February 8, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterGoldman Sachs is leading a $112 million commercial mortgage-backed securities deal, according to Wall Street sources.The floating-rate transaction is said to be secured by a number of New York...

February 8, 2000 A unit of State Farm Mutual Insurance has purchased 3.2 million shares, or a 7.22 percent, stake in BRE Properties Inc. (NYSE:BRE). The company filed a Form SC 13G/A with the SEC.

February 8, 2000 RONA's plan includes superstores in OntarioThe National Post, February 8TORONTO – RONA Inc. plans to open 27 big box home improvement stores across Ontario. The Quebec-based company unveiled its plans as it gave further details...

February 8, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $20.9 mln$18.9 mln $80.6 mln $71.2 mln FFO/shr (diluted) $0.65 $0.59 $2.50 $2.30 Net Income $8.3 mln $10.2 mln $39.9 mln $38.8 mln Net/shr$0.30 $0.37 $1.44 $1.43 Revenue$42.6 mln $39.3...

February 8, 2000 Owner of downtown building wants to keep PrudentialFlorida Times-Union, February 8JACKSONVILLE, Fla. – Representatives of a downtown building are requesting help from the city to keep Aetna-owned Prudential Health Care at 841 Prudential Drive rather...

February 8, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $9.3 mln$12.2 mln $45.2 mln $47.6 mln FFO/shr (diluted) $0.34 $0.43 $1.64 $1.71 Net Income (Loss) ($9.3 mln) $8.5 mln $16.7 mln $37.7 mln Net (Loss)/shr($0.34) $0.30 $0.61 $1.39 Revenue$20.7...

February 8, 2000 A unit of Morgan Stanley Dean Witter has started accumulating interests in real estate companies.The firm's mutual-fund operation, Morgan Stanley Dean Witter Investment Management Inc., had previously reported taking a 14.9 percent interest in Wellsford...

February 7, 2000 Southside gets new office spaceBusiness Journal of Jacksonville, February 7JACKSONVILLE, Fla. – Trammell Crow is nearly finished with a 225,000-square-foot office building in Bowden Commerce Center. The project, at Bowden and Salisbury Roads, is a...

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 7, 2000 Integra Realty Resources, a national appraisal firm, has added eight new offices around the country. Integra was formed this past summer when 25 regional valuation and consulting firms in 22 states merged to create a...

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

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 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 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...