ATLANTA – Gables Residential Trust (NYSE:GBP) has sold two properties in Memphis for $30.5 million.Gables Germantown and Gables Quail Ridge, which together consist of 490 apartment homes, were sold with a capitalization rate of 8.6 percent.With the sales...

October 7, 1999 Starwood Hotels & Resorts (NYSE:HOT) has filed a Form POS AM with the SEC. The filing is an amendment to an S-4 that Starwood had filed earlier. The amendment relates to the substitution of Vistana...

October 7, 1999 By Lisa Finnegan, VertiNews.com Correspondent NEW YORK – Aegon Realty Advisors beat out 17 other lenders and will provide a $45 million first mortgage on the SouthTrust Tower in Ft. Lauderdale, Fla.The 337,000-square-foot office building...

October 7, 1999 HONOLULU (AP) – Development group Ko Olina Co. and Cornerstone Real Estate Advisers have agreed to buy the Ihilani Resort & Spa from a subsidiary of Japan Airlines Inc. Ko Olina Co. and Cornerstone Real...

October 7, 1999 SEATTLE – Redbricks.com LLC is launching a website that would allow prospective borrowers to query a variety of lenders for mortgage financing. The website, www.redbricks.com, will be formally launched in early November.Initially, more than 20...

October 7, 1999 Montreal's commercial real estate market on reboundThe National Post, October 7MONTREAL – Montreal's commercial real-estate market seems to be on the rebound, thanks in part to the city's retooled economy. The downtown office vacancy rate...

October 7, 1999 Three large apartment complexes sell for $39.3 MlnBradenton Tribune-Review, October 7BRADENTON, Fla. – Town and Country Trust bought three large apartment complexes containing a total of 742 apartments for $39.3 million. The Baltimore REIT purchased...

October 7, 1999 Carramerica Realty Corp (NYSE:CRE) has filed a Form S-8 with the SEC.

October 7, 1999 BEVERLY HILLS, Calif. – A joint venture between Meadowbrook Golf Group Inc. and Apollo Real Estate Investment Fund IV has completed the purchase of KSL Fairways Golf Corp., which was renamed Fairways Golf Corp.Terms of...

October 6, 1999 Kilroy Realty Corp (NYSE:KRC) has filed a Form 424B5 with the SEC. The filing is related to Kilroy's adoption of a dividend reinvestment plan.

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 6, 1999 Sports Hall of Fame stirs up little private interestOttawa Citizen, October 6OTTAWA – Regional government will review proposals from the Canadian Gateway Corp., an Ottawa-based consortium that developed the $75-million Daly site, and Bosgoed Project...

October 6, 1999 DALLAS – U.S. Restaurant Properties Inc. (NYSE:USV) has raised $55 million by selling preferred stock to a private investor.A unit of the REIT issued perpetual preferred stock with an annual coupon of 8.5 percent fixed...