Subject: REITS -general (REITS)

September 11, 2000 TORONTO – TRC Capital Corp. has made an unsolicited bid to purchase up to 5 million shares of TrizecHahn Corp. (NYSE:TZH) for 22.65 Canada dollars per share (US$15.33/share).The offer is a discount to the REIT's current share ...

September 8, 2000 Alexandria Real Estate Equities Inc. (NYSE:ARE) has purchased two office properties in California and Massachusetts in two transactions for a total cost of $29 million.The transactions, made last month, were announced in a Form 8-K filed today ...

September 7, 2000 CHICAGO – Prime Group Realty Trust (NYSE:PGE) has hired Prudential Securities, Lehman Brothers and Merrill Lynch as financial advisers to help it evaluate strategic alternatives, including a merger.The REIT last month said that it had hired advisers, ...

September 7, 2000TORONTO – The Gazit Group has agreed to sell 2.5 million shares of Centrefund Realty Corp. (TSE:CFO.TO) to an Israeli publicly traded real estate investment company for 13.25 Canada dollars/share (US$8.93/share), in a deal that would trim its ...

The deal, the second by Structured Credit Partners, is unlike typical CBOs in that collateral assets cannot be traded. Structured Credit was formed last year and is staffed by a few former CGA Investment Management executives.

September 6, 2000 W.P. Carey Group has closed on its purchase of a $21.6 million build-to-suit office and manufacturing facility that M. A. Mortenson Co. is constructing in Rochester, Minn.W.P. Carey Group closed on the site on behalf of member ...

September 6, 2000 NEWPORT BEACH, Calif. – Health Care Property Investors Inc. (NYSE: HCP), an equity health care REIT, has completed a secured debt transaction of $83 million on a portfolio of 12 medical office buildings and physician clinics.The proceeds ...

September 6, 2000 Mission Orchard Statutory Trust has acquired Pacific Gateway Properties Inc. (AMEX:PGP) for an initial price of $12.60 a shareUnder the terms of the agreement, which was drawn up in June, another potential cash payment may be made ...

September 6, 2000 Prison Realty Trust (NYSE:PZN) has filed a Form 424B3 prospectus with the SEC addressing the shareholders of Corrections Corp. of America in connection with their consideration of a merger.The filing is a supplement to CCA's proxy statement ...

August 30, 2000 (NewsTraders.com) – Prime Group Realty Trust's (NYSE: PGE) decision to hire an investment banker to explore strategic options isn't enough to heat up interest in the REIT, at least according to Friedman Billings Ramsey analyst Merrill Ross, ...