August 6, 1999Cenit goes dot.comThe Virginian-Pilot, August 6NORFOLK, Va. – CENIT Bancorp Inc. has seen the future of finance and believes a big piece of it is online. The parent of thrift CENIT Bank plans to move in...

August 6, 1999 OAK BROOK, Ill. – Great Lakes REIT (NYSE: GL) said funds from operations for the second-quarter ended June 30 rose to $7.9 million or 47 cents/share from $7.2 million or 41 cents/share the same period...

August 6, 1999 WASHINGTON – CarrAmerica Realty Corp. (NYSE: CRE) said funds from operations for the second-quarter ended June 30 was $51.9 million or 70 cents/share on a diluted basis compared to $51.2 million or 65 cents/share for...

August 6, 1999Broomfield approves new libraryBoulder Daily Camera, August. 6BROOMFIELD, Colo. – The city council in booming suburb Broomfield has approved plans for the construction of a new $4.6 million library and city offices on vacant land near...

August 6, 1999DENVER – Finova Realty Capital (NYSE:FNV) has started accepting commercial mortgage loan applications on the internet, via CyberLoan, a network developed by FinancingSources.com of Denver.CyberLoan essentially matches loan applications with the underwriting criteria of lenders of...

August 6, 1999 SOUTHFIELD, Mich. – Ramco-Gershenson PropertiesTrust (NYSE: RPT) said Herbert Liechtung has resigned as a trustee. Liechtung, who is 69, has moved to Florida and plans to focus on his personal real estate investments. He previously...

August 6, 1999 DENVER – FinancingSources.com, which developed the CyberLoan system that matches borrowers with potential lenders of commercial mortgages, said it is considering being acquired.The firm, which is privately owned, said it received two offers that it...

August 6, 1999 Office park planned in DallasDallas Morning News, Aug. 6DALLAS – Developers have purchased a high-profile Frisco property to build a corporate office park. Means-Knaus LLC, in a venture with Florida-based St. Joe Co., plans to...

August 5, 1999 HARTFORD (AP) – A Manchester lawyer has admitted that he didn't tell authorities about bankruptcy fraud committed by two figures in the Colonial Realty scandal. Mark Pagani's plea came yesterday in Hartford federal court. The...

August 5, 1999 BALA CYNWYD, Pa. – Corporate Office Properties Trust (NYSE:OFC) said it leased all 120,000 square feet of an office building it is constructing in Annapolis Junction, Md., to Ameritrade Holding Corp.Corporate Development Services, a subsidiary...

August 5, 1999NEW PORT RICHEY, Fla. –MobileVest Inc. (OTC:MOBV) said it agreed to pay $5 million for a mobile-home park in Leesburg, Fla., that has 265 sites for both single- and double-wide homes.The purchase will add $680,000 in...

August 5, 1999 LOS ANGELES – Oakwood Corporate Housing, which leases fully furnished apartments to extended-stay travelers, has purchased Great West Corporate Housing, a unit of Simpson Housing LP of Denver.Terms of the deal were not disclosed. But...

August 5, 1999 Forest plan would hurt ski area expansion plansColorado Springs Gazette-Telegraph, August 5VAIL, Colo. – The U.S. Forest Service?s proposed master plan on the White River National Forest would freeze the area zoned for current and...

August 5, 1999NEWTON, Mass. – HRPT Properties Trust (NYSE: HRP) reported funds from operations for the second quarter ended June 30 of $62.4 million or 44 cents/share, compared to $54.8 million or 44 cents/share for the same period...

August 5, 1999SILVER SPRING, Md. – Humphrey Hospitality Trust Inc. (NASDAQ:HUMP) said funds from operations for the second-quarter ended June 30 rose to $1.7 million or 32 cents/share, on a diluted basis, from $1.5 million or 31 cents/share...

August 5, 1999 By Paul Gereffi, VertiNews.com CorrespondentCarrAmerica Realty Corp. (NYSE:CRE) recently leased 22,000 square feet at its Peninsula Executive Center in Boca Raton, Fla., to Ericsson Inc., pushing the occupancy level of the building to 71 percent.Although...

August 5, 1999 ROSEBURG, Oregon - After sitting dormant for nearly two years, Roseburg's Starlite Drive-In movie has a new owner. The Cow Creek Band of the Umpqua Indian tribe has purchased the drive-in, and agreed to not...

August 5, 1999PASADENA, Calif. – Alexandria Real Estate Equities Inc. (NYSE: ARE) reported funds from operations for the second quarter ended June 30 of $9.6 million or 70 cents/share on a diluted basis versus $7.2 million or 60...

August 5, 1999By Chris Kahn PHOENIX (AP) - Federal prosecutors had until the end of today to ask the 9th U.S. Circuit Court of Appeals to reverse its decision to throw out former Gov. Fife Symington's criminal convictions....

August 5, 1999 PASADENA, Calif. – Alexandria Real Estate Equities Inc. (NYSE:ARE) said it signed 13 leases during the second quarter ended June 30, for 177,000 square feet of space at ten properties.Of that total, eight leases for...

August 5, 1999MEMPHIS, Tenn. – Mid-America Apartments (NYSE: MAA) sold four apartment communities with 1,134 units to a venture it has with Blackstone Real Estate Advisors for $33.3 million.The REIT actually recovered $30.5 million from the sale. The...

August 5, 1999 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) declared a common stock dividend of 40.75 cents/share, up from 40.5 cents/share, payable Oct. 15 to shareholders of record Oct. 1.In addition, the REIT declared...

August 5, 1999Cigar company expanding on Madison Ave. New York Times, August 5NEW YORK  Davidoff of Geneva, a major manufacturer and seller of premium cigars, luxury goods and other tobacco products and accessories, is giving up its...

August 5, 1999 Building boom? Yup!Montreal Gazette, August 5MONTREAL – A quiet building boom has hit the city. The value of building permits for the first six months of 1999 was $426.6 million, a 16 percent increase over...

August 5, 1999Community -development firms best to help Winston-Salem Winston-Salem Journal, August 5WINSTON-SALEM, N.C. – At a time when presidential candidates are talking about the need to switch from government programs to faith-based community groups, Goler Memorial AME...