February 16, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $12.2 mln$12.9 mln $53.4 mln $46.8 mln FFO/shr (diluted) $0.47 $0.50 $2.04 $1.83 Extra Gain (Loss) ($0.3 mln) ($0.7 mln) ($1.1 mln) ($1.3 mln) Net Income $1.5 mln $2.7 mln...

February 16, 2000 Associated PressCHERRY HILL, N.J. – Epoch Properties of Orlando, Fla., has agreed to buy two prime real estate properties in Nevada and New Jersey from International Thoroughbred Breeders.Epoch, through a subsidiary – Turnberry at Las...

February 16, 2000GS Mortgage Securities Corp. II, 2000-GSFL IIIClassAmount($mln)RatingMoody'sRatingS&PPrice Talk(BP)BnchMarkA187AAAAAA30 area1-Mo. LiborB66AA2AA+40 area1-Mo. LiborC28AA3AA-50 area1-Mo. LiborD44A2A95 area1-Mo. LiborE34A3A-105 area1-Mo. LiborF34Baa2BBB190 area1-Mo. Libor"G"18.76 *Baa3BBB-N/A1-Mo. Libor* The G-class pieces (G1, G2, and G3) are the junior strips of loans on...

February 16, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $167.8 mln$137.5 mln $619.6 mln $458.8 mln FFO/shr (diluted) $1.18 $1.07 $4.50 $4.05 Extra Gain (Loss) -- -- ($0.5 mln) -- Net Income $79.7 mln $48.5 mln $280.7 mln $165.3...

February 16, 2000 LUTHERVILLE, Md. – Mid-Atlantic Realty Trust (NYSE:MRR) has purchased Stonehedge Square Shopping Center in Carlisle, Pa., for $8.2 million, or $93 a square foot.Mid-Atlantic paid $2.6 million in cash and assumed $5.7 million in mortgage...

February 16, 2000 Parking deal in office plans Florida Times-Union February 16JACKSONVILLE, Fla. – Highwoods Properties plans to build a $32 million office tower and parking garage in downtown if City Hall will pay $5.5 million up front...

February 16, 2000 4th-Qtr 994th-Qtr 98Net Income $1.8 mln $2.9 mln Net/shr$0.25 $0.41 Revenue$2.3 mln $3.2 mln Shares outst.7.2 mln 7.2 mln

February 16, 2000 NEW YORK – Julien J. Studley, the 72-year-old chairman and chief executive of the real estate brokerage that bears his name, today named Jacque Ducharme as the firm's new president.Studley, who founded his firm in...

February 16, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98Net Income $15.3 mln $7.5 mln $35.5 mln $26.2 mln Net/shr$0.63 $0.44 $1.81 $1.58 Revenue$30.7 mln$20.7 mln $91.1 mln $70.4 mln

February 16, 2000 NEW YORK – Sonnenblick-Goldman Co. has opened an office in Tokyo in an effort to broaden its Asian reach. The office is led by Roger Griffin, formerly co-manager of the firm's Hong Kong office. Sonnenblick-Goldman's...

February 16, 2000 4th-Qtr 994th-Qtr 98FFO $1.4 mln$1.5 mlnFFO/shr (diluted) $0.19 $0.20 Net Income $3.3 mln $3.2 mln Revenue$4.9 mln $4.8 mln Shares outst.7.4 mln 7.5 mln

February 16, 2000 Sonnenblick-Goldman has consolidated its West coast presence in San Francisco.The firm, which has long had a Los Angeles presence, has closed its office there. The office had been run by David Sonnenblick and Elliot Eichner,...

February 16, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $11.4 mln$10 mln $43 mln $40.3 mlnFFO/shr (diluted) $0.31 $0.28 $1.20 $1.14 Extra Gain (Loss) ($0.2 mln) -- ($0.2 mln) -- Net Income $7 mln $5.9 mln $28.3 mln $25.6...

February 16, 2000DALLAS – Hallwood Realty Partners (AMEX: HRY) is suing Gotham Partners, a New York hedge fund headed by William A. Ackman and David P. Berkowitz, and five other entities, alleging the defendants have "accumulated over 40...

February 16, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $3.2 mln$2.7 mln $16.7 mln $12.3 mln FFO/shr (diluted) $0.29 $0.27 $1.58 $1.26 Extra Gain (Loss) -- -- -- ($0.1 mln)Net Income (Loss) ($0.3 mln) $1 mln $5.4 mln $3.5...

February 15, 2000 Associated PressTOKYO – L Kakuei Corp., a Tokyo real estate developer, filed for court bankruptcy protection on today, according to a Japanese credit research agency. L Kakuei applied to the Tokyo District Court under the...

February 15, 2000 Nortel spending triggers fiber-optic boom townThe Ottawa Citizen, February 15OTTAWA – Nortel Networks Corp. will spend more than U.S. $100 million of its $400 million expansion push in the Ottawa area during the next 18...

February 15, 2000 Hardin Construction sues Citicorp for millionsTampa Tribune, February 15TAMPA, Fla. – Hardin Construction group, which built Citicorp's company's $100 million, 100-acre corporate campus in east Tampa, is suing the financial giant, claiming it still owes...

February 15, 2000 (NewsTraders.com) -- JDN Realty (JDN) was downgraded to "underweight" from "aggressive buy" today in a rating demotion handed down from McDonald Investments analyst Richard Moore, who cited accounting snafus at the real estate investment trust,...

February 15, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterCiting the spike in interest rates so far this year, Greenwich Capital Markets has started offering floating-rate loans through its conduit loan program.The investment bank's "bridge-to-perm" program allows borrowers...

February 15, 2000 ATLANTA – Post Properties Inc. (NYSE:PPS) has sold Post River – a 213-unit apartment community in Atlanta – to Focus Group LLC. The sale generated $31.5 million in net proceeds, which will be used for...

February 15, 2000 (NewsTraders.com) -- Coverage on Brandywine Realty Trust (BDN) was introduced today by First Union Securities analyst Christopher Haley, who initiated the firm with a "buy" rating and an $18 price goal.The analyst noted that the...

February 15, 2000 Chaim Katzman, M.G.N. (USA) Inc., Gazit (1995) Inc. and Gazit-Globe (82) Ltd. together have taken a 66.4 percent stake in Equity One Inc. Trust (NYSE:EQY).The Israeli and U.S. entities, which have purchased a total of...

February 15, 2000 ATLANTA – J.P. Morgan Mortgage Capital Inc. has added two production specialists and an underwriter.The conduit lender hired Christine Wojick, a former lending officer with Llama Capital Mortgage, at its Atlanta production office. It also...

February 15, 2000 NEW YORK – Drew O'Malley, a former managing director with Insignia/ESG, has joined DLJ Realty Services Inc. as senior vice president and head of agency leasing in the New York region.DLJ Realty is a unit...