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 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 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...

January 7, 2000 NEW YORK – W. P. Carey & Co. has acquired four Texas properties on behalf of Corporate Property Associates 14, a private REIT it oversees.The industrial properties, which were purchased for $30 million, were all...

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 6, 2000 Keystone Property Trust (AMEX:KTR) has filed a Form 8-K with the SEC.

January 6, 2000 Charles E. Smith Residential Realty Inc. (NYSE:SRW) has filed a Form 8-K with the SEC.

January 6, 2000 Metropolitan Life is once again shopping Leadership Square in Oklahoma City after a proposed sale to HRPT Properties Trust (NYSE:HRP) fell through.HRPT had been negotiating to buy the 736,000-square-foot office complex – widely viewed as...

January 6, 2000SAN DIEGO – Burnham Pacific Properties Inc. (NYSE:BPP) has sold its interest in BPP Retail LLC, a joint venture with California Public Employees' Retirement System, for $39.4 million.Burnham Pacific is using the $29.1 million of cash...

January 6, 2000 REDWOOD CITY, Calif. – DHL Airways is moving its corporate headquarters to San Francisco from Redwood City. DHL will begin its move to 50 California Street in December 2000, when the five-year lease on its...

January 6, 2000 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE:SPK) has signed leases totaling 311,000 square feet at two office developments near the San Jose International Airport. The 133,000-sf Concourse V and 210,00-sf Concourse VI have an...

January 6, 2000 IRVING, Texas – American Industrial Properties (NYSE:IND) has sold a 208,290 square-foot industrial property in Elk Grove Village, Ill., for $7.7 million.AIP had held the property since December 1997.The sale is part of the REIT's...

January 6, 2000 Development Board approves hotel's first phaseSarasota Herald-Tribune, January 6SARASOTA, Fla. – The Sarasota Review Committee has cleared the way for the first phase of development of the proposed Ritz-Carlton Hotel project. The 17-story, 272-room hotel...

January 6, 2000 Bids still coming in for Imasco's GenstarThe National Post, January 6MONTREAL – Imasco Ltd. will accept bids for its Genstar Development Co. for another two weeks. So far, the company said, 12 of 31 parties...