Subject: REITS -general (REITS)

November 27, 2000 CALGARY, Alberta – RioCan Real Estate Investment Trust (TSE:REI) has acquired the remaining 50 percent interest in the Signal Hill Centre from its joint venture partner Trinity Development Group Inc. for C$34 million (US$22.1 million).The company now ...

November 21, 2000 Go To Standard & Poor's Presale Report.(C$287.6 million = US$184.6 million)Merrill Lynch Mortgage Loans Inc., Series 2000-Canada4ClassAmount(Can.)($mln)Sub. Level(%)RatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-189.117AAA5+75 area+755-yr.Can. Treas.A-2146.617AAA10+110 area+11010-yr.Can. Treas.B8.614AA10 +120 area+12010-yr.Can. Treas.C8.611A10+180 area+18010-yr.Can. Treas.

November 20, 2000 NEW YORK – Standard & Poor's has lowered Highwoods Properties' corporate rating to triple-B-minus from triple-B and its preferred stock rating to double-B-plus from triple-B-minus in part because of the REIT's exposure to markets that are beginning ...

November 17, 2000 CHARLESTON, S.C. – Golf Trust of America Inc. (AMEX:GTA) plans to sell three golf courses in Palm Beach, Fla., for $35 million to affiliates of Emerald Dunes Golf Group, which leases the courses.The properties are the Emerald ...

November 17, 2000 ARLINGTON, Va. – Charles E. Smith Residential Realty Inc. (NYSE:SRW) has acquired two multifamily properties, one in Florida and the other in Virginia, for $58 million.The multifamily REIT purchased the 240-unit New River Village apartment complex in ...

November 16, 2000 SAN MATEO, Calif. – Franklin Select Realty Trust (OTC BB:FSNR) has declared a a final liquidating distribution of $1.24 per share. The distribution will be paid on Dec. 11 to shareholders of record Dec. 1. Thereafter, the ...

November 16, 2000 (NewsTraders.com) – Banyan Strategic Realty Trust (Nasdaq:BSRTS) was marked down to hold from buy Thursday by McDonald Investments analyst Anatole Pevnev.Pevnev said he downgraded the Chicago-based REIT primarily due to its impending liquidation, which has caused the ...

November 15, 2000 NEW YORK – Standard & Poor's is dropping Pacific Gulf Properties (NYSE:PAG) from its S&P REIT Composite Index and replacing the company with PS Business Parks (AMEX:PSB).Pacific Gulf shareholders earlier this month approved the company's sale of ...

November 15, 2000 BETHESDA, Md. – The board of trustees at LaSalle Hotel Properties (NYSE:LHO) has decided to emerge from under the wing of Jones Lang LaSalle Inc. (NYSE:JLL) to become a self-managed REIT, beginning Jan. 1, 2001.LaSalle Hotel Properties ...

November 14, 2000 GERMANTOWN, Tenn.– Equity Inns Inc. (NYSE:ENN) has raised $108.8 million of financing, allowing it to refinance its credit line.The hotel REIT raised $69.7 million of 10-year financing with an 8.25 percent rate from GE Capital; $36 million ...