October 6, 1999 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) paid more than $10 million for industrial properties in Orlando and Tampa.EastGroup paid $4.2 million for the 123,000 square-foot Altamonte Commerce Center on the northside of Orlando. The complex...

October 6, 1999 CLEVELAND – Standard & Poor's has revised Associated Estates Realty Corporation's (NYSE:AEC) outlook from "stable" to "negative."The revision is a result of S&P's concerns about the REIT's reliance on property sales to meet a $75...

October 6, 1999 DALLAS – Robert J. Stetson is resigning as president and chief executive of U. S. Restaurant Properties (NYSE:USV) as part of an executive-level overhaul at the company. The REIT said the overhaul reflects its maturation...

October 6, 1999 RICHMOND, Va. – United Dominion Realty Trust Inc. (NYSE:UDR) sold eight apartment complexes with 1,277 units for $31.5 million.The properties, in Tucson, Ariz., San Antonio and El Paso, Texas, were sold in two deals. The...

October 6, 1999 By Morris Newman, VertiNews.com Correspondent PHOENIX – Making its first investment in Phoenix-area retail properties, GE Capital Investment Advisers has paid $31.3 million for two shopping centers with a total of 294,231 square feet.Both centers,...

October 6, 1999OXNARD, Calif. – LTC Properties Inc. (NYSE:LTC) has restructured its relationship with Sun Healthcare Group Inc. by buying out the interests in six health-care facilities that were leased to Sun.The restructuring will result in a 4...

October 6, 1999 MIAMI – First Union Real Estate Capital Markets has arranged a $25 million lease financing for Benihana Inc., which will use the capital to buy additional restaurants.The financing is actually a synthetic lease, an off...

October 6, 1999 SACRAMENTO, Calif. – Mark Albertson, managing director of AEW Capital Management, has joined the California Public Employees' Retirement System as portfolio manager.In addition, Calpers named Lou Jug portfolio manager. Jug was previously principal investment officer...

October 6, 1999 NEW YORK – DLJ Realty Services Inc., a unit of Donaldson, Lufkin & Jenrette, has been retained as exclusive marketing and leasing agent for Fox Plaza in the Century City section of Los Angeles.The assignment...

October 6, 1999 DALLAS – Prentiss Properties Trust (NYSE:PP) has sold what it considered non-essential properties in Kansas City and Phoenix, as well as a business park north of San Diego, for about $77 million.The REIT has another...

October 6, 1999 LOS ANGELES – Jurupa Partners has leased a 138,630-square-foot facility in Fontana, Calif., to US Plastics.Terms of the transaction, which was arranged by CB Richard Ellis (NYSE:CBG), were not disclosed. CB also represented Jurupa in...

October 6, 1999Business center projects planned for Westside, SouthsideFlorida Times-Union, October 6JACKSONVILLE, Fla. – Jacksonville is getting two more business centers. The $2 million Ricker Road Business Center on the Westside will be an eight-building, 58,000 square-foot mixed-use...

October 6, 1999 Home Properties of New York Inc. (NYSE:HME) has filed a Form 8-K with the SEC.

October 5, 1999 WASHINGTON – Kleiner Perkins Caufield and Byers, a venture capital firm, and eight major real estate companies has formed Broadband Office Inc., a telecommunications company.Broadband Office will start delivering services over the next 45 days....

October 5, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) has leased a 293,000-square-foot distribution facility in Mansfield, Ohio, to The Gerstenslager Co., a unit of Worthington Industries.The lease pays $460,000 during the first year and $673,500...

October 5, 1999Portman Management plans another downtown office towerAtlanta Business Chronicle, October 4ATLANTA – Portman Management Co. is marketing space for its yet-to be constructed downtown Atlanta office tower. The new 27- to 30-story complex will be next...

October 5, 1999 Sears nabs up to 6 downtown Eaton's stores for $30 MlnThe Globe and Mail, October 5TORONTO – A promise to keep the Eaton's name alive and $30 million is all Sears Canada Inc. needed to...

October 5, 1999 WASHINGTON – An investment partnership formed by Oak Hill Capital Partners LP, MeriStar Hospitality Corp. (NYSE:MHX) and MeriStar Hotels & Resorts Inc. (NYSE:MMH) has agreed to buy the 315-unit Hilton Newark/Fremont Hotel in Newark, Calif....

October 5, 1999 The continued economic expansion in the New York region has driven the office vacancy rate on Long Island to 7.1 percent, down from 8.9 percent just three months ago. At the end of 1990, the...

October 5, 1999CHICAGO – BDO Seidman LLP has formed a venture with LRX Group LLC, a real estate consulting firm that focuses on space measurement and analysis services.The affiliation allows BDO Seidman to broaden the scope of its...

October 5, 1999DLJ Commercial Mortgage Trust, Series 1999-CG3ClassAmount($mln)Sub. Level(%)Rating Moody'sRating FitchAvg. LifeSpread (BP)Bnch MarkA-1A140.427.75AaaAAA5123T CurveA-1B509.427.75AaaAAA10143.5T CurveA-1C1825.75Aa1AAA10153T CurveS899.3N/AAaaIO10NAT CurveA-224.723Aa2AA10163T CurveA-349.517.5A2A10183T CurveA-413.516A3A10193T CurveA-515.714.25Baa1A-10215T CurveB-11812.25Baa2BBB10250T CurveB-215.710.25Baa3BBB-10340T Curve

AMC Depositor LLC (AmericasMart)ClassAmount($mln)Rating Moody'sRatingS&PAvg.LifeSpread(BP)BnchMarkA85AaaAAA5.88200T CurveB38.8AaaAA9.9529910-yr. Treas.C16.2Aa2AA9.9532010-yr. Treas.D32.2Aa2A9.9538510-yr. Treas.E37.8  BBB9.95N/A10-yr. Treas.F10.0 BBB-9.9558010-yr. Treas.

October 5, 1999 Equity Office Properties (NYSE:EOP) has filed a Form S-3 with the SEC.

October 5, 1999 Equity Residential Properties Trust (NYSE:EQR) has filed Form 8-K with the SEC.

October 5, 1999 SYDNEY – Lend Lease Corp. said it has agreed to buy Bovis Group PLC, a project management and construction firm, for $472 million. The acquisition is another step in the investment manager's move to become...