Subject: REITS -general (REITS)

August 30, 2000 Mid-America Apartment Communities (NYSE:MAA) has fixed the rate on $65 million of debt and executed a swap for another $25 million, effectively reducing the amount of floating rate debt outstanding to 12 percent of its total debt.In ...

A bankruptcy court has scheduled a hearing on Nov. 15 to confirm Criimi Mae's restructuring plan. The move could mean that the Rockville, Md., REIT will soon become an active player in the CMBS market once again.

August 22, 2000 (NewsTraders.com) – AEW Partners LP and associated entities disclosed that they have reduced their stake in Bedford Property Investors Inc. (NYSE:BED) to 7.6 percent from 10.1 percent, according to an updated Schedule 13D released today by the ...

August 18, 2000 SAN FRANCISCO – AMB Property Corp.'s (NYSE:AMB) operating partnership has priced $30 million of senior subordinated unsecured notes.The notes bear a fixed interest rate of 7.925 percent and are not redeemable before the Aug. 20, 2007, maturity ...

August 18, 2000 REITs continue to rebound midway through the third quarter of 2000, while the Standard & Poor's 500 index is still struggling to find positive territory, according to investment advisers Lend Lease Rosen Real Estate Securities LLC."We have ...

August 16, 2000 Burnham Pacific Properties Inc. (NYSE:BPP) has decided to liquidate.The REIT owns shopping centers primarily in the Western United States that it carries on its books at a value of $1 billion, as of the end of June.Meanwhile, ...

August 15, 2000 BALTIMORE – Prime Retail Inc. (NYSE:PRT) said it expects to close a $20 million first mortgage on its Prime Outlets of Puerto Rico in early September. The loan is the first phase of a two-pronged financing package ...

August 14, 2000 DALLAS – Basic Capital Management Inc. has appointed Mark W. Branigan as executive vice president and chief financial officer. Branigan replaces Thomas A. Holland, who resigned the position effective Aug. 9. Holland resigned to focus on the ...

August 14, 2000 CHICAGO – Banyan Strategic Realty Trust (Nasdaq:BSRTS) today suspended Leonard G. Levine, its president and chief executive officer, and placed him on leave as president. Banyan issued the news Monday morning in a statement.The company also said ...

August 14, 2000 BINGHAM FARMS, Mich. – Michael K. Kaline has been named president of Malan Realty Investors Inc. (NYSE:MAL)Kaline replaces Anthony S. Gramer, who was let go as president and chief executive last month. Kaline had been serving as ...