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 17, 1999 WASHINGTON – REITs can now generate income from a wider variety of activities, thanks to a bill that was signed into law by President Bill Clinton. The law also reduces the share of taxable income,...

December 17, 1999 (NewsTraders.com) -- Camden Property Trust (NYSE:CPT) is registering to sell up to $660 million of mixed securities under an S-3 shelf filing released by the SEC this afternoon.The securities include debt, warrants, and preferred and...

December 17, 1999 AUSTIN, Texas – SiteStuff.com, a website designed to facilitate the purchase of goods and services by property owners, has raised about $5.5 million of venture-capital funding from Sevin Rosen Funds, Centerpoint Ventures, Rho Management, Ernst...

December 17, 1999 Cornerstone Properties Inc. (NYSE:CPP) is planning to issue 16.2 million common shares to holders of an equal number of shares in Cornerstone Properties LP, the REIT's affiliated limited partnership. The REIT's plan was disclosed in...

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 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...

December 15, 1999 SEATTLE – Franchise Finance Corp. of America (NYSE:FFA) has struck an agreement to sell loans that it originates to Washington Mutual Inc. (NYSE:WM). But the lender is still planning to securitize up to $400 million...

December 15, 1999 Ohio firm to start work on Southpoint office developmentFlorida Times-Union, December 15JACKSONVILLE, Fla. – Ohio-based Miller-Valentine Group plans to start construction this month on an $11-million office development in Southpoint. Plans call for a three-story,...

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....