September 30, 1999 Cadillac shares rise as it readies to open booksThe National Post, September 30 TORONTO – Yesterday, as Cadillac Fairview Corp. readied itself for a possible sale, the company's stock shot up 4.6%. Analysts speculate that...

September 30, 1999 Wilshire REIT (NYSE:WREI) has filed a Form 8-K with the SEC regarding its decision to become internally managed.

September 30, 1999 NEW YORK -- Hazen & Sawyer PC has signed a 15-year lease for 62,730 square feet of office space at 498 Seventh Avenue. The firm will relocate from 726 Broadway before the end of the...

September 30, 1999 IRVING, Texas – American Industrial Properties REIT (NYSE:IND) has sold the Tucson Tech Center property in Arizona for $4.4 million. The sale of the 115,000-square-foot flex property, which was acquired in May 1998 as part...

September 29, 1999 LAS VEGAS – Retail developer David DePierro of Dana Point, Calif., paid $5 million for 13.05 acres of land adjoining a Home Depot site where he plans to build a community shopping center. The seller...

September 29, 1999 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE: SPK) has promoted John Foster, currently chief investment officer, and Craig Vought, currently chief financial officer, to positions as co-chief executive officers. The real estate investment trust...

September 29, 1999 HRPT Properties Trust (NYSE:HRP) has filed a Form SC 13D with the SEC.

September 29, 1999 TORONTO – Cadillac Fairview Corp. (NYSE:CDF) has retained Goldman Sachs and Blackstone Group to explore a number of strategic alternatives, including a sale or recapitalization.Both Goldman and Blackstone own substantial stakes in the company.Cadillac Fairview,...

September 29, 1999 Larry Silverstein has agreed to pay more than $200 million, or nearly $118/sf, for 120 Broadway, a massive office building in downtown Manhattan.The Wall Street Journal, which first reported the proposed purchase, also said that...

September 29, 1999 Real estate investment trust National Health Realty (AMEX: NHR) has filed a Form S3/A with the SEC.

September 29, 1999 Mondev sues U.S. over deal gone badMontreal Gazette, September 29MONTREAL – Montreal-based Mondev International Ltd. is using NAFTA to sue the U.S. government for nearly US $20 million over a real-estate deal it made with...

September 29, 1999 By The Associated PressCHATTANOOGA, Tenn. (AP) – Encouraged by the revitalizing success of its $45 million aquarium project seven years ago, the city of Chattanooga has proposed $200 million more in redevelopment investments for its...

September 29, 1999 34 Peachtree Building in sales negotiationsAtlanta Journal Constitution, September 29ATLANTA – Chicago-based RREEF Funds is selling the 275,000-sf 34 Peachtree Building across from Woodruff Park to an undisclosed, out-of-town buyer, according to Resource Real Estate...

September 29, 1999 Winston Hotels Inc. (NYSE: WXH) has filed a Form S-3/A related to the offer and sale of up to 879,000 common shares by certain shareholders.

September 29, 1999 NEW YORK – Metropolitan Life Insurance has provided $150 million of fixed-rate financing for

September 29, 1999 MONTROSE, Calif. – Anchor Pacifica Management Co. paid $7.1 million for a 129-unit apartment complex in Montrose, Calif.David Elliott and Peter Hauser of Charles Dunn Co.'s Orange County office represented the buyer. Elliot and Hauser...

September 29, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has struck a five-year deal to provide commercial mortgage banking services through Bank One offices in 13 cities. Under the agreement, which goes into effect on January 1,...

September 29, 1999 LOS ANGELES – FowlerShore & Flanagan has paid $17 million, or $53,125/unit, for Desert Oasis Apartments, a 320-unit property in Palm Desert, Calif.FowlerShore, a Sausalito, Calif., apartment owner, purchased the property from Associated Estates Realty...

September 29, 1999 CONSHOHOCKEN, Pa. – Kranzco Realty Trust (NYSE:KRT) has cut its common stock dividend to 32.5 cents/share, from 48 cents/share, payable Oct. 21 to holders of record Oct. 12.The reduction will allow Kranzco to retain more...

September 29, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. has provided $49.2 million of mortgage financing for 711 Third Avenue, a 500,000-square-foot office building owned by S.L. Green Realty (NYSE:SLG).The fixed-rate loan carries a coupon of 8.13...

September 29, 1999 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) paid $16.6 million, or $144/sf, for a brand new office building in Federal Way, Wash.The building is already fully leased. Reliance Insurance Co. and Financial Pacific Corp....

September 28, 1999 LOS ANGELES – Oakwood Corporate Housing has bought the Club Tower Apartments, a 434-unit, forty-story luxury high-rise located at 1280 West Peachtree St., NW, in Atlanta for an undisclosed amount. Included in the purchase of...

September 28, 1999 REDLANDS, Calif. – Primecare Medical Network has renewed its 22,000-square-foot lease at the Nevada Street Plaza Business Park in Redlands.The lease accounts for nearly 20 percent of the property's 121,844 sf of leasable area. Currently,...

September 28, 1999 CYPRESS, Calif. – The Bascom Group LLC has paid $9.4 million for a 160-unit, 126,000-square-foot apartment complex in Cypress, Calif. (Orange County). David Elliott and Peter Hauser of Charles Dunn Co.'s Orange County office represented...

September 28, 1999 SL Green Realty Corp. (NYSE:SLG) has filed form