November 22, 1999 Host Funding Inc. (AMEX:HFD) has filed a Form 10-Q (Quarterly Report) with the SEC.
November 22, 1999 BALTIMORE – Prime Retail Inc. (NYSE:PRT) said it has sold the Birch Run factory outlet center in Birch Run, Mich., to a venture it formed with Estein Associates USA Ltd. for a total of $117...
November 22, 1999 Metropolitan Life Insurance Co. will soon offer 33 office buildings and shopping centers it owns in Canada, according to The Globe and Mail.The newspaper said the insurer is currently in the process of hiring real...
November 22, 1999 Barry Sternlicht and entities that he controls have filed a Form SC 13D/A with the SEC. The amended statement of beneficial ownership relates to Starwood Financial Trust's (NYSE:SFI) conversion to a corporation from a REIT....
November 22, 1999Koger buys two buildings at Lake Mary office parkOrlando Sentinel, November 19LAKE MARY, Fla. – Koger Equity Inc. has bought two buildings in the Primera office park from Crescent Resources Inc. for $41 million. The two...
November 22, 1999 CLEVELAND – First Union Real Estate Investments (NYSE:FUR) said shareholders have approved the REIT's proposed sale of six shopping malls to a venture led by Goldman Sachs' Whitehall Street Real Estate Fund for $191.5 million.Go...
November 22, 1999 JACKSONVILLE, Fla. – Koger Equity Inc. (NYSE:KE) has completed construction of the Landstar Building in Jacksonville.The corporate headquarters, which is leased to Landstar System Holdings Inc. for 15 years, is situated in the northeast quadrant...
November 22, 1999 MetLife to sell real estate holdingsGlobe and Mail, November 22TORONTO – Metropolitan Life Insurance Co. is putting 33 office buildings and shopping malls across Canada up for sale. The company estimates the portfolio – including...
November 19, 1999 Health Care Property Investors Inc. (NYSE:HCP) has filed a Form 8-K/A (Amended Current Report) with the SEC.
November 19, 1999 Imasco sells Shoppers for $2.55 BlnToronto Star, Nov. 19MONTREAL – Imasco has sold its drugstore chain, Shoppers Drug Mart, for $2.55 billion in cash to a group led by New York leveraged-buyout specialists Kohlberg Kravis...
November 19, 1999Westside site not the only one that interests PizzutiTimes-Union, November 19JACKSONVILLE, Fla. – The Pizzuti Cos., which is developing the 163-acre West Jacksonville industrial park, is eyeing more properties in Southside as well as in North...
November 19, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. (NYSE:FRW) paid $15.1 million for two Washington-area shopping centers with a total of 169,000-square-feet.The properties are:* Saratoga Shopping Center, with 102,000 sf in Springfield, Va. The property...
November 19, 1999NEW YORK – Corporate loans to REITs totaled only $15.5 billion during the first nine months of the year – down sharply from the same period last year, when loans to REITs amounted to $43 billion,...
November 19, 1999 CDC Capital is planning to securitize $570 million of floating-rate mortgages through underwriter Lehman Brothers, according to Commercial Mortgage Alert.The deal will be backed by 11 short-term loans. It will be co-managed by Bear Stearns.CDC,...
November 19, 1999 SAN BRUNO, Calif. – Atherton Capital Inc. has launched a program through which it will originate loans on properties leased as restaurant, gas station, convenience store, car care and other specialty retail concepts.Atherton will originate...
November 19, 1999 Criimi Mae (NYSE:CMM) has filed Form 8-K with the SEC.
November 19, 1999From Staff and Wire ReportsMillenium & Copthorne of London has agreed to buy 28 U.S. hotels from Regal Hotels International of Hong Kong in a deal valued at $640 million.Millenium, which is part owned by CDL...
November 19, 1999 CLEVELAND – Associated Estates Realty Corp. (NYSE:AEC) has raised $205 million of mortgage financing from Chase Manhattan Bank.Proceeds of the 28 project-specific mortgages were used to fund the REIT's tender offer for its outstanding senior...
November 19, 1999 Public Storage Inc./CA (NYSE:PSA) has filed a Form 8-K with the SEC.
November 18, 1999 CanadianTire opens three new storesThe Edmonton Journal, November 18 EDMONTON – Canadian Tire is investing $22 million for three stores it plans to open this week. The 137,000 square feet of new retail space here...
November 18, 1999 Fortress Investment Corp. has filed a Form SC 13D/A with the SEC. The filing details Fortress's purchase of an interest in Impac Commercial Holdings (AMEX:ICH).
November 18, 1999 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) has negotiated a new $245 million unsecured senior credit facility, replacing a line with a higher interest rate.The new facility consists of two lines: a...
November 18, 1999 Sunstone Hotel Investors Inc. (NYSE:SSI) has filed a Form 8-K
November 18, 1999 McLEAN, Va. – Capital Automotive REIT (NASDAQ:CARS) said it completed $65.3 million of acquisitions during the past month-and-a-half.The purchases involve 13 dealerships in five states. They comprise 522,000-square-feet of building area and 57.8 acres. Average...
November 18, 1999 NEW YORK – Clarion Partners has purchased, on behalf of a pension-fund client, the Cheli Distribution Center in Los Angeles for $98.6 million, or nearly $55/sf.The property comprises 14 buildings with some 1.8 million square...
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