February 9, 2000 Associated PressTOKYO – A U.S.-led investment group signed a contract today to buy the nationalized Long-Term Credit Bank of Japan, a bank spokeswoman said. The consortium, led by New York-based Ripplewood Holdings, signed the deal...

February 9, 2000 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) is planning to build a 418,000-square-foot office building at Sixth Street and Guadalupe in downtown Austin, Texas. The 23-story building, 300 West Sixth Street, has already been 40 percent...

February 9, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $182.5 mln$159.5 mln $685.7 mln $597.1 mln FFO/shr (diluted) $0.68 $0.61 $2.57 $2.33 Extra Gain (Loss) -- -- ($10.5 mln) ($7.5 mln) Net Income $134.3 mln $88.9 mln $382.1 mln...

February 9, 2000 WASHINGTON – Marriott Senior Living Services, a division of Marriott International Inc. (NYSE:MAR), and Toll Brothers Inc. (NYSE:TOL) have partnered to develop and manage an assisted living community in Reston, Va.Marriott MapleRidge of Reston, to...

February 9, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $11.1 mln$5.7 mln $32.8 mln $16.1 mln FFO/shr (diluted) $0.47 $0.40 $1.79 $1.35 Extra Gain (Loss) -- ($0.1 mln) -- ($0.1 mln) Net Income $1.2 mln $1.4 mln $6.3 mln...

February 9, 2000 Associated PressNORTH BERGEN, N.J. – Hartz Mountain Industries Inc. has leased 348,000 square feet of warehouse space here to Webvan Inc., a San Francisco-based online grocer.Webvan signed a 10-year lease valued at more than $30...

February 8, 2000 (NewsTraders.com) -- Schottenstein Stores Corp., issuing the next word in its ongoing dispute with Burnham Pacific Properties (NYSE:BPP), said today in a regulatory document that it remains "willing and eager" to participate in the bidding...

February 8, 2000 CHICAGO – AMLI Residential Properties Trust (NYSE:AML) has completed the sale of AMLI at Sope Creek in Atlanta for $42.5 million, or just over $61,000/unit.AMLI developed the 695-unit apartment complex in phases ending in 1995....

February 8, 2000 Grace and White Inc. has purchased 118,860 shares, or a 6.64 percent interest, in Urstadt Biddle Properties Inc. (NYSE:UBP) The company's interest was detailed in a Form SC 13G/A that was filed with the SEC.

February 8, 2000 ICM Asset Management has purchased 1,081,967 shares of Bedford Property Investors Inc. (NYSE:BED), giving it a 5.3 percent stake in the REIT. Details can be found in a Form SC 13G filed today with the...

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 8, 2000 BELLEVUE, Wash. – Kennedy-Wilson Inc. (NASDAQ:KWIC) has completed assembling 18.4 acres of land in Ellensburg, Wash., that Fred Meyer Stores will use to construct a 128,000-square-foot store. The assemblage, which involved buying parcels from five...

February 8, 2000 E Trade Group Inc. is subleasing 30,000-square-foot of retail space at 540 Madison Avenue from Callaway Golf Co., according to the New York Post.Callaway had signed a lease for the space two years ago, but...

February 8, 2000 Two classes of mezzanine bonds from Heller Financial Commercial Mortgage Asset Corp., 2000-PH1, were not pre-sold as indicated in a Jan. 27 price-guidance table and a Jan. 27 story, "Mezzanine Classes Shine in $888.3 Mln...

February 8, 2000 Associated PressTOKYO – A real estate firm managed by singer Masao Sen filed for liquidation with the Tokyo District Court last Friday, citing liabilities of about 103.4 billion yen (US$951 million), according to credit research...

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...