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 22, 1999 NEW YORK – Investcorp International teamed up with Crow Holdings to buy the Centrum Shopping Center in Charlotte for $25 million, or $92.60/sf.The seven-year-old property contains 270,000 square feet and is nearly full. Tenants include...
November 22, 1999 SANTA MONICA, Calif. – The Macerich Co. (NYSE:MAC) has sold a Huntington Beach, Calif., shopping center for $48 million to the Ezralow Co. LLC.Macerich bought the Huntington Beach Center in December 1996 as part of...
November 22, 1999 NEW YORK – Standard & Poor's has placed the corporate credit, bank loan and senior unsecured debt ratings of Prison Realty Trust Inc. on CreditWatch with "developing" implications.The rating agency said a total of $1.1...
November 22, 1999 Public Storage Inc./CA (NYSE:PSA) has filed a Form 8-A12B with the SEC. The registration relates to the company's issuance of up to 200 million shares of equity stock.
November 22, 1999 Bear Stearns will be co-lead manager, along with Lehman Brothers on a $570 million floating-rate commercial mortgage-backed securities issue that CDC Capital is planning to bring to market soon.CDC will securitize 11 short-term mortgages through...
November 22, 1999 PNC Mortgage Acceptance Corp., Series 1999-CM1ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP) BnchMarkA-1A127.126.76AAAAAA5.7+102.5Treas.A-1B45026.75AAAAAA9.56+124.25Treas.A-241.421.5AAAA9.85+143.25Treas.A-335.4517AA9.9+158Treas.A-413.7915.25A-A-9.9+178Treas.B-125.612BBBBBB9.9+233Treas.B-29.8510.75BBB-BBB-9.9+318Treas.
November 22, 1999 Federal Realty Investment Trust (NYSE: FRT) has filed a Form 424B3 prospectus supplement for the issuance of senior unsecured debt.
November 22, 1999 SAN CLEMENTE, Calif. – Westbrook Partners has completed its purchase of Sunstone Hotel Investors Inc. (NYSE:SSI).Sunstone's common shareholders received $10.3761/per share in cash as will limited partners of Sunstone Investors LP. However, holders of operating...
November 22, 1999 First Washington Realty Trust (NYSE:FRW) has filed Form 10-Q with the SEC.
November 22, 1999 American Industrial Properties (NYSE:IND)of Irving, Texas, has hired Salomon Smith Barney as adviser to either sell the company or its assets, according to Realty Stock Review Online.The news service can be accessed at www.realtystockreview.com.
November 22, 1999 Associated PressSECAUCUS, N.J. – Hartz Mountain Industries Inc. will construct a 100,000-square foot industrial building in Hanover, N.J., for the MI Group, a Toronto-based international relocation company. MI Group will move its office and warehouse...
November 22, 1999 Wilshire Real Estate Investment Trust Inc. (NYSE:WREI) has filed a Form 10-Q (Quarterly Report) with the SEC.
November 22, 1999 Mid America Apartment Communities Inc. (NYSE:MAA) has filed a Form 8-K (Current Report) with the SEC.
November 22, 1999 Host Funding Inc. (AMEX:HFD) has filed a Form 10-Q (Quarterly Report) with the SEC.
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 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...
© 2025 Commercial Real Estate Direct All rights reserved.
© 2024 Commercial Real Estate Direct All rights reserved..
