RECENT NEWS
Chas. E. Smith Files 10-Q
November 12, 1999 Charles E. Smith Residential Realty (NYSE: SRW) has filed a Form 10-Q (QuarterlyReport) with the SEC.
CV REIT Files 10-Q
November 12, 1999 CV REIT Inc. (NYSE:CVI) has filed a Form 10-Q with the SEC.
United Investors Files 10-Q
November 12, 1999 United Investors Realty Trust (NYSE: UIRT) has filed a Form 10-Q (Quarterly Report) with the SEC.
CDL to Buy Seoul Hilton for $228.5 Mln
November 12, 1999 Associated PressSEOUL, South Korea – CDL Hotels International has signed an agreement to buy the Hilton Hotel in Seoul for $228.5 million. CDL is an arm of Singapore's real estate giant, Hong Leong Group. The...
G&L Realty Corp. Files 10-Q
November 12, 1999 G&L Realty Corp. (NYSE:GLRw) has filed a Form 10-Q with the SEC.
Boddie Noell Files 10-Q
November 12, 1999 Boddie Noell Properties Inc. (AMEX:BNP) has filed Form 10-Q with the SEC.
Commercial Net Lease Realty Files 10-Q
November 12, 1999 Commercial Net Lease Realty Inc. (NYSE:NNN) has filed a Form 10-Q with the SEC.
Capital Trust Files 10-Q
November 12, 1999 Capital Trust Inc. (NYSE:CT) has filed a Form 10-Q with the SEC.
Chateau Communities Files 10-Q
November 12, 1999 Chateau Communities Inc. (NYSE:CPJw) has filed a Form 10-Q with the SEC.
Wellsford Real Properties Files 10-Q
November 12, 1999 Wellsford Real Properties Inc. (AMEX:WRP) has filed Form 10-Q with the SEC.
Realty Income Corp. Files 10-Q
November 12, 1999 Realty Income Corp. (NYSE:O) has filed a Form 10-Q with the SEC.
Walden Residential Files 10-Q
November 12, 1999 Walden Residential Properties Inc. (NYSE: WDN) has filed a Form 10-Q (Quarterly Report) with the SEC.
Anworth Mortgage Asset Corp. Files 10-Q
November 12, 1999 Anworth Mortgage Asset Corp. (AMEX:ANH) has filed a Form 10-Q with the SEC.
DLJ $428.5 Mln Floating-Rate Deal Being Launched
November 11, 1999 By Thomas J. Walsh, VertiNews.com Senior Writer Donaldson, Lufkin & Jenrette is launching a $428.5 million floating-rate commercial mortgage-backed securities deal.Almost all of the loans in the deal were originated by DLJ's Column Financial lending...
FINAL PRICING: NationsLink Funding Corp., Series 1999-2
November 11, 1999 Go To Revised Price Talk in the VertiNews.com ArchiveNationsLink Funding Corp., Commercial Mortgage Pass-Through Certificates Series 1999-2Class*Amount ($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...
Mid-America Sells Florida Apartment Community for $31 Mln
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...
Developers Diversified’s Henry Moves to Coventry Partners
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...
National Health Files 8-K
November 11, 1999 National Health Investors Inc. (NYSE: NHI) has filed a Form 8-K (Current Report) with the SEC.
Times Square-Area Office Building Selling for $100/sf, Daily News Says
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...
Southeast Regional Digest
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...
Aegon Life, Nippon Life, Archon Provide $200 Mln of Financing for Sanwa Bank Plaza
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...
Kennedy-Wilson Buys Offices in San Antonio, Management Firm in Austin
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...
Golf Trust of America 3rd-Qtr FFO $0.65/shr vs $0.59/shr
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...
Prison Realty Trust 3rd-Qtr FFO $0.56/shr
November 11, 1999 3rd-Qtr 999-mos 99FFO $66.2 mln$205 mln FFO/shr (diluted) $0.56 $1.79 Net Income $46 mln $79.5 mln Net/shr$0.39 $0.69 Revenue$75 mln $220.8 mln Shrs outst.119.5 mln 115.9 mln
AmeriVest Properties 3rd-Qtr FFO $0.16/shr vs -$0.05/shr
November 11, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $324.5 mln($73.8) $915 mln $229 mln FFO/shr (diluted) $0.16 ($0.05) $0.52 $0.15 Net Income (Loss) $30.6 mln ($310.6 mln) $133.3 mln ($302.5 mln) Net (Loss)/shr$0.02 ($0.19) $0.08 ($0.20) Revenue$1.7 mln...
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