February 2, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterIllustrating strong investor demand for floating-rate real estate bonds, Salomon Smith Barney's $452.3 million commercial mortgage-backed securities deal priced fairly well earlier this week.The deal's $235.2 million triple-A class,...

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $69.7 mln$58 mln$258.8 mln $215.1 mln FFO/shr (diluted) $0.92 $0.79 $3.46 $2.96 Net Income $74 mln$31.8 mln $187.3 mln $130.4 mln Net/shr$1.12 $0.50 $2.89 $2.07 Revenue$169.8 mln $151.4 mln $643.8...

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $11.5 mln$11 mln $46 mln $42.5 mln FFO/shr (diluted) $0.38 $0.37 $1.51 $1.45 Net Income $9.6 mln $8.6 mln $35.3 mln $32.4 mln Net/shr$0.31 $0.29 $1.16 $1.10 Revenue$19.6 mln $18.3...

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $38.6 mln$38.6 mln $152.4 mln $138 mln FFO/shr (diluted) $0.83 $0.76 $3.20 $2.95 Net Income $12.2 mln $14.8 mln $52.3 mln $48 mln Net/shr$0.29 $0.32 $1.23 $1.12 Revenue$96.9 mln $87.1...

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $4.8 mln$4.3 mln $18.5 mln $17.3 mln FFO/shr (diluted) $0.51 $0.46 $1.95 $1.82 Net Income $2.9 mln $2.8 mln $13.7 mln $11.5 mln Net/shr$0.31 $0.29 $1.44 $1.21 Revenue$7.5 mln $6.2...

February 2, 2000 The Chicago Board of Trade might be convinced to offer its 1.2 million-square-foot headquarters.A recent study conducted by Ernst & Young LLP determined the property could be sold for about $125 million, according to the...

February 2, 2000COLORADO SPRINGS, Colo. – Intel Corp. has struck a deal to buy a vacant 450,000-square-foot manufacturing facility in Colorado Springs from Rockwell Semiconductor Systems.According to the Denver Rocky Mountain News, Intel is paying about $60 million...

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $2.6 mln$2.8 mln $10.8 mln $10.3 mln FFO/shr (diluted) $0.35 $0.38 $1.43 $1.44 Extra Gain (Loss) -- -- -- ($0.05) Net Income $0.7 mln $1.1 mln $3.5 mln $4.4 mln...

February 2, 2000 . 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $16.4 mln$14.8 mln $63.6 mln$53.2 mln FFO/shr (diluted) $0.67 $0.61 $2.59 $2.34 Net Income $26.4 mln $10.6 mln $51.7 mln $29.7 mln Net/shr$1.28 $0.52 $2.49 $1.49 Revenue$31.8 mln $31.2...

February 2, 2000 Go To Initial Price Talk (Jan. 27)Go To Revised Price Talk (Feb. 1)Heller Financial Commercial Mortgage Asset Corp., 2000-PH1ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifePriceTalk(BP)BnchMarkA-117126.5AAAAaa5.7+109.5Treas.A-2532.326.5AAAAaa9.5+128.75Treas.B43.122AAAa29.8143.75Treas.C47.817AA29.8156.75Treas.D11.915.75A-A39.9166.75Treas.E*35.912BBBBaa29.9186.75Treas.F*14.410.5BBB-Baa39.9251.75Treas.X**956.9--AAAAaa9.3NATreas.* Privately placed. ** Interest only, notional amount. N/A Not available.

February 2, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $63.7 mln$62.2 mln $286.9 mln $217.4 mln FFO/shr (diluted) $0.87 $0.82 $3.81 $3.75 Extra Gain (Loss) -- -- ($1.1 mln) ($3.1 mln) Net Income $17.3 mln $24.2 mln $106.3 mln...

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...