Subject: REITS -general (REITS)

July 18, 2000 NORTH MIAMI BEACH, Fla. – Equity One, Inc. (NYSE: EQY) has reached a preliminary agreement with Alony Hetz Properties & Investments Ltd. in which Alony Hetz will invest up to $32 million in Equity One over the ...

July 18, 2000 William C. Morris, as majority owner of J. & W. Seligman & Co. Inc., has taken a 10.1 percent interest in Correctional Properties Trust.Morris now controls 721,043 shares of the REIT, according to an amended Form SC ...

July 14, 2000 CLEVELAND – Developers Diversified Realty (NYSE:DDR) has acquired the remaining interest in a portfolio of shopping centers that it has owned since July 1998.The Cleveland REIT two years ago bought nine shopping centers, nine development projects and ...

July 13, 2000Mackenzie Patterson Inc., a California real estate investment manager, is taking aim at three small REITs whose stock prices plummeted after two executives were charged in a stock scam.The company, which is based in Moraga, Calif., has made ...

Arden Realty has hired NAI Investment Property Center to market Tourney Pointe, a 220,000-sf office building in Valencia, Calif., that is only 35 percent leased. The sales price is expected to suffer because of its poor occupancy.

July 5, 2000 ATLANTA – Vinings Investment Properties Trust (OTC:VIPIS) is shedding its REIT status. The company's board of trustees decided that since the company is not currently generating taxable income, the change in tax status should not result in ...

July 3, 2000CRANFORD, N.J. - Mack-Cali Realty Corp. (NYSE:CLI) has redeployed proceeds of recent asset sale to acquire, in two separate transactions, Parsippany Office Associates, LLC, and Parsippany's interests in the Mack-Cali Business Campus and a portion of the Morris ...

July 3, 2000The National Association of Real Estate Investment Trusts today applauded the leadership of the Tennessee General Assembly and Governor Don Sundquist following enactment of corrective REIT legislation, the organization said in a statement. Last year, Tennessee extended its ...

June 30, 2000 ATLANTA – Wells Real Estate Funds has purchased a fully leased, single-tenant office building in Troy, Mich., for $19.8 million, or about $185/sf.A subsidiary of Delphi Automotives Systems Corp. has signed a seven-year lease for the 107,200-square-foot ...

June 30, 2000 RICHMOND, Va. – Credit Suisse First Boston and United Dominion Realty Trust Inc. (NYSE: UDR) have formed a joint venture that will invest about $105 million to develop five apartment communities.CSFB owns a 75 percent interest in ...