December 22, 1999 Highwoods Properties Inc. (NYSE:HIW) has filed Form 8-K with the SEC.

December 22, 1999 United Dominion Realty Trust Inc. (NYSE: UDR) has filed a Form 8-K (Current Report) withthe SEC.

December 22, 1999 NEW YORK – Millennium Partners completed its $122 million purchase of the Ritz-Carlton in Boston from Host Marriott Corp.The 275-room hotel will continue to be managed and operated by Ritz-Carlton Hotel Co., which will also...

December 22, 1999 CB Richard Ellis Investors will hold off marketing 225 W. Washington Street, a 475,000-square-foot office building in Chicago until early next year.According to the Wall Street Journal, the pension fund adviser, which owns the building...

December 22, 1999 A venture between LCOR Inc., Argent Ventures and Lehman Brothers Inc. paid about $85 million, or $115/sf, for The Landmark at Eastview, an office park in Westchester County, according to the Wall Street Journal.The newspaper...

December 22, 1999 TORONTO – Walton Street Capital has acquired a majority interest in the Four Seasons Resort Scottsdale at Troon North, in Scottsdale, Ariz., from Four Seasons Hotels Inc. (NYSE:FS).Terms of the purchase were not disclosed. Four...

December 22, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has opened a commercial loan origination office in Toronto that will operate under the name GMACCM of Canada Ltd.The office is headed by John M. Beam Jr., senior...

NEW YORK – Investcorp and Crow Holdings of Dallas have paid more than $40 million for Essex Green Shopping Center – a 325,000-square-foot shopping center in West Orange, N.J.The anchor tenants of the property, which was built in...

December 22, 1999 RALEIGH, N.C. – Highwoods Properties Inc. (NYSE:HIW) has completed the sale of 36 central Florida office properties in an all-cash transaction valued at $165.3 million. In November, the company estimated the capitalization rate on the...

December 22, 1999 MOUNT KISCO, N.Y. – American Real Estate Partners LP (NYSE:ACP) has reached an agreement in principle to acquire Bayswater Realty and Capital Corp. from its chairman, Carl C. Icahn, for $90 million in cash.The acquisition...

December 22, 1999 NEWTOWN SQUARE, Pa. – Brandywine Realty Trust (NYSE:BDN) has sold 100 West Road, in Towson, Md., to Maryland State Retirement and Pension Systems for $16.3 million, or $136 per square foot.The 119,980-sf, five-story office building...

December 22, 1999 ARLINGTON, Va. – Charles E. Smith Residential Realty Inc. (NYSE: (NYSE:SRW) is buying a portfolio containing 2,669 apartment units in Southeast Florida from a partnership of institutional investors for $178 million, or $66,700/unit.The portfolio includes...

December 22, 1999 Criimi Mae Inc. (NYSE:CMM) has filed Form 8-K with the SEC.

December 22, 1999 Chase picks Dallas, Tampa over AtlantaAtlanta Journal-Constitution, December 22ATLANTA – Chase Manhattan, which had been looking in Atlanta's northern arc to build up to one million square feet of office space, has decided to relocate...

December 22, 1999 Franchise Finance Corp. of America (NYSE:FFA) has filed a Form 8-K with the SEC.

December 22, 1999 Starwood Hotels & Resorts (NYSE: HOT) has filed a Form 8-K (Current Report) with the SEC.

December 22, 1999 KANSAS CITY, Mo. – Aventis Pharmaceuticals has signed a long-term lease for 620,000 square feet at the Somerset Corporate Center in Bridgewater.The pharmaceutical company will house its North American Commercial Operations at the site, which...

December 21, 1999 Rayonier chooses NationsBank TowerFlorida Times-Union, December 21JACKSONVILLE, Fla. – Timber giant Rayonier Inc. has agreed to lease 33,000 square feet on two floors in the downtown NationsBank office tower for its headquarters operation. The company...

December 21, 1999 DENVER – Apartment Investment and Management Co. (NYSE:AIV) has agreed to buy the general and limited partnerships in 15 apartment complexes containing 7,793 units for $296 million, or about $38,000/unit.The partnerships are controlled by the...

December 21, 1999PITTSBURGH – A $20.5 million downtown apartment project is planned for two historic buildings here. The buildings, 911 and 921 Penn Ave., originally developed in 1905 and 1906 as a department store with warehouse space, will...

December 21, 1999 BOSTON – Stone & Webster Inc. (NYSE: SW), an industrial consulting firm, expects to close on the sale of its headquarters building at 245 Summer Street in Boston Dec. 28.The buyer is Fidelity Corporate Real...

December 21, 1999 (NewsTraders.com) -- Real estate investment trusts, laggards in the stock market during 1999, appear to be picking up steam as the year draws to a close, aided by a choice strategic alliance, the weighty hand...

December 21, 1999 One Liberty Properties Inc. (AMEX:OLP) has filed Form 8-K with the SEC. The company has increased the size of its board to seven from five, adding Matthew Gould and Jeffrey Gould.

December 21, 1999 ANN ARBOR – Captec Net Lease Realty Inc. (NASDAQ: CRRR) is consolidating its operations and will give up its REIT status. It is also slashing its quarterly dividend to 11 cents/share from 38 cents/share.The REIT...

December 21, 1999 (NewsTraders.com) -- The Commerce Department releases its report on Retail Sales for October at 10 a.m., according to an economic data calendar compiled by Equity Analytics.