Subject: Mortgages/Financing (MOR)

September 13, 1999 SAN FRANCISCO – UCBH Holdings Inc. (NASDAQ:UCBH) has licensed the use of CyberLoan Virtual Lender as its on-line commercial mortgage submission system.UCBH is the holding company for United Commercial Bank. CyberLoan will allow the bank's customers to ...

Kennedy-Wilson has formed a venture with PNL Cos. of Dallas to buy up to $100 million of potentially high-yielding loans in the coming year.

September 9, 1999 JOHNSTOWN, Pa. – Crown American Realty Trust (NYSE:CWN) has negotiated a two-year extension and modifications to its secured line of credit from GE Capital Real Estate.The modifications were done in order to fund an expansion at the ...

VertiNews.comSMSpecial ReportHigher mortgage rates have led to a slow-down in sales and a softening of prices in the New York office market.

September 2, 1999 SAN FRANCISCO – Prudential Mortgage Capital Co., a unit of the Prudential Insurance Co. of America, provided $62 million of 10-year mortgage financing to ProLogis Trust (NYSE:PLD) and the New York State Common Retirement Fund.The loan is ...

September 1, 1999 KANSAS CITY, Mo. – Midland Loan Services Inc. has been awarded the loan servicing responsibilities for a $618.6 million commercial real estate mortgage portfolio owned by The St. Paul Companies through its USF&G and Fidelity and Guaranty ...

August 30, 1999 NEW YORK – Standard & Poor's revised its outlook on United Dominion Realty Trust Inc. (NYSE:UDR) and its operating partnership, United Dominion Realty LP, to negative from stable because the REIT's financial risk profile has weakened relative ...

August 30, 1999 Sun Communities is planning to raise $100 million through an offering of medium-term notes.The Farmington Hills, Mich., REIT said that it might offer some of the securities in foreign currencies -- a hint that it will sell ...

August 24, 1999 BETHESDA, Md. – Bank United has provided a first mortgage of $16.3 million to refinance Audubon Villas at Feather Sound, a 308-unit apartment complex in Clearwater, Fla.In addition, a client of Prudential Real Estate Investors provided $3.3 ...

VertiNews.comSMSpecial ReportPan Pacific Retail expects to add two years to its $175 million credit facility, which is led by Bank of America.