December 3, 1999 NEW YORK – Credit Suisse First Boston and Norwest Bank have launched two Internet-based information sites that will provide information about the collateral of Credit Suisse First Boston Mortgage Securities Corp., 1999-C1, a $1.2 billion...

December 3, 1999 J.P. Morgan has amended a S-3/A shelf registration with the SEC. The amendment increases the size of its previous registration to $3 billion of commercial mortgage-backed securities, from $1 million.The investment bank is planning to...

December 3, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has arranged $28.5 million of financing for three Tennessee apartment properties.The financing is backed by the British Woods Apartments and Highland Ridge complexes, which are in Nashville, and...

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 2, 1999COLUMBIA, S.C. – Edens & Avant, the developer of Necessity Retail Centers, has acquired 11 additional shopping centers on the East Coast. The price of the properties was not immediately available. They are located in Florida,...

December 2, 1999 NEW YORK – DLJ Real Estate Capital Partners II LP has purchased $30 million of convertible preferred shares in Anthracite Capital Inc. (NYSE:AHR), a mortgage REIT that is managed by BlackRock Inc.The class-A preferred carries...

December 2, 1999 The prospectus for PNC Mortgage Acceptance Corp., 1999-CM1, a recent $788 million conduit transaction by PNC Bank, Donaldson, Lufkin & Jenrette and Prudential Securities, has been filed with the SEC.

December 2, 1999 CHICAGO – First Industrial Realty Trust Inc. (NYSE:FR) has increased its common-stock dividend by 8 cents/share a year to $2.48/share. The 62 cents/share quarterly dividend is payable Jan. 24, 2000, to holders of record Dec....

December 2, 1999PRICE TALK: Deutsche Bank/Goldman Sachs Rule 144a, Fixed-Rate, $386 Mln*TrancheAvg.LifePriceTalk(BP)BnchMarkAAA4+115-120Treas.AA8.4+175-200Treas.A8.6+225-250Treas.BBB9.1+350-375Treas.IO9.1+550 areaTreas.* Limited information available.

December 2, 1999SAN DIEGO – Burnham Pacific Properties Inc. (NYSE:BPP) and the California Public Employees' Retirement System, through the partners' BPP Retail LLC, have closed on the purchase of four retail centers from AMB Property Corp. (NYSE:AMB) for...

December 2, 1999 Northside mall still on scheduleFlorida Times-Union, December 2JACKSONVILLE, Fla. – The Oliver Group Inc. insists that though construction is at a standstill, the long-awaited mall at I-95 and Duval Road near the Jacksonville International airport...

December 2, 1999 Cadillac falls to Teachers in $2.3-Bln dealThe National Post, December 2TORONTO – The Ontario Teachers' Pension Plan Board is now one of the largest property owners in North America after buying the Cadillac Fairview Corp....

December 1, 1999 TORONTO – The Ontario Teachers' Pension Plan Board has agreed to acquire the 78 percent of Cadillac Fairview Corp. (TSE:CDF) that it does not already own for C$34 (US$23) per share in cash or C$2.3...

December 1, 1999 MEMPHIS, Tenn. – GE Capital is making a big bet on the self-storage business. It has formed two joint ventures with Storage USA (NYSE:SUS) that would buy and develop up to $400 million of self-storage...

December 1, 1999VIENNA, Va. – WMF Group (NASDAQ:WMFG) has arranged a $195 million Fannie Mae-enhanced revolving credit facility for Mid-America Apartment Communitities Inc. (NYSE:MAA). WMF Washington Mortgage was the lender.An initial drawdown of $113.2 million was funded on...

December 1, 1999 Ernest C. Garcia II and entities he controls have increased their ownership in Dynex Capital Inc. (NYSE:DX) to 6.23 percent, as outlined in a Form SC 13D/A (Amended General Statement of Beneficial Ownership) that was...

December 1, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has arranged a $103 million Freddie Mac mortgage on a 576-unit apartment building at 200 Water Street and Fulton Street in downtown Manhattan.An affiliate of Rockrose Development Corp....

December 1, 1999 SAN DIEGO – LaSalle Investment Management has purchased, on behalf of a pension-fund client, the Oakwood Coronado Apartments in Coronado, Calif., for $55 million, or $100,182/unit.The property, which consists of 19 buildings with 549 luxury,...

December 1, 1999 CHICAGO – Duff & Phelps Credit Rating Co. has downgraded the debt ratings of Hilton Hotels Corp. following yesterday's completion of its merger with Promus Hotel Corp. In addition, the company's ratings are removed from...

December 1, 1999Associated PressWALTHAM, Mass. – Internet company Lycos Inc. says it needs more space to accommodate the employees it has recently hired. The Internet search engine and online shopping site's chairman told The Boston Globe that the...

December 1, 1999Upscale mall developer lands loan, partnerTampa Tribune, December 1TAMPA – Taubman Centers, the Michigan-based developer behind the mall rising next to Tampa International Airport, has landed a three-year, $190-million construction loan from investment bank Dresder Kleinwort...

December 1, 1999 LAFAYETTE – Bedford Property Investors Inc. (NYSE:BED) has received from Teachers Insurance $22.2 million of mortgage financing that is backed by five office and industrial properties in California, Arizona and Washington.Bedford plans to use proceeds...