August 11, 1999DVD company rents West LA warehouse for entertainment businesses VertiNews.com, August 11LOS ANGELES – DVD Express, an Internet-based seller of DVD discs, has leased a 66,000/SF warehouse in West Los Angeles. Formerly occupied by MGM/Turner Films,...

August 11, 1999 Waterfront rules easedChicago Sun Times, August 11CHICAGO – A major shift in the Metropolitan Water Reclamation District policy means shopping centers, hotels, light industry and offices could soon be developed on thousands of prime acres...

August 11, 1999 SAN DIEGO – Principal Commercial Acceptance LLC has provided $27.8 million of land financing backed by the 20-acre site of a proposed 1,200-unit apartment complex near San Diego.The fixed-rate financing was provided to Rio Vista...

August 11, 1999 NEW YORK – Starwood Financial Trust (AMEX:APT) reported funds from operations for the second-quarter ended June 30 of $25.8 million or 46 cents/share on a diluted basis from $21.1 million or 39 cents/share the same...

August 11, 1999 WILLIAMSVILLE, N.Y. – Sovran Self Storage Inc. (NYSE: SSS), a self-storage real estate investment trust, reported funds from operations for the second quarter ended June 30 of $9 million or 73 cents/share, compared to $8.3...

August 11, 1999 CHICAGO - Manulife, an insurance company headquartered in Toronto acquired a $90-million, 1.6 million-square-foot portfolio including 10 suburban Chicago industrial sites from Prime Group Realty Trust of Chicago, according to The Chicago Tribune today.The inability...

August 11, 1999 Alexandria, Va. (AP) - If you've been to the new Potomac Yard shopping center on a weekend afternoon, you already know how messy the traffic situation can be. Now comes word that it'll only get...

August 11, 1999 HOUSTON – Cigna Investment Management has provided $35 million of fixed-rate financing for One Riverway, a 480,000-square-foot office building in Houston.Cigna provided the financing through ING Investment Management, which was advised by L.J. Melody, the...

August 11, 1999 PORTLAND, Ore. (AP) – In just seven years, the Portland-Vancouver area could run out of enough land to host new industry, a shortfall that could end up costing the region as many as 94,000 jobs...

August 11, 1999By Brad Berton, VertiNews.com CorrespondentREDMOND, Wash. – CarrAmerica Realty (NYSE:CRE), a national real estate investment trust, is reaping the rewards of growth in the high-tech industry. The Puget Sound region's growing tech industry has helped fill...

August 11, 1999CHICAGO –Turner Construction Co. was awarded contract to build a $29.5 million, 37-story, rental apartment building in downtown Chicago, just north of the Loop.The 230-unit building, which will be located on 121 West Chestnut, will total...

August 11, 1999ROSEVILLE, Calif. – Summit Commercial Properties and Mack-Cali Realty Corporation (NYSE:CLI) have leased 70,000 square feet at Lava Ridge Business Center to Prima Publishing, a book publisher and media company.The transaction is Roseville's largest office lease...

August 11, 1999PITTSBURGH – Interstate Hotels Corp. (NASDAQ:IHCO) reported a pro-forma net loss for the second quarter ended June 30 of $782,000 or 12 cents/share on a diluted basis. That compares with pro-forma net income of $1.3 million...

August 11, 1999DALLAS – Wyndham International Inc. (NYSE:WYN) reported a net loss for the second quarter ended June 30 of $877.2 million or $5.76 per diluted share, compared to a loss of $26.3 million or 21 cents/share for...

August 11, 1999 NEW YORK – Duff & Phelps Credit Rating Co. said it lowered its senior debt rating for Meditrust Corp. (NYSE:MT) to double-B-minus from double-B plus. At the same time, the rating firm said it had...

August 10, 1999 COLUMBIA, S.C. – Edens & Avant said it launched E&A OnSite, a property search program that allows retailers to find potential sites at the developer's properties. E&A OnSite is accessible via Edens & Avant's website,...

August 10, 1999 CLEVELAND – First Union Real Estate Investments (NYSE:FUR) reported funds from operations for the second quarter ended June 30 of $4.1 million or 11 cents/share on a diluted basis compared to a restated loss from...

August 10, 1999 HOUSTON – L.J. Melody & Co. has lured three loan officers from Banc One Mortgage Capital Markets to staff a new office in Indianapolis.The firm hired Edward S. Chandler as senior vice president and Kendrick...

August 10, 1999NEW YORK – American Mortgage Acceptance Co. (AMEX:AMC) said it received Fannie Mae (NYSE:FNM) approval to write up to $250 million of DUS loans for apartment properties that qualify for low-income housing tax credits under section...

August 10, 1999 NEW YORK – Trinity Investment Trust LLC, Apollo Real Estate Advisors and Whitehall Street Real Estate LP IX have received $90 million of financing for the Kea Lani Hotel Suites and Villas in Wailea, Maui,...

August 10, 1999 $8.3M plan for studio sound New York Daily News, August 10 ASTORIA, N.Y. – Ground will be broken this fall at Kaufman Astoria Studios for an $8.3-million sound stage and support facility intended to attract...

August 10, 1999DALLAS – CWS Communities Trust said it invested $50.4 million during the first half of the year, buying 11 manufactured home communities throughout the country.The 11 communities contain 2,551 homesites and are located in three states,...

August 10, 1999City gets $1 Mln for start-up loans on Restaurant RowThe Winston-Salem Journal, August 10Winston-Salem, N.C. – People have heard plenty of hype lately about plans to revitalize downtown. But now Winston-Salem has the money to back...

August 10, 1999 SALT LAKE CITY - JP Realty Inc. (NYSE:JPR) reported funds from operations for the second quarter ended June 30 of $10.8 million or 61 cents/share on a diluted basis, compared to $10.1 million or 57...

August 10, 1999 Management buyout 'viable' for ShoppersThe National Post, Aug. 10 MONTREAL—The management of Imasco Ltd.'s Shoppers Drug Mart is considering launching an offer to buy the 824-retail pharmacy chain as the conglomerate that owns it prepares...