January 11, 2000 NEW YORK – Impac Commercial Holdings Inc. (AMEX:ICH) and Amresco Capital Trust (NASDAQ:AMCT) have terminated their merger agreement.Impac, which is managed by an affiliate of Fortress Investment Group, an opportunistic investment firm led by Wes...

January 11, 2000 HOUSTON – Camden Property Trust (NYSE:CPT) said six executives have purchased 666,000 Camden common shares for $17.5 million.Their purchases were funded by personal loans they received from Bank One. Camden provided a corporate guarantee for...

January 11, 2000Office real estate enters the new decade a clear winner, though its very success is expected to bring slightly higher office vacancy rates in the year 2000. That is the general finding of the year 2000...

January 11, 2000 WASHINGTON – Cushman & Wakefield has been named the exclusive leasing agent for Washington Square, a 700,000-square-foot office building at 1050 Connecticut Avenue NW.Cushman & Wakefield's Mark Minich and Brian Raher, both based in the...

January 11, 2000 Associated PressSAN ANTONIO, Texas – Central Texas development company Barshop and Oles will sell six of its shopping centers. Company president Pat Oles told the San Antonio Express-News that no price has been set for...

January 11, 2000 SCOTTSDALE, Ariz. – Olympus Real Estate Corp. has formed Olympus Hospitality Group, bringing together the brands Rockresorts, Unique Hotels, Park Plaza International and Park Inns International under one operating structure.The new company will aggressively pursue...

January 11, 2000 Entities of French-based AXA have filed a Form SC 13G/A with the SEC that relates to the companies' combined 4.2 percent stake in Correctional Properties Trust (NYSE:CPV).

January 11, 2000 Amresco Inc. (Nasdaq:AMMB) has filed a Form 8-K with the SEC. The report relates to Amresco's sale of its asset management, commercial mortgage banking and real estate structured finance businesses to Lend Lease.

January 11, 2000 Dreman Value Management LLC has accumulated an 11.25 percent interest in Prison Realty Trust Inc. (NYSE:PZN) over the past three months. The firm's purchases were outlined in a Form SC 13D that was filed with...

January 11, 2000 CARY, N.C. – Konover Property Trust Inc. (NYSE:KPT) has sold two of its shopping centers to two private owners for a total of $5.4 million. A 142,000-square-foot property located in Casa Grande, Ariz., and built...

January 10, 2000Principal Life, Wells Fargo, John Hancock Mutual Life and Morgan Stanley are planning to team up on a $750 million commercial mortgage-backed securities transaction next month, according to Commercial Mortgage Alert.The newsletter said Morgan Stanley will...

January 10, 2000 NewsTraders.com) -- First Industrial Realty Trust (FR) received an improved outlook from Merrill Lynch, which raised its intermediate-term rating on the real estate investment trust, or REIT, to "accumulate" from "neutral" with a $30 price...

January 10, 2000 Walden Residential Properties Inc. (NYSE:WDN) has filed a Form 8-K with the SEC. The report relates to an amended and agreed merger among Walden, Oly Hightop Corp., and Oly Hightop Parent LP.

January 10, 2000 Warburg Dillon Read is planning a commercial mortgage-backed securities issue that could involve up to $1.6 billion of loans, according to Real Estate Investment & Finance. The newsletter said the investment bank is still looking...

January 10, 2000 MIAMI – After a six-month-long search, the Commercial Mortgage Securities Association has selected Trepp LLC to develop its commercial mortgage-backed securities collateral performance database.The database, which will be accessible to CMSA members via the group's...

January 10, 2000 (NewsTraders.com) -- SL Green Realty Corp. (NYSE:SLG) was initiated today with a lukewarm "hold" rating in new coverage by McDonald Investments analyst Anatole Pevnev, who noted his belief that the company's shares are fully priced...

January 10, 2000 NEW YORK – Wellsford Real Properties Inc. (AMEX:WRP) repurchased 1.5 million of its common stock through Dec. 31 as part of its plan to buy back 2 million shares. The amount purchased represents 7 percent...

January 10, 2000 OAK BROOK, Ill. – CenterPoint Properties Trust (NYSE:CNT) has raised $150 million through the issuance of senior unsecured notes.The notes are due Jan. 15, 2003 and carry a 7.9 percent interest rate. The notes were...

January 10, 2000Moody's has published a Pre-Sale Report for J.P. Morgan Commercial Mortgage Finance Corp., 2000-C9, an $814.4 million conduit issue that includes loans originated by J.P. Morgan and LaSalle Bank.Go to Story in the IPGDirect.com Archive

January 10, 2000 Buckhead's One Alliance Center awaits go-aheadAtlanta Journal-Constitution, January 9ATLANTA – Construction of the fourth office tower on the Buckhead Loop, recently renamed Lenox Road, is expected to start as early as next month. One Alliance...

January 10, 2000 TORONTO – RioCan Real Estate Investment Trust (Toronto:REI.UN) paid Canadian $40 million for four Quebec shopping centers.The properties total 622,000 square feet and were purchased from Burnac Corp. They are anchored by Metro-Richelieu, a dominant...

January 10, 2000 NCC buys 'key' Sparks St. buildingThe Ottawa Citizen, January 10 OTTAWA – The National Capital Commission has bought a 10-story commercial building at the corner of Sparks and Metcalfe streets to start the revitalization of...

January 7, 2000Lindbergh Plaza for sale: Center offered for new projectAtlanta Journal-Constitution, January 7ATLANTA – Noro-Broadview Holding Co. of the Netherlands has hired Grubb & Ellis Co.'s Atlanta office to market the 40-year-old Lindbergh Plaza Shopping Center in...

January 7, 2000 DALLAS – Olympus Real Estate Corp. has fine-tuned its agreement to acquire Walden Residential Properties, Inc. (NYSE:WDN). The fine-tuning is expected to resolve a pending shareholder lawsuit that sought to block the merger. In addition,...

January 7, 2000Fitch IBCA has issued a pre-sale report for an $814.4 million conduit transaction by J.P. Morgan and LaSalle Bank. Go to the Fitch IBCA Pre-Sale ReportThe issue is also being rated by Moody's, which is expected...