March 31, 2000 By Phil West, AP Business Writer NASHVILLE, Tenn. – The executive who became synonymous with private prisons likely will be on the outside looking in after Prison Realty Trust Inc.'s annual meeting. Doctor R. Crants...

March 31, 2000 Crocker Realty Trust of Boca Raton, Fla., is looking to sell seven commercial properties with 1.2 million square feet in the Atlanta region, according to the Atlanta Journal-Constitution.The firm is marketing the space through Cushman...

March 31, 2000 By Phil West, AP Business WriterNASHVILLE, Tenn. – The world's largest for-profit prison operator reported a 1999 loss of $53.3 million and said losses and pressure from creditors put its future in doubt. Prison Realty...

March 30, 2000 DALLAS – Amresco Capital Trust (Nasdaq:AMCT) is calling it quits.The mortgage REIT's board has approved a plan of liquidation that, if approved by shareholders, will result in the gradual disposition of some $261 million of...

March 30, 2000 GREAT NECK, N.Y. – One Liberty Properties Inc. (Amex:OLP) has paid $14 million for a 110,179-square-foot retail center in El Paso, Texas. The property, which was purchased with a $10 million mortgage, is occupied by...

March 30, 2000 Lender, hotel chain secured for Convention Center hotel project The Miami Herald, March 30FORT LAUDERDALE, Fla. – Peebles Atlantic Development Corp. of Miami is set to break ground for the long-delayed Broward County Convention Center...

March 30, 2000 Trendy City Square may have buyerVancouver Sun, March 30 VANCOUVER – Colliers International has reportedly found a buyer for City Square, an upscale office-retail complex at Cambie and West 12th streets owned by Oxford Properties...

March 30, 2000CHICAGO – Horizon Group Properties Inc. (Nasdaq:HGPI) has agreed to sell a portfolio of seven shopping centers to Triple Net LLC, a Santa Ana property manager, for $93.5 million.The properties total 1.6 million square feet and...

March 29, 2000 Editor's Note: Beginning today, headlines will serve as links to full stories.Tower trio could soar into Tampa's skyline The St. Petersburg Times, March 29TAMPA – The Hogan Group has proposed the largest office project ever...

March 29, 2000 MEXICO CITY – Nicholas R. Criss III, former director general of Staubach/CMI International, has joined Cushman & Wakefield as director of industrial services for Mexico. Criss will be in charge of the firm's industrial brokerage...

March 29, 2000 Editor's Note: Beginning today, headlines will serve as links to full stories.Daly site construction faces delay The Ottawa Citizen, March 29 OTTAWA – Doubts about whether a hotel can survive on the downtown Daly site...

March 29, 2000 The Business TimesKUALA LUMPUR, Malaysia – Pengurusan Danaharta National Bhd will launch its second sale of foreclosed properties, involving 123 properties with a combined indicative value of 276.43 million ringgits (US$72.8 million) on March 29....

March 29, 2000 Apartment Investment & Management Co. (NYSE: AIV) has agree to pay $250 million for a portfolio containing 1,000 apartment units in New York City, according to the Wall Street Journal.The newspaper said the REIT was...

March 29, 2000 PHOENIX – New Mexico and Arizona Land Co. (AMEX:NZ) has sold an undeveloped commercially-zoned parcel of land in Chandler, Ariz., to Albertson's Inc. for $2.8 millionThe retail food-drug chain operator plans to develop the 14.6-acre...

March 29, 2000 LUXEMBOURG – SC-U.S. Realty (NYSE:RTY) has completed its second $100-million share repurchase program bringing the total number of shares repurchased to 10.9 million. It has invested $200 million in its shares.Since last May, the company...

March 29, 2000 By Paul Chavez, Associated Press WriterLOS ANGELES – High-tech innovation and downtown revitalization are crossing paths with Infomart's agreement to pay $40 million, or $80/sf, for the Terminal Annex, the city's main post office for...

March 28, 2000 CITY OF INDUSTRY, Calif. – Koll Development Co. has completed the sale of two industrial properties in the Plantation Business Center to Sares-Regis Group for $19 million, or $41/sf.The two buildings have 300,000 square feet...

March 28, 2000 (NewsTraders.com) -- Franklin Mutual Advisers, the holder of a 21.4% equity stake in Wellsford Real Property (AMEX:WRP), plans to take a more active role in its investment, stating late Monday in a regulatory filing that...

March 28, 2000 (NewsTraders.com) -- Zooming in on a diversified real estate operating company that he believes will be able to capitalize on the technology boom, Merrill Lynch analyst Eric Hemel upgraded his intermediate-term rating on Catellus Development...

March 28, 2000 1st-Qtr 001st-Qtr 99Net Income $21.5 mln $20.4 mln Net/shr$0.62 $0.57 Revenue$95.3 mln $76.2 mln Shares outst.34.7 mln 36 mln

March 28, 2000 ATLANTA – A unit of Johnson Controls Inc. (NYSE:JCI) has won a five-year contract worth $1.36 billion to manage the Canadian real estate operations of Royal Bank of Canada. Johnson's Brookfield LePage Johnson Controls will...

March 28, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $49 mln$48.9 mln$198.3 mln $191 mlnFFO/shr (diluted) $0.54$0.54$2.15$2.11Net Income $38 mln $33.4 mln$128 mln$132.5 mlnNet/shr$0.42$0.37 $1.42$1.46 Revenue$109.3 mln $109.9 mln $438 mln$418.6 mln Shares outst.91.5 mln 91.1 mln92.4 mln90.4 mln

March 28, 2000 1st-Qtr 001st-Qtr 99FFO$2.9 mln$2.7 mln FFO/shr (diluted) $0.26$0.25Net Income $1 mln $0.96 mlnNet/shr$0.09 $0.10 Revenue$7.8 mln $6.9 mlnShares outst.5.4 mln 5.1 mln

March 28, 2000 4th-Qtr 994th-Qtr 9812-mos 99Net Income (Loss) $0.3 mln ($1.3 mln) $6 mln Net (Loss)/shr$0.07 ($0.27) $1.33 Revenue$2.4 mln $12.1 mln Shares outst.4.4 mln 4.5 mln

March 28, 2000 Allied Capital Corp. (Nasdaq:ALLC), an originator of small-business loans and commercial mortgages, has agreed to originate loans via the Internet. The Washington-based firm's AlliedCapitalExpress.com unit will provide real estate related business loans through LiveCapital.com, a...