Subject: Net Lease (NNN)

The Los Angeles investment firm is entering a growth spurt. It aims to make $300 million of acquisitions this year as part of an effort to double the size of its 11 million-sf portfolio within two years.

November 24, 2003 CDC Mortgage Capital Inc. has provided a $28.5 million loan to The Newkirk Group for the refinancing of 305 Madison Ave. in Morris Township, N.J.The 212,200-square-foot building is net leased to two wholly owned subsidiaries of Crum ...

July 29, 2003An investor group has filed a petition to halt the sale of the former MCI/WorldCom headquarters in Arlington, Va., claiming it was unfairly excluded from the July 23 auction of the property.Pentagon City Properties LLC's request that the ...

April 21, 2003 Moody's Investors Service has upgraded five classes of Bear Stearns Commercial Mortgage Securities Inc., 2001-EPR, because the collateral has fundamentally improved since issuance.The deal is backed by a loan on nine movie theaters owned by Entertainment Properties ...

March 18, 2003 Hunt Realty Corp., the real estate investment arm of financier Ray L. Hunt, has formed a partnership with Macfarlan Real Estate Investment Management that will acquire net-leased properties.The size of Hunt's commitment to the acquisition program could ...

March 3, 2003 Commercial Real Estate Direct Staff ReportCohen Financial arranged a $105 million financing package for Triple Net Properties LLC for its acquisition of Congress Center, a 525,000-square-foot office building in Chicago's West Loop.As previously reported, Triple Net and ...

The Boston lender provided what could become $90 million of first mortgage debt and a $15 million mezzanine loan to affiliates of Triple-Net Properties, which last month paid $136.1 million for Congress Center in Chicago.

January 16, 2003 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterW.P. Carey & Co. has hired Robert N. Jenkins, former CMBS executive with MetLife Inc., as senior consultant, a newly created position.The company, an extremely active buyer of ...

November 5, 2002 CB Richard Ellis Investors LLC has hired Steve Olsen, a veteran of the sale-leaseback business, to head its Global Net Lease Partners, a $400 million fund aimed at investing in sale-leaseback opportunities. Olsen was formerly partner with ...

February 19, 2002 MOORESVILLE, N.C. – WP Carey & Co. (NYSE:WPC) will provide $10.8 million for the construction of an automotive training facility that will be leased by Universal Technical Institute and Nascar Technical Institute.Under the terms of the sale-leaseback ...