December 17, 1999 Whispers of La Ronde deal go roundMontreal Gazette, December 17 MONTREAL – A deal may be near that would clear the way for the Reichmann family to build a $1-billion sports and entertainment theme park...

December 17, 1999 (NewsTraders.com) -- Two officers at Ocwen Financial Corp. (NYSE:OCN) combined to sell 117,000 shares of the savings and loan holding company in November, according to Form 4 filings released Dec. 15 by the SEC.Senior Managing...

December 17, 1999 WASHINGTON, DC – Pamela Hinton has been named president of The Society of Industrial and Office Realtors. Hinton replaces Bonnie S. Gottlieb, who had been president since early 1998.Hinton has been senior vice president of...

December 17, 1999 ORLANDO, Fla. – CNL American Properties Fund Inc. has provided $56.1 million of debt financing to the buyers of 54 Wendy's restaurants in the Memphis, Tenn., area.The financing was provided to Valenti Mid South Management...

December 17, 1999 CV REIT Inc. (NYSE:CVI) has filed a Form 8-K with the SEC. This current report includes the Dec. 10 agreement and plan of reorganization and merger among Kranzco, KRT Trust, CV REIT and Kramont Realty...

December 16, 1999 Kilroy Realty Corp. (NYSE:KRC) has filed a Form 8-K with the SEC.

December 16, 1999 CLEVELAND – First Union Real Estate Investments (NYSE:FUR) has completed the sale of six southwest regional malls to a joint venture of Whitehall Street Real Estate LP XI (a fund sponsored by Goldman Sachs) and...

December 16, 1999 CDC Securitization Corp., Series 1999-FL1ClassAmount($mln)Sub. Level(%)RatingMoody'sRatingFitchAvg.LifePriced(BP)BnchMarkA289.647AAAAAA1.98+45LiborB4139.5AA2AA2.25+68LiborC43.731.5A2A2.98+130LiborD43.723.5BAA2BBB2.98+230LiborE21.919.5NRBBB-2.98+350Libor

December 16, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. (NYSE:FRW) has sold a 63,000-square-foot shopping center in Bolingbrook, Ill., for $9.2 million.A private investment partnership bought Pheasant Hill Plaza with a combination of cash and the...

December 16, 1999 LABELLE, Fla.– Alico Inc., an agricultural company in Florida, has agreed to sell 2,500 acres of land in Lee County to Naples/Dallas Venture Inc. for $50 million.Naples/Dallas, whose principals include Florida Real Estate Consultants, will...

December 16, 1999 Miami firm offers bid on Equitable BuildingAtlanta Journal-Constitution, December 16ATLANTA – Parmenter Co. is negotiating with Jones Lang LaSalle and Nippon Landic Co. to buy the 594,000-square-foot Equitable Building on Peachtree Street in downtown. The...

December 16, 1999 Franchise Finance Corp. of America (NYSE:FFA) has filed a Form S-8 with the SEC. This registration statement relates to an additional 1.5 million shares of the company's common stock including the preferred share purchase issuable...

December 16, 1999 B.C. Pension fund eyes Sun Life buildingNational Post, December 16TORONTO – Fresh off the massive purchase of the property portfolio of Canadian Imperial Bank of Commerce, the British Columbia Investment Management Corp. has made an...

December 16, 1999 Capstead Mortgage Corp (NYSE: CMO) has filed a Form SC 13E4/A (Amended Issuer TenderOffer Statement) with the SEC.

December 16, 1999 CHARLOTTE, N.C. – Summit Properties Inc. (NYSE:SMT) has completed its 1999 disposition program with the sale of a 180-unit apartment community in Greenville, S.C., for about $8 million.The sale of the community, formerly named Summit...

December 15, 1999 Bell sells property unit National Post, December 15TORONTO – Bell Canada will sell its wholly owned property management unit to Profac Facilities Management Services Inc., a joint venture owned by Bracknell Corp. and SNC-Lavalin Inc....

December 15, 1999 ATLANTA – JDN Realty Corp. (NYSE:JDN) has sold three North Carolina shopping centers with a total of 1 million square feet of space to a private REIT affiliated with a pension fund for $78.5 million.JDN...

December 15, 1999 Goldman Sachs has agreed to pay $100 million to Colgate-Palmolive for three development sites on 20 acres on the Jersey City waterfront.According to the Wall Street Journal, the investment bank will construct a massive mixed-use...

December 15, 1999 Tishman Speyer Properties has agreed to pay $540 million, or $415/sf, for 666 Fifth Avenue in Midtown Manhattan, according to the Wall Street Journal.The 1.3 million-square-foot office building is being purchased from Sumitomo Realty &...

December 15, 1999 CHICAGO – Lend Lease US Office Trust, a unit of Lend Lease Real Estate Investments Inc., has completed the purchase, for $533.9 million, of an interest in seven office buildings owned by Equity Office Properties...

December 15, 1999 NEW YORK – Duff & Phelps Credit Rating Co. has upgraded $591 million of cumulative preferred stock of Apartment Investment and Management Co. (NYSE:AIV) to double-B-plus from double-B.The upgrade is based on improvement in AIMCO's...

December 15, 1999 Equity Office Properties Trust (NYSE:EOP) has filed a Form 8-K (Current Report) withthe SEC.

December 15, 1999 LOS ANGELES – GIC Real Estate Inc., the real estate investment arm of the Government of Singapore Investmetn Corp., has committed to invest $20 million to Commercial Mortgage Investment Trust Inc., a private REIT managed...

December 15, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) has sold a 133,861-square-foot retail property in Federal Way, Wash., for $15.2 million.The property is net-leased to Eagle Hardware & Garden Inc., which pays $1.23 million of...

December 15, 1999Associated PressSAN FRANCISCO – Oil giant Chevron Corp. has sold its two San Francisco headquarters buildings to a venture between Tishman Speyer and Travelers Insurance for $189 million, or $252/sf.The two buildings are at 555 Market...