December 7, 1999 CHATHAM, N.J. – Wellsford/Whitehall Group LLC has sold 1275 K Street NW in Washington, D.C., for $43.4 million, or $193/sf.Wellsford/Whitehall is a venture between Wellsford Real Properties Inc. (AMEX:WRP) and Goldman Sachs' Whitehall Street Real...

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

December 7, 1999 Kimco Realty Corp. (NYSE:KIM) has filed a 424(b)(3) prospectus for the issuance of $50 million of medium-term notes.

December 7, 1999 SAN FRANCISCO – Despa, Germany's largest real estate fund manager, has paid $39 million, or nearly $884/sf, for One Union Square, a very upscale retail property in San Francisco.CB Richard Ellis Investors, the investment management...

December 7, 1999 PEMBROKE PINES, Fla. – Weingarten Realty Investors (NYSE:WRI) has acquired the Pembroke Commons shopping center in Pembroke Pines, Fla., from a client of TA Associates of Boston.A sales price was not disclosed. TA's client was...

December 7, 1999 CHICAGO – The RREEF Funds has paid $73 million, or $155/sf, for the Mid-America Plaza, an office complex in Oak Brook, Ill.The two-building complex, which has a total of 471,000 square feet, was sold by...

December 7, 1999 PHOENIX – As expected, Finova Realty Capital has reached an agreement to originate fixed-rate commercial mortgages for J.P. Morgan & Co.'s conduit program.Go to Previous Story in the VertiNews.com ArchiveThe agreement means that Finova will...

December 7, 1999 New Plan Excel Realty Trust Inc. (NYSE:NXL) has filed a Form 10-Q/A with the SEC.

December 7, 1999 Prudential Insurance Co. is said to be offering a stake of more than 50 percent in One Beacon Street, a 1.1 million-square-foot office building in Boston.Prudential is said to have placed a $286 million, or...

December 6, 1999 Prison Realty Trust Inc. (NYSE: PZN) has filed a Form SC 13D (General Statement ofBeneficial Ownership) with the SEC.

December 6, 1999 Meditrust Corp. (NYSE: MT) has filed a Form SC 13G/A (Amended Statement of Beneficial Ownership) with the SEC.

December 6, 1999 VertiNews.com Staff Office rents at Japan's newest office buildings are still trending downward, according to research from the Nomura Real Estate Development Co. in Tokyo. Despite recent signs of overall economic recovery in Japan and...

December 6, 1999THP plans to purchase Middletown StationBusiness First of Louisville, December 6LOUISVILLE, Ky. – THP Development Co. has an option to purchase Middletown Station and the undeveloped outer parcels surrounding the Shelbyville Road shopping center. The sale...

December 6, 1999 CIBC real estate portfolio draws 'number' of offersThe National Post, December 4 TORONTO – As bidding closed Friday on the real estate assets of the Canadian Imperial Bank of Commerce, sources said a number of...

December 6, 1999 Keystone Property Trust (NYSE: KTR) has filed a Form 424B4 (Prospectus) with the SEC.

December 6, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. (NYSE:FRW) recently acquired four neighborhood shopping centers for a total price of $20 million. The purchase of the four centers, which together contain about 425,000 square feet,...

December 6, 1999 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has acquired a 101,800-square-foot service center flex complex in Phoenix for $7.1 million, or $69.92/sf.The nine-building complex is fully leased to six tenants with an initial going-in...

December 3, 1999 CHARLOTTE, N.C. – The Banc of America Securities commercial mortgage-backed securities index fell by 0.4 percent this week to 118.6. But it still outperformed comparable Treasuries by five basis points. CMBS have outperformed comparable Treasuries...

December 3, 1999 Veqtor Finance Co. has hiked its stake in Capital Trust Inc. (NYSE:MAC) to 9.6 million common shares, giving it a 43.41 percent ownership interest. Veqtor is controlled by the same parties that control Capital Trust....

December 3, 1999 HOUSTON – Weingarten Realty Investors (NYSE:WRI) has acquired the Pembroke Commons Shopping Center in Pembroke Pines, Fla. The center was purchased from an individual estate for an undisclosed sum.Pembroke Commons contains 314,400 square feet and...

December 3, 1999 Associated PressLITTLE ROCK, Ark. – A Minnesota real estate developer says his company will spend $15 million renovating two downtown Little Rock hotels. Michael Eaton says Lerner Renovations plans to buy and renovate the Legacy...

December 3, 1999 A recent decision the Fourth Appellate District of the California Court of Appeal held that a general partner has a fiduciary duty to a limited partner and the partnership not to purchase partnership debt for...

December 3, 1999 Black Bear buys office buildingCharlotte Observer, December 3CHARLOTTE, N.C. – Black Bear Cos. has formed an investment fund to buy a 53,005-square-foot office building at 1100 S. Tryon St. for slightly more than $5.27 million....

December 3, 1999 Lai Sun Hotels recovered $20.3 million for its 25 percent interest in the Regent Beverly Wilshire Hotel in Los Angeles.The sale resulted in a profit of $6.3 million for Lai Sun, according to the China...

December 3, 1999 Real estate-investment movers optimistic over 2000 prospectsVancouver Sun, December 3VANCOUVER – An industry survey of 50 of Canada's most powerful commercial real estate investment companies shows they are generally optimistic about the national investment market...