November 9, 1999LeBreton Flats deal signedThe Ottawa Citizen, November 9OTTAWA – Government officials have signed a deal that could jumpstart the long-awaited development of LeBreton Flats within five years. The transfer of additional land to the National Capital...

November 9, 1999 ROCHESTER, N.Y. – Home Properties (NYSE:HME) has paid $26 million, or $60,000/unit for The Lakes Apartments, a 434-unit apartment complex in suburban Detroit.The complex consists of 24 three-story buildings that were built in 1986. It...

November 9, 1999 LOS ANGELES – Chris Ngai has joined Charles Dunn Co. as chief financial officer and director of operations. He formerly held the same posts at Daum Commercial Real Estate Services.Ngai will oversee the financial and...

November 9, 1999 Associated PressPORTLAND, Ore. – Trammel Crow Company and Bechtel Enterprises have teamed up to develop a mixed-use commercial development near Portland International Airport. CascadeStation is a 120-acre project that will have access to light rail...

November 9, 1999 FelCor Lodging Trust Inc. has filed a Form 4 (Statement of Changes ofBeneficial Ownership) with the SEC.

November 9, 1999Go To Original Price Talk in the VertiNews.com ArchiveNationsLink Funding Corp., Commercial Mortgage Pass-Through Certificates Series 1999-2Class*Amount($mln)Sub. Level (%)RatingS&PRating Duff & PhelpsRatingFitch IBCAAvg. LifeRevised Price Talk (BP)Bnch MarkA-284.627.17AAAAAAAAA3.15 +119-122Treas.A-323227.17AAAAAAAAA5.7+128-132Treas.A-4110.527.17AAAAAAAAA8.07+135-140Treas.A-1C10427.17AAAAAAAAA5.5+104-106Treas.A-2C11427.17AAAAAAAAA8.59+122-125Treas.B56.122.14AAAAAA8.9+147-150Treas.C44.918.11AAA9.05+170-175Treas.D67.312.07BBBBBBBBB9.14+235 areaTreas.X**1,115N/AAAArAAAAAA6.29+450 areaTreas.* Class A-1 tranche, at $167...

November 9, 1999 Camden Property Trust has filed a Form 424B3 (Prospectus Filed Pursuant toRule 424) with the SEC.

November 9, 1999Chase Commercial Mortgage Securities Corp., 1999-2ClassAmount($mln)Sub. Level(%)RatingS&PRatingDuff & PhelpsAvg.LifeSpread(BP)BnchMarkA-1105.926.5AAAAAA5.5+98-101Treas.A-2469.326.5AAAAAA9.83+120-123Treas.B4121.25AAAA9.98+140-145Treas.C37.116.5AA9.98+162-167Treas.D11.715A-A-9.98+177-182Treas.E27.411.5BBBBBB9.98+225-235Treas.F11.710BBB-BBB-9.98+305-315Treas.X782.7*--AAAAAA9.46+350-365**Treas.* Notional Amount** At 100% Constant Prepayment Rate

November 9, 1999 By Morris Newman, VertiNews.com Correspondent HENDERSON, Nev. – Continental P.E.T., a unit of Owens-Illinois Inc., has paid $10.3 million for a 300,000-square-foot industrial building in this city. The seller was Big O Tires.The building is...

3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$26.1 mln $27.2 mln $80.1 mln $59.9 mln FFO/shr (diluted) $0.38 $0.37 $1.13 $1.00 Extra Gain (Loss) - - ($2.1 mln) - Net Income (Loss) $0.5 mln $3.6 mln $16.6 mln ($10.4 mln) Net...

November 9, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $9.1 mln$8.2 mln $27.5 mln $23.8 mln FFO/shr (diluted) $0.89 $0.76 $2.69 $2.21 Net Income $4.6 mln $7.4 mln $14.8 mln $18.5 mln Net/shr$0.45 $0.69 $1.45 $1.72 Revenue$29.9 mln $25.2...

November 9, 1999 By Orest Mandzy, VertiNews.com Managing EditorAllied Capital Corp. (NASDAQ:ALLC) has hired three commercial mortgage-backed securities specialists from Criimi Mae Inc. (NYSE:CMM).The Washington company has become one of the most active B-piece buyers of commercial mortgage-backed...

November 9, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $140.2 mln$80.6 mln $399.8 mln $223.6 mln FFO/shr (diluted) $0.75 $0.68 $2.13 $1.97 Extra Gain (Loss) ($0.4 mln) ($0.02 mln) ($2.2 mln) $7 mln Net Income $42.4 mln $29 mln...

November 9, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $13.9 mln$12.6 mln $41.2 mln $33.9 mln FFO/shr (diluted) $0.53 $0.48 $1.57 $1.33 Extra Gain (Loss) ($0.8 mln) – ($0.8 mln) ($0.5 mln) Net Income $31.1 mln $4 mln $41.3...

November 8, 1999Loblaw's grocery store opens in-store health clubThe National Post, November 8TORONTO – The GoodLife Fitness Club in the Loblaw's in west Toronto has already attracted more than 450 memberships since opening in October. The club is...

November 8, 1999 Equity One Inc. (NYSE:EQY) has filed a Form 8-K/A with the SEC.

November 8, 1999 NEW YORK – Starwood Hotels & Resorts Worldwide (NYSE:HOT) was advised on the sale of the Ritz-Carlton Kansas City by Sonnenblick-Goldman Co.The hotel was sold to Maritz, Woff & Co., a St. Louis investment firm,...

November 8, 1999 ALEXANDRIA, Va. – AvalonBay Communities Inc.(NYSE:AVB) raised $135.2 million from the sale of properties.The $135.2 million worth of properties sold are The Pointe (Fairfield, Calif.) for $23.8 million in July; Avalon at Willow Lake (Indianapolis)...

November 8, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) has sold the Casa del Mar apartment complex in Pasadena, Calif., for $10.7 million, or $111,500/unit.The sale results in a $3.1 million gain over a 28-month...

November 8, 1999 G&L Realty Corp. (NYSE:GLR) has filed a Form SC 13E4/A (Amended Issuer Tender Offer Statement) with the SEC. The filing refers to G&L's stock repurchase plan.

November 8, 1999 INDIANAPOLIS – The management and directors of Duke-Weeks Realty Corp. (NYSE:DRE) have purchased $31.8 million of the REIT's common shares on the open market over the last several weeks.The purchases were financed with personal loans...

November 8, 1999 Lincoln Investment Management provided $32 million of fixed-rate financing for the Harbor Oaks Apartments, a 474-unit complex in Sacramento, Calif.The permanent financing was arranged by L.J. Melody & Co., a unit of CB Richard Ellis...

November 8, 1999 NEW YORK – Ian Schrager Hotels LLC has entered into a joint venture with Millennium Partners to redevelop the 689-room St. Moritz hotel in New York.The property, which will be managed by the Ritz-Carlton Hotel...

November 8, 1999 Millenium Partners agreed to buy out Ian Schrager Hotels' $95 million mortgage with Credit Suisse First Boston in order to form a venture that will redevelop the St. Moritz Hotel on Central Park South in...

November 8, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $27.8 mln$21.5 mln – – FFO/shr (diluted) $0.61 $0.56 – – Extra Gain (Loss) – ($1.1 mln) – ($2 mln) Net Income $11.1 mln $8.4 mln $26.1 mln $26.8 mln...