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 (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 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 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...

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 GREAT NECK, N.Y. – One Liberty Properties Inc. (AMEX:OLP) has bought, through a wholly owned subsidiary, a 51,000-square-foot building located in Plano, Texas, for about $7.65 million, or $150/sf.The 4.3 acres site contains a single-story...

February 15, 2000 Associated PressAMES, Iowa – Iowa State University is considering selling its 66-year-old publishing house. Increased competition and the lack of a permanent director have prompted the school's board of directors to look at a sale,...

February 14, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $24.5 mln$22.9 mln $96.8 mln $86.5 mln FFO/shr (diluted) $0.60 $0.57 $2.38 $2.16 Net Income $11.9 mln $10.8 mln $40.5 mln $37 mln Net/shr$0.30 $0.26 $1.02 $0.94 Revenue$69.7 mln $64.9...

February 14, 2000 MALVERN, Pa. – Liberty Property Trust (NYSE: LRY) Chief Operating Officer Joseph Denny will step down from his position effective April 1 and assume his new position as vice chairman of the real estate investment...

February 14, 2000 Associated PressST. JOSEPH, Mo. – City leaders are looking to attract a buyer for the soon-to-be-closed Quaker Oats plant here.They hope the 756,321-square-foot building will attract another employer like Quaker, which announced last month it...

February 14, 2000 CHARLOTTE, N.C. – Robert R. Kilroy, a former managing director of Prudential Real Estate Investors, will join Summit Properties Inc. (NYSE: SMT) as executive vice president and director of development.Kilroy has been with Prudential since...

February 14, 2000 Associated PressCHARLOTTE AMALIE, U.S. Virgin Islands – The largest oil refinery in the Western Hemisphere has received $600 million in financing to build a crude oil processing plant and repay bank debts, company officials said....

February 14, 2000 Associated PressCHICAGO – Prudential Plaza and the equally prominent 333 W. Wacker Drive office building are for sale, according to Crain's Chicago Business. Prudential Insurance Co., owner of the two-building Prudential Plaza, pulled the project...