November 11, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (Loss) $4.6 mln $3.7 mln ($88.3 mln) $9.1 mln Net/shr$0.53 $0.42 ($16.65) $0.88 Revenue$244.9 mln $247.7 mln $776.2 mln$740.7 mlnShrs outst.5.7 mln 5.4 mln 5.6 mln 5.3 mln

November 11, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $4.3 mln$4.8 mln $14.2 mln $11.2 mln FFO/shr (diluted) $0.21$0.24 $0.68 $0.55 Net Income $2.2 mln $3 mln $7.2 mln $6.7 mln Net/shr$0.11$0.15 $0.35 $0.33 Revenue$6.9 mln $6.4 mln $23.4...

November 11, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Extra Gain (Loss) – – – ($2.3 mln) Net Income (Loss) $5.5 mln $5.6 mln $91.9 mln($14.9 mln) Net/shr($0.60) ($0.60) $10.02 ($1.62)Revenue$34.7 mln$21.7 mln $141.7 mln $74 mln

November 11, 1999 By Thomas J. Walsh, VertiNews.com Senior Writer Donaldson, Lufkin & Jenrette is launching a $428.5 million floating-rate commercial mortgage-backed securities deal.Almost all of the loans in the deal were originated by DLJ's Column Financial lending...

November 11, 1999 Go To Revised Price Talk in the VertiNews.com ArchiveNationsLink Funding Corp., Commercial Mortgage Pass-Through Certificates Series 1999-2Class*Amount ($mln)Sub. Level (%)Rating S&PRating Duff & PhelpsRating Fitch IBCAAvg. LifeSpread (BP)BnchMarkA-284.627.17AAAAAAAAA3.15 +116Treas.A-323227.17AAAAAAAAA5.7+130Treas.A-4110.527.17AAAAAAAAA8.07+135Treas.A-1C10427.17AAAAAAAAA5.5+109Treas.A-2C11427.17AAAAAAAAA8.59+127.5Treas.B56.122.14AAAAAA8.9+153Treas.C44.918.11AAA9.05+178Treas.D67.312.07BBBBBBBBB9.14+240Treas.X**1,115N/AAAArAAAAAA6.29 -- Treas.* Class A-1 tranche, at...

November 11, 1999 MEMPHIS, Tenn. – Mid-America Apartment Communities (NYSE:MAA) has sold the 798-unit Sailwinds at Lake Magdalene community in Tampa, Fla., for $31.1 million. The $38,972/unit price represents a 7.9 percent capitalization rate, based on trailing net...

November 11, 1999 Loren Henry, a 22-year veteran of Developers Diversified Realty (NYSE:DDR), has moved over to Coventry Real Estate Partners, a New York venture formed 18 months ago by the REIT and Prudential Insurance. Loren, who remains...

November 11, 1999 National Health Investors Inc. (NYSE: NHI) has filed a Form 8-K (Current Report) with the SEC.

November 11, 1999 Kevin Wang, a long-time player in the New York real estate market, has agreed to buy 230 West 41st Street for more than $30 million, or $100/sf, according to the New York Daily News.The property...

November 11, 1999 CityPlace makes new demand for centerPalm Beach Post, November11WEST PALM BEACH, Fla. – Efforts to resurrect a $55 million downtown convention center stalled when CityPlace developers and the county issued separate demands. CityPlace, which is...

November 11, 1999 LOS ANGELES – Aegon Life Insurance Co. and Nippon Life Insurance have provided the fixed-rate financing to Hines Interests LP for its purchase of Sanwa Bank Plaza, a 1 million-square-foot office building in downtown Los...

November 11, 1999 SAN ANTONIO – Kennedy-Wilson Inc. (NASDAQ:KWIC) has teamed up with ING Realty Partners to buy 10010 San Pedro Ave., a 140,750-square-foot office building in San Antonio.Terms of the purchase were not disclosed.The acquisition comes on...

November 11, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $8.5 mln$7.8 mln $25.1 mln $21.9 mln FFO/shr (diluted) $0.65 $0.59 $1.93 $1.69 Net Income $4.7 mln $4.7 mln $13.8 mln $14.2 mln Net/shr$0.31 $0.35 $0.98 $1.08 Revenue$14.1 mln $12...

November 10, 1999 Ablah Enterprises, the investment vehicle of real estate developer and art collector George Ablah, paid $12.5 million for 5000 Raines Road, a 1.1 million-square-foot industrial facility in Memphis, Tenn.Ablah acquired the property from Caterpillar Inc....

November 10, 1999 3rd-Qtr 993rd-Qtr 98FFO $2.8 mln$2.7 mln FFO/shr (diluted) $0.21 $0.10 Net Income $1.2 mln $1.4 mln Net/shr$0.09 $0.10 Revenue$10.5 mln $10.6 mln Shrs outst.13.5 mln –

November 10, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$57.2 mln$91.7 mln$254.5 mln$262.6 mlnFFO/shr (diluted)$0.43$0.62$1.83$1.87Extra. Gain (loss)($162.0 mln) ($162.0 mln) Net Income($105.7 mln)$27.8 mln($25.5 mln)$108.7 mlnNet/shr($0.88)$0.21($0.21)$0.85Revenue$185.5 mln$179.8 mln$563.7 mln$510.0 mlnShrs outst.121.3 mln134.2 mln125.9 mln127.2 mln

November 10, 1999 3rd-Qtr 993rd-Qtr 98FFO $2.6 mln$2.5 mln FFO/shr (diluted) $0.32 $0.31 Net Income $1.5 mln $1.5 mln Net/shr$0.18 $0.18 Revenue$6.3 mln $4.8 mln

November 10, 1999 Liberty Property Trust (NYSE: LRY) has filed a Form 10-Q (Quarterly Report) with theSEC.

November 10, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $2.8 mln$2.5 mln $8.1 mln $7 mln FFO/shr $0.35 $0.31 $1.01 $0.88 Extra Gain (Loss) – $0.2 mln $0.3 mln $0.2 mln Net Income $1.8 mln $1.6 mln $5.2 mln...

November 10, 1999 By Thomas J. Walsh, VertiNews.com Senior Writer DENVER – Beverly Quail, a partner with the law firm of Ballard Spahr Andrews & Ingersoll, has been elected chair of the American Bar Association Section of Real...

November 10, 1999 By Nina Suebsukcharoen, VertiNews.com CorrespondentBANGKOK – As Thailand's economy slowly recovers, rents for retail space have returned to levels reached before the financial crisis of 1997.Driving the increased rents is the steady absorption of space,...

November 10, 1999 By Keith Regan, VertiNews.com Correspondent For the third straight quarter, office space in downtown Boston is attracting the highest per-foot rents in the country, according to a survey that is to be released later this...

November 10, 1999 (NewsTraders.com) -- Shares of Amresco (NASDAQ:AMMB) were demoted to "accumulate" from "buy" today by Friedman Billings Ramsey analyst Merrill Ross, who cited a third-quarter loss and perceived risks in the stock as the catalysts for...

November 10, 1999 Western Properties Trust (AMEX:WIR) has filed a Form 10-Q with the SEC.

November 10, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $62.3 mln$62.2 mln $188.4 mln $165.3 mln FFO/shr (diluted) $0.44 $0.44 $1.32 $1.30 Extra Gain (Loss) ($21.7 mln) – ($21.7 mln) ($2.1 mln) Net Income $15.5 mln $40.1 mln $100.9...