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...

August 10, 1999BEVERLY HILLS, Calif. – G&L Realty Corp. (NYSE:GLR), reported funds from operations for the second quarter ended June 30 of $900,000 or 20 cents/share, compared to $1.9 million or 41 cents/share for the same period last...

August 10, 1999Shopping for a future for Anacostia tractsThe Washington Post, August 10WASHINGTON – Mayor Anthony Williams is seeking developers for 110 overgrown acres along the Anacostia River known as Poplar Point. Administration officials say, without naming names,...

August 10, 1999 LUTHERVILLE, Md. – Mid-Atlantic Realty Trust (NYSE:MRR) said its board declared a 26 cents/share common stock dividend payable Sept. 15 to holders of record Aug. 31.

August 10, 1999 PITTSBURGH (AP) - H-J Heinz Company says it wants to stay in Pittsburgh and officials hope they can seal a deal to expand its baby food and soup operation in the city's North Side. Heinz...

August 10, 1999 Chicago REIT plans retail center on prime siteHouston Business Journal, Aug. 10 HOUSTON – City Center Retail, a Chicago real estate investment trust has signed a long-term ground lease on a hotly pursued and pricey...

August 10, 1999 INDIANAPOLIS – Simon Property Group Inc. (NYSE:SPG) said it has negotiated a three-year extension of its $1.3 billion unsecured corporate facility, which now matures in August 2002.Simon said it received more than $1.7 billion of...

August 10, 1999 Developer to build, get tenant laterChicago Tribune, August 10, 1999CHICAGO – John Buck will proceed with construction of the Loop's first major office tower in almost a decade without an anchor tenant. "We are definitely...

August 10, 1999 INDIANAPOLIS – Simon Property Group Inc. (NYSE: SPG) said funds from operations for the second quarter ended June 30 rose to $134.4 million or 71 cents/share on a diluted basis from $73.9 million or 66...

August 10, 1999DALLAS – Trammell Crow Co. (NYSE:TCC) said net income for the second quarter ended June 30 dipped to $8.3 million or 23 cents/share from $10.9 million or 30 cents/share the same period last year. Revenue for...

August 10, 1999 HOUSTON – United Investors Realty Trust (NASDAQ:UIRT) set a quarterly dividend of 21.5 cents/share payable Oct. 21 to holders of record Oct. 7.United Investors Realty Trust owns 28 neighborhood and community shopping centers in Texas,...

August 9, 1999 MELVILLE, N.Y. – Reckson Associates Realty Corp. (NYSE: RA) said its $310 million sale of industrial properties and land to American Real Estate Investment Corp. and Matrix Development Group gives it a 16 percent internal...

August 9, 1999 LOS ANGELES – Westfield America Inc. (NYSE: WEA) said funds from operations for the second quarter ended June 30 rose to $42 million or 42 cents/share on a diluted basis from $32.2 million or 40...

August 9, 1999 ALHAMBRA, Calif. – CB Richard Ellis (NYSE:CBG) has agreed to offer its sales executives the option of marketing properties for sale through propertyfirst.com, an online multiple listing service.The Los Angeles real estate firm becomes propertyfirst.com's...

August 9, 1999 A foul matter near the North River CorridorChicago Sun Times, August 9CHICAGO – What's that smell? A foul odor in an industrial area has nearby business and residents pointing fingers. The offender may actually be...

August 9, 1999ST. LOUIS (AP) - It's been almost six months since crews imploded the old Arena while thousands watched the former home of the St. Louis Blues crash to the ground.Now, officials say cleaning up the site...

August 9, 1999 MART bumps up net income to $3.2 MlnThe Baltimore Business Journal, August 9BALTIMORE – Mid-Atlantic Realty Trust, developer of shopping centers in the Mid-Atlantic area, reported a 10 percent increase in net earnings to $3.2...

August 9, 1999 SF's Bristol Group Buys AEW Industrial PortfolioLos Angeles Business Journal, August 9SAN FRANCISCO – Bristol Group of San Francisco, Calif. is the expected buyer of a $151 million industrial portfolio owned by AEW Capital Management....

August 9, 1999 At Lenox and 116th, co-ops and stores are risingNew York Times, August 8HARLEM, N.Y. – In central Harlem, 125th Street is the principal commercial thoroughfare as well as the main focus over the years of...

August 9, 1999 Debate swirls as city creates new tax zonesHouston Business Journal, August 9HOUSTON – The past three months have been a hectic race against the clock for the City of Houston. The Planning Department has crusaded...