January 21, 2000 Associated PressPHILADELPHIA – The Philadelphia Museum of Art will receive a $15 million unrestricted gift from its board chairman to purchase the Reliance Standard Life Insurance Co. building, an Art Deco landmark just across Kelly...

PARSIPPANY, N.J. – Switzerland, Germany, France, and the Netherlands are the safest real estate markets to invest in, while Peru, Venezuela, Indonesia and Russia represent the riskiest markets, according to a study of country risk premiums released today...

January 21, 2000 Stuart Dauman and Karen Zimmerman, the co-leaders of Credit Suisse First Boston's real estate operations, resigned this week, according to Commercial Mortgage Alert.The resignations were expected in the wake of the departure of former First...

January 21, 2000 Keystone Property Trust (NYSE: KTR) has filed a Form 424B3 (Prospectus Filed Pursuant toRule 424) with the SEC.

January 21, 2000 Auditor general to investigate NCC purchaseThe Ottawa Citizen, January 21OTTAWA – The Office of the Auditor General will review the National Capital Commission's controversial purchase of 100 Sparks St. The auditor general's office reviews NCC...

January 21, 2000 Jacksonville OKs business parkFlorida Times-Union, January 21JACKSONVILLE, Fla. – The city has given Highwoods Properties Inc. the go-ahead to clear land for its newest business park in Southside. Highwoods will clear 23 acres at 7805...

January 20, 2000 Technodome still under studyThe National Post, January 20MONTREAL – The Reichmann family's $1 billion Technodome amusement park remains a proposal as Montreal officials continue to study the impact the park would have on the city's...

January 20, 2000 Blue Lake Business Park for sale?Palm Beach Post, January 20BOCA RATON, Fla. – Sources say the 557-acre Blue Lake Business Park, the former IBM campus in Boca Raton, could be sold to a real estate...

January 20, 2000 Cornerstone Realty Income Trust Inc. (NYSE: TCR) has filed a Form 8-K (Current Report)with the SEC.

January 20, 2000 Charles E. Smith Residential Realty Inc. (NYSE: SRW) has filed a Form 8-K/A (AmendedCurrent Report) with the SEC.

January 20, 2000  4th-Qtr 994th-Qtr 9812-mos 9912-mos 98Net Income$21.0 mln$20.7 mln95.6 mln73.3 mlnNet/shr$0.58$0.57$2.63$2.02Revenue$88.8 mln $74.9 mln$348.0 mln$250.8 mlnShrs outst.36.2 mln36.0 mln36.3 mln36.3 mlnGo to Full Earnings Announcement

January 20, 2000 Crescent Real Estate Equities Co. (NYSE: CEI) has filed a Form SC 13G (Statement ofBeneficial Ownership) with the SEC.

January 20, 2000 United Investors Realty Trust (NYSE: UIRT) has filed a Form 3 (Initial Statement ofBeneficial Ownership) with the SEC.

January 20, 2000 Host Funding Inc. (NYSE: HFD) has filed a Form 3 (Initial Statement of BeneficialOwnership) with the SEC.

January 20, 2000 WASHINGTON, DC – Higher interest rates have taken a toll on the sale of apartment complexes.So says a survey of 86 apartment company executives conducted by the National Multi Housing Council. Of those responding to...

January 20, 2000Go To Moody's Pre-Sale Report. Deutsche Banc Alex. Brown – COMM 2000-FL1ClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifePriceTalk(BP)BnchMarkA699.530.25AaaAAA2.1+30-353-mo. LiborB57.724.5Aa2AA2.7+50-553-mo. LiborC12.523.25Aa2AA-2.7+60-653-mo. LiborD57.717.5A2A2.7+100-1103-mo. LiborE2015.5A2--2.7+110-1203-mo. LiborF40.111.5Baa1--2.7200 area3-mo. LiborG1510Baa2--2.7215 area3-mo. LiborH60.24Baa3--3300 area3-mo. LiborJ152.5Ba1--2.7--3-mo. LiborK250.0Ba2--2.7--3-mo. LiborX*$1.002BlnN/AN/AN/A----3-mo. Libor* Notional amount only.

January 20, 2000 CHICAGO – The downtown Chicago office market ended the year with a 10.5 percent vacancy rate, according to Cushman & Wakefield.Leasing activity for the year totaled 9.1 million square feet. Net absorption, or the amount...

January 19, 2000 By Brad Berton, IPGDirect.com Contributing EditorSEATTLE – Simpson Housing LP paid $7.9 million for 11.7 acres in suburban Seattle on which it plans to develop a 272-unit apartment complex.Part of the Denver firm's project will...

January 19, 2000 SAN FRANCISCO – Public real estate companies will report financial results that are better than expectations, according to analysts at Robertson Stephens."While we are predicting few positive and negative surprises and believe that most companies...

January 19, 2000 NCC to raze, rebuild entire blockThe Ottawa Citizen, January 19 OTTAWA –The National Capital Commission wants to demolish a downtown block and replace it with office towers, stores, restaurants and apartments in what would be...

January 19, 2000 Future of mixed-use Southbank projectto be determined soonFlorida Times-Union, January 19JACKSONVILLE, Fla. – Developers are deciding whether the $75 million St. John's Center project will rise from the Southbank. Hallmark Partners and Stiles Corp. have...

January 19, 2000 Lend Lease Real Estate Investments Inc. paid $51.6 million, or $217 per square foot, for 3 Imperial Promenade outside of the John Wayne International Airport in Orange County, Calif.The pension-fund adviser bought the 239,000-sf office...

January 19, 2000 LOS ANGELES – CB Richard Ellis (NYSE:CBG) has put Gregory S. Vorwaller, the president of its investment properties group, in charge of coordinating its national multi-housing group.The unit accounted for more than a third of...

January 19, 2000Associated PressSOMERSET, Ky. – A twin-engine plane crash south of the Somerset airport killed the founder of Hart Corp., a Pennsylvania real estate company, and three employees. "We're saddened by the loss of our founder and...

January 19, 2000 NEW YORK – Lend Lease Corp. has appointed Jill Ker Conway as chair elect. She will replace Stuart Hornery, who will retire as chairman in November.Conway, an Australian, will be based in Boston. She has...