January 26, 2000 4th-Qtr 9912-mos 99FFO $0.7 mln$3.2 mln FFO/shr (diluted) $0.32 $1.41 Extra Gain (Loss) – $0.7 mln Net Income $0.08 mln $2.1 mln Net/shr$0.03 $1.46 Revenue$3.3 mln $11.3 mln Shares outst.2.3 mln2.3 mln

January 26, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $3.4 mln$2.8 mln $13.6 mln -- FFO/shr (diluted) $0.48 $0.39 $1.91 -- Net Income $2.1 mln $2 mln $8.7 mln $5.4 mln Net/shr$0.30 $0.28 $1.22 $0.97 Revenue$5.2 mln $3.4 mln...

January 26, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $10.2 mln$9.6 mln $40.7 mln $35.1 mln FFO/shr (diluted) $0.41 $0.38 $1.62 $1.47 Extra Gain (Loss) -- ($0.6 mln) -- ($0.6 mln) Net Income $5.8 mln $4.1 mln $21.3 mln...

January 25, 2000 IRVING, Texas – Rising interest rates have prompted FelCor Lodging Trust Inc. (NYSE: FCH) to cancel a proposed $200 million senior note offering.FelCor was planning to use proceeds of the note offering to fund a...

January 25, 2000Bank forecloses on office parkSarasota Herald-Tribune, January 25SARASOTA, Fla. –Penn West office park is scheduled to be sold on the Sarasota County Courthouse steps on Feb.15 for nonpayment of the $9.65 million. The lender, Massachusetts Mutual...

January 25, 2000 Franklin Resources Inc. has accumulated a 7.6 percent interest in Highwoods Properties Inc. (NYSE:HIW) The mutual-fund company's ownership of 4.7 million Highwoods shares was detailed in a Form 13G that was filed with the SEC.

January 25, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterFinal pricing that was expected on two commercial mortgage-backed securities deals today will likely be postponed until Wednesday, due to a wide-ranging blizzard in the Northeastern U.S. The deals,...

January 25, 2000 NEW YORK – A joint venture between Lexington Corporate Properties Trust (NYSE:LXP) and an institutional investor has purchased a 221,215-square-foot office building in Milford, Ohio, for $26.9 million, or $122/sf.The five-story building at 2000 Eastman...

January 25, 2000 Court gives Loewen OK to sell propertiesThe National Post, January 25VANCOUVER – United States Bankruptcy court has cleared the way for Loewen Group Inc. to sell up to 371 of its 1,300 funeral homes and...

January 25, 2000 Reckson Associates Realty Corp. (NYSE:RA) has filed a copy of a purchase and sales agreement for 1350 Avenue of the Americas with regulators.The 8-K filing details terms of Reckson's $126.5 million purchase of the 550,000-square-foot...

January 24, 2000 CLEVELAND – First Union Real Estate Investments (NYSE:FUR) is planning to spin-off to shareholders its parking operations.The REIT is forming Imperial Parking Corp., which will then be spun-off to shareholders, who will own the company...

January 24, 2000Bear Stearns Commercial Mortgage Securities, 2000-WF1ClassAmount($mln)Sub. Level(%)RatingDuff & PhelpsRatingFitchAvg.LifePricetalk(BP)BnchMarkA-1260.119.5AAAAAA5+88-90Treas.A-245519.5AAAAAA10+105-107Treas.B31.116AAAA10+120-122Treas.C35.512AA10+135-137Treas.D8.911A-A-10+145-147Treas.E26.68BBBBBB10+180-185Treas.F8.97BBB-BBB-10+240-250Treas.X*888.3N/AAAAAAA--+350 areaTreas.* Interest only.

January 24, 2000OAK BROOK, Ill. – CenterPoint Properties Trust (NYSE:CNT) and a venture between the California Public Employees Retirement System and Jones Lang LaSalle (NYSE:JLL) have formed an investment fund to buy industrial properties in the Midwest.The venture...

January 24, 2000 WHITE PLAINS, N.Y. – BRE/St. Francis LLC of New York has agreed to buy the 1,192-room Westin St. Francis in San Francisco for $243 million, or $204,000/unit.The property was purchased from Westin St. Francis LP,...

January 24, 2000 By Brad Berton, IPGDirect.com Contributing EditorOnvia.com has agreed to lease the entire 102,000-square-foot Mercer Yale building that was just completed by Blume Co. in the South Lake Union area north of Seattle's central business district.Through...

January 24, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $17.8 mln $15.6 mln $70.7 mln $58.2 mln FFO/shr (diluted)$0.57 $0.52 $2.20 $2.00 Extra Gain (Loss) – ($0.4 mln) – ($0.6 mln) Net Income $15.1 mln $30.3 mln $45.7 mln...

January 24, 2000 City to sue developer over Wall TowerVancouver Sun, January 23VANCOUVER – The City of Vancouver is apparently preparing to sue Peter Wall, the developer of the city's tallest building, known as One Wall Tower. City...

January 24, 2000Firm to sell its downtown, Rocky Point buildingsTampa Tribune, January 23 TAMPA, Fla. – Toronto-based Oxford Properties has put its two local office buildings on the market: Rocky Pointe Centre in the Rocky Point district and...

January 24, 2000 The operating unit of Charles E. Smith Residential Realty Inc. (NYSE: SRW) has closed on the purchase of Ocean View at Sunset Pointe, a five-building, 1,470 unit property located in Southeast Florida, for about $102...

January 24, 2000ROCKVILLE, Md. – Hearings have been set for April 25 and 26 on the proposed disclosure statements filed in the bankruptcy case of Criimi Mae Inc. (NYSE:CMM) and its affiliates, Criimi Mae Holdings II and Criimi...

January 24, 2000 Davis Real Estate and its entities have accumulated a 5.5 percent interest in Alexandria Real Estate Equities Inc. (NYSE: ARE) as detailed in a Form SC 13G/A that was filed with the SEC.

January 24, 2000 By Paul Gereffi, IPGDirect.com CorrespondentWEST PALM BEACH, Fla. – The owner of Centrepark office park here plan to add 500,000 to 700,000 square feet of office space on 35 acres in the next three years,...

January 24, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterTwo commercial mortgage-backed securities deals that came to market last week are expected to price Tuesday, market watchers said today. Deutsche Banc Alex.Brown's $1 billion floating-rate deal COMM 2000-FL1...

January 24, 2000 Oxford Properties is offering the Rocky Point Centre and the SouthTrust Plaza in Tampa, according to the Tampa Tribune.The Toronto company, which plans to parlay proceeds of the sales into Canadian real estate, paid $26.2...

January 24, 2000 (NewsTraders.com) -- Sam Zell and affiliated entities filed with the SEC today to report holding a combined 6.0% stake in Equity Office Properties Trust (NYSE:EOP).Zell currently serves as chairman of the Chicago-based REIT.The investment group's...