February 7, 2000 B.C. fund seizes real opportunityThe Globe and Mail, February 7 TORONTO – B. C. Investment Management Corp., the newly created manager of British Columbia's public employee pension funds, has already made two major splashes since...

February 7, 2000 BIRMINGHAM, Ala. – A subsidiary of Colonial Properties Trust (NYSE:CLP) has priced $25 million of medium-term notes that were issued by its Colonial Realty LP unit.The notes, which were placed by Merrill Lynch, were priced...

February 7, 2000 CarrAmerica Realty Corp. (NYSE:CRE) has filed a Form 8-K with the SEC that details the merger agreement between its HQ Global Workplaces Inc. and Vantas Inc.Go to Previous Story in the IPGDirect.com Archive

February 7, 2000 AUSTIN, Texas – Stan Ross, the recently retired vice chairman and managing partner of E&Y Kenneth Leventhal, has joined the board of directors of SiteStuff.com, a website that helps property owners and managers buy real...

February 7, 2000 A New York City agency is offering a 151-unit apartment building in lower Manhattan, according to the New York Daily News.The Battery Park City Authority expects to raise more than $40 million for the 25-story...

February 7, 2000 Morgan Stanley Dean Witter Investment Management Inc. has accumulated a 14.9 percent interest in Wellsford Real Properties Inc. (AMEX:WRP). The interest, which amounts to 3 million shares, was detailed in a Form 13G that was...

February 7, 2000 BOSTON – MFS Investment Management has extended its lease and taken more space at 500 Boylston Street in Boston through 2013. The firm leased 328,540 square feet – worth an annual $13.4 million, or about...

February 6, 2000SAN DIEGO – City National Bank (NYSE:CYN) has named Jeff Stites senior vice president and manager of its real estate loan center in La Jolla, Calif.As senior vice president, he will manage City National's construction lending...

February 6, 2000 Meditrust Corp. (NYSE:MT) has filed a Form S-3 (Registration Statement) with the SEC.

February 4, 2000Warehouse developer likes Hartsfield's cargo potentialAtlanta Journal-Constitution, February 4ATLANTA – Seefried Properties is so confident that Hartsfield International Airport will become one of the nation's top air cargo centers in the next five years that it...

February 4, 2000Credit Suisse First Boston is finalizing the revamping of its real estate operation.The revamping has prompted yet another senior real estate executive, William Adamski, who is the group's chief investment officer, to resign.The investment bank, which...

February 4, 2000By Paul Gereffi, IPGDirect.com CorrespondentThe Root Organization is offering four acres for sale at its Pines PCD Development in Port Orange, Fla. The land is located across the street from a Wal-Mart store along Clyde Morris...

February 4, 2000 (NewsTraders.com) -- Burnham Pacific Properties Inc. (BPP), facing the ire of two of its largest shareholders, stated Thursday afternoon in a regulatory filing that it continues to encourage Schottenstein Stores Corp. -- one of the...

February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $27.4 mln$17.9 mln $89.1 mln $56.3 mln FFO/shr (diluted) $0.74 $0.66 $2.78 $2.45 Net Income $7.9 mln $5.4 mln $25.1 mln $18.7 mln Net/shr$0.41 $0.31 $1.34 $1.33 Revenue$70.9 mln $47...

February 4, 2000Capstead Mortgage Corp. (NYSE: CMO) has filed a Form 8-K (Current Report) with the SEC.

February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $41.3 mln$17.6 mln $141 mln $67.1 mln FFO/shr (diluted) $0.67 $0.58 $2.45 $2.25 Net Income $25.9 mln $10.2 mln $87.6 mln $50.6 mln Net/shr$0.44 $0.34 $1.61 $1.75

February 4, 2000CORAL GABLES, Fla. – Pyramid Realty Group, a Florida real estate consulting firm, is getting into the loan-sales business.The company was launched three years ago by Paul L. Jones, a former executive with Secured Capital Corp....

February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $8.5 mln$7.8 mln $32.2 mln $29.1 mln FFO/shr (diluted) $0.52 $0.46 $1.94 $1.71 Net Income $4.6 mln $4.3 mln $24.9 mln $16.6 mln Net/shr$0.28 $0.25 $1.51 $0.98 Revenue$24.5 mln $23.1...

February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $51.2 mln$49.3 mln $198.4 mln $183.5 mln FFO/shr (diluted) $0.66 $0.58 $2.56 $2.33 Net Income $27.2 mln $15.5 mln $143.2 mln $126.5 mln Net/shr$0.37 $0.20 $1.91 $1.66 Revenue$133.8 mln $124.7...

February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $15.1 mln$13.9 mln $53.9 mln $50.4 mln FFO/shr (diluted) $0.72 $0.65 $2.53 $2.35 Extra Gain (Loss) -- -- ($0.8 mln) -- Net Income $7.4 mln $7.9 mln $25.3 mln $28...

February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $17.5 mln$16.6 mln $65.9 mln $62.8 mln FFO/shr (diluted) $0.65 $0.62 $2.46 $2.36 Extra Gain (Loss) ($0.4 mln) -- ($0.4 mln) -- Net Income $10.3 mln $10.6 mln $41 mln...

February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $23 mln$21.4 mln $80 mln $68 mln FFO/shr (diluted) $1.19 $1.12 $4.14 $3.56 Extra Gain (Loss) -- ($0.3 mln) -- ($0.3 mln) Net Income $10.5 mln $1.3 mln $34.1 mln...

February 3, 2000 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. provided $42.2 million of floating-rate financing to a partnership between Goldman Sachs' Whitehall Street Real Estate Fund and Zamias Services Inc. for their purchase of a portfolio of...

February 3, 2000 NEEDHAM, Mass. – The Meditrust Cos. (NYSE:MT) has sold its medical office building management company for $204 million. It also sold several assisted-living facilities for a total of $32 million.The REIT sold its Paramount Real...

February 3, 2000 An investment group led by Franklin Resources has taken a 7.5 percent stake in the Macerich Co. (NYSE: MAC).The mutual-fund company's interest, which amounts to 2.7 million shares, was detailed in a Form SC 13G/A...