December 9, 1999Rating agencies Standard & Poor's and Duff & Phelps have issued presale reports for GMAC Commercial Mortgage Securities Inc., 1999-CTL1, a $385.98 million transaction. The private deal is being underwritten by Goldman, Sachs and Deutsche Banc...

December 9, 1999 Federal plan boosts Hall of Fame projectThe Ottawa Citizen, December 9 OTTAWA – The federal government will seek a private developer for a new commercial office building on the edge of Confederation Square – a...

December 9, 1999CDC Capital $550 Mln Floating-Rate CMBS*ClassAmount($mln)Sub. Level(%)RatingAvg. LifePriceTalk(BP)BnchMarkA29147AAA2 yrs+421 mo. LiborB41.239.5AA2 yrs+701 mo. LiborC43.9331.5A3 yrs+1401 mo. LiborD43.9323.5BBB3 yrs+2501 mo. LiborE2219.5BBB-3 yrs+3501 mo. Libor*Official name of issue and average life information not immediately available.

December 9, 1999 J.P. Morgan Mortgage Capital Inc. provided $25.3 million of fixed-rate financing for Penn Mar shopping center, a 369,000-square-foot shopping center in Forestville, Md.The property, Penn Mar Shopping Center, is an anchored retail center with tenants...

December 9, 1999 Expanding riverfront residential riles city officialsSun-Sentinel, December 9FORT LAUDERDALE – A small-rise, 410-unit apartment building has quietly evolved into a 902-unit village with high rises, and city commissioners demand to know why. The New River...

December 9, 1999 PORTLAND, Ore. – Columbia Housing, a unit of PNC Bank Corp., has formed a $55 million investment fund that will develop and buy affordable multi-family properties throughout the country.In addition, the firm has begun raising...

December 9, 1999 FORT WORTH, Texas – Hillwood, a real estate company run by Ross Perot Jr., has set up a program where it takes equity interests in Internet companies that lease space in its developments."With this new...

December 8, 1999 Tattered Dylex put on the blockThe Globe and Mail, December 8 TORONTO – Now that its president intends to quit, troubled retailer Dylex Ltd. has put itself on the block, but observers said it could...

December 8, 1999 The Rouse Company (NYSE: RSE) has filed a Form SC 13G/A (Amended Statement of BeneficialOwnership) with the SEC.

December 8, 1999 Allied Capital Corp. (NASDAQ:ALLC) has filed Form 497 prospectus for the issuance of 2.5 million common shares. The $49.2 million of equity that would raise would be used to pay down a short-term credit line...

December 8, 1999 NEW YORK – RFR Holding LLC has completed its purchase of 17 State Street in downtown Manhattan for about $120 million, or $222/sf.RFR acquired the building from Savannah Teachers Properties, a unit of Teachers Insurance....

December 8, 1999By Brad Berton, VertiNews.com Contributing Editor An investment fund managed by M&H Realty Partners of San Francisco has purchased a half dozen anchored community centers, most of which are located in Southern California and Arizona. The...

December 8, 1999 Associated PressDOVER, Ohio – The mayor of Dover says he will work with the state and others to find a company interested in taking over the A-K Steel plant scheduled to close here next month....

December 8, 1999 CARY, N.C. – Konover Property Trust Inc. (NYSE: KPT) has named Daniel J. Kelly to the position of senior vice president and chief accounting officer. In his new position, Kelly will oversee all of the...

December 8, 1999 JERSEY CITY, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) has entered into an agreement with Lincoln Property Co. to contribute its land on the north pier of Harborside Financial Center in Jersey City for the...

December 8, 1999Associated PressDALLAS – The Dallas City Council will consider today whether it will trade financial incentives for the addition of 700 jobs at Yahoo! Broadcast, which comes with the guarantee that the company will stay in...

December 8, 1999Starwood Hotels & Resorts (NYSE: HOT) has filed a Form 424B5 prospectus with the SEC. The company is planning to offer 200,000 common shares that could be issued or sold to employees as part of a...

December 8, 1999 Associated PressWEST HOLLYWOOD, Calif. – Warner Bros., oversubscribed on studio space, is selling a historic lot that produced such films as "West Side Story" and "The Thief of Baghdad." BA Studios, a subsidiary of real...

December 8, 1999 The Associated PressDENVER – New York-based Cornerstone Properties Inc. (NYSE:CPP) is selling the distinctive cash-register-shaped One Norwest Center in Denver's downtown for $220 million.A company that advises the California Public Employees Retirement System could close...

December 8, 1999 Lend Lease Corp. Ltd., the giant Australian real estate services firm, said today that its American subsidiary, Lend Lease Real Estate Investments, has inked agreements to acquire five of Amresco Inc.'s (NYSE: AMMB) commercial mortgage...

December 8, 1999 A 139,000 square-foot office building in Morris Township, northern New Jersey, has been sold for more than four times what it was purchased for in 1995, according to today's Wall Street Journal.Massachusetts Mutual Life Insurance...

December 8, 1999 A large list of Tier 1 and Tier 2 bonds is scheduled for bidding at 1 p.m. EST, sources say. The bonds reportedly consist of very high quality transactions from CMBS deals involving GMAC, Morgan...

December 8, 1999 Tropicana not moving to Lakewood RanchSarasota Herald-Tribune, December 8BRADENTON, Fla. – Tropicana Inc. has purchased ten acres of land next to its current Bradenton office complex and plans to expand at that location. With this...

December 8, 1999 Felcor Lodging Trust Inc. (NYSE: FCH) has filed a Form 4 (Statement of Changes ofBeneficial Ownership) with the SEC.

December 7, 1999 Kimco Realty Corp. (NYSE: KIM) has filed a Form 424B3 (Prospectus Filed Pursuant to Rule424) with the SEC.