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...
October 6, 1999 Berkshire Realty (NYSE:BRI) has filed Form 8-K with the SEC.
October 6, 1999 BOSTON –MGI Properties (NYSE:MGI) raised $39.8 million by selling two aparment complexes.The sale price included the assumption, or repayment of $18.6 million of debt on the properties. MGI, which adopted a plan of liquidation last...
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 $4.2 million for the 123,000 square-foot Altamonte Commerce Center on the northside of Orlando. The complex...
AMC Depositor LLC (AmericasMart)ClassAmount($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...
October 5, 1999 Washington Real Estate Investment Trust has filed 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
October 4, 1999 Breathing new life into an old buildingSt. Petersburg Times, October 4ST. PETERSBURG, Fla. – Developer Joel Cantor is renovating the 175,000-square-foot BayView Tower in downtown St. Petersburg. He is offering below average rents – $13...
October 4, 1999 G&L Realty Corp. (NYSE:GLR) has filed a Form SC 13E4 with the SEC. The filing relates to the company's offer to buy 1 million of its securities.
October 4, 1999 Cigna Healthcare has agreed to occupy a 105,000-square-foot office complex that is being constructed in Bourbonnais, Ill.The health insurer has agreed to occupy the entire building for 10 years under a deal valued at about...
October 4, 1999 RICHMOND, Va. – Cornerstone Realty Income Trust (NYSE:TCR) has received $73.5 million of fixed-rate financing from Prudential Mortgage Capital Corp. The seven-year loan bears interest only at an annual rate of 7.29 percent and is...
October 4, 1999 Urban Shopping Centers (NYSE:URB) has filed Form 8-K with the SEC.
October 4, 1999 PALM BEACH, Fla. – Bank of America has provided $58 million of long-term financing to Innkeepers USA Trust (NYSE:KPA).The 10-year loan carries an interest rate of 7.16 percent and is backed by eight hotels. The...
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