State: Virginia - VA

October 17, 2002 Fitch has upgraded five classes of GMAC Commercial Mortgage Asset Corp., 2000-FL-B, due to increased subordination levels resulting from loan payoffs.The rating agency upgraded the deal's:– $6.4 million class B to triple-A from single-A;– $11.7 million class ...

October 7, 2002 Entertainment Properties Trust (NYSE:EPR) has acquired the AMC Hoffman 22, a megaplex theater in Alexandria, Va.The 22-screen theater, which opened in 2001, is one of the strongest theaters in the Washington, D.C. area, and is among the ...

October 7, 2002 Home Properties (NYSE:HME) has bought two apartment communities in Maryland for $115 million and sold another in Virginia for $41.6 million.The Rochester, N.Y.-based REIT, which is on track to complete $400 million of acquisitions by year's end, ...

Trizec Properties is looking to sell the Rosslyn Gateway in Arlington and has hired Cassidy & Pinkard to market the two-building complex. No asking price could be learned, but recent area sales suggest the property will sell for about $80 ...

Tishman Speyer has agreed to buy Pentagon City from the bankrupt firm. But the deal, which awaits court approval, won't be wrapped up until at least late October. Other investors still have a chance to top Tishman Speyer's bid.

September 13, 2002 CHANTILY, Va. – Carr Capital Corp. has purchased a Class-A office building on Conference Center Drive from Alcatel, which has vacated the building.The six-story, 274,543-square-foot property was acquired with a $27.6 million loan that was provided by ...

September 10, 2002 RICHMOND, Va. – Suburban Capital Markets has provided $34 million of fixed-rate financing for a Richmond, Va., apartment complex.Suburban, a Rockville, Md., lender underwrote and originated the 10-year mortgage and sold it to a conduit for securitization.Collateral ...

September 4, 2002 Price Legacy Corp. (AMEX:XLG) has purchased the Dulles Town Crossing in Sterling, Va. for about $76.2 million.The transaction was funded with cash and a $49.5 million, 10-year fixed-rate mortgage with a rate of 5.88 percent.The open-air retail ...