February 1, 2000 Exports, more jobs crank up economyThe Globe and Mail, February 1TORONTO – The Canadian economy cranked up the pace in November with a huge expansion that was driven by strong export growth and a big...

February 1, 2000 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) has signed Keystone Mercy Health Plan to a 15-year lease for 303,149 square feet of office space at the Airport Business Center in Lester, Pa. Keystone will...

February 1, 2000 Developer buys back medical buildingsPalm Beach Post, February 1WEST PALM BEACH, Fla. – Developer Bruce Rendina is buying back most of the $200-million portfolio of medical buildings he sold two years ago to the Meditrust...

February 1, 2000The $956.9 commercial mortgage-backed securities conduit from Prudential Securities, Heller Financial and Residential Funding Corp. will price Wednesday morning, according to an executive involved in the deal. Earlier today, price guidance was revised outward, reflecting current...

February 1, 2000By Debra Beachy, IPGDirect.com CorrespondentHOUSTON – Although Fort Worth has among the country's highest office vacancy rates, a unit of CB Richard Ellis has ranked the Texas city second, after New York City, as the best...

February 1, 2000 VIENNA, Va. – A unit of WMF Group (NASDAQ:WMFG) has been selected as national loan servicer by UNUMProvident Corp.The transaction adds 154 commercial mortgages, with a balance of $657 million, to WMF Washington Mortgage Corp.'s...

February 1, 2000 (NewsTraders.com) -- Boston-based investment firm Schooner Capital LLC disclosed Friday afternoon in a regulatory filing that it recently expressed interest in working with Golf Trust of America (AMEX:GTA) on a 'going private' transaction.Schooner, which forwarded...

February 1, 2000 NEW YORK – Goldman Sachs' Whitehall Street Real Estate LP XI and McNeil Partners LP have acquired 12 limited partnerships that were put together by McNeil.In addition, the team has acquired certain assets of McNeil...

February 1, 2000 BETHESDA, Md. – Prudential Mortgage Capital Co. has joined Redbricks. Com as a direct lender. Prudential, a unit of the Newark, N.J., insurance firm, becomes one of 23 commercial and multi-family lenders that bid on...

February 1, 2000 CEDAR RAPIDS, Iowa – Aegon USA Realty Advisors has agreed to buy all the real estate owned by USP Real Estate Investment Trust, a small REIT that it advises.A purchase price was not disclosed. But...

February 1, 2000NEEDHAM, Mass. – The Meditrust Cos. (NYSE: MT) has adopted a reorganization plan that will effectively take it out of the healthcare industry and reduce its leverage.As a result of the reorganization, the REIT is suspending...

February 1, 2000 Price talk from last week on the Heller 2000-PH1 issue widened significantly today, in line with swap spreads. The following is the revised guidance. Final pricing on the deal could come later today, or early...

February 1, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $39.4 mln$30.1 mln $145.1 mln $112 mln FFO/shr (diluted) $0.70 $0.61 $2.61 $2.34 Net Income $40.5 mln $24.9 mln $148.7 mln $95.7 mln Net/shr$0.72 $0.51 $2.68 $2.00 Revenue$57.3 mln $46.8...

February 1, 2000 Boston Properties, which last week purchased Reston Overlook in Reston, Va., had owned a 25 percent interest in the 444,000-square-foot, two-building complex.When the Boston REIT had announced its purchase, it did not disclose the size...

Walden Residential Properties Inc. (NYSE:WDN) has filed a Form DEFM14A (Definitive Proxy Statement) with the SEC.

January 31, 2000 NEW YORK – Investcorp has made more than $50 million in real estate this month.The company, an investment firm run by Nemir A. Kirdar, who headed Chase Manhattan's operations in the Arabian Gulf during the...

January 31, 2000 NEW YORK – Julien J. Studley Inc. is making a move to increase its international presence by forming a partnership with Lambert Smith Hampton, a unit of WS Atkins. The partnership, LSH.Studley.net, allows Studley to...

January 31, 2000 Rental complex changes handsSarasota Herald-Tribune, January 31VENICE, Fla. – The Falls of Venice apartment complex has been sold in a $70 million portfolio purchase of five Florida and Pennsylvania properties to a private Orlando company...

January 31, 2000 Bear Stearns has filed a preliminary prospectus with the SEC for an $888.3 million commercial mortgage-backed securities issue that priced last week.Go to Final Pricing Table in the IPGDirect.com ArchiveCollateral for the conduit deal was...

January 31, 2000 Rental complex changes handsSarasota Herald-Tribune, January 31VENICE, Fla. – The Falls of Venice apartment complex has been sold in a $70 million portfolio purchase of five Florida and Pennsylvania properties to a private Orlando company...

January 31, 2000 In what the Nomura Real Estate Development Co. is calling the "the first public offering of securitized residential real estate in Japan," the Mori Building Co. will securitize two residential apartment buildings it operates in...

January 31, 2000BOSTON – Boston Properties Inc. (NYSE: BXP) has acquired full ownership of Reston Overlook, a 444,000-square-foot office complex in Reston, Va.The Boston REIT paid a total of $84 million for the interest, which a spokesperson said...

January 28, 2000 Penreal Capital Management has paid C$121 million ($84.3 million) for a portfolio of office buildings in the Ottawa area, according to the Ottawa Citizen.The 10-building portfolio, which total 1.2 million square feet, were purchased from...

January 28, 2000 (NewsTraders.com) -- Forest City Enterprises (NYSE:FCEA), a property management company, was initiated today with a "buy" rating by McDonald Investments analyst Richard Moore, who set a 12-month target of $38 on its Series A shares.In...

January 28, 2000 DALLAS – Amresco Inc. (Nasdaq: AMMB) has closed the sale of about $182 million of its real estate structured finance loans, resulting in about $170 million in proceeds. Consistent with the company's strategy to de-leverage...