February 18, 2000 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) has signed two tenants to leases at its Valley Technology Centre on Zanker Road in San Jose, Calif.TSMC North America has signed a 111,000-square-foot lease, and Pivot Interiors Inc....

February 18, 2000NEW YORK – New Plan Excel Realty Trust Inc. (NYSE: KO) expects funds from operations to drop this year to a range of $2.02-$2.04/share, from a projected $2.15/share in 1999.The REIT expects to report FFO for...

February 17, 2000 Decision on proposed St. John's Center expected in AprilFlorida Times-Union, February 17JACKSONVILLE, Fla. – Hallmark Partners should know by April if it can proceed with plans for a $75 million St. John's Center hotel, office,...

February 17, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98Net Income $0.6 mln($5.9 mln) ($12.6 mln) ($4.9 mln) Net/shr$0.10 ($0.93) ($2.12) ($0.77) Revenue (Loss)$1.4 mln ($3.7 mln) ($6.7 mln) $0.6 mln

February 17, 2000 T-shirt maker to lay off 200, close plantMontreal Gazette, February 17 MONTREAL – Gildan Activewear Inc. will shutter its Montreal sewing plant and lay off more than 200 workers. Gildan, which employs 5,000 people, has...

February 17, 2000 Go To Previous Story with Initial Price Guidance in the IPGDirect.com Archive. Fannie Mae, $458 Million Multi-FamilyClassAmount($mln)Avg.LifeSpread(BP)BnchMarkA160.33.5+90Treas. curveB1307.5+115Treas. curveC97.710.4+145Treas. curveD6116.9+170Treas. curve

February 17, 2000 By Orest Mandzy, IPGDirect.com Managing EditorGMAC Commercial Mortgage and Salomon Smith Barney are teaming up to float commercial mortgage-backed securities in order to finance their purchase of a portfolio of Japanese nonperforming loans.Few details of...

February 17, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $3.6 mln$2.9 mln $13.6 mln $10.6 mln FFO/shr (diluted) $0.32 $0.29 $1.25 $1.17 Net Income $6.4 mln $4.6 mln $13.6 mln $9.1 mln Net/shr$0.56$0.45 $1.26 $1.01 Revenue$11.4 mln $8.5 mln...

February 17, 2000 FARMINGTON HILLS, Mich. – Agree Realty Corp. (NYSE:ADC) has named David J. Prueter vice president of the company. Preuter will be responsible for the development and leasing of the company's new projects.Prueter had been director...

February 17, 2000 Warburg Dillon Read originated all but one of the large loans in LB-UBS, 2000-C1 which was detailed in the Feb. 15 article "Lehman, UBS Loans to Mall Owners Detailed." Lehman Brothers only originated one of...

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 16, 2000 Associated PressCENTRALIA, Ill. – Cambridge Industries Inc. said it will lay off 70 of its 1,100 employees and seek a buyer for its auto parts plant here. The Madison Heights, Mich.-based company has no plans...

February 16, 2000 Go To Moody's Pre-Sale Report and Previous Stories in the IPGDirect.com Archive.Mall of America Capital Co., Series 2000-1ClassAmount($mln)RatingMoody'sRatingS&PPrice talk(BP)BnchMarkA200AaaAAA+28-301-mo. LiborB36Aa2AA+42-451-mo. LiborC45A2A+90 area1-mo. LiborD31Baa1BB++170 area1-mo. Libor

February 16, 2000 Associated Press/ASIA WorldSources Inc.HONG KONG – The Sino Group surprised the market here yesterday by offering for sale the first batch of 68 units in its new luxury residential project in Siu Sai Wan at...

February 16, 2000 Go To Duff & Phelps' Pre-Sale ReportGo To Moody's Pre-Sale Report.Vornado Finance Pass-Through Certificates, Series 2000-VNOClassAmount($mln)Sub. Level(%)RatingMoody'sRatingDuff & PhelpsAvg. LifePrice Talk(BP)BnchMarkA-16140.4AaaAAA5+108-110Treas.A-223740.4AaaAAA10+143-146Treas.B5529.4Aa2AA10+155-158Treas.C5618.2A2A10+167-170Treas.D1714.8A3A-10+177-180Treas.E455.8Baa2BBB10+195-200Treas.F290.0Baa3BBB-10+240-245Treas.