State: Georgia - GA

June 19, 2001 NEW YORK – Fitch has upgraded Manufacturers Life Insurance Co., 1996-1, because loan payoffs have resulted in a significant increase in the deal's subordination levels. The rating agency upgraded the transaction's class E to triple-A from single-A ...

June 1, 2001 NEW YORK – CDC Mortgage Capital has provided $180 million of floating-rate financing, allowing Denholtz Associates to buy a 27-property portfolio of office and flex/industrial space from Banyan Strategic Realty Trust (Nasdaq:BSRTS).Denholtz paid $186.3 million for the ...

May 29, 2001 DULUTH, Ga. – W.P. Carey & Co. LLC (NYSE:WPC) has acquired a manufacturing facility from Nexpak Corp. for $13.6 million. The 221,374-square-foot facility, purchased on behalf of Corporate Properties Associates 14 Inc., will be net leased to ...

May 29, 2001 ATLANTA – Branch Capital Partners LP received $20 million in financing for the Buckhead Crossing Shopping Center from Nationwide Life Insurance Co.The 219,837-square-foot shopping center was acquired in August 2000 for $29.8 million, or $135/sf, from the ...

May 23, 2001 The New York State Common Retirement Fund has committed $227 million in equity to its recently announced joint venture with Post Properties Inc. (NYSE:PPS). The venture, which will look to develop mid- and high-rise multifamily properties in ...

Kimco Income REIT, Kimco Realty Corp.'s strategic venture with institutional investors, has purchased Augusta Exchange, a power center in Georgia. The venture could add up to $25 million in debt on the retail property.

May 22, 2001 Miami apartment project sells for $17Mln Daily Business Review (Miami, Fla.)MIAMI, Fla. - United Dominion Realty Trust (NYSE: UDR) of Richmond, Va. sold a 252-unit apartment project, Mediterrancea at the Moors, for $17 million, or $58.98 per ...

May 22, 2001Miami apartment project sells for $17Mln Daily Business Review (Miami, Fla.)MIAMI, Fla. - United Dominion Realty Trust (NYSE: UDR) of Richmond, Va. sold a 252-unit apartment project, Mediterrancea at the Moors, for $17 million, or $58.98 per square ...

May 15, 2001 ATLANTA – Gables Residential (NYSE:GBP) has sold a 386-unit apartment complex for $34 million, at an 8 percent capitalization rate, to an institutional buyer. Gables will continue to manage the Gables Sugarloaf apartment complex. As a result ...