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.

April 13, 2000 Go To S&P's Presale Report.Go To Fitch IBCA's Presale Report.Morgan Stanley Dean Witter Capital I Trust 2000-LIFE1ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePricetalk(BP)BnchMarkA-1113.819.75AAAAAA5+121-123Treas. (L+26-28)A-243919.75AAAAAA10+163 areaTreas. (L+40)B22.416.5AAAA10+177 areaTreas.C25.8512.75AA10+189 areaTreas.D8.611.25A-A-10+199 areaTreas.E17.29BBBBBB10+235-240Treas.X689N/AAAArAAA--+400*Treas.*Interest only, at 100 percent CPR.Tranches triple-B-minus and below were private.

April 12, 2000 Associated PressNEW ORLEANS – Crescent Real Estate Equities (NYSE:CEI) has exited the New Orleans market with the sale of the Freeport-McMoRan Building to a partnership of Louisiana investors and a Chicago real estate company for...

April 12, 2000 WEST CONSHOHOCKEN, Pa. – Keystone Property Trust (Amex:KTR) sold a 214,600-square-foot industrial property in East Brunswick, N.J., for $9.3 million. Keystone had purchased the property for $7.7 million when its purchased Reckson Morris Industrial Trust...

April 12, 2000 (NewsTraders.com) -- Resource Asset Investment Trust (Amex:RAS) fell a step in Friedman Billings Ramsey's rating chart as analyst Charles Post lowered the stock to "accumulate" from "buy."Post said he made the adjustment after the Philadelphia...

April 12, 2000 Developers designing e-business parkThe Florida Times-Union, April 12JACKSONVILLE, Fla. – Developers are designing a three-building business park called Jaxoffices.com. The Jacksonville Planning and Development Department is reviewing plans filed late last week for a 7.2-acre...

April 12, 2000 GREAT NECK, N.Y. – A unit of One Liberty Properties Inc. (AMEX:OLP) has paid $11.9 million for a 402,200-square-foot manufacturing building and a 56,000-sf office building in Hanover, Pa. The property was acquired with existing...

April 12, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) will not file its annual report with regulators on April 14 as it had expected because an investigation into discrepancies into certain lease and sale transactions by a special...

April 12, 2000BETHESDA, Md. – Cushman & Wakefield has licensed CoStar Group's (Nasdaq:CSGP) information products for use by all employees at its domestic offices.Under the agreement, which CoStar said was the largest contract it has ever been awarded,...

April 12, 2000Lehman Brothers and investors David Schwartz, who runs Waterton Associates of Chicago, and Peter Vilim, have paid $116 million for 2,700 South Florida apartments that were sold by a partnership.According to the Wall Street Journal, which...

April 12, 2000 Growth called urgent issue in OttawaThe Ottawa Citizen, April 12 OTTAWA – After meeting with some of the area's high tech executives, a key government official said that providing the infrastructure and land needed to...

April 12, 2000 CHICAGO – Lillibridge Health Trust has acquired a 343,000-square-foot medical office building and a 1,060-space parking deck in the Atlanta area for $56 million.The property, The Center for Specialty Medicine, was purchased from Saint Joseph's...

April 12, 2000 (NewsTraders.com) – The other shoe fell at JDN Realty (NYSE:JDN), which this morning announced a second round of financial incongruities, resulting in a brokerage downgrade from A.G. Edwards, which sliced its rating on the stock...

April 12, 2000 SOMERSET, N.J. – PNC Real Estate Finance has arranged a total of $181.5 million of construction financing for two Northern New Jersey office complexes being developed by SJP Properties of Parsippany, N.J.PNC is leading a...

April 12, 2000 By Orest Mandzy, Commercial Real Estate Direct Managing EditorLend Lease is forming an investment fund that will buy high-yielding commercial mortgage-backed securities, primarily those rated double-B.The fund, which could raise $100 million of equity, or...

April 12, 2000 Associated PressMONTREAL (CP) – The Canadian police are seeking former Montreal businessman Wolfgang Stolzenberg, who is wanted on a Canada-wide arrest warrant on 41 charges of fraud and conspiracy. The police allege he caused about...

April 11, 2000 Affiliates of Goldman Sachs' Whitehall Street Real Estate LP, has accumulated a 20.7 percent interest in Wellsford Real Properties Inc. (AMEX:WRP) The interest was detailed in a Schedule 13D that was filed with the SEC.

April 11, 2000 1st-Qtr 001st-Qtr 99Extra Gain (Loss) -- ($0.3 mln) Net Income $1.2 mln $7.4 mln Net/shr$0.08$0.52 Revenue$3.1 mln$18.8 mln Shares outst.13.8 mln 13.8 mln

April 11, 2000 MCLEAN, Va. – General Motors Acceptance Corp. has committed to provide a $100 million revolving credit facility to Capital Automotive REIT (Nasdaq:CARS).The one-year facility, which can be renewed annually, will carry a rate pegged to...

April 11, 2000 Deals: Teachers fund acquires distribution center The Atlanta Journal-Constitution, April 10ATLANTA – Teachers Insurance and Annuity Association has acquired the Satellite Distribution Center in Gwinnett County for $19.4 million, or about $39 per square foot....

April 11, 2000 Associated PressTORONTO – British housing and property group Taylor Woodrow PLC is offering 206 million Canadian dollars (US$142 million) for the 45 percent of Canadian real estate company Monarch Development Corp. that it doesn't already...

April 11, 2000 (NewsTraders.com) -- Prudential analyst Joseph Coccimiglio initiated coverage of Marriott International (NYSE:MAR) and Four Seasons (NYSE:FS) this morning, assigning the hotel operators "accumulate" ratings and respective $39 and $57 price targets.The analyst also upgraded Starwood...