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 9, 1999 By Brad Berton, VertiNews.com Contributing EditorPM Realty Advisors bought a five-building industrial complex in suburban San Francisco from Copley Investors LP, a fund managed by AEW Capital Management.PM, which is based in Newport Beach, Calif.,...

November 9, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income $16.7 mln $14.3 mln $32.1 mln $31.5 mln Net/shr$0.46 $0.39 $0.88 $0.87 Revenue$195.7 mln $144.5 mln $480.2 mln $347 mln Shrs outst.36.7 mln 36.3 mln 36.4 mln 36.2 mln

November 9, 1999 Allied Capital Corp. (NASDAQ:ALLC) is expected to securitize $340 million of seasoned mortgages in January.The Washington finance company had acquired the commercial mortgages, which are noted for their lack of prepayment penalties, from Criimi Mae...

November 9, 1999 LOS ANGELES – Kilroy Realty Corp. (NYSE:KRC) has raised a $400 million unsecured revolving credit facility from a syndicate of banks led by J.P. Morgan and Chase Securities.The three-year credit facility matures in November 2002....

November 9, 1999 Regency Realty Corp. (NYSE:HCP) has filed a Form 10-Q with the SEC.

November 9, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $155.2 mln$112.8 mln $451.8 mln $321.4 mln FFO/shr (diluted) $1.13 $1.02 $3.32 $2.98 Net Income $67.9 mln $34.9 mln $201 mln $116.8 mln Net/shr$0.55 $0.36 $1.66 $1.21 Revenue$435.2 mln $339.2...

November 9, 1999Office space is lacking in East Atlanta VillageAtlanta Business Chronicle, November 8ATLANTA – While growth of retail and residential property has been good the East Atlanta Village neighborhood, the area has very limited office space. Currently...

November 9, 1999Allied Capital Corp. (NASDAQ:ALLC) has filed Form 497 with the SEC. The filing relates to the issuance of 751,571 common shares to an institutional investor. Allied Capital plans to use proceeds of the private placement for...

November 9, 1999 Equity Office Properties Trust has filed a Form 10-Q (Quarterly Report) with the SEC.

November 9, 1999 Chastain Capital Corp. (NasdaqNM:CHAS) has filed a Form 8-K with SEC.

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 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...

November 8, 1999 By Orest Mandzy, VertiNews.com Managing EditorVornado Realty Trust (NYSE:VNO) is marketing two suburban New York office properties that don't fit its portfolio.The Saddle Brook, N.J., REIT assumed the properties when it acquired the real estate...

November 8, 1999 By Morris Newman, VertiNews.com CorrespondentFONTANA, Calif. – Principal Capital Management of Des Moines, Iowa, plans to build an 817,750 sf distribution center in Fontana, Calif.The company claims the project is the "largest industrial speculative building...

November 8, 1999 CLEVELAND – Associated Estates Realty Corp. (NYSE:AEC) said it received consents from holders of more than a majority of the $177.5 million balance of its senior and medium-term notes.The REIT had proposed paying $975 for...