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...

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...

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 28, 2000 By Paul Gereffi, IPGDirect.com CorrespondentJACKSONVILLE – Winn-Dixie Stores Inc. has signed a lease for 50,000 square feet of office space at Deerwood Park, on Jacksonville's Southside. There had been speculation that the grocery chain, which...

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...

January 28, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $27.1 mln$23.4 mln $105.7 mln $59.7 mln FFO/shr (diluted) $0.68 $0.64 $2.66 $2.44 Net Income $24.5 mln $19.4 mln $86 mln $40.5 mln Net/shr$0.57 $0.51 $1.99 $1.63 Revenue$52.1 mln $39.7...

January 28, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $4.5 mln$4.4 mln $17 mln $15.7 mln FFO/shr (diluted) $0.48 $0.47 $1.82 $1.71 Extra Gain (Loss) $0.2 mln ($0.04 mln) ($0.3 mln) ($0.2 mln) Net Income $1.4 mln $1.1 mln...

January 28, 2000 Glenview sells buildings, land in OttawaThe Ottawa Citizen, January 28OTTAWA – In the area's largest real estate deal in 20 years, Glenview Corp. has sold 13 properties – 1.2 million square feet of office space...

January 28, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $73.4 mln$68.9 mln $287.1 mln $224.9 mln FFO/shr (diluted) $0.51 $0.46 $1.97 $1.79 Extra Gain (Loss) -- -- ($1.1 mln) ($1.5 mln) Net Income $51 mln $64.3 mln $204.5 mln...

January 28, 2000Prospective Blue Lake buyer wants side deal for landPalm Beach Post, January 28BOCA RATON, Fla. – An unnamed investment group that wants to buy the Blue Lake Corporate Center for businesses involved in the telecommunications industry...

January 28, 2000 Glenborough Realty Trust Inc. (NYSE: GLB) has filed a Form 8-K with the SEC. The report provides an inventory of the company's properties as well as a summary of its debt.

January 28, 2000 (NewsTraders.com) -- Mark Mutkoski, Deutsche Banc Alex Brown's senior lodging analyst, checked into MeriStar Hotels & Resorts (NYSE:MMH) and apparently liked what he saw as he upgraded the stock this morning to "strong buy" from...

January 27, 2000High-rise planned for prime propertyThe Ottawa Citizen, January 27 OTTAWA – A group of unnamed investors is close to buying a parcel of land in downtown Ottawa from the city for $3.4 million. The firm, known...

January 27, 2000 Norfolk Southern seeking proposals for office complexAtlanta Journal-Constitution, January 27ATLANTA – Norfolk Southern Corp. plans a new regional office complex in Midtown or downtown Atlanta. The rail giant is soliciting proposals from developers for a...

January 27, 2000 LOS ANGELES – CB Richard Ellis (NYSE:CBG) said it would meet or beat analysts' earnings estimates of $1.09/share for the full year 1999. Earnings for 2000 would probably climb by at least 20 percent.Strong results...