Developers (T-Rex), a company controlled by Miami's Terremark Holdings, completed its $140 million purchase of Blue Lake Corporate Center...

April 13, 2000 ATLANTA – J. Donald Nichols has resigned as chairman of JDN Realty Corp. (NYSE:JDN). Nichols has also resigned as director of JDN Development Inc.He had previously resigned as chief executive of the REIT.

April 13, 2000 BOSTON – Brian Kavoogian, a senior managing director of Holliay Fenoglio Fowler LP has joined The Davis Cos., a Boston investment, management and development firm, as principal.Kavoogian, who had been with Holliday, a mortgage bank,...

April 13, 2000 DALLAS – Kennedy-Wilson Inc. (Nasdaq:KWIC) has named Dave Curran, a regional manager, to head its investment sales operation in Dallas.Curran joined Kennedy-Wilson last year, when the firm acquired Fults Realty Corp. He had been charged...

April 13, 2000 HARRISBURG, Pa. – The Pennsylvania Housing Finance Agency has approved $24.9 million of funding for two major affordable apartment complexes in Philadelphia. The agency's board issued $12.4 million of tax exempt bonds for Schuylkill Falls,...

April 13, 2000 CRA Real Estate Securities LP has taken a 2.5-percent stake in JDN Realty (NYSE:JDN).The Radnor, Pa.-based firm reported holding 837,200 shares of JDN stock in a Form SC 13G.