Subject: REITS -general (REITS)

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 ...

November 14, 2000 LAKE OSWEGO, Ore. – Essex Property Trust Inc. has purchased a 256-unit apartment complex in Lake Oswego, Ore., for a contract price of $17.5 million, or about $68,360/unit.Hunt Club Apartments consists of 128 one-bedroom/one bathroom units, 53 ...

November 14, 2000 (NewsTraders.com) – Boston Properties (NYSE:BXP) was shifted up to intermediate-term buy from accumulate today by Merrill Lynch analyst Steve Sakwa, who based the move on the strength of the REIT's asset base and related factors.Sakwa said that ...

November 14, 2000 (NewsTraders.com) – Glenborough Realty Trust (NYSE:GLB) Chairman and Chief Executive Robert Batinovich purchased 27,900 shares of the San Mateo, Calif.-based REIT in October, according to a Form 4 filing.The executive bought the shares on Oct. 18 and ...

November 14, 2000 COLUMBIA, Md. – Humphrey Hospitality Trust Inc. (Nasdaq:HUMP) is restructuring its leases and service agreements with Humphrey Hospitality Management Inc. in order to simplify and provide for identical monthly percentage lease payment terms for all of the ...

November 14, 2000 BETHESDA, Md. – Crestline Capital Corp. (NYSE:CLJ) has agreed to sell entities owning the lease rights to Host Marriott Corp.'s (NYSE:HMT) portfolio of full-service hotels to a subsidiary of Host Marriott for $205 million in cash.The transaction, ...

November 14, 2000 NEW YORK – Standard & Poor's today lowered its ratings on United Dominion Realty Trust (NYSE:UDR) and the company's operating partnership, United Dominion Realty L.P. However, the company's outlook has been revised to stable from negative.The lowered ...

November 13, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) has struck a deal with its lending group that effectively lowers the rate by 25 basis points on a $175 million line of credit and $100 million term loan.Effective Sept. 30, ...

The REIT, which posted a dip in funds from operations, says it will conduct an orderly sale of nonretail properties. It owns some 60 properties that could be worth well over $600 million.

November 8, 2000 Commercial Real Estate Direct Staff ReportSAN DIEGO – Dynex Capital Inc. (NYSE:DX) has finally entered into a definitive agreement to be acquired by an affiliate of First Commercial Corp. for $90 million in cash.The affiliate, California Investment ...