October 28, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$18.7 mln$18.3 mln$50.7 mln$49.5 mlnFFO/shr (diluted)$0.68$0.67$1.84$1.82Extra. Gain/loss    Net Income$10.2 mln$9.5 mln$29.4 mln$29.8 mlnNet/shr$0.39$0.37$1.13$1.15Revenue$27.8 mln$27.3 mln$77.7 mln$75.2 mlnShrs outst.27.6 mln27.4 mln27.6 mln27.3 mln

October 28, 1999?3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO?$1.3 mln$1.1 mln$4.0 mln$3.6 mlnFFO/shr (diluted)?$0.17$0.15$0.54$0.48Net Income?$3.1 mln$2.8 mln$9.4 mln$8.0 mlnNet/shr$0.15$0.04$0.16$0.16Revenue?$4.9 mln$4.5 mln$14.5 mln$12.6 mlnShrs outst.?7.4 mln7.6 mln7.5 mln7.6 mln

October 28, 1999Andrew Stone is said to be preparing to leave Credit Suisse First Boston at the end of the year. Stone formerly headed First Boston's real estate group. Talk of his departure, which was reported in the...

October 28, 1999 ATLANTA – Prudential Mortgage Capital Co. and New York Life Insurance Co. have provided $159 million of mortgage debt for the Westfield Shoppingtown Montgomery Mall, a 1.3 million-square-foot mall owned by Westfield America Inc. (NYSE:WEA)Pru...

October 28, 1999 DALLAS – Prentiss Properties Trust (NYSE:PP) has promoted Thomas F. August to the post of chief executive officer. He will continue as president of the REIT. August was formerly president and chief operating officer. He...

October 28, 1999 CHICAGO – Heller Financial Inc. (NYSE:HF) has formed a unit that will finance owner-occupied properties through synthetic leases and secured debt. The unit, Special Purpose Property, taps Heller's asset-based and real estate lending expertise. It...

October 28, 1999Merrill Lynch Mortgage Investors Inc., 1999-C1ClassAmount($mln)Sub. Level(%)RatingS&PRatingDuff & PhelpsAvg.LifeSpread(BP)BnchMark A-110026.5AAAAAA5.6+117Treas.A-2350.3526.5AAAAAA9.6+136.25Treas.B33.721AAAA9.9+158.25Treas.C27.616.5AA9.9+180Treas.D9.215A-A-9.9+195Treas.E21.411.5BBBBBB9.9+250Treas.F7.610.25BBB-BBB-10.25+335Treas.X613N/AAAArAAA9.05+400Treas.

October 28, 1999 Stone & Webster Inc., a troubled engineering firm, plans to sell its headquarters building in downtown Boston, according to the Boston Globe. About 1,250 people work at the 14-story building, which is near South Station....

October 28, 1999 Equitable Life is providing about $89 million of financing to Blackstone Real Estate Advisors for its purchase of the Bethesda Metro Center in Bethesda, Md.Blackstone purchased the property for $118 million from an entity controlled...

October 28, 1999Impac Commercial Holdings Inc. (NYSE:GLR) has filed a Form DEFA14A (Definitive Proxy Statement) with the SEC. The filing details the company's rejection of Apex Mortgage Capital Inc.'s stock-for-stock merger proposal and its reaffirmation of a plan...

October 28, 1999 LIHUE, Hawaii (AP) – A group of Kauai investors is paying $5.2 million dollars for the Islander on the Beach Hotel between Waipouli and Kapaa. The group – which includes real estate broker Terry Kamen,...

October 28, 1999 CHICAGO – Lend Lease US Office Trust, a newly formed unit of Lend Lease Real Estate Investments, has agreed to pay $533.9 million for interests in seven properties owned by Equity Office Properties Trust (NYSE:EOP).Lend...

October 28, 1999 NEW YORK – PricewaterhouseCoopers has acquired Gulf/Atlantic Valuation Services Inc., a Sarasota, Fla., appraisal firm that specializes in healthcare and retirement properties.Terms of the deal were not disclosed. Alan Plush, principal of Gulf/Atlantic, was named...

October 28, 1999 St. Joe to spin off Florida East CoastFlorida Times-Union, October 28JACKSONVILLE, Fla. – The St. Joe Co. will spin off its 54 percent interest in Florida East Coast Industries to become a full-time real estate...

October 27, 1999 Robert A. Levine, a Long Island, N.Y., developer has turned in the winning, $38.4 million bid to buy 270 Broadway, a 371,000-square-foot office building in downtown Manhattan.The half-empty office building is being purchased from the...

October 27, 1999 Boston Properties Inc. (NYSE:BXP) has filed Form 8-K with the SEC.

October 27, 1999 SILVER SPRING, Md. – Humphrey Hospitality Trust Inc. (NASDAQ:HUMP) has completed its merger with Supertel Hospitality Inc. (NASDAQ:SPPR). The merged company owns 88 hotels with 6,200 units in 19 states. The properties are leased to...

October 27, 1999Associated PressJACKSONVILLE, Fla. – The St. Joe Company (NYSE: JOE) is spinning off its 54 percent share of Florida East Coast Industries to St. Joe shareholders. The plan calls for St. Joe to exchange all of...

October 27, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$20.9 mln$17.9 mln$60.3 mln$52.8 mlnFFO/shr (diluted)$0.63$0.56$1.85$1.65Extra. Gain/loss$1.0 mlnNA$57.7 mln$1.7 mlnNet Income$12.9 mln$10.7 mln$91.5 mln$33.8 mlnNet/shr$0.39$0.33$2.80 $1.06Revenue$26.4 mln$27.7 mln$68.2 mln$75.7 mlnShrs outst.32.2 mln31.6 mln32.1 mln31.6 mln

October 27, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$21.0 mln$16.0 mln$58.0 mln$47.5 mlnFFO/shr (diluted)$0.84$0.66$2.34 $1.96Extra. Gain/loss ($0.7 mln) ($0.7 mln)Net Income$12.6 mln$7.7 mln$37.6 mln$27.5 mlnNet/shr$0.50$0.32$1.51$1.13Revenue$81.7 mln$67.7 mln$230.5 mln$180.2 mlnShrs outst.24.9 mln24.4 mln24.9 mln24.3 mln

October 27, 1999?3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$17.3 mln$15.1 mln$49.6 mln$43.1 mlnFFO/shr (diluted)$0.84$0.74$2.45$2.10Extra. Gain/loss?($0.8 mln)?($0.8 mln)Net Income$13.1 mln$6.7 mln$30.4 mln$22.2 mlnNet/shr$0.71$0.34$1.66$1.16Revenue$37.7 mln$32.7 mln$106.5 mln$92.2 mlnShrs outst.20.6 mln20.5 mln20.2 mln20.5 mln

October 27, 1999 FORT WORTH, Texas – Crescent Real Estate Equities (NYSE:CEI) said scheduling conflicts have prompted it to postpone its third-quarter earnings conference call until Nov. 10 at 10 am. The call had been scheduled for Nov....

October 27, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$44.2 mln$35.1 mln$132.2 mln$102.7 mlnFFO/shr (diluted)$0.357$0.331$1.061$1.013Extra. Gain/loss($0.2 mln) $0.3 mln($0.2 mln)Net Income$10.4 mln$8.2 mln$52.4 mln$49.0 mlnNet/shr$0.10$0.08$0.50$0.50Revenue$155.5 mln$123.5 mln$463.7 mln$346.2 mlnShrs outst.124.1 mln106.2 mln124.6 mln101.4 mln

October 27, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$7.5 mln$3.5 mln$21.3 mln$9.3 mlnFFO/shr (diluted)$0.36$0.28$1.04$0.80Extra. Gain/loss($0.6 mln)($0.023 mln)($0.6 mln)($0.023 mln)Net Income$3.5 mln$1.3 mln$10.9 mln$3.5 mlnNet/shr$0.17$0.10$0.53$0.30Revenue$22.1 mln$12.4 mln$63.8 mln$31.8 mlnShrs outst.20.9 mln12.7 mln20.6 mln11.6 mln

October 27, 1999  3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO($5.6 mln)$1.8 mln($3.7 mln)$5.2 mlnFFO/shr (diluted)($1.25)$0.40($0.81)$1.11Extra. Gain/loss$6.4 mln $6.4 mln Net Income($4.3 mln)$2.4 mln($1.2 mln)$7.4 mlnNet/shr($1.56)$0.15($1.68)$0.48Revenue$8.8 mln$8.1 mln$25.5 mln$23.7 mlnShrs outst.3.9 mln4.1 mln3.9 mln4.2 mln